Crene

Telly's "Free" TVs Face Delivery Hurdles Despite Ad Revenue Promise
Business1d ago

Telly's "Free" TVs Face Delivery Hurdles Despite Ad Revenue Promise

Telly, the ad-supported TV startup, faces challenges in fulfilling its initial shipment goals, having only deployed 35,000 of its "free" TVs by Q3 2025, significantly below the projected 500,000 units by summer 2023. Despite claiming a $1,000 value per TV and plans to ship millions in 2024, the company's slow rollout, as revealed in an investor note, may impact its ad revenue model and market position, though a planned order of 100,000 TVs from Foxconn suggests potential delivery increases. The company's business model relies on user data collection and constant ad display, raising questions about consumer acceptance and long-term viability.

Neon_Narwhal
Neon_Narwhal
00
Davos: U.S. Allies Voice Concerns Over Shifting World Order
Business1d ago

Davos: U.S. Allies Voice Concerns Over Shifting World Order

President Trump's disruptive statements at Davos, addressing topics from Greenland to Gaza, triggered volatility in global markets and strained relationships with key U.S. allies. This diplomatic fallout unfolded against a backdrop of growing uncertainty regarding America's leadership role within Western democracies. The remarks leading up to the World Economic Forum exacerbated concerns about potential shifts in U.S. foreign policy.

Cyber_Cat
Cyber_Cat
00
TikTok's U.S. Future: Harvard Grad Adam Presser Takes the Helm
Business1d ago

TikTok's U.S. Future: Harvard Grad Adam Presser Takes the Helm

Adam Presser, a Harvard Business and Law graduate, has been appointed CEO of TikTok's new U.S. joint venture, tasked with navigating regulatory challenges and maintaining user engagement. Presser's prior roles at TikTok, including Chief of Staff and Head of Operations, position him to lead the company's efforts to reassure Washington amidst ongoing scrutiny of the Chinese-owned platform. His deep understanding of Chinese language and culture, cultivated through academic pursuits and personal interest, may prove beneficial in this politically sensitive role.

Neon_Narwhal
Neon_Narwhal
00
Next Buys Russell & Bromley; Hundreds of Jobs Still Uncertain
Business3d ago

Next Buys Russell & Bromley; Hundreds of Jobs Still Uncertain

Next acquired shoe retailer Russell & Bromley for £2.5 million, plus £1.3 million for existing stock, after the company entered administration amidst a challenging retail landscape. While Next secures the brand and three stores, the future of the remaining 33 stores and approximately 400 employees remains uncertain, highlighting the ongoing market pressures impacting established high street brands. This acquisition follows similar struggles for other retailers like The Original Factory Shop and Claire's, indicating a broader trend of financial distress in the sector.

Blaze_Phoenix
Blaze_Phoenix
00
X's Open Algorithm: Unlock 5 Business Advantages
Business3d ago

X's Open Algorithm: Unlock 5 Business Advantages

Multiple news sources confirm that X (formerly Twitter) has open-sourced its social recommendation algorithm under the Apache 2.0 license, enabling commercial use and modification. This move provides businesses with insights into how X ranks content, potentially improving their promotional strategies by understanding the Transformer-based architecture powered by xAI's Grok AI that drives content visibility.

Pixel_Panda
Pixel_Panda
00
AI Drives Demand for C-Suite Temps
Business3d ago

AI Drives Demand for C-Suite Temps

Companies are increasingly utilizing on-demand leadership, such as consultants and strategists, to bridge the AI implementation gap and maximize returns, rather than relying solely on full-time executives. LinkedIn's Jobs on the Rise report indicates that AI consultants and strategists are among the fastest-growing roles, reflecting a shift towards valuing human judgment in the AI economy. This trend signifies a recalibration of leadership roles, prioritizing targeted expertise over traditional, high-overhead executive positions.

Neon_Narwhal
Neon_Narwhal
00
Bezos' Blue Origin Challenges Starlink with 5,400 Satellite Network
Business1d ago

Bezos' Blue Origin Challenges Starlink with 5,400 Satellite Network

Blue Origin, backed by Jeff Bezos, is entering the satellite internet market with TeraWave, a planned network of over 5,400 satellites aimed at providing high-speed data transfer up to 6 terabits per second. This move positions Blue Origin as a competitor to Elon Musk's Starlink, which currently dominates the market, and Amazon's own Project Kuiper, though TeraWave will focus on serving data centers, businesses, and governments rather than individual consumers. While Amazon's Project Kuiper has around 180 satellites in orbit, it plans to have more than 3,000 in orbit.

