"Open source can be something of an illusion," writes TechCrunch. "A lack of real independence can mean a lack of agency for those who would like to properly get involved in a project."
Their article makes the case that the "spirit" of open source means more than a license... "Android, in a license sense, is perhaps the most well-documented, perfectly open 'thing' that there is," Luis Villa, co-founder and general counsel at Tidelift, said in a panel discussion at the State of Open Con25 in London this week. "All the licenses are exactly as you want them — but good luck getting a patch into that, and good luck figuring out when the next release even is...."

"If you think about the practical accessibility of open source, it goes beyond the license, right?" Peter Zaitsev, founder of open source database services company Percona, said in the panel discussion. "Governance is very important, because if it's a single corporation, they can change a license like 'that.'" These sentiments were echoed in a separate talk by Dotan Horovits, open source evangelist at the Cloud Native Computing Foundation (CNCF), where he mused about open source "turning to the dark side." He noted that in most cases, issues arise when a single-vendor project decides to make changes based on its own business needs among other pressures. "Which begs the question, is vendor-owned open source an oxymoron?" Horovits said. "I've been asking this question for a good few years, and in 2025 this question is more relevant than ever."
The article adds that in 2025, "These debates won't be going anywhere anytime soon, as open source has emerged as a major focal point in the AI realm." And it includes this quote from Tidelift's co-founder.

"I have my quibbles and concerns about the open source AI definition, but it's really clear that what Llama is doing isn't open source," Villa said. Emily Omier, a consultant for open source businesses and host of the Business of Open Source podcast, added that such attempts to "corrupt" the meaning behind "open source" is testament to its inherent power.

Much of this may be for regulatory reasons, however. The EU AI Act has a special carve-out for "free and open source" AI systems (aside from those deemed to pose an "unacceptable risk"). And Villa says this goes some way toward explaining why a company might want to rewrite the rulebook on what "open source" actually means. "There are plenty of actors right now who, because of the brand equity [of open source] and the regulatory implications, want to change the definition, and that's terrible," Villa said.

An anonymous reader shared this report from the Telegraph: Volkswagen has teased plans for a "China-killer" electric vehicle that will cost just €20,000 ($20,664 USD or £16,700) as the German carmaker gears up to take on a flood of Beijing-backed low-cost rivals. The company on Thursday shared its first images of a new vehicle expected to be called the ID.1, which will go into production from 2027.

The low-cost EV is intended to go head to head with all-electric brands from Chinese carmakers such as BYD, which overtook Tesla in British sales for the first time last month. Previous images of the vehicle suggest it will be an electric hatchback. Thomas Schäfer, the VW chief executive, said the new model would be "an affordable, high-quality, profitable electric Volkswagen from Europe, for Europe". Quentin Willson, the motoring journalist and founder of FairCharge, said the car could be a "possible China EV killer". Dan Caesar, of Electric Vehicles UK, added: "Cheaper EVs are exactly what legacy auto-makers need to be competitive during this critical time. We would expect the ID.1 to be warmly welcomed by motorists." Ginny Buckley, of consumer advice website Electrifying, said Volkswagen had been "clear about its intent to compete with China's low-cost EVs"...

The German carmaker is planning to cut 35,000 jobs by 2030 as it grapples with stalled demand for EVs in Europe and growing competition from Chinese rivals.
Volkswagen executives describe the upcoming EV will be a "true Volkswagen for everyone," according to the article

It also notes that the number of EVs sold across Europe "fell by 3% to 3 million during 2024, according to data from analysts Rho Motion."

Thursday the White House "moved to halt a $5 billion initiative to build electric vehicle charging stations," reports Politico, "by instructing states not to spend federal funds previously allocated to them..." NPR described the move as "putting in limbo billions of dollars allocated to states with current and future projects..."

