11:50 PM • | Olga Kharif / Bloomberg: The US SEC approves a yield-bearing stablecoin by Figure Markets, which Figure says is the first yield-bearing stablecoin registered as a security with the SEC |
10:50 PM • | Ryan Christoffel / 9to5Mac: iOS 18.4 dev beta adds Apple Intelligence-powered Priority Notifications, to show important alerts in a separate lock screen section at the top, off by default |
8:45 PM • | MacKenzie Sigalos / CNBC: Block shares closed down 17.69% on February 21, their steepest drop since 2020, after Q4 earnings missed est. and guidance for 2025 failed to reassure investors |
8:15 PM • | Reuters: President Trump signs a memorandum to consider retaliatory measures, including tariffs, on countries that impose digital service taxes on US tech companies |
7:45 PM • | Muyao Shen / Bloomberg Tax: NFT marketplace OpenSea says the US SEC has ended an investigation into the company, after OpenSea received a Wells Notice in August 2024 |
7:40 PM • | Reuters: Sources: US negotiators pressing Ukraine for access to its minerals raised the possibility of cutting the country's access to Starlink if a deal is not reached |
7:30 PM • | Bloomberg: Trump directs CFIUS to limit Chinese investments in key areas, and says US will consider outbound investment restrictions to China in sectors like chips and AI |
7:05 PM • | Bloomberg: Trump says Tim Cook told him that Apple “stopped two plants in Mexico” and will build products in the US instead, a move Apple hasn't publicly discussed |
6:05 PM • | Bloomberg: Crypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokens |
5:45 PM • | Ricardo Brito / Reuters: Brazilian Supreme Court Justice Alexandre de Moraes orders the immediate and full suspension of Rumble in the country due to noncompliance with court orders |
5:40 PM • | RT Watson / The Block: Arkham says ZachXBT submitted proof that North Korea's Lazarus Group is behind Bybit's $1.5B hack, which is the largest single theft in crypto history |
5:15 PM • | Bloomberg: NetEase CEO William Ding has cut hundreds of jobs, closed game studios, and reduced international investment as he refocuses on a smaller portfolio of titles |
4:20 PM • | Kyle Wiggers / TechCrunch: Sakana AI walks back claims that its new AI CUDA Engineer can speed up AI training by up to 100x, after complaints about worse-than-average training performance |
3:30 PM • | Tom Carreras / CoinDesk: Source: the US Marshals Service is struggling to come up with a rough estimate of its bitcoin holdings, complicating plans for a US Bitcoin reserve |
2:25 PM • | Bloomberg: Sources: AMD is in talks with Asian companies for a $3B to $4B sale of data center manufacturing plants, which it inherited in its $4.9B ZT Systems acquisition |
1:55 PM • | Cade Metz / New York Times: OpenAI says it found evidence of an AI-powered surveillance tool used by a Chinese security operation to identify anti-China posts on social media in the West |
1:20 PM • | David Heaney / UploadVR: Apple releases visionOS 2.4 developer beta, adding Apple Intelligence, a guest mode, a Spatial Gallery app, an iPhone app for remote installs, and more |
12:30 PM • | Bloomberg: Sources: SoftBank VF and others marked up ByteDance's valuation to $400B+; SoftBank puts zero value on TikTok's US operations but factored in AI business Doubao |
12:00 PM • | The Information: OpenAI told investors that it expects revenue to more than triple in 2025, from $3.7B to over $12.5B; one-third of the revenue growth would come from SoftBank |
11:45 AM • | Bloomberg: Sources: Fluidstack, which wants to build a €10B AI data center in France as part of Macron's €109B data center pledge, is in talks to raise a ~$200M Series A |
11:15 AM • | Foo Yun Chee / Reuters: Sources: EU antitrust regulators are set to charge Google for breaching the DMA after proposed changes to its search results failed to address concerns |
11:10 AM • | Oliver Knight / CoinDesk: Bybit Loses $1.5B in Hack but Can Cover Loss, CEO Confirms |
10:12 AM • | Mark Gurman / Bloomberg: Apple removes Advanced Data Protection for iCloud in the UK after the government ordered it to build a backdoor, something the company says it will never do |
10:05 AM • | Ian Duncan / Washington Post: Sources: the US NHTSA is losing ~10% of its workforce via firings and buyout offers, including nearly half of a small team that regulates autonomous vehicles |
9:25 AM • | Anna Tong / Reuters: Source: AI search engine startup Genspark raised a $100M Series A at a $530M valuation and currently has over 2M MAUs; it raised a $60M seed in June 2024 |
8:31 AM • | Jesse Pound / CNBC: Coinbase says the US SEC agreed “in principle” to drop its 2023 case against the company, calling it “righting a major wrong” and a “huge day” for crypto |
8:20 AM • | Saritha Rai / Bloomberg: DeepSeek plans to open source five of its code repositories next week, letting anyone download, build on, or improve the code behind its well-regarded AI models |
7:05 AM • | Vlad Savov / Bloomberg: Sensor Tower: Xiaohongshu's downloads fell 91% in five days after Apple and Google relisted TikTok on their US app stores on February 13, while TikTok's doubled |
6:00 AM • | Ivan Mehta / TechCrunch: OpenAI launches Operator in the UK, Japan, and most ChatGPT regions, and says it's working to expand to the EU, Switzerland, Norway, Liechtenstein, and Iceland |
4:35 AM • | Steve Lohr / New York Times: Software engineers, academics, and analysts say AI coding tools will likely start an evolution rather than an extinction, pushing developers to learn new skills |
2:30 AM • | Wired: How Breeze Liu, an advocate for digital abuse victims, got Microsoft to scrub 142 nonconsensual explicit images of herself from Azure after months of struggle |
1:30 AM • | Harry Dempsey / Financial Times: Japanese officials and executives warn that China's export curbs on gallium, germanium, and other chip raw materials threaten global electronics supply chains |
12:55 AM • | Bloomberg: On Alibaba's Q3 earnings call, CEO Eddie Wu calls the pursuit of AGI the company's “primary objective”, saying “our first and foremost goal is to pursue AGI” |
12:45 AM • | Hannah Murphy / Financial Times: Sources: Meta's Oversight Board got little notice of Zuckerberg's “free speech” overhaul, fueling tensions as it rushes to hold Meta accountable for the changes |
10:50 PM • | Brenda Goh / Reuters: Chinese state media: Huawei founder Ren Zhengfei told Xi Jinping at a meeting that concerns about China lacking homegrown chips or operating systems had eased |
9:40 PM • | Benj Edwards / Ars Technica: Microsoft researchers introduce Magma, an AI foundation model that combines visual and language processing to control software interfaces and robotic systems |
8:55 PM • | Gergely Orosz / The Pragmatic Engineer: A look at the potential reasons why software developer job listings on Indeed hit a five-year low in January, down 35% from January 2020, including AI's impact |
7:30 PM • | Jonathan Vanian / CNBC: SEC filing: Meta raises executives' annual bonuses from 75% to 200% of their base salary, after reportedly cutting most employees' annual stock options by ~10% |
6:35 PM • | Wall Street Journal: Sources: GameStop CEO and activist investor Ryan Cohen has grown his Alibaba stake to ~7M shares, worth ~$1B, in recent months, showing his bullishness on China |
6:20 PM • | Mobile EDR Security: iVerify's iOS app detected a Pegasus infection in 11 new cases in December 2024, and about half of them did not receive Threat Notifications from Apple |
