Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China The move aims to make “cloud capabilities more inclusive and accessible in the era of AI,” said Alibaba Cloud on Thursday. Tech News
Elon Musk again promises next-generation Roadster, six years after first hyping it Tesla CEO Elon Musk wrote a series of posts promising that the company is working on a next-generation Roadster Tech News
Water scarcity threatens chipmakers like TSMC and could push prices higher, according to S&P TSMC’s dominance in the chip industry could allow it to charge higher prices if supplies dip. Tech News
Bitcoin bull Michael Saylor nets $700 million in gains on three-day pop in crypto and MicroStrategy MicroStrategy Chairman Michael Saylor is having a huge week, given the massive three-day rally in his company’s stock and the price of bitcoin. Tech News
Snowflake says Frank Slootman is retiring as CEO; stock plunges 20% Snowflake said CEO Frank Slootman is retiring. Tech News
Salesforce slips after the company calls for single-digit full-year revenue growth Salesforce said revenue growth will slow to 8.6% in the new fiscal year, but revenue guidance exceeds Wall Street’s estimates. Tech News
EA to lay off 5% of workforce, or about 670 employees EA’s announcement marks the latest round of layoffs among video game companies in recent months. Tech News