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Crashing crypto market

Crypto-driven GPU crash makes Nvidia miss Q2 projections by $1.4 billion

August 8, 2022 by arstechnica.com Leave a Comment

Further Reading Intel’s loss is AMD’s gain as EPYC server CPUs benefit from Intel’s delays Nvidia doesn't officially announce its second-quarter financial results until the end of the month, but the company is trying to soften the blow by announcing preliminary results today . And as with so many other tech companies in the last month, the results are mixed at best. With $6.7 billion in revenue, Nvidia managed to eke out year-over-year growth, but the results are still bad news because that number is down from a previously forecasted $8.1 billion, a miss of $1.4 billion. Nvidia blamed this shortfall on weaker-than-expected demand for its gaming products, including its GeForce graphics processors. Nvidia pointed to "a reduction in channel partner sales," meaning that partners like Evga, MSI, Asus, Zotac, Gigabyte, and others were selling fewer new GPUs than anticipated. This drop can be attributed partly to a crash in the value of mining-based cryptocurrencies like Bitcoin … [Read more...] about Crypto-driven GPU crash makes Nvidia miss Q2 projections by $1.4 billion

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Tesla faces new probes into motorbike deaths, false advertising

August 8, 2022 by arstechnica.com Leave a Comment

Tesla went into the weekend with a fresh pair of headaches. On Friday, the Associated Press reported that the federal government is investigating whether or not the company's Autopilot system can safely recognize motorcyclists after a pair of fatal crashes in July. And the Los Angeles Times reported that California is unhappy with the way the automaker has advertised its Autopilot and Full Self-Driving driver assist technologies. Can Autopilot see motorbikes at night? The first fatal crash occurred in the early hours of July 7 in Riverside, California, when a Tesla Model Y on State Route 91 hit a motorcycle from behind, killing its rider. The second fatal motorcycle crash occurred on July 24, again at night, this time on I-15 outside Draper, Utah. In that case, a Tesla Model 3 was driving behind a motorcycle and hit it, killing the rider. The AP reports that the California Highway Patrol is still investigating whether Autopilot was active in the first crash, but the driver in … [Read more...] about Tesla faces new probes into motorbike deaths, false advertising

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The Twitter v. Elon trial pregame heats up

August 5, 2022 by www.theverge.com Leave a Comment

This Week in Elon This Week in Elon is a limited-run newsletter that is occasionally revived when there’s Too Much News. And right there, this is Too Much News. You can subscribe here . This Week In Elon, we’re talking about M&A again — but this time, we mean mergers and acquisitions — not marriages and affairs . The Delaware Court of Chancery handed Elon Musk an unfavorably speedy schedule last month in his ongoing fight to not buy Twitter, and now we’ve got specific dates for the trial : Elon and Twitter will square off from October 17th to October 21st. That leaves two and a half months for both parties to fight over what evidence they’ll get to introduce, and Twitter has already started digging — while Musk has been preparing a counterstrike with whatever dirt he’s already got. As The Washington Post and the newsletter The Chancery Daily reported earlier this week, Twitter has cast a broad net of subpoenas over Musk’s business dealings. It’s … [Read more...] about The Twitter v. Elon trial pregame heats up

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Obituary: Gaming pioneer Steve Bristow helped design

February 24, 2015 by arstechnica.com Leave a Comment

according to a Facebook post from Atari Inc. author Marty Goldberg. He was 65. Bristow was a part of the game industry from the beginning. While still a student at the University of California-Berkley and an intern at Ampex, he and his wife designed the two-player mode for Computer Space , the first coin-operated game, alongside the likes of Nolan Bushnell, Al Alcorn, and Ted Dabney. Shortly after Bushnell left Computer Space maker Nutting Associates to start Atari, Bristow followed, developing early multi-paddle versions of Pong ( Pong Doubles and Quadrapong ) as well as Indy 800 , one of the first arcade racing games. Bristow was also tasked with some of the grunt work in those early days of arcade gaming. "I worked part-time doing maintenance on the Pong machines and collecting the money," he recalled in a Wired interview . "In Berkeley, a weapons permit is hard to get, but they won't stop you from carrying a hatchet, so people out at 2am would see my wife … [Read more...] about Obituary: Gaming pioneer Steve Bristow helped design

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