Alibaba cuts prices on its visual language model Qwen-VL by up to 85%.
confirmed 1 article 2024-12-31
Alibaba Qwen-VL
Alibaba cuts prices on its visual language model Qwen-VL by up to 85%, after cutting Qwen prices by as much as 97% in May, amid growing AI competition in China
CNBC · 2024-12-31 · #12
Alibaba's price reductions occur amid growing AI competition in China.
confirmed 1 article 2024-12-31
Alibaba AI competition in China
Alibaba cuts prices on its visual language model Qwen-VL by up to 85%, after cutting Qwen prices by as much as 97% in May, amid growing AI competition in China
CNBC · 2024-12-31 · #12
US ETFs, including BlackRock's IBIT, helped drive Bitcoin above $100,000 in mid-December.
confirmed 1 article 2024-12-31
US ETFs BlackRock IBIT Bitcoin $100,000 mid-December
BlackRock's Bitcoin ETF surpassed $50B in assets in 11 months, marking the fastest-growing ETF debut ever, and helping BTC exceed $100K in mid-December
Bloomberg · 2024-12-31 · #6
Samsung Electronics invests $181M in Rainbow Robotics, raising its stake to 35% and becoming the largest shareholder.
confirmed 1 article 2024-12-31
Samsung Electronics Rainbow Robotics
Samsung invests $181M in South Korean robot maker Rainbow Robotics, boosting its stake to 35%, and launches a Future Robotics Office reporting to the CEO
Reuters · 2024-12-31 · #9
BlackRock's Bitcoin ETF (IBIT) grew to more than $50 billion in assets within 11 months.
confirmed 1 article 2024-12-31
BlackRock IBIT $50 billion 11 months
BlackRock's Bitcoin ETF surpassed $50B in assets in 11 months, marking the fastest-growing ETF debut ever, and helping BTC exceed $100K in mid-December
Bloomberg · 2024-12-31 · #6
Alibaba cut prices on its Qwen model by as much as 97% in May.
confirmed 1 article 2024-12-31
Alibaba Qwen
Alibaba cuts prices on its visual language model Qwen-VL by up to 85%, after cutting Qwen prices by as much as 97% in May, amid growing AI competition in China
CNBC · 2024-12-31 · #12
IBIT achieved the fastest-growing ETF debut ever.
confirmed 1 article 2024-12-31
IBIT fastest-growing ETF debut
BlackRock's Bitcoin ETF surpassed $50B in assets in 11 months, marking the fastest-growing ETF debut ever, and helping BTC exceed $100K in mid-December
Bloomberg · 2024-12-31 · #6
Intel lost 61% of its market value in 2024, its worst year since going public in 1971.
confirmed 1 article 2024-12-31
Intel market value
In 2024, Intel had its worst year since going public in 1971, losing 61% of value; Broadcom stock soared 111%, its best performance ever, driven by AI revenue
CNBC · 2024-12-31 · #2
Mobvista's Hong Kong-listed stock surged approximately 190% in 2024.
confirmed 1 article 2024-12-31
Mobvista
Sources: Mobvista explores selling mobile ad platform Mintegral after getting interest from buyers like Bain Capital; Mobvista stock in HK surged ~190% in 2024
Bloomberg · 2024-12-31 · #18
Broadcom's stock rose 111% in 2024 — its best performance ever — driven by AI-related revenue.
confirmed 1 article 2024-12-31
Broadcom AI revenue
In 2024, Intel had its worst year since going public in 1971, losing 61% of value; Broadcom stock soared 111%, its best performance ever, driven by AI revenue
CNBC · 2024-12-31 · #2
Netflix is now considered a serious contender in the live sports market.
confirmed 1 article 2024-12-30
Netflix live sports
Netflix's foray into live sports caps off a strong year, with its share price up 90%+ in 2024, but the stock's rich valuation sets a high bar for follow-up act
Wall Street Journal · 2024-12-30 · #26
Netflix's rich valuation sets a high bar for follow-up acts and future performance expectations.
confirmed 1 article 2024-12-30
Netflix
Netflix's foray into live sports caps off a strong year, with its share price up 90%+ in 2024, but the stock's rich valuation sets a high bar for follow-up act
Wall Street Journal · 2024-12-30 · #26
A LinkedIn post claims Netflix is on pace to grow 2025 revenue at more than twice the rate of 2023 and to grow its subscriber base.
rumored 1 article 2024-12-30
Netflix
Netflix's foray into live sports caps off a strong year, with its share price up 90%+ in 2024, but the stock's rich valuation sets a high bar for follow-up act
Wall Street Journal · 2024-12-30 · #26
Data centers have become the fastest-growing type of commercial real estate investment.
confirmed 1 article 2024-12-30
data centers fastest-growing commercial real estate investment
Some residents and lawmakers worry that the pace of Atlanta metro's data center growth, projected to hit 4,000+ MW by 2028, up 30x since 2012, has gone too far
Wall Street Journal · 2024-12-30 · #24
Data center capacity in the Atlanta metro is projected to exceed 4,000 MW by 2028, a roughly 30-fold increase since 2012.
