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Supermicro’s earnings, revenue and guidance all fall short, and its stock craters

Mike Wheatley / siliconangle - Artificial intelligence server maker Super Micro Computer Inc. posted a declining profit today as it missed expectations on both earnings and revenue, sending its stock south in extended trading. The company reported fourth-quarter earnings before certain…

#stockmarket #earnings #business

7 months / cnbc


Back to Top / Tuesday, August 5, 2025, 9:20 pm / permalink 11702 / 2 stories in 7 months


Roku Just Launched an Ad-Free Streaming Service for $2.99 a Month

Bruce Gil / gizmodo - Say hello to Howdy.

#streaming #entertainment #business

7 months / appleinsider


Back to Top / Tuesday, August 5, 2025, 3:21 pm / permalink 11671 / 2 stories in 7 months


JetBrains Enters AI No-Code Fray with Kineto, Challenging Google and Microsoft

Markus Kasanmascheff / winbuzzer - Developer tools vendor JetBrains has launched Kineto, an AI-powered no-code platform, placing it in direct competition with app builders from Google and Microsoft.The post JetBrains Enters AI No-Code Fray with Kineto, Challenging Google and Microsoft appe…

#ai #software #business #apps

Back to Top / Tuesday, August 5, 2025, 2:21 pm / permalink 11665 / 2 stories in 7 months


Former X CEO Linda Yaccarino takes helm at digital health company eMed

cnbc - Yaccarino stepped down as CEO of Elon Musk's social media platform X in July.

#digitalhealth #business

7 months / cnbc


Back to Top / Tuesday, August 5, 2025, 10:20 am / permalink 11630 / 3 stories in 7 months


Palantir tops $1 billion in revenue for the first time, boosts guidance

cnbc - Palantir surpassed Wall Street's estimates and lifted its full-year outlook

#earnings #business #palantir

7 months / cnbc


Back to Top / Monday, August 4, 2025, 4:20 pm / permalink 11594 / 5 stories in 7 months


Firefly Aerospace lifts IPO range that would value company at more than $6 billion

cnbc - Firefly Aerospace lifted the share price range for its upcoming IPO, in a move that would value the space technology company at more than $6 billion.

#stockmarket #investment #business

7 months / cnbc


Back to Top / Monday, August 4, 2025, 3:21 pm / permalink 11586 / 1 stories in 7 months


Raven Software gets its union contract with Microsoft three years after voting to organize

Lawrence Bonk / engadget - Employees at Raven Software, known for its work on the Call of Duty franchise, finally have a union contract with Microsoft. This happened nearly years after quality assurance (QA) workers at the company voted to unionize.Workers voted unanimously to rati…

#gaming #microsoft #business #unions

Back to Top / Monday, August 4, 2025, 2:20 pm / permalink 11580 / 2 stories in 7 months


Amazon shuts down Wondery podcast studio, cuts 110 jobs

Aisha Malik / techcrunch - Despite securing big names in the business, the company is now shifting its strategy in an effort to better compete with rivals like Spotify and YouTube.

#amazon #entertainment #business #layoffs

Back to Top / Monday, August 4, 2025, 9:20 am / permalink 11548 / 5 stories in 7 months


Spotify Implements Third Price Hike Amid Rising Costs

Spotify has announced a fresh subscription price increase—its third in three years—with adjustments set to affect users outside the U.S. The move reflects the streaming giant’s response to rising operational costs and competitive pressures, signaling another recalibration of its pricing strategy amid a challenging market landscape.

#business #pricing #music #economy

7 months / appleinsider


Back to Top / Monday, August 4, 2025, 8:21 am / permalink 11546 / 9 stories in 7 months


BP Unveils Largest Offshore Oil Discovery in 25 Years

BP announced its biggest oil and gas discovery in a quarter-century off Brazil’s coast, a striking win that is expected to reshape its production outlook and stir investor interest. The finding marks a pivotal moment as the energy giant positions itself amid a shifting global market.

#energy #oil #business

7 months / google


Back to Top / Monday, August 4, 2025, 7:20 am / permalink 11541 / 1 stories in 7 months


Tesla board awards $29bn of shares to Elon Musk - Financial Times

google - Tesla board awards $29bn of shares to Elon Musk Financial Times

#tesla #stockmarket #business

7 months / techspot

7 months / cnbc

7 months / google


Back to Top / Monday, August 4, 2025, 7:20 am / permalink 11540 / 13 stories in 7 months


OPEC+ boosts September oil output with significant bpd hike

OPEC+ members have reached an accord to raise oil production quotas for September, marking the highest output level in two years. The decision, which includes a 548,000 barrels per day increase, aims to stabilize markets amid fluctuating demand, reflecting a rare show of unity among the producing nations.

