Evelyn Cheng / CNBC:
Baidu reports Q3 revenue down 3% YoY to $4.78B, net income up 14% YoY to $1.09B, and online marketing revenue up 12% YoY to $1.1B, driven by AI cloud business — BEIJING — Chinese tech giant Baidu on Thursday posted a 3% annual drop in third-quarter revenue, nevertheless beating market expectations amid AI cloud growth.
Q&A with Palo Alto Networks CEO Nikesh Arora about the role of the tech industry in Trump’s administration, AI, the future of cybersecurity, and more (Reed Albergotti/Semafor)
Reed Albergotti / Semafor:
Q&A with Palo Alto Networks CEO Nikesh Arora about the role of the tech industry in Trump’s administration, AI, the future of cybersecurity, and more — The Scene — While Palo Alto Networks CEO Nikesh Arora and his firm are more under the radar than Silicon Valley’s consumer companies …
Four former Google executives say innovation by rivals is key to breaking Google Search’s dominance, and ChatGPT-like tools will one day supplant Google Search (Paresh Dave/Wired)
Paresh Dave / Wired:
Four former Google executives say innovation by rivals is key to breaking Google Search’s dominance, and ChatGPT-like tools will one day supplant Google Search — Despite shared concerns about Google’s power, critics of the company and former executives express little agreement on what …
London-based Lighthouse, which offers tools to help hotels analyze market demand and rates, raised a ~$370M Series C led by KKR, sources say at a $1B+ valuation (Swetha Gopinath/Bloomberg)
Swetha Gopinath / Bloomberg:
London-based Lighthouse, which offers tools to help hotels analyze market demand and rates, raised a ~$370M Series C led by KKR, sources say at a $1B+ valuation — Lighthouse, a startup that helps hotels analyze market demand and rates, has raised about $370 million in a funding round led by private equity firm KKR & Co.
Google says the US DOJ’s “wildly overbroad proposal goes miles beyond the Court’s decision”, would hurt US consumers and jeopardize US’ global tech leadership (Kent Walker/The Keyword)
Kent Walker / The Keyword:
Google says the US DOJ’s “wildly overbroad proposal goes miles beyond the Court’s decision”, would hurt US consumers and jeopardize US’ global tech leadership — President, Global Affairs & Chief Legal Officer, Google & Alphabet — As part of its lawsuit over how we distribute Search …
A look at biometric ID company Clear, as it works to expand its face-based line-cutting service at retailers, banks, doctor’s offices, and other places (Eileen Guo/MIT Technology Review)
Eileen Guo / MIT Technology Review:
A look at biometric ID company Clear, as it works to expand its face-based line-cutting service at retailers, banks, doctor’s offices, and other places — If you’ve ever been through a large US airport, you’re probably at least vaguely aware of Clear. Maybe your interest (or irritation) …
Jensen Huang says “foundation model pretraining scaling is intact” and models like OpenAI’s o1 could play a larger role in Nvidia’s business moving forward (Maxwell Zeff/TechCrunch)
Maxwell Zeff / TechCrunch:
Jensen Huang says “foundation model pretraining scaling is intact” and models like OpenAI’s o1 could play a larger role in Nvidia’s business moving forward — Nvidia raked in more than $19 billion in net income during the last quarter, the company reported on Wednesday …
A look at OpenScholar, an LLM for scientific research built by the Allen Institute for AI and the University of Washington that outperforms GPT-4o on accuracy (Michael Nuñez/VentureBeat)
Michael Nuñez / VentureBeat:
A look at OpenScholar, an LLM for scientific research built by the Allen Institute for AI and the University of Washington that outperforms GPT-4o on accuracy — Scientists are drowning in data. With millions of research papers published every year, even the most dedicated experts struggle …
Filing: DOJ asks judge to force Google to sell Chrome, restrict Android from favoring Google’s search engine, ban default search deals on iOS and other devices (Michael Liedtke/Associated Press)
Michael Liedtke / Associated Press:
Filing: DOJ asks judge to force Google to sell Chrome, restrict Android from favoring Google’s search engine, ban default search deals on iOS and other devices — U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through …
Filing: the US DOJ’s proposal requires Google to allow websites more ability to opt-out of its AI products and provide more ad placement controls to advertisers (Leah Nylen/Bloomberg)
Leah Nylen / Bloomberg:
Filing: the US DOJ’s proposal requires Google to allow websites more ability to opt-out of its AI products and provide more ad placement controls to advertisers — – Antitrust officials propose options in historic lawsuit — Google says government pushing ‘radical agenda’ beyond case
