Author: franperez66q@protonmail.com
The best defense is a good offense. That old sports adage seems to capture what Meta Platforms CEO Mark Zuckerberg hopes to accomplish by standing up a cloud business. Shares of the Facebook and Instagram parent company soared nearly 9% last Wednesday, the day the company confirmed to Jim Cramer that a long-talked-about cloud service was in the works. According to Bloomberg, which was first to report the news, Meta is debating whether to offer access to AI models hosted on its infrastructure or to sell access to raw computing power. A week later, there are few details on exactly…
The BBC’s Chris Mason has been travelling with the prime minister for the Nato summit and asked a few questions. Source link
NATO leaders pose for a family photo during the NATO Summit in Ankara, Turkey, July 8, 2026.Saul Loeb | Afp | Getty ImagesThe Iran war has reignited and the U.S. may need European allies more than ever, but President Donald Trump left a NATO summit in Turkey on Wednesday without announcing any new commitments from the defense alliance to assist with the conflict. He instead delivered mixed signals about his feelings toward the military alliance throughout his two days in Ankara, claiming “tremendous unity” at one point while elsewhere slinging harsh words for other countries’ hesitance to involve themselves in…
S&P 500 ends down after Trump says Iran deal is ’over’ Source link
Ivy League college students are, by definition, intelligent. They don’t need to use generative AI to cheat on exams; they could just learn the material. But they also tend to be competitive, ambitious, and overscheduled, so AI can look like an easy shortcut that makes more time in their lives for things that can’t be done by a chatbot. When the pressure is on, which approach do they choose? A new scandal at Brown University reveals that huge numbers of these students are likely to cheat. Record scores A recent survey of Princeton students found that 29.9 percent admitted to…
Former Defence Minister Al Carns has said he will not stand for the Labour leadership and urged his party to get behind Andy Burnham.He told Sky News a leadership contest was “not the best use of Labour’s time” and in his view “we need to get on board” with Burnham.Carns’s decision means Burnham is the only Labour MP who has declared his intention to bid for the Labour leadership, following Sir Keir Starmer’s resignation as prime minister last month.Earlier this week, Carns had said he could not support Burnham until he had seen more detail about his plan for government.But…
A rendering of Meta’s new 1GW, AI-optimized data center in Alberta, Canada.Courtesy: MetaMeta’s AI expansion is heading north of the border. The company said in a blog post on Wednesday that it’s building its first data center in Canada, a 1 gigawatt facility in the province of Alberta that will cost Meta about $9 billion and take two to three years to construct. It’s Meta’s 33rd data center overall and the latest in the company’s effort to rapidly build out to meet demand for artificial intelligence infrastructure and services. Alberta, on the western side of Canada, represents an attractive spot for…
Big Tech joins Calgary Stampede oil bash, as Canada courts data centers Source link
CNBC’s Jim Cramer said Wednesday that while Wall Street was focused on re-escalating tensions between the U.S. and Iran, he is more concerned about a flood of new stock and bond issuance that could threaten the bull market.”At least when it comes to the stock market, I’m a lot more worried about supply — specifically, the flood of new equity and bonds that have inundated this market, sopping up a lot of sidelined capital,” the “Mad Money” host said.Companies have issued staggering amounts of equity and debt in the last month, Cramer noted, including Alphabet’s big stock sale, SpaceX’s $85…
President Donald Trump on Wednesday said he would make a long-shot bid to get the Supreme Court to rehear the case in which it ruled against his executive order that sought to sharply restrict birthright citizenship.The Supreme Court on June 30 held that babies born in the United States are automatically citizens under the Fourteenth Amendment’s Citizenship Clause.The majority ruling rejected Trump’s executive order that sought to undo that benefit for the children of many immigrants.Trump’s order, which he signed on Jan. 20, 2025, said that 30 days after its effective date, babies born in the U.S. were not entitled…