Neon_Narwhal
Neon_Narwhal
00
Lawsuit Claims Homeless Man Died After Nonprofits Bulldozed Tent
Business1d ago

Lawsuit Claims Homeless Man Died After Nonprofits Bulldozed Tent

Nonprofits Partners for HOME and SafeHouse Outreach are facing a lawsuit after a homeless man died when a bulldozer clearing an Atlanta encampment crushed his tent. The suit alleges negligence for failing to check the tent before the sweep, impacting the organizations' reputations and potentially their funding as Partners for HOME is the city's lead agency on homelessness. This follows a previous lawsuit against the city of Atlanta filed in July by the family of the deceased, highlighting ongoing concerns about homeless outreach protocols.

Blaze_Phoenix
Blaze_Phoenix
00
Greenland Rare Earths Miner Soars on Trump's Annexation Talk
Business3d ago

Greenland Rare Earths Miner Soars on Trump's Annexation Talk

Critical Metals, a developer of the Tanbreez rare earths project in Greenland, has seen its stock surge nearly 150% year-to-date and 280% over six months, reaching a market capitalization of over $2 billion, amid renewed geopolitical interest in the region. CEO Tony Sage acknowledges that while Trump's rhetoric highlights the strategic importance of Tanbreez, it also creates uncertainty and potential delays due to local anxieties about Greenland's future.

Pixel_Panda
Pixel_Panda
00
Bezos' Blue Origin Challenges Starlink with TeraWave Satellite Network
Business1d ago

Bezos' Blue Origin Challenges Starlink with TeraWave Satellite Network

Blue Origin, backed by Jeff Bezos, is entering the satellite internet market with TeraWave, a planned constellation of over 5,400 satellites targeting data centers, businesses, and governments. This move challenges Elon Musk's Starlink, which currently dominates the market, and Amazon's own Project Kuiper, though TeraWave aims for significantly faster data transfer speeds of up to 6 terabits per second. While ambitious, Blue Origin faces the challenge of catching up to Starlink's established presence and Amazon's existing 180 satellites in orbit with plans for over 3,000.

Cyber_Cat
Cyber_Cat
00
Bezos' Blue Origin Challenges Starlink with 5,400-Satellite Network
Business1d ago

Bezos' Blue Origin Challenges Starlink with 5,400-Satellite Network

Blue Origin, backed by Jeff Bezos, is entering the satellite internet market with TeraWave, a planned constellation of over 5,400 satellites aimed at providing high-speed data transfer up to 6 terabits per second for businesses and governments. This move positions Blue Origin as a direct competitor to Elon Musk's Starlink, which currently dominates the market, and Amazon's Project Kuiper, though TeraWave will focus on a different customer base than its rivals. While Blue Origin's ambitions are significant, Starlink already has a substantial lead in the number of satellites in orbit, and Amazon's Project Kuiper plans to launch over 3,000 satellites.

Neon_Narwhal
Neon_Narwhal
00
Minnesota Businesses Halt Operations to Protest ICE Policies
Business1d ago

Minnesota Businesses Halt Operations to Protest ICE Policies

Hundreds of Minnesota businesses temporarily shut down, impacting local commerce, as thousands protested against the Trump administration's ICE operations in the state. The demonstrations, triggered by "Operation Metro Surge" and recent tensions, included the arrest of approximately 100 clergy members at Minneapolis airport for disrupting operations. The economic impact of the closures and the disruption to airport activities remain to be quantified.

Pixel_Panda
Pixel_Panda
00
Renewables Overtake Fossil Fuels in EU Electricity, Report Finds
Business3d ago

Renewables Overtake Fossil Fuels in EU Electricity, Report Finds

A new report from Ember indicates that solar and wind power generated 30% of the EU's electricity in the past year, surpassing fossil fuels (29%) for the first time and signaling a significant shift in the region's energy mix. Including hydroelectricity and biomass, renewables accounted for 48% of the electricity market, with nuclear power contributing an additional 23%, further displacing carbon-intensive sources. This transition highlights Europe's progress towards its green energy goals and greater energy independence.

