Tootfinder

Foxconn reports Q2 net operating profit up 27% YoY to ~$1.9B, beating estimates, on $59.73B revenue, on the strength of its growing AI server business (Dylan Butts/CNBC)
https://www.cnbc.com/2025/08/14/ai-demand-

AI demand boosts iPhone maker Foxconn's second-quarter profit by 27%, beating forecasts
Foxconn reported a second-quarter operating profit beat on strength of its growing artificial intelligence server business.

« Le Grand Détournement » ou comment la politique de l’offre détourne l’argent public au profit des plus riches
https://www.lemonde.fr/idees/article/2025/09/12/comment-la-politique-de-l-offre-…

Comment la « politique de l’offre » détourne l’argent public au profit des plus riches
Dans « Le Grand Détournement », les journalistes Matthieu Aron et Caroline Michel-Aguirre décryptent comment, chaque année, environ 270 milliards d’euros sont transférés vers les plus fortunés et les entreprises.

The Trump family has raked in an astonishing $3.4 billion over his two presidencies, new report claims (Katie Hawkinson/The Independent)
https://www.the-independent.com/news/world/americas/us-politics/trump-family-profit-cryptocurrency-billions-b2806493.html
http://www.memeorandum.com/250813/p39#a250813p39

'Self-Enrichment': JD Vance Stands to Profit From Trump Military Contracts, Crypto Reserve | Common Dreams
https://www.commondreams.org/news/self-enrichment-jd-vance-stands-to-profit-from-trump-military-contracts-crypto-reserve

Larry Ellison aims to do good, research, and profit through his Ellison Institute of Technology, focusing on global issues like climate change and disease cures. #climatechange #climatesolutions #climate

Larry Ellison Wants to Do Good, Do Research and Make a Profit
Oracle’s co-founder and the world’s second-richest person pledges to concentrate his vast resources on his own research institute and for-profit ventures to address health, hunger and climate change.

Lenovo reports Q1 revenue up 22% YoY to $18.8B, vs. $17.4B est., and net profit surged 108% YoY to $505M, vs. $307.7M est., despite challenges from US tariffs (Reuters)
https://www.reuters.com/world/china/chinese-pc-maker-lenovo-q1-prof…

»Webseiten – Reddit sperrt das Internet Archive aus:
Die Snapshots des Internet Archives werden wohl für KIs genutzt. User sollen geschützt werden. Dabei verkauft Reddit diese bereits«
Ein Argument mehr um Reddit nicht mehr zu nutzen. Erst stolz KI einsetzen und nun wegen @… sperren, nicht für den Userschutz - für ihren Profit. Es …

Webseiten: Reddit sperrt das Internet Archive aus - Golem.de
Die Snapshots des Internet Archives werden wohl für KIs genutzt. User sollen geschützt werden. Dabei verkauft Reddit diese bereits.

I'm frequently despondent when I see organizations remove or hide once public Internet operational status and trending data.
At one time, lots of networks used to publish a variety of status and traffic summaries. The non-profit Internet2 for example was exemplary in this regard. Cloudflare, a commercial organization, now provides far more public benefit data than they do.
A big loss earlier this year was the once public Equinix network status page -

Introducing Equinix Status | Equinix Community - 519
Starting today you can check the status of your network products on the new Equinix Status page.  - 519

Ask TUI to Stop Supporting Orca Abuse #AnimalRights

Please ask TUI UK to stop supporting orca abuse
TUI UK continues to sell tickets to SeaWorld, despite being fully aware of the company's cruel treatment of animals for profit.

Some people say we've not learned from the mistakes of the Nazi era. Unfortunately I think people did learn. But not the thinks we hoped they've learned to turn things for the better for the majority of people.
Instead they learned that if you're complicit with the dictator you will benefit from it. And after the violent removes of the dictator you'll get away with it and continue to profit. Just like we saw with the likes of Degussa, Bertelsmann, Volkswagen and all the…

Inside job
When an account gets hacked, social media giant Meta offers little support, spawning a shadowy network of brokers and Meta employees who profit from helping users get back online
https://www.theglobeandmail.com/canada/art

