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Costfoto / NurPhoto via Getty Images Intel reported its latest quarterly financial results Thursday. More layoffs are coming at Intel, the latest Big Tech company to make big cuts in its staff. The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the company’s latest financial results, that it plans …

Musk’s Starlink says it is experiencing major network outage  Reuters Musk’s Starlink hit with hours-long outage after rollout of T-Mobile satellite service  CNBC Musk’s Starlink satellite system hit by network outage, company says  The Guardian Elon Musk’s Starlink satellites ‘mostly recovered’ after major outages  The Independent It’s not just your Starlink – there’s a major outage  Cabin Radio Source link

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This Five-Cent Meme Stock Just Made Up 15% of US Trading Volume  Bloomberg.com Source link

Chris McCarthy, co-CEO of Paramount Global and president of Showtime/MTV Entertainment, is expected to depart the company once its acquisition by Skydance is completed early next month. McCarthy, a 22-year veteran of Paramount Global and predecessor Viacom, is making the move ahead of Skydance announcing the post-merger leadership of the combined company, which will involve a CEO change that would …

Starlink users reported they couldn’t connect to SpaceX’s satellite internet service for a few hours on Thursday afternoon before service was eventually restored. Widespread Starlink outages, like the ones we reported on in 2022 and 2023, have been rare, and this appears to be the first one in 2025. The outage began around 3:15PM ET or so, with users receiving …

Roaring Kitty. Ryan Cohen. Sydney Sweeney? It may not seem like the famous actor has much in common with the most famous retail trader folk heroes, but Sweeney on Thursday was the unlikely catalyst of a sudden stock surge. An American Eagle ad featuring the actor went viral on the internet on Wednesday, attracting the attention of not only the …

Union Pacific talks advance, regulator readies for historic rail merger review  Reuters The Odds of a Berkshire Hathaway Bid for CSX Are Rising. How Buffett Might Try to Pull It Off.  Barron’s The rail mega-merger that could transform American supply chains  The Economist Union Pacific in Talks to Merge With Norfolk Southern  The New York Times Union Pacific in mega US railroad merger talks …

SpaceX’s Starlink Hit by Major Outage  PCMag Musk’s Starlink hit with outage day after rollout of T-Mobile satellite service  CNBC Is Starlink down? Tens of thousands of users report outages  ca.news.yahoo.com Elon Musk’s Starlink satellites go down leaving thousands without internet connection  The Independent Starlink says it is experiencing network outage  Reuters Source link

Elon Musk Tells Tesla Investors to Focus on a Future Filled With Robots, not EV Sales – WSJ  The Wall Street Journal Elon Musk revealed four major developments during Tesla’s earnings call — why they could be game-changers  USA Today Robo-Taxis to Cover About ‘Half the U.S. Population’ by End of 2025: Musk  Barron’s Tesla faces difficult road ahead as it hopes robotaxis …