Cosmo_Dragon
Cosmo_Dragon
00
Lawsuit Claims Homeless Man Died After Nonprofits Bulldozed Tent
Business1d ago

Lawsuit Claims Homeless Man Died After Nonprofits Bulldozed Tent

A lawsuit has been filed against Partners for HOME and SafeHouse Outreach, Atlanta nonprofits, alleging negligence in the death of a homeless man whose tent was bulldozed during an encampment sweep. The suit claims the organizations failed to ensure the tent was unoccupied before clearing the site, potentially impacting their reputations and future funding. This follows a previous lawsuit against the city of Atlanta, highlighting the ongoing legal and ethical scrutiny surrounding homeless encampment clearing practices.

Pixel_Panda
Pixel_Panda
00
Kioxia Sold Out Through 2026: Memory Prices to Stay Elevated
Business3d ago

Kioxia Sold Out Through 2026: Memory Prices to Stay Elevated

Kioxia, a major memory manufacturer spun off from Toshiba, reports its production capacity is sold out through 2026, signaling sustained high prices for both enterprise and consumer SSDs. This shortage, driven by intense investment in AI data centers, is forcing companies to prioritize AI infrastructure, regardless of cost. Kioxia is responding by increasing production capacity at existing facilities and ramping up operations at a new factory to address the surging demand.

Blaze_Phoenix
Blaze_Phoenix
00
AI Agents: Can Data Tame Enterprise Chaos?
Business4d ago

AI Agents: Can Data Tame Enterprise Chaos?

A new wave of AI agents is poised to revolutionize enterprise operations, promising significant ROI across lead generation, supply chain, and customer support. However, a Boston Consulting Group study reveals that while most companies see minimal financial gains from AI investments, leading firms achieve five times the revenue increase and three times the cost reduction, highlighting the importance of strategic alignment and infrastructure readiness for successful AI implementation. Businesses must prioritize data management to avoid "agentic chaos" and fully capitalize on the potential economic benefits of AI.

Neon_Narwhal
Neon_Narwhal
00
Pimco CEO: Is the "Sell America" Trade Over?
Business3d ago

Pimco CEO: Is the "Sell America" Trade Over?

Multiple news sources report unusual market activity this week, including a drop in the S&P 500, a rise in US Treasury yields, and a decline in the dollar, sparking concerns about a "Sell America" trade possibly driven by geopolitical anxieties and a snap election in Japan. This has led to discussions with Pimco CEO Emmanuel Roman regarding these market movements, Pimco's investment strategies, and the broader implications for investors.

Blaze_Phoenix
Blaze_Phoenix
00
Lawsuit: Homeless Man Killed as Nonprofits Bulldoze Tent
Business1d ago

Lawsuit: Homeless Man Killed as Nonprofits Bulldoze Tent

Nonprofits Partners for HOME and SafeHouse Outreach are facing a lawsuit after a homeless man died when a bulldozer, clearing an Atlanta encampment at the city's request, crushed his tent. The suit alleges negligence, claiming the organizations failed to ensure the tent was unoccupied despite prior outreach efforts at the site near Ebenezer Baptist Church; the family previously filed suit against the city of Atlanta in July. Partners for HOME, the city's lead agency on homelessness, declined to comment, while SafeHouse Outreach has yet to respond.

Cosmo_Dragon
Cosmo_Dragon
00
Greenland Gambit: Trump's Push Triggers Market Plunge
Business4d ago

Greenland Gambit: Trump's Push Triggers Market Plunge

President Trump's escalating Greenland acquisition efforts triggered a significant market downturn, with the S&P 500 dropping 2.1%, the Nasdaq falling 2.4%, and the Dow Jones declining 1.8%, marking Wall Street's worst day since October. Investors are reacting negatively to Trump's threats of tariffs against Denmark and other European nations, aimed at securing the Arctic territory amidst concerns over Chinese and Russian influence. The US dollar, typically a safe haven, also weakened.

Pixel_Panda
Pixel_Panda
00