Welcome to the Tech meme right home for Thursday, January 30th, 2025. I'm Brian McCullough today.

Meta and Microsoft reported earnings, but all Wall Street cared about was getting Cappex updates.

Meta settles with the president. Waymo's expansion continues apace,

why Masasan is the perfect white night for OpenAI,

and AI is copyrightable.

Here's what you miss today in the world of tech.

Here's a roundup of Microsoft earnings in just a couple minutes.

Microsoft reported Q2 revenue up 12% year-on-year to $69.6 billion.

Microsoft 365 commercial products and cloud services revenue up 15% year-on-year, and net income up 10% year-on-year to $24.1 billion.

LinkedIn revenue, up 9% intelligent cloud revenue, up 19% Azure, up 31%, though that did show a lower

growth trajectory. Stock is down 1% pre-market, but I think the entire market is sort of mixed

this morning. It had been down 4.5% overnight. Suddenly, the all-important thing was this.

Microsoft said Q2 capital expenditures hit

$22.6 billion versus $20.95 billion estimated, and forecasts that Q3 Azure growth between

31 and 32% versus 33% expected. So, they're spending more than expected on, you know, data center and AI investments,

but growth in that business is not as much as some were expecting, quoting Reuters.

Despite beating quarterly overall sales estimates, investors want better results from the hundreds

of billions of dollars that Wall Street heavyweights have been spending to build AI data

centers and infuse their products with the emerging technology. For more than a year, Microsoft

and its big tech peers have tested Wall Street's patience by plunking down huge amounts of cash

in pursuit of profits from AI that have yet to satisfy investors. It's okay if that is a few

years out, three to five years into the future, said Brian Mulberry,

...