Tootfinder

Opt-in global Mastodon full text search. Join the index!

In Iran, at least 3,468 people were killed over several weeks of U.S.-Israeli strikes.
Recovery for Iran is expected to be costly after the strikes hit critical infrastructure like bridges, manufacturing, and oil depots, as well as civilian infrastructure like hospitals and schools.
As part of the agreement signed this week, the U.S. has said it would work with regional partners create a $300 billion reconstruction fund.
Meanwhile, in the U.S.:
as Trump seeks nearly $1.…

@davidaugust@mastodon.online
2026-06-20 21:41:34

A dozen memes (in a thread) of the foreign policy moment: capitulation, surrender, losing the war.
🧵 1 of 3
#USpol #Iran #kegseth

A post by Molly Ploofkins titled "Understanding Trump's Surrender to Iran: A Quick Guide." The tweet contains a table comparing the Obama (JCPOA, 2015) and Trump (2026) agreements with Iran. The table has three columns: the first column lists categories such as Unfrozen Iranian assets, Iran's uranium stockpile, Iran's enrichment program, Iran sanctions, Hormuz Strait, American lives lost to get to deal, American injuries to get to deal, Direct costs to get to deal, Additional geopolitical risk,…
screenshot of a post by Oz Katerji @OzKaterji 

I also think it was obvious, basically everyone with sense said that Iran could win the war simply by outlasting US resolve, and they did precisely that. Trump basically thought the Iranians would fold like the Venezuelans did after Maduro, he was wrong. 

[quote post] 
Tom Nichols @RadioFreeTom 

Unless you're an brain-wormed partisan,
"Iran is an evil regime," "this preventive war was stupid and should never have been launched," and "this peace …
screenshot of a post by Michael McFaul 
@McFaul 

This agreement is far worse than I expected.
To reopen the strait— a strait that was open before the war- we and our partners are transferring billions to the autocrats. We get nothing else— no elimination of enriched uranium, missiles, or terrorist support. And to add one final gift, we agree to not help the Iranian people pursue their democratic aspirations. Just incredible. 

[quote post] 
Farnaz Fassihi @farnazfassihi 

The full text of the …
screenshot of a post by Senator Mark Kelly @SenMarkKelly 

Donald Trump took us to war without a plan.
Families have lost loved ones. Billions of dollars have been spent. For what? This "deal" he signed leaves Iran stronger and in control of the Strait, but does little to advance US interests. The "master deal maker" just made one of the worst deals in US history. This is a total capitulation! What's next, the Russians get Alaska? 

Jun 18, 2026 • 2:23 AM UTC
@Techmeme@techhub.social
2026-05-20 06:35:55

An analysis based on current valuations of OpenAI and Anthropic suggests ~$370B of philanthropic assets tied to the two AI companies are poised to become liquid (Nan Ransohoff/Nan's Substack)
nanransohoff.substack.com/p/th

@kornel@mastodon.social
2026-05-20 13:59:39

It's terrifying that the tech has been taken over by broligarchs who given the Trolley Problem think "we can capture the trolley supply chain, jack up the prices, and get US military pay billions for dual-track double-kill trolleys"

@Mediagazer@mstdn.social
2026-07-20 13:40:36

Source: FIFA plans to open media rights bidding for the 2030 and 2034 World Cups but faces headwinds, like media companies locking in billions for other sports (Wall Street Journal)
wsj.com/business/media/fifa-ra

@Dragofix@veganism.social
2026-05-17 02:27:42

European bottom trawling costs billions every year in climate impacts, study finds news.mongabay.com/short-articl

@memeorandum@universeodon.com
2026-05-19 14:01:02

Vance says 'stealing' $1B from treasury is theft - on the same day Trump pledged to give $1.7B taxpayer cash to his allies (The Independent)
the-independent.com/news/world
memeorandum.com/260519/p32#a26

@thomasfuchs@hachyderm.io
2026-05-17 16:02:51

It's funny to think of this in terms of 1990s headlines in computer magazines claiming that Unix is dead.
It's literally on billions of devices now (and yes I mean actual real Unix, not even Linux, which is on billions more).

