CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity
#DataCenters — #CoreWeave — #PowerIsTheMoat @notreload : $CRWV -2.8%, $CORZ -18% [CoreWeave's all-stock acquisition of Core Scientific caused Core Scientific's stock to fall due to investor disapp...
AMC signs a deal with Runway to use its AI tech to generate marketing images and help pre-visualize unproduced shows, the first cable player to work with Runway
The ‘Mad Men’ and ‘The Walking Dead’ producer is the latest Hollywood company to sign a pact with the generative AI firm.
Apple announces a digital-only event dubbed “Peek performance” will be held on March 8 at 10am PT; a 5G iPhone SE, revamped iPad Air, and new Macs are expected
Apple Event Next Tuesday Alex Atkin / MSPoweruser : Apple announces March 8th event promising “peek performance” Tom Pritchard / Tom's Guide : Apple event teaser hints that the VR/AR headset could be ...
Sources: federal prosecutors are talking to social media companies to find out whether market manipulation fueled the rise of stocks like GameStop and AMC
Dave Michaels / Wall Street Journal :
GameStop's shares closed at $90, down from a peak of $483 last week, as other Reddit-fueled stock trades like AMC suffer similar reversals
- Shares of GameStop skidded further before Tuesday's opening bell, with shares of the volatile retail-trader favorite sliding more than 40%, and then extended those losses during market hours.
Robinhood eases trading restrictions on GameStop, AMC, Express, and some other stocks; users can now buy four shares of GameStop, up from one
Maggie Fitzgerald / CNBC :
Robinhood explains why it placed restrictions on certain securities over the past week, says its clearinghouse-mandated deposit for equities increased tenfold
managed by obscure entities at the center of the stock market called clearinghouses — kicked in Thursday, forcing Robinhood to find emergency cash to continue to be able to trade.” $GME https://www.ny...
Legal experts say Robinhood is not legally bound to carry out every trade and is protected from lawsuits by its user agreement
(Reuters) - Robinhood Markets Inc's user agreement is likely to protect the brokerage app from a barrage of lawsuits filed by customers after it blocked … Tweets: @anthony Tweets: Anthony DeRosa / @an...
Robinhood says it raised emergency funding of $1B+ from its existing investors, as it faces an onslaught of demands on its cash amid a stock market frenzy
fed to people who don't exactly thrive on facts — is very much a comms issue. https://www.nytimes.com/... Farhad Manjoo / @fmanjoo : so isn't it a huge problem for their model that they've got to do t...
Google deleted ~100K reviews for the Robinhood app on the Play Store, bringing its rating back to 4 stars, after users dropped its rating to 1-star
playing defense. And in some cases, it's changing the way they do business. @LesliePicker reports. https://www.cnbc.com/... https://twitter.com/... Casey Newton / @caseynewton : It's always worth noti...