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Musk's acquisition of Twitter for over a year will result in nearly $2 billion in losses for the banks that provided it with loans
On October 27th, it was reported that when Tesla CEO Elon Musk agreed to spend $44 billion last year to acquire X (formerly Twitter), several US banks provided $13 billion in loans to him. However, just a year later, these banks are prepared to sell off these debts, even if they bear a loss of $2 billion...
Industry dynamics 2023-10-29 23:45:48 -
Microsoft's revenue in the first quarter of the 2024 fiscal year was $56.5 billion, with a net profit of $22.3 billion, a year-on-year increase of 27%
On October 25th, Microsoft announced its financial results for the first quarter of the 2024 fiscal year as of September 30, 2023, after hours local time on Tuesday. According to the financial report, Microsoft's revenue for the quarter was $56...
Industry dynamics 2023-10-29 23:45:48 -
Intel's revenue in the third quarter decreased by 8% year-on-year to $14.16 billion, marking the seventh consecutive quarterly year-on-year decline in revenue
On Thursday, local time, Intel announced its third quarter financial report as of September 30, 2023. According to the financial report, Intel's revenue in the third quarter was $14...
Industry dynamics 2023-10-29 23:45:48 -
Data shows that Microsoft has laid off 16000 employees within 9 months, higher than the layoff target announced in January
On October 26th, it was reported that as of September 30th, 2023, Microsoft's global workforce had decreased to 215500, a decrease of over 16000 people from the peak of 232000 at the end of 2022, significantly exceeding the company's plan to lay off 10000 people announced in January.According to Microsoft Chief Financial Officer Amy Hood's statement on Tuesday during the company's earnings conference call, US media calculated Microsoft's latest total number of employees...
Industry dynamics 2023-10-29 23:45:48 -
Qualcomm hinted that the pricing of the fourth generation Snapdragon 8 next year could be higher, making it its most expensive mobile SoC
Previously, it was reported that the pricing of Qualcomm's third-generation Snapdragon 8 is higher than before, and customers need to spend more money to purchase the flagship SoC of mobile platforms. Moreover, this trend of price increases does not seem to end here, and prices may even reach new highs...
Mobile Internet 2023-10-29 23:45:24 -
Returning to the top three globally is possible! Huawei's mobile phone sales increased by 37% year-on-year in the third quarter, with Mate 60 becoming the biggest winner
On October 27th, KuaiTech reported that in the third quarter of 2023, China's smartphone sales decreased by 3% year-on-year, indicating that the market may have bottomed out and signs of market recovery are approaching.Thanks to the newly launched Mate60 series (equipped with Kirin 9000SSoC chips), Huawei's mobile phone sales in the third quarter increased by 37% year-on-year...
Mobile Internet 2023-10-29 23:45:19 -
Apple iOS 17.2 officially released, with unprecedented 5G signal and strong battery life
Apple released iOS 17.2 today, and many fans have admitted that they cannot keep up with the Apple update...
Mobile Internet 2023-10-29 23:45:16 -
Postal Savings Bank Jiangsu Branch Digital RMB Exhibition Area Appears at the 2023 Jiangsu Internet Conference
Event site. Postal Savings Bank Jiangsu Province Branch for Map SupplyFrom October 23rd to 24th, the 2023 (10th) Jiangsu Internet Conference was held at the Nanjing International Expo and Convention Center...
Blockchain 2023-10-29 23:45:10 -
On October 24th, the PROSHARES Bitcoin Strategy ETF rose 8.3% in pre market trading as Bitcoin rose to a high in over a year.
16: 28:54 Caixin Associated Press, October 24 (Xinhua) - The PROSHARES Bitcoin Strategy ETF rose 8.3% in pre market trading as Bitcoin rose to a high in over a year...
Blockchain 2023-10-29 23:45:06 -
On Wednesday, the Nasdaq fell more than 2%, Microsoft bucked the trend and rose more than 3%, and Google fell nearly 10%
On October 26th, it was reported that on Wednesday US time, the main stock indexes of the US stock market closed sharply lower, with technology stocks leading the decline. Previously, the financial reports released by Alphabet and Microsoft were mixed, while longer-term US Treasury yields also resumed their upward momentum...
internet 2023-10-26 09:13:29 -
Net profit surged by 164%! Meta's third quarter revenue increased by 23% year-on-year to $34.1 billion, with a net profit of $11.6 billion
On Wednesday, October 26th, local time in the United States, Facebook parent company Meta released its financial report for the third quarter of 2023 as of September 30th. According to the financial report, Meta's revenue in the third quarter was $34...
internet 2023-10-26 07:38:46 -
OpenAI's first batch of investors, Kosra: Most AI startups are overvalued
On October 25th, it was reported that when artificial intelligence startup OpenAI transformed from a non-profit organization toCap profitAt the time of the company, Silicon Valley venture capitalist Vinod Khosla boldly took the first step. His subsidiary, Kosra Venture Capital, invested $50 million in OpenAI, which is its largest investment in 15 years since its establishment...
Intelligent devices 2023-10-25 11:48:03
