ROKU IN TALKS TO SELL ITSELF
■ AI-SUMMARIZED FROM 4 SOURCES ▸ TIMELINE
Roku is exploring a sale of the company, according to sources familiar with the matter. The streaming platform's stock surged over 20% in after-hours trading following the news.
■ MORE FROM THE BIG TECH DESK
Yann LeCun, Meta's former chief AI scientist and a pioneer in deep learning, is joining 224 Ventures to invest in artificial intelligence startups.
Cloudflare has introduced Cloudflare Wallets, enabling users to pay for APIs and content using stablecoins. The service includes virtual wallet creation for agentic shopping—automated bot-driven transactions.
An internal TikTok document reveals the platform deliberately prevented a safeguarded algorithm from reaching approximately 10% of US users as part of an engagement experiment. The withholding affected a 16-year-old who was subsequently exposed to self-harm content and died by suicide.
New data reveals X's advertising revenue has dropped significantly, with major brands substantially reducing their spending on Elon Musk's platform since his takeover.