Equinix, a prominent $80 billion data center provider, has recently come under fire from Hindenburg Research for allegedly misleading investors through questionable financial practices. According to the report, Equinix’s management has been accused of presenting an “AI pipe dream” to shareholders while manipulating key metrics to inflate profitability. This has raised concerns about the company’s
admin
Sotheby’s, the renowned auction house, is strategically increasing its sports offerings to cater to the growing demand for sports memorabilia and to attract a younger demographic. In an effort to engage with collecting communities and introduce creative sale formats, Sotheby’s recently announced its first “Sports Week,” which will feature six live and online auctions showcasing
In a move to bolster semiconductor manufacturing within the United States, the White House has announced that Intel has been awarded up to $8.5 billion in CHIPS Act funding. This funding is part of a broader effort by the Biden administration to bring chip production back to U.S. soil and reduce reliance on foreign manufacturers.
Apple CEO Tim Cook recently posted on his official Weibo account that he is currently in Shanghai. The post included a video of Cook taking a stroll in one of the city’s popular tourist districts and having breakfast with Chinese actor Zheng Kai. This visit comes just before the opening of a new retail store