In a massive bet on the AI boom’s energy appetite, power generation giant Vistra is buying Cogentrix Energy for $4.7 billion. The deal adds ten natural gas plants across key U.S. grids to directly serve exploding data center demand.
Despite President Trump’s push for U.S. oil companies to “go in so badly” to Venezuela, the industry is hitting the brakes. Rebuilding the decimated sector could take until 2030 and cost $110 billion, and companies want stability before risking capital.
AMD has officially unveiled the Ryzen 7 9850X3D, claiming it’s the fastest gaming CPU with a 5.6 GHz boost clock. It promises up to 60% faster gaming performance versus Intel’s Core Ultra 9 285K, but availability is set for Q1 2026.
Brazilian mobile banking app PicPay has filed for a U.S. initial public offering, aiming to raise around $500 million. The company, backed by the Batista family, posted a 79% jump in profit for the first nine months of 2025.
According to hands-on reports from CES, Samsung is doubling down on the basics with its new Galaxy Book6 laptops. With claims of 30-hour battery life and major cooling improvements, they might finally be real MacBook rivals.
JPMorgan is launching a “Special Advisory Services” group to share its internal best practices with key clients. The services, ranging from tech procurement to real estate, will initially be free for select companies. The move formalizes a growing client demand for the bank’s operational know-how.
Bee, the AI wearable company acquired by Amazon last year, has announced four major software updates. The new features aim to act as a life coach by analyzing your conversations, but they hinge on constant recording.
The New Zealand government is launching a review after a cyberattack on the Manage My Health patient portal. An alleged hacker claims to have stolen data and is demanding a $60,000 ransom, threatening to publish the information.
Michael Saylor’s MicroStrategy recorded a staggering $17.44 billion unrealized loss last quarter as bitcoin’s price fell. The accounting rule change forces the company to show the fair value of its crypto stash each quarter, creating huge paper swings.
Jacobs Solutions is acquiring the remaining stake in UK-based PA Consulting for 1.216 billion pounds ($1.64 billion). The deal, expected to close by mid-fiscal 2026, aims to boost Jacobs’ services in high-growth sectors like advanced manufacturing and life sciences.
