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'Big Short' investor Michael Burry sounds alarm on AI bubble that's 'too big to save'

Michael Burry Jim Spellman/WireImage Michael Burry says AI is a bubble so big that it will tank the market and economy when it pops. The "Big Short" investor said the government will try to he...

20hBusiness InsidereconomicsImpact

Wall Street hits back at Trump’s plan to limit interest on credit cards

Banks such as Citigroup and Wells Fargo say capping rates would limit credit and hurt economic growth...

Jan 14Financial TimesPoliticsImpact

Former Nintendo of America boss Doug Bowser is joining Hasbro

Doug Bowser is joining Hasbro's board of directors just weeks after retiring as Nintendo of America's president, according to an announcement on Tuesday . Though Hasbro's press release doesn't provide...

1dThe VergeTechnologyImpact

Ubisoft Cancels 6 Projects Including Prince of Persia: Sands of Time Remake, Closes 2 Studios and Confirms Further Layoffs in Major Company Restructure

Ubisoft has announced a sweeping company restructure that will result in the cancelation of six games including its Prince of Persia: Sands of Time remake, and a delay to a further seven titles. Two U...

17hIGNeconomicsImpact

Saylor teases ‘Bigger Orange’ after $1.25B Bitcoin purchase last week

Michael Saylor’s Strategy has bought 14,910 Bitcoin since the start of the year, with the firm now holding over 687,000 Bitcoin....

3dCoinTelegraphcryptocurrencyImpact

Grindr's internal product road map shows it wants to sell you more products — $120 million-worth

An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...

Jan 14Business InsiderTechnologyImpact

Porsche suffers biggest sales fall since 2009

German sports-car maker hit by lack of petrol variant for best-selling Macan and weak demand in China...

5dFinancial TimeseconomicsImpact

How Meta's Latest Job Cuts Compare to Recent Broader Tech Sector Layoffs

The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile products....

Jan 14DecryptTechnologyImpact

Crypto Market Bill Heads to Senate Agriculture Markup Amid Banking Committee Delays

The Agriculture Committee is moving ahead on crypto legislation despite a lack of bipartisan agreement, even as the Banking Committee slows its own work....

6hDecryptPolitics

Bumble's chief product officer is out. Read CEO Whitney Wolfe Herd's memo about the 'need to sharpen our focus'

Bumble is restructuring to centralize its product, engineering, and design under one leader. As a result, chief product officer Michael Affronti has left the company after holding the role for a year....

14hBusiness InsiderTechnologyImpact

Wind power slashed 4.6B euros off electricity bills in Spain last year

Article URL: https://www.surinenglish.com/spain/wind-power-slashes-billion-euros-off-electricity-bills-20251217082020-nt.html Comments URL: https://news.ycombinator.com/item?id=46622463 Points: 39 # C...

Jan 14Hacker NewseconomicsImpact

Germany’s rail service dealt major blow by government

The government is reportedly walking back promises to fund major projects for national train operator Deutsche Bahn. DB is beset by chronic punctuality problems, decrepit infrastructure, and a lack of...

22hDeutsche WellePoliticsImpact

Buy the Bitcoin Dip? Not Until Short-Term Holders Show Gains, Says Compass Point

The asset’s price jumped as high as $97,500 last week....

16hDecryptcryptocurrencyImpact

Digital Asset Funds Drew in $2.17B Last Week, Highest Level in Three Months

Bitcoin ETFs led with a $1.42 billion netflow as digital asset funds saw their highest inflows since October last week....

2dDecryptcryptocurrencyImpact

EU prosecutor: Third of VAT fraud cases linked to Slovakia

The EU's most senior prosecutor told Slovak MPs that a staggering one in three VAT fraud cases investigated by her office has links to Slovakia. How can such fraud flourish in Slovakia and is it a new...

1dDeutsche WellePoliticsImpact

Why is Slovakia the EU's 'central hub' for VAT fraud?

The EU's most senior prosecutor told Slovak MPs that one in three VAT fraud cases — involving the bloc's sales-tax system — has links to Slovakia. Why is the criminality concentrated there and is it a...

1dDeutsche Wellecrime

Why AI is becoming the hottest cost-cutting tool in corporate legal departments

Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...

Jan 14Business InsiderTechnology

A leading European AI startup says its edge over Silicon Valley isn't better tech — it's not being American

Mistral CEO Arthur Mensch says its edge over Silicon Valley isn't smarter models, but being a European alternative built for control, sovereignty, and trust. LUDOVIC MARIN/POOL/AFP via Getty Images Ar...

5dBusiness InsiderTechnologyImpact

Asus Prime GeForce RTX 5070 Graphics Card Drops Below MSRP Today, But It Won't Last

The short-term outlook doesn't bode well for the GPU market. Hardware Unboxed recently announced that the GeForce RTX 5070 Ti graphics card may have just hit end-of-life status, since major board part...

6dIGNTechnologyImpact

Germany’s Merz pledges to fast track India-EU trade deal during first official Asia visit

German Chancellor Friedrich Merz’s first visit to Asia has raised India’s hopes for a long-awaited trade pact with the European Union as Berlin pushes for deeper engagement with South Asia amid height...

Jan 13South China Morning PostPoliticsImpact
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