#energy #oil #stockmarket #business

7 months / google


Back to Top / Sunday, August 3, 2025, 11:20 am / permalink 11516 / 1 stories in 7 months


Apple Sues Movie Theater Chain With Similar 'Apple Cinemas' Name

Joe Rossignol / macrumors - In a federal court in Massachusetts on Friday, Apple sued a small movie theater chain named Apple Cinemas over alleged trademark infringement."Apple Cinemas is knowingly and intentionally using the name Apple to sow confusion for its own benefit," alleged…

#apple #business #law

7 months / appleinsider


Back to Top / Saturday, August 2, 2025, 12:20 pm / permalink 11501 / 2 stories in 7 months


Mastercard Denies It Pressured Steam, Itch.io to Delist Adult Games

Rebekah Valentine / ign - Mastercard has issued a statement claiming is has "not required restrictions of any activity on game creator sites and platforms", despite allegations from both Steam and itch.io to the contrary.

#gaming #techpolicy #business #payments

Back to Top / Friday, August 1, 2025, 4:21 pm / permalink 11475 / 2 stories in 7 months


T-Mobile now officially owns UScellular

Will Shanklin / engadget - T-Mobile has sealed the deal on its UScellular acquisition. In exchange for $4.3 billion, T-Mobile gets UScellular’s customers, stores and 30 percent of its spectrum.If you’re a UScellular customer, you don’t have to do anything. "UScellular customers sta…

#mobiletech #business #wireless #acquisitions

Back to Top / Friday, August 1, 2025, 4:21 pm / permalink 11474 / 3 stories in 7 months


Reddit Shifting Towards Search as Company Wants to Become a Search Engine

Alex Valdes / cnet - Reddit CEO Steve Huffman wants to expand Reddit Answers to capitalize on increasing demand for Reddit results.

#business #internet #reddit

Back to Top / Friday, August 1, 2025, 3:20 pm / permalink 11469 / 2 stories in 7 months


Vast Data in talks for massive funding round with Nvidia CapitalG

Vast Data is reportedly deep in discussions to secure a high-stakes funding round with Nvidia CapitalG, a deal that could catapult its valuation dramatically. This financial maneuver is setting the tech world abuzz as the company aims to capitalize on surging demand for advanced data storage solutions.

#bigdata #vc #nvidia #business

Back to Top / Friday, August 1, 2025, 12:21 pm / permalink 11449 / 2 stories in 7 months


Telus to sell 49.9% stake in wireless infrastructure to La Caisse

Jonathan Lamont / mobilesyrup - Vancouver-based national telecom Telus confirmed that it’s selling a 49.9 per cent stake in its wireless tower infrastructure. Quebec-based La Caisse, a global investment group and Canada’s second-largest pension fund, will acquire a stake in Terrion, Tel…

#business #canada #wireless #acquisitions

Back to Top / Friday, August 1, 2025, 12:21 pm / permalink 11448 / 2 stories in 7 months


Microsoft kills Windows 11 SE, another in a long line of failed ChromeOS competitors

Andrew Cunningham / arstechnica - Windows 11 SE was made for school laptop fleets where ChromeOS has made inroads.

#windows #microsoft #business

7 months / tomshardware


Back to Top / Friday, August 1, 2025, 10:21 am / permalink 11436 / 6 stories in 7 months


Apple Reports 3Q 2025 Results: $23.4B Profit on $94B Revenue

Jordan Golson / macrumors - Apple today announced financial results for its third fiscal quarter of 2025, which corresponds to the second calendar quarter of the year.For the quarter, Apple posted revenue of $94.0 billion and net quarterly profit of $23.4 billion, or $1.57 per dilut…

#apple #earnings #business #iphone

7 months / appleinsider

7 months / google

7 months / cnbc


Back to Top / Thursday, July 31, 2025, 4:21 pm / permalink 11389 / 17 stories in 7 months


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Pentagon labels Anthropic a supply‑chain risk; company vows legal fight

The Pentagon has designated Anthropic and its products as a “supply‑chain risk,” prompting the company to announce a court challenge. Experts warn the move could chill collaboration and talent flows into AI, while Anthropic insists it will contest the determination to protect its operations and customers. More...


Oracle and OpenAI scrap Texas data-center expansion; Meta eyes the spare capacity

Oracle and OpenAI have abandoned plans to expand a flagship Texas data center, leaving substantial compute capacity up for grabs. Nvidia reportedly brokered interest from Meta to take the unused slots as OpenAI downscales that particular buildout, a move that rattled markets and highlights shifting demand for large-scale on-prem AI infrastructure. More...


SoftBank seeks massive $40B loan to back OpenAI investment, courting big risk

SoftBank is reportedly seeking up to a $40 billion loan to finance its planned stake in OpenAI, an audacious use of leverage to double down on the AI boom. The move would be one of the largest single‑company financing gambits in recent memory, raising questions about balance‑sheet strain versus potential upside. More...


OpenAI launches Codex Security agent to automatically detect software vulnerabilities

OpenAI rolled out Codex Security, an AI agent that scans codebases to find complex vulnerabilities, suggests actionable fixes, and uses sandbox testing to limit false positives. The tool has already flagged issues in major projects and aims to compete with traditional application security tooling by automating deep, contextual code review. More...


Google releases Workspace CLI enabling AI agents to access Gmail, Drive, Calendar

Google has shipped an open-source Workspace CLI that gives AI agents like OpenClaw programmatic access to Gmail, Drive, Calendar and other Workspace services via a built-in MCP server. The tool standardizes agent integration, making it easier — and slightly creepier — for automated assistants to act on users’ behalf across core productivity apps. More...



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