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Code Is Debt

news.ycombinator.com Tornike 2025-10-24 11:58:07

“Tornike, what do you think of AI coding tools?” I like to answer this frequent question by way of an example. An example of two companies. It goes something like this: Imagine two very similar companies. Both companies generate similar revenue and produce a similar software product. The only difference between these companies is that Company A uses 1 million lines of code and Company B uses 100 thousand lines of code. Which company is better off? Clearly, the company with fewer lines of code

Topics: code companies company debt lines

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The New ‘Toxic Avenger’ Is Helping Avenge Real-World Health Care Debt

gizmodo.com Cheryl Eddy 2025-10-29 22:30:11

The new Toxic Avenger finally hits theaters this week after a few years’ delay, and while audiences are in for a wild ride with the movie’s hilariously gross tale of mutation and redemption, the movie does also tackle more serious themes. A big moment comes early on when Peter Dinklage’s character—Winston Gooze, before he becomes Toxie—learns his expensive health insurance won’t cover his life-or-death medical treatment. Now, the film is applying some real-world activism to that unfortunately re

Topics: avenger cineverse debt medical toxic

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Kodak Says Reports of Its Imminent Demise Are Greatly Exaggerated

gizmodo.com Lucas Ropek 2025-11-21 18:05:19

Fears have swirled that Kodak, one of the last large film companies in the world, may soon be shutting its doors. Those fears were spurred by a regulatory filing released Monday, in which the company spoke of its debt load and a lack of liquidity to pay it off. However, the company has since emerged to deny that it will be shutting down anytime soon. “Media reports that Kodak is ceasing operations, going out of business, or filing for bankruptcy are inaccurate and reflect a fundamental misunder

Topics: company debt kodak million pension

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Kodak has no plans to cease, go out of business, or file for bankruptcy

news.ycombinator.com Unknown 2025-11-22 17:09:23

Media reports that Kodak is ceasing operations, going out of business, or filing for bankruptcy are inaccurate and reflect a fundamental misunderstanding of a recent technical disclosure the Company made to the SEC in its recently filed second quarter earnings report. These articles are misleading and missing critical context, and we'd like to set the record straight. The most important things to know are: Kodak has no plans to cease operations, go out of business, or file for bankruptcy prote

Topics: cash debt fund kodak million

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Kodak denies it’s shutting down amid media reports of financial struggles

techcrunch.com Sarah Perez 2025-11-22 18:39:11

Eastman Kodak is denying reports that it’s shutting down. On Wednesday, media outlets like CNN and CNBC detailed the company’s ongoing financial challenges, including statements made in its earnings report that warned investors it didn’t have “committed financing or available liquidity” to meet debt obligations coming due within 12 months. However, Kodak quickly published a press release to counter these claims, noting it has “no plans to cease operations” or file for bankruptcy protection. Ra

Topics: claims company debt kodak million

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Statement Regarding Misleading Media Reports

news.ycombinator.com Unknown 2025-11-22 23:09:23

Media reports that Kodak is ceasing operations, going out of business, or filing for bankruptcy are inaccurate and reflect a fundamental misunderstanding of a recent technical disclosure the Company made to the SEC in its recently filed second quarter earnings report. These articles are misleading and missing critical context, and we'd like to set the record straight. The most important things to know are: Kodak has no plans to cease operations, go out of business, or file for bankruptcy prote

Topics: cash debt fund kodak million

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US national debt reaches a record $37T, the Treasury Department reports

news.ycombinator.com Hussein Reports On The U.S. Treasury Department For The Associated Press. She Covers Tax Policy 2025-11-24 10:31:19

WASHINGTON (AP) — The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers. The $37 trillion update is found in the latest Treasury Department report issued Tuesday which logs the nation’s daily finances. The national debt eclipsed $37 trillion years sooner than pre-pandemic projections. The Congressional Budget Office’s January 2020 projections had gross fede

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Kodak says it’ll figure things out and won’t shut down

theverge.com Andrew Liszewski 2025-11-24 18:52:22

“Kodak is confident it will be able to pay off a significant portion of its term loan well before it becomes due, and amend, extend or refinance our remaining debt and/or preferred stock obligations. To fund the repayment, we plan to draw on the approximately $300 million in cash we expect to receive from the reversion and settlement of our U.S. pension fund (the Kodak Retirement Income Plan, or “KRIP”) in December. However, the KRIP reversion is not solely within Kodak’s control and therefore i

