News

Bailey Lipschultz / Bloomberg: Trump Media & Technology Group shares jumped up to 58% to hit $78.80 on its trading debut before the Nasdaq briefly halted trading, following the DWAC merger  —  – Trump Media & Technology Group operates Truth… Read More »Trump Media & Technology Group shares jumped up to 58% to hit $78.80 on its trading debut before the Nasdaq briefly halted trading, following the DWAC merger (Bailey Lipschultz/Bloomberg)

Wayne Ma / The Information: Source: Tencent agrees to release some of its most important apps on the Apple Vision Pro  —  When Apple launched the Vision Pro headset, it leaned heavily on its own streaming app, as well as… Read More »Source: Tencent agrees to release some of its most important apps on the Apple Vision Pro (Wayne Ma/The Information)

Bloomberg: Chinese government data: iPhone shipments in China fell ~33% YoY to ~2.4M units in February 2024, after dropping 39% YoY to ~5.5M units in January 2024  —  – Foreign-brands shipped only about 2.4 million smartphones  — Apple is the… Read More »Chinese government data: iPhone shipments in China fell ~33% YoY to ~2.4M units in February 2024, after dropping 39% YoY to ~5.5M units in January 2024 (Bloomberg)

Tom Warren / The Verge: Sony plans to add a new opt-in Community Game Help feature on the PS5 later in 2024 to automatically create clips that can help other players complete games  —  Sony is introducing a new Community… Read More »Sony plans to add a new opt-in Community Game Help feature on the PS5 later in 2024 to automatically create clips that can help other players complete games (Tom Warren/The Verge)

Max Goldbart / Deadline: The BBC has “no plans” to use AI again to promote Doctor Who, after the marketing team used AI “as part of a small trial” to help draft emails and notifications  —  The BBC has “no… Read More »The BBC has “no plans” to use AI again to promote Doctor Who, after the marketing team used AI “as part of a small trial” to help draft emails and notifications (Max Goldbart/Deadline)

Edward Ludlow / Bloomberg: Internal Tesla memo: Elon Musk tells staff to perform a “short test ride” with customers to demonstrate Full Self-Driving, a “hard requirement” from now on  —  – New requirement will slow delivery process, Musk says in… Read More »Internal Tesla memo: Elon Musk tells staff to perform a “short test ride” with customers to demonstrate Full Self-Driving, a “hard requirement” from now on (Edward Ludlow/Bloomberg)

Annie Palmer / CNBC: Amazon launches same-day prescription medication deliveries in New York City and the greater Los Angeles area, and plans to add 12+ cities by the end of 2024  —  The Amazon Pharmacy home screen is displayed on… Read More »Amazon launches same-day prescription medication deliveries in New York City and the greater Los Angeles area, and plans to add 12+ cities by the end of 2024 (Annie Palmer/CNBC)

Katie Paul / Reuters: Meta’s Oversight Board calls on the company to end its blanket ban on the Arabic word “shaheed”, or “martyr”, after a review found Meta’s approach “overbroad”  —  Meta’s (META.O) oversight board on Tuesday called on the… Read More »Meta’s Oversight Board calls on the company to end its blanket ban on the Arabic word “shaheed”, or “martyr”, after a review found Meta’s approach “overbroad” (Katie Paul/Reuters)

Pei Li / Bloomberg: Filing: Alibaba calls off a Hong Kong IPO for its Cainiao logistics arm, and now plans to buy out all remaining stock held by investors and employees for $3.75B  —  – The company is raising capital… Read More »Filing: Alibaba calls off a Hong Kong IPO for its Cainiao logistics arm, and now plans to buy out all remaining stock held by investors and employees for $3.75B (Pei Li/Bloomberg)

Olivia Poh / Bloomberg: Canva acquires the Affinity creative suite, popular with Mac users; COO Cliff Obrecht says the cash-and-stock deal is valued at “several hundred million pounds”  —  – Australian unicorn buys British team behind Affinity art suite  —… Read More »Canva acquires the Affinity creative suite, popular with Mac users; COO Cliff Obrecht says the cash-and-stock deal is valued at “several hundred million pounds” (Olivia Poh/Bloomberg)