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Category Archives: Tech
British fintech Revolut tops $1 billion in profit as revenue jumps 72%
Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31, 2024, totaled £1.1 billion ($1.5 billion), up 149% year over year.
Trump crypto soars as president offers dinner to top holders
The meme coin’s website says its 220 top investors will be invited to a gala event with the president.
Mystery will may reveal Zappos founder’s final wishes
According to the WSJ, a recently discovered will suggests late Zappos co-founder Tony Hsieh had concrete plans for his fortune despite previous beliefs that he died without leaving instructions for an estate that’s estimated to be worth $1.2 billion. Among … Continue reading
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SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom
South Korea’s SK Hynix beat quarterly revenue and operating profit estimates, with demand from artifical intelligence remaining robust.
IBM affected by DOGE cuts, downplays impact during Q1 earnings call
Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and … Continue reading
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Trump meme coin surges 50% after top holders offered dinner with the president
President Trump’s digital coin surged in value after the top 220 holders were promised a dinner with the president.
Windsurf slashes prices as competition with Cursor heats up
AI coding assistant startup Windsurf cut its prices “across the board” it announced on Monday, touting “massive savings” for its users as competition with its rival Cursor intensifies. Windsurf said it’s getting rid of its complex system of “flow action … Continue reading
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IBM beats on earnings and revenue, maintains full-year guidance
IBM is sticking with its expectations for 2025 despite a “fluid” economic environment.
Google forcing some remote workers to come back 3 days a week or lose their jobs
Several units within Google have told remote staffers that their roles may be at risk if they don’t start showing up at the office for a hybrid work schedule.
Government censorship comes to Bluesky, but not its third-party apps … yet
Government censorship has found its way to Bluesky, but there’s currently a loophole thanks to how the social network is structured. Earlier this month, Bluesky restricted access to 72 accounts in Turkey at the request of Turkish governmental authorities, according to a … Continue reading
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