OpenAI hopes the Disney deal boosts Sora, which has high costs and limited traction; Sensor Tower: users average 13 minutes per day on Sora vs. 90 on TikTok (Financial Times)
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OpenAI hopes the Disney deal boosts Sora, which has high costs and limited traction; Sensor Tower: users average 13 minutes per day on Sora vs. 90 on TikTok
From Financial Times. View the full context on Techmeme.
Broadcom's shares fell 11% on December 12, their biggest single-day drop since January, after the company's AI sales outlook fell short of investor expectations (Dina Bass/Bloomberg)
Bloomberg.com
Broadcom Shares Slide After Investors Seek Bigger AI Payoff
Broadcom Inc., a chip company vying with Nvidia Corp. for AI computing revenue, suffered the worst stock decline in more than 10 months after its s...
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Broadcom
By Dina Bass / Bloomberg. View the full context on Techmeme.
Indian IT giant TCS agrees to acquire Coastal Cloud, a Florida-based Salesforce consulting partner, for $700M, in a bid to boost its AI and US customer business (Mark Haranas/CRN)
TCS Buys Salesforce Star Coastal Cloud For $700M To Create ‘Top Five Salesforce’ Firm
Tata Consultancy Services acquires Salesforce partner Coastal Cloud and ListEngage to boost AI revenue, American customers and Salesforce business.
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Indian IT giant TCS agrees to acquire Coastal Cloud, a Florida-based Salesforce consulting partner, for $700M, in a bid to boost its AI and US customer business
By Mark Haranas / CRN. View the full context on Techmeme.
Cisco's stock touched a new record high of $80.25 on December 10, surpassing its previous split-adjusted high of $80.06 on March 27, 2000; CSCO is up 31.64% YTD (Robin Wigglesworth/Financial Times)
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Cisco
By Robin Wigglesworth / Financial Times. View the full context on Techmeme.
Seagate and Western Digital, with stocks each up 200%+ in 2025, will join Nasdaq 100 before the December 22 market open; GlobalFoundries will leave the index (Isabelle Lee/Bloomberg)
Bloomberg.com
Seagate, Alnylam Are Among Six Companies Set to Join Nasdaq 100
Six firms are set to join the Nasdaq 100 Index as part of its annual reconstitution, the benchmark’s overseer said Friday.
Techmeme
Seagate and Western Digital, with stocks each up 200%+ in 2025, will join Nasdaq 100 before the December 22 market open; GlobalFoundries will leave the index
By Isabelle Lee / Bloomberg. View the full context on Techmeme.
In a letter to the Trump administration, the GOP Senatorial Committee Chair Sen. Tim Scott said the Netflix-WBD deal raises "significant antitrust problems" (Semafor)
Opposition to Netflix-Warner deal grows in Washington
Sen. Tim Scott, a Republican with close ties to the White House, joined the mounting opposition in Washington to Netflix’s takeover of Warner Bros.
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In a letter to the Trump administration, the GOP Senatorial Committee Chair Sen. Tim Scott said the Netflix-WBD deal raises “significant antitrust problems”
From Semafor. View the full context on Techmeme.
Google has removed dozens of AI videos from YouTube that depicted Disney characters, after Disney sent a cease-and-desist letter flagging the links (Gene Maddaus/Variety)
Google Removes AI Videos of Disney Characters After Cease and Desist
Google has taken down dozens of AI-generated videos of Disney-owned characters after the studio sent a cease and desist letter on Wednesday.
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Google has removed dozens of AI videos from YouTube that depicted Disney characters, after Disney sent a cease-and-desist letter flagging the links
By Gene Maddaus / Variety. View the full context on Techmeme.
Microsoft expands its bug bounty program so that any critical vulnerability, including in third-party code, impacting its online services is eligible for awards (Duncan Riley/SiliconANGLE)
SiliconANGLE
Microsoft broadens bug bounty scope to include any vulnerability impacting its services - SiliconANGLE
Microsoft broadens bug bounty scope to include any vulnerability impacting its services - SiliconANGLE
Techmeme
Microsoft expands its bug bounty program so that any critical vulnerability, including in third-party code, impacting its online services is eligible for awards
By Duncan Riley / SiliconANGLE. View the full context on Techmeme.
OpenAI quietly adopted Anthropic's "skills" mechanism in ChatGPT and Codex; ChatGPT's skills include creating and modifying spreadsheets, docx files, and PDFs (Simon Willison/Simon Willison's Weblog)
Simon Willison’s Weblog
OpenAI are quietly adopting skills, now available in ChatGPT and Codex CLI
One of the things that most excited me about Anthropic’s new Skills mechanism back in October is how easy it looked for other platforms to implem...
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OpenAI quietly adopted Anthropic
By Simon Willison / Simon Willison
Internal message: SpaceX has authorized an insider share sale at $421/share, valuing the company at ~$800B, and said it's preparing for a possible IPO in 2026 (Loren Grush/Bloomberg)
Bloomberg.com
SpaceX Sets $800 Billion Valuation, Confirms 2026 IPO Plans
SpaceX is moving forward with an insider share sale that values Elon Musk’s rocket and satellite maker at about $800 billion, setting up what cou...
Techmeme
Internal message: SpaceX has authorized an insider share sale at $421/share, valuing the company at ~$800B, and said it
By Loren Grush / Bloomberg. View the full context on Techmeme.