Allianz gegen Umstrukturierung von OpenAI
Es formiert sich Widerstand. Philanthropen, Arbeitnehmerverbände und Staatsanwaltschaften wollen, dass OpenAI Non-Profit bleibt.
https://www.heise.de/news/Al…

How Larry Ellison is focusing his philanthropic efforts on the Ellison Institute of Technology, an Oxford-based, for-profit entity set to spend £1B by 2027 (New York Times)
https://www.nytimes.com/2025/08/12/business/larry-ellison-oracle-philanthropy.html…

Larry Ellison Wants to Do Good, Do Research and Make a Profit
Oracle’s co-founder and the world’s second-richest person pledges to concentrate his vast resources on his own research institute and for-profit ventures to address health, hunger and climate change.

Tencent Music reports Q2 revenue up 17.9% YoY to $1.18B, music services revenue up 26.4% YoY to $957M, and music subscription revenue up 17.1% YoY to $611M (Naman Ramachandran/Variety)
https://variety.com/2025/music/news/tencent-music-q2-revenue-2025-1236487221/…

Tencent Music Posts $1.18 Billion Q2 Revenue as Profit Rises 43%
China's Tencent Music Entertainment Group reported second-quarter 2025 revenue of $1.18 billion, up 17.9% year-over-year.

Gelernt: Nach Greenwashing gibt es jetzt auch Privacy-Washing.
Die Good News Gruppe will angeblich Gutes tun.
"We are now making a bold move by declaring our web search will be 100% ad-free and independent of Big Tech."
Scheinbar eine Lüge, meint @…
https://
fedifreu.de/@chpietsch/1150106
37790766266

Principles for Environmental Justice in Technology: Toward a Regenerative Future
Sanjana Paul
https://arxiv.org/abs/2508.09007 https://arxiv.org/pdf/2508.0…

Principles for Environmental Justice in Technology: Toward a Regenerative Future
This paper introduces the Environmental Justice in Technology (EJIT) Principles, a framework to help reorient technological development toward social and ecological justice and collective flourishing. In response to prevailing models of technological innovation that prioritize speed, scale, and profit while neglecting systemic injustice, the EJIT principles offer an alternative: a set of guiding values that foreground interdependence, repair, and community self-determination. Drawing inspiratio…

Energy Management for Renewable-Colocated Artificial Intelligence Data Centers
Siying Li, Lang Tong, Timothy D. Mount
https://arxiv.org/abs/2507.08011 http…

Energy Management for Renewable-Colocated Artificial Intelligence Data Centers
We develop an energy management system (EMS) for artificial intelligence (AI) data centers with colocated renewable generation. Under a profit-maximizing framework, the EMS of renewable-colocated data center (RCDC) co-optimizes AI workload scheduling, on-site renewable utilization, and electricity market participation. Within both wholesale and retail market participation models, the economic benefit of the RCDC operation is maximized. Empirical evaluations using real-world traces of electricit…

AGI is “not a super useful term”? But IIRC, as defined by OpenAI, they’ll hit AGI when they generate $100 billion in profit. So, how’s that coming along? Not so great, huh?
https://www.cnbc.com/2025/08/11/sam-altman-says-agi-is-a-pointless-term-expe…

AGI is “not a super useful term”? But IIRC, as defined by OpenAI, they’ll hit AGI when they generate $100 billion in profit. So, how’s that coming along? Not so great, huh?
https://www.cnbc.com/2025/08/11/sam-altman-says-agi-is-a-pointless-term-expe…

AGI is “not a super useful term”? But IIRC, as defined by OpenAI, they’ll hit AGI when they generate $100 billion in profit. So, how’s that coming along? Not so great, huh?
https://www.cnbc.com/2025/08/11/sam-altman-says-agi-is-a-pointless-term-expe…

