AMD’s recent driver support confusion for RDNA 1 and RDNA 2 graphics cards sparked outrage among PC enthusiasts. The incident highlights how software dependence means companies can effectively kill hardware you physically own. This raises fundamental questions about what ownership means in today’s t
Rightmove shares crashed nearly 25% after the property listings site warned profit growth would slow as it ramps up AI spending. The company forecasts just 3-5% operating profit growth next year, down from previous targets, despite £18 million in new AI investment.
Klarna faced a serious security issue where recycled phone numbers automatically logged new users into previous owners’ accounts. Internal Slack messages show the company estimated potential costs of $41.8 million before downplaying the incident. The company has now implemented email OTP verificatio
Chris Sacca’s Lowercarbon Capital announced a second nuclear fusion fund at the SOSV Climate Tech Summit. The firm previously raised $250 million for fusion in 2022 and backs leading startups including Commonwealth Fusion Systems, which recently raised $863 million.
JPMorgan Chase CEO Jamie Dimon forecasts that AI will enable developed nations to work just three-and-a-half days per week within 20-40 years. The banking giant already has 2,000 people building AI systems and 150,000 employees using large language models weekly. Dimon warns the transition will elim
According to Reuters, scam ads could account for 10% of Meta’s revenue – about $16 billion annually. The company’s own research suggests its platforms are involved in a third of all successful US scams. Internal policies reportedly protect big spenders from being banned.
Apple’s entire custom silicon lineup faces significant price increases as TSMC passes on rising manufacturing costs. The 8-10% hikes come amid soaring 2nm development expenses and global memory shortages that are already affecting smartphone pricing across the industry.
IBM is planning to cut thousands of jobs in Q4 2025 as part of its strategic shift toward software and AI. The company reported $16.3 billion in Q3 revenue but saw shares drop 5% following earnings. These cuts represent a “low single-digit percentage” of IBM’s 270,000 global workforce.
Norway’s $2.1 trillion sovereign wealth fund is pausing its ethical divestment guidelines while rewriting the rules. The move allows continued investment in tech giants like Microsoft and Amazon despite Gaza conflict concerns.
Tesla shareholders are voting on Elon Musk’s proposed $1 trillion pay package and potential investment in his AI startup xAI. The board has warned Musk might leave if the compensation isn’t approved, while proxy advisors call the deal excessive.
