EA’s December quarter was weak as Dragon Age and soccer missed forecasts
Source: Venture Beat Electronic Arts reported weak earnings today for the holiday quarter, with results in line with the poor quarter that EA preannounced. Read Full Article
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Coinbase Legal Chief To Defend Crypto In High-Stakes Hearing
Source: Bitcoinist Paul Grewal, the Chief Legal Officer of Coinbase, is scheduled to testify at a critical Senate hearing with a focus on “Operation Chokepoint 2.0.” The Senate Banking Committee has convened this hearing to examine allegations that regulatory agencies are deliberately limiting the access of crypto firms to banking services. Grewal, a fervent proponent…
Bitcoin block size could grow to 4 MB with inscriptions: Research
Source: Coin Tegraph Block sizes have increased steadily since Bitcoin’s Taproot upgrade, but they have more room to grow, according to Mempool Research. Read Full Article
Stock market today: Bajaj Finance, M&M, UPL among stocks that hit 52-week high on BSE | Stock Market News
Source: Live Mint Stock market today: The Indian stock market benchmarks, Sensex and Nifty 50, made a notable recovery, each rising by over 1 per cent, on Tuesday, February 4. This positive shift occurred despite ongoing worries regarding disappointing quarterly earnings, capital outflows from foreign investors, and uncertainties related to U.S. trade policies under President…
Google expects to spend $75 billion this year on the AI race
Source: The Verge Google parent company Alphabet expects to invest “approximately $75 billion” in capital expenditures in 2025, according to a statement from CEO Sundar Pichai in Alphabet’s Q4 2024 earnings release. Capital expenditures have become a hot topic as of late as big tech companies race to build infrastructure to support their growing AI…
AMD’s Q4 revenue hits $7.66B, up 24% but stock falls
Source: Venture Beat Advanced Micro Devices reported revenue of $7.658 billion for the fourth quarter, up 24% from a year ago. Read Full Article
Republicans announce formation of bicameral crypto working group
Source: Coin Tegraph The working group involving four congressional committees will be separate from one studying a Bitcoin reserve under Donald Trump’s executive orders. Read Full Article
Turmoil at OpenAI: what’s next for the creator of ChatGPT?
Source: The Verge The world’s hottest AI company went through three CEOs in under a week and ended up with the same one it had at the start — so what happened, and what’s next? On November 17th, 2023, OpenAI’s nonprofit board abruptly announced that co-founder and CEO Sam Altman was out. The shake-up came…
OmniHuman: ByteDance’s new AI creates realistic videos from a single photo
Source: Venture Beat ByteDance’s new OmniHuman AI can turn a single photo into a realistic video of a person speaking, singing and moving naturally, trained on 18,700 hours of human motion data. Read Full Article
Nomad’s new USB-C cable can charge your iPhone and Apple Watch at the same time
Source: The Verge Nomad has announced a new USB-C cable designed to charge multiple devices simultaneously. Instead of copying Anker’s homework and releasing a charging cable with dual USB-C connectors on one end, Nomad’s new Universal Cable for Apple Watch features an inline charging puck for Apple’s smartwatch on one end. It seems ideal for…