Broadcom posted a fiscal Q4 earnings and revenue beat, guiding for $19.1B in Q1 revenue. Yet, the stock dropped 6% premarket. The culprit? Concerns over margin dilution and the timing of its massive AI revenue ramp.
Meta is overhauling its VR business model, planning to increase headset prices and slow the pace of new hardware launches. The move comes as its Reality Labs division continues to hemorrhage money, with over $70 billion in losses since 2021.
FileMaker Pro is arguably Apple’s most successful Windows application, a database tool with a history that nearly saw it owned by Microsoft. From its origins in 1982 as “Nutshell” for the PC to powering systems at the BBC, it’s a piece of software that has defined entire careers while flying under t
Japan’s push to revive its chip industry is getting a massive financial boost. Rapidus, the national 2nm chip venture, is securing up to $12.8 billion in loans from the country’s three megabanks, with investments pouring in from over 20 major corporations.
According to a Forbes analysis, AI agents are beginning to autonomously evaluate and purchase software, challenging traditional SaaS models. This shift is forcing a move from per-seat pricing to outcome-based contracts, like Zendesk charging $1.50 per resolved customer case. Industry experts warn th
The UK’s Information Commissioner’s Office has fined LastPass £1.2 million for a devastating 2022 data breach. The penalty notice reveals a shocking chain of failures, from a compromised Plex server to a policy letting staff use the same password for work and personal vaults.
Broadcom is set to report Q4 earnings after the bell on Thursday. Wall Street expects a 25% revenue jump, with all eyes on its AI chip business powering giants like Google and OpenAI. The stock is already at an all-time high, up 75% this year.
A new article from Inc. argues that banking’s future hinges on emotional support during life’s hardest moments, not just financial transactions. With younger customers more willing to switch, banks are finding that care and trust are the ultimate competitive advantages.
Oracle’s disappointing quarterly report sent its stock tumbling and dragged down other AI names. The miss is raising serious questions about whether the breakneck spending on AI infrastructure can deliver returns fast enough for investors.
European Commission officials conducted an unannounced inspection at Temu’s Dublin HQ last week. The probe is under the Foreign Subsidies Regulation, which can lead to fines up to 10% of a company’s annual turnover.
