Recent Developments in Technology, Media, and Telecommunications

The technology, media, and telecommunications sectors have seen significant developments recently. Here’s a summary of the latest market activities:

Intel appoints a new CEO

Lip-Bu Tan is Intel’s new CEO. His appointment starts on March 18, 2025. Tan, the former CEO of Cadence Design Systems and a past Intel board member, wants to help the chip giant get back to the top. Following the announcement, Intel’s stock rose 13% to $23.28 in after-hours trading.

Niantic sells its gaming division.

Niantic, the creator of “Pokémon GO,” will sell its gaming business to Scopely. Savvy Games Group backs Scopely with support from Saudi Arabia’s sovereign wealth fund. The deal is worth $3.5 billion and includes popular games like:

• “Pokémon GO”

• “Pikmin Bloom”

• “Monster Hunter Now”

After the sale, Niantic will create a new company called Niantic Spatial with $250 million in funding.

D-Wave achieves quantum supremacy.

D-Wave, a quantum computing company, claims it has reached quantum supremacy. They ran a materials simulation that would take almost a million years on a typical supercomputer. This milestone is key for creating magnetic materials. Many technologies, like sensors and medical imaging devices, rely on it.

Pony AI expands its robotaxi fleet.

Pony AI, a Chinese company for autonomous vehicles, plans to grow its robotaxi fleet. This year, it will launch over 1,000 robotaxis. In the next three years, it aims for more than 10,000. The company expects to achieve profitability by 2029. It is working with major car makers like:

• Beijing Automotive Group

• Guangzhou Automobile Group

• Toyota

Together, they aim to create new models for the mass market.

Wonder acquires Tastemade

Food-delivery startup Wonder has bought media company Tastemade for about $90 million. They want to create a “mealtime super app.” This follows Wonder’s acquisitions of Blue Apron and Grubhub. The app will use AI to handle meal orders, focusing on each customer’s health goals and budget.

Concerns over hair loss treatments

More young men are seeking quick fixes for hair loss. They are turning to telehealth companies for medications like finasteride. However, many report serious side effects, including:

• Sexual dysfunction

• Depression

Critics say telehealth companies often don’t explain treatment risks to patients.

Broadcom’s AI-Driven Earnings

Broadcom’s latest earnings report shows impressive results. Its artificial intelligence (AI) business generated $4.1 billion, a 78% increase from last year. This growth helped the company recover from a recent drop in share prices. However, concerns about the future of AI spending still remain.

EU lawmakers defend tech regulations.

EU lawmakers have dismissed U.S. claims. They say the new Digital Markets Act (DMA) does not unfairly target American tech firms. The DMA also checks non-U.S. companies. Its goal is to ensure fair competition and boost innovation. It does this by limiting the market power of big tech firms.

AI Investment Boom Compared to Dot-Com Era

AI investment is booming, much like the dot-com boom in the late 1990s. Worries about a bubble are real. Still, the internet’s success shows that early investment in new tech can lead to lasting economic growth.

AI’s Growing Role in Advertising

AI tools are changing how we plan and buy ads. They automate almost every part of digital ad campaigns, boosting efficiency. However, they also raise concerns about control and transparency for marketers.

Cybersecurity firms embrace AI.

Cybersecurity firms believe AI is key to fighting cyberattacks and expanding their businesses. Top executives discussed how AI helps improve security and manage large datasets.

These changes show how dynamic the tech, media, and telecom sectors are. They bring both opportunities and challenges as things evolve.