@Techmeme@techhub.social
2026-07-22 03:05:54

Memo: the White House OSTP plans to redirect federal research funding from universities to individual scientists and AI use, reshaping ~$200B in annual spending (Amrith Ramkumar/Wall Street Journal)

Andy Burnham Ditches Digital ID Plan,
Saying Billions Will Go To Cost-Of-Living Priorities Instead
Incoming UK Prime Minister Andy Burnham prioritises cost-of-living support over Starmer's controversial digital ID plan.
ibtimes.co.uk/andy-burnham-scr

@matthiasott@mastodon.social
2026-05-19 20:29:32

So Google is basically killing their main product? The ingenious money machine that made them billions? Or am I missing something … I mean: where are the ads? 🤔
techcrunch.com/2026/05/19/goog

@primonatura@mstdn.social
2026-05-14 13:00:03

"How controlled burns can help save taxpayers billions"
#Environment #Nature

@ErikUden@mastodon.de
2026-06-18 10:47:42

kane parsons is no longer 20 years old. billions will perish.

@bici@mastodon.social
2026-07-20 02:09:37

"It took five weeks, billions of dollars and all the top soccer talent in the world, but FIFA finally managed it. It turned the biggest sports event in the world into a bad awards show."

@servelan@newsie.social
2026-07-21 19:34:55

The Pentagon, sinking billions into Iran war, is quickly running short on cash - The Washington Post
washingtonpost.com/national-se

@paulwermer@sfba.social
2026-05-10 17:03:14

h/t urbantruth.bsky.social
The Highway Lobby Spends Millions to Make Sure We Pay Billions - Union of Concerned Scientists
blog.ucs.org/kshen/the-highway

@PaulWermer@sfba.social
2026-05-10 17:03:14

h/t urbantruth.bsky.social
The Highway Lobby Spends Millions to Make Sure We Pay Billions - Union of Concerned Scientists
blog.ucs.org/kshen/the-highway

@memeorandum@universeodon.com
2026-06-17 02:45:40

Breaking down the billions Iran could receive under Trump's deal (Axios)
axios.com/2026/06/16/trump-ira
memeorandum.com/260616/p155#a2

@Techmeme@techhub.social
2026-07-18 21:10:57

Permit hurdles push up costs for AI data centers; Oracle pivoted from gas turbines to costlier fuel cells for its Project Jupiter in NM, costing billions more (Ann Davis Vaughan/The Information)
theinformation.com/articles/ex

@cyrevolt@mastodon.social
2026-07-17 10:31:21

Curious how this will develop.
I think Schwarz Digits is on a great course, business-wise.
My hope is now for interesting custom processors to develop as part of its expansion.
dw.com/en/germany-richest-man-

@bici@mastodon.social
2026-07-20 02:08:20

"#Spain manages to win a #WorldCup during FIFA’s cash-counting award show"
theglobeandmail.com/sports/soc

The costs of the war to the United States, estimated at $132 billion overall, are still being tallied as a 60-day period for further negotiations begins. Here is what we know.
About 3,500 Iranians have been killed in the war, according to an Iranian government agency. Israel says 26 Israelis have been killed. Thousands of people in both countries have been injured.
The U.S. military says 13 of its members have been killed.
Israel renewed attacks on Lebanon on March 18 as pa…

@metacurity@infosec.exchange
2026-04-27 14:12:02

In 2025, nearly 30% of people who reported losing money to a scam said that it started on social media, with reported losses reaching a staggering $2.1 billion.
New FTC Data Show People Have Lost Billions to Social Media Scams

@memeorandum@universeodon.com
2026-06-19 10:55:53

The Costs of the Iran War: Thousands of Lives and Billions of Dollars (New York Times)
nytimes.com/2026/06/19/us/poli
memeorandum.com/260619/p11#a26

