Joe Tigay of Rational Equity Armor Fund says AI needs to translate into broad economic improvement for the rally to endure. Otherwise, we’re just building infrastructure that won’t withstand the tide of reality. The concern is that AI-driven efficiency could lead to permanent job losses without crea
Nintendo has launched its official store app on both iOS and Android. The app lets fans shop for games and hardware while tracking their play activity across multiple Nintendo systems.
Nintendo has finally released its official store app globally after previously being Japan-only. The app lets you shop for games and accessories, but the real surprise is a detailed play activity tracker that works across Switch, Wii U, and 3DS systems.
Epic Games has scored a massive victory against Google in their three-year legal battle. The settlement opens Android to competing app stores and significantly reduces Google Play fees starting with the next major Android release.
Seattle voters have overwhelmingly passed Proposition 2, which reshapes the city’s business tax structure. The measure eliminates taxes for smaller companies while significantly increasing rates for larger businesses to address budget shortfalls.
The UK financial regulator is fighting a legal challenge that threatens to delay the country’s bond market data initiative. A lawsuit from Ediphy Analytics has frozen the contract awarded to rival Etrading Software, putting market transparency efforts at risk.
Apple is reportedly developing a new low-cost Mac priced under $1,000 that uses iPhone-class processors. The machine would still outperform early M1 Macs while expanding Apple’s entry-level lineup. This comes as Google removed 749 million URLs linked to Anna’s Archive over copyright claims.
Supermicro’s quarterly revenue fell short by over $1 billion from forecasts, hitting just $5 billion. The company cited complex AI rack configurations and a major low-margin design win as key factors. Investors weren’t impressed, sending shares down 10%.
The EU’s recently adopted due diligence directive is drawing fire for applying human rights and climate rules to non-EU companies. Critics argue the rules create an uneven playing field with potentially massive penalties for foreign firms. The controversy highlights growing tensions in global trade
Grab is launching robotaxis in Singapore next year while reporting strong quarterly revenue growth. The company’s CEO suggests current drivers could transition to roles like remote safety operators as autonomous vehicles expand.