Politico notes the move "appears to upend years of precedent in which federal promises of funds for highway projects had given states an all-but-guaranteed assurance that they were free to spend them. It also raises legal questions... Funding experts had told POLITICO last year that decades of legal precedent would largely insulate the charging money... Andrew Rogers [deputy administrator of the Federal Highway Administration, or FHWA, in the Biden administration] said in a text message that the new letter "appears to ignore both the law and multiple restraining orders that have been issued by federal courts." Rogers, who is now a senior vice president at Boundary Stone Partners, said the move appears to be "in direct violation" of the Impoundment Control Act of 1974, a Watergate-era law that prohibits presidents from unilaterally canceling congressionally approved spending. Trump has contended that the law is unconstitutional.
Politico also got a quote from the chief analyst at analytics firm Paren, who predicts lawsuits from affected states and that the final impact of the move will be "just causing havoc and slowing things down for awhile." [A letter to state transportation directors from the Federal Highway Administration] clarifies that states will be able to receive reimbursements for "existing obligations" to design and build stations "in order to not disrupt current financial commitments." According to the letter, FHWA plans to publish new draft guidance on the NEVI program in the spring, followed by a comment period, before issuing new final guidance. Only then will states be able to resubmit their annual implementation plans for all fiscal years of the program.
"But that doesn't mean that the program is going to be sunset or the funds are not going to be made available again to the states," Nick Nigro, the founder of Atlas Public Policy consultancy told NPR: Several experts tell NPR that as a result of its overwhelming bipartisan support at the time, attempts to overturn it within the executive branch are likely to be challenged in court. Nigro believes the funding will resume eventually...

So far, 56 stations [with multiple chargers] are up and running as a result of the program, while more than 900 sites in total have been "awarded" to date, according to Loren McDonald, chief analyst at Paren, another research analytics firm. McDonald said several hundred of the awarded sites are currently under construction and expected to open this year. He does not believe the FHWA has the authority to pause or rescind any aspect of the NEVI program... "I assume lawsuits from states will start soon, and this will go to court and Congress," McDonald said in a statement.
The move has "confounded states, which had been allocated billions of dollars by Congress for the program," the New York Times reported Friday. "[S]ome state officials said that as a result of the memo from the Trump administration, they had stopped work on the charging stations. Others said they intended to keep going."

The Washington Post reports that a Texas Department of Transportation official "said it would continue to deploy federal funds for EV chargers until it receives further guidance," and that Ryan Gallentine, managing director at the national business association Advanced Energy United, said that states "are under no obligation to stop these projects based solely on this announcement." Politico adds: Also on Thursday, FHWA took down several internet pages providing information on NEVI and its sister program, the $2.5 billion Charging and Fueling Infrastructure grant program... Amid the confusion, at least six states — Alabama, Oklahoma, Missouri, Rhode Island, Ohio and Nebraska — have put their NEVI programs on hold, according to McDonald. Rhode Island and Ohio had been considered leading states in implementing the program.

Friday on a Washington Post podcast, their columnists discussed the hybrid/remote work trend, asking why it "seems to be reversing". Molly Roberts: Why have some companies decided finally that having offices full of employees is better for them?

Heather Long: It's a loaded question, but I would say, unfortunately, 2025 is the year of operational efficiency, and that's corporate speak for save money at all costs. How do you save money? The easiest way is to get people to quit. What are these return to office mandates, particularly the five day a week in office mandates? We have a lot of data on this now, and it shows people will quit and you don't even have to pay them severance to do it.

Molly Roberts: It's not about productivity for the people who are in the office, then, you think. It's more about just cutting down on the size of the workforce generally.

Heather Long: I do think so. There has been a decent amount of research so far on fully remote, hybrid and fully in office. It's a mixed bag for fully remote. That's why I think if you look at the Fortune 500, only about 16 companies are fully remote, but a lot of them are hybrid. The reason that so much companies are hybrid is because that's the sweet spot. There is no productivity difference between the hybrid schedule and fully in the office five days a week. But what you do see a big difference is employee satisfaction and happiness and employee retention....

I think if what we're talking about is places that have been able to do work from home successfully for the past several years, why are they suddenly in 2025, saying the whole world has changed and we need to come back to the office five days a week? You should definitely be skeptical.
"Who are the first people to leave in these scenarios? It's star employees who know they can get a job elsewhere," Long says (adding later that "There's also quantifiable data that show that, particularly parents, the childcare issues are real.") Long also points out that most of Nvidia's workforce is fully remote — and that housing prices have spiked in some areas where employers are now demanding people return to the office.

