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Shoe Brand Allbirds Pivots To AI, Changes Name To NewBird AI, Stock Rips More Than 360%
Shoe Brand Allbirds Pivots To AI, Changes Name To NewBird AI, Stock Rips More Than 360%
Just when you thought you’d seen the last of the AI pivot idiocy…
Allbirds (yes, the wool sneaker people) is mooning—up as much as 360%—after announcing it’s ditching shoes and pivoting to, of course, AI. This comes just weeks after agreeing to sell off its brand and footwear business for $39 million, according to Sherwood News.
The plan? Rebrand as “NewBird AI,” raise $50 million, and reinvent itself as a GPU-as-a-Service / AI cloud company. Translation:...
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Jul 29, 2026 / Tyler Durden
US State Department Issues Travel Advisory For Caribbean Tourist Destination
US State Department Issues Travel Advisory For Caribbean Tourist Destination
Authored by Naveen Athrappully via The Epoch Times,
The State Department updated its travel advisory for the Bahamas, highlighting the risk of crime, including sexual assaults, in the Caribbean nation.
Violent crimes, such as sexual assaults, armed robberies, and burglaries, can occur anywhere in the country, the department said in a July 28 update.
“Most crime occurs in Nassau and Freeport on New Providence and Grand Bahama islands. Stay alert in the ‘Over the Hill’ area in Nassau, south of Shirley Street, where...
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Apr 29, 2026 / Tyler Durden
MSFT Dumps As CapEx Disappoints, Despite Top- & Bottom-Line Beat
MSFT Dumps As CapEx Disappoints, Despite Top- & Bottom-Line Beat
Heading into the "biggest earnings day ever", MSFT was near the bottom of the Mag7 group, down 22% from its 52-week high, with capacity constraints hampering growth and CapEx concerns weighing down the stock.
Microsoft has guided to roughly $80 billion in AI data center spending this fiscal year, and the Street wants to know if that money is actually getting deployed.
The headline results were solid and prompted initial gains in MSFT after hours as it beat top- and bottom-line:
*MICROSOFT 3Q...
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Sep 25, 2026 / Tyler Durden
Appeals Court Backs Department Of War's Anthropic Blacklisting In Blow To Dario
Appeals Court Backs Department Of War's Anthropic Blacklisting In Blow To Dario
The Trump administration scored a legal victory Friday morning after a federal appeals court rejected Anthropic's challenge to its designation as a national-security supply-chain risk. This means the Department of War can blacklist the AI frontier firm from all contracts.
In a 2-1 decision today, the US Court of Appeals for the DC Circuit found sufficient grounds for the DoW to designate Anthropic's products a supply-chain risk. The court pointed to restrictions embedded in Claude that prevent it from...
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