5:45 PM • | Ben Lang / Road to VR: Meta announces a $50M creator fund for Horizon Worlds; CTO Andrew Bosworth reportedly told staff that 2025 is a make-or-break year for Meta's XR ambitions |
5:30 PM • | MacKenzie Sigalos / CNBC: Block reports Q4 revenue up 4% YoY to $6.03B, vs. $6.29B est., gross profit up 14% YoY to $2.31B, and Cash App gross profit up 16% YoY to $1.38B; XYZ drops 10%+ |
4:55 PM • | Aisha Malik / TechCrunch: Substack adds the ability to post videos from its app and lets creators monetize videos, and plans to add more video tools like trimming and enhanced analytics |
3:40 PM • | Ian Carlos Campbell / Engadget: Meta says that US users over 18 can now sign up to be a Community Notes contributor on Facebook, Instagram, and Threads; notes will have a 500-character limit |
3:15 PM • | Sarah Perez / TechCrunch: Amazon plans to end support for its videoconferencing tool Chime on February 20, 2026; report: Amazon is adopting Zoom as its standard app for internal meetings |
2:40 PM • | Emily Birnbaum / Bloomberg: US FTC Chair Andrew Ferguson announces an inquiry into “Big Tech censorship”, which he calls “un-American” and “potentially illegal”, and seeks public comment |
2:25 PM • | Annie Palmer / CNBC: Amazon surpassed Walmart in quarterly sales for the first time during the most recent quarter, with revenue of $187.8B compared to Walmart's $180.5B |
1:50 PM • | Ashley Carman / Bloomberg: YouTube plans to add a “premium lite” tier, a source says for the US, Australia, Germany, and Thailand, offering podcasts without ads and music videos with ads |
1:25 PM • | Matt Novak / Gizmodo: Elon Musk says he will “fix” Community Notes as they are “increasingly being gamed by governments & legacy media”, after disagreeing with notes about Ukraine |
12:30 PM • | New York Times: Sources: the Trump administration targets officials fighting foreign interference in US elections, focused on those combating cyberattacks and false content |
11:55 AM • | Bloomberg: Sources: X's financials, which show ~$1.4B in adjusted profit, fall outside corporate accounting standards; 2023 figures were audited, but 2024 figures were not |
11:35 AM • | Ryan Christoffel / 9to5Mac: Kuo: all iPhone 17 models will have Apple's in-house Wi-Fi chips, enhancing connectivity and cutting costs; only the slim iPhone 17 will have the C1 modem chip |
10:40 AM • | Sarah Wynn / The Block: The US SEC announces the Cyber and Emerging Technologies Unit to protect investors from bad actors in crypto and AI, replacing the Crypto Assets and Cyber Unit |
10:30 AM • | Jess Weatherbed / The Verge: Twitch plans to implement a 100-hour storage cap for Highlights and Uploads from April 19, automatically deleting content from streamers who exceed the limit |
10:15 AM • | Jess Weatherbed / The Verge: Spotify begins accepting AI-narrated audiobooks recorded using ElevenLabs' software; Spotify already allows AI-recorded audiobooks, with several restrictions |
9:40 AM • | Dean Takahashi / VentureBeat: Nvidia launches Signs, a new AI platform to teach American Sign Language and create a validated video library of ASL signs for learners and app developers |
9:20 AM • | Lizette Chapman / Bloomberg: AI hiring startup Mercor, founded by 21-year-old Thiel fellow Brendan Foody, raised $100M led by Felicis at a $2B valuation, up from $250M in September 2024 |
9:00 AM • | Ivan Mehta / TechCrunch: Amazon plans to discontinue its Appstore for Android and its Coins program on August 20, 2025, but keep its Appstore on its devices like Fire TV and Fire Tablet |
8:45 AM • | Kate Rooney / CNBC: OpenAI COO Brad Lightcap says ChatGPT crossed 400M weekly active users in February 2025, up 33% from 300M in December 2024, and 2M paying enterprise customers |
8:35 AM • | Wired: Investigation: Google's Display & Video 360 ad platform openly serves up sensitive information about Americans, despite Google's rules against such practices |
8:25 AM • | Paayal Zaveri / Bloomberg: Together AI, which provides users access to AI computing, raised $305M co-led by General Catalyst and Saudi Arabia's Prosperity7 at a $3.3B valuation |
8:15 AM • | Alexander Saeedy / Wall Street Journal: Sources: a US grand jury is investigating criminal misconduct at fintech Synapse, where up to $96M in user funds went missing, and has questioned an executive |
8:05 AM • | Reuters: The European Commission approves €920M in German state aid to Infineon to build a new chip plant in Dresden, set to reach full capacity in 2031 |
7:55 AM • | Pew Research Center: US survey: views of Mark Zuckerberg and Elon Musk tilt negative; Democrats and Republicans view Zuckerberg unfavorably; Musk is polarizing along party lines |
7:45 AM • | Dominic Preston / The Verge: Oppo launches the Find N5, the world's thinnest foldable at 8.93mm closed and 4.21mm open, with IPX6, X8, and X9 ratings, in Europe and Asia for ~$1,870 |
7:30 AM • | Nikkei Asia: Tokyo-based Sakana AI details its AI CUDA Engineer, which it says can speed up AI training and inference 10x to 100x by “breeding” more efficient instructions |
7:20 AM • | Emily Birnbaum / Bloomberg: Meta says Mark Zuckerberg went to the US Capitol on February 19 to lobby senators on AI and talk about issues like US tech leadership |
7:10 AM • | Aditya Kalra / Reuters: Sources: Google is close to deciding on locations in India for its first physical retail stores outside the US; the company currently has five stores |
6:55 AM • | Wes Davis / The Verge: Rabbit R1 maker Rabbit demos its “generalist Android agent”, showing it controlling apps on a tablet, building on its LAM Playground, a “generalist web agent” |
6:45 AM • | Sergiu Gatlan / BleepingComputer: CISA and the FBI: attackers deploying Ghost ransomware breached victims from multiple industry sectors across 70+ countries, including critical infrastructure |
6:35 AM • | Sherry Qin / Wall Street Journal: Chinese game giant NetEase reports Q4 net profit up 33% YoY to ~$1.2B, above ~$1.05B est., and revenue down 1.4%, a sign its gaming business is turning around |
6:25 AM • | Bloomberg: Alibaba reports Q3 revenue up 8% YoY to ~$38.6B, vs. ~$38B est., its fastest pace of growth in over a year, and a ~$6.7B net income; BABA closes up 8.09% |
6:15 AM • | RT Watson / The Block: Nansen: 86% of traders lost $251M in total on the Solana memecoin Libra that Argentine President Milei promoted, while the remaining traders profited $180M |
6:05 AM • | Lizette Chapman / Bloomberg: Palantir's stock fell 10% on February 19 after WaPo reported that US Defense Secretary Pete Hegseth plans to cut military spending; PLTR is up 40%+ in 2025 |
5:55 AM • | Natasha Lomas / TechCrunch: Global Witness: ahead of Germany's election, TikTok's and X's For You feeds show a substantial far-right bias; 78% of TikTok's recommendations supported the AfD |
5:40 AM • | Reuters: Russian search and ad giant Yandex reports 2024 revenue up 37% YoY to a record ~$12.3B and expects 2025 revenue up 30%+, after splitting from Nebius Group |
5:15 AM • | Angus Whitley / Bloomberg: Australia eSafety Commissioner study: social media platforms likely have ~1.3M under-13 Australian users, suggesting a lack of preparation for the under-16 ban |
4:45 AM • | Tim Bradshaw / Financial Times: An interview with Accel's Harry Nelis, who led early investments in Zepz and Kayak, on how the European startup industry has changed, the AI boom, and more |
