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Hugging Face, a repository for open-source artificial intelligence, has laid off about 10 people from its sales team, according to a person with direct knowledge of the cuts. That’s around 4% of the 250-person company. The cuts impacted Hugging Face’s consulting business, “Expert Support ...
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The Information
Huawei’s revenue hit $118.3 billion in 2024, a 22% year-over-year increase amid US sanctions. Consumer business and smart car solutions drive impressive performance. Profit margins show pressure from R&D investments. Chinese tech giant Huawei shattered market expectations on Wednesday, announcing a staggering 860 billion yuan ($118.3 billion) in revenue for 2024 – its fastest growth... Read more » Read more ›
5,374 fresh
Some evangelical leaders are pushing back against President Donald Trump's push to dismantle USAID and cut foreign aid. Read more ›
3,024 fresh
Sources tell WIRED that the ability of DOGE's Marko Elez to alter code controlling trillions in federal spending was rescinded days after US Treasury and White House officials said it didn't exist. Read more ›
2,773 fresh
Marko Elez â the 25-year-old Department of Government Efficiency (DOGE) staffer who has reportedly been combing through the Treasury Departmentâs payment systems â resigned from his position after the Wall Street Journal uncovered an old social media account linked to him with numerous posts promoting racism and eugenics. â99% of Indian H1Bs will be replaced […] Read more ›
2,546 fresh
The US government’s primary foreign aid organization is losing the vast majority of its staff, forcing the agency's lifesaving work to screech to a halt. Read more ›
2,326 fresh
It's not yet clear what Elon Musk and DOGE will be doing. But Ted Cruz, the head of the Senate committee overseeing the FAA, is on board. Read more ›
1,974 fresh
The massive insurer hired a lawfirm that specializes in defamation to force a public apology from a doctor in Texas following a post on social media. Read more ›
1,482 fresh
Elon Musk’s Department of Government Efficiency is moving fast and breaking the law — lots of laws. The scope of Trump and Musk’s sweeping effort to purge the federal workforce and slash government spending has shocked the political world — in part for its ambition, but also in part because of its disregard for the […] Read more ›
1,424 fresh
Elon Musk may be working for the White House, but no one will say what his job is — and records show his position as "unlisted." Read more ›
1,320 fresh
The company is leaning into hybrids and EVs that incorporate small gas engines that extend their range. Read more ›
1,278 fresh
Old ICE press releases have a little piece of new HTML that’s doing a lot of work. Read more ›
1,249 fresh
Rep. Alexandria Ocasio-Cortez won plaudits from critics for saying her congressional salary is her only income and she doesn't trade stocks. Read more ›
1,139
Experts question whether Edward Coristine, a DOGE staffer who has gone by “Big Balls” online, would pass the background check typically required for access to sensitive US government systems. Read more ›
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The Slayer herself revealed that a Buffy revival has been in the works for a while ahead of this week's announcement. Read more ›
1,068 fresh
A brief spat between Elon Musk and the news organization Politico is making something quite obvious: The nation’s governance is increasingly at the whim of online conspiracy theorists. This incident began with two unrelated events: On Tuesday, staffers at Politico reported that the company had missed payroll. Those issues were resolved later that day. Separately, […] Read more ›
982 fresh
Switch 2 might have been officially revealed, but there's still a whole lot we don't know about it. And while Nintendo is staying stubbornly tightlipped until April, a newly surfaced patent appears to confirm at least a few previously reported details the company has so far only teased. Read more Read more ›
979 fresh
Thirty years ago today, 'Phage' introduced us to the Vidiians, giving Star Trek one of its best body horror scares wrapped in layers of tragedy. Read more ›
866 fresh
Information on new "SparkCat" malware infesting a small number of iOS apps was shared yesterday by Kaspersky, and shortly after the report came out, Apple pulled the apps from the App Store. Some of the apps that had hidden malware included ComeCome, WeTink, and AnyGPT. 11 apps were removed in total, but when removing the apps, Apple found another 89 with the same code that had been previously rejected or... Read more ›
850 fresh
The Information
Texas Republican Gov. Greg Abbott has banned the use of the Chinese AI software Deepseek on government-owned devices to protect the state’s critical data, intellectual property, and other assets from being accessed by the Chinese government, his office said in a statement. The Texas ... Read more ›
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Lina Khan is out of the government, but she hasn’t given up her crusade against big tech. The former Federal Trade Commission chair has written an opinion piece for The New York Times suggesting the success of China’s artificial intelligence firm DeepSeek is a sign that “there isn’t enough competition” in the tech industry. Perhaps Lina Khan is living on a different planet. In the U.S., aside from ChatGPT parent... Read more ›
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Hugging Face, a repository for open-source artificial intelligence, has laid off about 10 people from its sales team, according to a person with direct knowledge of the cuts. That’s around 4% of the 250-person company. The cuts impacted Hugging Face’s consulting business, “Expert Support ... Read more ›
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The tech industry’s project to build out artificial intelligence is proving even more capital intensive than the peak of the last investment supercycle by oil and gas firms in the mid-2010s. Microsoft, Meta Platforms, Amazon and Alphabet spent an estimated average of 17.2% of their revenues on capital expenditures in 2024, up from 12.7% in 2021, with the figure expected to rise further in 2025. Read more ›
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When selecting the venue for next weekend’s Super Bowl between the Kansas City Chiefs and Philadelphia Eagles, the NFL went with a traditional choice: New Orleans. It’ll be the 11th time the Big Easy has hosted the Big Game, tying it with Miami for hosting the most Super Bowls ever. Recently, however, the world’s richest professional sports league has hinted it may be ready to dispense with tradition: A Super... Read more ›
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Republican Senator Bill Hagerty on Tuesday introduced a bill to create a regulatory framework on stablecoins, representing the first push in Congress to pass a crypto legislation under the new Trump administration. Stablecoins—crypto tokens pegged to dollars and backed by U.S. treasuries and ... Read more ›
14
Is Mark Zuckerberg auditioning for the role of Elon Musk’s Mini-Me? We’re kidding, but it is uncanny how much Zuckerberg seems to be following Musk’s lead lately. In the latest example, The Wall Street Journal reported on Friday that Meta Platforms is considering moving its legal incorporation to Texas, out of Delaware, just as Tesla did last year. This follows Zuckerberg’s recent decision to adopt a “community notes” feature for... Read more ›
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Paid subscribers to ChatGPT nearly tripled to 15.5 million last year from 5.8 million a year earlier, OpenAI recently told some shareholders, despite competition from chatbots made by Google, Anthropic and Meta Platforms. Based on what OpenAI charges for the chatbot subscriptions, the increase means ChatGPT was likely generating at least $4 billion in annualized revenue around the end of last year, or $333 million per month, just two years... Read more ›
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SoftBank said on Monday it would spend $3 billion per year on technology from OpenAI for itself and its affiliates, including electronic payment service PayPay and chip designer Arm, of which it is the majority owner. The Japanese telecom conglomerate and OpenAI said they will also ... Read more ›
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As Meta Platforms sets about turning its massive investment in artificial intelligence into ways to make money, it’s asking ad agencies for help. Meta has been sending its engineers to work with ad agencies on developing AI tools designed to do everything from tweaking videos and static images in ads to evaluating the effectiveness of such images in ads, ad agency executives said. Read more ›
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Most popular sources
Gizmodo
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36% 15 |
Business Insider
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13% 3 |
Tech Wire Asia
|
11% 8 |
Wired
|
9% 1 |
Vox
|
5% 2 |
| View sources » | |
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06.02.2025 20:46
Last update: 20:36 EDT.
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