Sam Phillips / South China Morning Post : Singapore-based investment app Syfe raised a $53M Series C extension, taking the round to $80M ...
A US judge rules Apple violated a 2021 court order to open the App Store to outside payment options, and refers the case for a criminal contempt investigation — Gonzalez Rogers also referred the case to federal prosecutors to investigate whether Apple committed criminal contempt of court for flouting her 2021 ruling.
Posted from: this blog via Microsoft Power Automate.
In Meta's earnings call, Mark Zuckerberg says the company plans to add ads to the Meta AI app, plus a paid tier for more compute and functionality — Meta's AI app already includes a social feed, and Zuckerberg said product recommendations might be next.
Posted from: this blog via Microsoft Power Automate.
US v. Google: Sundar Pichai said Google expects to strike a Gemini deal with Apple by mid-2025 and Tim Cook told him Apple plans to add more AI models this year — Google CEO Sundar Pichai suggested that the company plans to roll out its Gemini integration by the end of this year.
Posted from: this blog via Microsoft Power Automate.
Meta's Reality Labs posts Q1 revenue down 6% YoY to $412M, vs. $492.7M est., and a $4.2B operating loss, vs. $4.6B est.; Reality Labs has lost $60B+ since 2020 — Meta is continuing to sink billions of dollars a quarter into the metaverse. — In its first-quarter earnings report on Wednesday …
Posted from: this blog via Microsoft Power Automate.
Nuvo, a B2B startup that scales trade partnerships by streamlining credit approvals and more, raised a $34M Series A from Sequoia Capital and Spark Capital — Nuvo, a company that has built a social-like platform to facilitate easier purchasing of physical goods between businesses …
Posted from: this blog via Microsoft Power Automate.
Microsoft reports Q3 revenue up 13% YoY to $70.1B, Microsoft 365 Commercial products and cloud services revenue up 11% YoY, and net income up 18% YoY to $25.8B — Microsoft Cloud and AI Strength Drives Third Quarter Results — REDMOND, Wash. — April 30, 2025 — Microsoft Corp. today announced …
Posted from: this blog via Microsoft Power Automate.
Meta's Reality Labs posts Q1 revenue down 6% YoY to $412M, vs. $492.7M est., and a $4.2B operating loss, vs. $4.6B est.; Reality Labs has lost $60B+ since 2020 — Meta shares rose nearly 3% after the company reported stronger-than-expected revenue in the first quarter.
Posted from: this blog via Microsoft Power Automate.
Meta reports Q1 revenue up 16% YoY to $42.3B, net income up 35% YoY to $16.6B, and family daily active people up 6% YoY to 3.43B on average for March 2025 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2025.
Posted from: this blog via Microsoft Power Automate.
Microsoft Q3: Intelligent Cloud revenue up 21% YoY to $26.75B, vs. $26.16B est., Azure and other cloud services up 33%, above est.; MSFT jumps 5%+ after hours — Microsoft shares rose more than 6% in extended trading on Wednesday after the company reported better-than-expected quarterly results.
Posted from: this blog via Microsoft Power Automate.
Sources: Ripple has proposed a takeover of Circle for $4B to $5B, a bid that was rejected as too low; Ripple remains interested in Circle — Ripple has proposed a takeover of rival stablecoin provider Circle Internet Group Inc. for $4 billion to $5 billion, a bid that was rejected as too low …
Posted from: this blog via Microsoft Power Automate.
Visa partners with Stripe's Bridge to help fintechs launch their own stablecoin-linked card programs in multiple countries at once, starting in Latin America — The platform will allow developers to launch card programs in multiple countries at once, starting with Argentina, Colombia …
Posted from: this blog via Microsoft Power Automate.
Visa announces Visa Intelligent Commerce, opening its payment network to developers building AI agents to find and buy products for users — AI has transformed everyday tasks such as writing, coding — even shopping. Now, Visa is introducing an initiative to prepare its payment network …
Posted from: this blog via Microsoft Power Automate.
