Ambarella shares soar 17% on report chip designer is exploring sale
cnbc - The California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence.
Back to Top / Tuesday, June 24, 2025, 1:21 pm / permalink 8721 / 1 stories in 8 months
Polymarket nears $200M funding to secure unicorn status
Polymarket is poised to raise $200 million, a move that would cement its unicorn status with the backing of high-profile investors including Thiel’s Funders Fund. The funding round signals robust market confidence in decentralized prediction platforms and underscores growth prospects in the fintech arena.
Back to Top / Tuesday, June 24, 2025, 11:21 am / permalink 8709 / 0 stories in 8 months
Apple Joins China Subsidy Program in Effort to Counter Declining Sales
Hartley Charlton / macrumors - Apple has joined China's national digital product subsidy program through its own direct sales channels for the first time, enabling eligible customers in Beijing and Shanghai to receive government-backed discounts on select iPhones, iPads, Apple Watches,…
Back to Top / Tuesday, June 24, 2025, 11:21 am / permalink 8707 / 2 stories in 8 months
Rogers to Shut Down Shaw Wi-Fi Hotspots, Freedom Mobile Cut Off
Austin Blake / iphoneincanada - Rogers is shutting down the Shaw WiFi hotspot network on July 21, ending public access to thousands of hotspots across Western Canada—and Freedom Mobile customers will feel the impact. A banner on the Shaw internet Wi-Fi website reads: “Rogers WiFi Hotspo…
Back to Top / Monday, June 23, 2025, 6:21 pm / permalink 8665 / 2 stories in 8 months
Super Micro seeks $2 billion convertible bond offering, shares react
Super Micro has announced plans for a $2 billion convertible bond offering as it looks to leverage current market conditions to fuel future growth. The news has already rattled investors, with shares dipping as market participants digest the implications of taking on significant new debt.
Back to Top / Monday, June 23, 2025, 3:21 pm / permalink 8645 / 2 stories in 8 months
Musk lawyers claim the billionaire doesn’t even use a computer
In a head-scratching legal filing that defies the very tech-savvy image he projects, Elon Musk’s attorneys assert that he doesn’t actually use a computer. The odd claim has raised eyebrows about how one manages a tech empire without being tethered to digital devices.
Back to Top / Monday, June 23, 2025, 3:20 pm / permalink 8640 / 3 stories in 8 months
Bill Gates and Linus Torvalds meet for the first time at tech titans' dinner
techspot - Microsoft chief technical officer Mark Russinovich posted evidence of the historic dinner in a LinkedIn post. Dave Cutler, the legendary programmer and lead architect of the Windows NT kernel, was also present, completing this meeting of tech titans.Read …
Back to Top / Monday, June 23, 2025, 11:21 am / permalink 8614 / 2 stories in 8 months
Wolfspeed to file for bankruptcy as part of major restructuring plan
Swagath Bandhakavi / techmonitor - Wolfspeed has announced its intention to file for Chapter 11 bankruptcy as part of a comprehensive restructuring strategy.
Back to Top / Monday, June 23, 2025, 10:21 am / permalink 8609 / 2 stories in 8 months
MindsEye Maker Reportedly Facing Mass Layoff As Players Seek Refunds
Ethan Gach / kotaku - Things are going from bad to worse for Build A Rocket Boy. The studio founded by former Grand Theft Auto producer Leslie Benzies is reportedly facing a mass layoff of over 100 employees after MindsEye launched to become the worst-rated game of 2025. Despi…
Back to Top / Monday, June 23, 2025, 9:21 am / permalink 8598 / 3 stories in 8 months
Dutch fintech Finom raises 115m and eyes M&A
sifted -
Back to Top / Monday, June 23, 2025, 3:20 am / permalink 8585 / 2 stories in 8 months
OpenAI and Jony Ive’s ‘io’ brand has vanished, but their AI hardware deal remains
Hayden Field / theverge - OpenAI has scrubbed mentions of io, the hardware startup co-founded by famous Apple designer Jony Ive, from its website and social media channels. The sudden change closely follows their recent announcement of OpenAI’s nearly $6.5 billion acquisition and …
Back to Top / Sunday, June 22, 2025, 5:20 pm / permalink 8579 / 5 stories in 8 months
Remedy Is Bringing Major Changes To FBC: Firebreak After Launch Backlash
Aron Garst / gamespot - FBC: Firebreak is getting a number of changes after the three-player cooperative shooter faced a wave of backlash from frustrated fans this week. Players found problems with matchmaking, a lack of tutorials, and a lack of progression via unlockable cosmet…
Back to Top / Friday, June 20, 2025, 3:21 pm / permalink 8505 / 3 stories in 8 months
SpaceX competitor Eutelsat raising €1.35B in new funding
Maria Deutscher / siliconangle - French satellite operator Eutelsat SA today disclosed that it’s raising €1.35 billion in new funding to support growth initiatives in a deal set to close by year’s end. More than half the capital, or €717 million, will be provided by the French government…
Back to Top / Thursday, June 19, 2025, 8:20 pm / permalink 8448 / 1 stories in 8 months
Krispy Kreme says November data breach impacts over 160,000 people
Sergiu Gatlan / bleepingcomputer - U.S. doughnut chain Krispy Kreme confirmed that attackers stole the personal information of over 160,000 individuals in a November 2024 cyberattack. [...]
Back to Top / Thursday, June 19, 2025, 9:21 am / permalink 8390 / 2 stories in 8 months
Microsoft to axe ‘thousands’ of its sales staff, Bloomberg reports
Suhasini Srinivasaragavan / siliconrepublic - More job cuts are expected at Microsoft, which announced layoffs affecting 6,000 just last month.Read more: Microsoft to axe ‘thousands’ of its sales staff, Bloomberg reports
Back to Top / Thursday, June 19, 2025, 4:20 am / permalink 8380 / 5 stories in 8 months
Elon Musk’s xAI Is Reportedly Burning Through $1 Billion a Month
Lucas Ropek / gizmodo - Musk's new AI business is a cash-hungry monster.
Back to Top / Wednesday, June 18, 2025, 3:21 pm / permalink 8355 / 4 stories in 8 months
OpenAI is winding down its work with Scale AI, whose founder is joining Meta
cnbc - OpenAI has been winding down its work with Scale AI over the last year, according to a spokesperson.
Back to Top / Wednesday, June 18, 2025, 12:21 pm / permalink 8331 / 3 stories in 8 months
Salesforce hikes prices with AI-enhanced CRM and Slack update
Salesforce has raised prices for its CRM products while introducing AI enhancements for Slack. The strategy, a clear nod to the evolving tech landscape, is designed to leverage AI’s promise to justify the cost increase—pending customer reactions that are, naturally, as mixed as the very algorithms they tout.
Back to Top / Tuesday, June 17, 2025, 10:20 pm / permalink 8291 / 1 stories in 8 months
JetBlue Is Slashing Flights and Cutting Costs. Here's What Travelers Should Know
Macy Meyer / cnet - JetBlue is pulling back on routes to several US states and major metropolitan cities.
Back to Top / Tuesday, June 17, 2025, 5:21 pm / permalink 8271 / 1 stories in 8 months
xAI’s New $9.3B Debt Gamble: Elon Musk’s Urgent Push for AI Dominance
Markus Kasanmascheff / winbuzzer - Elon Musk's xAI is aiming to raisE a staggering $9.3 billion in a high-stakes gamble to fund its 'Colossus' supercomputer and push its controversial Grok AI into the enterprise market, challenging industry giants.The post xAI’s New $9.3B Debt Gamble: Elon…
Back to Top / Tuesday, June 17, 2025, 4:21 pm / permalink 8263 / 2 stories in 8 months