While the new offer is 10 times larger than a proposal that was reported earlier, the government is still striving to sweeten the deal to get a "fair" commitment.
"From the government's perspective, of course, we want this investment to be larger," industry ministry spokesperson Febri Hendri Antoni Arif told state media on Thursday.
He said that a larger investment would help the development of Indonesia's manufacturing sector, adding that its domestic industry was capable of supporting production of Apple devices such as chargers and accessories.
While Indonesia represents a small market for Apple, it also offers growth opportunities as it has the world's fourth-largest population, according to Le Xuan Chiew, a Canalys analyst focusing on Apple strategy research.
"Its young, tech-savvy population with growing digital literacy aligns with Apple's strategy to expand [global sales]," he said, noting that it also offers potential for manufacturing and assembly that supports Apple's efforts to diversify its supply chain.
Success in this market requires a long-term approach, and Apple's investment offer demonstrates a commitment to complying with local regulations and paving the way for future growth, he added.
"We are seeing good progress serving mid-market customers in MailChimp, but are seeing higher churn from smaller customers," Sandeep Aujla, Intuit's finance chief, said on a conference call with analysts. "We are addressing this by making product enhancements and driving feature discoverability and adoption to improve first-time use and customer retention."
Better outcomes are a few quarters away, Aujla said.
CreditKarma revenue came in at $524 million, above StreetAccount's $430 million consensus.
At Thursday's close, Intuit shares were up about 9% so far in 2024, while the S&P 500 has gained almost 25% in the same period.
On Tuesday Intuit shares slipped 5% after The Washington Post said President-elect Donald Trump's proposed "Department of Government Efficiency" had discussed developing a mobile app for federal income tax filing. But a mobile app for submitting returns from Intuit is "already available to all Americans," CEO Sasan Goodarzi told CNBC's Jon Fortt.
Goodarzi said on CNBC that he's personally communicating with leaders of the incoming presidential administration.
On the earnings call, Goodarzi sounded optimistic about the economy.
"Our belief, which is not baked into our guidance, is that we will see an improved environment as we look ahead in 2025, particularly just with some of the things that I mentioned earlier around just interest rates, jobs, the regulatory environment," he said. "These things have a real burden on businesses. And we believe that a better future is to come."
Bluesky was created in 2019 as an internal Twitter project during Jack Dorsey's second stint as CEO, and became an independent public benefit corporation in 2022. In May of this year, Dorsey said he is no longer a member of Bluesky's board.
"In 2019, Jack had a vision for something better for social media, and so that's why he chose me to build this, and we're really thankful for him for setting this up, and we've continued to carry this out," said Graber, who previously founded Happening, a social network focused on events. "We're building an open-source social network that anyone can take into their own hands and build on, and it's something that is radically different from anything that's been done in social media before. Nobody's been this open, this transparent and put this much control in the users hands."
Part of Bluesky's business plan involves offering subscriptions that would let users access special features, Graber noted. She also said that Bluesky will add more services for third-party coders as part of the startup's "developer ecosystem."
Graber said Bluesky has ruled out the possibility of letting advertisers send algorithmically recommended ads to users.
"There's a lot on the road map, and I'll tell you what we're not going to do for monetization," Graber said. "We're not going to build an algorithm that just shoves ads at you, locking users in. That's not our model."
Bluesky has previously experienced major growth spurts. In September, it added 2 million users following X's suspension in Brazil over content moderation policy violations in the country and related legal matters.
In October, Bluesky announced that it raised $15 million in a funding round led by Blockchain Capital. The company has raised a total of $36 million, according to Pitchbook.
Remedies should prevent Google from eliminating "emerging competitive threats through acquisitions, minority investments, or partnerships," the DOJ said, adding that they should run for 10 years.
"The proposed remedies are designed to end Google's unlawful practices and open up the market for rivals and new entrants to emerge," the filing said.
Search advertising accounted for $49.4 billion in revenue in Alphabet's third quarter, representing three-quarters of total ad sales in the period.
In addition to its call for Google to sell Chrome, the DOJ said forcing the search company to divest its Android mobile operating system would also assist in restoring competition, "but Plaintiffs recognize that such divestiture may draw significant objections from Google or other market participants."
Instead, the DOJ suggested that the other remedies should be enough to "blunt Google's ability to use its control of the Android ecosystem to favor its general search services," and if they "ultimately fail to achieve the high standards for meaningful relief in these critical markets, the Court could require return to" the Android divestiture suggestion.
In a blog post on Thursday, Kent Walker, Google's legal chief, called the DOJ's proposal an "overbroad proposal" that would impact privacy and artificial intelligence investments at a critical time.
Walker added that it "goes miles beyond the Court's decision" and "would break a range of Google products — even beyond Search."
Google has said it will appeal the monopoly ruling, which would draw out any final remedy decisions.
Musk is the world’s richest person with an estimated net worth of $316.2 billion, according to Forbes. Bezos is third on the outlet’s real-time billionaires list with a fortune of $217.4 billion. However, Bezos has been in the top spot several times over the years, most recently in March when he briefly overtook Musk.
