Klarna's losses widen after more consumers fail to repay loans
(ft.com)
Klarna’s losses widen after more consumers fail to repay loans
Klarna’s losses widen after more consumers fail to repay loans
Microsoft-backed Builder.ai collapsed after finding potentially bogus sales
(ft.com)
Microsoft-backed Builder.ai collapsed after finding potentially bogus sales
Microsoft-backed Builder.ai collapsed after finding potentially bogus sales
Investing in what moves the internet forward
(mozilla.org)
Firefox is the only major browser not backed by a billionaire and our independence shapes everything we build.
Firefox is the only major browser not backed by a billionaire and our independence shapes everything we build.
VMware price hikes? Between 800 and 1,500%, claim Euro customers
(theregister.com)
Broadcom has upped VMware licensing costs by between eight to 15 times since it took over the organization, and a lack of alternatives in the tech industry means trade and end customers have no choice but to play ball.
Broadcom has upped VMware licensing costs by between eight to 15 times since it took over the organization, and a lack of alternatives in the tech industry means trade and end customers have no choice but to play ball.
In the past year my illustration business has dropped more half
(reverentgeek.com)
In the last 12 months, my illustration business has dropped more than 50%.
In the last 12 months, my illustration business has dropped more than 50%.
The Decline and Fall of Elon Musk
(theatlantic.com)
The Tesla innovator becomes the latest government employee to lose his job.
The Tesla innovator becomes the latest government employee to lose his job.
News publishers call Google's AI Mode 'theft'
(theverge.com)
The News/Media Alliance says Google ‘just takes content by force and uses it with no return’ to publishers like Condé Nast and Vox Media.
The News/Media Alliance says Google ‘just takes content by force and uses it with no return’ to publishers like Condé Nast and Vox Media.
How AppHarvest’s indoor farming scheme imploded (2023)
(lpm.org)
The workers had spent the morning of November 8, 2021, clipping, trussing, and trellising hundreds of thousands of tomato plants that twisted almost four stories into the air. They were inside one of the world’s largest high-tech greenhouses, which sat on more than 60 acres of a former cattle field in Morehead, Kentucky.
The workers had spent the morning of November 8, 2021, clipping, trussing, and trellising hundreds of thousands of tomato plants that twisted almost four stories into the air. They were inside one of the world’s largest high-tech greenhouses, which sat on more than 60 acres of a former cattle field in Morehead, Kentucky.
The SpaceX genie is out of the bottle
(chrisprophet.substack.com)
SpaceX is approaching a growth surge that will transform how the company is perceived and operates.
SpaceX is approaching a growth surge that will transform how the company is perceived and operates.
UnitedHealth paid nursing homes to reduce hospital transfers
(theguardian.com)
UnitedHealth Group, the nation’s largest healthcare conglomerate, has secretly paid nursing homes thousands in bonuses to help slash hospital transfers for ailing residents – part of a series of cost-cutting tactics that has saved the company millions, but at times risked residents’ health, a Guardian investigation has found.
UnitedHealth Group, the nation’s largest healthcare conglomerate, has secretly paid nursing homes thousands in bonuses to help slash hospital transfers for ailing residents – part of a series of cost-cutting tactics that has saved the company millions, but at times risked residents’ health, a Guardian investigation has found.
OpenAI to buy AI startup from Jony Ive
(bloomberg.com)
OpenAI is buying an AI device startup co-founded by Apple veteran designer Jony Ive in a nearly $6.5 billion all-stock deal.
OpenAI is buying an AI device startup co-founded by Apple veteran designer Jony Ive in a nearly $6.5 billion all-stock deal.
The Era of the Business Idiot
(wheresyoured.at)
Fair warning: this is the longest thing I've written on this newsletter. I do apologize.
Fair warning: this is the longest thing I've written on this newsletter. I do apologize.
EU startups fail because their press refuses to hype them up
(twitter.com)
Something went wrong, but don’t fret — let’s give it another shot.
Something went wrong, but don’t fret — let’s give it another shot.
The rise, fall and spectacular comeback of Sam Altman
(theguardian.com)
The short-lived firing of Sam Altman, the CEO of possibly the world’s most important AI company, was sensational.
