“It’s only when you see 49-ton trucks in China running on batteries that you realize how serious electrification is”: Octopus Energy CEO Greg Jackson on Europe’s incumbent problem
The brutal business of selling mirrors is not for the faint of heart. The challenge lies in differentiating categories, given that a mirror has a simple task: reflection. One of Greg Jackson’s first jobs was working for a mirror manufacturer that,…
$6.3 Billion Binance Hack Completed in Just 20 Minutes
Within North Korea’s sprawling hacking operations, often designed to make money for the highly sanctioned and repressive regime, TraderTraitor has stood out in recent years for its sophistication and targeting of crypto and decentralized finance…
Anthropic IPO: The Big Questions Its S-1 Leaves Unanswered
This report comes from this week’s The Tech Download newsletter. Do you like what you see? You can subscribe here. Anthropic’s 300-plus page S-1 filing earlier this week contained a lot information. This is the most comprehensive public…
Why is the Cheesecake Factory at the center of the latest culture war? : NPR
The Cheesecake Factory is seen on May 2, 2025 in Arlington, Virginia. Kayla Bartkowski/Getty hide caption toggle caption I Kayla Bartkowski/Getty They say there is no such thing as bad publicity. If it’s true, it was a Golden week for the…
Live earnings updates: Exxon and Chevron refining margins jump, boosting profits
Vertiv (VRT) stock jumped 15% in premarket trading as the data center infrastructure player showed it continues to benefit from massive capital spending from companies like Google (GOOG) and Microsoft (MSFT). “We are in the middle of the largest…
Amazon’s AI Development Just Pushed Its Cash Burn to a Record Level: Chart of the Day
Wall Street spent the week punishing Big Tech’s biggest AI spenders. Amazon (AMZN) just recorded the largest cash burn in its history. Amazon’s free cash flow — the money left after paying for data centers, warehouses and equipment —…
What’s Behind Scary Halloween Candy Prices: NPR
Halloween candy is displayed for sale at a Weis Markets grocery store on Thursday, October 22, in Dundalk, Maryland. Stephanie Scarbrough/AP hide caption toggle caption I Stephanie Scarbrough/AP For people stocking up on candy this Halloween, it’s…
CFO Eli Lilly on his acquisition spree: ‘We’re betting’ on future revenue
Eli Lilly (LLY) beat sales expectations on Thursday and raised its outlook on strong performance from its drugs GLP-1, Mounjaro and Zepbound. Despite this strength, revenue from its new diet pill, Foundayo, fell well short of the Street’s…
DoorDash to acquire Instacart for $17 billion
DoorDash announced Thursday that it has agreed to acquire rival Instacart for $17 billion. The acquisition would bring two major players in on-demand delivery under one roof, combining DoorDash’s dominance in restaurant takeout with…
Attackers exploit PHP2Shell flaws in Palo Alto Networks management interfaces exposed on the Internet
Palo Alto Networks warned Wednesday that malicious actors are exploiting recently patched PHP2Shell vulnerabilities against publicly available management interfaces. “Active exploitation has been observed targeting Palo Alto Networks’ management…