Technology

Big Tech

Zuck Chooses the Red Pill With 30% Cuts to Metaverse Budget

Photo via Guillermo Gutierrez Carrascal, G/ZUMAPRESS/Newscom

You might recall that in 2021, Zuckerberg deemed the metaverse so vital to the future he renamed the entire company after it.

2 min read

Photo via Tom Williams/CQ Roll Call/Newscom

Artificial Intelligence

Behind Sam Altman’s ‘Code Red’ Response to OpenAI Competitors’ Gains

In memo this week, Altman promised the release of a new reasoning model next week that bests Google’s Gemini.

2 min read
Photo via Yao Qilin / Xinhua News Agency/Newscom

Big Tech

Can Samsung’s TriFold Steal Thunder from Apple’s Next-Gen Mystery Phone?

Shoppers in the US will be able to buy the new foldable during the first quarter of 2026, though the pricing hasn’t been shared yet.

1 min read
Photo by Brian Wangenheim via Unsplash

Cryptocurrency

Bitcoin Struggles to Regain Lost Ground after Rapid Slide

Slumping Bitcoin has held above the key $80,000 threshold that would put many investors underwater, but the test of its resilience isn’t over.

2 min read

Industries

Defense Darling Anduril Grapples with Military Tech Glitches

Photo via Pedro Fiuza/ZUMA Press/Newscom

Anduril was last valued at $30 billion in June, when its $2.5 billion fundraising round was oversubscribed eight times.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Nestea06 via iStock

Media & Entertainment

Indie Games Power Up as Big-Budget Rivals Sacrifice Creativity to Profit

The success of indie titles may help video game makers rely less on blockbusters and widen creative license, creating a 1UP for players.

5 min read
Photo via Sipa USA/Newscom

Big Tech

Can Google Conquer Its Nvidia Dependency?

Gemini was trained on Google’s in-house chips, which look like a cheaper and more efficient alternative to Nvidia’s cutting-edge products.

2 min read
Photo by jacoblund via iStock

Consumer

Peloton’s ‘New Era’ of AI-Powered Workouts Isn’t Working Out

Artificial intelligence can do a lot of things. Getting us on an exercise bike doesn’t appear to be one of them.

1 min read

Hedge Funds

Hedge Funds Start to Hedge Their AI Bets

Photo via JOHN ANGELILLO/UPI/Newscom

Wall Street’s smart money is starting to take out some short positions on the AI trade, albeit mostly around the industry’s fringes.

2 min read

Photo via Will Oliver – Pool via CNP/picture alliance / Consolidated News Photos/Newscom

Big Tech

Meta’s Antitrust Win May Be a Coup for Big Tech

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Ihor Lukianenko via iStock

Finance

Boom in Crypto Treasury Stocks Faces Inevitable Bust

Digital asset treasury companies are grappling with the law of diminishing returns in the midst of a cryptocurrency swoon. What’s next?

4 min read
Photo via U.S. Patent and Trademark Office

CIO Upside

Amazon Wants AI Up-to-Date and Personal

Amazon is seeking to patent AI that refreshes itself, knows what topics you care about and tailors responses to your queries accordingly.

1 min read

Semiconductors

With AI Bases Loaded, Nvidia Bats a Quarterly Earnings Home Run

Photo via Yonhap News/YNA/Newscom

Nvidia faced “the tough task of meeting high earnings expectations and high skepticism around AI capex,” per analysts at Bank of America.

2 min read

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