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Wednesday: Tesla’s crypto losses & fine reduction, AMD’s gains thanks to server division

Kiratas by Kiratas
February 1, 2023
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Over $100 per car sold. This is how high Tesla’s speculative losses with Bitcoin 2022 are. Tesla was able to negotiate more lucratively with the Federal Environment Agency, because the fine imposed was drastically reduced after the lawsuit and settlement. Meanwhile, AMD’s server division is grabbing Intel’s crown jewels and giving AMD a passable annual financial statement. A small plus remains, although the takeover of the network specialist Xilinx cost billions in 2022. PayPal, on the other hand, is worse. The payment service is cutting many jobs due to high cost pressure – the most important reports in a nutshell.

Tesla generated more revenue, operating income and net income in 2022 than ever before. The annual report now filed with the US Capital Markets Authority shows that the German Federal Environment Agency can certainly be traded. On million fine would significantly shortened. with Bitcoin speculation but the carmaker had less success. In early 2021, Tesla bet $1.5 billion on Bitcoin, and it was able to do so that year Crypto Speculation Profit book. In the meantime, the company has sold around 88 percent of its former bitcoins, at a loss: Tesla loses millions through Bitcoin, saves at the Federal Environment Agency.

In a different industry AMD continued to be successful, because for another quarter the company narrowly missed a net loss: 21 million US dollars remained in the fourth quarter of 2022 as net profit left over. This is the strong server business to thank, because the data center division around the Epyc-CPUs continued to grow at the end of 2022. Even the gaming division continued to do surprisingly well, because the chips for game consoles have the Radeon sales slump almost completely balanced. That problem child stays the Client group around all Ryzen processors from AMD: An Island in the Red Sea.

Paypal want his number of employees given the challenging economic environment reduced by about seven percent. This affects around 2000 employees. Paypal CEO Dan Schulman justified the job cuts if austerity measures. Paypal has made great strides in reducing costs over the past few years, but still needs to do more. Schulman promises one respectful treatment of employees and generous severance pay: Paypal cuts workforce by 7 percent – 2,000 full-time employees affected.

Die Photo-App Snapchat still wins new users added, but this Advertising business is not going. after one stagnant sales the development company expects in the past quarter Snap for the current quarter with one decline in revenue between two and ten percent. That doesn’t go down well on the stock market. the stock fell almost 15 percent in after-hours trading. Snap also slipped recently deep in the red. There was one last quarter loss of millionsafter Snap was able to bring in its first quarterly profit a year earlier: Snapchat with more users, but a gloomy outlook causes the share to fall significantly.

It’s been in for almost five weeks Potsdam die City administration offline, with a very short break. For the first time, the city names a name: Hive. There is one under that name Ransomware Gang known, which was smashed last week by investigative authorities in Europe and the USA. Apparently, Potsdam fears that their Systems infected with software from these perpetrators became. The attackers should nothing encrypted yet have, however, the dismantling of Hive has not necessarily removed the danger for Potsdam. That’s why Potsdam remains offline: the city speaks of danger from the Hive gang.

Die Deutsche Telekom brings her what was announced a year ago 5G cellular modem on sale from February 1st. With that you can DSL connectionson which the Telekom router Speedport Smart 4 is operated, accelerate via the additional mobile radio path. Telekom customers in particular on long DS lines can significantly change depending on the location of the next 5G base station more speed expect. Additionally, the extension also increases the Reliability of Internet accesswhich makes them interesting for connections used for business: Telekom accelerates DSL connections with a simple 5G extension.

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Tags: 5GAMDAMD EpycAMDsBitcoinbusiness figuresCryptoCryptocurrencyCybercrimeDeutsche TelekomdivisionDSLfinegainsIT professionalsIT-BranchelossesOnline AdvertisingPaypalPotsdamRansomwarereductionServerSnapchatTesla MotorsTeslasWednesday

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