Massive. A huge cyber outage is hitting businesses around the world. LSE couldn't show pricing data at the opening bell today. Airlines have been grounding flights. Banks seeing issues.
@ryan_browne_
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Arm shares drop 9% despite strong quarterly sales growth
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Arm down 9% after the chip designer reported lacklustre sales guidance. Arm had an impressive quarter on the whole, with sales up 47% in its fiscal Q4. But full-year guidance midpoint was slightly below consensus – shares tumbling.
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Cybertruck Experience Changes Perspective on Future Vehicles
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Ok. I've officially seen the Cybertruck now. Wasn't a big believer before – seemed too scifi / extravagant (but obv very cool!) a vehicle to be considered something you'd actually drive. But… well, let's just say you definitely need to see it to believe it.
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New AI Product Would Dominate Humane and Rabbit Competition
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I mean something like that would instantly wipe the floor with all of these AI assistant companies e.g. Humane / Rabbit wouldn't it
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Apple’s Secret Generative AI Strategy to Replace Siri
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Interesting thread from Tony Fadel (the guy who made the iPod) on Apple's AI strategy (or lack thereof) Do we not think Apple's just secretly building a generative AI assistant for iPhone to replace Siri? Feels like that would be a gamechanger.
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Stripe’s Strategy: Why Tech Giants Stay Private
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Was literally gonna say Stripe but… it's almost a meme now how they're happy to stay private.
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Fund Manager Challenges Tesla FSD Autonomous Driving Claims
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Top fund manager @markhawtin100 gives investors a reality check on Tesla's 'Full Self Driving' news in China: “We should say what they’re doing — everyone’s talking about this full self-driving capability" but FSD is "by no means autonomous driving yet." https://
cnb.cx/3UsKwWq -
Binance Founder Changpeng Zhao Sentenced to Four Months Prison
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BREAKING: Binance founder Changpeng Zhao has been sentenced to four months in prison – far lower than the advisory sentencing guidance, and federal prosecutors' desired 3-year sentence. Details via @KenzieSigalos and me:
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EU Probes Meta for DSA Compliance: Deceptive Ads and Disinformation
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This probe was filed under the Digital Services Act, the EU's landmark digital content law. For Meta, the EU suspects its platforms are incompliant with obligations re: deceptive ads, disinformation campaigns, and coordinated inauthentic behavior.
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EU Investigates Meta for Election Disinformation Combat Failures
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Meta has been blasted with a major investigation by the EU that squares in on allegations it's failing to combat disinformation and give researchers the tools to monitor elections ahead of pivotal EU Parliament elections. More here: