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What Happens When an 'Infinite-Money Machine' Unravels
Michael Saylor's software company Strategy, formerly known as MicroStrategy, built a financial model that some observers called an "infinite-money machine" by stockpiling hundreds of thousands of bitcoins and issuing stock and debt to buy more, but that machine appears to be breaking down. The company's stock peaked above $450 in mid-July and ended November at $177.18, a 60% decline. Bitcoin fell only 25% over the same period. The gap between Strategy's market cap and the value of its bitcoin holdings has nearly vanished.
At one point last week, the company's market value dipped below the value of its bitcoins after accounting for debt. Strategy announced it had built a $1.4 billion dollar reserve by selling more stock to cover required dividend payments to preferred shareholders over the next twelve months. The company also disclosed it might sell some of its coins if its value continues to fall, a reversal from Saylor's February tweet declaring "Never sell your Bitcoin." Professional short seller Jim Chanos, who had questioned the strategy's sustainability, told Sherwood he made money by shorting the stock and buying bitcoins.
Read more of this story at Slashdot.
Donating the Model Context Protocol and establishing the Agentic AI Foundation - Anthropic
Categories: Linux
Arcade.dev Joins Linux Foundation's Agentic AI Foundation as Gold Member - Yahoo Finance
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Linux Foundation forms Agentic AI Foundation to be new home for MCP, goose, and AGENTS.md - SD Times
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Linux Foundation announces Agentic AI Foundation joined by Anthropic, OpenAI, Block - SiliconANGLE
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Anthropic, OpenAI, and Block donate AI agent projects to new Linux Foundation body - Diginomica
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Learn more about AI in the workplace in our new research report.Learn more about AI in the workplace in our new research report.
A new global survey of executives, decision makers and knowledge workers reveals that organizations truly transforming with AI are seeing real results that move their bu…
Categories: Technology
New AI-powered gestures and Smart Reply updates for Pixel WatchNew AI-powered gestures and Smart Reply updates for Pixel WatchSenior Product Manager
Learn more about Google’s latest updates for Pixel Watch 4, including AI-powered additions.Learn more about Google’s latest updates for Pixel Watch 4, including AI-powered additions.
Categories: Technology
Xbox Is Bleeding Out
Microsoft's Xbox consoles were conspicuously absent from Black Friday's winners, failing to crack the top three in U.S. sales during one of the retail calendar's most important weeks. According to Circana analyst Mat Piscatella, the PlayStation 5 captured 47% of Black Friday week console sales ending November 29, followed by the Nintendo Switch 2 at 24% and -- somewhat remarkably -- the NEX Playground, a Kinect-like Android device aimed at children, at 14%.
Microsoft ran no promotions on its consoles during the period. The Xbox Series X currently retails for $650 following this year's price increase, up from its $500 launch price in 2020. Sony, by contrast, discounted the PS5 by roughly 40% at some retailers. Piscatella noted on Bluesky that products without price promotions typically see no seasonal lift. Costco has removed Xbox consoles from its U.S. and UK websites.
Read more of this story at Slashdot.
The Rarest of All Diseases Are Becoming Treatable
In February, a six-month-old baby named KJ Muldoon became the first person ever to receive a CRISPR gene-editing treatment customized specifically for his unique genetic mutation, a milestone that researchers say marks a turning point in how medicine might approach the thousands of rare diseases that collectively affect 30 million Americans. Muldoon was born with a type of urea-cycle disorder that gives patients roughly a 50% chance of surviving infancy and typically requires a liver transplant; he is now a healthy 1-year-old who recently took his first steps.
The treatment's significance extends beyond one child. Scientists at UC Berkeley's Innovative Genomics Institute and the Children's Hospital of Philadelphia are now planning clinical trials that would use Muldoon's therapy as a template, tweaking the molecular "address" in the CRISPR system to target different mutations in other children with urea-cycle disorders. Last month, FDA officials Marty Makary and Vinay Prasad announced a new drug pathway designed to accelerate approvals for such personalized treatments -- a framework inspired in large part by Muldoon's case. Current gene-editing delivery mechanisms limit treatments to disorders in the blood and liver. Many families will still go without bespoke therapies.
Read more of this story at Slashdot.
Scheduler Woes: Bisecting Early Performance Regressions Found In Linux 6.19 - Phoronix
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2025 at Google2025 at Google
Learn more about Google’s launches, milestones and more from 2025.
Learn more about Google’s launches, milestones and more from 2025.
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'Colleges Oversold Education. Now They Must Sell Connection'
A tenured USC professor is arguing that universities need to fundamentally rethink their value proposition as AI rapidly closes the gap on human instruction and a loneliness epidemic grips the generation most likely to be sitting in their lecture halls. Eric Anicich, an associate professor at USC's Marshall School of Business, wrote in the Los Angeles Times that nearly three-quarters of 16- to 24-year-olds now report feeling lonely, young adults spend 70% less time with friends in person compared to two decades ago, and a growing majority of Gen Z college graduates say their degree was a "waste of money."
Anicich points to a recent Harvard study finding that students using an AI tutor learned more than twice as much as those in traditional active-learning classes, and did so in less time. The implication is stark: if instruction becomes abundant and cheap, colleges must sell what remains scarce -- genuine human community. He notes that his doctoral training included zero coursework on teaching, a norm he says persists across academia. His proposal: fund student life as seriously as research labs, hire professional "experience designers," and treat rituals and collaborative projects as core curriculum rather than amenities.
Read more of this story at Slashdot.
Microsoft Excel Turns 40, Remains Stubbornly Unkillable
Microsoft Excel, the 40-year-old spreadsheet application that helped establish personal computers as essential workplace tools and contributed to Microsoft's current valuation of nearly $4 trillion, has weathered both the rise of cloud computing and the current AI boom largely unscathed. In its most recent quarter, commercial revenue for Microsoft 365 -- the bundle including Excel, Word, and PowerPoint -- increased 17% year over year, and consumer revenue rose 28%.
The software traces its origins to a 1983 Microsoft offsite under the code name Odyssey, where engineers set out to clone Lotus 1-2-3. That program had itself cloned VisiCalc, the first computerized spreadsheet, created by Dan Bricklin for the Apple II in the late 1970s. Bricklin never patented VisiCalc. "Financially it would have been great if we'd have been able to patent it," he told Bloomberg. "And there would be a Bricklin Building at MIT, instead of a Gates Building."
Excel now counts an estimated 500 million paying users. The Pentagon pays for 2 million Microsoft 365 licenses. Google's free Sheets product, launched in 2006, captured casual use cases like potluck sign-ups but failed to dislodge Excel from enterprise work. AI chatbots present the latest challenge, but venture capitalists say nearly every AI spreadsheet startup they meet builds on top of Excel rather than replacing it.
Read more of this story at Slashdot.
ICYMI Python on Microcontrollers Newsletter: DRAM Shortages Affect Board Pricing, New Linux, Switching from Arduino and More! #CircuitPython #Python #micropython @Raspberry_Pi - Adafruit
Categories: Linux