Ben Schoon / 9to5Google:
PayPal’s Honey extension for Chrome has lost ~4M users from its peak of 20M after a viral December 2024 YouTube video accused Honey of employing shady tactics — Late last year the popular Chrome extension Honey (owned by PayPal) was revealed for employing a few shady tactics …
Sources: in recent weeks, Meta executives including Mark Zuckerberg have pressed US trade officials to oppose an impending EU fine and cease-and-desist order (Wall Street Journal)
Wall Street Journal:
Sources: in recent weeks, Meta executives including Mark Zuckerberg have pressed US trade officials to oppose an impending EU fine and cease-and-desist order — Facebook owner presses trade officials to push back against European law that could undermine its ad business
Tinder unveils “The Game Game”, a free in-app voice-based game that invites users to flirt with AI chatbots powered by OpenAI’s GPT-4o and GPT-4o mini models (Natalie Lung/Bloomberg)
Natalie Lung / Bloomberg:
Tinder unveils “The Game Game”, a free in-app voice-based game that invites users to flirt with AI chatbots powered by OpenAI’s GPT-4o and GPT-4o mini models — Match Group Inc.’s Tinder unveiled an in-app game that invites users to flirt with artificially intelligent chatbots …
Current and former Google DeepMind scientists say a tougher vetting process and more bureaucracy at Google’s AI arm have made it harder to publish AI research (Financial Times)
Financial Times:
Current and former Google DeepMind scientists say a tougher vetting process and more bureaucracy at Google’s AI arm have made it harder to publish AI research — Google’s AI arm led by Demis Hassabis makes it harder for its researchers to publish studies in major change in approach
Sources: SoftBank is seeking a bridge loan of as much as $16.5B to help fund AI investments in the US; the loan may help SoftBank lead a $40B round in OpenAI (Bloomberg)
Bloomberg:
Sources: SoftBank is seeking a bridge loan of as much as $16.5B to help fund AI investments in the US; the loan may help SoftBank lead a $40B round in OpenAI — The bridge loan under discussion has a tenor of about 12 months, said the people, who asked not to be identified discussing private matters.
Sources: US Commerce Secretary Howard Lutnick signals withholding promised CHIPS Act grants as he pushes companies to substantially expand their US projects (Bloomberg)
Bloomberg:
Sources: US Commerce Secretary Howard Lutnick signals withholding promised CHIPS Act grants as he pushes companies to substantially expand their US projects — – Commerce chief wants expanded projects without more grants — Lutnick’s team suggested agency could scrap finalized awards
Microsoft has closed its IoT & AI Insider Lab in Shanghai, reflecting a broader pullback from China amid geopolitical tensions; the lab was opened in May 2019 (Wency Chen/South China Morning Post)
Wency Chen / South China Morning Post:
Microsoft has closed its IoT & AI Insider Lab in Shanghai, reflecting a broader pullback from China amid geopolitical tensions; the lab was opened in May 2019 — The IoT & AI Insider Lab in the Zhangjiang hi-tech zone likely closed in January or February, nearby workers say
Sources: TSMC’s recent $100B US investment pledge was merely an estimated price tag for existing long-term plans and reflects an intention rather than a promise (Kathrin Hille/Financial Times)
Kathrin Hille / Financial Times:
Sources: TSMC’s recent $100B US investment pledge was merely an estimated price tag for existing long-term plans and reflects an intention rather than a promise — Taiwanese chipmaker has said little about its plans and extent of reprieve from Washington’s pressure is unclear
Sources: CaaStle, a clothing inventory monetization platform that had raised $530M+, is almost broke and is accusing its founder of financial misconduct (Dan Primack/Axios)
Dan Primack / Axios:
Sources: CaaStle, a clothing inventory monetization platform that had raised $530M+, is almost broke and is accusing its founder of financial misconduct — Fashion technology company CaaStle is almost broke and is accusing its founder and former CEO Christine Hunsicker of financial misconduct, Axios has learned from multiple sources.
LightSource, whose software helps companies manage their procurement process, costs, and vendor relationships, raised $33M led by Bain Capital and Lightspeed (Lora Kolodny/CNBC)
Lora Kolodny / CNBC:
LightSource, whose software helps companies manage their procurement process, costs, and vendor relationships, raised $33M led by Bain Capital and Lightspeed — With President Donald Trump set to impose sweeping tariffs on a wide swath of U.S. trading partners this week, corporate America is awash in uncertainty.