July 2025 – 24news

Amazon CEO wants to put ads in your Alexa+ conversations

AI, alexa+, Amazon, earnings, Public / 24news

Andy Jassy’s description of an AI-generated ad that Alexa+ delivers in a multistep conversation, which could help users find new products, is uncharted territory for Amazon and the broader tech industry.

Amazon CEO wants to put ads in your Alexa+ conversations Read More »

Apple projects tariff costs will hit $1.1B next quarter

Apple, earnings, Government & Policy, Hardware, Public, Tariffs / 24news

While sales growth suggests fear of tariffs helped fuel sales, Cook downplayed the “pull forward” effect, noting that consumers were more motivated by the “strength of the product.”

Apple projects tariff costs will hit $1.1B next quarter Read More »

Reddit revenue soars as it bets on AI and advertising

AI, Public, Reddit, Social / 24news

Reddit reported its Q2 earnings, and it’s clear that its focus on AI has ramped up significantly.

Reddit revenue soars as it bets on AI and advertising Read More »

Apple has now sold 3 billion iPhones

Apple, Hardware, iPhone, Public / 24news

The rate of iPhone sales growth has accelerated too. This uptick in sales might be temporary, though.

Apple has now sold 3 billion iPhones Read More »

Apple plans to ‘significantly’ grow AI investments, Cook says

AI, Apple, Mergers and Acquisitions, Public / 24news

Apple is open to M&A to accelerate its AI strategy, and says it’s made seven acquisitions this year so far.

Apple plans to ‘significantly’ grow AI investments, Cook says Read More »

Iconiq’s Will Griffith explains how his firm celebrated Figma’s IPO and why investors sold shares

Figma, iconiq capital, IPOs 2025, Public, seed capital, TC, Venture / 24news

Will Griffith is a seed investor in Figma. Investors didn’t want to sell millions of shares. He explains why they did it anyway.

Iconiq’s Will Griffith explains how his firm celebrated Figma’s IPO and why investors sold shares Read More »

Enterprises prefer Anthropic’s AI models over anyone else’s, including OpenAI’s

AI, Anthropic, Enterprise, large language models, menlo ventures, Meta, OpenAI, Public, TC / 24news

Anthropic holds 32% of enterprise LLM market share by usage. This is a sharp reversal from just two years ago when OpenAI held 50%.

Enterprises prefer Anthropic’s AI models over anyone else’s, including OpenAI’s Read More »

Twitter’s former Trust and Safety head details the challenges facing decentralized social platforms

Apps, Bluesky, fediverse, moderation, Online Saftey, Public, Social, TC, Twitter / 24news

Yoel Roth shares concerns about the open social web’s ability to combat misinformation, spam, and other illegal content.

Twitter’s former Trust and Safety head details the challenges facing decentralized social platforms Read More »

Figma’s stock soars in its highly anticipated IPO, market cap instantly hits $45B

Figma, IPOs, IPOs 2025, Public, Startups / 24news

There has been so much demand for this stock that people on X are posting funny pictures of their orders being fulfilled.

Figma’s stock soars in its highly anticipated IPO, market cap instantly hits $45B Read More »

Google loses appeal over app store overhaul in Epic Games case

antitrust litigation, Epic Games, Gaming, Google, Government & Policy, In Brief, Public / 24news

The court rejected Google’s argument that the trial judge made legal errors in the antitrust case that unfairly favored Epic Games.

Google loses appeal over app store overhaul in Epic Games case Read More »