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Publicly traded bitcoin mining company Core Scientific (CORZ) filed for Chapter 11 bankruptcy protection in a federal bankruptcy court in the Southern District of Texas early Wednesday morning. The bankruptcy petition, according to the company’s announcement, resulted from a combination of a declining bitcoin price, rising electricity costs needed to power its data centers and “failure by certain of its hosting customers to honor their payment obligations.” The bitcoin specific data processing… Source link

Ramesh “Sunny” Balwani, former president and chief operating officer (COO) of Theranos and ex-boyfriend of founder Elizabeth Holmes, leaves after the opening day of his federal trial for wire fraud and conspiracy to commit wire fraud was postponed due to coronavirus disease (COVID-19) exposure in the courtroom in San Jose, California, U.S. March 16, 2022. REUTERS/Brittany Hosea-Small Ramesh “Sunny” Balwani, the former president and chief operating officer of the defunct Silicon Valley… Source link

Satya Nadella, chief executive officer of Microsoft Corp., during the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Google has for years been playing catch-up in the cloud infrastructure market, where it’s seen in the industry as a distant third in the U.S., behind Amazon and Microsoft. The challenge for investors is that the three companies don’t report cloud infrastructure metrics in a way that makes them easily comparable. However, an… Source link

I had the privilege of using lots of incredible new phones in 2022, packed with the latest hardware and capable of impressive performance. But there’s one app I turned to again and again when I was using each of those devices, and it’s far from new or cutting-edge: Google Maps.  As in-person events (both professional and personal) resumed over the course of the year, I found myself with a lot more opportunities to get out of the house. From navigating unfamiliar transit systems to… Source link

Using a navigation app like Google Maps is a must when you’re traveling anywhere — even if you’re… Source link

BERLIN, Dec 21 (Reuters) – Germany’s cartel office has concluded proceedings against Google over its online news service after the tech giant made several changes benefiting publishers, the office said on Wednesday. The office said Google had abandoned plans to integrate the Google News Showcase into general searches and changed its contractual practice to make sure publishers do not face difficulties in asserting their ancillary copyright in response to its concerns. A publisher’s… Source link

The NHL’s Christmas break is nearing. In a few days we will be sans hockey for the long weekend. Wednesday, though, we have seven games on the slate. Here are a handful of guys to target, and to avoid, for your DFS lineups. GOALIE Logan Thompson, VGK vs. ARI ($34): Thompson has slowed down a smidge after a hot start, but he still has a 2.64 GAA and .917 save percentage. This is the kind of matchup that can help boost his numbers, though. The Coyotes rank 26th in goals scored, which is actually… Source link

Nike (NKE) is getting its inventory bloat under control, much to the delight of investors. Shares of the apparel and footwear giant surged 12% in pre-market trading on Wednesday as better-than-expected sales and earnings quieted — for now — concerns that Nike would be hammered by sluggish global economic growth. The stock is the top trending ticker on Yahoo Finance as of 5:30 a.m. ET. But the real standout from Nike’s fiscal second quarter was the company noticeably working down its excess… Source link

Google already offers parents and guardians tools to restrict purchases their children make on Play Store using the family payment method. The company is now introducing an additional feature that will allow children to send a purchase request for the manager of the family account to approve when there is no present payment method. Children can ask for approval for both paid apps and in-app purchase when the family hasn’t set up a payments method. Once the family manager gets this… Source link

As the technology advances, industry experts believe, Google must decide whether it will overhaul its search engine and make a full-fledged chat bot the face of its flagship service. Google has been reluctant to share its technology broadly because, like ChatGPT and similar systems, it can generate false, toxic and biased information. LaMDA is available to only a limited number of people through an experimental app, AI Test Kitchen. Google sees this as a struggle to deploy its advanced A.I…. Source link