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Palantir Is Extending Its Reach Even Further Into Government

wired.com Makena Kelly 2025-12-19 09:30:00

President Donald Trump’s administration has dramatically expanded its work with Palantir, elevating the company cofounded by Trump ally Peter Thiel as the government’s go-to software developer. Following massive contract terminations for consulting giants and government contractors like Accenture, Booz Allen, and Deloitte, Palantir has emerged ahead. Now the data analytics firm is partnering with those companies—offering them a lifeline while consolidating its own power. Palantir has become one

Topics: accenture companies government palantir trump

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Nintendo doubles quarterly revenue as Switch 2 sales hit 5.8 million units

cnbc.com Ryan Browne 2025-12-19 11:38:52

Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one of the biggest global gadget debuts since the iPhone launches of yesteryear. Sales within Nintendo's intellectual property-related business — which includes movies and entertainment based on the company's original games — meanwhile declined 4.4% due to a decrea

Topics: company nintendo sales switch year

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Nothing just snubbed its biggest market while defending Phone 3 price

androidauthority.com Unknown 2025-12-19 09:41:22

C. Scott Brown / Android Authority TL;DR Nothing has defended criticism about the Phone 3’s price by saying that the device isn’t meant for every region. Specifically, a Nothing spokesperson told Bloomberg that the company’s largest market isn’t the core focus for Phone 3 — a statement fans might find problematic. The company also noted it has no plans to lower the price of the device. The Nothing Phone 3 is proving to be divisive by design…literally. Its offbeat camera layout, new Glyph Mat

Topics: company criticism isn phone price

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OpenAI removes ChatGPT feature after private conversations leak to Google search

venturebeat.com Michael Nuñez 2025-12-19 09:49:25

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now OpenAI made a rare about-face Thursday, abruptly discontinuing a feature that allowed ChatGPT users to make their conversations discoverable through Google and other search engines. The decision came within hours of widespread social media criticism and represents a striking example of how quickly privacy concerns can derail even well-inten

Topics: ai companies conversations privacy users

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Apple ‘very open’ to AI acquisitions to speed up its roadmap, Tim Cook says

9to5mac.com Marcus Mendes 2025-12-19 10:46:48

Whenever there’s talk of Apple making a big, splashy acquisition to help catch up in AI, someone inevitably points out that “Apple doesn’t acquire big companies like that”. Today, Apple CEO Tim Cook offered his view: company size doesn’t matter. If the tech is right, what’s the harm? During today’s Q3 2025 earnings call, Citi analyst Atif Malik asked whether Apple needed to accelerate its AI roadmap, despite historically not resorting to big acquisitions. Cook noted that Apple has acquired se

Topics: ai apple companies cook today

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Apple has now shipped 3 billion iPhones

engadget.com Unknown 2025-12-19 12:08:51

Apple has shipped its three billionth iPhone, Tim Cook has revealed during a call for the company's third quarter earnings. The company released the first iPhone in 2007 and sold its billionth iPhone in 2016. It is believed to have shipped its two billionth sometime in 2021, and now only four years later, it has reached the new milestone. Apple's CEO said the iPhone enjoyed a double digit growth in the third quarter and that the company earned $94 billion in revenue, up 10 percent year over year

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Reddit should be a 'go-to search engine,' Steve Huffman says

engadget.com Unknown 2025-12-19 14:00:39

Reddit is going to be leaning even harder into search in the coming months. The company has already been working on a plan to integrate its LLM-powered search into its main search feature, but CEO Steve Huffman said he wants users to think of the site as an actual search engine. During the company's latest earnings call, Huffman said search is one of the top priorities for Reddit. "We're concentrating our resources on the areas that will drive results for our most pressing needs, improving the

Topics: company huffman reddit said search

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Apple projects tariff costs will hit $1.1B next quarter

techcrunch.com Dominic-Madori Davis 2025-12-19 14:25:27

Tariffs are projected to cost Apple $1.1 billion in the July-to-September quarter, an uptick from the previous period, CEO Tim Cook said during the company’s earnings call with investors Thursday. Those cost projections, which are based on current rates and policies, could end up lower than expected as they did in the previous quarter. Apple incurred about $800 million of tariff-related costs for the June quarter, less than the $900 million estimate the company shared in May. Cook said most of

Topics: apple company disrupt quarter tariffs

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Reddit shares jump as much as 20% on second-quarter sales and guidance beat

cnbc.com Jonathan Vanian 2025-12-19 18:34:51

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange on March 21, 2024. Reddit shares jumped as much as 20% after the company reported second-quarter earnings on Thursday that beat on sales and guidance. Here's how the company did compared with LSEG estimates: Earnings per share: 45 cents vs. 19 cents expected 45 cents vs. 19 cents expected Revenue: $500 million vs. $426 million expected Reddit's revenue grew 78% year-over-year in the second qu