But employers also know hiring rates are now low, argues Long, so they're pushing their advantage — possibly out of some misplaced nostalgia. "[T]here's a huge, huge perception difference between what managers, particularly senior leaders in an organization, how effective they think [people were] in offices versus what the rank and file people think. Rank and file people tend to prefer hybrid because they don't want their time wasted."

Their discussion also notes a recent Harvard Business School survey that found that 40% of people would trade 5% or more of their salaries to work from home....

The Register highlights concerns raised at a recent UK parliamentary committee regarding AI companies' exploitation of copyrighted content without permission or payment. From the report: The Culture, Media and Sport Committee and Science, Innovation and Technology Committee asked composer Max Richter how he would know if "bad-faith actors" were using his material to train AI models. "There's really nothing I can do," he told MPs. "There are a couple of music AI models, and it's perfectly easy to make them generate a piece of music that sounds uncannily like me. That wouldn't be possible unless it had hoovered up my stuff without asking me and without paying for it. That's happening on a huge scale. It's obviously happened to basically every artist whose work is on the internet."

Richter, whose work has been used in a number of major film and television scores, said the consequences for creative musicians and composers would be dire. "You're going to get a vanilla-ization of music culture as automated material starts to edge out human creators, and you're also going to get an impoverishing of human creators," he said. "It's worth remembering that the music business in the UK is a real success story. It's 7.6 billion-pound income last year, with over 200,000 people employed. That is a big impact. If we allow the erosion of copyright, which is really how value is created in the music sector, then we're going to be in a position where there won't be artists in the future."

Speaking earlier, former Google staffer James Smith said much of the damage from text and data mining had likely already been done. "The original sin, if you like, has happened," said Smith, co-founder and chief executive of Human Native AI. "The question is, how do we move forward? I would like to see the government put more effort into supporting licensing as a viable alternative monetization model for the internet in the age of these new AI agents."

Matt Rogerson, director of global public policy and platform strategy at the Financial Times, said: "We can only deal with what we see in front of us and [that is] people taking our content, using it for the training, using it in substitutional ways. So from our perspective, we'll prosecute the same argument in every country where we operate, where we see our content being stolen." The risk, if the situation continued, was a hollowing out of creative and information industries, he said. [...] "The problem is we can't see who's stolen our content. We're just at this stage where these very large companies, which usually make margins of 90 percent, might have to take some smaller margin, and that's clearly going to be upsetting for their investors. But that doesn't mean they shouldn't. It's just a question of right and wrong and where we pitch this debate. Unfortunately, the government has pitched it in thinking that you can't reduce the margin of these big tech companies; otherwise, they won't build a datacenter."

A German court has ruled that Amazon's Prime Video service violates a Nokia-owned patent, ordering Amazon to stop streaming in its current form or face fines of 250,000 euros per violation. However, Amazon assured customers in a statement on Friday that there is no risk of losing access to Prime Video because the decision affects only a limited functionality related to casting videos between devices.

"Prime Video will comply with this local judgement and is currently considering next steps. However, there is absolutely no risk at all for customers losing access to Prime Video," Amazon's Prime Video spokesperson told Reuters. Meanwhile, Nokia's chief licensing officer, Arvin Patel, said: "...the innovation ecosystem breaks down if patent holders are not fairly compensated for the use of their technologies, as it becomes much harder for innovators to fund the development of next generation technologies."

Software companies are under pressure to invest in new AI capabilities without denting profits. One increasingly popular strategy to keep costs low is to shift hiring outside the US. From a report:Â Salesforce and Workday are simultaneously cutting jobs and highlighting the cost savings from adding workers internationally. "Do we need to hire everybody in San Francisco?" Salesforce Chief Operating Officer Brian Millham said at an event hosted by Barclays in December. "Or can we think about other locations that are cheaper where we can get really incredible labor like India and Mexico City."

