Foxconn reported a better-than-expected quarterly profit of $778.54M for Q2, up 34% YoY, on revenue of $38B, says revenue from smartphones dropped ~15% YoY — TAIPEI (Reuters) - Foxconn, the world's largest contract electronics manufacturer (2317.TW), reported a better-than-expected quarterly profit …
OpenAI calls DeepSeek "state-controlled" and recommends that the US consider banning "PRC-produced" models that "violate user privacy and create security risks" (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
OpenAI calls DeepSeek “state-controlled” and recommends thatThe GOP's Jim Jordan subpoenas Apple, Amazon, Meta, Microsoft, Nvidia, OpenAI, and 10 others over alleged Biden pressure to use AI to "censor lawful speech" (Tina Nguyen/The Verge)
Tina Nguyen / The Verge:
The GOP's Jim Jordan subpoenas Apple, Amazon, Meta, Microsoft,Some early users of Manus say the agentic AI is no panacea, with long waits, errors, unsatisfying answers, and endless loops often plaguing the experience (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
Some early users of Manus say the agentic AI is no panacea, Adobe: traffic from AI sources to US retail sites in February rose 1,200% from July 2024; 39% of US consumers used generative AI for shopping, 53% plan to do so (Mike Pastore/Search Engine Land)
Mike Pastore / Search Engine Land:
Adobe: traffic from AI sources to US retail sites inSources: the FTC moves ahead with an antitrust probe of Microsoft opened by Lina Khan, signaling that new Chair Andrew Ferguson prioritizes Big Tech scrutiny (Bloomberg)
Bloomberg:
Sources: the FTC moves ahead with an antitrust probe of Microsoft opened by As Spotify pushes its new video monetization program, sexually explicit videos have appeared on its top podcast charts, violating the company's terms of use (Ashley Carman/Bloomberg)
Ashley Carman / Bloomberg:
As Spotify pushes its new video monetization program, sexual
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