tech

Rani Molla5/30/25

JPM: Trump’s pending legislation threatens more than half of Tesla’s profits

Trump’s “big, beautiful bill” could take a big, beautiful bite out of Tesla’s bottom line, or about 52% of the electric vehicle company’s 2024 EBIT, according to a report today from JPMorgan analyst Ryan Brinkman.

The legislation would get rid of the $7,500 federal tax credit EV buyers receive, resulting in a $1.2 billion (19% of its EBIT) headwind for the company thanks to lower demand and margins. Additionally, the legislation would outlaw the California Air Resources Board’s ZEV program, which furnishes Tesla with regulatory credits. Without them, Tesla would have posted a loss last quarter. Brinkman estimates that would add an additional $2 billion hit (33% of EBIT).

“Tesla appears to have the most to lose from the shifting regulatory backdrop,” Brinkman wrote. Of course, Tesla’s shares aren’t trading on fundamentals.

“This looks dead and Tesla shares were up,” Brinkman said, referring to both of the credits on a webinar for his report today. “The stock market is completely oblivious to this development.”

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OpenAI releases GPT-5.4 with more “professional work” skills

Feeling the heat from Anthropic’s success with enterprise customers, OpenAI released GPT-5.4, a new model that excels at “professional work.”

OpenAI says the new model has improved capabilities for “professional tasks involving spreadsheets, presentations, and documents. The result is a model that gets complex real work done accurately, effectively, and efficiently — delivering what you asked for with less back and forth.”

The company says the model has advanced computer use skills and supports up to 1 million tokens of context — a measure of the maximum amount of information that can be read and accessed when generating a response, allowing for more complex tasks.

Introducing GPT-5.4

Introducing GPT-5.4

The company says the model has advanced computer use skills and supports up to 1 million tokens of context — a measure of the maximum amount of information that can be read and accessed when generating a response, allowing for more complex tasks.

tech

Jon Keegan3/4/26

Report: Amodei told staff that Anthropic was targeted for lack of “dictator-style praise” for Trump

More details are leaking out from Anthropic about how CEO Dario Amodei explained the company’s dramatic schism with the Pentagon over its AI terms of use.

The Information shared details from a leaked 1,600-word memo to employees that Amodei reportedly sent on Friday after the Trump administration attacked the startup.

Per the report, Amodei told his staff that the reason the company was on the outs with the Trump administration was the fact that it had not given “dictator-style praise” to President Trump, “(while Sam has),” referring to OpenAI CEO Sam Altman.

Amodei also noted that OpenAI President Greg Brockman and his wife donated $25 million to the MAGA Inc super PAC, which likely put their competitor in the good graces of Trump and co.

Anthropic CEO Memo: Trump Disliked Company For Not Giving ‘Dictator-Style Praise’

Anthropic CEO Memo: Trump Disliked Company For Not Giving ‘Dictator-Style Praise’

Per the report, Amodei told his staff that the reason the company was on the outs with the Trump administration was the fact that it had not given “dictator-style praise” to President Trump, “(while Sam has),” referring to OpenAI CEO Sam Altman.

Amodei also noted that OpenAI President Greg Brockman and his wife donated $25 million to the MAGA Inc super PAC, which likely put their competitor in the good graces of Trump and co.

tech

Rani Molla3/4/26

“Fortnite” returning to the Play Store worldwide after Google lowers fees and opens Android

After years of fighting with “Fortnite” maker Epic Games, Google is hitting reset on Android — cutting Play Store fees, loosening its grip on billing, and making it easier for rival app stores to set up shop on millions of devices.

The move could also dent one of Google’s lucrative businesses: Play Store commissions.

In a blog post Tuesday, Google said it will let developers use their own billing systems alongside Google Play’s, link out to external purchase pages, and distribute apps through third-party app stores that meet Google’s safety standards. The company is also lowering Play Store fees in key markets, with billing fees around 5% for developers that use Google’s system, service fees roughly 20% on new installs, and subscription fees around 10%. The changes will roll out on a staggered schedule, beginning mid-2026.

In a corresponding post, Epic said “Fortnite” would expand worldwide on Google Play. “These changes will evolve Android into a true open platform,” the company wrote. “Fortnite” returned to the Play Store in the US in December after the two companies reached a settlement following years of antitrust battles.

Google’s Changes Will Open Android Devices to Competition

Google’s Changes Will Open Android Devices to Competition

In a blog post Tuesday, Google said it will let developers use their own billing systems alongside Google Play’s, link out to external purchase pages, and distribute apps through third-party app stores that meet Google’s safety standards. The company is also lowering Play Store fees in key markets, with billing fees around 5% for developers that use Google’s system, service fees roughly 20% on new installs, and subscription fees around 10%. The changes will roll out on a staggered schedule, beginning mid-2026.

In a corresponding post, Epic said “Fortnite” would expand worldwide on Google Play. “These changes will evolve Android into a true open platform,” the company wrote. “Fortnite” returned to the Play Store in the US in December after the two companies reached a settlement following years of antitrust battles.

tech

Rani Molla3/4/26

Apple debuts $599 Google Chromebook competitor

Apple’s latest product announcement this week is an opening salvo against Google’s ubiquitous Chromebook. On Wednesday, the iPhone maker unveiled the MacBook Neo, which starts at $599 — or $499 for students — the lowest price ever for a MacBook. Apple typically skews to the high end of the market.

The Neo is still more expensive than typical Chromebooks, which are hugely popular in schools, but it’s less stripped down, with a sharper display, aluminum case, and a more powerful processor than many Chromebook models.

Say hello to MacBook Neo

Say hello to MacBook Neo

Musk says Tesla will be one of first companies to reach AGI

He also said we’d reach artificial general intelligence within two years... about two years ago.

Elon Musk Speaks During A town Hall Event In Green Bay, Wisconsin

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