In a massive industry shakeup, Netflix has agreed to purchase Warner Bros. for $82.7 billion. The deal includes HBO, its vast film and TV library, and its major gaming studios. The acquisition is expected to close in the next 12 to 18 months.
In a surprise move, Micron is ending its Crucial consumer memory and storage brand after 29 years. The company is pivoting entirely to the booming enterprise market. This could be a sign of tougher times ahead for DIY PC enthusiasts.
Asus confirms a third-party supplier was hacked, affecting some camera source code for its phones. The Everest ransomware gang claims to have looted 1 TB of data from Asus, ArcSoft, and Qualcomm.
Epic is keeping its next free game a secret until December 11th, building hype ahead of The Game Awards. For now, you can grab two comedy-focused titles to play over the holidays.
Orbex received only €34.9 million from the European Space Agency’s €902 million European Launcher Challenge, while its four competitors each got at least €169 million. The shortfall stems from the UK government deferring a decision on how to allocate the majority of its €144 million contribution to
Foxconn’s revenue soared to NT$844.3 billion ($27 billion) in November, a 26% year-on-year increase. The company credits “strong growth” in cloud and networking products, specifically pointing to momentum for AI server racks.
The breakneck demand for AI compute isn’t waiting for new construction. Companies like Raeden are finding it faster and smarter to retrofit old buildings into high-tech data centers. It’s a messy, complex process that’s becoming critical to keeping pace.
Nvidia CEO Jensen Huang made a surprise appearance on the Joe Rogan Experience podcast. He claimed AI technology has become 100 times more capable in just the last two years.
European semiconductor company Openchip is expanding its Limerick design centre, aiming to grow from 40 to 70 R&D staff. The move is backed by IDA Ireland and ties into the national “Silicon Island” strategy. It’s a small piece of a much larger puzzle for Europe’s tech ambitions.
As AI valuations soar, investors are looking for shock absorbers. The key to survival isn’t just being in AI, but having a business model that works when the hype fades.
