Anthropic Doesn’t Lose as Much Money As You Think - DTNS 5381

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3:21This is the Daily Tech News for Monday, October 26th, 2026. We tell you what you need to know, give you important context. We help each other understand.

3:30Robb Dunewood: Today, Anthropics IPO filing is public, and we tell you the things that might matter to you about it. Yeah, this is the non-investor news about the Anthropics IPO. Although investors might find some of this handy to know. I'm Tom Merritt. And I'm Rob Dunwood. Let's start with what you need to know with that big story. Anthropics IPO filing has been made public. They filed back in June confidentially, but now it's out for everybody to read. The company will list on the NASDAQ in the United States under the ticker symbol ANT. You know what? I should have looked up to find out who has had that ticker symbol before, because that can't be one that was new.

4:08I bet they got that from Sony. Anyway, Anthropics will trade under ANT starting sometime before November 26th. and the filing gives us an actual look at how the company is doing. If you're curious, Anthropic made$16.3 billion in revenue in the first half of this year. That's not profit, that's revenue. But for those who are like, how are you going to make any money? Well, you can make$16.3 billion, which is up from$1.2 billion in the first half of last year. That 16x growth in revenue is one of the source of investors' confidence and interest in the company. 83 % of its revenue last year was from consumption-based users.

4:52That's people who pay per token, like through an API, for example. Not those of us on the monthly plan. We're not the main source of their revenue. Business users are. In fact, its top five clients accounted for more than 25 % of revenue in the first nine months of this year. That's another reason why Anthropic feels like they have a legitimate business. It's not trying to scale through consumers. It's trying to scale through businesses, and it's got businesses paying for it already. Now, you'll also see that it lost$80.7 billion in the first half of this year, which is more than the$1.3 billion it lost in the first half of last year.

5:31That seems ridiculous. Of course, that's one of the sources of accusations that this is a bubble, and the business may not be sustainable. But it is worth noting if you're like, I had to look at that number a few times before. I'm like, that's quite a large loss considering that they only brought in$16 billion in revenue. And it's worth noting, only$8.9 billion was spent on computing power and infrastructure. You'd be forgiven for going like, oh, they're spending$80 billion just on data centers. No,$8.9 billion was spent on the data centers. and the amount they're spending on that is declining.

6:08It spends about 48 cents on compute for every dollar of revenue. They're getting better at that. So where does the rest of that come from? Not to get too wonky, but$72 billion of that debt, well, I'm giving it away by calling it debt, $72 billion of that loss is what's called non-cash accounting charges. I'm not gonna get super financial here, But this is worth knowing if you want to be able to explain what's going on here. As Anthropic gets more valuable, the value of the convertible bonds that it owes investors, those are bonds. It's like, we'll sell you a bond. We take your money. And then later you can convert that bond into stock instead of making us pay it off.

6:52But they have to account for the amount they would pay off that bond. and that amount inflates as the value of the company gets better because the value of the shares that they would convert that bond into gets higher and they have to count that cost against their revenue. However, when the IPO happens, that loss will be cleared because everybody gets their stock and they no longer have to be on the hook for paying them equivalent value of that stock if they somehow failed to give them the stock. Once they IPO, they give them the stock, that clears that debt and this is the important number, the actual operating loss for Anthropic in the first half of this year was$693 million.

7:34They are not making money yet, but they are losing less than a billion dollars on that$16 billion in revenue. One number financial types are pointing to is a 900 % net revenue retention. That's a measure of how well it keeps its customers. You're gonna need that to be high if you wanna eventually recover even the half a billion of losses that you're putting up every six months. So 900 % is apparently pretty high, according to the experts, and that's a good sign as well. And every SEC filing for an IPO includes a list of risks. These are to cover your liability so that you can't get sued for somebody saying like, hey, you never told me that this could happen if I invested in you.

