oxhak 1 week ago

TSMC reported record second-quarter revenue above $40 billion, up 36% year over year, while net income rose 77%. Its stock fell 4% as investors questioned the pace of AI-related spending.

TNW | Artificial-Intelligence

TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith.

TSMC raised its 2026 capex forecast to $60-64 billion from $52-56 billion. Record revenue was not enough. The Nasdaq 100 fell 1.4%. The chip index ...

oxhak 1 week ago

Spanish satellite startup Sateliot is seeking up to €150 million to launch 16 more low-Earth orbit satellites and provide 5G data, voice and video directly to ordinary smartphones by early 2028.

TNW | Eu

Spanish satellite startup Sateliot wants €150 million to beam 5G directly to smartphones from orbit

Sateliot is raising up to €150M to deploy 16 satellites next year and offer direct-to-device 5G by 2028. Europe is reserving spectrum for domesti...

oxhak 1 week ago

Index Ventures co-founder Neil Rimer predicts that wealth created by artificial intelligence in Silicon Valley will be redistributed, either voluntarily or through outside pressure.

TechCrunch

Neil Rimer thinks the AI money is coming back out | TechCrunch

Neil Rimer, the venture capitalist who co-founded Index Ventures, predicts the historic wealth AI is generating in Silicon Valley will have to be r...

oxhak 1 week ago

Apple is asking a court to pause further proceedings in its legal battle with Epic Games, citing a newly paused securities fraud lawsuit while the Supreme Court reviews part of the dispute.

9to5Mac

Apple cites paused securities fraud case in bid to halt Epic proceedings - 9to5Mac

Apple is citing a newly paused lawsuit to support its request to pause further lower-court proceedings in its legal battle with Epic Games.

oxhak 1 week ago

Netflix is seeing major drops in viewing figures between successive seasons, with many viewers stopping after a show's first season.

TechRadar

Season 2 drop-offs are a

Netflix is seeing big drop-offs in viewing figures between successive series, and there are several reasons why.

oxhak 1 week ago

More U.S. employees support requiring AI companies to transfer half their stock to a public wealth fund, amid concerns about the industry’s ability to self-regulate and public trust in firms such as Anthropic.

TechRadar

More and more US employees back forcing AI companies to transfer half of their stock into a public wealth fund

Public support for AI appears to be running out

oxhak 1 week ago

Databricks reached a $188 billion valuation after repositioning itself as an AI company. It has also published research on cost savings from using open-weight AI models for coding.

TechCrunch

Databricks hits $188B valuation, extending its run as AI's favorite second act | TechCrunch

Databricks has remade its image into an AI company and has published research on the cost savings of open-weight AI models for coding.

oxhak 1 week ago

Abbott Laboratories is investigating two cybersecurity incidents: unauthorized access to legacy Exact Sciences systems and a separate claim that attackers breached its LabCentral portal and stole company data.

BleepingComputer

Abbott probes two cyber incidents amid extortion claims

Abbott Laboratories is investigating two separate cybersecurity incidents after confirming unauthorized access to internal legacy Exact Sciences sy...

oxhak 1 week ago

An error in Amazon Web Services’ billing system caused some customers’ monthly charges to jump from a few cents to billions of dollars.

WIRED

AWS Billing Glitch Hits Customers With Billion-Dollar Fees

An error with the cloud computing giant’s billing operation caused some customers’ monthly bills to rise from a few cents to billions of dollars.

oxhak 1 week ago

Bitcoin miners’ plans to expand into artificial intelligence are facing fresh scrutiny from investors as the industry explores new business opportunities.

Cointelegraph

Bolivia Eyes USDT as Miners’ AI Pivot Faces New Scrutiny

Bolivia considers recognizing USDT amid a dollar shortage as Bitcoin miners face AI scrutiny, CleanSpark signs a $6.6B lease and Bitmine boosts sta...

oxhak 1 week ago

Bitcoin traded below $63,600 after falling 1.4% for a second day, as Middle East tensions and a tech sell-off pressured markets. https://news.bitcoin.com/bitcoin-traders-pull-btc-below-63k-as-middle-east-tensions-trigger-fresh-risk-off-selling/

oxhak 1 week ago

China’s Moonshot AI has unveiled Kimi K3, a large artificial intelligence model it says can compete with leading systems from OpenAI and Anthropic.

BBC News

China's Moonshot AI claims Kimi K3 can rival OpenAI and Anthropic

The company has unveiled a massive new artificial intelligence model it says can take on top American firms.

oxhak 1 week ago

A San Francisco attorney sent cease-and-desist letters to Apple and Google over 13 “nudify” apps listed in their app stores.

Engadget

Apple and Google ordered by San Francisco attorney to take action against

Google and Apple were sent cease-and-desist letters regarding 13 apps on their respective stores.

oxhak 1 week ago

Bitcoin fell 3.5% below $63,000 as fresh U.S. attacks on Iran lifted oil and the dollar, adding pressure to risk assets.

Bitcoin price buckles below $63K as Trump widens the Iran conflict

oxhak 1 week ago

Patreon is working with Cloudflare to block bots that scrape creators’ content for AI training without permission, moving beyond reliance on robots.txt.

TechCrunch

Patreon stops asking AI bots not to scrape — and starts blocking them | TechCrunch

Patreon is strengthening its defenses against AI scraping by working with Cloudflare to block bots that train AI models on creators’ content with...

oxhak 1 week ago

Greenworks Tools recalled about 554,780 Kobalt yard tools after 34 reports of batteries smoking, sparking, or catching fire while charging through USB-C. No injuries or property damage were reported.

The Verge

Over half a million power tool batteries have been recalled due to a USB-C charging fire risk

Stop charging these Kobalt electric yard tools immediately.

oxhak 1 week ago

Bitcoin faced fresh market pressure as semiconductor stocks fell following news that Kimi K3 led a coding benchmark.

Bitcoin faces fresh headwinds as China’s Kimi beats Claude, GPT in coding benchmark

Moonshot's Kimi K3 took the top spot in frontend coding away from Claude and OpenAI, and it's free. Semiconductor stocks fell, and crypto fell with...

oxhak 1 week ago

A SecurityWeek podcast examines how agentic AI is changing cybersecurity and questions whether governance, compliance, and security practices are keeping pace.

SecurityWeek

Podcast: Broken Governance, Agentic AI, and the MindStone Agent Exclusive

Brian Schleifer interviews Clint Bodungen, Director of AI/ML Engineering at Arcovo and one of the industry’s leading voices in OT and industrial ...

oxhak 1 week ago

A security researcher released the LegacyHive Windows zero-day, which can let attackers gain administrator privileges on fully updated systems.

BleepingComputer

New Windows LegacyHive zero-day gives hackers admin privileges

A security researcher using the "Nightmare Eclipse" handle has released a Windows zero-day exploit dubbed LegacyHive that allows attackers to escal...

oxhak 1 week ago

Bitcoin pulled back to about $63,000 after reaching $65,000 following a soft inflation report, as a global chipmaker selloff weighed on wider markets.

Live markets: Bitcoin and Nasdaq trim large early losses

A deepening global selloff in chipmakers dragged risk assets lower, pulling bitcoin back from the $65,000 level it reached on this week's soft infl...