Meta Fixed Its Glasses and Didn’t Say What Broke
The complaint appeared on Reddit before it appeared anywhere else. A user of Ray-Ban Meta glasses wrote that the frames had been capturing conversations with other people when nobody had…
HSBC Asks What a Data Center Contract Is Worth
Georges Elhedery was asked about artificial intelligence and answered in the vocabulary of a credit officer. The technology is transformational, the HSBC chief executive told CNBC’s Dan Murphy on October…
The Order Book Outruns the Assembly Line at ABB
The orders came to $12.05 billion in the three months through September, 40 percent more than a year earlier and the largest quarterly intake in the company’s history. The revenue…
Oracle and AstraZeneca Attack the Slowest Step in Drug Development
The trial has a protocol, a budget, a regulator’s blessing and a clinical team waiting. What it does not have is enough patients, and that shortage is where most of…
Anthropic Buys the Company That Kept Data Encrypted While It Was Used
The company being acquired announced the deal first. Opaque Systems, a confidential computing startup spun out of a Berkeley research lab, posted a farewell note on its website on October…
The Paper Fortune Inside Eric Schmidt’s Anthropic Stake
One percent of a company sounds like a rounding error until the company is Anthropic and the number attached to it is two trillion dollars. At that valuation the stake…
JPMorgan Puts a Number on the Banks’ CoreWeave Problem
The 2031 notes yield close to 16 percent, the shares fell 25 percent last week, and the question circulating on credit desks was the one nobody had answered with a…
SpaceX’s Second Earnings Report and the $13 Billion Question
SpaceX was scheduled to report third-quarter results after the close of trading on Tuesday, and as of Tuesday afternoon in New York the company had published nothing. What the market…
Elice Falls 32% in Seoul, and the AI Trade Meets the Kosdaq
The offer price was 90,500 won. Elice opened lower, kept falling, and closed its first session on the Kosdaq at 61,500 won, down 32 percent, after touching 61,400 earlier in…
Microsoft Treats Its Own AI Agents as Insider Threats
An agent that can read a manager’s inbox, query the billing system and start a payment has the reach of the employee who authorized it. Microsoft said on the evening…
