Apple is doubly vulnerable to Chinese escalation against Taiwan, which could impact the iPhone's complex components and assembly, driving production near zero — Long before it reached your home, even before its tiny components were pieced together in an assembly plant …
Server maker Supermicro's shares have soared 76%+ YTD, taking its market cap from $2.4B to $4.4B, outperforming all US tech companies valued at $1B or more — - Supermicro shares have gained 89% this year, outperforming all U.S. tech companies worth at least $1 billion.
CryptoSlam: NFT trading volume fell from $24M+ on December 20 to $12.9M on December 25, down for a second consecutive year; Yuga's BAYC rallied before Christmas — - NFT sales volumes fell in the lead up to Christmas in both 2021 and 2022. — However, Yuga Labs's Bored Ape Yacht Club's …
2022 saw the re-emergence of hacktivism on a large scale, with some new tactics and approaches blurring the lines between hacktivism and state-sponsored attacks — Throughout 2022, geopolitics has given rise to a new wave of politically motivated attacks with an undercurrent of state-sponsored meddling.
After a 24+ hour Alibaba Cloud outage on December 18, Alibaba names Wu Zeming as CTO and says CEO Daniel Zhang Yong will oversee Cloud, effective immediately — Alibaba Group Holding has named a new chief technology officer (CTO) and removed the president of its cloud computing services unit …
Solana cofounders Anatoly Yakovenko and Raj Gokal scramble to move past FTX's stain on their token, down 96% from November 2021; FTX and Alameda bought 58M+ SOL — Solana, the blockchain network once championed by Sam Bankman-Fried, is drawing immense scrutiny as industry watchers wonder whether …
After China lifted its COVID-19 rules, leading to surging cases, social media censors relax some rules, allowing criticism of protestors but not the government — Protesters, public-health experts targeted for country's sudden about-face as infections explode, but leader Xi Jinping remains unscathed
As the Nasdaq closes its worst year since 2008, IBM was a bright spot for tech companies with a $50B+ market cap, rising 6% in 2022, as investors sought safety — - IBM is up 6% in 2022, topping every large-cap tech stock. — The company has bolstered its consulting business …
Solana drops 10%+ to around $10, as bitcoin and ether saw modest declines, over concerns that large holders could offload the token; SOL is down 94% in 2022 — Solana, the cryptocurrency backed by fallen crypto mogul Sam Bankman-Fried, tumbled on Wednesday amid concerns that large holders may be about to offload the token.
Court filings: Sam Bankman-Fried said in an affidavit that he and Gary Wang borrowed $546M+ from Alameda to buy a nearly 8% stake, or ~56M shares, in Robinhood — FTX founder Sam Bankman-Fried said he and former executive Gary Wang borrowed more than $546 million from Alameda Research to buy …
BAYC, Doodles, Pudgy Penguins, and other NFT projects are diversifying into real-world assets, including toys, albums, and sports teams, to generate new revenue — Creators of best-selling internet collectibles have responded to a crash in the value of crypto and digital assets by seeking new revenues …
Ellesheva Kissin / Financial Times : UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published...