1:50 AM • | Lucy Fisher / Financial Times: Labour MP Graeme Downie, the chair of the UK's cross-party coalition on secure technology, warns that Chinese components in smart devices pose a sabotage threat |
12:50 AM • | Romain Dillet / TechCrunch: Paris-based Spore.Bio, which has developed a pre-trained deep learning algorithm to speed up microbiology testing, raised a $23M Series A led by Singular |
11:50 PM • | Bloomberg: Lenovo reports Q3 revenue up 20% YoY to $18.8B, above est., and net income up 106% YoY to $692.7M, vs. $365M est.; IDC says Lenovo's PC shipments grew 4.8% YoY |
11:45 PM • | Kyle Wiggers / TechCrunch: Sanas, whose tech changes call center workers' accents in real time using AI, raised a $65M Series B at a $500M+ valuation led by Quadrille and Teleperformance |
11:10 PM • | Lawrence Bonk / Engadget: Twitch rolls out changes to its violation enforcement system, including letting minor infractions expire after 90 days and serious ones in one or two years |
11:00 PM • | The Block: Ethereum transaction fees' seven-day moving average fell to $0.77 on February 15, a 70% week-over-week drop from $2.57 and the lowest since July 2020 |
10:25 PM • | Kim Zetter / Wired: Source: 19-year-old Edward Coristine and Kyle Schutt, both DOGE engineers, are now on staff at the CISA; Coristine was briefly an intern for Neuralink |
9:45 PM • | David Jeans / Forbes: Clearview AI co-founder and President Hoan Ton-That resigns, after stepping back as CEO in December 2024, and says he will continue serving as a board member |
8:15 PM • | Suzanne Vranica / Wall Street Journal: Sources: top X executives hinted to Interpublic and other ad firms that not spending on X could lead to legal woes, due to X's lawsuit against some advertisers |
7:10 PM • | Courtney Albon / Defense News: Austin-based autonomous shipbuilding startup Saronic raised a $600M Series C led by Elad Gil at a $4B valuation, and unveiled plans for a next-gen shipyard |
6:25 PM • | Romain Dillet / TechCrunch: Mistral's Le Chat app tops 1M downloads in just 14 days, quickly reaching the App Store's top free downloads spot in France; ChatGPT hit 500K in just six days |
5:50 PM • | Ben Schoon / 9to5Google: Google is removing Gemini support from the main Google app on iOS, pushing users to download the standalone Gemini app that launched in November 2024 |
5:10 PM • | Jagmeet Singh / TechCrunch: Uber ditches commissions in favor of daily fees for auto-rickshaw drivers in India in response to increased competition from local rivals Rapido and Namma Yatri |
4:35 PM • | Dwarkesh Patel / Dwarkesh Podcast: Q&A with Satya Nadella on Microsoft's AGI plan, the quantum breakthrough with Majorana 1, how Muse will change gaming, AI's legal barriers, AI safety, and more |
4:00 PM • | Andy Chalk / PC Gamer: Valve releases a Team Fortress 2 SDK with the game's client and server code, letting users build new Team Fortress 2-based games licensed for non-commercial use |
3:15 PM • | Jon Keegan / Sherwood News: Perplexity open sources R1 1776, a version of the DeepSeek R1 model that Perplexity CEO Aravind Srinivas says was “post-trained to remove the China censorship” |
2:35 PM • | Lorenzo Franceschi-Bicchierai / TechCrunch: Filings: US Army soldier Cameron John Wagenius pleads guilty to hacking AT&T and Verizon and stealing a massive trove of phone records from the telcos in 2024 |
1:55 PM • | Axios: Sources: NIST plans to cut 497 people, including 74 postdocs and most staff at its Chips for America program; the AI Safety Institute faces an uncertain future |
1:30 PM • | Adamya Sharma / Android Authority: Google is bringing Circle to Search-like visual searches to its Chrome and Google iOS apps, without the Circle to Search branding, as a Google Lens feature |
