BlackRock’s $205 Billion Quarter, With a Warning About Building
Larry Fink had a message Wednesday for the local officials and candidates campaigning against data centers in their towns, and he delivered it to a television audience rather than to…
Netflix Cuts 1,000 Jobs as Growth Slows
Employees at Netflix learned on Wednesday morning that roughly 1,000 of them were being let go. Co-Chief Executives Ted Sarandos and Greg Peters announced the cuts, about 6% of the…
Musk Backs Micron’s Memory Prices and Faults Its Rivals
The post arrived at 5:52 p.m. Eastern on Oct. 13, a reply from Elon Musk to an investor summarizing a JPMorgan note about the memory chip market. In two sentences,…
Siemens Buys the Exclusive Rights to a Supercapacitor Maker’s Data-Center Line
Inside an artificial-intelligence data center, the electrical load swings in milliseconds as racks of accelerators switch between heavy computation and near idle. The grid and the backup systems around them…
Zoox Offers Free Rides in San Francisco as It Waits for a Permit
This week a rider in San Francisco climbed into a boxy white vehicle with no steering wheel, no pedals and no driver, and crossed the city without touching a thing.…
IBM Will Put India’s First Quantum Computer in Amaravati
IBM will deploy India’s first quantum computer at a technology park in Amaravati, in the southern state of Andhra Pradesh, with the machine scheduled to arrive in early 2027, the…
Fermi Gets an AMD Backstop for Its Texas Power Campus
Shares of Fermi Inc. rose 13.2% before the opening bell Tuesday and closed up about 18% at $3.84, on volume of 59.4 million shares, more than triple the stock’s 100-day…
SK’s Chairman Sells a Stake to Michael Dell’s Family Office to Pay a Divorce Bill
Chey Tae-won, the chairman of SK Group, agreed to sell 972,493 shares of the conglomerate’s holding company, SK Inc, to an investment fund managed by the family office of Dell…
Tesla’s Nine-Year Roadster Bet Takes a Stage in Texas
The field outside Waco, Texas, will be dark and the aircraft restricted when Tesla unveils the next-generation Roadster at 8:55 p.m. Eastern time on Oct. 15, a date the company…
Meta Fights a Dutch Ban Bid on Its Camera Glasses as New Mexico Weighs a $40 Billion Tab
Two Dutch privacy groups went to court on Oct. 13 asking a judge to stop Meta Platforms from selling its Ray-Ban glasses in the Netherlands, arguing that a device built…