US-based employees at Salesforce dropped to 51% from 58% in the four years ending in January 2024. In early 2023, it announced a reduction of roughly 8,000 jobs. Earlier this week, Bloomberg reported that the San Francisco-based software company would cut more than 1,000 positions in large part to make room for new AI-focused hiring. [...] Human resources software maker Workday, based in Pleasanton, California, announced Wednesday that it would eliminate about 1,750 jobs. Last year, Chief Executive Officer Carl Eschenbach emphasized a new focus on expanding margins, saying hiring more in countries like Costa Rica would help in this effort.Â

An anonymous reader shares a report: Google has edited Gemini's AI response in a Super Bowl commercial to remove an incorrect statistic about cheese. The ad, which shows a small business owner using Gemini to write a website description about Gouda, no longer says the variety makes up "50 to 60 percent of the world's cheese consumption."

In the edited YouTube video, Gemini's response now skips over the specifics and says Gouda is "one of the most popular cheeses in the world." Google Cloud apps president Jerry Dischler initially defended the response, saying on X it's "grounded in the Web" and "not a hallucination."

Arm has dropped its attempt to terminate Qualcomm's Architecture License Agreement (ALA), allowing Qualcomm to continue developing and producing Arm-compatible chips for PCs, smartphones, and servers. "The Brit biz had sought to end that license in a lawsuit it brought against Qualcomm in 2022," notes The Register. "That suit is rooted in Qualcomm's 2021 acquisition of a startup called Nuvia, which was co-founded by the brains behind Apple's custom processors and had signed an architecture license agreement (ALA) with Arm that allowed it to design its own Arm-compatible CPU cores." From the report: On Wednesday, Qualcomm's latest quarterly financial report [PDF] revealed Arm had indicated on January 8, 2025 it was no longer seeking to kill off Qualcomm's ALA. During Qualcomm's Q1 2025 earnings conference call with Wall Street, CEO Cristiano Amon confirmed Arm "has no current plan to terminate the Qualcomm Architecture License Agreement. We're excited to continue to develop performance leading, world-class products that benefit consumers worldwide that include our incredible Oryon custom CPUs." [...]

On the other side of the fence, Arm noted in a regulatory filing [PDF] that post-trial motions had been filed on both sides to clarify the legal situation following the jury's verdicts, and a new trial may be sought. On its own latest quarterly earnings call, which like Qualcomm's took place on Wednesday, Arm's CFO Jason Child was asked about the impact of the case. He said Arm's revenue forecasts assumed the biz was "not going to prevail in that lawsuit," and that it expected to continue receiving payments from Qualcomm, which licenses various technologies from Arm and doesn't just hold an ALA.

"The primary reason for the lawsuit very much was around defending our IP and that's important," Child said. "But from a financial perspective, we had assumed that we'll continue to be receiving royalties at basically the same rates that they've been paying for in the past and will continue to pay." Qualcomm continues to pursue another case against Arm, alleging the UK outfit didn't honor some of its contractual obligations. Arm reckons that matter will reach the courts in the first half of 2026.

OpenAI is considering building large-scale data center campuses in 16 states as part of the Stargate initiative, a $100 billion joint venture with Oracle and SoftBank aimed at strengthening U.S. AI infrastructure. CNBC reports: On a call with reporters, OpenAI executives said it sent out a request for proposals (RFP) to states less than a week ago. "A project of this size represents an opportunity to both re-industrialize parts of the country, but also to help revitalize where the American Dream is going to go in this intelligence age," Chris Lehane, OpenAI's vice president of global policy, said on the call.

[...] The 16 states OpenAI is currently considering are Arizona, California, Florida, Louisiana, Maryland, Nevada, New York, Ohio, Oregon, Pennsylvania, Utah, Texas, Virginia, Washington, Wisconsin and West Virginia. Construction on the data centers in Abilene, Texas, is currently underway. In the coming months, OpenAI will begin announcing additional construction sites "on a rolling basis," according to the presentation. Each campus is designed to support about one gigawatt of power or more.

OpenAI is aiming to build five to 10 data center campuses total, although executives said that number could rise or fall depending on how much power each campus offers. The company also said it expects each data center campus to generate thousands of jobs. That includes construction and operational roles. But Stargate's first data center in Abilene could lead to the creation of just 57 jobs, according to recent reports.