8:17So a company tries to list everything that could possibly go wrong, not just the most likely things, but anything that is likely to go wrong. In Anthropic's case, they really covered their butts with 94 pages of risks broken down into four categories, misuse of their tools, loss of control of their tools, authoritarian abuse of their tools, and economic disruption caused by their tools. There are a lot of risks, but of course the one that's getting attention is the bit about catastrophic or existential risks to humanity. The other thing you might be interested in knowing about is that Anthropic will continue to operate as a public benefit company.

8:58That means the company legally can value things around safety and bettering humanity over delivering profits to shareholders. That's what a public benefit company says, is we are no longer about profiting the shareholders primarily. We will hopefully profit them, but our other company values supersede that. So in Anthropics' case, it's all about safety and bettering humanity. It's a complicated structure. There are five different classes of stock with different levels of voting rights, but here are the important ones. Class T shares will be used to give a long-term benefit trust, a separate organization, the right to appoint the majority of Anthropics board.

9:42That's an attempt to keep the company focused on those benefits to humanity. The trust simply wants to make sure that the board of directors is fulfilling that public benefit value. And then there will be one single share of class F stock that will be issued and co-owned by the seven founders of Anthropic. And so whatever four of those seven founders agree on will count for 50.1 % of voting power for things like board members and some other matters. So that means the founders of the Anthropic maintain control of Anthropic in most of the matters going forward. Rob, I know that's a lot of financial stuff, but we're going to have opinions about Anthropic and what they're doing in the future.

10:35I think it's good to know this sort of thing. Yeah.

10:37Robb Dunewood: So there's a couple of big things here. One of the things that a lot of people would say that we're in right now is an AI bubble. That may be true, may not be true, But what it looks like here for Anthropic that if we are in one is not quite as bad for them as you might think. This company is spending money hand over fist. Let's not let's not, you know, ignore that. But they're making a lot of money to go with that spend. So when you think when you when you hear billions, it's just, you know, those additional three zeros over over millions. That's just huge. But it's like, you know, they're not at a billion dollars in, you know, in burn right now.

11:17Robb Dunewood: Which which when you hear about just how much is being spent on all these data centers, you would think that these you know that these companies are just way underwater on what they're building out. But it's like, at least in the case of Anthropic, they're making a lot of money compared to what they're spending on the compute. And the compute at some point probably is going to come to an end at some point. They're going to say, OK, we have enough right now. We don't need to go buy or build more data centers. Let's run and see if we can actually become a profitable company. So I think from that standpoint, it doesn't tell you whether or not we're in a bubble or not.

11:49Robb Dunewood: It just tells you that they are probably positioned fairly well if we were actually to be in one. Yeah, if we're in a bubble, which we very well may be, they're Amazon, they're Google, they're Netflix, right? They are looking like that. They are looking like they are going to survive the bubble the way those companies survive the dot-com bubble. So yeah, I think that stuck out to me too. The fact that the operating loss is less than$1 billion when they're making$16 billion in revenue means that gap is tightening. It means that they're spending$17 billion on operating, right? It's not that they're not spending a lot of money, but they're getting closer to bringing in more revenue than they spend.

12:32That's important. And I've heard some people say, well, how many$20 a month subscriptions do you think they could possibly sell? And I think that's why I brought up the fact that most of their corporate customers, most of their customers are consumption based customers. They are corporate customers spending on tokens. And the health sign to look for there is not how many subscriptions are they selling to consumers, but how much is corporate usage going up or down for Anthropic, right? Do corporations start reducing their usage because they find it's not productive? That's a bad sign for Anthropic.

13:06Do corporations continue to use Anthropic or even switch from OpenAI or Google to Anthropic? That's a good sign. That would be a good sign for Anthropic.

13:14Robb Dunewood: I think that in the case of Anthropic, what happens for them over time is that they become AWS. They become Google Cloud Services. They become Dropbox. They become these things that massive companies just use, and their usage of those things never really goes away unless they switch to something else. So as long as you're using Anthropic, you're going to always use Anthropic. So the issue for Anthropic is not that they don't think they can get these big companies. They're showing you that they can. Is that a big company says, OK, Anthropic, we're not using you anymore. We're going to go to this other supplier.

