Intel adds former ASML CEO Eric Meurice and Microchip interim CEO Steve Sanghi to its board; both have significant semiconductor manufacturing experience
Rohan Goswami / CNBC :
Airbnb reports Q2 revenue up 11% YoY to $2.75B, above estimates, Nights and Experiences Booked up 9% YoY, and Q3 guidance below est.; ABNB drops 14%+
Revenue Q2 revenue of $2.75 billion increased 11% compared … Rohan Goswami / CNBC : Airbnb shares drop 14% on earnings miss as company warns of slowing U.S. demand Ana Altchek / Business Insider : Air...
Apple will withhold the release of Apple Intelligence, iPhone Mirroring, and more in the EU this year, citing concerns about DMA's interoperability requirements
After the news broke yesterday - on a Friday afternoon, no less … Lloyd Coombes / iMore : Apple's biggest iOS 18 and macOS features, including Apple intelligence, won't come to the EU this year becaus...
Sources: activist fund Starboard Value has taken a ~$500M stake in Autodesk and spoken to its board over concerns regarding a probe that led to its CFO's ouster
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Palantir reports Q1 revenue up 21% YoY to $634M, vs. $625M est., and a $106M net income, up from $16.8M in Q1 2023; PLTR drops 14%+ on weak guidance
Rohan Goswami / CNBC :
Andreessen Horowitz raised $7.2B, including $600M for American Dynamism, $3.75B for late-stage startups, and $600M for gaming, exceeding its target by ~4%
I am pleased to announce that we have just raised $7.2B … TechCrunch : Andreessen Horowitz's $7.2B new funds for a ‘new era’ Giuseppe Ciccomascolo / CCN.com : AI Investment from Andreessen Horowitz to...
Meta plans to start paying quarterly dividend for the first time, of 50 cents per share, “subject to market conditions”, and authorizes a $50B share buyback
Rohan Goswami / CNBC :
After Amazon ended its acquisition, iRobot plans to lay off 31% of its staff, or ~350 people, and says chair and CEO Colin Angle would step down; IRBT drops 5%+
Rohan Goswami / CNBC :
The US DOJ says SAP will pay $220M+ to settle investigations into worldwide “recidivist” foreign bribery practices, and enter a three-year deferred prosecution
Rohan Goswami / CNBC :
Apple plans to ship the $3,499+ Vision Pro on February 2 in the US, after opening pre-orders on January 19 at 8am ET, with a Solo Knit Band and a Dual Loop Band
Again Michael Potuck / 9to5Mac : Here's everything that Apple includes in the Vision Pro box Nick Evanson / PC Gamer : The $3,499 Apple Vision Pro finally has an actual release date, and will be on sa...