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China considers probing Apple’s App Store fees and practices amid U.S. tariff tensions
Bay Area Times
February 05, 2025
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Top stories today:
- China considers probing Apple amid U.S. tariff tensions
- Figure AI to show “major breakthrough [in] the next 30 days”
- Judge in Elon x OpenAI case says claims of harm “far-fetched”
- Google Cloud growth slows from +35% to +30%
- AMD tumbles after forecasting -7% data center revenue for Q1
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):
1. China considers probing Apple’s App Store fees and practices amid U.S. tariff tensions
Talks have stemmed from Tencent and ByteDance disputes with Apple.
Unreasonably high fees may be charged, Chinese regulators claim.
Google, NVIDIA, and Intel are also facing probes.
Elf Labs won historic rights to iconic characters including, Cinderella, Snow White, Sleeping Beauty, and The Little Mermaid. Now they’re transforming the $2 trillion media industry by leveraging cutting-edge patented technology to bring them to life like never before. Think VR—without headsets and AI-powered talking toys.
More exciting: they’re on the brink of a game-changing product launch—one that has the potential to reshape their future. Investors who act now will lock in their stake before share prices jump.
🔥 Fundraise closing early—Deadline: February 12
🔥 Industry-shifting product/partnership announcement imminent
🔥 $2.00 per share—last chance before the next valuation update
🔥 Already 1,200 investors—and growing!
Only one week left and limited shares remain! Invest Before the Round Closes 2/12
* Disclosure: This is a paid advertisement for Elf Labs’ Regulation CF offering. Please read the offering circular at elflabs.com
3. Figure AI leaves agreement with OpenAI, to show “major breakthrough [in] the next 30 days”
Tesla and Figure AI are considered the leaders in humanoid robot technology in the West.
Disclaimer: we are indirect investors in Figure AI.
4. Judge in Elon x OpenAI case says claims of harm “far-fetched,” but “plausible”, welcoming trial in 2026-2027
