Figma’s IPO price hit a $19.3B valuation out of the gate
In what should be a surprise to no one, Figma priced its IPO shares above its already increased previously announced range.
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Zuckerberg says people without AI glasses will be at a disadvantage in the future
Mark Zuckerberg really believes AI glasses will be the ideal way to blend the physical and digital worlds together.
All of your international packages are about to get more expensive
President Donald Trump signed an executive order on Wednesday that will suspend the de minimis exemption — which allows packages with goods valued less than $800 to enter the US duty-free — for all countries. Earlier this year, Trump ended the de minimis exemption for goods from China and Hong Kong. The White House says […]
Meta to spend up to $72B on AI infrastructure in 2025 as compute arms race escalates
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than double its spend on building AI infrastructure – like data centers and servers.
“We currently expect 2025 capital expenditures, including principal payments on finance leases, to be in the range of $66-72 billion…up approximately $30 billion year-over-year at the midpoint,” Meta said.
Culture, Entertainment, Features, internet culture, Music, Privacy, Report, Spotify, Tech, Tech News
Spotify’s terrible privacy settings just leaked Palmer Luckey’s bops and bangers
Have you ever wondered what bops powerful figures are listening to on Spotify? You’d be amazed what you can get with a profile search – but just in case you want them all in one place, there’s the Panama Playlists, a newly published collection of data on the musical listening habits of politicians, journalists, and […]
Google proposes to open Play Store to more real-money games in India
The developers are also required to submit proof that an authoritative third-party body has declared the app to be a “game of skill,” the company proposed.
Big Tech to work with Trump administration to build digital health ecosystem
The efforts will focus on two areas: creating a framework for patients and providers to easily share information, and creating more personal tools so patients can access resources needed to stay informed about their health.
Microsoft reports strong cloud earnings, with Windows and Xbox up too
Microsoft just posted the fourth and final quarter of its 2025 fiscal financial results. The software maker made $76.4 billion in revenue and a net income of $27.2 billion during Q4. Revenue is up 18 percent, and net income has increased by 24 percent. Like clockwork, cloud services are the strong point of Microsoft’s revenue this quarter. […]