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Category Archives: Tech
CNBC Daily Open: Tech had a rough day in the markets — its employees had a worse October
For most tech workers and investors, Thursday was another reminder of volatility’s sting. For Elon Musk, it was another day on the road to the stratosphere.
SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks
Shares of Japan’s SoftBank Group plunged, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations.
Elon Musk’s $1tn pay deal approved by Tesla shareholders
The richest man in the world will get hundreds of millions of new shares if he hits his targets.
The stocks set to win from soaring AI spend, according to analysts
While Big Tech deals draw eyeballs, opportunities lie in those flying under the radar but supporting the AI supply chain.
China’s key weapons in its AI battle with the U.S. — massive Huawei chip clusters and cheap energy
China’s strategy for competing with the U.S. on AI revolves around huge clusters of Huawei chips and cheap energy.
Tesla delays reveal of production Roadster 2 to April Fools’ Day
Musk said he picked the date so he “could say I was just kidding” if it changes again. He had spent months teasing a reveal by the end of this year.
Posted in Tech
Tagged TechCrunch
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Chris Sacca’s VC firm is raising a second nuclear fusion fund
With fusion advances showing real promise, Lowercarbon Capital plans to double down.
Posted in Tech
Tagged TechCrunch
Comments Off on Chris Sacca’s VC firm is raising a second nuclear fusion fund
Northern Ireland inter-party group calls for higher taxes to curb gambling-related harm
The Northern Ireland Assembly’s All-Party Group on Reducing Harm Related to Gambling has called on the Chancellor to increase gambling taxes. The group has written an open letter to the Chancellor calling for higher taxes on online gambling to raise … Continue reading
Inside PENN’s costly quest to turn flashy partnerships into market dominance as it ends ESPN deal
PENN Entertainment, once the unassuming Penn National Gaming with little more than racetracks and regional ambition, has spent decades leveling up from modest racing outfit to one of America’s largest casino and racing powerhouses. Along the way, the company scooped … Continue reading
Kambi announces source code acquisition amid ‘disciplined’ financial performance
Kambi Group has shared ‘disciplined’ financial performance and source code acquisition in its annual report. In its quarterly earnings report, turnkey sportsbook provider Kambi shared decreased revenue and expenses amidst a difficult season, thanks to the impact of gaming-related taxes … Continue reading