Funko Pop just warned investors there’s “substantial doubt” about its ability to continue operating. The company faces $241 million in debt and just posted a $1 million quarterly loss. Their survival plan involves mini-figures and mystery vending machines.
The Trump administration is floating the idea of 50-year government-backed mortgages. While monthly payments would drop, homeowners would pay significantly more interest over the decades. The trade-offs are substantial.
The UK’s National Grid is facing unprecedented demand from data centers, with connection requests surging over the past year. The grid operator expects to connect up to 19GW of new capacity by 2031, half from data centers alone. This could push data center electricity consumption to 9% of UK demand
Cogent Communications has agreed to sell two data centers it acquired from Sprint for $144 million in cash. The facilities are among the largest of 24 wholesale properties Cogent repurposed from the Sprint acquisition. CEO Dave Schaeffer says more deals are in negotiation as the company continues it
UK regulators are moving forward with stablecoin ownership caps while making key exceptions for crypto platforms and retail businesses. The proposed rules would limit individuals to £20,000 holdings of systemically important stablecoins.
Spotify is facing coordinated backlash over multiple controversies just as its crucial Wrapped season approaches. The streaming giant paid out $10 billion to the music industry in 2024 but still faces artist payment complaints. Now consumers are voting with their wallets over ethical concerns.
A major battle is brewing over Europe’s 6 GHz wireless spectrum between Wi-Fi advocates and mobile operators. Germany appears to be shifting toward exclusive cellular use for future 6G networks, while the US already allocated the entire band to Wi-Fi. The decision could shape Europe’s digital infras
Rockstar Games fired 30-40 employees days before announcing another Grand Theft Auto VI delay. The company claims “gross misconduct,” but workers allege it’s union-busting targeting employees discussing working conditions in private Discord servers.
A Seattle entrepreneur discovered that producing an independent feature film required many of the same skills as building a tech startup. Both ventures demand grit, preparation, and the ability to recognize opportunity when luck strikes. The patterns of creating something from nothing translate acro
Android 16 is fixing a significant privacy vulnerability in the “approximate” location setting that could expose more data than users intended. The update addresses how apps could potentially bypass location accuracy restrictions through technical workarounds.