Topics: company huffman million quarter reddit

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Figma's top VCs are sitting on $24 billion worth of stock after massive IPO pop

cnbc.com Ari Levy 2025-12-19 18:48:28

Figma Inc. signage during the company's initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Thursday, July 31, 2025. You can almost smell the bubbly wafting across Silicon Valley. Following Figma's blockbuster market debut on Thursday, four of the most iconic names in venture capital — Index Ventures, Greylock, Kleiner Perkins and Sequoia — are collectively sitting on roughly $24 billion worth of the design software vendor's stock. Until recently, there's b

Topics: billion company figma stock thursday

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Apple is 'open to' acquisitions to boost its AI roadmap

engadget.com Unknown 2025-12-19 18:19:25

Apple leadership discussed results and updates today in its third-quarter conference call, including some statements about its AI endeavors. As reported by CNBC, CEO Tim Cook said that the company is "significantly growing out investments" in artificial intelligence, which shouldn't be much of a surprise for any players in the tech space. However, Cook did acknowledge that an acquisition to boost its work in AI wasn't out of the question. "We’re open to M&A that accelerates our roadmap," he said

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Tim Cook says Apple is ‘open to’ AI acquisitions

theverge.com Emma Roth 2025-12-19 23:16:02

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. Apple CEO Tim Cook says the company is “open” to mergers and acquisitions as it “significantly” increases its investment in AI, as reported by CNBC. Cook’s statements were made alongside the release of Apple’s third-quarter earnings results, which revealed that

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Apple says Trump’s tariffs are adding another $1 billion to its costs

theverge.com Emma Roth 2025-12-19 23:53:42

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. Apple is spending a lot on President Donald Trump’s tariffs. During an earnings call on Thursday, Apple CEO Tim Cook said the duties could add $1.1 billion to its costs during the September quarter. Cook says Apple has already spent around $800 million during t

Topics: apple company cook said tariffs

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Iconiq’s Will Griffith explains how his firm celebrated Figma’s IPO and why investors sold shares

techcrunch.com Julie Bort 2025-12-19 23:01:00

Will Griffith had only been two months in his job as a venture investor for Iconiq when he met a 19-year-old college dropout named Dylan Field. This would lead to one of his signature seed investments, in a startup called Figma. On Thursday, Figma went public with the stock popping from the $33 IPO opening price to close at $115.50 and a $47 billion market cap. And Griffith could not be more effusive in his praise for the company. “You go to one of these user conferences and you’re like, there

Topics: company figma griffith ipo said

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Apple plans to ‘significantly’ grow AI investments, Cook says

techcrunch.com Sarah Perez 2025-12-19 23:21:41

Apple on Thursday signaled that it’s getting more serious about its plans to catch up in the AI race. “We see AI as one of the most profound technologies of our lifetime. We are embedding it across our devices and platforms and across the company. We are also significantly growing our investments,” CEO Tim Cook said on the Q3 2025 earnings call with investors. “Apple has always been about taking the most advanced technologies and making them easy to use and accessible for everyone, and that’s a

Topics: 2025 ai apple company disrupt

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Apple has now sold 3 billion iPhones

techcrunch.com Amanda Silberling 2025-12-19 23:35:04

Apple has sold 3 billion iPhones since the product was launched in 2007, Apple CEO Tim Cook said Thursday during the company’s third-quarter earnings call. It took Apple nine years to sell the billionth iPhone, a milestone the company reached in 2016. This implies that Apple sold 2 billion between 2016 and now — also a nine-year period — marking the product’s growing popularity. While Apple celebrates 3 billion iPhones sold, the company has struggled a bit in the stock market this year, as the

Topics: apple billion company iphone quarter

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Roblox stock soars 10% after revenue beat, strong user growth

cnbc.com Chris Eudaily 2025-12-20 04:01:33

Roblox stock soared 10% on Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth. The gaming platform saw $1.44 billion in net bookings, up 51% over the year prior. Analysts polled by LSEG expected $1.24 billion in net bookings for the quarter. User and engagement numbers were also strong for the company, with daily active users at 111.8 million, up 41% year over year, and hours engaged at 27.4 billion, up 58%. StreetAccount expected 106 mil

