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Mike Burry says Oracle will overstate earnings by 27% and Meta by 21% due to depreciation gimmic

Mike Burry says Oracle will overstate earnings by 27% and Meta by 21% due to depreciation gimmic

Michael Burry has accused two of America’s biggest tech players, Oracle and Meta, of using what he calls “depreciation gimmicks” to exaggerate thei...
Nebius lands $3B Meta AI contract, posts 355% revenue surge

Nebius lands $3B Meta AI contract, posts 355% revenue surge

Amsterdam-based Nebius Group (NBIS) has signed a $3 billion agreement with Meta Platforms to provide AI infrastructure over the next five years, un...
EU tightens grip on WhatsApp Channels as content rules expand

EU tightens grip on WhatsApp Channels as content rules expand

WhatsApp is the latest platform to enter the European Union’s regulatory spotlight. Meta’s popular messaging service is now preparing to comply wit...
Yann LeCun exit: Meta chief AI scientist leaving to launch AI startup, FT reports

Yann LeCun exit: Meta chief AI scientist leaving to launch AI startup, FT reports

Yann LeCun, Meta’s chief AI scientist and one of the world’s most influential figures in artificial intelligence, is planning to leave the social m...
Interview: AI bubble is real, but more restrained than the dot-com era, says Richard Peterson of MarketPsych

Interview: AI bubble is real, but more restrained than the dot-com era, says Richard Peterson of MarketPsych

Last week, a sell-off in US artificial intelligence-related stocks due to fears of valuations getting out of hand also resurfaced an oft-discussed ...
Democrats say the Trump Administration’s push for massive AI data centers is driving up electricity bills

Democrats say the Trump Administration’s push for massive AI data centers is driving up electricity bills

Democrats are calling out the Trump Administration for turning basic utilities into a Big Tech free-for-all. On Monday, Senators Richard Blumenthal...
CoreWeave revenue jumps to $1.36 billion in Q3, more than double year‑on‑year

CoreWeave revenue jumps to $1.36 billion in Q3, more than double year‑on‑year

CoreWeave reported third-quarter revenue of $1.36 billion on Monday, shattering expectations and posting a 134% increase from the same period a yea...
Revealing the AI Bubble: Why Infrastructure Timelines Threaten Trillion-Dollar Bets

Revealing the AI Bubble: Why Infrastructure Timelines Threaten Trillion-Dollar Bets

BitcoinWorld Revealing the AI Bubble: Why Infrastructure Timelines Threaten Trillion-Dollar Bets Is the AI bubble about to burst, or are we witness...
Privacy activists warn proposed EU privacy changes hand Big Tech freedom to exploit data.

Privacy activists warn proposed EU privacy changes hand Big Tech freedom to exploit data.

Critics of the EU’s latest legal overhaul say Brussels is now sailing close to the wind on data rights, and possibly crossing a line Europe claimed...
Treasury yields stabilize as U.S. shutdown deal advances, boosting market sentiment

Treasury yields stabilize as U.S. shutdown deal advances, boosting market sentiment

Treasury yields rise after signs of progress toward ending the U.S. government shutdown.