Analysts: Nintendo and Sony are heading into the holiday season with little to offer consumers; the Switch is now seven years old and $700 PS5 Pro is overpriced — Video game industry fears its most important quarter will fall flat with few new mass-market offerings
SoftBank says Vision Fund co-CEO Rajeev Misra will step down from his leadership roles; during his 10-year tenure, he led investments in WeWork, Wag, and others — SoftBank said the co-CEO of Vision Fund, Rajeev Misra, will soon step down from his leadership roles at the bank's flagship …
Sources: Elon Musk's US government advisory role will be structured to ensure he keeps control of Tesla, X, xAI, and others by installing acolytes and allies — Billionaire likely to push for government roles for acolytes and allies to cut regulation and protect his businesses
FTX sues Binance and former CEO Changpeng Zhao, seeking to claw back almost $1.8B it alleges was fraudulently transferred by Sam Bankman-Fried in a 2021 deal — Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
Threads becoming inundated with liberal election fraud conspiracies highlights a shift towards a “post-truth” online landscape across the political spectrum — Thousands of users have amplified baseless claims of hacked voting machines as Democrats become more comfortable embracing denialism
Apple's future growth may come from several new Watch- or iPad-sized bets; visionOS 2.2 ultrawide Mac display option may be the Vision Pro's first killer app — Apple may never find another product with as much revenue potential as the iPhone, but it can still thrive with several new Apple Watch- or iPad-level businesses.
Intel's Robert Hallock admits “our wounds with Arrow Lake not hitting the performance we projected were self-inflicted” and promises fixes for performance gains — Speaking plainly, Intel's recently-launched Core Ultra 200 desktop CPUs, code-named “Arrow Lake” …
A painting depicting Alan Turing as the god of AI, which was created by an AI-powered humanoid robot called Ai-Da, sold at a Sotheby's auction for nearly $1.1M — The portrait depicts the British mathematician Alan Turing as the god of artificial intelligence.
FTX sues Anthony Scaramucci, Crypto.com, Zuckerberg's FWD.US, and others to recoup SBF's “investments” as part of his “campaign of influence-buying” in 2022 — - Lawsuit says $67 million was invested into Skybridge endeavors — FTX Says investments conveyed ‘little to no benefit’
The Taiwan Semiconductor Industry Association says Taiwan's semiconductor production is on track to increase 22% YoY to a record $165B in 2024 on AI demand — HSINCHU, Taiwan — Taiwan's semiconductor production is on track for a 22% increase this year to a record 5.3 trillion New Taiwan dollars …
Analysis: US private construction spending on data centers grew to ~$30B/year, over 2x the amount in late 2022; global spending is on track to reach $250B/year — US companies are plowing money into building data centers as they race to get ahead in artificial intelligence.
Data shows open interest on Polymarket fell 64% from $510.95M on November 5 to $184.16M by November 8, highlighting the platform's reliance on political betting — - Open interest on Polymarket soared to $510.95 million by Nov. 5 and subsequently fell to $184.16 million by Nov. 8, The Block's data shows.
With Elon Musk's ascension in Trump's orbit, tech leaders on the right hope to steer the second Trump administration, bringing a startup ethos to the government — With Elon Musk's ascension in Trump-world, tech leaders on the right see an opportunity to bring a start-up ethos to the federal government.
Kuo: Apple plans to upgrade the wide-angle lens in the high-end iPhone 18 in 2026 to a variable aperture camera — Key Growth Drivers for Sunny Optical's Apple Orders in 2025-2026: — 1. Lens Supply Allocation to Rebound Significantly from ~5% in 2024 to 15-20% in 2025
Sources: TSMC told Chinese customers it would no longer manufacture AI chips at advanced process nodes of 7nm or smaller as of this coming Monday — World's biggest contract chipmaker acts to ensure it is in line with US restrictions on Chinese access to latest processors
Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...
