Blackstone Closes an $8.7 Billion Energy Fund While Others Wait
Blackstone told investors on October 19 that its fifth energy transition fund had closed at 8.7 billion dollars, hitting its hard cap and finishing more than 50 percent above the…
Netflix Cuts a Thousand Jobs and Loses Both Content Chiefs
The restructuring document had a name, Project Meridian, which is what companies call a plan when they want the plan to sound like a project rather than a decision. By…
The PlayStation 6 Has a Memory Bill Before It Has a Price
Two components, more than $680, on a machine that Sony has not announced. That is the claim KeplerL2, a hardware leaker with a long record on console specifications, posted to…
Four Agents Finish Minecraft, and the Log Records What It Cost
The numbers in the paper are the interesting part, more than the dragon. Four agents running on Gemini 4 Argon needed 27 hours and 14 minutes, wrote and executed 2,783…
Qualcomm Disputes Korean Test Results That Its New Snapdragon Runs Hot
The report reached Seoul’s technology press on Oct. 17: under sustained load, Qualcomm’s Snapdragon 8 Elite Extreme Gen 6 ran hot enough to raise questions about whether Samsung would use…
Samsung Adds $22.8 Million for Texas Workers and Schools
The road into Taylor, Texas, runs past a school district, a row of grain silos and, since 2022, a construction site large enough to see from the county highway. On…
Nvidia’s RTX Spark Outruns Apple’s M5 Max in Local Agent Tests
The first independent tests of Nvidia’s RTX Spark, a processor the company has built for laptops, appeared on October 15, and they measured something the PC industry has not traditionally…
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…
Netflix Buys the 2030 World Cup in Spain and Andorra
Netflix has spent three years buying live sport in pieces, and on October 13 it bought the largest piece of soccer it has ever held. The streaming company reached an…
Amazon Drops the Nondisclosure Rule for Data-Center Talks
For years, the first document many towns saw when Amazon came calling about a data center was a contract that told local officials to stay quiet. That requirement is ending.…