12:40 PM • | Max A. Cherney / Reuters: AheadComputing, a startup co-founded by former Intel executives and engineers to build RISC-V chips and technology, raised a $21.5M seed led by Eclipse Ventures |
11:58 AM • | Jordan Novet / CNBC: Baseten, which helps companies launch open-source or custom AI models, raised $75M led by IVP and Spark Capital at an $825M valuation and claims 100+ customers |
11:56 AM • | Krystal Hu / Reuters: Lambda, which offers cloud services and computers to train AI, raised a $480M Series D, sources say at a $2.5B post-money valuation, taking its funding to $863M |
11:53 AM • | Kate Rooney / CNBC: Cambridge, MA-based OpenEvidence, which offers an AI chatbot for physicians, raised $75M from Sequoia at a $1B valuation, taking its total funding to $100M+ |
11:50 AM • | Hartley Charlton / MacRumors: Apple now only sells iPhone models with big screens, in 6.1-inch, 6.3-inch, 6.7-inch, and 6.9-inch sizes, after discontinuing the 4.7-inch iPhone SE |
11:30 AM • | Sarah Perez / TechCrunch: Instagram updates direct messages with translation across 99 languages, scheduling and pinning tools, music-sharing features, and more, on iOS and Android first |
11:26 AM • | Ryan Christoffel / 9to5Mac: Apple discontinues the iPhone SE, iPhone 14, and iPhone 14 Plus; the iPhone 16e starts at $599, significantly higher than the iPhone SE's $429 starting price |
11:20 AM • | Financial Times: Microsoft says it has harnessed a new state of matter using particles called Majorana fermions, a significant breakthrough to create workable topological qubits |
11:18 AM • | Tom Warren / The Verge: Microsoft unveils the Majorana 1, its first quantum processor that uses Majorana particles instead of electrons, with the potential to fit a million qubits |
11:16 AM • | Tom Warren / The Verge: Microsoft announces Muse AI, a first-of-its-kind generative AI model that can generate a game environment based on visuals, players' controller actions, or both |
11:08 AM • | Zac Hall / 9to5Mac: Apple unveils its first in-house cellular modem, the C1, with 5G, to replace Qualcomm modems, saying it is “the most power-efficient modem ever on an iPhone” |
11:05 AM • | Chance Miller / 9to5Mac: Apple unveils the $599+ iPhone 16e with a 6.1" display, A18, 48MP camera, Apple Intelligence, the C1 cellular modem, USB-C, and no MagSafe, shipping February 28 |
11:00 AM • | Camillus Eboh / Reuters: Court docs: Nigeria sues Binance to reclaim $79.5B in alleged economic losses the government says were caused by the company's operations, and $2B in back taxes |
10:15 AM • | Allie Garfinkle / Fortune: Verkada, which makes smart cameras, alarms, sensors, and more for enterprises, raised a $200M Series E at a $4.5B valuation, up from $3.2B in September 2022 |
10:05 AM • | The Information: Sources: Alibaba and others approached DeepSeek about funding after its rise, but CEO Liang Wenfeng is cautious; High-Flyer is discussing a pivot from research |
9:25 AM • | Erik Larson / Bloomberg: Trump Media and Rumble sue a Brazilian Supreme Court justice, alleging he tried to illegally suppress the US social media activity of conservative Brazilians |
9:20 AM • | Melissa Heikkilä / Financial Times: Google launches a Gemini 2.0-based AI co-scientist tool to help biomedical scientists create novel hypotheses and speed up research, available to select testers |
9:13 AM • | Devindra Hardawar / Engadget: Nvidia RTX 5070 Ti review: capable for 4K gaming and DLSS 4 multi-frame gen makes a huge difference, but prices fluctuate wildly and $750 is a lot for mid-range |
9:05 AM • | Belle Lin / Wall Street Journal: Crunchbase debuts an AI-based prediction engine for where startups are heading, including funding, acquisitions, and IPOs, based on its 17 years of startup data |
