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The midterm AI backlash just handed the biggest data center companies a surprising win

The midterm AI backlash just handed the biggest data center companies a surprising win

The AI data center backlash could strengthen Amazon, Microsoft, and Google by limiting competition and driving up cloud computing prices.

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News Corp posts record profitability in Q1, driven by Dow Jones, real estate, book publishing units

“Our three engines of growth – Digital Real Estate Services, Dow Jones and Book Publishing – collectively delivered robust results despite volatile economic conditions,” Thomson said.

News Corp Revenue Rises, With Growth Across Most Segments

News Corp Revenue Rises, With Growth Across Most Segments

Digital-only subscriptions to The Wall Street Journal averaged 4.66 million in the quarter, up from 4.46 million in the previous quarter.

Iconic NYC bookstore owned by Dem senator’s wife to pay $1.5M over ineligible COVID loan

Iconic NYC bookstore owned by Dem senator’s wife to pay $1.5M over ineligible COVID loan

The Strand agreed to pay nearly $1.5 million to settle allegations tied to a pandemic-era PPP loan that federal law barred it from receiving.

Pixar cofounder Ed Catmull, 81, says the smartest AI-era career move is to help build what comes next

Pixar cofounder Ed Catmull explains why he thinks workers should engage with AI, rather than stand on the sidelines.

Agility Robotics is taking humanoid robots public in a first for Wall Street

Agility Robotics is taking humanoid robots public in a first for Wall Street

The Oregon startup, whose humanoid robots carry heavy materials in factories and warehouses, is expected to begin trading on Nasdaq on Thursday.

Toyota Raises Earnings Forecast After Higher Operating Profit

Toyota Raises Earnings Forecast After Higher Operating Profit

Operating profit climbed 34% thanks to a weaker yen and cost reduction despite disruptions caused by the Middle East conflict.

France blood bank cyberattack targets refrigeration systems as European supermarkets hit

France blood bank cyberattack targets refrigeration systems as European supermarkets hit

Hackers targeted cold storage systems at three French blood banks, but staff quickly moved supplies to uncompromised refrigerators before damage could be done.

AI Was On The Ballot…And Lost In A Rout

AI Was On The Ballot…And Lost In A Rout

Ben Thompson, Stratechery What does it mean if American opposition to building is permanent?

Pls. Microsoft Exes, Don’t Be 1 of 1,000 Workers. Be 1 of 1

Pls. Microsoft Exes, Don’t Be 1 of 1,000 Workers. Be 1 of 1

Michael Dermer, RCM On Monday, 60,000 of you got the letter. I’m so sorry. But you get one day.One day. Pour the bourbon. Drink. Cry. Smoke. Say the things you...

CEOs Be Ready, Democratic Oversight Coming to America

CEOs Be Ready, Democratic Oversight Coming to America

Adonis Hoffman, The Hill Party power is never forever.

Forget Failed CA Wealth Tax, Dems Eye National Fight

Andrew Keshner, Marketwatch A ballot measure that would have created a first-of-its-kind wealth tax on billionaires appears headed for defeat in California, concluding a costly campaign that…

Cat Wu joins OpenAI from Anthropic in huge product-lead coup

Cat Wu joins OpenAI from Anthropic in huge product-lead coup

Cat Wu left Anthropic last week after becoming one of the company’s highest-profile product managers and is now joining rival OpenAI.

Ukraine’s soldiers are getting new jobs in the robot war

Ukraine’s soldiers are getting new jobs in the robot war

Ukraine’s growing use of robots is changing some soldiers’ jobs, shifting from dangerous front-line missions to operating and maintaining machines.

McDonald’s tests new value menu as fast-food discount wars heat up

McDonald’s tests new value menu as fast-food discount wars heat up

The burger chain is overhauling its menu and seeking to deliver a “clear and compelling value proposition.”

Qualcomm’s stock falls as twin forces pressure sales

Qualcomm’s stock falls as twin forces pressure sales

Qualcomm faces the loss of Apple’s business and the negative impact of high memory costs on overall smartphone demand.

