5 place 69
You could be forgiven for missing, amid the onslaught of tech company earnings news lately, what may be the most startling business story of the week. That would be the plan by enterprise software and bitcoin investment firm MicroStrategy to raise a massive $42 billion over the next three years to buy more bitcoin, using equal parts debt and equity. The total raised would nearly double MicroStrategyâs size, given that it has an enterprise value now of about $50 billion.Close watchers of the company may not.
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The Information
The first wooden data centres by Microsoft aim to reduce carbon emissions by up to 65%. The company is overhauling supplier contracts to require carbon-free electricity use by 2030. In northern Virginia, Microsoft is undertaking an unconventional experiment: building data centres with wood. The company uses cross-laminated timber (CLT), a specialised engineered wood product, in... Read more » Read more âș
4,373 fresh
Young voters in Nevada, many of whom didn't grow up with cursive in school, are having difficulty voting, the secretary of state said Tuesday. Read more âș
810 fresh
Following a seemingly solid launch for Dragon Age: The Veilguard, there's probably a fair few series newcomers considering delving into the original trilogy. But anyone hoping for a Mass Effect: Legendary Edition style remaster shouldn't hold their breath; Dragon Age: The Veilguard creative director John Epler says the project would be challenging because hardly anyone left at BioWare knows how the studio's old engine works. Read more Read more âș
680 fresh
Amazon CEO Andy Jassy denied that the company's return-to-office policy is a 'backdoor layoff,' amidst rumors of quiet firing strategies. Read more âș
649 fresh
Illustration: Cath Virginia / The Verge; Photo: Getty Images Elon Musk is a busy man right now. Heâs supposedly running X, SpaceX, Tesla, and Neuralink, all while actively campaigning for Trump. But despite those myriad concerns, Musk still finds the time to play Diablo 4. Heâs even said heâs pretty good at it, claiming in a recent interview with Joe Rogan that heâs in the top 20 of Diablo 4... Read more âș
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On Tuesday, Amazon CEO Andy Jassy told employees several ways he aims to cut bureaucracy, including by chopping manager ranks. Read more âș
463 fresh
Review aggregation site Metacritic has spoken out in response to the ongoing review bombing of Dragon Age: The Veilguard by online commenters upset at the game's inclusive characters and themes. Read more Read more âș
434
Chelsey Nelson moved from the US to Australia to be with her boyfriend. They get taxed 39% of their income and they could still afford to buy a house. Read more âș
411
At an Arizona polling location, a college GOP group, supporters of an antisemitic influencer, and a Christian nationalist pastor were handing out hot dogs and burgersâbut only if you voted for Trump. Read more âș
383 fresh
Part of BTCâs spike could be attributed to a $94 million liquidation of bearish or hedged bets against the asset, Coinglass data shows, as Trump leads in early voting. Read more âș
381 fresh
American automaker General Motors (GM) last year announced it would be phasing out support for CarPlay and Android Auto in its new electric vehicles, in favor of its own software platform called Ultifi. The decision has been very controversial, as many drivers consider CarPlay to be a must-have feature in a new vehicle. In 2022, for example, Apple said 79% of U.S. buyers would only consider a vehicle that works... Read more âș
370
The Internet Archive is continuing the recovery process after a series of DDoS attacks that took down its servers in early October. On Monday, the nonprofit digital library posted on X that its 'Save Page Now' service has been restored to the Wayback Machine. Save Page Now is back online via the Wayback Machine: https://t.co/0x24WHlhAcWeb pages archived since October 9 will start being added to @waybackmachine. pic.twitter.com/fbQxXKSRL5â Internet Archive (@internetarchive)... Read more âș
363 fresh
The results arenât in yet, but if Donald Trump ends up winning the 2024 presidential election and regaining the presidency, he could radically reshape international politics. Trump has made very clear on the campaign trail that he believes major changes to US foreign policy are necessary: âWe have been treated so badly, mostly by allies [âŠ] Read more âș
348 fresh
Microsoft and Amazon tried to make alternatives to Google and Apple's mobile platforms. And we know how that turned out. Read more âș
333
Social media companies that once at least tried to promote a healthy information ecosystem have largely given upâand insiders say Muskâs example gave them cover. Read more âș
316 fresh
Matthew Lillard told BI that he worried that going on "Dancing with the Stars" would ruin his chances of someday winning an Oscar. Read more âș
303 fresh
Apple updated its list of "risk factors" with new language about future product profitability, geopolitical tensions, and AI features. Read more âș
294 fresh
