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 to Sell Ammunition and Sporting Goods Divisions for $3.4 Billion
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 Considers Nuclear Power for AI Data Centers
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...]
Hybrid Work in Tech: The New Norm Amid Talent Wars
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 and Big Tech’s Impact on Global Water Crisis
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 Biden Urges Port Companies to Offer Fair Deals to Striking Dockworkers
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 Warns Elon Musk About Loyalty to Trump
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...]
Key Steps OpenAI Must Take to Transition to a For-Profit Company
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...]
Buffalo Wild Wings Defends ‘Boneless Wings’ in Court Against Deceptive Marketing Claims
Buffalo Wild Wings is currently embroiled in a legal battle to assert that its boneless wings are not simply 'chicken nuggets' as claimed by a plaintiff. Legal Dispute Over Ingredient Composition The ongoing court case revolves around the assertion by the plaintiff that Buffalo Wild Wings' boneless wings are crafted from chicken breast meat rather than chicken wing meat. The … [Read more...]
Masayoshi Son: From Tech Titan to $100 Billion Gambler
Masayoshi Son, the founder of SoftBank, has transformed from a social outcast to a tech mogul with a net worth of almost $17 billion. His journey from poverty to the heights of the tech industry is chronicled in a new book by Lionel Barber, showcasing his bold bets on the future of technology. The Rise of Masayoshi Son From humble beginnings on a dirt track in Japan, Masayoshi Son faced … [Read more...]
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