X has resumed operations in Brazil after complying with court demands and paying a hefty fine. The platform is back in action for millions of users in the country following a legal standoff with Brazil's Supreme Court. The Fine Paid and Ban Lifted After facing an August ban due to noncompliance with court orders, X successfully overturned the ban by paying a $5.2 million fine and taking … [Read more...]

Taiwan Semiconductor Manufacturing Company (TSMC) stands as a pivotal player in the global tech landscape, powering electronic devices worldwide. Founded in 1987 by Morris Chang, TSMC revolutionized the industry with its pure-play foundry model, catering to companies like Nvidia, Qualcomm, Apple, and AMD. As the AI industry surges, TSMC's market cap reached $1 trillion in July, solidifying its … [Read more...]

Elon Musk and former President Donald Trump shared the stage during a campaign rally at the Butler Farm Show fairgrounds in Pennsylvania. Musk emphasized the importance of voter turnout to support Trump, stating that it is crucial for the future of elections. Elon Musk's Support for Trump Elon Musk, the billionaire behind leading global companies, made a notable appearance at Trump's … [Read more...]

Vista Outdoor has reached an agreement to sell its two divisions for a total of $3.4 billion. The company will sell Revelyst, its sporting goods business, for approximately $1.13 billion. This deal is contingent on the completion of the sale of its ammunition business, Kinetic Group, for about $2.23 billion. Details of the Deal The Minnesota-based Vista Outdoor is set to divest its sporting … [Read more...]

Google is exploring the use of nuclear power to fuel its energy-intensive AI data centers. CEO Sundar Pichai mentioned that Google is assessing technologies such as small modular nuclear reactors for this purpose. Competitors like Amazon and Microsoft are also turning to nuclear energy to support their data center operations. Google's Pursuit of Sustainable Energy Sundar Pichai hinted at the … [Read more...]

Despite return-to-office mandates at Amazon and Dell, the tech world still appears to favor hybrid work. Research from Flex Index suggests that working from home is thriving in the tech industry. Experts say hybrid work boosts recruitment and retention and could be crucial amid tech talent wars. Return-to-Office Mandates Facing Resistance Some tech workers are being dragged back to the office — … [Read more...]

AI's Role in Worsening Water Crisis The rise of artificial intelligence is exacerbating the global water crisis, especially for billions of poor and working people who already lack access to clean water. AI's insatiable appetite for power and water, fueled by data centers predominantly located in the global south, is set to make the situation much worse. Case Study: Colón, Mexico In … [Read more...]

President Joe Biden and other government officials are pushing port companies to provide better offers to the 45,000 dockworkers currently on strike at East and Gulf Coast ports. The strike has led to the closure of 36 ports and is estimated to cost the economy $5 billion per day, according to JPMorgan analysts. Biden's Call for Fair Contracts In a statement on Tuesday, President Biden … [Read more...]

Mark Cuban recently cautioned Elon Musk about his unwavering support for Donald Trump, emphasizing that Trump's loyalty lies solely with himself. The ongoing social media clash between the two billionaires escalated when Musk reiterated his endorsement of the GOP nominee and criticized the Democratic party for allegedly manipulating the immigration system to gain support in key swing … [Read more...]

OpenAI has a deadline of 2 years to make the transition to a for-profit company. In this period, there are crucial actions it needs to undertake to ensure a smooth shift. Announcement of Restructuring Last week, OpenAI made a significant announcement regarding its restructuring into a for-profit entity. This decision marks a pivotal moment in the company's evolution. Raising Additional … [Read more...]