SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom

Posted on April 24, 2025 by Techme101

South Korea’s SK Hynix beat quarterly revenue and operating profit estimates, with demand from artifical intelligence remaining robust.

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IBM affected by DOGE cuts, downplays impact during Q1 earnings call

Posted on April 23, 2025 by Techme101

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 Bloomberg. These cuts amount to $100 million in future payments, per Bloomberg. Federal contracts represent […]

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Trump meme coin surges 50% after top holders offered dinner with the president

Posted on April 23, 2025 by Techme101

President Trump’s digital coin surged in value after the top 220 holders were promised a dinner with the president.

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Windsurf slashes prices as competition with Cursor heats up

Posted on April 23, 2025 by Techme101

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 credits,” which charged developers for actions its AI did in the background. It’s also cutting […]

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IBM beats on earnings and revenue, maintains full-year guidance

Posted on April 23, 2025 by Techme101

IBM is sticking with its expectations for 2025 despite a “fluid” economic environment.

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Google forcing some remote workers to come back 3 days a week or lose their jobs

Posted on April 23, 2025 by Techme101

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.

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Tesla begins ‘FSD Supervised’ ride-hail tests with employees in Austin, Bay Area

Posted on April 23, 2025 by Techme101

Tesla has started testing its autonomous ride-hail service with employees in Austin and the Bay Area ahead of the company’s planned robotaxi launch this summer. “FSD Supervised ride-hailing service is live for an early set of employees in Austin & San Francisco Bay Area,” the company posted Wednesday on X. FSD stands for “Full Self-Driving,” […]

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Government censorship comes to Bluesky, but not its third-party apps … yet

Posted on April 23, 2025 by Techme101

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 recent report by the Freedom of Expression Association. As a result, people in Turkey can […]

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Netflix aims to be a trillion-dollar company, says co-CEO

Posted on April 23, 2025 by Techme101

At Semafor’s 2025 World Economy Summit on Wednesday, Netflix co-CEO Ted Sarandos said he believes Netflix’s long-term goal to achieve a $1 trillion market capitalization is possible if the streaming giant continues to perform well.  Sarandos said, “In the previous five years, we’ve doubled our revenue, we grew profits 10 times, and we grew our […]

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19 US fintech startups have raised over $50M in 2025 so far

Posted on April 23, 2025 by Techme101

After a sluggish couple of years, fintech appears to be making a comeback. In the first quarter of 2025, fintech startups globally raised a combined $10.3 billion — marking the highest level of funding since the first quarter of 2023, according to CB Insights research. The average deal size of $17.7 million also marked the […]

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