Despite Netflix co-CEO Ted Sarandos’ efforts to woo the president last month, Trump said on Sunday that plans to combine the streamer with Warner Bros. “could be a problem.” Trump said that Netflix already has a “very big market share,” which will “go up by a lot” if the $83 billion buyout goes ahead.
WB has a checkered history of acquisitions, but joining forces with Netflix would elevate it to a new level of prominence.
Alex Karp — the CEO of Palantir, the not-a-surveillance company put forward by Elon Musk’s DOGE to supply the US government with software that allows ICE to track immigrants — is very offended that anyone would suggest he is running a surveillance company.
Also, please “speak up” because “everyone” who thinks he’s a fascist is speaking up, said Karp, who famously wrote a dissertation on the rhetoric of fascism. I wonder why he’s so sensitive!
Multiple sales teams lowered how much salespeople are expected to grow annual sales of Foundry and other AI products, reports The Information, citing sources who called the move “rare.”
Even as its overall cloud business has boomed, the report says that over 80 percent of one US Azure sales team failed to grow Foundry sales by the “ambitious” 50 percent target last year, so in July, the company lowered this year’s goal to 25 percent.
Update: CNBC reports that an unnamed spokesperson denied the report, saying Microsoft has not lowered quotas or targets for its salespeople.
The Italian software company just announced billion-dollar deals to purchase AOL and Vimeo, and now it has reached an agreement to acquire Eventbrite for $500 million. Bending Spoons has added several other digital businesses to its portfolio in recent years, including Evernote, Meetup, Filmic, WeTransfer, and TapeACall.
Along with pro-AI, pro-pollution, and pro-surveillance plans, the spending bill signed in July introduced investment accounts for children with $1,000 contributed for US citizens born from 2025 through 2028. Today, Michael and Susan Dell announced they would also contribute:
Through our charitable funds, we are thrilled to be contributing $6.25 billion to seed 25 million additional accounts with $250 each. These deposits will reach the accounts of most children age 10 and under who were born prior to the qualifying date for the federal newborn contribution. Children older than 10 may benefit, too, if funds remain available after initial sign-ups.
IBM was early, you might argue too early, to AI. Now, CEO Arvind Krishna thinks big bets like Watsonx and quantum computing will start to pay off.