IT industry & companies
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- IT industry & companies
Tesla scales back Cybertruck output
Elon Musk announced Tesla will wind down Cybertruck production at Gigafactory Texas around mid-next year. The move makes room for increased Cybercab production after disappointing sales.
Full story at Futurism ↗ - IT industry & companies
Trump's memecoin hits new record low
Donald Trump's crypto coin fell to an all-time low of $1.12 after the US midterm elections, down from $1.70 just before the vote. Investors who bought in earlier, when it traded near $2.00, face steep losses.
Full story at Futurism ↗ - IT industry & companies · Artificial intelligence
Nasdaq futures rebound led by Nvidia, AI stocks
US stock futures recovered Friday as tech shares bounced back from Thursday's steep losses, with Nasdaq-100 futures up about 1.4%. Investors awaited the October jobs report and weighed concerns over AI spending and regulation.
Full story at Analytics Insight ↗ - IT industry & companies
Apple Canada extends holiday return window
Apple's Canadian store has extended its return policy for the holiday season. Orders placed now can be returned until January 8.
Full story at MobileSyrup ↗ - Artificial intelligence · IT industry & companies
BuzzFeed stock plunges after AI pivot falters
BuzzFeed's stock price has fallen sharply following a weak Q3 earnings report. The company had bet heavily on AI-generated content after reporting a $57.3 million net loss for 2025.
Full story at Futurism ↗ - IT industry & companies · Artificial intelligence
Investors push back on Anthropic's planned IPO
Investors are resisting the $1.5 trillion valuation for Anthropic's IPO. The tech market is also selling off, which puts the listing in trouble.
Full story at The Decoder ↗ - Cloud & data centers · Artificial intelligence · IT industry & companies
Protesters storm unfinished Microsoft data center in Amsterdam
Around 100 activists scaled the fences of an unfinished Microsoft data center campus in Amsterdam on Friday and blocked construction. Hundreds more protested against the AI industry outside.
Full story at Futurism ↗ - IT industry & companies
Tesla to wind down Cybertruck production
Elon Musk said on X that Tesla will wind down Cybertruck production at Gigafactory Texas around the middle of next year.
Full story at MobileSyrup ↗ - Chips & hardware · IT industry & companies
Apple to release two more products next week
The HomeView smart home hub and fourth-generation Apple TV 4K are due on Friday, November 13. No other major hardware releases are expected for the rest of the year.
Full story at MacRumors ↗ - IT industry & companies
Disney raises Disney+ prices
Ad-free Disney+ Premium now costs $21.49 a month, up from $18.99. The ad-supported tier rose to $12.49, while the Disney+ and Hulu bundle with ads stays at $12.99.
Full story at pocket-lint.com ↗
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