Martin peers / The information:
Increased capital spending expected this year will virtually wipe out free cash flow for Amazon, Google and Meta, which could lead to reductions in share buybacks or more borrowing.— The dramatic increase in capital spending planned by Big Tech this year will virtually wipe out free cash flow for Amazon, Google and Meta Platforms.
Trending
- BlackBerry’s stock is up more than 160% in the past three months as the company’s QNX division positions its automotive software as an operating system for robots (Luke Kawa/Sherwood News)
- Miami-based Canals, which uses AI to help distributors automate workflows across sales, customer service and more, raised a $35 million Series A round led by Base10 (Chris Metinko/Axios)
- Trump spends Friday getting his ass kicked all over the court
- Meta plans to start testing an AI pendant in 2027, launch new AI glasses next month, launch a ‘Wearables for Work’ unit for businesses, and more (Jyoti Mann/The Information)
- Microsoft faces backlash after blog post implicates criminal firing and legal action against security researcher Nightmare Eclipse over public bug disclosures (Lorenzo Franceschi-Bicchierai/TechCrunch)
- Quad port project in Fiji will challenge China’s dominance of Pacific supply chain – Radio Free Asia
- Microsoft is working on an application that will include GitHub Copilot, Copilot chat, Copilot Cowork and a new agent workflow tool called Autopilot (Sebastian Herrera/Fortune)
- An episode of BBC Question Time featured a panel with AI-generated historical figures like Churchill, intended to show the “hyper-real and compelling” nature of AI images (Holly Bishop/The Independent)