@Techmeme@techhub.social
2026-07-19 17:30:34

Kalshi and Polymarket bets on the FIFA World Cup final top $5.69B; Dune Analytics says total wagers on the platforms surpassed $50B for the first time in June (Lauren McCarthy/New York Times)
nytimes.com/2026/07/18/busines

@jonippolito@digipres.club
2026-06-11 12:25:43

If AI accounts for only 20% of data center use, why is it the justification for nearly every new data center? I did the math and suspect Big Tech is using AI as a cover for unpopular uses like surveillance advertising.
blog.still-water.net/what-if-d

A chart showing a log-log scatter plot that shows big tech is spending far more on AI than it earns from it.  The x-axis shows annual data-center and compute spend in billions of dollars on a logarithmic scale from $25B to $300B. The y-axis shows AI revenue run-rate in billions of dollars on a logarithmic scale from $0.35B to $320B. Seven companies are plotted as purple dots. xAI sits at $31B spend and $0.5B revenue, the lowest revenue point. Oracle is at $60B spend and $12B revenue. OpenAI is …
@rainerzufall_le@mastodon.social
2026-07-15 14:12:36

"It is the triumph of the speculative sci-fi scenario over human solidarity: why fix the world we inhabit when we can spend billions preventing a robot uprising that exists only in the imagination? By trying to steer policy debates toward distant catastrophic scenarios [...] the industry diverts attention from regulating the systems already causing harm: algorithmic bias in hiring, facial recognition’s racial disparities, platform amplification of extremism."

@NFL@darktundra.xyz
2026-07-12 05:46:29

Seahawks to be sold for NFL-record $9.6 billion: Who bought the team, and why billions will go to charity

cbssports.com/nfl/news/seahawk

There is growing concern Donald Trump’s massive $10bn lawsuit against the Internal Revenue Service may soon be settled by his own administration
– an unprecedented, self-dealing maneuver for a US president,
in which billions of taxpayer dollars could be transferred to the president or his allies.
Trump may agree to drop his lawsuit in exchange for the launch of a $1.7bn fund to compensate people he says were wrongfully targeted by the Biden administration,
according t…

@Sustainable2050@mastodon.energy
2026-06-11 20:07:10

A climate risk of many hundreds of billions of pounds/euros in the London region alone. But climate action shouldn't cost too much.
theguardian.com/environment/20

@Techmeme@techhub.social
2026-07-17 19:46:02

Sources: OpenRouter has discussed a potential sale to a bigger tech company that could value it at billions of dollars, a premium to its $1.3B valuation in May (The Information)
theinformation.com/articles/st

@hex@kolektiva.social
2026-06-12 07:49:15

The "AI Industry" (to the degree that it exists) has burned billions of dollars with no real hope of recuperating that. Models offered by services, charging huge amounts for inference, don't really offer much, if anything, above open source models run locally. Many of the claims made by these companies, and their supporters, have turned out to be lies. It seems as though the whole thing is a huge grift.
Investments will likely never be recovered. We've already seen a bail out in the form of military contracts. We will see much more public money dumped in to these technologies. In fact, threatening workers and suppressing labor strength is so strategically valuable that I expect LLMs to just be publicly funded (by being folded into the military industrial complex).
On these grounds, it can be easy to reject the technology outright. After all, how can anything useful not be profitable?
Even for radicals, capitalism can cloud our lens. The fact is, the dominant technologies of our age tend to not be profitable. Or rather, they are "publicly funded, privately profitable" (/hums in propagandhi/). Just like oil.
Outside of Saudi Arabia, oil is mostly not profitable to get out of the ground. Even there, it had only historically been profitable because of massive global military investments. The oil-centric world we have today is largely built on, and kept in place by, massive government subsidies. Roads, street parking, and direct subsidies to oil companies are all massive investments that tie populations to the resource at the heart of the military industrial complex: oil.
Oil was strategically important, because you can't run a modern military without it. The fossil fuel economy doesn't exist because fossil fuels are so cheap, but because modern militaries are only really possible by militarizing the population.
Unprofitable things *are made profitable* to serve the strategic interests of authoritarian systems. Though we have better alternatives to most oil-based products, it would be hard to argue that oil is not a useful resource. We can acknowledge it's strategic importance while also recognizing that the elimination of oil is essential to the survival of humanity.
Returning to "AI," we're seeing the same type of thing but it's more obvious. After the crypto grift, this seems to just be another way to transfer money into the pockets of the rich.
But crypto wasn't exactly a grift. It had a strategic function to power. It wasn't what we were told it was. It didn't free us from central banks. It wasn't a new way to invest. It wasn't anonymous. But it did create a new way to bribe politicians. It did make it easier to funnel public money into the pockets of the far right.
"AI" can similarly be mostly a grift. It can fail to do most, or all, of the things it claims, and it can still fulfill strategic functions. If we dismiss it as "just another grift," I think we miss a lot. "Just a grift" isn't something sustainable. It is something that will die out. It's something we don't need to resist because it is self limiting. But a strategy is something different. A strategy is more complex. A strategy will be sustained, at any cost. A strategy must be actively resisted.

