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Jan 12 (Reuters) - Google:GOOGLE: APPLE AND GOOGLE ENTERED INTO A MULTI-YEAR DEAL; NEXT GENERATION OF APPLE FOUNDATION MODELS WILL BE BASED ON GOOGLE’S GEMINI MODELSGOOGLE: APPLE DETERMINED THAT GOOGLE’S AI TECHNOLOGY PROVIDES THE MOST CAPABLE FOUNDATION FOR APPLE FOUNDATION MODELSGOOGLE : APPLE INTELLIGENCE WILL CONTINUE TO RUN ON APPLE DEVICES AND PRIVATE CLOUD COMPUTEGOOGLE: GEMINI MODELS WILL HELP POWER FUTURE APPLE INTELLIGENCE FEATURES, INCLUDING A MORE PERSONALIZED SIRI COMING THIS YEAR Source text: [here Further company coverage:
A coalition of women's groups and activists is urging Apple and Google to remove the social media platform X and its chatbot Grok from their app stores. They accuse the apps of generating illegal content that violates the companies' terms of service, particularly concerning sexually explicit and degrading images of women and children. The call for action follows scrutiny over Grok's content, leading to bans in Malaysia and Indonesia, and investigations in Europe and the UK. The American Federation of Teachers has also quit X over concerns about indecent images of children.
Lenovo is seeking partnerships with multiple large language models (LLMs) to enhance its devices and establish itself as a global AI player, according to CFO Winston Cheng. The company plans to integrate AI technology across its product range, including PCs and smartphones. Unlike Apple, which partners with only OpenAI and Google, Lenovo aims to collaborate with various LLM developers, including Humain, Mistral AI, Alibaba, and DeepSeek. Additionally, Lenovo is addressing rising memory chip prices by passing costs to customers and has partnered with Nvidia for AI cloud infrastructure.
U.S. stocks closed with the overall market continuing its strong performance, with all three major indices advancing together. The Dow Jones Industrial Average and the S&P 500 Index reached new historical highs, with the automotive retailers and engineering machinery sectors performing prominently, as AutoZone and Caterpillar rose by 2.98% and 1.97%, respectively. The Federal Reserve kept interest rates unchanged, and macroeconomic indicators show strong economic resilience, but caution is needed regarding potential volatility risks in the future
Although foreign exchange fluctuations are unfavorable, Netflix's revenue in the fourth quarter still exceeded expectations with a year-on-year increase of nearly 18% due to stronger-than-expected growth in paid users and advertising sales. By the end of the year, the number of subscription users surpassed 325 million, an increase of nearly 8% year-on-year. The profit guidance for the first quarter fell far short of expectations, with the EPS guidance more than 7% lower than analysts' expectations, and the full-year operating profit margin below expectations. Netflix stated that the full-year guidance includes approximately $275 million in acquisition-related expenses and plans to increase spending on film and television content by 10% for the year; it is expected to continue raising prices this year, with total advertising revenue doubling from last year to $3 billion
