The US and EU are poised to rule on a historic case on Google that could free our media and our digital markets from Google’s monopoly. They should align to tackle monopolistic practices, writes […]
The rising energy demands of global data centers are driving shifts toward renewable power sourcing with US data centers accounting for half of total US corporate clean energy procurement, but only around 20% in Europe, […]
Daily Standup Top Stories Dimon Issues Dire Warning About “Treacherous” Geopolitical Situation October 14, 2024 Mariel Alumit Jamie Dimon, CEO of JPMorgan Chase, has expressed concerns about the global economic outlook. He cited geopolitical tensions, particularly […]
Alphabet Inc.’s Google is investing in the development of the next generation of nuclear power, backing a company that’s building small modular reactors and agreeing to purchase energy once the sites start supplying US grids. […]
The European Union’s General Court annulled the European Commission’s €1.49 billion fine on Google for anticompetitive behaviour with its AdSense product on Wednesday (18 September), leaving the Commission just over two months to appeal. […]
A 4% drop will put the Nasdaq back to Nov 2021. Amazon, Tesla, and Alphabet already back where they’d been 3 or 4 years ago. Nvidia -24% from peak. By Wolf Richter for WOLF STREET. Rate cuts are […]
Daily Standup Top Stories Saudi Aramco Sees Oil Demand Rising by 1.6 Million Bpd in Second Half of 2024 August 6, 2024 Mariel Alumit Saudi Aramco’s CEO has forecast a strong increase in global oil demand […]
AI data centers’ rising electricity demand prompts investors to buy power utility stocks, anticipating generational demand growth. Power utilities stand to benefit from the AI boom as they secure reliable electricity for consumers amid increasing […]
Daily Standup Top Stories China’s banking turmoil: 40 banks vanish as crisis deepens July 22, 2024 Mariel Alumit The Chinese banking sector is facing a severe crisis. In just one week, 40 banks disappeared, and the […]
Before everything got disrupted by the attempt on President Trump’s life, I had written a post last week titled “Big Tech On The Path To Net Zero.” That post looked at the most recently issued […]
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