Tootfinder

Filing: in 2025, TikTok posted its first net profit of $702.5M in Europe, Africa, and Latin America on $9.1B in revenue, up 45.7% YoY (Iain Martin/Forbes)
https://www.forbes.com/sites/iainmartin/2026/08/20/tik…

TikTok’s Europe, Africa and LatAm Business Turns Its First Profit
TikTok made $9.1 billion and its first profit in Europe and Latin America but faces a wave of lawsuits and investigations from European regulators.

Damn! spent the whole evening reading articles and not editing photos (as planned) ...
Ah well - then I invite you to a walk we did recently on a sunny day along some nice blooming bushes.
#hiking #flowers #outdoors

Michael Roberts on why 'Rentier Capitalism' is a misleading understanding.
EU companies: a ‘capitalism of rent’? – Michael Roberts Blog
https://thenextrecession.wordpress.com/2026/07/20/eu-companies-a-capitalism-of-rent/

EU companies: a ‘capitalism of rent’?
Why is Europe falling behind in investment and growth compared with the US, let alone China and India?  In a new report, Labour Squeezed, Investment Stalled – the renowned economist Mariana Mazzuca…

"Durchsage ihres Lokomotivführers: Wegen einer Stellwerkstörung kann diese S11 ab Winterthur nicht weiterfahren. Sie müssen mit einem anderen Zug nach Zürich weiterfahren."
Montag.
#SBB #övlife #Winterthur

Abby Care, which runs a clinically led, AI-powered platform to train and certify family caregivers, raised an $82M Series C led by Transformation Capital (Allie Garfinkle/Fortune)
https://fortune.com/2026/10/15/startup-abby-care…

Startup Abby Care raises $82 million to turn family members into paid caregivers
Transformation Capital and CVS Health Ventures join the novel bet on filling the caretaking gap.

Sources: the USPTO and US Copyright Office were surprised by the DOJ's brief supporting OpenAI and Microsoft in their dispute with the New York Times (Axios)
https://www.axios.com/2026/09/19/justice-department-openai-new-york-times

Scoop: DOJ's copyright filing took key agencies by surprise
The department argues copyrighted works to train models should be considered fair use because that practice is new and transformative.

Filing: US prosecutors say OpenAI suspect Abdulrahman Alfozan maintained frequent WhatsApp contact in 2025 and 2026 with an unnamed Saudi Royal Family member (Dan Mangan/CNBC)
https://www.cnbc.com/2026/10/19/openai-bugging-suspect-alfozan-saudi-royal-fa…

OpenAI bugging suspect WhatsApp'ed Saudi royal days before arrest, feds reveal
Saudi national Abdulrahman Alfozan is accused of planting a recording device in an executive conference room at OpenAI headquarters in San Francisco.

Apple unveils new EU business terms from October 1, resolving disputes with the EU, including a new Core Technology Commission and App Store commission tiers (Apple)
https://www.apple.com/newsroom/2026/08/apple-announces-changes-for-apps-in-the-…

Apple announces changes for apps in the European Union
Apple today announced changes to its business terms for apps in the European Union, following close collaboration with the European Commission.

Survey of 94 economists: 54% expect AI's gains to spread across the G20 over the next decade, not just the US and China; 32 see African countries falling behind (Financial Times)
https://www.ft.com/content/c6aeb3a1-1874-4947-8ffc-4d993301244a

Google Cloud is deploying context-creating AI agents within its tools to automate tasks handled by forward-deployed engineers; Google is hiring hundreds of FDEs (Kevin McLaughlin/The Information)
https://www.theinformation.com/articles/google-says-a…

Google Says Its AI Can Do the Work of Forward Deployed Engineers
Following the playbook Palantir pioneered, OpenAI, Anthropic, Microsoft and Amazon are investing billions of dollars to hire so-called forward deployed engineers to get newfangled AI to work in enterprises.Then there’s Google, which says AI can automate some of what these FDEs do.While Google ...