TSMC’s Kumamoto Recovery
When the 7.1-magnitude earthquake hit Kumamoto prefecture on Aug 2, the semiconductor industry held its breath. The quake killed 38 people and knocked out power to about 48,000 households, according…
SpaceX’s $116 Billion Lockup Countdown
SpaceX reports its first earnings since going public after the market closes today, with a short position of about $23.6 billion hanging over the stock and $116 billion in lockup…
Coldcard’s Random-Number Failure
More than 1,755 bitcoin, worth about $110 million at the time, have been drained from roughly 5,000 wallets whose security was supposed to be unbreakable. The wallets were created with…
Teads Takes Google to Court in New York
Teads, the advertising technology company, sued Google and its parent Alphabet in the U.S. District Court for the Southern District of New York on Aug 3, seeking economic damages and…
Apple’s $10 Billion India Run
Apple’s sales in India crossed $10 billion for the first time in the 12 months through March, according to people familiar with the matter, a double-digit gain that puts the…
Apple’s Memory Crunch Reaches the MacBook Air
On Apple’s website, the delivery estimate for a configured MacBook Air now stretches into late August, and on some configurations into September. The global memory shortage has reached the company’s…
Uber Builds Its Own Robotaxi Web
Uber has spent the past year assembling its own autonomous-driving ecosystem through a string of partnerships and investments, and its relationship with Waymo has grown strained in the process, according…
Microsoft’s 200-Euro Bet on Game Hardware
The price of an Xbox Series X rose by as much as 200 euros in Europe and the UK on August 1, according to Video Games Chronicle, as Microsoft stopped…
SpaceX’s Billion-Share Lockup Expiry
Roughly 1 billion SpaceX shares come out of lockup on August 6, according to Motley Fool and Yahoo Finance, in what will be the largest overhang since the company’s public…
Musk’s Trillion-Dollar Month, Reversed
In mid-June, Elon Musk became the first person on record to hold a fortune of $1 trillion. By the end of July, the title was gone. His net worth has…
