Lyft’s CEO Says, ‘We’re the Good Uber’
David Risher insists that Lyft has lowered its prices and that customers who only check his competitor’s app are “leaving money on the table.”
Lyft’s CEO Says, ‘We’re the Good Uber’ Read More »
Business
Auto Added by WPeMatico
The AI boom’s least glamorous winner just filed for a $5bn listing, and it wires Google and Amazon’s data centres
While attention fixes on Nvidia and the AI models, the companies quietly wiring the data centres together are booming. Eoptolink, a Chinese maker of high-speed optical transceivers, has filed for a Hong Kong listing that could raise up to $5bn, Bloomberg reports. The plan is a secondary listing on top of its existing Shenzhen shares. It […]
This story continues at The Next Web
Trump is selling high-speed access to his market-moving Truth Social posts
Trump Media, the company behind Truth Social, is selling Wall Street faster access to the “most market-moving” posts on the US President’s social media platform. On Thursday, Trump Media announced plans to launch “Truth API,” a licensed real time data feed for businesses that provides “the fastest access to Truth Social’s most influential accounts.” It […]
Trump is selling high-speed access to his market-moving Truth Social posts Read More »
Airbus is moving its most critical apps off AWS to a French cloud
Airbus is pulling some of its most sensitive systems off Amazon Web Services and onto a European cloud. The aerospace group has picked French provider Scaleway to host them, Scaleway said. The move covers the applications Airbus needs to keep running as a “minimum viable company.” That is about 900 apps, starting with 70 now […]
This story continues at The Next Web
Airbus is moving its most critical apps off AWS to a French cloud Read More »
Coca-Cola halted fairlife’s US production after a ransomware attack
Coca-Cola says its fairlife dairy unit was hit by ransomware, and has suspended all US production while it investigates. A ransomware attack has stopped production at one of Coca-Cola’s biggest dairy brands. The company said fairlife found unauthorised access to part of its systems, including production systems, in a statement. Coca-Cola disclosed the breach to […]
This story continues at The Next Web
Coca-Cola halted fairlife’s US production after a ransomware attack Read More »
A Humanoid Company Backed by Eric Trump Is Preparing Its Robots for War
The CEO of Foundation Future Industries, which counts the president’s son as its chief strategy adviser, tells WIRED it’s exploring some “kinetic things.”
A Humanoid Company Backed by Eric Trump Is Preparing Its Robots for War Read More »
SoftBank lines up a new $60bn bond to keep its OpenAI bet funded
Sixty billion dollars is a lot of bond, even by SoftBank Group’s standards. The Japanese conglomerate is reportedly preparing to raise up to that much in fresh debt, according to Bloomberg, a target that would eclipse anything Masayoshi Son’s firm has sold before and that lands squarely behind its swelling bet on OpenAI. The plan […]
This story continues at The Next Web
SoftBank lines up a new $60bn bond to keep its OpenAI bet funded Read More »
Mitsubishi Electric weighs power-chip merger with Rohm and Toshiba
Japan’s three biggest power-chip makers want to become one company, and the wiring is proving harder to rearrange than the ambition. Mitsubishi Electric is exploring a combination of its power-semiconductor operations with those of Rohm and Toshiba, according to people familiar with the matter cited by Bloomberg. The talks are part of a wider scramble to […]
This story continues at The Next Web
Mitsubishi Electric weighs power-chip merger with Rohm and Toshiba Read More »
Databricks hits $188bn valuation in Coatue-led round, landing above its own $175bn talks
$188bn is a large number for a company that keeps insisting it is in no rush to go public. That is the valuation Databricks has reached in a new funding round led by Coatue Management, a figure first reported by the Wall Street Journal. The mark sits well above the up-to-$175bn the firm was reportedly in […]
This story continues at The Next Web
Databricks hits $188bn valuation in Coatue-led round, landing above its own $175bn talks Read More »
PayPal board rebuffs $53bn Stripe and Advent bid as too low, sources say
PayPal’s board reckons that a $53bn (£39bn) joint takeover approach from Stripe and the private-equity firm Advent International sells the payments pioneer short, the latest twist in a fast-moving round of payments consolidation. People familiar with the talks told Reuters the directors view the offer as inadequate and have yet to respond formally. The approach values PayPal at […]
This story continues at The Next Web
PayPal board rebuffs $53bn Stripe and Advent bid as too low, sources say Read More »