OWITH.ai - Only What's Important to Hear around AI and Tech

Tech News and Trends: From Broadcom's Potential Acquisition of Intel to the Decline of Diversified Conglomerates


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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Broadcom is considering acquiring some of Intel's businesses, including the chip design and marketing divisions. If successful, this could mean the end of Intel as we know it. Meanwhile, Chinese AI startup DeepSeek has disappeared from South Korea's app stores due to concerns about its data handling practices. In Europe, tech regulation is slightly easing, with the EU withdrawing a proposed directive on civil liability for AI. The US is following a deregulatory push, but Europe's changes are more about competitiveness and reducing bureaucracy. Other news includes Match Group using AI to encourage appropriate communication on dating apps, Dogecoin replacing federal IT workers, Tencent testing DeepSeek in its messaging app, and Apple preparing AI features for its pricey headset. Additionally, there are concerns about tech unicorns not going public or being acquired, customs issues for US crypto miners, and lawmakers targeting algorithmic discrimination in the US. Palantir executives also point out that Silicon Valley has lost its drive to solve national priority issues.Moving on to a different topic, Geoff Colvin discusses the recent decision by Honeywell to break itself up into three separate entities, marking the decline of once-popular diversified conglomerates. Diversified conglomerates were a niche business structure that gained popularity in the 1960s but ultimately failed to deliver on their promises of smooth growth and investor premium. Companies like GE perpetuated the conglomerate mystique for decades. However, recent trends show a shift away from conglomerates, with companies like GE, Alcoa, United Technologies, and Danaher breaking themselves up. Even Warren Buffett's Berkshire Hathaway has been successful due to Buffett's genius leadership. Palantir executives have criticized Silicon Valley for prioritizing social media platforms and food delivery apps over addressing national and societal issues. Additionally, a JPMorgan Chase employee was fired after speaking out against the bank's return-to-office mandate before being allowed to stay. The OpenAI whistleblower's death was ruled a suicide by the San Francisco police and medical examiners. The market closed flat on Friday, with analysts offering insights on tariffs, trade conflicts, and Apple's AI potential. Europe's former ECB president believes Europe is sabotaging its economy more than US tariffs could. Jellycat's plush toy sales have surged, a Canadian flag maker has seen increased sales amid tensions with the US, and Warren Buffett's Berkshire Hathaway may be preparing for social gatherings with pizza and wine.

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OWITH.ai - Only What's Important to Hear around AI and TechBy owith