New York Times:
Filing: GD Culture Group, a struggling China-linked company that has only eight staff, plans to buy $300M in BTC and $TRUMP, creating clear ethical conflicts — The firm, which produces content for TikTok, recorded no revenue last year, but it announced this week that a mysterious stock sale …
Tech Nuggets with Technology: This Blog provides you the content regarding the latest technology which includes gadjets,softwares,laptops,mobiles etc
Wednesday, May 14, 2025
Filing: GD Culture Group, a struggling China-linked company that has only eight staff, plans to buy $300M in BTC and $TRUMP, creating clear ethical conflicts (New York Times)
Foxconn reports Q1 revenue up 24% YoY to ~$54B, net profit up 91% YoY to ~$1.38B, above est.,; cloud and networking, like AI servers, was 34% of its Q1 revenue (Sherry Qin/Wall Street Journal)
Sherry Qin / Wall Street Journal:
Foxconn reports Q1 revenue up 24% YoY to ~$54B, net profit up 91% YoY to ~$1.38B, above est.,; cloud and networking, like AI servers, was 34% of its Q1 revenue — The company still expects AI servers to be a growth driver this year — Foxconn Technology Group reported strong first-quarter results …
Tuesday, May 13, 2025
SoftBank reports Q4 net profit up 124% YoY to ~$3.5B, a surprise profit and above a ~$182M loss est., due to improving valuations of Alibaba, T-Mobile, and more (David Keohane/Financial Times)
David Keohane / Financial Times:
SoftBank reports Q4 net profit up 124% YoY to ~$3.5B, a surprise profit and above a ~$182M loss est., due to improving valuations of Alibaba, T-Mobile, and more — Analysts had predicted a small quarterly loss at Japanese tech investment group — Roula Khalaf, Editor of the FT …
Monday, May 12, 2025
How President Trump is leveraging the US' dominance in AI chips to secure strategic deals with Middle Eastern oil-rich countries like Saudi Arabia and the UAE (New York Times)
New York Times:
How President Trump is leveraging the US' dominance in AI chips to secure strategic deals with Middle Eastern oil-rich countries like Saudi Arabia and the UAE — As the president heads to the Middle East, America's dominance over A.I. chips has become a powerful source of leverage for the president.
How India aims to become a regional data center hub, leveraging its low energy pricing and AI-skilled workforce; power supply constraints pose a major challenge (Financial Times)
Financial Times:
How India aims to become a regional data center hub, leveraging its low energy pricing and AI-skilled workforce; power supply constraints pose a major challenge — Domestic demand is rising fast and international cloud providers are looking to expand footprints — Krishn Kaushik and Chris Kay in Chennai
Sunday, May 11, 2025
Q&A with Whitney Wolfe Herd about returning as Bumble CEO, Tinder lawsuit, being bullish about using AI in dating apps, funding for female founders, and more (Lulu Garcia-Navarro/New York Times)
Lulu Garcia-Navarro / New York Times:
Q&A with Whitney Wolfe Herd about returning as Bumble CEO, Tinder lawsuit, being bullish about using AI in dating apps, funding for female founders, and more — Devin Oktar Yalkin for The New York Times — It feels like a lifetime ago, but when Whitney Wolfe Herd co-founded her first company …
Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide (New York Times)
New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...
-
The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
-
Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...