Julie Chang

Here's your morning TNB Tech Minute for Thursday, February 12th.

I'm Julie Chang for The Wall Street Journal.

Anthropic is spending $20 million ahead of the midterm elections to push for greater AI regulation and restrictions on exporting AI chips.

Here's your morning TNB Tech Minute for Tuesday, February 10th.

I'm Julie Chang for The Wall Street Journal.

Spotify continued to add users in the fourth quarter as it expanded access to audiobooks globally and added new features like allowing listeners to follow music venues for upcoming shows.

Spotify's monthly active users grew to 751 million, up 11% from the same quarter a year ago.

Premium subscribers increased by 10% to 290 million.

For the full year, Spotify's net income was up about 86% from the previous year, while revenue grew 10%.

In January, Spotify said it was raising the cost of a U.S.

premium subscription by $1 to $12.99 a month.

Dow Jones, publisher of The Wall Street Journal, has a content partnership with Spotify.

The Japanese automaker booked nearly $280 million in one-time EV-related provisioning and impairments for the three months ended December.

An executive said today the company needed to drastically change its EV strategy in the US, where the market is clearly slowing, and scrap its previous plans in China.

And SMIC finished 2025 on a strong note.

Its annual revenue crossed the $9 billion mark as a Chinese contract chipmaker cashes in amid China's push for tech self-sufficiency.

SMIC, China's largest and most advanced chip foundry, reported a 61% rise in fourth quarter net profit from a year earlier to nearly $173 million.

Revenue increased 13% to almost $2.5 billion, a

That brought the annual total to more than $9 billion, topping 2024's $8 billion.

The chipmaker offered a cautious outlook for the first quarter, though.