Finance

Big Tech’s energy-hungry data centers could be bumped off grids during power emergencies

Big Tech’s energy-hungry data centers could be bumped off grids during power emergencies

HARRISBURG, Pa. (AP) — With the explosive growth of Big Tech’s data centers threatening to overload U.S. electricity grids, policymakers are taking a hard look at a tough-love solution: bump...

Read More
China sets 2025 auto sales target below association forecast, vows tighter regulation

China sets 2025 auto sales target below association forecast, vows tighter regulation

SHANGHAI (Reuters) -China is targeting 32.3 million in vehicle sales in 2025, the country’s industry ministry said, below the 32.9 million units projected for the year by the China Associat...

Read More
The Winklevoss brothers’ Gemini surges 64% in its trading debut

The Winklevoss brothers’ Gemini surges 64% in its trading debut

Craig T Fruchtman/Getty Images Gemini Space Station stock soared as much as 42% on Friday. The crypto exchange priced its IPO at $28 a share and raised $425 million. Shares of Klarna a...

Read More
Hedge funder Eric Jackson thinks he has another secret weapon that’ll pump Opendoor stock to the moon: Drake

Hedge funder Eric Jackson thinks he has another secret weapon that’ll pump Opendoor stock to the moon: Drake

Drake performs in Los Angeles in 2016.Scott Dudelson/Getty Images) Hedge fund manager Eric Jackson wants Drake to buy Opendoor stock. He’s been posting videos filmed in front of Dr...

Read More
Musk’s xAI lays off hundreds of data annotators, Business Insider reports

Musk’s xAI lays off hundreds of data annotators, Business Insider reports

(Reuters) –Elon Musk‘s xAI laid off at least 500 workers from its data annotation team, Business Insider reported on Friday. The company sent out emails Friday night notifying employe...

Read More