13:55Robb Dunewood: Does that happen? Yes. It's fairly rare, though. You don't see companies move from one thing to another thing. It's kind of like, we're just going to add this other thing and continue to do the thing we've already done. Yeah, yeah. No, that's a really good point. Another thing I noticed in there is that 48 % of their signups and revenue are coming through third parties like Google and Microsoft, where people are buying Anthropic because they're a Google Cloud customer. That is one of the weaknesses Anthropic has when you talk about maybe one of their ways forward is to become an AWS. I think they can become an AWS the way you mean, which is they're essential.

14:35It doesn't sound like they are positioned to become an AWS the way AWS became, you know, sort of Amazon needed cloud computing. So they built it and then started selling it to others. Anthropic is mostly buying its cloud computing from others, but it's also powering Grok, right? And it's available on these other cloud competitors. So it's in a good position, but it's not going to create another business the way that AWS did, which I think that's not a risk, but I'm like, oh, that could be a hedge against things if they were able to do that. Yeah.

15:12Robb Dunewood: The other thing that was really interesting to me in this is that the seven founders have one share that is majority rule on that one share. So four folks determine what's going to happen at that company. It's like four have to agree. They get 50.1 % of what's going to happen is based off of four people agreeing with each other, which is interesting because if you did it as seven individual stocks or seven individual shares, well, I want to sell my share to this person. I want to show my share to that person. It's like those things get in, but no, it's just one, they got to act like friends and family for the foreseeable future.

15:48Robb Dunewood: So that's just interesting how they did that. There's some really interesting stuff when you start to get into that company control side of things that I'm not even going to pretend to understand all of it, but it's fascinating how they are trying to build in company control like that and also relying on the fact that they are committed to making the world better. They're trying to build that into the structure of the company so that someone down the road can't take over the company and say, well, we used to be about making the world a better place, but we really need to be about profits. They've really tried to construct the company so that doesn't happen.

16:27Yeah.

16:28Robb Dunewood: And then the last thing that I thought out of this stuff that was just interesting to me is that there's a roughly 90-page report that says, you know what? It could potentially burn the atmosphere off of earth. Right. Hopefully we won't do that. I, I mean, I, as I pointed out, like you do those risks because you don't want an investor to come back and sue you later saying you sold me a bill of goods. Right. And the typical example is like, uh, our gold mine will never run out of gold. Uh, and then you invest and you find out you invested right as they ran out of gold. And like, you told me it could never run out.

17:00You didn't tell me that was a risk, right? This is Anthropics saying, I don't know, we might destroy humanity, which is funny to me because I'm not sure anyone would sue you for that if it actually happened. But they just wanted to make sure that you knew the risks.

17:17I'm laughing in the face of madness and danger, my friends. I'm not trying to make light of the situation.

17:25Robb Dunewood: DTNS is made possible by you, the listener. Thanks to Howard Yermich, John Atwood, Pat, and Patrick Beja. Oh, yeah. One of our oldest day one supporters.

17:39Robb Dunewood: This episode is brought to you by Capital One. Capital One's tech team isn't just talking about multi-agentic AI. They already deployed one. It's called Chat Concierge, and it's simplifying car shopping. Using self-reflection and layered reasoning with live API checks, it doesn't just help buyers find a car they love. It helps schedule a test drive, get pre-approved for financing, and estimate trade-in value. Advanced, intuitive, and deployed. That's how they stack. That's technology at Capital One. When you're running a growing business, the right systems can unlock your full sales potential and make fulfilling every order effortless.

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20:56There's more we need to know today. Let's get to the briefs.

20:59Robb Dunewood: Apple didn't wait until its event on Wednesday to announce new hardware. The 2026 iPad Mini is an 8.5-inch OLED tablet with peak brightness of 1 ,200 nits and a sustained brightness of 600 nits and a 2 ,000 ,000 to 1 contrast ratio. Slightly thinner bezels mean the screen is larger, and you now have the option for the nano-texture display that reduces glare. Apple has embedded custom woofers in the display, and it calls it acoustic display. The new iPad Mini is IP67 rated for water and dust as well. It runs on the A20 Pro chip. That's the same chip as the 18 Pro, the iPhone 18 Pro, I should say, as well as the N1 chip, Wi-Fi 7, Bluetooth 6, and thread connectivity.

