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Sony reports a $765M impairment loss due to underperformance of Marathon developer Bungie during the financial year ending March 31, 2026 (Wesley Yin-Poole/IGN)

Sony reports a $765M impairment loss due to underp...

1 month ago 14 Add to circle

Sources: DeepSeek seeks to raise ~$7.3B in its first-ever funding round at a $50B+ valuation, with CEO Liang Wenfeng making a personal investment of ~$2.9B (The Information)

Sources: DeepSeek seeks to raise ~$7.3B in its fir...

1 month ago 17 Add to circle

European Central Bank President Christine Lagarde expressed skepticism over the need for euro-pegged stablecoins, saying they could hamper the ECB's work (Reuters)

European Central Bank President Christine Lagarde ...

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Substack says paid subscriptions to creators in the UK, its second-largest market, hit 500K+; global paid subs hit 5M+, with 50+ creators earning $1M+ annually (Lily Ford/The Hollywood Reporter)

Substack says paid subscriptions to creators in th...

1 month ago 16 Add to circle

Filing: Lime files for an IPO, reporting 2025 revenue of $886.7M, up from $686.6M YoY, and a net loss of $59.3M, up from $33.9M; it was valued at $510M in 2020 (Jordan Fitzgerald/Bloomberg)

Filing: Lime files for an IPO, reporting 2025 reve...

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Nintendo reports Q4 revenue of ~$2.60B, below ~$2.75B est., net profit of ~$416M, above ~$403.68M est., and forecasts a decline in FY 2027 Switch 2 unit sales (Arjun Kharpal/CNBC)

Nintendo reports Q4 revenue of ~$2.60B, below ~$2....

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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Datadog closed up 31%+ after reporting Q1 revenue ...

1 month ago 13 Add to circle

Sony reports Q4 revenue of $19.4B, above ~$18.4B est., operating profit of ~$1.06B, below ~$1.7B est., and forecasts FY 2027 net profit to rise 13% to ~$7.4B (Kai Nicol-Schwarz/CNBC)

Sony reports Q4 revenue of $19.4B, above ~$18.4B e...

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Sony and TSMC announce a new JV to build next-gen image sensors for robots and cars, as Sony moves from in-house manufacturing to a more asset-light approach (Bloomberg)

Sony and TSMC announce a new JV to build next-gen ...

1 month ago 71 Add to circle

Musk v. Altman docs: Microsoft execs had reservations about funding OpenAI in 2018 but worried that withholding support could push OpenAI into Amazon's arms (Wired)

Musk v. Altman docs: Microsoft execs had reservati...

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Sources: the US suspects OBON, a key company behind Thailand's national AI effort, of smuggling Super Micro servers with export-controlled Nvidia chips to China (Bloomberg)

Sources: the US suspects OBON, a key company behin...

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Nintendo said it would increase the price of the Switch 2 to $500, up from $450, globally from September 1, and offered a downbeat performance outlook for 2026 (Bloomberg)

Nintendo said it would increase the price of the S...

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Surveys: half of US adults under 50 get health info from influencers or podcasts; 86% of the health influencers are on Instagram, 62% on TikTok, 45% on YouTube (Pew Research Center)

Surveys: half of US adults under 50 get health inf...

1 month ago 16 Add to circle

Analysis: the combined free cash flow of Amazon, Alphabet, Microsoft, and Meta is expected to fall to ~$4B in Q3 and hit its lowest full-year level since 2014 (Financial Times)

Analysis: the combined free cash flow of Amazon, A...

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Filings: Baidu's AI chip unit Kunlunxin is planning a dual IPO on Shanghai's STAR Board and in Hong Kong; Baidu holds a 58% stake in Kunlunxin (Bloomberg)

Filings: Baidu's AI chip unit Kunlunxin is plannin...

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Fintech app Toss, used by ~66% of South Korea's 51M people, says its FacePay service, available at 330K retail outlets, has attracted 4.8M users since September (Song Jung-a/Financial Times)

Fintech app Toss, used by ~66% of South Korea's 51...

1 month ago 103 Add to circle

Sources: SK Hynix's big customers have been proposing a range of offers to secure memory chip supplies, including investing in dedicated chip production lines (Reuters)

Sources: SK Hynix's big customers have been propos...

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Instructure disables its Canvas edtech platform, used by thousands of schools and universities, amid a data extortion attack claimed by ShinyHunters (Brian Krebs/Krebs on Security)

Instructure disables its Canvas edtech platform, u...

1 month ago 13 Add to circle