3.8 • 950 Ratings
🗓️ 12 March 2025
⏱️ 5 minutes
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0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
0:08.0 | Good morning. Today is Wednesday, March 12th. I'm Julie Morgan. Google reportedly looks to snap up an eye-tracking startup, a cryptic teaser from Palantir, and McDonald's is working on a new strategy. |
0:22.9 | Google is reportedly nearing a deal to purchase ad hoc microsystems. |
0:27.6 | According to Bloomberg, this could bolster its re-entry into the smart glasses or augmented reality headset market. |
0:34.7 | Ad hoc is a startup based in Canada that specializes in producing eye-tracking |
0:39.4 | technology, which is crucial in developing augmented and virtual reality headsets. The report says |
0:45.5 | Google intends to buy the company for $115 million, with an agreement completed possibly as early |
0:51.9 | as this week. If the deal is completed, ad hoc would join Google's |
0:56.3 | Android XR team. Palantir posted a 15-second teaser on X, which points to some type of |
1:03.9 | significant announcement on Thursday, March 13th. Yes, tomorrow. The teaser starts with a series |
1:10.4 | of symbols around the number six. |
1:13.1 | The symbols include the Palantir logo, a four-pointed star, its AIP logo, and an hourglass. |
1:20.4 | It then transitions to a clock starting at five and is headed towards an encircled six. |
1:25.6 | It features images of a sunrise or sunset, |
1:28.9 | another of possibly a rising or setting planet, |
1:31.8 | and of what appears to be a view of traveling at light speed through space. |
1:36.4 | One commenter said the six could be a reference to Palantir holding a sixth AIP con. |
1:42.2 | Last September, Palantir held its fifth AIP con, which was live streamed. |
1:46.7 | It featured multiple companies and agencies presenting work they were doing with Palantir's |
1:52.5 | artificial intelligence software platform. |
1:56.5 | McDonald's is working on increasing traffic by speeding up the process from R&D to implementation with a new management team. |
2:04.6 | According to the Wall Street Journal, McDonald's CEO has a new strategy for greater nimbleness in the innovation process, |
... |
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