Articles from www.wsj.com

Articles from www.wsj.com

PitchBook: seven banks' ~$13B loans to Elon Musk to buy X have been “hung” for two years, weighing on balance sheets, the worst buyout for banks since 2008-09 (www.wsj.com)
2024-8-20 Elon Musk

AMD agrees to buy New Jersey-based ZT Systems, founded in 1994 to design and make servers, server racks, and other infrastructure, for $4.9B, closing in H1 2025 (www.wsj.com)
2024-8-19 AMD

How Worldcoin is building its World ID identity system, trying to assuage government and privacy activists' concerns about its iris scanning tech and data usage (www.wsj.com)
2024-8-19

A look at the rise in demand for data center technicians in the US; CompTIA says technicians' pay is up 43% in the past three years to a median of $75,100 (www.wsj.com)
2024-8-15

Eric Schmidt says he “misspoke” when he said Google was losing the AI race because it decided that “working from home was more important than winning” (www.wsj.com)
2024-8-15 Google AI

Foxconn reports Q2 revenue up 19% YoY to ~$48B and net profit up 6% YoY to ~$1.08B, above ~$1.04B est., on strong AI server demand; its stock is up ~80% in 2024 (www.wsj.com)
2024-8-14 AI

Hands-on with Gemini Live: conversationally, a big step forward, but functionally, a step back in some ways, largely because it works entirely in the cloud (www.wsj.com)
2024-8-14

Sources: Chinese internet companies have been testing Huawei's new Ascend 910C chip in recent weeks; Huawei told clients the chip compares to Nvidia's H100 (www.wsj.com)
2024-8-13 China Nvidia

How Iran has emerged as the most aggressive foreign threat to the US election; Microsoft published a report detailing multiple efforts to target the election (www.wsj.com)
2024-8-12 Microsoft Iran

How Elon Musk is diverting talent, data, and GPUs from his other businesses to xAI, leading to lawsuits that such resource shifting is hurting Tesla investors (www.wsj.com)
2024-8-12 Tesla Elon Musk

Sources: enterprise AI company Glean is in advanced talks to raise $250M led by DST Global at a $4.5B valuation, about double its valuation from February 2024 (www.wsj.com)
2024-8-9 AI

AI threatens to upend India's $250B outsourcing industry, as companies plan to automate BPO; HSBC says 80%+ of the S&P 500 outsource some operations to India (www.wsj.com)
2024-8-7 India AI HSBC

How Google's Character.AI deal, which sources say had a $2B licensing fee, and other Big Tech AI deals show startups are seeking bailouts after raising billions (www.wsj.com)
2024-8-6 Google Startup AI

Mainframes are finding a new life in the AI era, as some banks, insurance providers, and airlines look to use them to run AI locally rather than in the cloud (www.wsj.com)
2024-8-6 AI Insurance

Investor letter: Josh Kushner says Thrive Capital raised $1B early-stage and $4B late-stage funds, its largest-ever pair of funds, after backing OpenAI in 2023 (www.wsj.com)
2024-8-5

Despite a weak earnings report, corporations are still buying from Intel, which continues to dominate market share for non-AI computing workloads on servers (www.wsj.com)
2024-8-5 Intel AI

Sources: OpenAI has a watermarking tech to detect text written by ChatGPT with 99.9% reliability, but the project launch has been mired in internal debates (www.wsj.com)
2024-8-5

A profile of Huawei, which has expanded into new businesses, built out its supply chain, and boosted profit, thanks to billions of dollars in Beijing support (www.wsj.com)
2024-8-3

An investigation finds 450+ illicit drug ads on Facebook and Instagram from March to June 2024, some showing bottles or bricks of cocaine; Meta removed the ads (www.wsj.com)
2024-7-31 Facebook Instagram

T-Mobile now has five partnerships with fiber internet providers that could serve millions of US users in the coming years, in a bid to catch AT&T and Verizon (www.wsj.com)
2024-7-31 Mobile AT&T

How Elon Musk and X's division of labor stymied some of Linda Yaccarino's plans, like a Visa deal; internal figures show X had 250.8M DAUs in Q2, up 1.56% YoY (www.wsj.com)
2024-7-31 Elon Musk

Amazon is expanding its one- to two-day delivery to rural areas in the US, using hyper-efficient warehouses, contracted drivers, and mom-and-pop shops (www.wsj.com)
2024-7-31 Amazon

Sources: Twitch remains unprofitable a decade after Amazon's acquisition; Docs show Twitch generated ~$667M in ad revenue and $1.3B in commerce revenue in 2023 (www.wsj.com)
2024-7-29 Amazon

A now freed Ethiopian man named Guracha Belachew Bersha details how he scammed hundreds online after he was enslaved in a pig butchering scam center in Myanmar (www.wsj.com)
2024-7-29

How podcasting is turning into an industry of megastars with huge deals and the biggest audiences; Edison: the top 25 podcasts reach ~50% of US weekly listeners (www.wsj.com)
2024-7-29

Sources: Talkie, which lets users chat with AI personas of celebrities and was one of most downloaded AI apps in the US in H1, is owned by China-based MiniMax (www.wsj.com)
2024-7-28 China AI

A profile of CrowdStrike CEO George Kurtz, who co-founded CrowdStrike in 2011 after departing as McAfee's CTO following Intel's acquisition of McAfee for $7.68B (www.wsj.com)
2024-7-27 Intel

Filing: the US DOJ says TikTok collected data about its users' views on gun control, abortion, and religion, and censored content at ByteDance's direction (www.wsj.com)
2024-7-27 Gun Control

US unions are trying to organize staff at chip firms set to receive CHIPS Act grants; CWA is pushing to organize workers at Intel and other big chip companies (www.wsj.com)
2024-7-27 Intel

Inside JD Vance's VC career: five years, two firms before co-founding Narya, investing in AppHarvest, which faced lawsuits and filed for bankruptcy, and more (www.wsj.com)
2024-7-26 Career

Previous Page Next Page