Paramount agrees to acquire WBD, paying $31 per share in cash, giving WBD an enterprise value of $110B; Paramount paid a $2.8B breakup fee to Netflix
Netflix backed away from its $87.2 billion deal on Thursday. … The two companies formally unveiled the deal Friday after Netflix formally bowed …
Samsung says Ballie, a robot announced six years ago but never released, is an “active innovation platform” within the company helping inform other products
Samsung Electronics Co. has once again sidelined Ballie, a long-anticipated robot that was first announced six years ago but never released.
Sources: XAI Holdings, the newly combined entity housing xAI and X, is in talks to raise roughly $20B, or possibly more, valuing the company at more than $120B
Elon Musk's XAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly combined artificial intelligence startup …
Apple plans to begin on-device, privacy-centric analysis of user data, comparing it to synthetic data, to improve AI, in the iOS 18.5 and macOS 15.5 betas
without reading them Emma Roth / The Verge : Apple's complicated plan to improve its AI while protecting privacy Ivan Mehta / TechCrunch : Apple details how it plans to improve its...
A closer look at the iPhone 17 “Air”, which lays the foundation for major design changes in future devices, including possible portless and foldable iPhones
Apple's upcoming iPhone 17 “Air” will foreshadow a move to slimmer models without charging ports.
Sources: Google is in final talks to acquire AdHawk Microsystems, a Canadian maker of eye-tracking tech, for $115M, including $15M in performance-based payments
Alphabet Inc.'s Google is in final talks to acquire AdHawk Microsystems Inc., a maker of eye-tracking technology, part of a renewed push into headsets and smart glasses.
Sources: Apple preps a major interface revamp for iOS 19, iPadOS 19, and macOS 16, loosely based on visionOS, with a consistent design and simpler navigation
Apple Inc. is preparing one of the most dramatic software overhauls in the company's history, aiming to transform the interface of the iPhone …
Source: TSMC is considering a controlling stake and fully operating Intel's US factories after a Trump team request, as Trump aims to boost US manufacturing
www.bloomberg.com/news/article... @cdmasterzang : Make Taiwan Great Again! X: Scott Lincicome / @scottlincicome : “Intel's foundry operation lost more than $13 billion on $17.5 bil...
Sources: Intel has spoken with the Trump administration and TSMC over the past few months about a deal in which TSMC assumes control of Intel's foundry business
The Silicon Valley giant is trying to cut a deal it hopes would help it pull out of a yearslong slump.
US officials have struck binding deals for 85% of the CHIPS Act funding; sources: Gina Raimondo said her successor, Howard Lutnick, is committed to the program
Mackenzie Hawkins / Bloomberg :
OpenAI debuts a way to talk to ChatGPT by dialing 1-800-CHATGPT for 15 minutes of free access per month in the US or messaging the number via WhatsApp globally
12 Days of OpenAI: Day 10 Kylie Robison / The Verge : You can now call 1-800-CHATGPT … For the 10th day of “ship-mas,” OpenAI rolled … Kyle Wiggers / TechCrunch : OpenAI brings Cha...
How Tim Cook may navigate Trump's presidency, a closer look at Apple's upcoming smart home command center, sources detail a new AirTag coming in 2025, and more
code-named B589 — for release around the middle of next year. That accessory has now progressed in manufacturing tests, and Apple is getting ready to bring it to market. I'm told...
Apple's future growth may come from several new Watch- or iPad-level businesses; visionOS 2.2's ultrawide Mac display mode is the Vision Pro's first killer app
Apple may never find another product with as much revenue potential as the iPhone, but it can still thrive with several new Apple Watch- or iPad-level businesses.
Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February 2024; Intel joined the index in 1999
Intel's 25-year reign has come to an end Varsha Agarwal / DNA India : Nvidia to replace rival Intel in Dow Jones indices by November 8 Kara Greenberg / Investopedia : Nvidia To Tak...
Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February 2024; Intel joined the index in 1999
- Intel, Dow Inc. are set to leave the 30-member index — Nvidia up 3.2% in post-market trading, while Intel is down 2%
Apple's first chief people officer, Carol Surface, who joined in early 2023, is leaving; retail chief Deirdre O'Brien is reassuming oversight of human resources
https://mastodon.social/... X: Mark Gurman / @markgurman : If it feels like there are a lot of senior exits right now, that's because there are: CFO moving to smaller role, plus Ap...
Sources: Apple is planning a new iPad mini, possibly for 2024, and nearing production of an iPhone SE without a home button and iPad Air models for early 2025
- New SE will use modernized design to entice budget shoppers — Company also preparing iPad mini for this year, Air for 2025
Salesforce agrees to buy Zoomin, an Israeli data management company that makes unstructured data accessible to AI agents, in a deal valued at $450M
Meir Orbach / CTech :
Amazon CEO Andy Jassy tells staff to return to the office five days per week from January 2, 2025, citing the importance of the policy to the company's culture
Amazon orders employees back to the office five days a week Michael Grothaus / Fast Company : Amazon CEO Andy Jassy orders employees back to the office 5 days a week in one of the ...
A look at Apple's strategy to keep executives who wish to retire; sources: the M4 Mac mini will have five USB-C and no USB-A ports, and an internal power supply
Apple's succession strategy has come into focus with the upcoming exit of its chief financial officer.