GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.
TL;DR GoPro issued a going-concern warning after memory prices rose 80-115%. Revenue fell 26%. It’s exploring a sale, a defence pivot, and…
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TL;DR GoPro issued a going-concern warning after memory prices rose 80-115%. Revenue fell 26%. It’s exploring a sale, a defence pivot, and…
The US “shale revolution” is about to export a windfall to Singapore, helping defray the cost of powering the artificial intelligence…
When former Space X engineer Josh Giegel launched his North Hollywood tech company Gambit in 2023, he had a vision for the battlefield of…
PC makers have also warned they are likely to be affected by the ongoing shortage Nvidia supplier Micron Technology said an ongoing memory…
Current IRS tax rules trap empty-nest Boomers and freeze out younger homebuyers. It’s time to change them. Source link
Operators are pivoting towards a ‘decentralised’ model – which places data centres in ‘Tier-2’ cities Operators are starting to move data…
Paul KirbyEurope digital editor European Union leaders begin two days of talks in Brussels with a momentous decision to be taken on…
The trend toward budget shortfalls is unmistakable. Source link
Nissan and Mercedes are among the carmakers trying to come to grips an uncertain supply situation [TOKYO/BERLIN] Global automakers are…
The global rush by chipmakers to produce artificial intelligence (AI) chips is tightening supply of less glamorous chips used in…
The company is dealing with tighter margins in part due to building servers with expensive AI chips that have made the machines less…
Seven & i Holdings and other retailers in Japan are warning customers of possible Asahi Super Dry beer shortages after a cyberattack…
Microsoft’s deal with neocloud company Nebius Group will provide computing power to internal teams creating large language models and a…
Europe’s electric-vehicle industry is also seeking supplies in other places such as Estonia China’s exports of rare-earth magnets to the…
Indonesia’s growing gas shortage is forcing the government to prioritise domestic industries – a decision which analysts said could…
Jack Fenwick Political reporter Alex Forsyth Political correspondent Talks aimed at saving steel production in Scunthorpe are deadlocked…
Christine Hunsicker’s dramatic departure from CaaStle — the fashion rental platform she cofounded — just might mark the last gasp of an…
The PBOC has been tolerating a surge in repo rates and kept liquidity conditions tight, aiming to support the yuan amid economic headwinds…
In the race for talent, some banks are re-thinking their operating models, or redefining seniority by performance, not tenure AMID…
INDIA’S central bank injected US$5.10 billion through a foreign-exchange swap auction, using the tool for the first time in five years to…
Indonesia’s bold move to mandate exporters to park all earnings onshore for a full year starting Mar 1 has come in for some criticism,…