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News
Paramount Skydance's Warner Bros. Buyout Delayed to 2027
4+ hour, 47+ min ago (320+ words) A blockbuster merger just got a lot messier. Paramount Skydance, having won a bidding war against Netflix for Warner Bros. Discovery in February, has agreed to delay the merger's completion until June 2027 at the latest, or until a court gives…...
Nvidia & SK Hynix Sign $500B AI Memory Deal
4+ hour, 48+ min ago (484+ words) The AI boom runs on two things: chips that can crunch huge amounts of data, and the memory that keeps those chips fed. Nvidia just made a long-term deal with SK Hynix to make sure it does not run out…...
US Tech Titans Clash with Washington Over AI 'Distillation"
4+ hour, 48+ min ago (314+ words) Everyone knows Chinese AI is catching up fast. The question is how. In the last few weeks, a quiet technique called "distillation" has become the loudest argument in the AI world. A Chinese lab called Moonshot AI released a model…...
Appeals Court Blocks $100K H-1B Visa Fee
4+ hour, 48+ min ago (319+ words) The judges chose not to suspend the earlier ruling that prevented the charge from taking effect while the government pursues an appeal. The panel determined the administration had not demonstrated a strong likelihood of winning its argument that the president…...
SpaceX's Tiny Float Could Mean Wild Price Swings
3+ hour, 46+ min ago (327+ words) But here is the thing that has Wall Street buzzing - and not entirely in a good way. SpaceX is only putting a sliver of its shares up for sale. Roughly 4% to 5% of the company's total stock will be available to…...
How Stock Indexes Are Adapting to SpaceX's IPO
3+ hour, 46+ min ago (555+ words) SpaceX is gearing up for an IPO on the Nasdaq that will dwarf anything that came before it. The company filed its S-1 prospectus around June 12, 2026, and expects to raise over $75 billion at a target valuation of $1.75 trillion to $2 trillion. To…...
Downed Cable Exposes AI Data Center Grid Risk
4+ hour, 48+ min ago (306+ words) The PJM interconnection serves 67 million customers and is one of the largest grid/) operators in the United States. Data centers are increasingly concentrated in regions like northern Virginia, home to more data centers than any other place globally. Their simultaneous…...
Logistics Giants Expand Cold Storage for GLP-1 Drug Surge
4+ hour, 48+ min ago (372+ words) Most injectable GLP-1 drugs, such as Novo Nordisk's Ozempic and Wegovy and Eli Lilly's Mounjaro and Zepbound, require cold-chain conditions during transport. The FDA has cautioned that incorrect handling during transit can compromise drug quality and advises patients not to…...
Kalshi Demands Netflix Remove Doc Trailer Over Bet Claim
4+ hour, 48+ min ago (536+ words) Prediction markets are having a moment. As they grow in popularity, so do the legal land mines around them. Kalshi, a prediction market company that lets people bet on everything from election outcomes to sports scores, sent a cease-and-desist letter…...
Saudi Strikes Houthi Targets After Red Sea Tanker Attacks
5+ hour, 43+ min ago (551+ words) Major General Turki Al-Malki, the coalition spokesperson, said the strikes were aimed at military equipment the Houthis used to threaten commercial ships. He called the earlier Houthi attacks on vessels a "reckless and cowardly act." Saudi air defenses intercepted two…...