Japan's Chiikawa understands our anxiety

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Tech Across the Globe

iPhone surprise: Apple reported its fastest quarterly sales growth in more than three years, easily beating Wall Street's ho-hum predictions.

Epic wins: Google lost its appeal of a judge's order requiring an overhaul of its Android app store policies in an antitrust case filed by Fortnite maker Epic Games.

Cool Nintendo: The record-breaking Switch 2 racked up more than 6 million sales in its first seven weeks on the market, but Nintendo kept its ultra-conservative forecast to sell 15 million units in the year to March.

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Revalued

Design software company Figma watched its shares jump 250% in its first day of trading Thursday as a public company, giving it a market value of $56.3 billion. The firm agreed in 2022 to be acquired for $20 billion by Adobe, before pressure from regulators spurred Adobe to back out of the deal.

Must Read

Have you heard of Chiikawa? It's the latest in a long line of exceedingly cute Japanese characters to sweep across the consumer economy and spark sentimental purchases, from McDonald's Happy Meals to branded incense. Chiikawa has a peculiar appeal, working menial jobs and fighting monsters in between idyllic chats with friends, and Natsuko Katsuki delves into what makes this an enduring protagonist for our time.

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This Week in Q&AI

Anthropic is in talks for an investment from Qatar's sovereign wealth fund, a surprise considering the company's co-founder and CEO had raised concerns about putting AI in the hands of authoritarian regimes, Shirin Ghaffary reports in this week's Q&AI. But the move is yet another example of how much money it takes to develop cutting-edge AI models, she writes.

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