As a survivor of the type of stochastic terrorism that people like Charlie Kirk carry out, and also a survivor of gun violence, I've had a bit to think about.
I still understand the anger, the frustration, that leads someone to snap. I'll always have compassion, if also paired with some frustration, for the person who shot me and her husband. That makes sense to me. I refused to testify because it never made sense to punish a tool who acted out of ignorance.
What doesn't make as much sense to me are the upper class grifters, the stochastic terrorists, who turn a profit of off setting people like that up to kill. I always wanted to see people like that, people who were clearly profiting off of bringing evil into the world, held accountable.
But the way I always want to see them held accountable, is by being forced to live in a world where everyone is free. Charlie Kirk got out easy, and that is a bit sad. He should have had to suffer through our victory. He should have had to watch the fall of Western Civilization, the collapse of all the things he held dear, all the things he tried to uphold. I wish that he had lived long enough to understand the suffering he inflicted on the world. He should have lived long enough to have to do real work, to have to figure out how to feed himself, house himself, in a world that has no market for the hate that he brings.
As much as I had rather that he starved, I would never shed a tear for the opening of a new public urinal.
Rest in piss. Charlie Kirk.

Russia’s Rosneft profit plunges 68% in first half of 2025 amid sanctions, high rates and tariff pressures: https://benborges.xyz/2025/08/30/russias-rosneft-profit-plunges-in.html

Sources: World Liberty Financial's partnership with Binance-run PancakeSwap is helping boost demand for USD1, generating profit for Trump, as CZ seeks a pardon (Wall Street Journal)
https://www.wsj.com/finance/currencies/tru

"Kapital hat einen Horror vor Abwesenheit von Profit... Mit entsprechendem Profit wird Kapital kühn. Zehn Prozent sicher, und man kann es überall anwenden; 20 Prozent, es wird lebhaft; 50 Prozent, postiv waghalsig; für 100 Prozent stampft es alle menschlichen Gesetze unter seinen Fuß; 300 Prozent, und es existiert kein Verbrechen, das es nicht riskiert, selbst auf Gefahr des Galgens."
#gutenmorgentroet

Arbitrage on Decentralized Exchanges
Xue Dong He, Chen Yang, Yutian Zhou
https://arxiv.org/abs/2507.08302 https://arxiv.org/pdf/2507.…

Arbitrage on Decentralized Exchanges
Decentralized exchanges (DEXs) are alternative venues to centralized exchanges (CEXs) for trading cryptocurrencies and have become increasingly popular. An arbitrage opportunity arises when the exchange rate of two cryptocurrencies in a DEX differs from that in a CEX. Arbitrageurs can then trade on the DEX and CEX to make a profit. Trading on the DEX incurs a gas fee, which determines the priority of the trade being executed. We study a gas-fee competition game between two arbitrageurs who maxi…

Tencent reports Q2 revenue up 15% YoY to ~$25.7B, vs. ~$24.8B est., gaming revenue up 17% YoY to ~$5.6B, global revenue up 35% YoY to ~$2.6B, a $7.7B net profit (Reuters)
https://www.reuters.com/world/china/chinas-tencent-…

"Revealed: How the Meat Industry Uses Environmental Groups to Make Beef Seem Climate-Friendly"
#Food #Climate #ClimateChange

Revealed: How the Meat Industry Uses Environmental Groups to Make Beef Seem Climate-Friendly
Expert says non-profit partners provide a ‘fairy dust’ of legitimacy to beef industry.

Disney reports Q3 revenue up 2% YoY to $23.7B, operating income up 8% YoY to $4.6B, streaming revenue of $6.2B, profit of $346M; Disney and Hulu hit 183M subs (Jill Goldsmith/Deadline)
https://deadline.com/2025/08/disney-earnings-espn-s…

Disney Sees Theme Park & Streaming Profit, Studio Red Ink In FYQ2 Amid Flurry Of ESPN News
Disney theme parks beat Wall Street forecasts and streaming profit jumped in the June quarter, vying with red ink at the film studio and amid lots of sports news.

Newly released court documents show power utility DTE Energy knowingly contributed $100,000 to a dark money non-profit that helped sabotage Michigangovernor Gretchen Whitmer’s Covid lockdown policies.
The documents contradict previous DTE statements that claimed the utility was not involved with the donation.

