In Q4 2024, AMD's data center business outsold Intel for the first time, with $3.86B in revenue, up 69% YoY, to Intel's $3.4B, but analysts expected more sales — But sales of Instinct GPUs disappoint. — AMD on Tuesday announced its financial results for the fourth quarter of 2024 and for the whole year.
A profile of Joseph Firmage, who founded USWeb, which went public with a $2.5B market cap in 1997, and is now being sued by “antigravity-machine” investors — Joseph Firmage helped create today's digital economy. These days, he's being sued by antigravity-machine investors …
In 2024, global semiconductor revenue rose 18.1% YoY to ~$626B, led by Samsung, which regained top spot, Intel, and Nvidia, and is set to reach $705B in 2025 — Overview — Samsung Electronics Regained No. 1 Spot from Intel and Nvidia Climbed to 3rd Place
The US OPM plans to make each government agency's chief information officer a political appointee who can be fired at will, helping Trump exert more control — The change could smooth Elon Musk's efforts to access the technology systems of various federal agencies through his Department of Government Efficiency.
Ola founder Bhavish Aggarwal invests $230M in his Indian AI startup Krutrim, and plans to raise $1.15B from outside investors by 2026, to build local AI — Ola founder Bhavish Aggarwal is investing $230 million into an AI startup he founded as the country pushes to establish itself in a field dominated by U.S. and Chinese firms.
Nintendo reports Q3 revenue down ~33% YoY to ~$2.8B, net profit down ~33% YoY to ~$831M, both below est, 4.8M Switch sales, and cuts Switch and profit forecasts — The Kyoto-based company now expects ¥280 billion ($1.8 billion) in operating income in the fiscal year to March, slashing more than a fifth from its prior forecast.
An analysis of FEC filings shows Elon Musk spent $288M+ to elect Trump and other Republicans, the 2024 election's biggest donor; Musk's America PAC raised $263M — Billionaire Elon Musk spent at least $288 million to help elect President Donald Trump and other Republican candidates …
The Seoul High Court upholds a decision clearing Samsung Electronics Executive Chairman Jay Y. Lee of fraud and stock-rigging, a major victory for Samsung — - Seoul court upholds Jay Y. Lee's earlier victory on appeal — The Samsung scion can now focus on turning around the firm
Stablecoins are becoming a core part of financial infrastructure in emerging markets, expanding beyond cross-border payments into consumer finance and more — Five years ago, SpaceX launched Starlink, which has since grown into its biggest revenue driver, expanding to more than 100 countries.
Intel received €515.55M in default interest from the EU after it was reimbursed a €1.06B fine levied in 2009; EU's top court sided with Intel in October 2024 — U.S. chipmaker Intel (INTC.O) has received 515.55 million euros ($536 million) in default interest from EU antitrust regulators related …
Reliance Retail launches the Shein app in India, with control over operations and data and Shein acting as a technology partner, years after the app's ban — Chinese fast-fashion platform Shein has relaunched in India through a partnership with local conglomerate Reliance's retail chain …
A look at Future You, an AI-based research tool that lets users interact with a virtual older self and is currently being used by 60,000 people from 190 nations — A new artificial-intelligence tool allowed me to talk to my 80-year-old self. It's going to be quite a life.
A US man pleads guilty to a cyberstalking campaign against a professor, including by creating chatbots on Crushon.ai and JanitorAI using her personal info — James Florence, 36, agreed to plead guilty after using victim's information to guide chatbots in impersonation
India announces a new $1.15B Fund of Funds for startups with an “expanded scope” compared to previous initiatives, and extends tax benefits for startups — India announced a new $1.15 billion Fund of Funds for startups on Saturday while unveiling sweeping regulatory reforms …
In a Reddit AMA, Sam Altman admitted that DeepSeek has lessened OpenAI's lead and said OpenAI has been “on the wrong side of history” concerning open sourcing — To cap off a day of product releases, OpenAI researchers, engineers, and executives, including OpenAI CEO Sam Altman …
New York Times : Sources: Meta plans to add facial recognition to its smart glasses as soon as 2026, and considers letting the glasses id...
