Author: Paul

Didi reports Q4 revenue up 7.1% YoY to ~$7.32B and a ~$180M net loss, down from a ~$6.2M profit in Q4 2023, as it recovers from China’s $1.2B fine in July 2022 (Reuters)

Reuters:
Didi reports Q4 revenue up 7.1% YoY to ~$7.32B and a ~$180M net loss, down from a ~$6.2M profit in Q4 2023, as it recovers from China’s $1.2B fine in July 2022 — Chinese ride-hailing company Didi Global reported on Tuesday a 7.1% rise in fourth-quarter revenue to 52.9 billion yuan …

Germany’s Federal Court of Justice rules against Apple’s appeal against a regulatory assessment that opens Apple up to stricter controls in the country (Reuters)

Reuters:
Germany’s Federal Court of Justice rules against Apple’s appeal against a regulatory assessment that opens Apple up to stricter controls in the country — Apple (AAPL.O) lost an appeal on Tuesday against a regulatory assessment that opens the iPhone maker up to stricter controls in Germany …

A look at Europe’s options for building a “European Cloud”, which is likely to be more difficult than the €15B Galileo satellite system, and potential issues (Bert Hubert’s writings)

Bert Hubert’s writings:
A look at Europe’s options for building a “European Cloud”, which is likely to be more difficult than the €15B Galileo satellite system, and potential issues — The very short version: It has now become clear that European governments can no longer rely on American clouds …

Ahead of its rumored March 19 release, a YouTuber posts a video of an alleged Pixel 9a, showing a flat rear panel, minimal camera bump, and large bezels (Rajesh Pandey/Android Police)

Rajesh Pandey / Android Police:
Ahead of its rumored March 19 release, a YouTuber posts a video of an alleged Pixel 9a, showing a flat rear panel, minimal camera bump, and large bezels — – Detailed Pixel 9a unboxing and hands-on videos have been published on YouTube. — One YouTuber has put the phone through its paces …

Anthropic Chief Product Officer Mike Krieger says the company is preparing enterprise features and discussing voice product launches with “a bunch of partners” (Cristina Criddle/Financial Times)

Cristina Criddle / Financial Times:
Anthropic Chief Product Officer Mike Krieger says the company is preparing enterprise features and discussing voice product launches with “a bunch of partners” — AI start-up’s product head Mike Krieger says $60bn company is preparing to release features aimed at enterprise market

PitchBook: China led Asia with 715 AI VC deals in 2024, totaling $7.3B, South Korea followed with 308 deals worth $1.8B, and India with 306 deals totaling $1.7B (Nikkei Asia)

Nikkei Asia:
PitchBook: China led Asia with 715 AI VC deals in 2024, totaling $7.3B, South Korea followed with 308 deals worth $1.8B, and India with 306 deals totaling $1.7B — India emerges as Asia’s No. 2 market for artificial intelligence dealmaking — PALO ALTO, California …

A RevenueCat report, covering data from 75K+ mobile apps and $10B+ in revenue across 1B+ transactions, shows most apps fail to reach $1K/month after two years (Scharon Harding/Ars Technica)

Scharon Harding / Ars Technica:
A RevenueCat report, covering data from 75K+ mobile apps and $10B+ in revenue across 1B+ transactions, shows most apps fail to reach $1K/month after two years — If you’re frustrated by some of your favorite apps pestering you to sign up for a subscription, some new data may help you empathize with their developers more.

Starlink is now accessible across the White House campus, which was already served by fiber cable, after service was “donated”, as some cite security concerns (New York Times)

New York Times:
Starlink is now accessible across the White House campus, which was already served by fiber cable, after service was “donated”, as some cite security concerns — Trump administration officials said the company donated the internet service, saying the gift had been vetted …

San Francisco grants Waymo a temporary permit to map SFO roads with human-driven cars, paving the way for future commercial operations (Kirsten Korosec/TechCrunch)

Kirsten Korosec / TechCrunch:
San Francisco grants Waymo a temporary permit to map SFO roads with human-driven cars, paving the way for future commercial operations — Waymo has been given permission to map roadways at the San Francisco International Airport (SFO) via a temporary permit — the first step …

Sources: Cognition, maker of AI coding assistant Devin, raised hundreds of millions led by 8VC at a ~$4B valuation, doubling its $2B valuation from April 2024 (Bloomberg)

Bloomberg:
Sources: Cognition, maker of AI coding assistant Devin, raised hundreds of millions led by 8VC at a ~$4B valuation, doubling its $2B valuation from April 2024 — The new funding round is being led by 8VC, the Joe Lonsdale-backed venture capital firm, said the people, who asked not to be identified discussing private information.