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Podcast: Tech Brew Ride Home
Episode: Thu. 08/01 – Now Meta’s AI Spending Is Fine?
Description: So I guess Zuck has convinced Wall Street that all the capex spending on AI is fine. How good a business is Tether? A gooooood business. The first arrival of Apple Intelligence is sort of a ho-hum for now. And how sports is completely transforming the streaming wars battlefield.Links:Meta’s Lesson in Allaying Wall Street’s A.I. Fears (Dealbook/NYT)Meta’s AI Costs Surge as Digital Advertising Revenue Grows (WSJ)Reddit CEO says Microsoft needs to pay to search the site (The Verge)Tether Nets $5B Profits This Year, Says Its US Debt Hold...