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Author: sleon

January 31, 2025news

Apple files an emergency motion to halt the remedy trial of the DOJ vs. Google case while it appeals a court’s denial of its request to intervene as a defendant (Lauren Feiner/The Verge)

Apple doesn’t want to be a “mere spectator” at the trial. Read More »

January 31, 2025news

Tether had $13B in 2024 net profits, including ~$7B from its US Treasuries and repo holdings, and $5B from unrealized appreciation of gold and bitcoin holdings (Krisztian Sandor/CoinDesk)

The group also increased its bitcoin holdings last quarter for the first time since March, holding nearly 84,000 BTC worth about $7.8 […]

January 31, 2025news

Apple agrees to a $20M settlement to resolve claims that some Watch batteries swelled over time, potentially damaging other key components, such as the display (Samantha Kelly/CNET)

Eligible Apple Watch owners have until April 10 to apply for a payout. Read More »

January 31, 2025news

Atlassian reports Q2 revenue of $1.29B vs. $1.24B est. and expects 26.5% cloud growth, 21.5% data center growth for the fiscal year; TEAM jumps 18%+ (Samantha Subin/CNBC)

Atlassian benefited from robust cloud and data center growth during the period as more customers turned to artificial intelligence solutions. Read More […]

January 31, 2025news

Sources: STMicroelectronics is considering reducing its workforce by about 6%, or up to 3,000 jobs, through early retirements and attrition, amid a chip slump (Bloomberg)

Sources: STMicroelectronics is considering reducing its workforce by about 6%, or up to 3,000 jobs, through early retirements and attrition, amid a […]

January 30, 2025news

PitchBook: a spike in stock-market volatility due to DeepSeek may further complicate hopes for a rebound in venture-backed IPOs in 2025 (Bloomberg)

PitchBook: a spike in stock-market volatility due to DeepSeek may further complicate hopes for a rebound in venture-backed IPOs in 2025 (Bloomberg) […]

January 30, 2025news

PitchBook: a spike in stock-market volatility due to DeepSeek may further complicate hopes for a rebound in venture-backed IPOs in 2025 (Bloomberg)

PitchBook: a spike in stock-market volatility due to DeepSeek may further complicate hopes for a rebound in venture-backed IPOs in 2025 (Bloomberg) […]

January 30, 2025news

DataBank, which provides high-performance compute-ready data centers for enterprise clients, raised $250M from PE firm TJC and $600M in a secondary share offer (Kyle Wiggers/TechCrunch)

Data center operator DataBank has raised $250 million in an equity investment and an additional $600 million in a secondary share sale. […]

January 30, 2025news

DataBank, which provides high-performance compute-ready data centers for enterprise clients, raised $250M from PE firm TJC and $600M in a secondary share offer (Kyle Wiggers/TechCrunch)

Data center operator DataBank has raised $250 million in an equity investment and an additional $600 million in a secondary share sale. […]

January 30, 2025news

Mark Zuckerberg says he wants to make Facebook “way more culturally influential than it is today” and he is focused on returning to “OG Facebook” in 2025 (Ryan Christoffel/9to5Mac)

Meta’s Mark Zuckerberg plans to focus this year on getting back to ‘OG Facebook,’ here’s what that means per the CEO. Read […]

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