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News
GoPro just avoided bankruptcy with a $285 million rescue deal
1+ week, 3+ day ago (27+ words) As part of the proposed acquisition, GoPro shareholders will receive $285 million in cash, or $1.14 per share, while retaining approximately a 10% stake in the combined......
The FTC sues Amazon over alleged $20 billion scheme to raise marketplace ad prices
1+ week, 3+ day ago (136+ words) The case involves Sponsored Products, Sponsored Brands, and Sponsored Display ads, which appear in search results and on product pages across Amazon's website and app. Sellers use......
SteamDB acquired by Nexus Mods owner Chosen after founder says burnout made running the site unsustainable
1+ week, 3+ day ago (65+ words) Djundik writes that he started SteamDB with fellow co-founder Marlamin back in 2013. As the site grew in popularity, so did the workload. Marlamin later stepped back......
John Ternus starts his first day as Apple CEO with a foldable iPhone on deck and a long list of problems to solve
1+ week, 4+ day ago (123+ words) Ternus is regarded inside Apple as a leader who can move between broad product planning and the technical details of a device, a skill Tim Cook highlighted......
Nvidia's $63 billion stock portfolio is a map of its own supply chain
1+ week, 6+ day ago (620+ words) The takeaway: Nvidia's latest 13F reveals a $63.4 billion portfolio of US stocks, and it is very lopsided. Intel and SpaceX account for roughly 80% of it. But the filing's most interesting detail is what didn't happen: seven of the eight positions were…...
Micron's workers want the AI boom bonuses SK Hynix and Samsung already gave theirs
2+ week, 18+ hour ago (68+ words) Taiwan-based media recently reported that Micron's two primary unions are dissatisfied with worker compensation amid the company's ballooning profits. The unions could threaten to strike, potentially disrupting......
Universities are charging up to $28,000 to train executives to become chief AI officers
2+ week, 4+ day ago (90+ words) The University of Chicago's Booth School of Business is one of the leading business schools to have launched a program for prospective chief AI officers. According to......
Stripe says the singularity began eight months ago as it makes a $7.5 billion AI bet
3+ week, 2+ day ago (31+ words) Stripe told investors on Wednesday that January 1, 2026, was an important day as it marked the "beginning of the singularity." That's not the sort of claim......
AI data center boom pushes Caterpillar, Ford, and other US firms into new businesses
3+ week, 4+ day ago (458+ words) The big picture: Several major US automotive and heavy equipment manufacturers are reportedly modifying their business models to capitalize on the exploding demand for power equipment in AI data centers. Caterpillar, Cummins, Eaton, and Ford are among the major US…...
European Central Bank warns AI bubble burst could trigger systemic fallout
3+ week, 4+ day ago (280+ words) TechSpot Euro Burstin': While US companies continue pouring massive sums of speculative capital into their AI data center expansion plans, European authorities are already thinking about the impending AI bubble burst. A correction is likely, according to Europe's main banking…...