Tom Blomfield, founder of Monzo, challenges the notion that Americans work harder than Europeans, attributing the U.S.'s economic edge to a culture of "positivity, optimism, and ambition" rather than sheer work ethic. He argues that the "know your place, don't get too big for your boots" mindset stifles innovation, whereas the U.S.' "American Dream" fosters a more dynamic start-up culture, making it easier for entrepreneurs to bounce back from failure. Fortune reports: Blomfield said the American dream wasn't a reality that a lot of people in the U.S. get to live, but it was one that a lot of them experience. "That idea that anyone can create anything if they try hard enough is so deeply American, and it's so antithetical to the British culture," he said. Blomfield was 28 when he co-founded Monzo in 2015. While he said people in the U.K. "looked at me like I was crazy" as he tried to get a banking license, he had a much more supportive reaction in the States. The Brit said his fellow countrymen were more inclined toward a "know your place, don't get too big for your boots" attitude that stifles innovation.

In Blomfield's view, this filters down to the career decisions made by the country's most promising university students. In the U.K., Blomfield says the most ambitious thing for students to do is work at a trading firm like James Street or a consultancy like McKinsey. Indeed, he suggests the default choice for PhD students in computer science is to join Goldman Sachs. In the U.S., meanwhile, Blomfield says he'll often get pitched start-up ideas by students from unexpected backgrounds, including English Literature undergrads. [...]

In April, Nicolai Tangen, the CEO of Norway's $1.6 trillion sovereign wealth fund, sparked a debate with his comments that there was a difference in the "general level of ambition" between U.S. and European workers, adding that Americans work harder. Blomfield said he had read data suggesting that the latter wasn't the case. But his thoughts do align with another of Tangen's points, namely that it is easier to start again in the U.S. if a business fails than in the U.K. Backed by the "American dream" ideal that Blomfield mentioned in his interview, the U.S. has long been more closely associated with entrepreneurialism and disruption than Britain, and Europe more widely. Since these comments were made last May (reprinted yesterday via Fortune), we'd like to open this up for a "Slashdot Asks" discussion. Do you think the "know your place" mindset Blomfield cited stifles innovation? How does it compare to the mindset in the United States or elsewhere? Any insights or examples to support your point are appreciated and will contribute to a more meaningful discussion.

An anonymous reader shares a report: The keyboard company Qwertykeys has temporarily halted all shipments to the United States in response to President Trump's tariffs on Chinese goods going into effect. The company says it's working on ways to mitigate shipping costs and that the tariffs have made it so that "all keyboards from China to the U.S. are now subject to 45% tariffs at full value."

"We are closely watching the progress of the situation and really hope that there is something else we can do other than bumping the price up," the company wrote in a comment on Reddit. Qwertykeys says that its delivery partner, DHL, "now requires prepayment of 50% of the declared product value as a tariff deposit, plus a $21 processing fee per package." That would drastically raise prices for customers in the US, something Qwertykeys says is "unsustainable for both our business and customers."

Joseph Firmage, a former Silicon Valley prodigy who built a $2.5 billion web services company in the 1990s, is now being sued by investors who claim he defrauded them through an alleged antigravity machine scheme. In 1998, at the height of his success as CEO of USWeb, Firmage claimed an alien appeared in his bedroom, derailing his corporate career. He then spent decades pursuing UFO research and attempting to develop antigravity propulsion technology, raising millions from investors.

Court documents allege Firmage and associates are responsible for roughly $25 million in losses through various companies and schemes. Some investors say he used elaborate ruses, including people impersonating government officials, to solicit funds. Firmage, currently in jail on elder abuse charges, maintains he was actually the victim of international scammers who exploited his access to investors.