Q&A with Mark Zuckerberg on Llama 4, benchmarks, AI friends, DeepSeek, China, export controls, open source, monetizing AGI, aligning with Trump, and more — “The world is going to get a lot funnier, weirder, and quirkier.” — Transcript — Zuck on: — Llama 4, benchmark gaming, open vs closed
Posted from: this blog via Microsoft Power Automate.
Finland passes legislation, which goes into effect August 1, to restrict the use of mobile phones during the school day, following Denmark, France, and Norway — Nordic country is latest to act amid evidence of impact on young people, including attention and self-esteem
Posted from: this blog via Microsoft Power Automate.
Duolingo launches 148 new language courses developed with generative AI, doubling its offerings for non-English speakers within a year, as it aims for 1B+ users — On Wednesday, Duolingo signaled that approach is helping to rapidly expand its language-learning courses …
Posted from: this blog via Microsoft Power Automate.
US v. Google: Sundar Pichai says he had at least a “couple” of calls with Tim Cook in 2024 about a Gemini deal; Cook said Apple plans to add more AI chatbots — Google CEO Sundar Pichai and Apple CEO Tim Cook had at least a “couple” of phone calls last year where Pichai made the case …
Posted from: this blog via Microsoft Power Automate.
SEC filing: Intel EVP and Chief Commercial Officer Christoph Schell is resigning “in order to pursue another career opportunity” after joining in February 2022 — Christoph Schell, Intel's EVP and chief commercial officer, is leaving the company after a two-year stint, according to a filing with the SEC.
Posted from: this blog via Microsoft Power Automate.
US v. Google: Sundar Pichai says the DOJ's proposal to share Google search data with rivals amounts to a “de facto” spinoff of Google's search engine and its IP — If Google were required to share both its search data and the information on how it ranks results …
Posted from: this blog via Microsoft Power Automate.
Wikipedia says it will use AI to build new features that “remove technical barriers” for editors, moderators, and patrollers, automate tedious tasks, and more — Wikipedia on Wednesday revealed its new AI strategy for the next three years — and it's not replacing the Wikipedia community …
Posted from: this blog via Microsoft Power Automate.
Meta, Spotify, and Match launch the Coalition for a Competitive Mobile Experience, a lobbying coalition to take on Apple and Google over user age verification — App makers Meta Platforms Inc., Spotify Technology SA and Match Group Inc. are girding for a high-stakes political battle …
Posted from: this blog via Microsoft Power Automate.
Grindr rolls out A-List, powered by Claude Sonnet 3.7 and AWS' Bedrock, to curate “meaningful past connections, high-potential matches” and chat summaries — The LGBTQ dating brand is rolling out a feature from its product roadmap called “A-List,” an automatically curated list that surfaces …
Posted from: this blog via Microsoft Power Automate.
Kintsugi, which uses AI to help companies automate their sales tax compliance, raised $18M at a $150M post-money valuation, up from $80M in November 2024 — Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million …
Posted from: this blog via Microsoft Power Automate.
AI legal analysis startup Supio, which focuses on personal injury law across 114+ case types, raised $60M led by Sapphire, taking its total funding to $91M — Supio, a startup that uses AI to automate data collection and analysis for legal teams, has raised $60 million in a funding round led …
Posted from: this blog via Microsoft Power Automate.
Doc: the EU's draft International Digital Strategy, set for June 4, acknowledges that decoupling from US tech is “unrealistic” and calls for strategic alliances — The European Union is set to admit that untangling from the dominance of U.S. tech companies is “unrealistic” …
Posted from: this blog via Microsoft Power Automate.
Rogo, which offers an AI chatbot that replicates an investment banker, raised a $50M Series B led by Thrive at a $350M valuation, after raising $18.5M in 2024 — Rogo, founded by an ex-Lazard analyst, has raised $50mn from investors led by Thrive Capital — An AI start-up behind a chatbot …
Posted from: this blog via Microsoft Power Automate.
DeepSeek quietly open-sources Prover-V2 AI, a math-focused, 671B-parameter model using mixture-of-experts, on Hugging Face, one day after Alibaba released Qwen3 — The Chinese start-up has released the Prover-V2 model a day after Alibaba released Qwen3, and ahead of an anticipated release of DeepSeek-R2
Posted from: this blog via Microsoft Power Automate.