@memeorandum@universeodon.com
2026-05-19 21:35:49

Four of the World's Largest Container Manufacturing Companies and Seven of Their Executives Indicted for a Global Conspiracy Affecting Billions of Dollars of Commerce (US Department of Justice)
justice.gov/opa/pr/four-worlds
memeorandum.com/260519/p100#a2

@ErikJonker@mastodon.social
2026-06-12 11:29:20

The IPO of SpaceX including xAI is scary, because it is clear pure evil, in the form of extreme rightwing and racist Elon Musk is becoming more powerful then ever.
nytimes.com/2026/06/12/busines

@Dragofix@veganism.social
2026-06-17 17:46:12

‘Chemical cocktail’ of pharmaceuticals found in Djibouti coastal waters news.mongabay.com/short-articl

@MartinM@norden.social
2026-06-12 20:05:43

Trump gefällt die Vorstellung der USA als Kolonialmacht – „man würde ein Vermögen verdienen“. Venezuela bietet sich an; der Iran mag vielleicht etwas schwieriger zu erobern sein, aber die Mühe lohnt sich. Kuba dürfte kein Problem sein. Grönland? Lässt sich durch die neuen Stützpunkte leicht kolonisieren.

@Techmeme@techhub.social
2026-06-12 19:25:52

Staff memo: Meta plans to limit employee token usage and encourage employees to use MetaCode, after internal AI spending forecasts reached billions for 2026 (Jyoti Mann/The Information)
theinformation.com/articles/to

@memeorandum@universeodon.com
2026-06-15 16:55:38

Vance denies that Iran will receive "billions of dollars of assets" in deal (Kaia Hubbard/CBS News)
cbsnews.com/news/vance-iran-de
memeorandum.com/260615/p51#a26

@trezzer@social.linux.pizza
2026-06-11 17:46:33

Let me get this straight. Xbox leadership believes the way to winning back people with great exclusives is by firing the people who make them — the people whose expertise they already paid billions to acquire? Sure. Seems really smart! eurogamer.net/xbox-layoffs-bus

@primonatura@mstdn.social
2026-05-15 12:00:16

"Up to half the bird species using the African-Eurasian flyway are declining"
#Africa #Birds

@memeorandum@universeodon.com
2026-05-15 10:05:56

Trump says China will 'invest hundreds of billions' in US tech companies whose CEOs met with Xi (Victor Nava/New York Post)
nypost.com/2026/05/14/us-news/
memeorandum.com/260515/p4#a260

@marjolica@social.linux.pizza
2026-07-12 11:22:06

"UK’s public spending watchdog to investigate Lower Thames Crossing project"
Well, along with HS2 and every GenAI data-centre this is another white elephant where the loss to GDP and cost to government finances would not be missed.
"Ministers committed this month to plough ahead with the controversial and long-delayed project, after it was spared from billions of pounds in cuts to infrastructure projects earmarked by Keir Starmer to help make way for a £15bn increa…