Disney+ lost 700,000 subscribers in the last quarter of 2024, largely due to price hikes and expiring promotions. Despite the decline, Disney's overall streaming business remained profitable, boosted by strong box office results from Moana 2 and Hulu's 1.6 million added subscribers. IndieWire reports: Not counting Disney+ Hotstar, the cheap Disney+ service in India, Disney+ now has 124.6 million subs. ESPN+ also lost 700,000 subs in the period. Hulu was the streaming highlight, adding 1.6 million subscribers; it now has 53.6 million. All told, the company's streaming business was profitable for its third-straight quarter. So it wasn't all bad -- or unexpected. "Our results this quarter demonstrate Disney's creative and financial strength as we advanced the strategic initiatives set in motion over the past two years," said Disney CEO Bob Iger. "In fiscal Q1 we saw outstanding box office performance from our studios, which had the top three movies of 2024; we further improved the profitability of our Entertainment DTC streaming businesses; we took an important step to advance ESPN's digital strategy by adding an ESPN tile on Disney+; and our Experiences segment demonstrated its enduring appeal as we continue investing strategically across the globe. Overall, this quarter proved to be a strong start to the fiscal year, and we remain confident in our strategy for continued growth."

The Register's Thomas Claburn reports: Oracle this week asked the US Patent and Trademark Office (USPTO) to partially dismiss a challenge to its JavaScript trademark. The move has been criticized as an attempt to either stall or water down legal action against the database goliath over the programming language's name. Deno Land, the outfit behind the Deno JavaScript runtime, filed a petition with the USPTO back in November in an effort to make the trademarked term available to the JavaScript community. This legal effort is led by Node.js creator and Deno Land CEO Ryan Dahl, summarized on the JavaScript.tm website, and supported by more than 16,000 members of the JavaScript community. It aims to remove the fear of an Oracle lawsuit for using the term "JavaScript" in a conference title or business venture.

"Programmers working with JavaScript have formed innumerable community organizations," the website explains. "These organizations, like the standards bodies, have been forced to painstakingly avoid naming the programming language they are built around -- for example, JSConf. Sadly, without risking a legal trademark challenge against Oracle, there can be no 'JavaScript Conference' nor a 'JavaScript Specification.' The world's most popular programming language cannot even have a conference in its name." [...] In the initial trademark complaint, Deno Land makes three arguments to invalidate Oracle's ownership of "JavaScript." The biz claims that JavaScript has become a generic term; that Oracle committed fraud in 2019 when it applied to renew its trademark; and that Oracle has abandoned its trademark because it does not offer JavaScript products or services.

Oracle's motion on Monday focuses on the dismissal of the fraud claim, while arguing that it expects to prevail on the other two claims, citing corporate use of the trademarked term "in connection with a variety of offerings, including its JavaScript Extension Toolkit as well as developer's guides and educational resources, and also that relevant consumers do not perceive JavaScript as a generic term." The fraud claim follows from Deno Land's assertion that the material Oracle submitted in support of its trademark renewal application has nothing to do with any Oracle product. "Oracle, through its attorney, submitted specimens showing screen captures of the Node.js website, a project created by Ryan Dahl, Petitioner's Chief Executive Officer," the trademark cancellation petition says. "Node.js is not affiliated with Oracle, and the use of screen captures of the 'nodejs.org' website as a specimen did not show any use of the mark by Oracle or on behalf of Oracle."

Oracle contends that in fact it submitted two specimens to the USPTO -- a screenshot from the Node.js website and another from its own Oracle JavaScript Extension Toolkit. And this, among other reasons, invalidates the fraud claim, Big Red's attorneys contend. "Where, as here, Registrant 'provided the USPTO with [two specimens]' at least one of which shows use of the mark in commerce, Petitioner cannot plausibly allege that the inclusion of a second, purportedly defective specimen, was material," Oracle's motion argues, adding that no evidence of fraudulent intent has been presented. Beyond asking the court to toss the fraud claim, Oracle has requested an additional thirty days to respond to the other two claims.

During the fourth quarter of 2024, AMD surpassed Intel in datacenter sales for the first time in history -- despite weaker-than-expected sales of its datacenter GPUs. Tom's Hardware reports: AMD's revenue in Q4 2024 totaled $7.658 billion, up 24% year-over-year. The company's gross margin hit 51%, whereas net income was $482 million. On the year basis, 2024 was AMD's best year ever as the company's revenue reached $25.8 billion, up 14% year-over-year. The company earned net income of $1.641 billion as its gross margin hit 49%. But while the company's annual results are impressive, there is something about Q4 results that AMD should be proud of.

