Michael Burry’s Scion Asset Management purchased put options on 1 million Nvidia shares and 5 million Palantir shares. The investor returned to X after a two-year hiatus with warnings about AI hype and market excess. Both stocks fell sharply following the revelation of his bets.
The two-year-old gaming studio T-Minus Zero Entertainment has been revived after being shut down by NetEase in early September. A small group of veteran directors acquired the studio name and are relaunching as an independent production company with a new funding model.
The UK retailer confirmed a massive financial impact from an April cyber attack that prevented online clothing and furniture sales for nearly two months. M&S believes Russian cyber criminals were behind the breach that also led to customer data theft.
Telecom networks are evolving from passive pipes to intelligent systems that sense, think and heal themselves. The industry is racing toward 6G, quantum security, and space-based connectivity while tackling sustainability challenges. 2026 could be the year networks become truly autonomous.
Samsung is bringing its popular Internet browser to Windows 11 and Windows 10 PCs. The beta program is currently available only in the United States and South Korea, with broader rollout expected in coming weeks.
Sequoia Capital’s managing partner Roelof Botha is stepping down after three tumultuous years. The firm faced multiple crises including leadership disputes and a social media controversy that triggered investor backlash. Veteran partners Alfred Lin and Pat Grady now take over leadership.
Apple appears to be developing a low-cost Mac priced under $1,000 that uses iPhone-class processors instead of M-series chips. The move comes as Apple scales back ambitious projects like autonomous cars and struggles with Vision Pro adoption. This could finally give Apple an affordable entry point i
Apple is testing a new budget-friendly Mac priced under $1,000. The device would use an iPhone-class chip instead of an M-series processor but still outperform early M1 Macs.
NVIDIA and Qualcomm Ventures have joined a coalition of U.S. and Indian investors backing India’s deep tech startups. The alliance comes alongside India’s new $12 billion research initiative aimed at building infrastructure-scale technology companies.
Nvidia is diving deep into India’s startup scene as a founding member of the $2 billion India Deep Tech Alliance. The chip giant will provide training and mentorship to emerging AI companies through its Deep Learning Institute. This comes as India prepares to host a major AI summit next year with gl
