Christ. Fine. So over the weekend, a strange Substack post from what appears to be a CEO of a pet relocation company went very viral. This post — which to be clear, is bullshit — alleges that Nvidia is engaged in what “may become the largest accounting fraud in technology history.” That’s a load-bearing “may,” […]
Nvidia just sold more AI chips than it’s ever sold before, blowing past its estimates in its Q3 2026 earnings. Not only did it pull in $57 billion in revenue – and roughly $4,000 of pure profit per second – it grew its data center business by $10 billion in a single quarter alone. It […]
Adobe is acquiring the digital marketing platform Semrush for around $1.9 billion. In a press release on Wednesday, Adobe says the deal will allow it and Semrush to give marketers insight into how their brands appear across the web. The acquisition builds on Adobe’s existing suite of marketing tools that help businesses manage digital campaigns […]
Today I’m talking with Jamie Siminoff, founder of Ring, the video doorbell and security company. Jamie actually wouldn’t let me call him the CEO. He says his title is and always has been chief inventor, so obviously, we talked about that a little bit. Jamie just published a book about his experiences launching and leading […]
Hello, my friends. Have you been feeling too sane lately? Have I got something for you! It is a company called CoreWeave. You may not have heard of it because it’s not doing the consumer-facing part of AI. It’s a data center company, the kind people talk about when they say they want to invest […]
Jeff Bezos is getting a new job. He’ll reportedly become co-CEO of Project Prometheus, a new startup that he’s partly funding. The company’s exact plans are still unknown, but its focus is on AI that could improve manufacturing in fields including computing, automobiles, and aerospace. The New York Times reports that Project Prometheus is already […]
Paramount Plus is going up in price again. As part of its earnings report released on Monday, Paramount announced that it will “implement price increases in the US” in the first quarter of 2026 — without saying how much it will soon cost. Paramount says the price increase will “fuel continued reinvestment in the user […]
On October 31st, ESPN, ABC, Nat Geo, and over 20 other Disney-owned channels went dark on YouTube TV. As the two sides disagree about terms for a new content distribution contract, Google has accused Disney of trying to raise prices for its customers in an effort to boost its own Hulu + Live TV and […]
The most striking moment of Tesla’s annual shareholder meeting Thursday wasn’t when Elon Musk won a impossible-sounding pay package worth nearly $1 trillion. That was a foregone conclusion, given Musk’s popularity with retail shareholders and his ability to vote his own extensive holdings. To me, the more illuminating moment was when the gathered crowd of […]
On Thursday, Tesla shareholders will vote on whether to grant Elon Musk an enormous pay package, the largest ever awarded to a chief executive by orders of magnitude, or risk him leaving the company in a huff. If this sounds weirdly familiar, it’s because the same thing unfolded nearly a year ago. At the 2024 […]