2025-07-08
MyPOV: @CoreWeave buys Core Scientific for $9 billion bit.ly/4nwt9lz According to CoreWeave, the acquisition of Core Scientific will eliminate about $10 billion of future leases, create $500 million annual run rate cost savings by the end of 2027 and simplify operations.
Bloomberg
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 du...
2023-05-08
MyPOV: can't do it without compute power even if you have everyone's data and unlimited energy. Hit by U.S. sanctions, Chinese tech companies seek ways to achieve state-of-the-art AI performance with existing chips https://www.wsj.com/...
Wall Street Journal
Research papers and staff interviews detail the workarounds Chinese companies like Huawei, Baidu, and Alibaba use to develop AI systems without the latest chips
Wall Street Journal :
2022-10-31
MyPOV: paper value has significantly dropped The 20 richest tech billionaires have collectively lost nearly half a trillion dollars this year, which is more than the market values of all but seven companies in the S&P 500 https://www.wsj.com/...
Wall Street Journal
The top 20 tech billionaires globally have lost $480B+ on paper in the past year; Mark Zuckerberg's wealth drops by $87B+, Elon Musk and Jeff Bezos by $58B+
Moguls including Mark Zuckerberg and Jeff Bezos have collectively lost more on paper than the market values of most S&P 500 companies
2022-04-04
MyPOV: kabuki theatre at the highest levels. @Microsoft—now trying to get its $75 billion deal for Activision approved—has taken a friendly role with regulators. Tech rivals say it also directs negative attention toward them. https://www.wsj.com/...
Wall Street Journal
How Brad Smith helps Microsoft avoid government scrutiny by being amicable with regulators while directing negative attention at the company's Big Tech rivals
President Brad Smith has taken an amicable role with regulators. Rivals say he also directs negative attention toward them. Tweets: @om , @carnage4life , @carnage4life , @wavesblo...
2019-12-27
MyPOV: taxation is not the right policy. Giving indiv their privacy data as a property right is. And then requiring explicit value exchange. Italy's move to join France in levying a digital tax could deepen tensions w U.S. on how to tax @Facebook @Google https://www.wsj.com/...
Wall Street Journal
Italy has passed a new law, effective Jan. 1, imposing a 3% tax on some digital revenues of companies with €750M+ in global revenue and at least €5.5M in Italy
something that could encourage other countries like the UK and Canada, as the OECD talks for an international solution remain stuck in an impasse. https://www.wsj.com/... w @EricSy...