Topics: debt kodak krip plan reversion

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Kodak Says It May Have to Close Up Shop

gizmodo.com Bruce Gil 2025-11-27 14:10:11

The iconic photography company Kodak could go out of business within a year. The 133-year-old American company warned investors Monday in a regulatory filing that there’s “substantial doubt” it can keep its doors open unless it pays down its debts or renegotiates its terms. In the filing, Kodak warned it has “debt coming due within twelve months and does not have committed financing or available liquidity to meet such debt obligations if they were to become due in accordance with their current

Topics: company debt kodak million year

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Bitcoin briefly retakes $120,000, ether touches 2021 highs after breaking key $4,000 level

cnbc.com Tanaya Macheel 2025-11-30 09:04:17

Bitcoin has edged closer to its all-time high after an overnight rally that also propelled ether to levels not seen since 2021. The price of bitcoin was last flat at $118,981.86, according to Coin Metrics. Ether was also flat at $4,256.90, after surging on Sunday to its highest level since December 2021. Both were trading off their highs of the day. On Friday, ether broke $4,000 for the first time since December. The moves took place alongside a rise in U.S. equity futures earlier in the morni

Topics: according bitcoin debt ether trading

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Bitcoin retakes $120,000, ether touches 2021 highs after breaking key $4,000 level

cnbc.com Tanaya Macheel 2025-12-01 23:43:20

Bitcoin is a stone's throw from its all-time high after an overnight rally that also propelled ether to levels not seen since 2021. The price of bitcoin was last higher by 1% at $119,782, according to Coin Metrics. Ether was down about 1.6% at $4,181, after surging on Sunday to its highest level since December 2021. On Friday, it broke $4,000 for the first time since December. The moves took place alongside a rise in U.S. equity futures, as investors looked ahead to a batch of key inflation re

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CoreWeave stock rises after company announces $1.5 billion bond sale

cnbc.com Samantha Subin 2026-01-10 04:36:48

Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, reacts during the company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. CoreWeave stock rose more than 1% after the renter of artificial intelligence data centers said it plans to sell $1.5 billion worth of bonds. The company said in a release that the notes, due in 2031, will use the capital for general purposes, such as paying off debt. In May, the company announced a $2 billion

Topics: billion company coreweave data debt

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CoreWeave stock climbs after company announces $1.5 billion bond sale

cnbc.com Samantha Subin 2026-01-11 14:16:09

Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, reacts during the company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. CoreWeave stock rose more than 1% after the renter of artificial intelligence data centers said it plans to sell $1.5 billion worth of bonds. The company said in a release that the notes, due in 2031, will use the capital for general purposes, such as paying off debt. In May, the company announced a $2 billion

Topics: announced billion company coreweave debt

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Beyond Meat fights for survival

news.ycombinator.com Anna Kinder 2026-01-11 10:54:40

From a fundamental perspective, Beyond Meat is one of the worst stocks in the entire market. Revenue growth has been paltry: The company expects the figure to reach about $330 million in 2025, roughly 10% higher than it was six years earlier despite a huge increase in the number of products offered. Profitability is distant. In 2024, on an operating basis Beyond Meat lost 45 cents from every dollar of sales. The company’s current target is to reach EBITDA (earnings before interest, taxes, depre

Topics: company debt meat stock year

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Your Recession FAQs Answered: 5 Tips to Help You Prepare, Not Panic

cnet.com See Full Bio 2026-01-11 22:00:00

Recession risks are down, but keep your guard up. Getty Images/Jeffrey Hazelwood/CNET Early this spring, talk of a recession swirled after President Donald Trump began his chaotic tariff campaign. The likelihood of a severe economic downturn hit 66%, according to Polymarket. As Trump deferred some of his most aggressive trade proposals, those forecasts leveled out, but the contours of a potential recession are hard to ignore. Growth in the first quarter of 2025? Down. Jobless claims? Sharply h

Topics: debt financial money recession said

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Economists made a model of the U.S. economy. Our debt crashed the model

news.ycombinator.com Unknown 2026-01-17 09:13:15

People have been worrying about U.S. debt basically ever since there even was a U.S. “The accumulation of debts is a most fearful evil,” Thomas Jefferson wrote in 1787. At the time, U.S. debt was around $40 million. Today, it’s closer to $40 trillion. At the same time, the U.S. economy is bigger and more powerful than Jefferson could have ever imagined, and things are looking pretty good: unemployment is near record lows, inflation is under control… so what’s the problem? “Part of the problem i

Topics: debt economy just model smetters

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Trump-Appointed Judge Kills Rule to Remove All Medical Debt From Credit Reports

gizmodo.com Ed Cara 2026-01-19 04:55:36

Yet another Biden-era reform intended to make life easier for some Americans has been quashed. Late last week, a Trump-appointed federal judge struck down a rule issued by the Consumer Financial Protection Bureau that would have removed all medical debt from being included in people’s credit reports. Judge Sean Jordan of the U.S. District Court of Texas’ Eastern District issued the decision Friday, declaring that the CFPB’s rule surpassed the limits of its authority. The agency previously state

