Policy
…We do see parallel for-profits, and the idea of a conversion to a for-profit and shutting down the nonprofit. Jared Birchall also testified that he filed to register a company…
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Business
…Data center sales are now “the primary driver of our revenue and earnings growth,” according to CEO Lisa Su . AI agents are increasing demands for CPUs, and AMD and Intel’s x86…
The next Xbox could play every Xbox game ever made
…The leaked memo is Microsoft trying to convince those publishers by dangling profit in front of their eyes. The memo is literally addressed to publishers, and it’s transparently a sales pitch…
Google lost its first antitrust case, so what happens next?
…an antitrust lawsuit against it And in the lightning round: * Disney’s password-sharing crackdown starts ‘in earnest’ this September * Disney’s streaming business turned a profit for the first time * The…
Samsung
…The company is planning to discontinue certain consumer electronics products in the region — including home appliances and televisions — amid intensifying competition from domestic brands. Phone sales will be unaffected. As popular as…
Tim Cook was an innovator — just not the Jobs kind
…Apple managed unheard-of profit margins on the iPhone, and Foxconn became a trillion-dollar industry leader. Cook may not have been a Jobs-level product innovator, but he did figure out…
Why is Apple asking me to pay more for Big Tech’s AI obsession?
…But Apple has posted record earnings for at least four quarters in a row, and its margins on hardware sales are much higher than the industry standard. Its markups are estimated to…
Allbirds announced a switch from shoes to AI and its stock jumped 600 percent
Allbirds had a hit a decade ago with its Wool Runner shoes, but after a $4 billion IPO in 2021, the business never turned a profit, and sales dropped nearly 50 percent…
Larry Ellison’s betting everything on OpenAI. Will it pay off or pop the bubble?
…Oracle, of course, is already an enterprise business, so it has the existing relationships and large salesforce to go out there and sell its vision, one that suggests there isn’t much…
The US gets the worst phones
…Now a gulf is growing between the phones on sale in the US and those available in the rest of the world. US phone buyers are missing out. Some of the blame…