Accenture Buys UK AI Firm Faculty, CEO Becomes CTO
Consulting giant Accenture is acquiring UK-based AI services firm Faculty. As part of the deal, Faculty’s CEO Marc Warner will become Accenture’s new chief technology officer.
Category: Business
Blackstone CTO: Entry-Level Engineers Are Smarter, But AI Steals Their Learning
According to Blackstone CTO John Stecher, entry-level software engineers today are far more talented than he was starting out in 2001. However, the rise of AI coding tools is creating a crisis of opportunity, making it harder for new hires to learn the fundamentals by doing the work.
Kuaishou’s Kling AI Video Bet Pays Off With 84% Stock Surge
Kuaishou Technology has pulled off a dramatic pivot to AI video, with its Kling app driving an 84% stock surge. The company, once a laggard to TikTok, now projects $140 million in 2025 revenue from the tool and has amassed 60 million users by moving faster than rivals.
Amazon’s Pandemic Price Gouging Lawsuit Is Moving Forward
A federal judge has rejected Amazon’s attempt to dismiss a major price gouging lawsuit. The case alleges the company and its sellers inflated prices on essentials by over 1,000% during the pandemic’s peak.
Qualcomm’s New Budget Laptop Chips Are All About That Battery Life
Qualcomm is doubling down on its Windows on Arm push with new budget-friendly Snapdragon X2 Plus processors. Announced at CES, they promise huge efficiency gains and an 80 TOPS NPU, but the company still faces an uphill battle against entrenched x86 rivals in the enterprise market.
ASUS Puts New Phones on Hold for 2026. Is This the End?
ASUS has told partners it won’t release new smartphones in 2026. The company insists its phone operations will continue, but distributors report a shutdown date of December 31, 2025. This looks like a quiet wind-down.
Tech billionaires cashed out $16 billion as stocks hit records
While tech stocks soared in 2025, the insiders were selling. Executives like Jeff Bezos and Jensen Huang turned paper wealth into over $16 billion in cash. Most sales were planned, but the scale is staggering.
Corsair Cancels a $3,500 PC Order, Then Relists It for $800 More
A customer ordered a Corsair Vengeance A5100 gaming PC for $3,499 on December 31st, only to have the order canceled without explanation. When he tried to re-order, the price had jumped to $4,299.
Premarket Movers: Baidu Soars on Chip Spin-Off, Tariff Delay Lifts Furniture Stocks
Chinese tech giant Baidu is leading premarket gains with a 12% jump after announcing plans to spin off its semiconductor unit. Home goods retailers like Wayfair and RH are also climbing following a delayed tariff hike on furniture.
China Cuts Battery Scrap Tariffs to Feed Its Recycling Beast
China has lowered the import tariff on lithium-ion battery “black mass” scrap from 6.5% to 3%. The move aims to supply its overbuilt recycling industry but faces hurdles due to stringent quality standards.