Author: GT

Signage outside the Micron offices in San Jose, California, on Dec. 17, 2024.David Paul Morris | Bloomberg | Getty ImagesMicron shares popped 6% in extended trading Thursday after the company reported second-quarter results that beat analysts’ estimates and offered better-than-expected guidance.Here’s how the company did:Earnings per share: $1.56, adjusted vs. $1.42 expected by LSEGRevenue: $8.05 billion vs. $7.89 billion expected by LSEGRevenue increased 38% from $5.82 billion during the same period in 2024, Micron said in a press release. The memory and storage solutions company reported net income of $1.58 billion, or $1.41 per share, up from $793 million, or…

The European Union has sent Apple preliminary instructions on how it expects the iPhone maker to comply with interoperability provisions in the bloc’s Digital Markets Act (DMA), its flagship market contestability reform. According to the Commission, device manufacturers and app developers should be able to access nine iOS connectivity features that were restricted to Apple’s exclusive use before, such as peer-to-peer Wi-Fi connectivity, NFC features and device pairing. As a result, Bluetooth headphones, smartwatches, connected TVs, or other, non-Apple devices should work better with an iPhone. Google could use this opportunity to make AirDrop work with Android devices. Headphone manufacturers…

Strategy (formerly MicroStrategy) CEO Michael Saylor doubled down on his claim that the price of Bitcoin will go to $13 million over 20 years. Speaking at the Digital Asset Summit, Saylor emphasized Bitcoin’s unique qualities as a scarce, digital commodity, arguing that no other asset can compare. “I can stand here and I can tell you that I think the price of Bitcoin will go to $13 million over 20 years. I couldn’t say that about a security, right?” Saylor declared, highlighting Bitcoin’s legal status as a commodity rather than a security. Saylor stressed that Bitcoin is the only asset immune to…

The Pennsylvania State Education Association (PSEA), a labor union representing educators across the state, says hackers stole the sensitive personal information of more than half a million of its members.  PSEA is the largest organization for educators in Pennsylvania, representing current and former teachers, counselors, healthcare workers, and school social workers. In a filing with Maine’s attorney general on Tuesday, PSEA said it experienced a cyberattack in July 2024 that saw an unauthorized actor access its network to steal a trove of data belonging to more than 517,000 individuals. The stolen data includes highly sensitive personal information, such as members’…

The SeaPerch underwater robot is a popular educational tool for students in grades 5 to 12.  Building and piloting SeaPerch, a remotely operated vehicle (ROV), involves a variety of hand fabrication processes, electronics techniques, and STEM concepts. Through the SeaPerch program, educators and students explore structures, electronics, and underwater dynamics.  “SeaPerch has had a tremendous impact on the fields of ocean science and engineering,” says Andrew Bennett ’85, PhD ’97, MIT SeaGrant education administrator and senior lecturer in the Department of Mechanical Engineering (MechE).The original SeaPerch project was launched by MIT Sea Grant in 2003. In the decades that followed,…

Bitcoin developers looking to expand the blockchain’s decentralized finance (DeFi) capabilities are likely to be considering zero-knowledge (ZK) proofs, functionality that’s not currently available and which require a so-called soft fork, or new version of the software, to introduce them. That’s a problem, according Edan Yago, a Bitcoin veteran of over a decade and core contributor to smart contract operating system BitcoinOS (BOS). “Forking a blockchain, especially one with $2 trillion worth of value on it, is like open-heart surgery,” Yago told CoinDesk in an interview “Hard forks are obviously much more problematic, but I think introducing any kind of…

A car drives past a building of the Digital Reality Data Center in Ashburn, Virginia, U.S., March 17, 2025. Leah Millis | ReutersSovereign wealth fund ADQ and American private equity firm Energy Capital Partners, or ECP, have signed a deal for a $25 billion investment partnership dedicated to increasing power generation, primarily in the U.S., to serve data center needs, the companies announced Wednesday.The partnership “aims to service the growing power needs of data centers, hyperscale cloud companies and other energy-intensive industries,” a joint statement by the firms read. “As the continuity and quality of power supply is crucial for these…

The world’s aging population is an under-appreciated trend that will help push several stocks higher, according to Mizuho. The oldest cohort will represent an increasingly larger part of the total population as people live longer and fertility rates decline. That will have a big impact on the economy and on companies that serve their needs. An analysis by Mizuho found that spending by American consumers 75 years old and older will nearly double in the next five years. Aggregate spending will increase to $1.6 trillion by 2030 and $2.2 trillion in 2035, from $900 billion now, the analysis showed. What…

Robots are part of an exciting new frontier in tech, but here’s the challenge: Robots rely on arrays of sensors, external signals like GPS and Wi-Fi, and customized software to navigate their environments. Further, robotics often involves expensive, ready-made hardware solutions that include built-in software and sensors designed for specific tasks, like estimating relative motion. These products require complex integration and are limited to specific use cases. As a result, most robots today cannot move between different locations, and only a small percentage of self-driving systems use AI for navigation. But Tera AI founder and CEO Tony Zhang thinks software…

The Open Network (TON), a blockchain that facilitates payments on the messaging app Toncoin. Following the announcement the Toncoin jumped 6%. “I’ve been a long-time believer in the potential of blockchain to disrupt traditional industries and systems,” Tim Draper, founder of Draper Associates—one of the VCs participating in this round—said in a statement. “TON’s technology is highly impressive, and its integration with Telegram provides it with a distribution that no other blockchain can match.” The investors who participated received “token-based investments” instead of equity like a traditional funding raise, a TON spokesperson told Fortune. “These VCs are placing their bets…