Bytes: Week in Review — Apple’s huge investment, Nvidia’s strong earnings and Bybit hack batters bitcoin
On this week’s “Tech Bytes: Week in Review,” the chip powerhouse Nvidia saw its revenue soar last quarter, showing that the AI boom is still booming.
Plus, it was a bumpy week for bitcoin after the crypto exchange Bybit lost almost $1.5 billion of digital assets in a hack. But first, Apple announced this week that it’s spending $500 billion to expand manufacturing and create jobs in the U.S.
Marketplace’s Stephanie Hughes spoke with Anita Ramaswamy, columnist at The Information, about what the investment could do for American tech manufacturing and more.
More on everything we talked about
“Apple will spend more than $500 billion in the U.S. over the next four years” from Apple
“Apple plans $500 billion in US investment, 20,000 research jobs in next four years” from Reuters
“Nvidia tops earnings expectations on revenue and profit” from Axios
“Nvidia’s Bumper Sales Show AI Bonanza’s Strength” from The Wall Street Journal
“Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack” from CNBC
“Bitcoin drops below $90,000 as global jitters combine with Bybit hack” from Reuters
“Hacked crypto exchange Bybit offers $140M bounty to trace stolen funds” from TechCrunch
Stories You Might Like
The future of this podcast starts with you.
Every day, the “Marketplace Tech” team demystifies the digital economy with stories that explore more than just Big Tech. We’re committed to covering topics that matter to you and the world around us, diving deep into how technology intersects with climate change, inequity, and disinformation.
As part of a nonprofit newsroom, we’re counting on listeners like you to keep this public service paywall-free and available to all.
Support “Marketplace Tech” in any amount today and become a partner in our mission.
