Instagram's Rise as Meta's Revenue Powerhouse

Is your home internet router about to be banned? The US has a new Chinese tech target. An AI dev kit from Nvidia. Who actually buys the most chips from Nvidia? Hollywood has flip-flopped on the whole theatrical release strategy. And why Instagram is officially king of the hill at Meta.

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• Lumen.me/ride

Links:

• U.S. Weighs Ban on Chinese-Made Router in Millions of American Homes (WSJ)
• Nvidia's new $249 AI development board promises 67 TOPS at half the price of the previous 40 TOPS model (TomsHardware)
• Nvidia’s $249 dev kit promises cheap, small AI power (The Verge)
• Microsoft acquires twice as many Nvidia AI chips as tech rivals (Financial Times)
• Grubhub to pay $25 million for misleading customers, restaurants, drivers (Reuters)
• ‘Red One’ Becomes Most-Watched Prime Video Film Debut Ever With 50 Million Viewers After Modest Theatrical Run (Variety)
• Here’s a Hollywood Twist: Streaming Success Runs Through Theaters (NYTimes)
• Instagram Expected to Generate 50% of Meta’s US Ad Sales in 2025 (Bloomberg)

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