Journals

Granth Vanaik / Reuters: DoorDash reports Q4 revenue up 27% YoY to $2.3B, vs. $2.24B est., total orders up 23% YoY to 574M, and Q1 profit forecast below estimates; DASH drops 8%+  —  DoorDash (DASH.O) projected annual core profit largely… Read More »DoorDash reports Q4 revenue up 27% YoY to $2.3B, vs. $2.24B est., total orders up 23% YoY to 574M, and Q1 profit forecast below estimates; DASH drops 8%+ (Granth Vanaik/Reuters)

Devin Coldewey / TechCrunch: The US Patent and Trademark Office denies OpenAI’s attempt to trademark “GPT”, ruling that the term is “merely descriptive”  —  The U.S. Patent and Trademark Office has denied OpenAI’s attempt to trademark “GPT,” ruling that the… Read More »The US Patent and Trademark Office denies OpenAI’s attempt to trademark “GPT”, ruling that the term is “merely descriptive” (Devin Coldewey/TechCrunch)

Mark Gurman / Bloomberg: Sources: Apple has expanded testing of a Copilot-like tool for Xcode and is exploring AI features for productivity apps and a Spotlight search that uses LLMs  —  – Company is working on several generative AI-based features … Read More »Sources: Apple has expanded testing of a Copilot-like tool for Xcode and is exploring AI features for productivity apps and a Spotlight search that uses LLMs (Mark Gurman/Bloomberg)

Tom Warren / The Verge: Q&A with Microsoft Gaming CEO Phil Spencer on bringing Xbox-exclusive games to PS5 and Switch, the future of Xbox, next-gen hardware, regulation, and more  —  Microsoft has been gradually moving Xbox away from the idea… Read More »Q&A with Microsoft Gaming CEO Phil Spencer on bringing Xbox-exclusive games to PS5 and Switch, the future of Xbox, next-gen hardware, regulation, and more (Tom Warren/The Verge)

Tom Warren / The Verge: Microsoft says its Xbox Game Pass service now has 34M subscribers, up 36% from the 25M subscribers Microsoft reported more than two years ago  —  Microsoft’s Xbox Game Pass service now has 34 million subscribers. … Read More »Microsoft says its Xbox Game Pass service now has 34M subscribers, up 36% from the 25M subscribers Microsoft reported more than two years ago (Tom Warren/The Verge)

Chance Miller / 9to5Mac: Apple confirms that iOS 17.4 removes Home Screen web apps in the EU because of a DMA requirement that forces Apple to allow alternative browser engines  —  iOS 17.4 offers a number of changes for the… Read More »Apple confirms that iOS 17.4 removes Home Screen web apps in the EU because of a DMA requirement that forces Apple to allow alternative browser engines (Chance Miller/9to5Mac)

Steven Levy / Wired: OpenAI unveils its first text-to-video model, Sora, which can create up to a minute of 1080p video, as a research product for some creators and security experts  —  OpenAI’s entry into generative AI video is an… Read More »OpenAI unveils its first text-to-video model, Sora, which can create up to a minute of 1080p video, as a research product for some creators and security experts (Steven Levy/Wired)

Dan Primack / Axios: Filings: Sam Altman is the sole owner of the OpenAI Startup Fund, which reported $175M in total commitments in May 2023; Microsoft is an outside limited partner  —  – By last May it reported $175 million… Read More »Filings: Sam Altman is the sole owner of the OpenAI Startup Fund, which reported $175M in total commitments in May 2023; Microsoft is an outside limited partner (Dan Primack/Axios)

Drew Harwell / Washington Post: The SEC approves Truth Social’s SPAC merger with DWAC; Trump’s stake in the post-merger company would be valued at more than $4B at today’s price  —  The former president’s stake in the post-merger company would… Read More »The SEC approves Truth Social’s SPAC merger with DWAC; Trump’s stake in the post-merger company would be valued at more than $4B at today’s price (Drew Harwell/Washington Post)

Chainalysis: In 2023, crypto money laundering fell 29.5% YoY to $22.2B, 109 addresses each got $10M+ in illicit crypto, and five off-ramp services got 71.7% of illicit funds  —  Coming soon  —  The goal of money laundering is to obscure… Read More »In 2023, crypto money laundering fell 29.5% YoY to $22.2B, 109 addresses each got $10M+ in illicit crypto, and five off-ramp services got 71.7% of illicit funds (Chainalysis)