Trump threatened Canada with additional tariffs over wildfire smoke:
“This is Willful Negligence, and becoming a yearly occurrence,
costing the United States Billions of Dollars, which cost of this pollution must of necessity be added to the TARIFFS Canada is currently paying.”
Trump’s rhetoric was presaged by Sen. Bernie Moreno (R-Ohio) introducing a bill to sanction Canadian officials found “responsible” for the fires,
revoke their visas and express a sense of Cong…

@colinpurrington@flipping.rocks
2026-06-07 16:07:17

We also need bird organizations to come out against bug zappers. Because when billions of insects are electrocuted there's less food available. And you could use an illustration of begging chicks in a nest near a glowing bug zapper surrounded by moths (make the parent birds emaciated and worried). That graphic would go viral. #birds #insects #birding

@aral@mastodon.ar.al
2026-06-30 16:27:52

It’s ok, it’s not like we’re all going to die or anything (only billions, not everyone). @… slrpnk.net/post/39707961

@Techmeme@techhub.social
2026-06-17 01:11:54

Sources: Amazon faces a possible FTC lawsuit alleging it misled advertisers; multiple state AGs are involved and the case could seek billions in civil penalties (Bloomberg)
bloomberg.com/news/articles/20

@hynek@mastodon.social
2026-06-06 07:46:19

how did we end up in the situation where bankers are the reasonable people in the room
arstechnica.com/tech-policy/20

@stefan@gardenstate.social
2026-06-08 01:59:58

Oh this seems like good news but might pop the bubble?
S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic
arstechnica.com/tech-policy/20

@lpryszcz@genomic.social
2026-05-09 05:59:31

"The fallout was severe. Cisco announced a $2.2 billion inventory write-down and laid off 8,500 employees... Investors lost hundreds of billions in market value. Pension and mutual funds ... were hit hard...
Years of litigation followed, with little real consequence or remedy. ... half a million telecom jobs disappearing between 2001 and 2002.
Yet bubbles rarely leave only destruction. While financial capital was destroyed, fixed infrastructure remained."

@penguin42@mastodon.org.uk
2026-07-08 13:27:01

AI vs cats: An AI image generation takes about 0.1-1Wh, so on gas is under 0.4g CO2 emission.
Keeping a cat causes emissions of about 310kg of CO2 a year, i.e. about 1kg/day. So under 30 seconds of cat gets you one AI image.
Cats also kill billions of birds.
I'm not suggesting getting rid of cats, but please consider that lot before threatening people for the use of AI.
(Gas emission

@memeorandum@universeodon.com
2026-07-21 23:50:53

White House to Redirect Billions in Research Funds Toward AI, Away From Colleges (Amrith Ramkumar/Wall Street Journal)
wsj.com/politics/policy/white-
memeorandum.com/260721/p164#a2

@servelan@newsie.social
2026-05-27 15:35:58

Trump Board of Peace's official Gaza fund is empty despite billions pledged, source says - France 24
france24.com/en/middle-east/20

@Techmeme@techhub.social
2026-05-12 13:35:59

OpenAI stands to hold ~$2.6B in combined CoreWeave and Cerebras stock that it acquired by committing to buy cloud services and chips, and to lend Cerebras money (Cory Weinberg/The Information)
theinformation.com/articles/op

@Mediagazer@mstdn.social
2026-05-11 17:45:33

Peacock launches two unscripted microdramas made by Bravo, the first time that a major US streaming platform has added microdramas (Amanda Silberling/TechCrunch)
techcrunch.com/2026/05/11/brav

It was a plan House G.O.P. leaders hoped would satisfy everyone in their party:
With a special budget bill, they would bypass Democratic opposition and provide tens of billions for the Iran war while imposing new election restrictions Trump has demanded.
Instead, a day after the leaders released the plan, which hews closely to a spending request the White House sent to Capitol Hill last month,
it became clear it is a product that no one really likes.
The measure, whic…

@primonatura@mstdn.social
2026-06-12 14:00:20

"World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds"
#Banks #Finance #Money