Protest the Weapons Industry Gala night of the year
5:00pm Thursday July 10
National Convention Centre
27 Constitution Ave, Canberra
https://www.greenleft.org.au/content/protest-weapons-industry-gala-night-year

Protest the Weapons Industry Gala night of the year
War and genocide are good for business. That’s what the Defence Industry Awards 2025 are celebrating: war, death, destruction —and how best to profit from them. Join us to protest genocide and the war profiteers. And let’s tell the Albanese government to end two-way arms trade with Israel, dump AUKUS, impose full sanctions and close US bases in Australia. The Australian government and defence industries MUST • STOP ARMING ISRAEL • Stop the two-way arms trade with Israel • FULL sanct…

@… Yup. Only makes profit if it’s porn.

[CfP due 15 July] Providence, Propaganda, and Profit in the Early Modern English World (4–6 September) https://call-for-papers.sas.upenn.edu/cfp/2025/07/02/cfp-due-15-july-providence-propaganda-and-profit-in-…

Even if “AI” worked (it doesn’t), there’s many reasons why you shouldn’t use it:
1. It’s destroying Internet sites that you love as you use chat bots instead of actually going to sources of information—this will cause them to be less active and eventually shut down.
2. Pollution and water use from server farms cause immediate harm; often—just like other heavy industry—these are built in underprivileged communities and harming poor people. Without any benefits as the big tech companies get tax breaks and don’t pay for power, while workers aren’t from the community but commute in.
3. The basic underlying models of any LLM rely on stolen data, even when specific extra data is obtained legally. Chatbots can’t learn to speak English just by reading open source code.
4. You’re fueling a speculation bubble that is costing many people their jobs—because the illusion of “efficiency” is kept up by firing people and counting that as profit.
5. Whenever you use the great cheat machine in the cloud you’re robbing yourself from doing real research, writing or coding—literally atrophying your brain and making you stupider.
It’s a grift, through and through.

Fair sharing ratios of Profit and Loss sharing contracts
Abass Sagna
https://arxiv.org/abs/2507.01995 https://arxiv.org/pdf/2507.0199…

Fair sharing ratios of Profit and Loss sharing contracts
We consider islamic Profit and Loss (PL) sharing contract, possibly combined with an agency contract, and introduce the notion of {\em $c$-fair} profit sharing ratios ($c = (c_1, \ldots,c_d) \in (\mathbb R^{\star})^d$, where $d$ is the number of partners) which aims to determining both the profit sharing ratios and the induced expected maturity payoffs of each partner $\ell$ according to its contribution, determined by the rate component $c_{\ell}$ of the vector $c$, to the global success of th…

Dominating Set Knapsack: Profit Optimization on Dominating Sets
Sipra Singh
https://arxiv.org/abs/2506.24032 https://arxiv.org/pdf/25…

Dominating Set Knapsack: Profit Optimization on Dominating Sets
In a large-scale network, we want to choose some influential nodes to make a profit by paying some cost within a limited budget so that we do not have to spend more budget on some nodes adjacent to the chosen nodes; our problem is the graph-theoretic representation of it. We define our problem Dominating Set Knapsack by attaching Knapsack Problem with Dominating Set on graphs. Each vertex is associated with a cost factor and a profit amount. We aim to choose some vertices within a fixed budget …

Ha good luck with that https://geeknews.chat/@theregister/114813445350914205

Microsoft Backs Up A.I. Spending With $27.2 Billion Quarterly Profit: The company’s results are likely to ease investors’ worries that big investments in artificial intelligence aren’t paying off - NYTimes
https://www.nytimes.com/2025/07/30/technology/mic…

Microsoft Backs Up A.I. Spending With $27.2 Billion Quarterly Profit
The company’s results are likely to ease investors’ worries that big investments in artificial intelligence aren’t paying off.

Three houses on my block are for sale and not moving. Nextdoor magats moved out nearly a year ago. They're trying to make a 70% profit after 4 years. Not happening.