The short-lived firing of Sam Altman, the CEO of possibly the world’s most important AI company, was sensational.
Ask HN: Pros and cons of offering a self-hosted version of your SaaS?
(ycombinator.com)
I'm working on a SaaS product that simplifies credential collection for businesses. I'm debating whether to offer a self-hosted version alongside our cloud offering.
I'm working on a SaaS product that simplifies credential collection for businesses. I'm debating whether to offer a self-hosted version alongside our cloud offering.
A man who invented Twitter ended up broke
(twitter.com)
Something went wrong, but don’t fret — let’s give it another shot.
Something went wrong, but don’t fret — let’s give it another shot.
After Firing 700 Humans for AI, Klarna Now Wants Them Back
(yahoo.com)
Klarna is backpedaling after cutting hundreds of human jobs and replacing them with artificial intelligence. The Swedish buy-now-pay-later company now says real people are essential to customer service and plans to bring them back—but in a gig-style setup.
Klarna is backpedaling after cutting hundreds of human jobs and replacing them with artificial intelligence. The Swedish buy-now-pay-later company now says real people are essential to customer service and plans to bring them back—but in a gig-style setup.
Chipmaker TSMC is booming, but its factory near Portland is at a low point
(oregonlive.com)
Taiwan Semiconductor Manufacturing Co. enjoyed a remarkable year in 2024, with sales up by more than a third and profits climbing even faster.
Taiwan Semiconductor Manufacturing Co. enjoyed a remarkable year in 2024, with sales up by more than a third and profits climbing even faster.
Elon Musk materially lied to Tesla (TSLA) shareholders – transcript and proof
(electrek.co)
Elon Musk just made public and material lies aimed at Tesla shareholders. Here’s the proof with the relevant transcript.
Elon Musk just made public and material lies aimed at Tesla shareholders. Here’s the proof with the relevant transcript.
Please, stop asking us to open source our products
(candid.dev)
At Candid, we build closed source software, and we believe there’s nothing wrong with that. Unfortunately, some of our customers disagree, and some of the conversations turn into very awkward exchanges.
At Candid, we build closed source software, and we believe there’s nothing wrong with that. Unfortunately, some of our customers disagree, and some of the conversations turn into very awkward exchanges.
The Dawn of Nvidia's Technology
(dshr.org)
Because Nvidia became one of the most valuable companies in the world, there are now two books explaining its rise and extolling the genius of Jensen Huang, Tae Kim's The Nvidia Way: Jensen Huang and the making of a tech giant, and Steven Witt's The Thinking Machine: Jensen Huang, Nvidia, and the World's Most Coveted Microchip.
Because Nvidia became one of the most valuable companies in the world, there are now two books explaining its rise and extolling the genius of Jensen Huang, Tae Kim's The Nvidia Way: Jensen Huang and the making of a tech giant, and Steven Witt's The Thinking Machine: Jensen Huang, Nvidia, and the World's Most Coveted Microchip.
Huawei widens lead in global telecom race, Western giants retreat under pressure
(digitimes.com)
As global telecom players across Europe, the US, Japan, and South Korea face mass layoffs and resource constraints, market contraction is accelerating. Meanwhile, Huawei is bucking the trend, expanding its R&D headcount and consolidating its lead...
As global telecom players across Europe, the US, Japan, and South Korea face mass layoffs and resource constraints, market contraction is accelerating. Meanwhile, Huawei is bucking the trend, expanding its R&D headcount and consolidating its lead...
Microsoft-Backed Builder.ai to Enter Insolvency Proceedings
(bloomberg.com)
Builder.ai, the British artificial intelligence startup backed by Microsoft Corp. and the Qatar Investment Authority, will file an insolvency case after overstating sales figures it provided investors.
Builder.ai, the British artificial intelligence startup backed by Microsoft Corp. and the Qatar Investment Authority, will file an insolvency case after overstating sales figures it provided investors.
xAI's Grok 3 comes to Microsoft Azure
(techcrunch.com)
Microsoft on Monday became one of the first hyperscalers to provide managed access to Grok, the AI model developed by billionaire Elon Musk’s AI startup, xAI.
Microsoft on Monday became one of the first hyperscalers to provide managed access to Grok, the AI model developed by billionaire Elon Musk’s AI startup, xAI.