@Techmeme@techhub.social
2026-06-05 04:36:06

Sources: data center developer Switch is in talks to raise billions of dollars from PE firms including Brookfield and KKR at a $50B valuation (The Information)
theinformation.com/articles/da

@ErikUden@mastodon.de
2026-06-03 21:19:12

with the history of the universe it's always like “yeah, this happened nanoseconds after the big bang” or “yeah, this happened billions of years later” and nothing inbetween

@servelan@newsie.social
2026-06-05 20:14:17

"Over half of corporate ballroom donors – 14 out of 27 – have received new or increased government contracts over the last 6 months totaling over $50 billion. Altogether, over two-thirds of corporate ballroom donors – 19 out of 27 – received government contracts over the last 5 ½ years totaling $338 billion."
BALLROOM BILLIONS - Public Citizen
citizen.org/article/ballroom-b

@Techmeme@techhub.social
2026-07-17 19:10:56

Sources: SpaceX is in talks with the DOD about providing the agency with access to data-center capacity worth billions of dollars for running AI models (Wall Street Journal)
wsj.com/tech/ai/spacex-in-talk

@lpryszcz@genomic.social
2026-07-09 17:14:56

Peaceful takeover of Greenland's oil in the making...
"We need a deal. Greenland needs a deal. We could be – Greenland could be – exporting 2m barrels of oil a day right now.
...
The dispute threatens a showdown between the Trump-linked backers of Greenland Energy and the authorities in the vast, sparsely populated territory. Trump’s lieutenants are using the prospect of an American oil find in Greenland to bolster their case for an American takeover."

@memeorandum@universeodon.com
2026-05-14 16:20:48

White House cuts $1.3 billion in Medicaid payments to California (Robert King/Politico)
politico.com/news/2026/05/13/w
memeorandum.com/260514/p57#a26

@paulwermer@sfba.social
2026-07-08 16:37:41

I remember discussions about US subsidies for CCS as far back as 2003 - accompanied by promises that this was THE SOLUTION. The technology for carbon capture is much older. And it still is not "mature" as a means of addressing #ClimateChange. Why do governments keep wasting money on this? None of the projects have delivered as promised.
The great carbon capture con: behold t…

@PaulWermer@sfba.social
2026-07-08 16:37:41

I remember discussions about US subsidies for CCS as far back as 2003 - accompanied by promises that this was THE SOLUTION. The technology for carbon capture is much older. And it still is not "mature" as a means of addressing #ClimateChange. Why do governments keep wasting money on this? None of the projects have delivered as promised.
The great carbon capture con: behold t…

@Mediagazer@mstdn.social
2026-06-11 19:05:49

The Washington Post faces a proposed class action lawsuit that claims the company covertly used surveillance pricing to charge loyal subscribers higher rates (Sarah Rumpf/Mediaite)

@primonatura@mstdn.social
2026-05-25 12:00:24

"Prescribed Burns and Forest Thinning Averted Millions of Tons of Emissions and Billions in Damages"
#Environment #Nature #Emissions

Trump, of course, has claimed to be on the verge of a peace deal dozens of times before,
only to back away when he realizes that ending the war inevitably means admitting the US lost.
It’s notable that the administration has been very leery of revealing the actual details of the agreement to the public.
But it appears to involve the United Arab Emirates unlocking billions
of dollars in frozen Iranian assets, which is especially humiliating since Republicans have rag…

@Mediagazer@mstdn.social
2026-06-10 06:25:41

A study of 600M article visits to a major US metro newspaper site from Jan. 2020 to Dec. 2023 finds hard news stories are most likely to drive subscriptions (Joshua Benton/Nieman Lab)
niemanlab.org/2026/06/what-ki…

@servelan@newsie.social
2026-06-06 23:49:41

👍 Judge Blocks Trump Administration From Holding Billions in Food Aid Funds 'Hostage to Its Political Agenda' | Common Dreams
commondreams.org/news/trump-sn

@Techmeme@techhub.social
2026-07-15 01:45:55

Monitoring Analytics: PJM's recent electricity auction is expected to add $6.3B to customers' bills in 13 states and DC through 2029 due to data center demands (Ivan Penn/New York Times)
nytimes.com/2026/07/14/busines

