Tech Brew Ride Home

Thu. 08/01 – Now Meta’s AI Spending Is Fine?

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So I guess Zuck has convinced Wall Street that all the capex spending on AI is fine. How good a business is Tether? A gooooood business. The first arrival of Apple Intelligence is sort of a ho-hum for now. And how sports is completely transforming the streaming wars battlefield.

Links:

  • Meta’s Lesson in Allaying Wall Street’s A.I. Fears (Dealbook/NYT)
  • Meta’s AI Costs Surge as Digital Advertising Revenue Grows (WSJ)
  • Reddit CEO says Microsoft needs to pay to search the site (The Verge)
  • Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany's (CoinDesk)
  • A first look at Apple Intelligence and its (slightly) smarter Siri (The Verge)
  • Disney, Fox and Warner Bros. Discovery’s Sports Streamer Venu to Launch at $42.99 per Month (Variety)
  • How the NBA’s Slam-Dunk Deals Will Reshape TV (The Hollywood Reporter)

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