Jaguar Land Rover suffered massive losses after a cyber attack halted vehicle production for more than a month. The incident cost the company £196 million directly and contributed to a £485 million quarterly loss while slowing UK economic growth.
An Atlas 5 rocket successfully launched Viasat’s second ViaSat-3 satellite toward geostationary orbit on November 13. The six-ton satellite, about the size of half a football field when unfolded, will provide more bandwidth than Viasat’s entire current fleet combined if its reworked antenna deploys
A confidential survey of AI founders, investors, and insiders at the Cerebral Valley conference reveals industry predictions that range from wildly optimistic to downright skeptical. The anonymous responses show where the smart money is betting—and what they’re avoiding. This is what happens when in
Swiss banks are facing higher funding costs following the state-engineered merger of UBS and Credit Suisse. The SNB says customers are diversifying away from big banks, pushing up demand in domestic capital markets. While costs have declined recently, they remain elevated compared to two years ago.
Wi-Fi 8 represents a major shift from chasing theoretical speeds to delivering consistent real-world performance. The new standard focuses on Ultra High Reliability with significant improvements in crowded environments. Expect the first Wi-Fi 8 devices to appear in late 2026 or early 2027.
French electrical component manufacturer Socomec is making a major push into the US market with a $10 million investment in Georgia. The new facility near Suwanee will create 300 jobs and begin operations in early 2026. This move positions Socomec to better compete in North America’s growing energy
JPMorgan Asset and Wealth Management CEO Mary Callahan Erdoes told the CNBC Delivering Alpha conference that AI presents opportunities not yet fully understood. She compared the current market disconnect to Hemingway’s description of bankruptcy – happening slowly then suddenly. Despite recent stock
StubHub reported better-than-expected revenue growth in its first earnings since going public, but investors weren’t impressed. The stock has fallen roughly 20% from its IPO price as the company posted a massive $1.33 billion net loss driven by IPO-related compensation charges.
AMD’s desktop CPU market share jumped to 33.6% in Q3, gaining nearly 5 percentage points year-over-year. The company’s mobile share remained stable at around 20% as Intel pulled back from low-end products.
IonQ continues its expansion into space technology with the acquisition of Skyloom Global, a provider of space-based optical communications terminals. The move builds on the company’s recent purchase of Capella Space and signals growing ambitions in quantum networking beyond Earth’s surface.
