Michael Saylor’s crypto project pounded after US$12.4 billion loss

Michael Saylor’s crypto project pounded after US.4 billion loss

Published Fri, Feb 6, 2026 · 06:43 AM [NEW YORK] Bitcoin’s plunge below US$65,000 is intensifying the crisis rocking the digital-asset complex, and few companies are more exposed than Michael Saylor’s Strategy. In an earnings announcement on Thursday (Feb 5), the Bitcoin-hoarding company confirmed a net loss of US$12.4 billion for the fourth quarter, driven…

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Reddit forecasts revenue above estimates as AI fuels ad sales

Reddit forecasts revenue above estimates as AI fuels ad sales

Published Fri, Feb 6, 2026 · 06:30 AM REDDIT forecast first-quarter revenue above analysts’ estimates on Thursday (Feb 5), as artificial intelligence-powered enhancements to its ad platform help the social media platform draw more marketers. Shares of the company rose around 2 per cent in extended trading after it also announced its first share repurchase…

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Amazon says it will spend US$200 billion this year on AI build-out

Amazon says it will spend US0 billion this year on AI build-out

Published Fri, Feb 6, 2026 · 06:23 AM [SEATTLE] Amazon.com said that it plans to spend US$200 billion this year on data centres, chips and other equipment, worrying investors the company’s colossal bet on artificial intelligence (AI) will pinch profits while it waits for investments to pay off. The shares fell in extended trading. The…

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Workplace romance: When boards must step in

Workplace romance: When boards must step in

When do workplace relationships cross the line – from being a personal issue to a boardroom concern? COLDPLAYGATE was a standout moment in 2025. Astronomer’s CEO and chief people officer were caught on camera in an intimate embrace at a Coldplay concert and left the company within days. More recently, PropertyLimBrother’s CEO and chief strategy…

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Bill Gates lists part of his Xanadu estate for $4.8M after being named in latest Epstein file dump

Bill Gates lists part of his Xanadu estate for .8M after being named in latest Epstein file dump

Microsoft billionaire Bill Gates appears to be trimming back his famed Washington compound—listing a home that sits next to his sprawling Xanadu 2.0 dwelling for $4.8 million, just months after insisting he would “never downsize” the enormous property. The 70-year-old Microsoft founder put a four-bedroom, 2.5-bathroom Medina, WA, dwelling on the market on Feb. 5, 2026, property records show. Gates has…

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