Topics: billion bookings company quarter year

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Reddit shares jump 20% on second-quarter sales and guidance beat

cnbc.com Jonathan Vanian 2025-12-20 04:45:51

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange on March 21, 2024. Reddit shares jumped as much as 20% after the company reported second-quarter earnings on Thursday that beat on sales and guidance. Here's how the company did compared with LSEG estimates: Earnings per share: 45 cents vs. 19 cents expected 45 cents vs. 19 cents expected Revenue: $500 million vs. $426 million expected Reddit's sales grew 78% year-over-year in the second quar

Topics: company million quarter reddit year

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Tim Cook: Apple is ‘significantly growing’ AI spend, M&A could accelerate roadmap

9to5mac.com Ryan Christoffel 2025-12-20 04:56:03

Today Apple reported its quarterly earnings, far exceeding Wall Street expectations with a huge 10% YoY revenue increase. Apple CEO Tim Cook also signaled strong AI ambitions for the company in quotes made to CNBC. Apple’s AI investments are growing, but much more could be ahead Kif Leswing writes at CNBC: “We are significantly growing our investments,” Cook said about AI. “We’re embedding it across our devices, across our platforms and across the company.” Cook said that Apple had acquired “

Topics: ai apple company cook said

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Figma more than triples in NYSE debut after selling shares at $33

cnbc.com Jordan Novet 2025-12-20 14:10:52

Figma 's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO. The big opening pop is the latest indication that the tech IPO market has reopened following a multi-year lull that began in early 2022, when inflation was soaring and interest rates were on the rise. So far this year, online bank Chime , stablecoin issuer Circle and artificial intelligence infrastructure provider CoreWeave have hit the market

Topics: billion company field figma health

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Ferrari Status

news.ycombinator.com Ted Lamade 2025-12-16 23:23:14

Is Ferrari a car company? The obvious answer is yes, but not according to its CEO, Benedetto Vigna, who recently described the company’s business model saying, “We are not – we are not – a car company. We are a luxury company that is also doing cars.” That’s their differentiator. Their brand. Their “schtick.” And, it works, but not because it’s a marketing ploy. It works because Ferrari backs it up with its actions. How so? By adhering to its founder Enzo Ferrari’s “scarcity dictum” that de

Topics: capital companies company ferrari growth

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Design and development shop the Iconfactory is selling some apps —and AI is partially to blame

techcrunch.com Sarah Perez 2025-12-20 18:36:05

At one point, an app called Twitterrific was one of the most popular iPhone apps for browsing Twitter. These days, the company behind that app, and the many apps that followed, is struggling. And AI may partially be to blame. On Wednesday, the company known as the Iconfactory admitted it was at a crossroads and was putting up several of its apps for sale due to a lack of resources. While the announcement positioned the matter as a situation where the Iconfactory’s app catalog had simply grown t

Topics: ai app apps company iconfactory

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Google is experimenting with machine learning-powered age-estimation tech in the US

techcrunch.com Ivan Mehta 2025-12-20 20:05:39

Google is testing a machine learning-powered tech in the U.S. to determine the age of users and filter content across all its products accordingly. The company said it will consider data from Google accounts, including types of details users have searched for or categories of videos they have watched on YouTube, to determine the age. If the company’s tool decides that a user is under 18, they would get an email with details about how Google products might change for them. For these users, Goog

Topics: age company content google users

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Microsoft ends tradition of naming competitors in regulatory filings

cnbc.com Jordan Novet 2025-12-21 04:40:32

Microsoft CEO Satya Nadella leaves after attending a meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, on April 30, 2024. Microsoft has abandoned a decades-long tradition of calling out the names of its rivals in regulatory documents. When the 50-year-old technology company released its annual report Wednesday, the 101-page document contained zero references to longtime foes Apple and IBM . Nor did it mention privately held challengers such as Anth

Topics: annual apple companies did microsoft

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Arm stock tumbles on chip designer's muted profit forecast

cnbc.com Annie Palmer 2025-12-21 04:42:57

Shares of Arm Holdings plunged 12% on Thursday after the chip designer offered muted guidance for earnings. Second-quarter adjusted earnings will be between 29 cents and 37 cents per share, Arm said late Wednesday. Wall Street had projected 35 cents per share. The company forecast second-quarter revenue of $1.01 billion to $1.11 billion, which was in line with consensus estimates of $1.05 billion. The concerning outlook was amplified by commentary from Arm CEO Rene Haas, who indicated the com

