Raspberry Pi closed up 27%+ on June 5 after saying it expects adjusted EBITDA of at least $38M in H1, putting it on track to beat $42M est. for the full year — UK maker of tiny low-cost computers expects ‘robust demand’ to push unit sales above 4mn in first half
FOIA docs reveal Amazon's extensive control over delivery drivers it insists are not employees, in a case the NLRB sought to settle on terms favorable to Amazon — The feds were pushing a landmark case about Amazon's control of its contract drivers. Then the president put Amazon's former lawyer in charge.
Kalshi and Polymarket sponsored X posts promoting viral LA mayoral election fraud conspiracy theories; Kalshi says it asked its paid influencers to remove posts — THE SCOOP — Kalshi on Friday asked some of its paid political influencers to remove X posts that sowed doubt about the integrity …
Sources say a months-long dispute between the White House and Anthropic is showing signs of easing across the US government as the company prepares for its IPO — A months-long dispute between Trump administration officials and AI firm Anthropic is showing signs of easing across parts …
University of Cambridge researchers say they have developed the first vaccine with a key component entirely designed by AI and subsequently trialed it in humans — Artificial intelligence has been used to develop a “fundamentally new” type of vaccine that could protect against large swathes …
A deep dive into the case for data centers in space, as SpaceX prepares to go public: Elon Musk's claims, the wider debate, power supply issues, costs, and more — Space DC Total Cost of Ownership Explained. Unpacking constraints from Terrestrial DCs and Chip Production.
Barcelona-based HR software startup Factorial raised a $150M Series D led by General Catalyst at a $2.5B valuation to expand AI agents and grow in Germany — The company hopes to seize a large slice of the market—that goes well beyond HR — BARCELONA—Factorial closed a $150 million funding round …
SK Hynix Chair Chey Tae-won says the company plans to double its memory chip capacity over the next five years, responding to a shortage that could last to 2030 — SK Hynix Inc. plans to double its memory chip capacity over the coming half-decade, a major expansion that should help ease …
Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war — Meituan remains locked in a battle for supremacy with Alibaba Group and JD.com — Meituan , China's top food-delivery company …
Coinbase launches direct Indian rupee deposit and withdrawal rails via the Immediate Payment Service, aiming to remove its reliance on P2P and intermediaries — Coinbase announces INR rails to make the platform fully accessible to Indian retail traders. … What to know:
Experts say ChatGPT, Gemini, and other Western AI models are turbocharging Iran's cyber operations, helping it develop malware and launch phishing attacks — Western AI models are turbocharging Tehran's cyber operations, helping it develop malware and launch attacks
AI adoption follows the J-curve path of general-purpose tech, like early US factory electrification, requiring years of investment before noticeable ROI gains — A framework to understand your firm's AI transformation — I had tea with a senior exec at a well-known public tech company last month.
Sources: Apple delays iPhone-connected smart glasses to late 2027, aiming to disrupt the mid-tier $200-$500 eyewear market the way it disrupted the watch market — Also: The latest on iOS 27, iOS 28, new Apple TV and HomePod mini. — Apple isn't just going after Meta with its upcoming iPhone-connected smart glasses.
A look at AMD CEO Lisa Su's and Nvidia CEO Jensen Huang's contrasting China playbooks, with Su keeping a lower profile; China accounts for ~20% of AMD's revenue — When AMD CEO Lisa Su arrived in China last week just days after Nvidia's CEO left, she kept a much lower profile than Jensen Huang …
Anthropic cuts its list of unauthorized secondary market sellers from eight to four after the initial notice caused panic and pushback from investors — Anthropic PBC updated its warning about secondary markets for its shares, cutting the number of unauthorized platforms by half …
Financial Times : Raspberry Pi closed up 27%+ on June 5 after saying it expects adjusted EBITDA of at least $38M in H1, putting it on tra...
