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WeWork says “substantial doubt exists about the Company’s ability to continue”, as net margin is at -47%

WeWork says “substantial doubt exists about the Company’s ability to continue”, as net margin is at -47%

Bay Area Times
Bay Area Times
Neuralink raises $280M Series D from Founders Fund, after FDA authorized its 1st clinical trial

Neuralink raises $280M Series D from Founders Fund, after FDA authorized its 1st clinical trial

Bay Area Times
Bay Area Times
Nuclear fusion produces net energy gain for 2nd time in history

Nuclear fusion produces net energy gain for 2nd time in history

Bay Area Times
Bay Area Times
Apple revenue -1% to $81.8B, but cost of sales falls, leading net income +2% to $19.8B

Apple revenue -1% to $81.8B, but cost of sales falls, leading net income +2% to $19.8B

Bay Area Times
Bay Area Times
Meta open sources its text-to-sound and text-to-music models

Meta open sources its text-to-sound and text-to-music models

Bay Area Times
Bay Area Times
Fitch downgrades U.S. debt from AAA to AA+, citing deficits, “erosion of governance”

Fitch downgrades U.S. debt from AAA to AA+, citing deficits, “erosion of governance”

Bay Area Times
Bay Area Times
Coinbase CEO: SEC asked us to delist everything other than Bitcoin

Coinbase CEO: SEC asked us to delist everything other than Bitcoin

Bay Area Times
Bay Area Times
U.S. GDP grew at 2.4% in Q2, above expectations of 1.8% and delaying recession worries

U.S. GDP grew at 2.4% in Q2, above expectations of 1.8% and delaying recession worries

Bay Area Times
Bay Area Times
Fed hikes base rate by 25 bps to 5.25% - 5.50%, as Powell says future hikes are uncertain

Fed hikes base rate by 25 bps to 5.25% - 5.50%, as Powell says future hikes are uncertain

Bay Area Times
Bay Area Times
Microsoft revenue was +8% to $56.2B in Q4 FY23, while net income was +20% to $20.0B

Microsoft revenue was +8% to $56.2B in Q4 FY23, while net income was +20% to $20.0B

Bay Area Times
Bay Area Times
X could be sued by 900 trademark holders, including Meta, Microsoft

X could be sued by 900 trademark holders, including Meta, Microsoft

Bay Area Times
Bay Area Times
Worldcoin, Sam Altman's cryptocurrency, launches

Worldcoin, Sam Altman's cryptocurrency, launches

Bay Area Times
Bay Area Times
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