21:41Robb Dunewood: And storage is three times as much as it used to be in 128, 256, and 512 gigabyte models. It goes up for pre-order on October 28th. Shipping starts November 6th, starting at$699. $9, man. You know, John Turnus is a hardware guy, but we got to give him some credit for guiding a domination of the conversation. The way Apple is doing things instead of one announcement in October, one in November, they're just doling out things, including the iPhone duo launching a little later. Now it's dominating the conversation for multiple reasons, which we'll get to in a minute, but like you're talking about Apple almost every day this month for something they have been putting out.

22:24And I thought this was an interesting strategy to drop the iPad mini, get people to talk about it on Monday, because they're excited to talk about what's coming Wednesday, which everybody assumes is going to be those touchscreen MacBook Pros.

22:37Robb Dunewood: It kind of reminds me, Tom, and we're getting ready for CES. And over the past several years of CES, you've had big companies that have pulled out of CES, with the exception of they also get big ballrooms right there next to CES and then have their own events every night. So there's just a little bit, something is coming from these big companies that aren't at CES, even though they aren't at CES, you still hear about them. Apple's kind of doing that. It's like, Hey, we're not going to just wait until this day. We're going to release stuff every day and control the cycle. You're going to talk about Apple here and Apple there and Apple everywhere.

23:08Robb Dunewood: And it's right now, it's turning out to be a good strategy. We have been talking about Apple all this month and we'll continue to do so through this week. Yeah. I mean, this, this is a nice iPad mini, but releasing it on Monday gives it a whole lot more attention than if it was announced along with MacBook Pros on Wednesday. You know, it is also much more expensive,$200 more expensive than the previous iPad Mini at$600 or$699, I mean. But it's a bright screen, good design. I'll be curious how that acoustic display you mentioned works with the woofers under the screen and everything. But it definitely seems like an improvement to the iPad Mini.

23:48by Wednesday, no one's going to be talking about this anymore because everybody's going to be evaluating whether they think it was a good or a bad idea that Apple went against its longstanding aversion to putting a touchscreen in their laptops.

24:02Robb Dunewood: The touchscreen argument is one that I guess Mac users have. Windows has decided we love these things. I don't use my touchscreen when my laptop is sitting on a docking station, but when I have it in my lap, I use it a lot. And I, I just got a new piece of hardware about a week and a half ago that I've constantly find myself touching the screen. Why? Because it has a touchscreen and you just can. And I think that Mac users will very, very quickly adapt to, oh, this is not bad at all. I like being able to touch it. Even if it gets smudges on it, I can get a microfiber cloth and clean it off. I like being able to touch my screen and do stuff to it.

24:38No, my old Chromebook, which I don't use as much as I used to, uh, has a touchscreen and it just became natural when it was on my lap to, for certain things, just reach up and tap or circle or whatever. And then I would still use the mouse for other things. It just kind of gave you the best of both worlds. But you're right. It's when it's in your lap, not when it's docked or sitting at a desk that that becomes useful. So I can't wait for Apple partisans to explain why now touchscreens have finally got to the point where they're useful for us. We mentioned Crackgate as the early contender for the iPhone duo's launch bug.

25:17We talked about this on Friday, and it seems like it's the winner. Estimates vary from around 10 to 30 instances so far, but it does seem like one of those things that will seem a lot bigger when you read about it on social media. But we seem to be having a few very high profile versions of this out there, but it's real. And we may have a hint as to why it's happening to the people it is happening to thanks to iFixit's teardown. iFixit gave it a 5 out of 10 for repairability, particularly praising the ease of repairing the battery, replacing the battery. The inner display and the hinge, however, bring the score down.