confirmed 1 article 2024-12-30
Atlanta metro data centers 4,000+ MW by 2028 30x increase since 2012
Some residents and lawmakers worry that the pace of Atlanta metro's data center growth, projected to hit 4,000+ MW by 2028, up 30x since 2012, has gone too far
Wall Street Journal · 2024-12-30 · #24
Bitcoin's rally has lost steam near the end of 2024.
confirmed 1 article 2024-12-30
Bitcoin
Bitcoin's rally, fueled by Trump's reelection, has lost steam near the end of 2024; bitcoin hovers at ~$92K, around $16,500 below its mid-December record
Bloomberg · 2024-12-30 · #25
Cambricon's stock jumped 383% in 2024, lifting its market capitalization to about $37 billion.
confirmed 1 article 2024-12-30
Cambricon $37B market cap 383% stock increase (2024)
Chinese AI chip designer Cambricon's stock jumped 383% in 2024, giving the company a $37B market cap, driven by the localization of AI chips in the country
Bloomberg · 2024-12-30 · #21
DFC Intelligence expects GTA VI to be a bright spot in an otherwise lackluster video games market.
rumored 1 article 2024-12-30
DFC Intelligence GTA VI video games market
DFC Intelligence expects GTA VI to generate $3.2B in its first year, double that of 2013's GTA V, making it a bright spot in a lackluster video games market
Financial Times · 2024-12-30 · #9
DFC Intelligence projects Grand Theft Auto VI will generate $3.2 billion in its first year, roughly double the first-year revenue of 2013's GTA V.
rumored 1 article 2024-12-30
DFC Intelligence GTA VI $3.2B first year GTA V
DFC Intelligence expects GTA VI to generate $3.2B in its first year, double that of 2013's GTA V, making it a bright spot in a lackluster video games market
Financial Times · 2024-12-30 · #9
Bench abruptly shut down last week, leaving customers locked out of their accounts.
confirmed 1 article 2024-12-30
Bench
Source: accounting startup Bench, which had raised $100M+ and abruptly shut down last week, will be acquired by Employer.com for an undisclosed price
TechCrunch · 2024-12-30 · #10
Bench had previously raised over $100 million in funding prior to shutting down.
confirmed 1 article 2024-12-30
Bench
Source: accounting startup Bench, which had raised $100M+ and abruptly shut down last week, will be acquired by Employer.com for an undisclosed price
TechCrunch · 2024-12-30 · #10
Tether says it is on track for a record $10B net profit in 2024.
confirmed 1 article 2024-12-30
Tether $10B net profit (2024)
As Tether says it is on track for a record $10B net profit in 2024, banks around the world are exploring launching their own stablecoins for payments
Bloomberg · 2024-12-30 · #14
The localization of AI chip production in China contributed to increased demand and helped drive Cambricon's stock surge and market cap growth.
confirmed 1 article 2024-12-30
Localization of AI chips in China Cambricon
Chinese AI chip designer Cambricon's stock jumped 383% in 2024, giving the company a $37B market cap, driven by the localization of AI chips in the country
Bloomberg · 2024-12-30 · #21
Netflix's share price rose over 90% in 2024.
confirmed 1 article 2024-12-30
Netflix
Netflix's foray into live sports caps off a strong year, with its share price up 90%+ in 2024, but the stock's rich valuation sets a high bar for follow-up act
Wall Street Journal · 2024-12-30 · #26
Ransomware could cost victims $265 billion annually by 2031 according to the projection cited in the article.
rumored 1 article 2024-12-30
ransomware victims
How cloud computing, AI, and geopolitics could shape the evolution of ransomware, which could cost victims $265B annually by 2031, as the AIDS Trojan turns 35
CNBC · 2024-12-30 · #8
Netflix attracted 38 million viewers for the Paul vs. Tyson fight.
confirmed 1 article 2024-12-30
Netflix Paul vs. Tyson fight
Netflix's foray into live sports caps off a strong year, with its share price up 90%+ in 2024, but the stock's rich valuation sets a high bar for follow-up act
Wall Street Journal · 2024-12-30 · #26
Reddit must grow its ad and content-licensing revenue to justify its market valuation.
rumored 1 article 2024-12-30
Reddit ad revenue content licensing revenue market valuation
Reddit must continue growing its ad and content licensing revenue to justify its market valuation, which could fast-track the platform's “enshittification”
Slate · 2024-12-30 · #23
Bitcoin is trading around $92,000, approximately $16,500 below its mid-December record.
confirmed 1 article 2024-12-30
Bitcoin
Bitcoin's rally, fueled by Trump's reelection, has lost steam near the end of 2024; bitcoin hovers at ~$92K, around $16,500 below its mid-December record
Bloomberg · 2024-12-30 · #25
Alphabet shares experienced the biggest rally since 2015 following the April earnings report.
confirmed 2 articles 2024-12-28 — 2024-12-29
Alphabet
A look at Google's pressure-filled 2024 under Sundar Pichai, notching some AI wins with new Gemini models and navigating product mishaps, layoffs, and more
CNBC · 2024-12-28 · #3
Alphabet posts a blowout earnings report in April 2024.
confirmed 2 articles 2024-12-28 — 2024-12-29
Alphabet
A look at Google's pressure-filled 2024 under Sundar Pichai, notching some AI wins with new Gemini models and navigating product mishaps, layoffs, and more
CNBC · 2024-12-28 · #3