Ledger Suspects Its Supply Chain After $86 Million Vanishes From Wallets
Ledger, the French maker of hardware wallets for crypto, said on October 9 that it is investigating the theft of roughly $86 million in digital assets from user wallets, and…
Sumitomo Bakelite Buys a Kyocera Chemicals Unit for the Chip-Packaging Boom
Sumitomo Bakelite, the Japanese materials maker, said on October 11 that it would acquire a chemical business from Kyocera for about $190 million, folding the unit’s formulations and production capacity…
Waymo Points to New Crash Data as Its Safety Defense
Waymo released safety statistics on October 11 showing that its driverless taxis are involved in collisions at a rate lower than human drivers in the cities where it operates, including…
OPay Raises $185 Million as It Prepares for a U.S. Listing
OPay, the Nigerian mobile-payments company backed by SoftBank, has closed a $185 million funding round as it works toward an initial public offering in the United States, a step that…
IBM Gives Quantum Code a Second Language
For most of a decade, anyone who wanted to write a program for an IBM quantum computer wrote it in Python. That was the working assumption built into Qiskit, the…
AMD Raises GDDR6 Prices for Its Graphics-Card Partners
The next increase in graphics-card prices may come not from the chip at the center of the card but from the memory around it. AMD has raised the price of…
Venezuela Grants Starlink Seven Licenses to Operate Nationwide
For more than two years, Starlink has reached Venezuelans the way many things reach Venezuelans: through informal channels, at prices set outside the rules. On October 9, the country’s telecommunications…
Tesla’s Austin Robotaxi Fleet Grew Eightfold in a Month
For most of the past year, investors who pressed Tesla about its robotaxi business heard a familiar answer: the Cybercab fleet in Austin was still small, still stuck somewhere between…
SpaceX’s Texas Chip Complex Could Reach $119 Billion
When Elon Musk’s companies first described Terafab, the plan already sounded enormous: a semiconductor and advanced-computing campus in rural Grimes County, Texas, that would dwarf the largest building on Earth…
AWS Plans 36 Data Centers Where Pennsylvania’s Biggest Coal Plant Once Stood
The Homer City Generating Station burned coal for 54 years, and for much of that run it was the largest coal-fired power plant in Pennsylvania. It shut down in mid-2023.…