25:56But 5 out of 10, while it doesn't sound that great, makes it the most repairable foldable phone that iFixit has yet rated. That is probably what Apple would prefer to be the headline today. But with the reports of the cracks out there, iFixit speculated that a bar inside the hinge may be the culprit. Apple uses multiple curved guides that extend when the display is folded to try to make that screen fold smoothly and minimize the crease. There is a center bar support running along the hinge, and that drops down when you're doing the fold. iFixit made simulations with a model it created based on its own teardowns, patent filings, and CT scans, and it found that if that center bar doesn't drop far enough during a fold, it will create a stress point on the screen.

26:55And that point is exactly where most of the reported breaks are happening. So iFixit says, it seems like a failure in that center bar happening occasionally is what's causing this. They also did a test on fine particles. This is more of a warning. I don't know if this is causing any of the current problems, but your fine particles may still make it in the hinge and cause a crunch in the hinge. that can cause a green line pattern. We have seen some users with the green line pattern. That could be from fine particles getting into that hinge already. The inside of the phone itself is dust resistant.

27:28If you're like, wait, isn't this IP rated? Yeah, the phone part is, but not the hinge. iFixit says less dust gets into the iPhone Fold or the iPhone Duo, then got into the Fold 8 or the Pixel 11 Fold. They do this great test where they have like luminescent dust go in and then they can see where it went. Uh, but still maybe don't take the duo to the beach, you know, keep, keep it away from pocket sand. Another thing they found was that Apple also uses oval pixels that are aligned to blur with the nanotexture coating. So they took the nanotexture coating off and suddenly you could see the crease a lot more.

28:06Uh, but that helps make the crease less visible. In any case, if you have an iPhone duo that cracks, uh, first buy a lottery ticket because your luck has got to turn soon. And second, contact AppleCare for a replacement. Even if you bought it from a mobile phone carrier, Apple has said, we understand that a very few number of these have cracked. And if that happens, you don't have to have AppleCare, but do contact AppleCare and we'll get a replacement to you.

28:34Robb Dunewood: So we have to, again, mention that this is relatively few confirmed cases, but in the internet, whatever that number is, 20, 30, 40, just multiply it by a thousand because that's what it feels like. Exactly, yeah. Unfortunately for Apple, I've actually seen two videos of people opening up their brand new iPhone Duo in the store and it was cracked before they even set the thing up. Yeah. That doesn't, that this looks bad because of where it is. It wasn't somebody that was home and they're telling you after the fact. It's like in the store, the thing was broken. Yeah. Which can be a bit problematic.

29:11Robb Dunewood: And I do want to say this as well. All the folks who are saying, see, Samsung can't make screens. Samsung, you know, all the folks who were saying that the iPhone is so much better. Samsung made the screen. Now folks are saying Samsung can't make screens. You can't have it both ways. Should have gone with LG. It's like, it's like, yes, the screen is having an issue, but it's the hinge that is probably causing the issue, not the screen. The other thing is that I've actually heard a few people pulling off that matte finish screen protector. They say, yeah, you can see the hinge. but i like it this way better it actually looks it looks more oled so they're okay with the crease because they it makes it brighter or whatever they actually like the crease because it looks it doesn't have that matte finish yeah yeah it kind of looks a little blurry they actually liked it it's it's really clear we should say don't do that you've you immediately void your warranty on your on your brand new two thousand dollars if you pull that off so just the folks who have done it just just be noisy about it maybe apple will figure something out the next time yeah Yeah, it's worth repeating.

30:17I know everybody listening to this already knows this, but there were probably several thousand, maybe even 10 ,000 unboxings shot in Apple stores on Friday. The two that broke immediately are the ones that you're going to see. You're not going to see the other ones because they're uneventful, right? So always remember that that is a selection bias. It's not representative. But I think the other thing that might be good news for Apple is if this is going to happen, it seems to happen right away. It's not a wear and tear issue. It's something in that bar that just immediately causes a problem. And in fact, Apple said that in their official announcement, it seems to show up fairly quickly.

30:58Maybe not when you write, when you open the box, like it did in those two videos, although apparently sometimes it does, but shortly after you, you will run into this if it's going to happen to you. And there's some, some big videos out there of folks who do testing, making it happen. I don't know if they just got unlucky or if it was something where they were able to figure out because of that bar that they could do it. And some other folks have confirmed what iFixit found by taking it apart themselves.