Zillow Traffic Slides as High Mortgage Rates Freeze Housing Market

Zillow Traffic Slides as High Mortgage Rates Freeze Housing Market

Zillow reported a decline in traffic to its apps and sites in the midst of what it called “one of the toughest housing markets in a generation.”

Joe Manganiello’s 3-part longevity plan: skip testosterone, try floating

Joe Manganiello’s 3-part longevity plan: skip testosterone, try floating

Joe Manganiello shared his longevity plan after launching his new memoir, a tell-all about his chronic illness and his ex-wife, actress Sofía Vergara.

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Air France-KLM Shares Jump After Strong Profit Eclipses Rising Fuel Bill

The Franco-Dutch carrier group reported strong profitability, showing that it can contain costs despite tensions in the Middle East keeping fuel prices elevated.

Breakfast food giant makes major change to iconic cereal’s recipe

Breakfast food giant makes major change to iconic cereal’s recipe

Kellogg’s is reformulating Rice Krispies and Coco Pops in the U.K. as weather-related disruptions affect ingredient supplies, but American consumers won’t see changes.

Grocers push back on DoorDash’s Instacart deal

Grocers push back on DoorDash’s Instacart deal

DoorDash Instacart merger raises fears for small grocers as family-owned chains weigh delivery power, data control and Amazon competition.

After the midterms, a bigger clash over data centers could be coming

After the midterms, a bigger clash over data centers could be coming

Data center opposition crossed party lines in Tuesday’s midterms.

My 93-year-old father changed his will at the 11th hour, leaving my brother his entire $500,000 estate. Can I challenge it?

My 93-year-old father changed his will at the 11th hour, leaving my brother his entire $500,000 estate. Can I challenge it?

“My brother had no job and needed a place to live.”

What truly worries top Wall Street executives following the Democrats’ midterm sweep

What truly worries top Wall Street executives following the Democrats’ midterm sweep

Wall Street may not be thrilled with Tuesday night’s blue tsunami, but many top executives see a more fundamental problem that’s threatening US business: a two-party system that’s increasingly dominated...

Oracle nixes $7B chip leasing deal with China’s Tencent after Trump admin pushback: report

Oracle nixes $7B chip leasing deal with China’s Tencent after Trump admin pushback: report

The deal struck by Oracle and its billionaire chairman Larry Ellison would have provided Tencent with access to up to 100,000 AI chips located at Asia-based data centers over a...

Fed Chair Kevin Warsh set to face new headaches with Democrats in control: ‘Got no support’

Fed Chair Kevin Warsh set to face new headaches with Democrats in control: ‘Got no support’

Elizabeth Warren, a harsh Warsh critic, likely replaces Trump ally and Warsh supporter Tim Scott of as the Senate Banking Committee’s chair.

Voters reject data centers in nearly 50 ballot initiatives during midterms in major setback to AI bigwigs

Voters reject data centers in nearly 50 ballot initiatives during midterms in major setback to AI bigwigs

Voters overwhelmingly rejected AI data centers on election night – dealing a major setback to Elon Musk and other tech bigwigs pushing a massive buildout.

California voters approve $11.25B housing bond, saddling state with decades of new debt

California voters approve $11.25B housing bond, saddling state with decades of new debt

Written by state lawmakers, the measure aims to provide up to 40,000 multifamily rental units and assist another 40,000 households in buying a home.

Waymo co-CEO addresses scrapped Uber deal as rivalry between rideshare giants heats up: ‘It was a crapshoot’

Waymo co-CEO addresses scrapped Uber deal as rivalry between rideshare giants heats up: ‘It was a crapshoot’

Tekedra Mawakana said the plan to end an exclusive robotaxi partnership with Uber in Atlanta and Austin came after customer feedback for more consistency when ordering self-driving rides.

HP taps Emma Walmsley, ex-GSK chief and Microsoft board member, as CEO

HP taps Emma Walmsley, ex-GSK chief and Microsoft board member, as CEO

HP, like peers Dell Technologies, Apple and Lenovo, is caught in a global memory chip squeeze.