Je viens de lire l'article sur le fascisme de la fin des temps de Naomi Klein et Astra Taylor. C'est absolument flippant, glaçant. Je vous invite Š le lire, si toutefois vous avez le cœur bien accroché. Pour les autres qui l'ont déjŠ lu, vous en pensez quoi?
via @…

IPv4 prices seem to have come down recently. But it is still much better than when I sold a /16 I sold a few years back.
I still can't believe that the Interop company - a for-profit corporation - simply gave away a /8. I don't think the officers/directors knew the value of the asset they gave away.
I've been prediction that the net will fragment into distinct IP address spaces - many full 32-bit IPv4 and many full 128-bit IPv6 spaces connected by application level …

One of the reasons I appreciate walking, biking, and public transit so much (aside from just being a more joyful/connected way to travel, and better for our environment) is because they starve so many absolutely awful billionaires/corporations/oligarchs of profit. Oil companies, car manufacturers, large chain stores..
https://

DraftKings NFL parlay, odds for Friday, August 8: Expert reveals DK parlay with 6-1 payout

https://www.cbssports.com/betting/news/draftkin…

Exact renormalisation for patch frequencies in inflation systems
Jan Maz\'a\v{c}
https://arxiv.org/abs/2507.07753 https://arxiv.o…

Exact renormalisation for patch frequencies in inflation systems
This note provides an explicit way of calculating the patch frequencies in geometric realisations of primitive substitutions using exact renormalisation relations. Further, we profit from these results to obtain the patch frequencies in the symbolic case as well as in other suspensions (under mild assumptions on the substitution). We illustrate this procedure on the Fibonacci example.

MIT says AI isn’t replacing you… it’s just wasting your boss’s money
https://www.interviewquery.com/p/mit-ai-isnt-replacing-workers-just-wasting-money

"We further estimate that the removal of mandates during this time contributed to 21800 COVID deaths through the rest of 2022, 9% of the U.S. total that year. "
https://www.nber.org/papers/w33849

Spillovers from Public Health Policies in Schools: Evidence from COVID Mask Mandates
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

DSPE: Profit Maximization in Edge-Cloud Storage System using Dynamic Space Partitioning with Erasure Code
Shubhradeep Roy, Suvarthi Sarkar, Vivek Verma, Aryabartta Sahu
https://arxiv.org/abs/2507.22801

DSPE: Profit Maximization in Edge-Cloud Storage System using Dynamic Space Partitioning with Erasure Code
Edge Storage Systems have emerged as a critical enabler of low latency data access in modern cloud networks by bringing storage and computation closer to end users. However, the limited storage capacity of edge servers poses significant challenges in handling high volume and latency sensitive data access requests, particularly under dynamic workloads. In this work, we propose a profit driven framework that integrates three key mechanisms which are collaborative caching, erasure coding, and elas…

A look at Radio Times parent company Immediate Media, which had adjusted profit of ~£36M in 2024 and 745K digital subscribers, out of 1.3M total subscribers (Dominic Ponsford/Press Gazette)
https://pressgazette.co.uk/news-leader

Podcasts, paywalls and Apple News fuel growing profitability at Immediate Media
Immediate Media CEO Sean Cornwell on why AI adoption is now a key performance metric for staff and new digital revenue streams.

Whenever someone calls it “unfair” to expropriate and reimburse the wealth made through now frowned upon horrors, such as the holocaust, slavery, or colonialism, because the people who inherited that wealth today aren't responsible for the actions of their ancestors, ask them the following:
Do you think it's fair to expropriate the modern day private prison owners, corporations who engage in neocolonialism or companies that profit off of the illegal occupation of the West Bank …

Russia’s Lukoil profit drops by half in the first six months of 2025 amid sanctions, export curbs and weaker prices: https://benborges.xyz/2025/08/30/russias-lukoil-profit-drops-by.html

@… Isn't this true of any measure used to judge the performance of managers? We regularly see scandals of colleges juicing up their USN&WR rankings, DEI managers faking their hiring records, etc etc.
From a market socialist perspective, the problem with capitalism is not profit as a motivator, it's giving the owner the profits. That excessive…

Kingston Community Energy (2012) - Creating non-for-profit community (solar PV) energy schemes was undermined by whiplash changes in government support. #community #microgen -

Kingston Community Energy (2012)
Creating non-for-profit community (solar PV) energy schemes was undermined by whiplash changes in government support. #community #microgen

Samsung reports Q1 revenue up 0.7% YoY to $53.7B, vs. $53.6B est., operating profit down 55% YoY to $3.4B, vs. $3.8B est., with chips operating profit down ~94% (Dylan Butts/CNBC)
https://www.cnbc.com/2025/07/31/samsung-second-quarter-profit-hal…

Samsung second-quarter profit more than halves, missing expectations, weighed by slump in chip business
Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.

