Sundar Pichai’s memo on Wednesday thanked Jeff Dean for “an incredible 27-year run” and said he was off to start a company with Sanjay Ghemawat. He posted the same two names on X. Discovery Loop’s website names four. The two Google skipped are Quoc Le,…
China’s two biggest optical module makers took a beating on Wednesday. Zhongji Innolight fell as much as 16%, according to the South China Morning Post. Bloomberg put the intraday drop at 14%. Eoptolink Technology slid with it. The trigger was a Reuter…
In 2021, TikTok changed its algorithm to stop users being flooded with harmful content. But it did not give the safer version to everyone. It held 10% of US users on the old version, about 15 million people at the time. It wanted to test whether the sa…
Uber wants to own the robotaxi era without building the cars. “Building a great autonomous driver is one part of building a successful autonomous business,” chief executive Dara Khosrowshahi told analysts on Wednesday. He then listed the rest: dispatch…
SpaceX has reported its first earnings as a public company, and the biggest number was not the one about rockets. The company that launches most of the world’s payloads made more money selling AI compute and satellite internet than it did from space. R…
The largest leveraged buyout in history has closed. Electronic Arts is now private. A group led by Saudi Arabia’s Public Investment Fund bought it for $55bn, alongside Silver Lake and Jared Kushner’s Affinity Partners. The maker of The Sims, Battlefiel…
The Salt Typhoon hack that breached America’s biggest phone carriers had a back door hiding in plain sight. A bipartisan House report has a blunt finding. Three Chinese state-owned carriers, pushed out of the US years ago, never fully left. Their lefto…
Palantir is having a remarkable week. Its shares jumped almost 30% on Tuesday. Chief executive Alex Karp forecast revenue nearly doubling to $8bn this year, and called demand “otherworldly”. In the same week, a report found it pays almost nothing in ta…
Texas spent years selling itself as the easiest place in America to build a data centre. This week it started making that harder. Governor Greg Abbott, who last year called the state the “epicenter of AI development,” has ordered a pause on new data-ce…
Zillow laid off more than 500 people on Tuesday, about 7% of its staff and its largest cut of the year. The Seattle property company made the move one day before it reports quarterly earnings. It has spent the year telling investors it is becoming an “…