Disney steps between OpenAI and Google

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Tech Across the Globe

Musk’s X sales improve: Revenue at the company formerly known as Twitter jumped 17% to $752 million in the September quarter, suggesting it may be stabilizing after several turbulent years.

Tether wants Juventus: The crypto firm has made an all-cash offer to buy Exor NV’s majority holding of Juventus Football Club, valuing the team at about $1.3 billion. That’s roughly a 21% premium to Juventus’s closing share price in Milan on Friday.

Asahi’s cyber headaches: The Japanese beer maker is adopting what CEO Atsushi Katsuki called a strict “zero-trust” approach — where the company assumes nobody inside its network is safe. That’s part of a broad rethinking of cybersecurity in the wake of a costly September ransomware attack.

Revalued

Intel is in advanced talks to purchase AI chipmaker SambaNova for $1.6 billion, a steep discount from the startup’s previous valuation. SambaNova was valued at $5 billion in 2021 in a $676 million funding round led by SoftBank’s Vision Fund 2.

Must Read

Disney has taken much different approaches to its fight against artificial intelligence technology usurping the images of its beloved characters, Austin Carr reports in today’s Tech In Depth. Last week, the entertainment company reached a licensing deal with OpenAI for the use of Disney characters. At the same time, it threatened Google with legal action if it didn’t stop using the characters without permission — and showed how advanced Google’s AI technology has become, Carr writes.

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This Week in Soundbite

Financial Audit has been rising to the top of the podcast charts, particularly on Google’s YouTube, Ashley Carman writes in this week’s Soundbite. As the online video service replaces daytime TV, upstart talk shows like Financial Audit are filling the void, and Caleb Hammer, the host and creator of the program, is building an entire media company from his show’s growing popularity, she writes.  

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