Great reframing by Malcolm Harris at 52:50 here: When a capitalist says they need more profit to invest in something socially beneficial like housing, that profit is a fee they collect from the public, and a blockage that exists *because* there's a capitalist class that controls the money we need. That's really insightful and I'd never thought of it that way.

Had my talk on Small Web accepted at #why2025 but I hadn’t realised (my bad) that not only do you have to cover your own travel and accommodation but you also have to buy a ticket to speak. I’m sorry, as part of a tiny two-person not-for-profit working for the common good, I can’t afford to pay to speak at events. I’m not Deloitte. So I sadly had to withdraw my talk.
If any conferences do w…

Microsofts "Secure Future Initiative"? Eher "Secure Future Fassade". Nach dem Sharepoint-Fiasko und der Cloud-Abzocke zeigt Jürgen Schmidt bei heise: Sicherheit bei Microsoft ist oft ein Lippenbekenntnis, solange der Profit stimmt. Sharepoint spielt Risiko-Limbo, und Billig-Admins aus China sorgen für das i-Tüpfelchen. Sicher ist anders! – Sicherheit ist mehr als Marketingparolen. - Microsofts Secure Future Initiative: "Bullshit!"

Green Metrics Tool: Measuring for fun and profit
Geerd-Dietger Hoffmann, Verena Majuntke
https://arxiv.org/abs/2506.23967 https://arx…

Green Metrics Tool: Measuring for fun and profit
The environmental impact of software is gaining increasing attention as the demand for computational resources continues to rise. In order to optimize software resource consumption and reduce carbon emissions, measuring and evaluating software is a first essential step. In this paper we discuss what metrics are important for fact base decision making. We introduce the Green Metrics Tool (GMT), a novel framework for accurately measuring the resource consumption of software. The tool provides a c…

SMIC reports Q2 revenue up 16.2% YoY to $2.2B, in line with expectations, and profit down 19.5% YoY to $132.5M, below $183.35M est. (Reuters)
https://www.reuters.com/world/china/smic-second-quarter-profit-declined-195-year-on-year-2025-08-…

Roku reports Q2 revenue up 15% YoY to $1.11B, vs. $1.07B est., a net profit of $10.5M, and Platform segment sales up 18% to $976M (Todd Spangler/Variety)
https://variety.com/2025/digital/news/roku-q2-2025-earnings-revenue-profit-1236475732/

Roku Q2 2025 Earnings
Streaming platform company Roku reported earnings for Q2 2025 that beat Wall Street expectations.

Microsoft Backs Up A.I. Spending With $27.2 Billion Quarterly Profit: The company’s results are likely to ease investors’ worries that big investments in artificial intelligence aren’t paying off - NYTimes
https://www.nytimes.com/2025/07/30/technology/mic…

Microsoft Backs Up A.I. Spending With $27.2 Billion Quarterly Profit
The company’s results are likely to ease investors’ worries that big investments in artificial intelligence aren’t paying off.

Honda Motor quarterly profit halves, missing estimates as U.S. auto tariffs bite
https://www.cnbc.com/2025/08/06/honda-motor-reports-50-percent-plunge-in-profits-as-us-auto-tariffs-bite.html

G.M. Profit Shrinks on Billion-Dollar Tariff Hit (Jack Ewing/New York Times)
https://www.nytimes.com/2025/07/22/business/gm-profit-tariffs-trump.html
http://www.memeorandum.com/250722/p67#a250722p67

Sources: OpenAI execs fear rising political scrutiny in California could hinder its for-profit plans and have discussed moving out of the state as a last resort (Berber Jin/Wall Street Journal)
https://www.wsj.com/tech/ai/openai-for-profit-conversion-opposition-0…

@… How does it skew when you start looking at revenue and profit, though? How about amount spent on lobbying in rich countries? Influence in standards bodies such as the IETF, W3C, etc?
I don’t think monopolies and duopolies can be defined purely in terms of consumer marketshare.