Topics: arm billion cents company earnings

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Lyft completes its $197 million acquisition of Europe's Freenow

engadget.com Unknown 2025-12-21 04:24:20

Lyft has received the required regulatory clearance to finalize its acquisition of the European app-based taxi company Freenow. First announced back in April, Lyft’s approximately $197 million agreement with BMW and Mercedes-Benz allows the company to expand outside of North America for the first time. Freenow’s service will continue to operate as normal, but Bloomberg reports that users will be prompted to download the Lyft app when travelling in the US or Canada, and vice versa for Lyft rider

Topics: app company freenow lyft taxi

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Microsoft becomes the second $4 trillion company

theverge.com Tom Warren 2025-12-21 04:56:07

is a senior editor and author of Notepad , who has been covering all things Microsoft, PC, and tech for over 20 years. Microsoft’s stock price has risen so much today that it has passed a $4 trillion market valuation for the first time in its 50-year history. The software maker is the second company to be valued at $4 trillion, after Nvidia reached a market cap of over $4 trillion earlier this month. Microsoft has reached this milestone thanks to better-than-expected earnings, and the company

Topics: ai billion cloud company microsoft

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Roblox stock soars 16% after revenue beat, strong user growth

cnbc.com Chris Eudaily 2025-12-21 09:01:59

Roblox stock soared 16% Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth. The gaming platform saw $1.44 billion in net bookings, up 51% over the year prior. Analysts polled by LSEG expected $1.24 billion in net bookings for the quarter. User and engagement numbers were also strong for the company, with daily active users at 111.8 million, up 41% year-over-year, and hours engaged at 27.4 billion, up 58% year-over-year. StreetAccount expe

Topics: billion company gaming quarter year

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Figma CEO says AI superintelligence is not a looming threat to the company

cnbc.com Annie Palmer 2025-12-21 09:30:57

Figma co-founder and CEO Dylan Field said Thursday that artificial intelligence doesn't pose a serious threat to the future of the design software company, which is on the verge of debuting on the public markets. "We're in this moment where you might, if you're singularity-pilled, go, 'Hey, superintelligence is coming and it'll be able to do things that no human can do," Field told CNBC's "Squawk Box." "I have a harder time believing that we're going to approach that really quickly right now, b

Topics: billion cnbc company doesn figma

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Spotify Made a Huge Mistake With AI

futurism.com Unknown 2025-12-21 09:20:38

While Spotify users worm their way through a maze of AI-generated slop, the streaming giant's executives are dealing with an exodus of musicians after CEO Daniel Ek was working on a massive investment into an AI military weapons firm. Through his tech investment company, Prima Materia, Ek lead a $690 million funding round into Helsing, a German drone and AI weapons tech company, as reported by the Financial Times. Four years earlier, Ek — who also holds a position as Chairman of Helsing — led t

Topics: ai company ek spotify tech

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Latest Tech News

Palantir Is Extending Its Reach Even Further Into Government

Nintendo doubles quarterly revenue as Switch 2 sales hit 5.8 million units

Nothing just snubbed its biggest market while defending Phone 3 price

OpenAI removes ChatGPT feature after private conversations leak to Google search

Apple ‘very open’ to AI acquisitions to speed up its roadmap, Tim Cook says

Apple has now shipped 3 billion iPhones

Reddit should be a 'go-to search engine,' Steve Huffman says

Apple projects tariff costs will hit $1.1B next quarter

Reddit shares jump as much as 20% on second-quarter sales and guidance beat

Figma's top VCs are sitting on $24 billion worth of stock after massive IPO pop

Apple is 'open to' acquisitions to boost its AI roadmap

Tim Cook says Apple is ‘open to’ AI acquisitions

Apple says Trump’s tariffs are adding another $1 billion to its costs

Iconiq’s Will Griffith explains how his firm celebrated Figma’s IPO and why investors sold shares

Apple plans to ‘significantly’ grow AI investments, Cook says

Apple has now sold 3 billion iPhones

Roblox stock soars 10% after revenue beat, strong user growth

Reddit shares jump 20% on second-quarter sales and guidance beat

Tim Cook: Apple is ‘significantly growing’ AI spend, M&A could accelerate roadmap

Figma more than triples in NYSE debut after selling shares at $33

Ferrari Status

Design and development shop the Iconfactory is selling some apps —and AI is partially to blame

Google is experimenting with machine learning-powered age-estimation tech in the US

Microsoft ends tradition of naming competitors in regulatory filings

Arm stock tumbles on chip designer's muted profit forecast

Lyft completes its $197 million acquisition of Europe's Freenow

Microsoft becomes the second $4 trillion company

Roblox stock soars 16% after revenue beat, strong user growth

Figma CEO says AI superintelligence is not a looming threat to the company

Spotify Made a Huge Mistake With AI

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