The Disney-YouTube TV carriage fee dispute has entered its third week, with Disney losing $30 million weekly and nearly a quarter of YouTube TV subscribers considering cancellation. Both companies are playing hardball as sports fans scramble for alternatives.
The traditional engineering, procurement, and construction model is collapsing under equipment shortages and AI-driven electricity demand. Transformers now take up to 200 weeks to deliver while utilities scramble to meet data center timelines.
Thousands of contractors working on Meta’s AI training project were abruptly cut by startup Mercor, only to be offered similar work at significantly lower pay. The move highlights growing pressure in the data labeling industry that powers companies like OpenAI and Meta.
America’s returns crisis sees 8.4 billion pounds of products returned annually, with about 17% of retailer inventory ending up as returns. Rebel just secured $25 million to build a resale network that gives these products a second life at 40-70% discounts. The funding round was led by Jay-Z’s MarcyP
Italian multi-utility A2A has increased its 2024-2035 investment plan to €23 billion, with €1.6 billion specifically targeting data center development. The company sees massive growth in Milan-area data center capacity driving electricity demand. Despite the ambitious plan, shares dropped 6% on caut
Google has filed a major lawsuit against a cybercriminal organization dubbed the “Smishing Triad” that used a phishing-as-a-service platform called Lighthouse to target over a million victims across 120 countries. The group impersonated trusted brands like E-ZPass and USPS to steal sensitive financi
Major food companies are funding an ambitious project to convert over 1,000 acres of farmland into native grasslands. The Wilding initiative challenges conventional farming wisdom by proving that nature and agriculture can thrive together. This represents one of the largest collaborations in regener
OpenAI is burning through cash at an alarming rate with its Sora video generator costing an estimated $5 billion annually. The company lost $12 billion last quarter alone while facing copyright issues and unsustainable economics. Even OpenAI’s own Sora lead admits the current financial model “is com
The energy industry is rapidly adopting AI, automation, and digital twins to improve efficiency and sustainability. This partnership between Big Oil and Big Tech represents a business opportunity that could reach $400 billion by 2030.
Michael Burry is sounding the alarm on AI stocks, warning that massive spending on Nvidia chips could lead to painful accounting issues. His concerns echo those of famed Enron short-seller Jim Chanos about the AI spending boom.