Exclusive: Ukraine pitches deepwater gas, oil refinery projects to US under landmark minerals deal: https://benborges.xyz/2025/07/07/exclusive-ukraine-pitches-deepwater-gas.html

DraftKings NFL parlay, odds for Friday, August 8: Expert gives DK parlay with 6-1 payout

https://www.cbssports.com/betting/news/draftkings-n…

Rep. Ayanna Pressley (D-Mass.) described Trump's latest $5 billion windfall as
"blatantly corrupt and a brazen abuse of power."
"The current occupant of the White House," she said, "is putting personal profit above the people,
using his power to illegally line the pockets of his family and billionaire friends
while hanging everyday families out to dry
by ripping away their healthcare, food assistance, raising the cost of consumer good…

'Greatest Corruption in Presidential History': Trump Family Reaps $5 Billion More in Crypto Profits | Common Dreams
In what Public Citizen called "the greatest corruption in presidential history," US President Donald Trump and his family added $5 billion in cash to their fortunes this Labor Day as his new cryptocurrency was opened to the public market.

Free London business paper City AM says it returned to print profitability, with gross profit margin of 50% last quarter and EBIT up 52% from January to August (Charlotte Tobitt/Press Gazette)
https://pressgazette.co.uk/publishers/city-am-trumpets-re…

City AM trumpets resurgence of print profitability
London business newspaper City AM has seen massive growth in its print profitability following a "transformative" year under its new owner.

Block reports Q2 gross profit up 14% YoY to $2.54B, vs. $2.46B est., GPV up 10% to $64.25B, raises FY gross profit forecast to $10.17B; XYZ up 10% after hours (MacKenzie Sigalos/CNBC)
https://www.cnbc.com/2025/08/07/block-xyz-q2-2025-earnings-report.html

Block shares pop 11% on full-year guidance boost
Block reported weaker-than-expected earnings for the second quarter but increased its full-year guidance.

Samsung projects Q2 operating profit down 56% YoY to $3.3B, vs. $4.5B est., due to struggles in its chip business stemming from US export controls for China (Reuters)
https://www.reuters.com/business/samsung-elec…

In its Q4 earnings report, News Corp warned President Trump that his books "are being consumed by AI engines which profit from his thoughts" (Lauren Aratani/The Guardian)
https://www.theguardian.com/us-news/2025/aug/05/news-corp-trump-ai-art-of-th…

New non-profit law firm in DC aims to challenge Trump's executive power (Casey Gannon/CNN)
https://cnn.com/2025/08/04/politics/washington-litigation-group-trump-executive-power
http://www.memeorandum.com/250804/p127#a250804p127

Chuckling at all the 'its-my-money' libertarian casino players who've been cheering for Trump greed.
Hope you enjoy the 10% drop in deductible losses. Mmm. Taste the MAGA.
✅ Trump's ‘Big Beautiful Bill’ Includes Huge Tax Hike for Gamblers
https://

Trump’s ‘Big Beautiful Bill’ Includes Huge Tax Hike for Pro Gamblers
One professional gambler told FOS how the legislation could turn a year with a $1 million profit into one with a $2 million loss after taxes.

Federal health officials are seeking to launch a “bold, edgy” public service campaign to warn Americans of the dangers of ultra-processed foods in social media, transit ads, billboards and even text messages.
-- And they potentially stand to profit off the results.
Calley Means, a key adviser to Bobby Kennedy, could directly benefit from one of the campaign’s stated aims:
popularizing “technology like wearables as cool, modern tools for measuring diet impact and taking contr…

Sony reports Q1 revenue up 2.2% YoY to $17.8B, net profit up 23% YoY to ~$1.8B, PS5 sales at 2.5M, up from 2.4M in Q1 2024, and expects a lower FY tariff impact (Kosaku Narioka/Wall Street Journal)
https://www.wsj.com/bu…

* He exploits public office for private gain, enriching himself and the billionaire class while abandoning the poor and working people.
* He undermines justice, ignores the rule of law, and places himself above accountability.
* He disregards science, endangering lives in times of crisis and sacrificing the planet for profit.
* He fans division and incites violence to maintain power, wielding fear as a weapon against the people.