31:25Robb Dunewood: One of the other things, Tom, is that we haven't tested it yet. Neither one of us have had these in our hands. But the rumor is that they open up fairly easily. You don't have to pry the thing apart. And many reports of people have said that they opened it up and then the screen was cracked. It didn't open easily. They almost had to use force to open it up. So, you know, so the, so that bar sounds like, like that bar could have moved after opening and closing a couple of times. And now when you open it, it's stuck. And if you force it open, that's where they actually cracking the screen comes from.

31:56Robb Dunewood: Still doesn't excuse the problem. It's still a problem. You have to be able to open your phone to be able to use it. Sure. But, um, it does, it does track with what iFixit is saying. Yeah, yeah. And, you know, kudos to iFixit. I love that they're using like CT scans to make simulations. They're the best. Big shout out to iFixit and everything they do. Real quickly, folks, it's free preview week. If you're following our Patreon at the free level, everything we offer this week is going to be available to everyone. You don't have to pay for it. And if you're not following the Patreon, you might want to go check it out.

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33:04Robb Dunewood: This episode is brought to you by Capital One. Capital One's tech team isn't just talking about multi-agentic AI. They already deployed one. It's called Chat Concierge and it's simplifying car shopping. Using self-reflection and layered reasoning with live API checks, it doesn't just help buyers find a car they love. It helps schedule a test drive, get pre-approved for financing, and estimate trade-in value. Advanced, intuitive, and deployed. That's how they stack. That's technology at Capital One. Your daily supplement routine doesn't need to be managing a handful of different bottles. Onnit's Total Human brings key research-based vitamins, minerals, herbs, and amino acids together in convenient day and night packs.

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34:12Let's get to those quick headlines because they will, guaranteed, probably make you smart.

34:19Robb Dunewood: Bloomberg reports that Apple is using its Presto technology, which can update operating systems without opening the sealed box and can now also run diagnostics on return iPhones without opening them. that way phones in a sealed box that are perfectly fine don't need to be sent back to the warehouse but a thief trying to pass off a broken phone as new will get caught without having to open the box i hadn't thought about this if you bring a new iphone back to the store and say you know what i changed my mind we don't want this they will open it to make sure it's new and you may have wondered like why would they do that because some people are clever they like pull out parts from a new iPhone, keep them, seal it back up, return it as new.

35:02So Apple has to verify that works. This way they can verify it works and not have to then sell it as used because it's still new and it's in a sealed box.

35:11Robb Dunewood: This is why it's so dangerous to buy iPhones brand new in the box from people on the street. Might turn out to be a couple of slices of potato. Yeah. Unless you have Apple's Presto technology with you to determine whether there's a potato in that box or not, don't buy it on the street. Anthropic reported Sunday that an internally run version of the Claude model had figured out a way to get past a paywall and access publicly available aggregated Georgia voter counts. This was an internal model working on statistical problems for Anthropic. It didn't change any of the data. It actually didn't get anything that you or I couldn't get.

35:49It's just that we would have to pay the fee and it figured out how to see it without having to pay the fee.

35:54Robb Dunewood: streams personal calendars out of beta the feature gathers games and recent releases it thinks you might be interested in based on what it knows about you and arranges them by release date just for you yeah this one's been in beta for a while and people really people people are way into steam anyway really really like it scientists at the university of sao paulo in brazil and the beijing institute of technology in china have published a solution to the problem of how to read a qubit in a quantum computer without needing auxiliary qubits and without destroying the information it contains. You know, the thing about quantum stuff is when you measure it, it changes it.

36:30So you have to do this big dance to get around like measuring a qubit to see what it says, because you're going to change it when you do that. So you have these auxiliary qubits that slows things down. This method could significantly speed up quantum computers. I'm going to say some things that if you know, you know, and if you don't, don't worry about it. They used an Andrejev qubit, which occurs near superconductors, and then measured the magnetic state of the current flowing through the circuit to infer the state of the qubit. Now, that still has a little bit of an effect on the qubit, but it's not the same as directly measuring the qubit.

37:07And the state change of the qubit is so small, it doesn't destroy the information. So this, if it works at scale and gets replicated, could really advance quantum computers' usage quite a bit.

37:19Robb Dunewood: You know, Tom, I have zero experience with quantum computing, but that sounds exactly how they should have run these tests. That sounds about right. Yeah. Good. I'm glad you think so, too, because I am in the same level of quantum computing direct experience, and I agree. Starting in November, Microsoft will use LLMs and conversation contacts and teams to identify suspicious behavior like phishing attempts and warn users. The feature focuses on external first contact chats. The music publishers who own the rights to Elvis Presley's music, that includes Authentic Brands Group, Raleigh Music Company, and a couple of other entities, I think even one individual is in this group, are suing Anthropic for allegedly removing DRM and copyright management information from 247 songs to train models on them.

38:07That's a good move because Anthropic says it was fair use to train them. We didn't actually copy them. We just examined them. But if you remove DRM for any reason, you are in violation of the Digital Millennium Copyright Act in the United States. So I'm going to keep an eye and see if this one does better than some of the other court cases.

38:29Robb Dunewood: Instagram expanded a test on Monday, allowing horizontal videos up to 90 minutes long for select U.S. creators. Some Brazilian creators have this feature already. The idea is to get people to go from short reels to a clip of the full video. Instagram is also adding its app to Apple TV. It's already on Samsung's TV, Fire TV, and Google TV. And I actually have it on Google TV. And I am looking forward to this because I think Instagram or Meta has now said we have to figure out a way to keep YouTube from just kicking our behind in anything long form. And this is probably their first real stab at it.

39:01I mean, we're not a select creator yet, but as soon as Instagram makes us one, we'll be doing this. I'd love to host the videos there as well. Volkswagen and Xpeng received permission to test autonomous driving on public roads in China. VW gets to test its level three technology. That's the technology where you have to be ready to take over, but you don't have to be paying attention all the time. They'll be doing that in Heifei. And Xpeng is going to test level four. That's like Waymo, where you don't even need to drive. They'll be testing that tech in Guangzhou.

39:35Robb Dunewood: Google is deploying its Beam 3D video conferencing tech at 20 USO locations around the world. Beam uses six cameras, some video models, and special lighting to display people as 3D models in real time. Yeah, that's pretty cool. You do have to go into their installation to do it, but it's way higher res than FaceTime. I like that one. That's a good use of that. Yeah, it definitely is. Well, folks, we end every episode of DTNS with some shared perspectives. And today, Michael notes that PHP cleanup isn't just for websites. Ah, yes. PHP to shell. It was last week's big news, but it's not over yet.

40:12Michael writes, I work in InfoSec and we are still trying to clean up the mess of hundreds, likely thousands of usages of PHP focused on externally facing instances, but we still want to clean up and remediate internal only facing implementations. Many management interfaces for large edge Edge firewalls have PHP that needs to be patched, but most of those aren't externally faced. Good reminder that there's those edge cases, like literally edge cases, edge firewalls here that need to be addressed as well. Thank you for that, Michael.

40:47Robb Dunewood: Yeah, this is a big deal for companies. It seems like the story's over because the internet didn't go down. But there's a lot of companies, as Michael writes here, there's a lot of folks that they still have weeks, if not months of work that they've got to go do. Those people actually fixing it right now are like, yeah, it's over. Great. Because they're still hammering away at it. Over time is more like it because that's what they're putting in to get the problem addressed. Exactly. Well, folks, we love to know what you're thinking about. So if you've got insights into a story, please, please, please share it with us at feedback at dailytakenewshow.com.

41:22Yeah, just like Michael. That's exactly the kind of like on-the-scene expertise that people actually have. We love sharing with folks. Thank you, Michael. We'll thank you for being along for Daily Tech News Show. You're the folks who keep us in business. Don't forget to take advantage of that new patron discount at patreon.com slash DTNS.

41:46Robb Dunewood: The DTNS family of podcasts. Helping each other understand. Diamond Club hopes you have enjoyed this program.

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