Author: IQ TIMES MEDIA
The Equity crew was live at TechCrunch Disrupt 2025! Hosts Kirsten Korosec, Max Zeff, and Anthony Ha took over the Builders Stage on Monday morning to kick off the event with the question everyone’s asking: are we in an AI bubble? Between valuations that have tripled in months, $300M seed rounds, and $100B commitments flying around, the money is moving fast — maybe too fast. The Equity team broke down what peak bubble looks like, where the actual business models are (spoiler: a lot of companies are betting on AI data centers), and why some founders are betting against the…
Amazon’s cloud infrastructure service, Amazon Web Services (AWS), is on track to record its strongest year of growth in three years, fueled by the AI industry’s unprecedented demand for computing power. AWS is growing 20% year-over-year and ended the third quarter with $33.1 billion in sales through the first nine months of the year, Amazon announced in its third-quarter earnings release on Thursday. The business segment’s operating income increased to $11.4 billion in Q3, up from $10.4 billion at the same point in 2024. “AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy…
When Ashley Trent picks up the phone at her job as a housing assistance navigator, she often hears someone in a similar situation to her own on the other line. As she helps people in Bloomington, Illinois, without stable housing find somewhere safe to live, the back of her own mind buzzes with thoughts about which bills she will have to skip out on to buy food for her own family next month.”I’m on the phone with somebody that’s in the same boat as I am,” she said. “It’s not like they’re doing so much worse than me. A lot…
AI search startup Perplexity has signed a multi-year licensing deal with Getty Images, which gives it permission to display images from Getty across its AI-powered search and discovery tools. The deal marks a notable shift for the company, which has been hit by allegations of content scraping and plagiarism, and signals an effort to establish more formal content partnerships. Perplexity and Getty have been working together for more than a year, a source familiar with the deal told TechCrunch. Though it was never announced, Getty was part of Perplexity’s Publishers’ Program, a plan to share ad revenue with publishers when…
Apple is predicting a whole lot of iPhones will be beneath Christmas trees this year. CEO Tim Cook said he expects record iPhone sales — and Apple’s biggest quarter in history by revenue — for the holiday quarter.”We are incredibly excited about the strength we’re seeing across our products and services, and we expect the December quarter’s revenue to be the best ever for the company and the best ever for iPhone,” Cook said on Apple’s fourth-quarter fiscal 2025 earnings call on Thursday.The recent launch of the iPhone 17 lineup and iPhone Air will help drive overall revenue growth that…
Apple CEO Tim Cook signaled to investors the company is still open to acquisitions and partnerships to move things forward on the AI front. The comments were made this week during the company’s Q4 2025 earnings call. The exec also offered a brief update about Apple’s next-generation, AI-powered Siri, saying the service was still on track to launch in 2026. “We’re making good progress on it, and as we’ve shared, we expect to release it next year,” Cook said during his opening remarks. One analyst on the call also asked Cook if Apple was still pursuing a three-pronged approach when…
A Disney blackout on YouTube TV has left subscribers unable to watch content from Disney networks, including ESPN, ABC, Disney Channel, FX, National Geographic, and Freeform.YouTube TV subscribers also aren’t able to access Disney content that they had added to their libraries on the platform.Popular shows across Disney channels include “Abbott Elementary” and ESPN’s coverage of the NFL, NBA, and college sports.YouTube and Disney failed to reach a new carriage agreement by a Thursday deadline.A Disney spokesperson said that YouTube’s parent company Google had refused to pay fair rates for its channels.”With a $3 trillion market cap, Google is using…
Adam, one of the most viral startups in Y Combinator’s Winter 2025 batch, has raised a $4.1 million seed round to power its next steps, TechCrunch learned exclusively. After generating over 10 million social media impressions with the launch of its text-to-3D model app, the AI startup had its pick of investors. “We were getting term sheets over email without any meetings,” said CEO Zach Dive (on the right in the picture above). Adam quickly went with TQ Ventures as its lead investor because they agreed on the future of computer-aided design (CAD). Just as importantly, they also agreed on…
MADISON, Wis. (AP) — Wisconsin became the 36th state to limit cellphones and other electronic devices in school Friday, when its Democratic governor signed a bill requiring districts to prohibit phone use during class time.The measure passed with bipartisan support, though some Democrats in the Legislature said controlling gun violence should be a higher priority than banning cellphones. In signing the bill, Democratic Gov. Tony Evers said he believes that decisions like this should be made at the local level, but “my promise to the people of Wisconsin is to always do what’s best for our kids, and that obligation…
By Julie SteenhuysenCHICAGO (Reuters) -The American Academy of Pediatrics on Friday said it does not recommend the routine use of leucovorin – a form of vitamin B9 – in children with autism, citing a lack of evidence on the treatment’s benefits and risks to support widespread use in this population.The announcement follows a flood of demand from parents eager to try the treatment after U.S. health officials touted the decades-old drug in a White House press conference on September 22 that focused on autism causes and treatments.The generic drug, originally developed by GSK, is a form of folinic acid currently…