@Mediagazer@mstdn.social
2026-06-10 08:20:44

The EU is reviewing Paramount's WBD takeover under the Foreign Subsidies Regulation, probing involvement of Middle Eastern funds; a decision is due by July 14 (Samuel Stolton/Bloomberg)
bloomberg.com/news/articles/20

@memeorandum@universeodon.com
2026-05-14 16:55:51

Trump's Plot to Pocket Billions in Taxpayer Dollars Just Might Succeed (Timothy Noah/New Republic)
newrepublic.com/article/210408
memeorandum.com/260514/p66#a26

@primonatura@mstdn.social
2026-07-09 15:00:24

"Four states just made it easier to build wildlife crossings. The bipartisan effort is being called a 'blueprint'"
#US #USA #America

@Techmeme@techhub.social
2026-05-14 17:02:59

Sources: OpenAI is weighing legal action against Apple after expectations that ChatGPT's Siri integration would generate billions in revenue fell short (Mark Gurman/Bloomberg)
bloomberg.com/news/articles/20

@memeorandum@universeodon.com
2026-06-09 12:15:46

World's largest banks pledged $906bn to fossil fuel companies in 'unfathomable' increase in 2025, report finds (Oliver Milman/The Guardian)
theguardian.com/environment/20
memeorandum.com/260609/p16#a26

The world’s largest banks
committed💥 $906 billion
in financing to the fossil fuel industry last year,
-- an “unfathomable” increase in investment
locking in years more of #coal, #oil and #gas production
as the world …

@Techmeme@techhub.social
2026-07-14 10:02:07

A look at AI world models, including how they work, what they can do, and what's still unsettled, as startups led by tech leaders like Yann LeCun raise billions (Samuel Axon/Ars Technica)
arstechnica.com/ai/2026/07/sim

@Techmeme@techhub.social
2026-07-15 04:40:54

Daniel Ek's Neko Health, which offers AI-based full-body scans, raised $700M co-led by Lightspeed and O.G. Venture Partners, sources say at a ~$7B valuation (Bernhard Warner/New York Times)
nytimes.com/2026/07/15/busines

As cities and states sue big oil for billions in damages
over allegations that it covered up the dangers of its products,
rightwing organizations are attempting to discredit the wave of litigation.
They claim the lawyers behind it are teaming up with an environmentally focused legal education non-profit to bias federal judges against oil companies.
But it is actually fossil fuel-backed organizations that are attempting to sway the judiciary in their favor,
one …

@Techmeme@techhub.social
2026-05-14 23:30:53

California Gov. Gavin Newsom proposes a new 7.25% tax on web-based software sales, targeting $1.1B in state and local tax revenue in the upcoming budget year (Bloomberg)
bloomberg.com/news/articles/20

@memeorandum@universeodon.com
2026-06-13 22:51:01

'Have you ever been around someone you just know is evil?' Melinda French Gates on meeting Jeffrey Epstein, giving away billions, and her post-divorce peace (Sophie McBain/The Guardian)
theguardian.com/society/2026/j
memeorandum.com/260613/p44#a26

@Techmeme@techhub.social
2026-06-14 22:55:36

A profile of Kalshi COO Luana Lopes Lara, who has overseen a tremendous pace of growth over the past year as the company faces political and regulatory backlash (Emily Nicolle/Bloomberg)
bloomberg.com/news/features/20

@memeorandum@universeodon.com
2026-06-25 15:05:46

Iran Plans to Make Billions in Fees From Reopening the Strait of Hormuz (Wall Street Journal)
wsj.com/world/middle-east/iran
memeorandum.com/260625/p48#a26

SpaceX has requested unusually swift entry into several leading stock market indexes as a condition of its historic stock market debut.
But the S&P 500 stock market index representing many of the largest profitable US companies
has surprised market analysts by refusing to bend the rules for Elon Musk’s space and AI company.
The June 4 decision by S&P Dow Jones Indices—the company that creates and manages stock market indexes such as the S&P 500—means that Space…

