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GoPro Warns It May Not Survive As AI Memory Crunch Bites

GoPro Warns It May Not Survive As AI Memory Crunch Bites GoPro shares have been under pressure since last fall, when memory prices began to soar as AI data center buildouts tightened global supply and diverted capacity away from consumer electronics. On Monday, GoPro filed an 8-K with the SEC, warning of "substantial doubt" about its ability to continue as a going concern and stating that it expects to file an update to its financial statements. The action-camera maker, once a $12 billion-plus Wall Street MoMo darling after its 2014 IPO,...
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Mar 25, 2026 / Tyler Durden
Baltimore Democrats Triggered After Grok Generates Bikini Elon Musk, Sue xAI Over Sexual Deepfakes
Baltimore Democrats Triggered After Grok Generates Bikini Elon Musk, Sue xAI Over Sexual Deepfakes The left-wing one-party rule in Baltimore City can barely govern its own imploding metro area. Parts of downtown are ghost towns; the resident exodus has been severe; taxes are through the roof; industry has left; and decades of progressive policies have helped transform large parts of the metro area into crime-ridden no-go zones. Yet somehow, city officials still found the time to weaponize local agencies and go after Elon Musk.  Baltimore Mayor Brandon M. Scott and the...
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Jun 16, 2026 / Tyler Durden
Are Banks More Powerful Than Governments?
Are Banks More Powerful Than Governments? Authored by Mollie Engelhart via The Epoch Times, Government is big. Elected and unelected officials wield enormous amounts of power. But lately I have found myself wondering whether we are paying attention to the wrong institution. What if the most powerful institutions in America are not governments at all? What if they are banks and payment processors? A few years ago, during COVID-19, a friend of mine owned a small shop in Northern California. It was the kind of place many young mothers loved. They sold raw milk,...
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Oct 15, 2026 / Tyler Durden
"Worst Is Yet To Come": Global Smartphone Shipments Crash 22% As Memory Crisis Squeezes Consumers
"Worst Is Yet To Come": Global Smartphone Shipments Crash 22% As Memory Crisis Squeezes Consumers Technology research firm IDC's latest report confirms our warning earlier this week of "more pain to come," with global smartphone shipments plunging in the third quarter as rising memory chip costs squeeze margins, boost handset prices, and make these devices more expensive than ever. Preliminary data from the advisory firm show worldwide smartphone shipments plunged 22% year over year to 255.3 million units in the third quarter, as the AI-related memory chip shortage sent component costs...
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