Tech
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Mark Zuckerberg, Tim Cook Were ‘Courting’ Donald Trump Before Election, NYT Reports
A handful of tech execs are looking to help their businesses by flattering the former president turned president-elect
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YouTube Drives 67 Million Hours of Election Viewership as Network Ratings Plunge
Prime time election viewing dropped 25% compared to 2020
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Elon Musk Fails to Get Ex-Twitter CEO’s Severance Pay Claim Dismissed
A judge rules that former execs can pursue claims against the X owner for axing them to avoid paying those benefits
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Trade War? Tariffs? How A Trump Election Would Change Tech
Breaking down how Trump might impact Apple, semiconductors, and ecommerce should he be elected and implement the tariffs he’s proposed.
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Tech
Available to WrapPRO members
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Apple’s Profit Drops 36% as Tech Giant Pays $10 Billion to Resolve European Tax Issue
Despite the one-time charge, the iPhone maker reported a Q4 record of $94.9 billion in sales
Available to WrapPRO members
Tech
Available to WrapPRO members
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Meta Posts Record $15.7 Billion Profit as Net Income Balloons 35% in Q3
CEO Mark Zuckerberg says the Facebook parent company will continue to invest in AI and virtual reality because the upside is “really big”
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Tech
Available to WrapPRO members
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Snapchat’s Stock Jumps 15% on Q3 Report, Share Buyback Plan
The pictures-and-video app now has 443 million daily active users
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YouTube Posts Second-Best Quarter Ever With $8.9 Billion in Sales
The Alphabet-owned platform credits AI with helping it better recommend videos to viewers
Available to WrapPRO members
TechAvailable to WrapPRO members
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Meta Builds AI Search Engine to Reduce Its Dependency on Google and Bing
Instagram and Facebook’s AI chatbot will scan the web for its own answers, The Information reports
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Four Truths About OpenAI’s Wild Financial Position
A peek inside OpenAI’s books shows a company losing money fast and coming up with novel profitability calculations. Is it sustainable?
Available to WrapPRO members
Tech
Available to WrapPRO members
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Meta Strikes AI Deal With Reuters
Facebook and Instagram will now include Reuters news in responses from its AI chatbot
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Disney Poised to Announce Major AI Initiative | Exclusive
The studio will focus the tech efforts on post-production and VFX
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Rich Get Richer: Elon Musk’s Net Worth Rockets $27 Billion Higher on Strong Tesla Earnings
The industrialist is now worth $270.4 billion, boosted by an electric quarter for his car company
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Netflix’s Ted Sarandos Says Disney CEO Job ‘Not Even on My Mind’
The streamer’s co-CEO says he hasn’t thought about replacing Bob Iger when the rival studio head leaves in 2026
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Julianne Moore, Kevin Bacon, Rosario Dawson Among 11,500 Creatives Who Warn of AI’s ‘Major, Unjust Threat’
“The unlicensed use of creative works for training generative AI … must not be permitted,” the group says in an open letter