9:00 AM • | James Hunt / The Block: Binance.US resumes USD deposits and withdrawals for the first time since June 2023, when the US SEC sued Binance, Binance.US, and co-founder Changpeng Zhao |
8:55 AM • | Ingrid Lunden / TechCrunch: Augury, which uses AI to detect malfunctions in factory machines, raised a $72.5M Series F, potentially rising to ~$100M, led by Lightrock at a $1B+ valuation |
8:40 AM • | Chainalysis: In 2024, sanctioned jurisdictions and entities received $15.8B in crypto, or ~39% of all illicit crypto transactions; Tornado Cash inflows jumped 108% in 2024 |
8:20 AM • | Lauren Thomas / Wall Street Journal: Shift4 agrees to acquire Swiss tax-free shopping services provider Global Blue Group for ~$1.5B; Shift4 handles $250B+ in payments per year for 200K+ companies |
8:10 AM • | Natasha Lomas / TechCrunch: French privacy startup Murena unveils the €539 Murena Pixel Tablet, running its open-source, forked /e/OS, after releasing a “deGoogled” smartphone in 2022 |
7:55 AM • | Muvija M / Reuters: Apple tells the UK CMA that some of its mobile browser remedies would slow innovation, and it would “not be appropriate” to mandate free WebKit and iOS access |
7:05 AM • | Jonathan Weil / Wall Street Journal: In Q4, Coinbase changed how it reports users' crypto assets, taking them off its balance sheet, highlighting the lingering issue of who owns the digital assets |
6:40 AM • | Reuters: Google agrees to pay €326M to settle an Italian tax case from 2015 to 2019, covering sanctions, penalties, and interest; Milan prosecutors plan to drop the case |
6:30 AM • | Andy Greenberg / Wired: Signal updates its app with phishing protections after Google says Russia-linked hackers are duping Ukrainian soldiers via malicious QR codes for group invites |
6:20 AM • | VentureBeat: Sources: Chinese game publisher NetEase has been directed to divest its overseas holdings, starting with hit game Marvel Rivals, which laid off its Seattle team |
5:55 AM • | Ian King / Bloomberg: Analog Devices, one of the largest analog chip makers, increases its stock buyback program by $10B to $11.5B and raises its dividend; ADI closes up 9.74% |
5:40 AM • | Danny Nelson / CoinDesk: Source: in text messages, Libra co-creator Hayden Davis bragged he could “control” Argentine President Javier Milei by making payments to Milei's sister, Karina |
4:15 AM • | Bloomberg: How PDD's Temu, the world's biggest online dollar store, got sucked into President Trump's trade war; eMarketer expects Temu to have $30B in US sales in 2025 |
2:20 AM • | Nandan Mandayam / Reuters: Hexaware Technologies' stock rose as much as 10% on its trading debut, valuing the company at ~$5.44B, after the IT services firm raised $1B in its Indian IPO |
1:40 AM • | Bloomberg: Some US ByteDance investors argue that they don't need US TikTok for success as ~80% of ByteDance's revenue comes from China, the valuation's real driving force |
1:30 AM • | Financial Times: Sources: Meta has led the charge against the EU's AI Act this year, as Big Tech, with backing from President Trump, grows bolder in challenging EU regulations |
1:05 AM • | Katie Roof / Bloomberg: Sources: X is in talks to raise funds at a $44B valuation, matching the price Elon Musk paid for Twitter in 2022, as his proximity to Trump alters X's prospects |
12:45 AM • | Cheng Ting-Fang / Nikkei Asia: Taiwan's ASE Technology, the world's largest chip packaging and testing firm, opens a new plant in Penang, Malaysia, as part of its biggest overseas expansion |
12:20 AM • | Olga Kharif / Bloomberg: Solana has lost ~25% of its market value, or ~$20B, since February 14, after Argentine President Javier Milei drew criticism for promoting Solana memecoin Libra |