Author: Hunter
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Intel foundries lost $13 billion last year, but its losses are no longer historic
Last quarter, amid turmoil and restructuring, chipmaker Intel announced one of the largest corporate quarterly losses of all time — $16.6 billion, ten times worse than its $1.6B loss the quarter before. But in today’s Q4 2024 and full-year earnings release, Intel’s not hurting as badly: the company just announced a mere $126 million quarterly… Read more
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Apple reports best-ever earnings even as iPhone revenue slips
As has become an annual tradition, Apple just reported blockbuster earnings for the company’s most recent holiday quarter. “Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up four percent from a year ago,” CEO Tim Cook said in a press release. Revenue was up nearly across the board for the… Read more
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Meta’s Ray-Bans smart glasses sold more than 1 million units last year
Meta CEO Mark Zuckerberg revealed sales figures for the companyâs Ray-Ban smart glasses for the first time, telling employees that over 1 million units were sold in 2024. In remarks during an all-hands meeting seen by The Verge, Zuckerberg posed a question to staff about whether sales would go from 1 million to as much… Read more
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YouTube Premium’s 4x speed and other experimental features now available to subscribers
After announcing some new experimental features for YouTube Premium subscribers earlier this month — and that multiple experiments can be tested at once — the company has added one it promised was on the way: the ability to watch videos at 4x speed, as reported by Android Police. I’m personally a 1.5x to 2x sicko… Read more
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Polestar’s new polar EVs can race through the snow
The Polestar 4 gets ski racks. Polestar is building one-of-a-kind versions of its EVs that are ready for whatever the winter brings. The company took the long-range, dual motor versions of its newest vehicles, the Polestar 3 SUV and Polestar 4 coupe (with performance packs), and turned them into rally-style vehicles that can rip through… Read more
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The FCC is investigating NPR and PBS
Federal Communications Chair Brendan Carr has ordered investigations into NPR and PBS with the goal of slashing the money given to the government-funded organizations, The New York Times reports. The investigations are ostensibly about PBS and NPR’s member stations’ sponsorships, according to a letter from Carr obtained by the Times. “I am concerned that NPR… Read more
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Meta Is Dismantling DEI Programs, but Tells Investors It Still Wants ‘Cognitive Diversity’
Cuts to diversity programs and other policy changes have frustrated some of Meta’s workers. One former employee calls it “a slow, painful death.” Read more
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AI Pact: Simplifying EU AI Act compliance for enterprises
While most provisions of the EU AI Act come into effect at the end of a two-year transition period ending in August 2026, some of them enter force as early as February 2, 2025. The European law on artificial intelligence is extensive and complex and understanding it and integrating it into daily practice requires a… Read more
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Streaming services keep getting more expensive: all the latest price increases
There’s more good stuff to watch than ever — if you can afford it. | Image: Amazon Death. Taxes. All your streaming services getting a little more expensive all the time. These are the new certainties in life, it seems. In recent years, as the streaming TV and movie business has gotten more competitive and… Read more
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Amazon Music Unlimited is getting a price hike
Amazon has raised the price of its Music Unlimited service in the US, Canada, and the UK, as reported by The Hollywood Reporter. In an update on its website, Amazon says it’s raising the price for Prime members from $9.99 to $10.99 per month (or $99 to $109 / year), while the plan for non-Prime… Read more