Bezos and Musk are also rivals in the space race, where their respective aerospace companies, Blue Origin and SpaceX, compete in space travel and exploration. Amazon, with the help of Blue Origin, is also planning to launch a satellite broadband service, Project Kuiper, to compete with Musk’s Starlink.
OpenAI has also discussed powering artificial intelligence features on Samsung-made devices, a key business partner of Google, the Information report said, citing people who were briefed about the situation.
The company already has a partnership with Apple, whereby the iPhone maker’s “Apple Intelligence” features on new devices are powered using the technology from OpenAI.
The Information report, however, said OpenAI is not remotely close to launching a browser.
The investigators also revealed that 56% of the sliver foxes turn to the tech for help with completing daily tasks, like home automation and meal planning, while 46% use it to look up health-related information.
For friendship, 18% of old-timers cozy up with their computerized pals, and 64% with caregivers reported relying on their support less thanks to the fancy advancements.
“These findings show the potential of AI to empower seniors,” said analysts, “making them more self-sufficient and enhancing their independence.”
But the benefits of robotics don’t stop at improved autonomy.
A staggering 80% of the pensioners who use AI described their mental health as “excellent,” and 53% claimed that they “rarely” or almost “never” feel isolated with electronics at their fingertips.
“No matter how often they used AI, nearly half [of the respondents] have noticed its positive impact on their overall quality of life, and many were open to trying new technologies,” said the specialists.
“As AI continues to evolve, its potential to help seniors and caregivers will only grow,” the insiders added, “allowing older adults to stay healthier and more independent in a tech-driven world.”
The WFA did not immediately return a request for further comment.
Shortly after Paxton announced the WFA probe, Musk posted on X: “This is still a major problem.”
The House report cited evidence that included internal emails from GARM’s radical executive Robert Rakowitz, who appeared to brag X was “80% below revenue forecasts” after GARM targeted the social media app over brand safety issues.
In response to the revelations, Musk hit WFA, GARM and a handful of key advertisers with a federal antitrust lawsuit for allegedly organizing an ad boycott.
The boycott cost X “billions of dollars in advertising revenue,” according to the suit.
WFA and GARM have strenuously denied wrongdoing. However, GARM shut down in August, citing mounting legal costs of its fight against Musk.
In October, X announced that it had reached a settlement with one of the defendants, Unilever, which had plans for its brands to resume advertising on the platform.
The antitrust claims against the other defendants are still pending.
!summarize
While the new offer is 10 times larger than a proposal that was reported earlier, the government is still striving to sweeten the deal to get a "fair" commitment.
"From the government's perspective, of course, we want this investment to be larger," industry ministry spokesperson Febri Hendri Antoni Arif told state media on Thursday.
He said that a larger investment would help the development of Indonesia's manufacturing sector, adding that its domestic industry was capable of supporting production of Apple devices such as chargers and accessories.
!summarize
While Indonesia represents a small market for Apple, it also offers growth opportunities as it has the world's fourth-largest population, according to Le Xuan Chiew, a Canalys analyst focusing on Apple strategy research.
"Its young, tech-savvy population with growing digital literacy aligns with Apple's strategy to expand [global sales]," he said, noting that it also offers potential for manufacturing and assembly that supports Apple's efforts to diversify its supply chain.
Success in this market requires a long-term approach, and Apple's investment offer demonstrates a commitment to complying with local regulations and paving the way for future growth, he added.
!summarize
"We are seeing good progress serving mid-market customers in MailChimp, but are seeing higher churn from smaller customers," Sandeep Aujla, Intuit's finance chief, said on a conference call with analysts. "We are addressing this by making product enhancements and driving feature discoverability and adoption to improve first-time use and customer retention."
Better outcomes are a few quarters away, Aujla said.
CreditKarma revenue came in at $524 million, above StreetAccount's $430 million consensus.
!summarize
At Thursday's close, Intuit shares were up about 9% so far in 2024, while the S&P 500 has gained almost 25% in the same period.
On Tuesday Intuit shares slipped 5% after The Washington Post said President-elect Donald Trump's proposed "Department of Government Efficiency" had discussed developing a mobile app for federal income tax filing. But a mobile app for submitting returns from Intuit is "already available to all Americans," CEO Sasan Goodarzi told CNBC's Jon Fortt.
!summarize
Goodarzi said on CNBC that he's personally communicating with leaders of the incoming presidential administration.
On the earnings call, Goodarzi sounded optimistic about the economy.
"Our belief, which is not baked into our guidance, is that we will see an improved environment as we look ahead in 2025, particularly just with some of the things that I mentioned earlier around just interest rates, jobs, the regulatory environment," he said. "These things have a real burden on businesses. And we believe that a better future is to come."
!summarize
Bluesky was created in 2019 as an internal Twitter project during Jack Dorsey's second stint as CEO, and became an independent public benefit corporation in 2022. In May of this year, Dorsey said he is no longer a member of Bluesky's board.
"In 2019, Jack had a vision for something better for social media, and so that's why he chose me to build this, and we're really thankful for him for setting this up, and we've continued to carry this out," said Graber, who previously founded Happening, a social network focused on events. "We're building an open-source social network that anyone can take into their own hands and build on, and it's something that is radically different from anything that's been done in social media before. Nobody's been this open, this transparent and put this much control in the users hands."