Fast-food chains like McDonald's, KFC, and Burger King face declining sales in the US as rising prices deter customers. Read more âș
280
Google recently announced that Android 16 will be arriving earlier than its predecessor, with the launch scheduled to take place within the second quarter of next year, so between April and June. Today a new rumor claims to give us the exact release date: June 3. That's not just the day on which the code will be released to the Android Open Source Project, but apparently it's also when the... Read more âș
271 fresh
The Information
You could be forgiven for missing, amid the onslaught of tech company earnings news lately, what may be the most startling business story of the week. That would be the plan by enterprise software and bitcoin investment firm MicroStrategy to raise a massive $42 billion over the next three years to buy more bitcoin, using equal parts debt and equity. The total raised would nearly double MicroStrategyâs size, given that... Read more âș
69
TikTok parent ByteDance increased its international revenue more than 60% to about $17 billion in the first half of 2024, according to two people with knowledge of the financial results. As TikTok accounts for most of ByteDanceâs revenue outside China, the growth suggests that TikTokâs advertising and other businesses have remained strong despite the threat of a U.S. ban. ByteDanceâs overall revenue in the first halfâmainly coming from advertising and... Read more âș
62
Last summer, online cookware brand Made In saw customersâ requests for refunds nearly double in terms of dollar value in just a month. Soon after, instead of returned merchandise, empty envelopes and boxes filled with junk, like plastic toys, began to show up at Made Inâs fulfillment center. Made In executives realized that the surge in returns was a coordinated, large-scale effort, likely stemming from online fraud groups on Telegram... Read more âș
55
Artificial intelligence is supposed to transform the business world and boost the software industry thatâs selling it. But as companies spend more money on chatbots and other conversational AI (see related chart), some say they plan to reduce spending on other types of software, such as expensive enterprise applications and non-AI cloud services. That could limit the upside from AI for providers of cloud services and enterprise software. Take C1,... Read more âș
34
Amazon expects to boost capital expenditures in 2025, exceeding this yearâs spending of roughly $75 billion, driven primarily by new infrastructure to support the companyâs artificial intelligence and cloud business, executives said Thursday. The company reported a record $22.6 billion in ... Read more âș
24
After competing on âMasterChefâ in 2019, Nick DiGiovanni started posting videos on YouTube, including an elaborate dessert he planned if heâd made it to the finale, and on TikTok where he started going viral for making mini gourmet meals for his pet hamster, Pesto.  Now 28, he turned that TV appearance and initial momentum on social media into a full-time career as a creator. While he makes most of his... Read more âș
21
Will Microsoft, Google and Meta's outsize investments in artificial intelligence produce outsize profits? Perhaps, but shareholders realized this week they'll have to wait longer to find out. September quarter reports from several big tech companies showed that while their business and consumer customers spent more on conversational AI services such as ChatGPT in the third quarter, it's far from going gangbusters. And what growth is being achieved may be offset... Read more âș
18
T-Mobile agreed to pay OpenAI roughly $100 million over the next three years as part of a deal to use the startupâs technology, The Information reported on Monday. T-Mobile is paying to use OpenAIâs models to develop a new customer service chatbot that will aim to remember customer-specific data ... Read more âș
18
Nothing particularly frightening emerged from the two big tech goliaths that reported September quarterly results tonight, Apple and Amazon. But they offered nothing particularly cheery, either.For both companies, the updates had a mix of good and bad news. Apple, for instance, reported 6% top-line growth for the September quarter, its best quarterly growth number in two years. That was thanks to 5.5% growth in iPhones, twice the improvement of the... Read more âș
14
Shortly after 2 a.m. on a Saturday in a midtown Manhattan sports bar packed with Aussies, Dr. Tom Oxley was feeling stunned. The underdog Brisbane Lions, his longtime favorite Australian rules football club, was up 73 to 27 against the Sydney Swans going into the second half of the championship match. âItâs a good start,â Oxley acknowledged, clad in his typical game-day fit, a maroon, blue and yellow Lions jersey.... Read more âș
12
Most popular sources
Business Insider
|
30% 16 |
Android Authority
|
12% 8 |
MacRumors
|
10% 6 |
Eurogamer.net
|
8% 5 |
Tom's Hardware
|
7% 1 |
| View sources » | |
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05.11.2024 23:36
Last update: 23:30 EDT.
News rating updated: 06:30.
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