A Speed Limit Reaches Ukraine’s Drones in Mid-Flight
Overnight into Tuesday, units deployed along the Hulyaypole axis in southeastern Ukraine noticed a pattern in their failures. Starlink terminals mounted on long-range drones were dropping off the network during…
A Delaware Jury Finds Arm Breached a License and Awards Qualcomm $2
The jury in Wilmington deliberated for five days, stalled at one point, and returned Tuesday with a split verdict and an unusual number attached to it. Arm Holdings breached its…
Oracle Offers to Pay for Power It May Not Use, and Commissioners Balk
Oracle walked into a New Mexico county meeting on Tuesday with a guarantee that most utilities never receive: a customer offering to pay for electricity whether it uses it or…
Chip Stocks Slide as Bank Earnings Open the Quarter
The week began with two stories running in opposite directions on the same trading floor. Bank earnings arrived close to expectations, and memory chip shares fell hard enough to drag…
Meta Gives Facebook Users a Text Box for Their Algorithm
Facebook has spent two decades inferring what people want to see from what they click, watch and linger on. This week it began asking them, in writing. Meta said it…
SK Hynix Pushes Part of Its HBM4 Tooling Order Into Next Year
The packaging and inspection machines that SK Hynix ordered for its newest memory chips were due to arrive in the second half of this year. A portion of those orders…
A Nigerian Fintech Takes Its Loan Book to Wall Street
The prospectus OPay filed with the Securities and Exchange Commission contains a figure that would be unremarkable in Silicon Valley and startling in Lagos: 339.1 billion dollars of gross transaction…
Most of the S&P 500 Is Already in a Bear Market
The note that circulated on trading desks this week carried an uncomfortable title: Last Man Standing. Its author, Jonathan Krinsky, the chief market technician at BTIG, was describing a market…
A Memory Rally Meets a Chinese Rival and a Shelved Float
The selling started in Tokyo. Kioxia Holdings fell 13.3% on Tuesday to close at 15,180 yen, the sharpest one-day drop yet for a stock that had nearly quadrupled over the…
Hackers Raised French Supermarket Freezers to 50 Degrees
At an Intermarche in central Paris, staff spent Monday morning hauling carts of defrosted frozen food to a container in the street, with melted ice cream sloshing from broken tubs…