!summarize
Part of Bluesky's business plan involves offering subscriptions that would let users access special features, Graber noted. She also said that Bluesky will add more services for third-party coders as part of the startup's "developer ecosystem."
Graber said Bluesky has ruled out the possibility of letting advertisers send algorithmically recommended ads to users.
"There's a lot on the road map, and I'll tell you what we're not going to do for monetization," Graber said. "We're not going to build an algorithm that just shoves ads at you, locking users in. That's not our model."
!summarize
Bluesky has previously experienced major growth spurts. In September, it added 2 million users following X's suspension in Brazil over content moderation policy violations in the country and related legal matters.
In October, Bluesky announced that it raised $15 million in a funding round led by Blockchain Capital. The company has raised a total of $36 million, according to Pitchbook.
!summarize
!summarize
Remedies should prevent Google from eliminating "emerging competitive threats through acquisitions, minority investments, or partnerships," the DOJ said, adding that they should run for 10 years.
"The proposed remedies are designed to end Google's unlawful practices and open up the market for rivals and new entrants to emerge," the filing said.
Search advertising accounted for $49.4 billion in revenue in Alphabet's third quarter, representing three-quarters of total ad sales in the period.
!summarize
In addition to its call for Google to sell Chrome, the DOJ said forcing the search company to divest its Android mobile operating system would also assist in restoring competition, "but Plaintiffs recognize that such divestiture may draw significant objections from Google or other market participants."
Instead, the DOJ suggested that the other remedies should be enough to "blunt Google's ability to use its control of the Android ecosystem to favor its general search services," and if they "ultimately fail to achieve the high standards for meaningful relief in these critical markets, the Court could require return to" the Android divestiture suggestion.
!summarize
In a blog post on Thursday, Kent Walker, Google's legal chief, called the DOJ's proposal an "overbroad proposal" that would impact privacy and artificial intelligence investments at a critical time.
Walker added that it "goes miles beyond the Court's decision" and "would break a range of Google products — even beyond Search."
Google has said it will appeal the monopoly ruling, which would draw out any final remedy decisions.
!summarize
!summarize
!summarize
!summarize
!summarize
!summarize
!summarize
!summarize
Musk is the world’s richest person with an estimated net worth of $316.2 billion, according to Forbes. Bezos is third on the outlet’s real-time billionaires list with a fortune of $217.4 billion. However, Bezos has been in the top spot several times over the years, most recently in March when he briefly overtook Musk.
Bezos and Musk are also rivals in the space race, where their respective aerospace companies, Blue Origin and SpaceX, compete in space travel and exploration. Amazon, with the help of Blue Origin, is also planning to launch a satellite broadband service, Project Kuiper, to compete with Musk’s Starlink.
!summarize
OpenAI has also discussed powering artificial intelligence features on Samsung-made devices, a key business partner of Google, the Information report said, citing people who were briefed about the situation.
The company already has a partnership with Apple, whereby the iPhone maker’s “Apple Intelligence” features on new devices are powered using the technology from OpenAI.
The Information report, however, said OpenAI is not remotely close to launching a browser.
!summarize
!summarize
The investigators also revealed that 56% of the sliver foxes turn to the tech for help with completing daily tasks, like home automation and meal planning, while 46% use it to look up health-related information.
For friendship, 18% of old-timers cozy up with their computerized pals, and 64% with caregivers reported relying on their support less thanks to the fancy advancements.
“These findings show the potential of AI to empower seniors,” said analysts, “making them more self-sufficient and enhancing their independence.”
But the benefits of robotics don’t stop at improved autonomy.
A staggering 80% of the pensioners who use AI described their mental health as “excellent,” and 53% claimed that they “rarely” or almost “never” feel isolated with electronics at their fingertips.
“No matter how often they used AI, nearly half [of the respondents] have noticed its positive impact on their overall quality of life, and many were open to trying new technologies,” said the specialists.
“As AI continues to evolve, its potential to help seniors and caregivers will only grow,” the insiders added, “allowing older adults to stay healthier and more independent in a tech-driven world.”
!summarize
!summarize
!summarize
!summarize
The WFA did not immediately return a request for further comment.
Shortly after Paxton announced the WFA probe, Musk posted on X: “This is still a major problem.”
The House report cited evidence that included internal emails from GARM’s radical executive Robert Rakowitz, who appeared to brag X was “80% below revenue forecasts” after GARM targeted the social media app over brand safety issues.
!summarize
In response to the revelations, Musk hit WFA, GARM and a handful of key advertisers with a federal antitrust lawsuit for allegedly organizing an ad boycott.
The boycott cost X “billions of dollars in advertising revenue,” according to the suit.
WFA and GARM have strenuously denied wrongdoing. However, GARM shut down in August, citing mounting legal costs of its fight against Musk.
In October, X announced that it had reached a settlement with one of the defendants, Unilever, which had plans for its brands to resume advertising on the platform.
The antitrust claims against the other defendants are still pending.
!summarize