1 comment

sorted by: hot top controversial new old
[–] 3 points 2 months ago
14 comments in c/technology@lemmy.world view that post
[–] 41 points 2 months ago (3 children)

Jump on the baseless short term speculation train.

  • source
  • hideshow 3 child comments
  • [–] 25 points 2 months ago (6 children)

    Ah, the Allbirds play.

    Let’s see how this works out.

  • source
  • hideshow 6 child comments
  • [–] 38 points 2 months ago (2 children)

    Ah, the Allbirds play.

    This shit is wild.

    Allbirds made a surprising announcement Wednesday that it is pivoting from shoes to artificial intelligence. The move boosted shares of the miniscule market cap company — it was valued at about $21 million at Tuesday’s close — by 582%. The shares, which were under $3 a day ago, jumped to about $17.

    https://www.cnbc.com/2026/04/15/allbirds-bird-stock-shoes-ai.html

    This is the most bubblicious bubble to ever bubble.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 13 points 2 months ago (1 child)

    Literally the easiest pump and dump ever. Company failing and you want to dump your shares at a good price? Announce you're doing AI! How? Who cares?! It's AI!

  • source
  • parent
  • hideshow 1 child comment
  • [–] 11 points 2 months ago (2 children)

    I'm still waiting for them to announce the upgrade path. My remaining pair of Allbirds shoes still doesn't have any AI functionality. No care for old cusomers.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 17 points 2 months ago (1 child)

    This reminds of that time during the crypto bubble when the Fashion Channel put out its own crypto currency.

  • source
  • hideshow 1 child comment
  • [–] 13 points 2 months ago

    I'd like to take this opportunity to announce that I am pivoting my home lab to be an AI datacenter. You can DM me for investor details regarding where to send the check.

  • source
  • 5 comments in c/technology@beehaw.org view that post
    [–] 27 points 2 months ago

    The company will move into AI data center and defense markets.

    Cool, cool. Burning the world while also joining the military complex. Good riddance, GoPro.

  • source
  • [–] 5 points 2 months ago (1 child)

    Can anyone recommend an alternative?

  • source
  • hideshow 1 child comment
  • [–] 5 points 2 months ago

    Alternative to what? DJI, Insta360, and many others have been eating GoPro's lunch in action cam market for a decade now.

    Other than promises, what did GoPro actually make in the last 5 years that was better than the competition?

  • source
  • parent
  • [–] 7 points 2 months ago* (last edited 2 months ago) (1 child)

    This announcement will make YouTuber Markiplier $24,225,000 richer.

    As part of the deal, the company’s shareholders will receive a $285 million cash payment, or $1.14 per share, and the stock will remain listed on the Nasdaq.

    One of the shareholders benefiting most from the news is Youtuber Markiplier, who acquired a massive 8.5% stake, according to a July 13 filing. Private equity firm BlackRock also disclosed a 6.4% stake earlier this summer.

  • source
  • hideshow 1 child comment
  • 1 comment in c/technology@lemmy.zip view that post
    [–] 4 points 2 months ago

    What the fuck? Same with Allbirds. This is a stupid move.

  • source
  • 1 comment in c/technology@piefed.social view that post
    [–] 1 point 2 months ago

    AI already jumped the shark when that shoe company declared they were now an AI company.

  • source
  • 1 comment in c/gestapo_usa@lemmy.dbzer0.com view that post
    [–] 2 points 2 months ago

    Yup. Greedy fucks are greedy, even as civilization gorges itself out of the only planet we've got.

    Wheeee. This trip around the drain is like NASCAR, but to the right, instead.

  • source