Summary: OpenAI has shifted ChatGPT’s advertising from CPM to cost-per-click pricing, with bids between $3 and $5, after the $60 CPM it charged at launch in February eroded to as low as $25 within ten weeks. The move puts OpenAI in direct competition with Google and Meta for performance ad budgets, while Perplexity and Anthropic […]
Summary: Bloomberg frames Apple’s CEO transition as a bet on “Jobs-era decisiveness,” with John Ternus expected to centralise decision-making and move faster on AI, where Apple’s models trail year-old competitors and the Siri overhaul has been delayed three times since 2024. He inherits a product roadmap spanning a foldable iPhone, smart glasses, and a HomePad, […]
In summary: Meta has hired five founding members of Thinking Machines Lab, the AI startup built by former OpenAI CTO Mira Murati, after she rejected a reported $1 billion acquisition offer. The most expensive individual hire, co-founder Andrew Tulloch, reportedly received a $1.5 billion package over six years. The talent raid is part of a […]
Summary: John Ternus, Apple’s incoming CEO effective 1 September, is a 50-year-old mechanical engineer who reversed a period of declining product quality, personally lobbied for the creation of iPadOS, oversaw the Apple Silicon transition, and now controls products generating roughly 80% of Apple’s revenue. His leadership style prioritises systemic problem-solving over blame, but critics note […]
Summary: Tim Cook is stepping down as Apple CEO on 1 September after nearly 15 years, during which Apple’s market capitalisation grew from $348 billion to roughly $4 trillion and annual revenue quadrupled to $416 billion. John Ternus, the 50-year-old SVP of hardware engineering who oversees roughly 80% of Apple’s revenue-generating products, will become the […]
Summary: WhatsApp has begun testing a paid consumer subscription called WhatsApp Plus at approximately EUR 2.49 per month, offering cosmetic upgrades including 18 chat themes, custom icons, exclusive ringtones, and expanded pinned chats, following Instagram Plus which launched in three markets on 30 March. The subscriptions represent Meta’s first simultaneous consumer-facing paid tiers across its […]
AI coding adoption is exploding. But most engineering leaders are still measuring usage instead of outcomes. That creates a costly blind spot. There is a question that nobody in the AI industry wants you to ask. Not OpenAI. Not Anthropic. Not Google. Not the dozens of startups selling AI coding agents to your engineering team. […]
In short: Stanford’s 2026 AI Index Report finds the performance gap between the best American and Chinese AI models has collapsed to 2.7%, down from 17.5-31.6 percentage points in May 2023, despite the US spending 23 times more on private AI investment ($285.9 billion vs $12.4 billion). China leads in AI patents (69.7% of global […]
Summary: Threads head Connor Hayes previewed a redesigned web interface that adds direct messages, a navigation sidebar with shortcuts to saved posts and insights, and a cleaner single-feed layout replacing the current multi-column design. DMs, which launched on mobile in June 2025, will roll out on web “over the coming weeks,” bringing one-on-one chats, group […]
In short: Meta will begin companywide layoffs on 20 May, cutting approximately 8,000 employees (10% of its 78,865-person workforce), with additional cuts planned for the second half of 2026. The restructuring, which follows earlier rounds that brought Zuckerberg’s total cuts since 2022 to roughly 25,000, is driven by a reallocation toward AI infrastructure costing $115-135 […]
