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Congress rejects the US Army's request for $400M to buy ~6,900 Microsoft HoloLens goggles this fiscal year but approves $40M for the development of a new model (Anthony Capaccio/Bloomberg)
Anthony Capaccio / Bloomberg: Congress rejects the US Army’s request for $400M to buy ~6,900 Microsoft HoloLens goggles this fiscal…
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Sources: Alameda invested $1.1B in bitcoin miner Genesis Digital, including $500M to buy co-founders' shares; Genesis is among FTX's largest bankruptcy assets (Wall Street Journal)
Wall Street Journal: Sources: Alameda invested $1.1B in bitcoin miner Genesis Digital, including $500M to buy co-founders’ shares; Genesis is…
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Sony says the PlayStation 5 shortage is over and everyone can buy a console at retailers globally, and that it has sold 30M PlayStation 5 consoles (Mitchell Clark/The Verge)
Mitchell Clark / The Verge: Sony says the PlayStation 5 shortage is over and everyone can buy a console at…
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Accounting software maker Sage threatens to turn off UK customers' long-term licenses, citing security issues to push them to buy costly monthly subscriptions (Ian Johnston/Financial Times)
Ian Johnston / Financial Times: Accounting software maker Sage threatens to turn off UK customers’ long-term licenses, citing security issues…
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Sources: some US banks that lent Elon Musk $13B to buy Twitter are preparing to book losses on the loans this quarter, as investors shy away from risky debt (Reuters)
Reuters: Sources: some US banks that lent Elon Musk $13B to buy Twitter are preparing to book losses on the…
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Sources: Alibaba won't be able to buy Arm's Neoverse V chips after Arm concludes that the US and UK won't approve export of the high performance tech to China (Financial Times)
Financial Times: Sources: Alibaba won’t be able to buy Arm’s Neoverse V chips after Arm concludes that the US and…
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Paytm will buy back up to 10.5M shares worth ~$103M at a 50%+ premium to the December 13 closing price, seeking to convince investors of a path to profitability (Chloe Cornish/Financial Times)
Chloe Cornish / Financial Times: Paytm will buy back up to 10.5M shares worth ~$103M at a 50%+ premium to…
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Amazon rolls out Inspire, a TikTok-like photo and video feed in its app that lets customers "like" and buy products, initially to select customers in the US (Sebastian Herrera/Wall Street Journal)
Sebastian Herrera / Wall Street Journal: Amazon rolls out Inspire, a TikTok-like photo and video feed in its app that…
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