Bloomberg : Tencent Music agrees to buy podcasting startup Ximalaya for $1.3B in cash, plus some stock, in a bid to become China's Sp...
Tencent Music agrees to buy podcasting startup Ximalaya for $1.3B in cash, plus some stock, in a bid to become China's Spotify; Ximalaya had 303M MAUs in 2023 — The company, a unit of WeChat-operator Tencent Holdings Ltd., will issue shares to its founders and other backers to help fund the acquisition, it said in a statement.
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Ofcom launches nine Online Safety Act investigations, including into 4chan over alleged illegal content and into seven file-sharing services over possible CSAM — Britain's media regulator Ofcom on Tuesday launched nine investigations over possible breaches of online safety laws …
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IBM plans to build IBM Quantum Starling, a “fault-tolerant” quantum computer with 20,000x the power of today's quantum computers, in New York state by 2029 — The powerhouse computers can be sensitive and error-prone. Now, IBM is offering some details on how it will overcome …
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The UK plans to launch an autonomous taxi trial in London in spring 2026, a year earlier than planned; Uber and Wayve will partner to operate the service — Britain tries to catch up in the race to adopt autonomous vehicles — The UK plans to bring a small number of driverless taxis …
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Top500: the US retains the top three supercomputers with El Capitan, Frontier, and Aurora; the US has 173 of the top 500 to Europe's 163 and China's 46 — The new TOP500 list of the world's most powerful supercomputers, released this morning at the ISC 2025 conference in Germany …
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LVMH says AI and AI agents will be key to navigating a broad slowdown and waning demand in luxury goods, and is using AI in supply chains, pricing, and more — The luxury conglomerate, whose brands include Tiffany, Dior and Celine, said AI will be key to both operational efficiency and better customer retention in a tougher market
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SAG-AFTRA reaches a tentative deal with Activision, EA, Epic, Take-Two, and other game companies on the Interactive Media Contract, after months of strikes — The video game actors' strike may soon come to an end. — The Screen Actors Guild-American Federation of Television and Radio Artists …
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UK retailer M&S begins accepting online orders again, seven weeks after disclosing a sustained cyberattack that cost it up to £300M in this financial year — Retailer says it will take ‘weeks’ to restore some online services as fashion ranges return
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WPP Media expects ad revenue from user-generated content and platforms like YouTube and TikTok to surpass that from traditional media for the first time in 2025 — User-generated material to surpass advertising income from professional media amid change in viewing habits
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Sources: Mark Zuckerberg, frustrated at Meta's AI shortfalls, is personally assembling a team of AI experts and met engineers at his homes in recent weeks — Zuckerberg has prioritized recruiting for the secretive new team, referred to internally as a superintelligence group, according to people familiar with his plans.
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