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    News History of Techmeme

    3291.
    MicroStrategy's Bitcoin Purchase Sends Stock Soaring 8% Amid Rising Cryptocurrency Value

    MicroStrategy's founder Michael Saylor announced the company purchased $1.1 billion worth of bitcoin, causing its stock to jump 8% and 124% this year. The company's average purchase price is $38,585 per coin, and its stash of 244,800 bitcoins is worth $14.6 billion. Bitcoin is currently trading at close to $60,000.

    Source: https://www.techmeme.com/river

    2024-09-14 08:50:51 AM
    3292.
    An EEOC analysis finds women made up 22.6% of US workers in high-tech roles in 2022, similar to the 22% in 2005, even as the number of lucrative jobs has soared

    Source: https://www.techmeme.com/river

    2024-09-14 08:50:50 AM
    3293.
    Some former CrowdStrike employees say they raised concerns about executives rushing deadlines and quality checks, more than a year before the July 2024 outage

    Source: https://www.techmeme.com/river

    2024-09-14 08:50:50 AM
    3294.
    Google ad trial: an ex-Facebook ad exec testifies the company signed the 2018 Jedi Blue deal with Google because it couldn't compete against Google's “monopoly”

    Source: https://www.techmeme.com/river

    2024-09-14 08:50:50 AM
    3295.
    Sources: OpenAI's $150B valuation in a $6.5B funding round hinges on whether the company can upend its corporate structure and remove a profit cap for investors

    Source: https://www.techmeme.com/river

    2024-09-14 08:50:50 AM
    3296.
    Recent announcements from Apple and Google show that AI is most useful as a feature in devices and software we already use, rather than a standalone product

    Source: https://www.techmeme.com/river

    2024-09-14 08:50:49 AM
    3297.
    Doctor Web: malware dubbed Android.Vo1d has infected ~1.3M TV boxes running OSes based on Android Open Source Project in almost 200 countries, forming a botnet

    Source: https://www.techmeme.com/river

    2024-09-14 08:50:49 AM
    3298.
    In reports dated August 9, Indian antitrust regulator CCI found that Amazon and Flipkart violated local competition laws by giving preference to select sellers

    Source: https://www.techmeme.com/river

    2024-09-14 08:50:49 AM
    3299.
    India's new M&A rule for deals exceeding ~$240M could create hurdles for startups that hope to be acquired in their early years to access funding and scale

    Source: https://www.techmeme.com/river

    2024-09-14 08:50:49 AM
    3300.
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    Source: https://www.techmeme.com/river

    2024-09-14 08:50:49 AM
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