Sony PlayStation 5 lifetime sales reach 61 million, closing in on NES but slowing down fast
Sony's software revenue was up, but unit sales fell
Fresh NVMe 2.1 and UCIe 2.0 specifications arrive for modern storage and chiplets
A torrent of new specifications
Hydrogen fuel cells from Bloom Energy hit 60% efficiency milestone
Proprietary solid oxide tech gives hydrogen fuel cells an edge
Keeping Intel's next-gen node on schedule: Panther Lake and Clearwater Forest boot up on 18A
External foundry customers are already designing chips on the process
Elon Musk's X sues advertising group over alleged "boycott"
"Now, it is war"
What just happened? Elon Musk's conflict with advertisers took a shocking new turn yesterday when he announced his platform X, formerly Twitter, is suing a group of ad companies, along with individual firms, over an alleged coordinated boycott of the site. The suit claims this broke federal antitrust laws and caused X to lose revenue.
Apple's new iPads help it retain top tablet-maker crown amid record global shipment growth
Shipments are comparable to pre-pandemic levels
Google is officially a monopoly: Company loses massive DOJ antitrust trial over search engine agreements
Google paid over $21 billion in 2021 to make its search engine the default on various devices and browsers
What just happened? The US Department of Justice's nearly year-long case against Google over its dominance in the search engine market has reached a dramatic end. The case could drastically alter how numerous devices and web browsers choose their default search engines, though the full extent of the impending effects remains unclear.
Tech companies are struggling to bring workers back to the office
Flexible working models have won, and CEOs are being forced to back off
Tesla rolls out first-ever Cybertruck with dry cathode battery following years of development
If the gambit pays off, Cybertrucks could eventually become cheaper
In context: Tesla set the stage for this milestone back in 2019 when it pulled the trigger on a major battery tech acquisition. The EV maker scooped up Maxwell Technologies and its promising "dry electrode" coating process, originally developed for supercapacitors. At the time, Tesla was still relying on partnerships with suppliers like Panasonic for cell production. But the Maxwell deal signaled Elon Musk's ambitions to bring that technology fully in-house.
Intel's rough quarter was expected, but management's messaging struggles were not
Intel misses by a lot... but what's next?
Bottom line: The fact that Intel had a bad quarter is not that surprising. What is surprising is the extent to which management does not seem to have a handle on how to communicate its plans.
Intel faces crisis as revenue misses and a bleak forecast shakes investor confidence
Bottom line: Intel's latest quarterly earnings were nothing short of ugly, prompting restructuring plans. It is quite the change for a company that was once among the 30 best stocks in the world. Analysts are increasingly skeptical about CEO Pat Gelsinger's ability to execute a successful turnaround, especially as Intel struggles to keep pace with AMD and Nvidia.
US Justice Department launches investigation into Nvidia following complaints from rivals
Allegations of strong-arming cloud providers sparked antitrust concerns
The big picture: It's been a whirlwind year for Nvidia, the tech juggernaut that's become virtually synonymous with AI computing hardware. From superb revenue figures to CEO Jensen Huang's headline-grabbing antics, the company has been in the spotlight for months. Now, the headlines grow sour as Nvidia has caught the eye of US antitrust regulators.
Yield problems reportedly leave Intel Meteor Lake supply constrained
Lunar Lake production remains ahead of schedule, set to launch in September
Bungie CEO faces backlash after announcing 220 employees will be laid off
Pete Parsons has spent $2.4 million on classic cars since Sony acquired Bungie
Will Amazon's $970 million gamble on Twitch ever pay off?
Amazon has little patience for underperformance
512-core AmpereOne Aurora processor with custom AI engine and HBM memory support announced
Powerful but efficient hardware for cloud-native AI computing
DRAM and NAND flash revenues set to soar 75% as AI demand continues to surge
Sadly, it'll likely lead to a rise in memory prices which could trickle down to retail
Xbox hardware revenue fell 42% last quarter, but overall gaming revenue rose 44%
Microsoft expects the trends to continue into the following quarter
The big picture: Some analysts predicted the Xbox Series X would outsell the PlayStation 5 in 2020. Instead, Sony's console has likely sold more than double the Xbox Series S and X. The situation is so dire that Microsoft hasn't disclosed precise unit sales in over a year and has begun releasing its games on competing consoles. The company's latest earnings call certainly won't improve investor outlook concerning the future of Xbox hardware.
Intel faces possible class action lawsuit over crashing CPUs
This seemed inevitable
TSMC will start building its first European chip manufacturing plant in Germany soon
Forward-looking: In its effort to become a global tech company, TSMC has long planned to open new plants outside of its Taiwan base. The chip foundry has now confirmed that it will soon begin constructing its first European fab, with support and funding from third-party manufacturers.
Intel to eliminate thousands of jobs in cost-cutting move
Rivals have been outshining Intel in recent years
A typo might be the reason for the Zen 5 delay – meanwhile, the 9950X scores a record 6.5GHz in Cinebench
Reports indicate all CPUs were mistakenly labeled as "Ryzen 9"
Retailer says Intel Raptor Lake CPU RMA returns are up to 4x of previous generations
Microcode patch coming in August, users should keep BIOS updated
PsiQuantum to establish groundbreaking quantum computer facility in Illinois
The world's first useful quantum computer?
Generative AI could be hurting productivity at work, despite what bosses believe
"AI will make you mega productive," bosses tell overworked staff