Nokia’s Mobile Networks President Exits After 30 Years
Tommi Uitto, Nokia’s president of mobile networks, confirmed his departure via LinkedIn on December 9. His exit coincides with a major company restructuring set to begin in January 2025.
Category: Business
Microsoft’s AI Hype Hits Reality: Copilot Sales Targets Slashed
Microsoft is dramatically scaling back its sales ambitions for AI products like Copilot, with targets reportedly cut by up to half. The move comes as the software struggles to find a user base, lagging behind competitors in a market where making money from AI has proven difficult.
Coreweave’s CEO says the AI cloud’s wild ride is just getting started
In a new interview, Coreweave’s CEO addressed the company’s rocky IPO, its meme-stock-like volatility, and the controversial “circular” investments defining the AI boom. He argues they’re simply building a new kind of cloud company, and that requires unconventional tactics.
The iPhone 16 Was the World’s Top Seller in Q3. The iPhone 17? Not So Much.
In a surprising twist, the previous-generation iPhone 16 was the world’s best-selling smartphone in Q3 2025, not the new iPhone 17. Apple’s entire iPhone 16 lineup took the top four spots, highlighting a shift in consumer upgrade patterns.
NASA, USPS ditch Canoo EVs despite CEO’s support pledge
NASA and the USPS have stopped using Canoo’s electric vans. This comes despite former CEO Tony Aquila’s claim that supporting government contracts was a key reason he bought the bankrupt company’s assets for $4 million in April 2025.
The AI Gaming Debate Just Got Real
The breakout success of ‘Arc Raiders’ has thrust the debate over AI in game development into the spotlight. While some CEOs insist AI is now universal, other developers are pushing back hard. The industry is deeply divided on the future of creativity and jobs.
Gen Z Finance Pros Are Falling in Love With Excel
Despite being nearly 40 years old, Microsoft Excel is winning the hearts of young finance professionals. A Datarails survey found 54% of 22-32 year-olds “love” it, and most see it as essential for the next decade.
Google’s My Pixel App Finally Goes Global
Google is rolling out the full My Pixel app experience beyond its initial limited launch. The update brings a revamped Material 3 design and bottom navigation to more Pixel owners worldwide.
The U.S. Scrambles for Allies to Break China’s Mineral Grip
Facing China’s control over 90% of rare earths refining, the U.S. is pursuing a flurry of international deals and financial tools. The strategy acknowledges that domestic projects are too few and too risky to secure supply chains alone.
The CFTC Just Let Bitcoin Back Your Futures Bets
In a significant move, the U.S. Commodity Futures Trading Commission is allowing crypto assets to be used as collateral for derivatives. This pilot program, detailed in new guidance to Coinbase Financial Markets, includes stablecoins and tokenized Treasuries.