Saturday, October 5, 2024

Foxconn Q3: revenue up 20.2% YoY to ~$57.3B on strong AI server demand; consumer electronics revenue, including iPhones, was flat YoY; stock is up ~86% in 2024 (Ben Blanchard/Reuters)

Ben Blanchard / Reuters:
Foxconn Q3: revenue up 20.2% YoY to ~$57.3B on strong AI server demand; consumer electronics revenue, including iPhones, was flat YoY; stock is up ~86% in 2024  —  Taiwan's Foxconn (2317.TW), the world's largest contract electronics maker, beat expectations to post its highest-ever revenue …



Mullenweg says "WordPress.org just belongs to me personally", as his WP Engine feud blurs the lines between WordPress.org, WordPress Foundation, and Automattic (Emma Roth/The Verge)

Emma Roth / The Verge:
Mullenweg says “WordPress.org just belongs to me personally”, as his WP Engine feud blurs the lines between WordPress.org, WordPress Foundation, and Automattic  —  The lines between the WordPress open-source project, the nonprofit backing it, and the commercial arm owned by Automattic are blurring.



A look at the rise and fall of IronNet, a cybersecurity firm led by ex-NSA director Keith Alexander and whose valuation crossed $3B after it went public in 2021 (Alan Suderman/Associated Press)

Alan Suderman / Associated Press:
A look at the rise and fall of IronNet, a cybersecurity firm led by ex-NSA director Keith Alexander and whose valuation crossed $3B after it went public in 2021  —  The future was once dazzling for IronNet.  Founded by a former director of the National Security Agency and stacked …



How Beixiazhu, a Chinese village that was a hotspot of activity during the livestream shopping boom on Douyin, Kuaishou and other apps, became a cautionary tale (Wency Chen/South China Morning Post)

Wency Chen / South China Morning Post:
How Beixiazhu, a Chinese village that was a hotspot of activity during the livestream shopping boom on Douyin, Kuaishou and other apps, became a cautionary tale  —  To the unsuspecting outsider, Beixiazhu looks like any unremarkable Chinese village.  But for years, this was the place …



Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...