Michael Saylor’s MicroStrategy just made its largest Bitcoin purchase since July, buying $835.6 million worth during last week’s market dip. The company now holds nearly 650,000 BTC worth over $61 billion. This massive bet reinforces Saylor’s digital-asset treasury strategy.
Gabe Newell received his new Oceanco superyacht on November 12, the same day Valve revealed the Steam Machine. The Leviathan features 15 gaming stations, racing simulators, and research facilities. The Valve co-founder now owns both multiple yachts and the yacht builder itself.
TotalEnergies is making a massive €5.1 billion investment in gas-fired electricity generation through a partnership with Czech billionaire Daniel Křetínský. The deal creates a 50-50 joint venture covering 14GW of power assets across Europe. This strategic move accelerates Total’s power division cash
Singapore Exchange Ltd. is entering the volatile crypto derivatives market with Bitcoin and Ether perpetual futures. These “perps” played a major role in the October crash that erased at least $19 billion. Now a traditional exchange wants a piece of the action.
Microsoft, Alphabet, Amazon and Meta are spending unprecedented billions on AI infrastructure while reporting strong growth. But Tencent’s approach reveals an alternative model that might be more sustainable long-term. The AI super-cycle is officially here, but profitability remains the ultimate tes
Andreessen Horowitz is going all-in on viral marketing for its startups. The VC firm launched a New Media team that’s already generating millions of views for portfolio companies and just announced an eight-week fellowship program to train digital storytellers. They’re betting that winning the narra
According to CNBC, a White House memo alleges Alibaba provides tech support for Chinese military operations targeting the US. The Financial Times reported the claims but couldn’t independently verify them. Alibaba called the assertions “completely false” and questioned the motivation behind the anon
Companies are aggressively cutting entry-level positions to deploy AI, with job postings down 35% since 2023. But experts warn this creates a “talent doom cycle” that could cripple future leadership pipelines. The short-term savings might cost companies their future.
According to Fortune, utility companies are forecasting massive electricity demand increases from AI data centers, with some projecting triple the peak demand by 2030. The problem? Nobody’s properly vetting which projects are real versus speculative, and ratepayers in 13 states are already subsidizi
Microsoft’s official Windows account posted a promotional video where influencer Judner Aura asks Copilot how to increase font size. The AI assistant recommends changing display scaling to 150% – which was already the current setting. The embarrassing gaffe makes Microsoft’s quality control look que
