Tech
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X Is Worth 72% Less Than the $44 Billion Elon Musk Paid for It, Despite 32% Rebound in Share Valuation
The platform is worth $12.32 billion after Fidelity recently marked up X’s valuation
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OpenAI Considers Ads, Wants to Be ‘Thoughtful’ About Serving Them With Chat Responses
CFO Sarah Friar says the AI company is looking at bolstering its sales by introducing advertisements to its products
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Alexis Ohanian, Reddit Co-Founder, Has Thyroid Partially Removed After Cancer Scare
“To my fellow, men — make those doctor’s appointments — especially if y’all are dads,” writes the tech entrepreneur, who is married to Serena Williams
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How Prime Video Is Capitalizing on AI to Drive Engagement | Exclusive
“Everything we do around content, discovery and personalization is AI-driven and that’s the core of our service,” the streamer’s product VP Adam Gray tells TheWrap
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Tech
Available to WrapPRO members
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Universities Are Woefully Under-Resourced For AI Research. They’re Fighting To Change That. | Commentary
Stanford University has 300 GPUs. Microsoft will have 1.8 million. Here’s what’s needed to make academia relevant in AI research.
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Tech
Available to WrapPRO members
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Amazon Pours Another $4 Billion Into Anthropic AI
The new investment brings Amazon’s total stake to $8 billion, with Anthropic now using Amazon Web Services as its “primary training partner”
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Threads Newsfeed Will Prioritize Showing Accounts Users Follow Instead of Recommended Content
Instagram head Adam Mosseri tells creators that the change is a “work in progress”
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Jeff Bezos Fires Back at Elon Musk’s Claim He Thought Trump Would Lose: ‘100% Not True’
Musk on Wednesday said the Amazon founder was “telling everyone” to sell their SpaceX and Tesla stock
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US Regulators Call for Google to Sell Off Chrome Browser
Google says the Department of Justice’s “radical” proposal would stifle its business and hurt consumers
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Netflix, Meta Sued Over Anticompetitive Streaming Agreement That Led to End of Facebook Watch
The suit argues that the deal between Reed Hastings and Mark Zuckerberg “decreased consumer choices” while “at the same time increasing consumer costs”
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Department of Justice to Compel Google to Sell Chrome, Bloomberg Reports
Google recently said selling off Chrome would “break” the popular web browser
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ESPN Testing Generative AI Avatar FACTS to Break Down Complex Analytics for Fans
The technology, which is in the research and development phase, is being tested with SEC Nation
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Bluesky Hits Top of Apple App Store as Users Seek X Alternative
Users ditching X because of owner Elon Musk’s support for Donald Trump have helped Bluesky’s daily user count increase 62% post-election
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Trump Bump: Threads Enjoys Post-Election User Increase – Along With Elon Musk’s X
In the U.S., Meta’s platform has had a 7% daily user increase, while X is up 5%
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Threads Will Start Showing Ads in Early 2025 | Report
Meta plans on monetizing the X-like app after it hit 275 million monthly users in Q3, according to The Information