Tech
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Video Game Industry Sees $7.8 Billion Boost Thanks to AI and Blockchain, DDM Games Reports
This marks the largest quarter since 2023
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OpenAI Ditches For-Profit Ambitions After Elon Musk Rips Sam Altman Over Plan
Altman says making the ChatGPT company into a public benefit corporation will help it make “rapid, safe progress”
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Jeff Bezos to Sell $4.8 Billion in Amazon Stock
The world’s second-richest man plans on selling up to 25 million shares in the company he founded over the next year
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Apple’s $95 Billion Sales Quarter Tops Estimates as Tech Giant Warns Tariffs Would Add $900 Million to Costs
The world’s most valuable company reports record revenue of nearly $27 billion for its sector that includes Apple TV+ and Apple Music
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Tech
Available to WrapPRO members
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Mark Zuckerberg: If You Need a Therapist, Try Meta’s AI Bot
The Facebook boss says users are already turning to artificial intelligence for relationship and work advice
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Tesla Chair Refutes Reports Company Is Looking to Replace Elon Musk
“The CEO of Tesla is Elon Musk and the board is highly confident in his ability to continue executing on the exciting growth plan ahead,” Robyn Denholm says
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Meta’s First Quarter Profit Soars 35%, Posts Second-Best Revenue Ever
The parent company of Facebook and Instagram says it will spend up to $72 billion this year as it doubles down on AI spending
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Meta Launches Standalone AI App That Will Learn ‘A Whole Lot About You’ Through Voice Conversations, Meta Glasses
Mark Zuckerberg calls it “the beginning of what’s going to be a long journey” to build a host of new AI-powered devices
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Trump Says Jeff Bezos ‘Solved the Problem Very Quickly’ After He Complained About Amazon Tariff Disclaimer
The president says the tech billionaire is a “good guy” after he called to vent about a plan to highlight price increases
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Amazon Insists It Isn’t Listing Tariff Price Hikes After Trump Administration Rips ‘Hostile’ Company
The tech giant pushes back on a report that led to a scathing takedown from White House Press Secretary Karoline Leavitt
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Spotify’s Push Into Videos, Podcasts Sees Traction, With 12% Gain in Subscribers in First Quarter
The Stockholm-based streaming giant missed analysts’ expectations on operating profit, however, reporting $545 million
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Tech
Available to WrapPRO members
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Big Tech’s Bear Market: 3 Things to Watch After $2.7 Trillion in Value Is Erased
Tech giants like Apple and Meta are set to report their first quarter earnings amid slumping stock prices and business uncertainty brought about by President Trump’s tariffs
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Tech
Available to WrapPRO members
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Alphabet Profit Soars 46% in First Quarter to $34.5 Billion, Helped by AI-Assisted Search, YouTube Ads
The video platform’s ad revenue grew 10% year-over-year
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Tech
Available to WrapPRO members
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Mark Zuckerberg’s Censorship Rules Were ‘Adjusted Hastily,’ Meta Oversight Board Says
The Oversight Board says Meta should investigate how its new “hateful conduct” policy may adversely impact the rights of LGBTQIA+ people
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YouTube Celebrates 20 Billion Videos Uploaded for 20th Anniversary
The first-ever YouTube video — co-founder Jawed Karim’s “Me at the Zoo” — has been viewed more than 355 million times since 2005