Topics: cfpb credit debt medical rule

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A Recession Could Be Hiding in Plain Sight. Here’s the Best Advice to Prepare

cnet.com See Full Bio 2026-01-22 22:00:00

Recession risks are down, but keep your guard up. Getty Images/Jeffrey Hazelwood/CNET In April, recession fears surged after President Trump began his chaotic tariff campaign. Forecasts for a severe economic downturn hit 66%, according to Polymarket. As Trump deferred some of his most aggressive trade proposals, those forecasts leveled out, but the contours of a potential recession are hard to ignore. Growth in the first quarter of 2025? Down. Jobless claims? Sharply higher. Consumer sentiment

Topics: debt financial need recession said

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Musk backs Sen. Paul's criticism of Trump's megabill in first comment since it passed

cnbc.com Chris Eudaily 2026-02-08 18:08:06

Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Tesla CEO Elon Musk, who bombarded President Donald Trump's signature spending bill for weeks, on Friday made his first comments since the legislation passed. Musk backed a post on X by Sen. Rand Paul, R-Ky., who said the bill's budget "explodes the deficit" and continues a pattern of "short-term politicking over long-term sustainability." CNBC

Topics: debt house musk spending trump

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Microloan Apps May Be Poised to Destroy the Economy

futurism.com Unknown 2026-02-21 11:15:32

We love microlending, don't we, folks? Unlike old-school credit cards, with their days-long approval processes and prior credit minimums, buy-now, pay-later (BNPL) apps — companies like Klarna and Afterpay — offer hard-up customers instant financing options to buy the junk they crave the instant they see it. In the United States, purchases made with these apps currently don't even affect your FICO credit score — or at least, they never used to. That's all about to change this fall, when Fair I

Topics: bnpl credit debt huge like

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Battery manufacturer Powin files for bankruptcy months after landing $200M loan

techcrunch.com Tim De Chant 2026-03-22 08:28:24

Battery manufacturer Powin filed for bankruptcy on Wednesday. The Oregon-based company said it has more than $300 million in debt. The Chapter 11 filing will let the company continue operating while it restructures its debt. Powin manufactured grid-scale batteries using lithium-iron-phosphate (LFP) cells from China. The company had been searching for alternative domestic suppliers, but the supply chain wasn’t sufficiently mature, Jeff Waters, the company’s former CEO, told Bloomberg in April.

Topics: cells company debt million powin

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Elon Searching for Investors Gullible Enough to Pour More Money Into Twitter

futurism.com Unknown 2025-11-17 15:13:39

In 2022, Elon Musk placed a bid of almost $44 billion to acquire Twitter, which he then tried to worm out of. With his back against the wall after a brief skirmish in the courts, Musk chose to honor his original purchase agreement and take over the platform. Flash forward to the present day, and X-formerly-Twitter has lost upward of 79 percent of its original value after neo-Nazis flocked to the platform and big-name advertisers fled in droves. Now, in a somewhat rare move for the richest man

Topics: billion company debt musk platform

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Latest Tech News

Code Is Debt

The New ‘Toxic Avenger’ Is Helping Avenge Real-World Health Care Debt

Kodak Says Reports of Its Imminent Demise Are Greatly Exaggerated

Kodak has no plans to cease, go out of business, or file for bankruptcy

Kodak denies it’s shutting down amid media reports of financial struggles

Statement Regarding Misleading Media Reports

US national debt reaches a record $37T, the Treasury Department reports

Kodak says it’ll figure things out and won’t shut down

Kodak Says It May Have to Close Up Shop

Bitcoin briefly retakes $120,000, ether touches 2021 highs after breaking key $4,000 level

Bitcoin retakes $120,000, ether touches 2021 highs after breaking key $4,000 level

CoreWeave stock rises after company announces $1.5 billion bond sale

CoreWeave stock climbs after company announces $1.5 billion bond sale

Beyond Meat fights for survival

Your Recession FAQs Answered: 5 Tips to Help You Prepare, Not Panic

Economists made a model of the U.S. economy. Our debt crashed the model

Trump-Appointed Judge Kills Rule to Remove All Medical Debt From Credit Reports

A Recession Could Be Hiding in Plain Sight. Here’s the Best Advice to Prepare

Musk backs Sen. Paul's criticism of Trump's megabill in first comment since it passed

Microloan Apps May Be Poised to Destroy the Economy

Battery manufacturer Powin files for bankruptcy months after landing $200M loan

Elon Searching for Investors Gullible Enough to Pour More Money Into Twitter

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