@memeorandum@universeodon.com
2026-06-09 23:35:46

Billionaires' Billions Are Increasing Faster Than Ever (Patricia Cohen/New York Times)
nytimes.com/2026/06/09/busines
memeorandum.com/260609/p116#a2

@Techmeme@techhub.social
2026-05-11 04:10:36

Nvidia embraces its role as an AI investor in 2026, committing $40B to equity investments including a $30B stake in OpenAI, $3.2B in Corning, and $2.1B in IREN (CNBC)
cnbc.com/2026/05/09/nvidia-emb

The Trump business behind
"Truth Social" is replacing a former congressman and big supporter of the U.S. president as the leader of the social media platform after a stock collapse that wiped out billions in investor wealth.
Devin Nunes,
a former California congressmen in Donald Trump’s first term,
is being replaced "temporarily" by digital media executive
Kevin McGurn as chief executive officer.
The company, Trump Media & Technology…

The image features two sections: on the left, Devin Nunes with a neutral expression, 
and on the right, a playful-looking cow in a green pasture surrounded by other cows under a cloudy sky.
@Techmeme@techhub.social
2026-06-10 13:02:33

Sources: Saudi Arabia's PIF and the Kuwait Investment Authority have placed share orders between $1B and $5B each for the SpaceX IPO (Dinesh Nair/Bloomberg)
bloomberg.com/news/articles/20

@Techmeme@techhub.social
2026-07-07 15:05:56

Keyfactor, which manages billions of machine identities for more than 2,500 client organizations, raised $1B led by Summit Partners (Mike Lennon/SecurityWeek)
securityweek.com/keyfactor-sco

@Techmeme@techhub.social
2026-07-09 20:45:53

Federal Reserve Chair Kevin Warsh names Marc Andreessen and Xbox CEO Asha Sharma to lead a task force on the economic impact of new technologies, including AI (Andrew Ackerman/Washington Post)
washingtonpost.com/business/20

@Techmeme@techhub.social
2026-07-08 06:37:00

A look at effective altruism's fall after SBF's arrest and how the soon-to-be rich from upcoming AI IPOs give the movement a chance to return larger than ever (Andrew Fedorov/New York Magazine)
nymag.com/intelligencer/articl

@Techmeme@techhub.social
2026-05-07 22:25:54

CoreWeave reports Q1 revenue up 112% YoY to $2.08B, vs. $1.97B est., a $99.4B revenue backlog, forecasts Q2 revenue below estimates; CRWV drops 8% after hours (Jordan Novet/CNBC)
cnbc.com/2026/05/07/coreweave-

@Techmeme@techhub.social
2026-06-05 18:27:44

Sources: Meta is exploring a stock offering to raise tens of billions of dollars to fund AI capital expenditures, following Google's record $85B share deal (Financial Times)
ft.com/content/e6df645d-1709-4

@Techmeme@techhub.social
2026-05-05 10:40:45

Source: YC owns ~0.6% of OpenAI, which was seeded by a YC offshoot called YC Research in 2016; at OpenAI's current $852B valuation, the stake is worth $5B (John Gruber/Daring Fireball)
daringfireball.net/2026/05/y_c

@Techmeme@techhub.social
2026-07-03 22:20:47

A look at the quant fund frenzy in China, as assets under management have more than doubled to ~$384B in less than a year amid rapid AI adoption (Bloomberg)
bloomberg.com/news/articles/20

@Techmeme@techhub.social
2026-06-03 06:06:10

UnearthInsight: Indian IT companies have spent $7.1B on acquisitions since the start of 2025 to gain clients, as AI-led pricing pressure weakens organic growth (Shristi Achar/The Economic Times)
economictimes.indiatimes.com/t…

@Techmeme@techhub.social
2026-07-03 01:10:45

Sources: Anthropic's bankers have hired UK law firm Freshfields to advise on its IPO; it also advised on Google's acquisition of Wiz and ServiceNow's Armis deal (The Information)
theinformation.com/articles/fr