Datacenter business was the company's primary source of earnings, with net revenue reaching record $3.86 billion in Q4, marking a 69% year-over-year (YoY) increase and a 9% quarter-over-quarter (QoQ) rise. Operating income also saw substantial improvement, surging 74% YoY to $1.16 billion. By contrast, Intel's datacenter and AI business unit posted $3.4 billion revenue, while its operating income reached $200 million. But while the quarter marked a milestone for AMD, market analysts expected AMD to sell more of its Instinct MI300-series GPUs for AI and HPC. You can view AMD's 2024 financial results here.

Workday is cutting about 8.5% of its workforce, making it the latest technology company to begin 2025 with headcount reductions. From a report: The cuts will amount to about 1,750 workers, Chief Executive Officer Carl Eschenbach wrote in a note to employees Wednesday. "The environment we're operating in today demands a new approach, particularly given our size and scale," he wrote. Workday intends to hire in strategic areas such as AI, allow faster decision-making, and take on more people overseas, Eschenbach wrote. This will advance the company's "ongoing focus on durable growth," Workday said in a filing Wednesday. Shares of Workday jumped more than 5% on the news.

Meta's metaverse ambitions face a decisive year in 2025, with Chief Technology Officer Andrew Bosworth warning employees that the project could become either "a legendary misadventure" or prove visionary, Business Insider is reporting, citing an internal memo. Bosworth called for increased sales and user engagement for Meta's mixed reality products, noting the company plans to launch several AI-powered wearable devices.

The tech giant's Reality Labs division, which develops virtual and augmented reality products, reported record revenue of $1.08 billion in the fourth quarter but posted its largest-ever quarterly loss of $4.97 billion. Meta CEO Mark Zuckerberg told staff the company's AI-powered smart glasses, which sold over 1 million units in 2024, marked a "great start" but would not significantly impact the business. The Reality Labs unit has accumulated losses of approximately $60 billion since 2020.

The United States Postal Service has suspended all package shipments from China and Hong Kong following President Donald Trump's decision to eliminate the de minimis exemption, which previously allowed small packages under $800 to enter the U.S. without import duties. "The move could potentially create chaos and confusion across the online shopping industry, as well as make purchases more expensive for consumers, especially because many global manufacturers and internet sellers are located in China," reports Wired. "Shoppers are now on the hook not only for the additional 10 percent tariff, but also whatever original tax rate their products were exempted from until Tuesday." From the report: Cindy Allen, who has worked in international trade for over 30 years and is the CEO of the consulting firm Trade Force Multiplier, gave WIRED an example of how much additional cost the tariff will incur: A woman's dress made of synthetic fiber shipped from China through de minimis will now be subject to a regular 16 percent tariff, a 7.5 percent Section 301 duty specifically for goods from China, the new 10 percent tariff required by Trump, additional processing fees and customs brokerage fees, and perhaps increased brokering and handling costs due to the sudden change in rules. "Will the dress that was $5 now cost $5.50 or $15?" says Allen. "That we don't know. It depends on how those retailers react and change their business models."

In the immediate term, clearing customs will become a challenge for most ecommerce companies. Their long-term concern, though, is the potential impact on profitability. The appeal of Temu and Shein and similar Chinese ecommerce companies is how affordable their products are. If that changes, the ecommerce landscape and consumer behavior in the US may change significantly as well. While the USPS has announced the suspension of accepting any parcels from China and Hong Kong, CBP hasn't elaborated on how the agency will enforce Trump's new tariffs other than saying in an announcement that it will reject de minimis exemption requests from China starting today.

Amazon's brick-and-mortar expansion has faltered, WSJ reported Tuesday, as the e-commerce giant plans to close its Amazon Go store in Woodland Hills, California, shrinking the cashierless convenience store chain to 16 locations across four states, down from roughly twice that number in early 2023.

The company is pivoting to license its "Just Walk Out" technology, now used by more than 200 retailers including colleges and airports, while focusing its physical retail strategy on grocery stores through Whole Foods Market and Amazon Fresh locations. Amazon's other physical retail experiments, including bookstores and "4-star" locations selling popular website items, have also struggled.