WPP reports H1 2025 operating profit down 48% YoY to £221M and halves its interim dividend ahead of a strategic review, weeks after cutting its FY 2025 guidance (Kieran Smith/Financial Times)
https://www.ft.com/content/3429318e-b0a2-488b-b448-ccac5ebbb8b9

SK Hynix reports Q2 revenue up 35% YoY to ~$16.2B vs. ~$14.9B est., operating profit up 68% to ~$6.7B vs. ~$6.5B est., and expects sustained HBM demand in 2025 (Dylan Butts/CNBC)
https://www.cnbc.com/2025/07/24/sk-hynix-second-quarter-earning…

Nvidia supplier SK Hynix second-quarter profit soars 69% to a record high, revenue also hits new highs
Revenue rose about 35% in the June quarter compared with the same period a year earlier, while operating profit rose 68%, year on year.

Montana ranked second worst in the country in terms of prevalence of mental illness and access to care, according to the non-profit Mental Health America.
Two-thirds of adults in Montana also lived in homes with guns, the highest rate in the country, according to a 2016 study from RAND, a thinktank.
The owner of the Firefly Café in Anaconda told the Associated Press that she locked up her business after a friend alerted her to the shooting.

“We are Montana, so guns are not new to…

Kennedy Claims Doctors Profit Off Vaccines. In Fact, Many Lose Money on Them. (Teddy Rosenbluth/New York Times)
https://www.nytimes.com/2025/07/15/well/rfk-jr-doctors-vaccines-profit-fact-check.html
http://www.memeorandum.com/250715/p140#a250715p140

TelevisaUnivision reports Q2 revenue down 4% YoY to $1.21B, ad revenue down 5%, operating expenses down 9%, and 10M ViX subscribers, up from ~7M at 2023's end (Brian Steinberg/Variety)
https://variety.com/2025/tv/news/televisaunivision-cuts-expense…

TelevisaUnivision Cuts Expenses to Boost Q2 Profit Amid Revenue Dip
Spanish-language giant TelevisaUnivision took a tough hand on operating expenses in a bid to boost second quarter profit even as key revenue fell

Tether reports Q2 net profit of $4.9B, a quarterly record, and says it held nearly $9B in bitcoin at the end of the quarter (RT Watson/The Block)
https://www.theblock.co/post/365059/tether-posts-record-4-9-billion-net-profit-for-second-quarte…

Here are the three primary kinds of community-based events we’ll be sponsoring during 31 Days of Action:

Open/community lab meetings over Zoom or live-streamed lab tours/demos

Teach-ins at local community centers, churches, parks, basically anywhere that’s not a college campus

Stand Up For Science tabling and demos that include “Ask a Scientist” booths,
pond water under a microscope,
strawberry DNA extraction,
egg drop competitions, …

SUFS 31 Days of Action Guidebook
🧬 WHAT IS STAND UP FOR SCIENCE? Stand Up for Science (SUFS) is a 501(c)(4) non-profit organization born from the rallies held in cities throughout the United States and around the world on March 7th, 2025. We believe that science is a public good that benefits everyone, and we’re leading...

The Economist reports revenue up 2% YoY to £368.5M for FY ending March 31, operating profit up 2% to £48.1M, subscribers up 3% to 1.25M, and digital subs up 8% (Charlotte Tobitt/Press Gazette)
https://pressgazette.co.uk/media_business/economi…

Subscriptions growth fuels record revenue year for The Economist
The Economist grew profit, revenue and subscription numbers last year after five years of investing in staff and tech.

Sony Pictures reports Q1 revenue up 4% YoY to ~$2.26B, operating income up 76% YoY to $129M, and motion pictures unit revenue down 13% YoY to $742M (Abid Rahman/The Hollywood Reporter)
https://www.hollywoodreporter.com/business/bu…

Sony Pictures First Quarter Profit Up 76 Percent to $129 Million
The studio's releases in the period included '28 Years Later' and 'Karate Kid: Legends.

SoftBank reports Q1 net profit of $2.87B, vs. ~$850M est., boosted by its Nvidia investment and says Vision Fund has a "late-stage portfolio valued at $45B" (David Keohane/Financial Times)
https://www.ft.com/content/01198b2a-75fe-47ef-8440-fd521dcf4996

A profile of Mercor, a Scale AI rival valued at $2B in February, which hires domain experts to train models; it had a $100M run rate in March and $6M H1 profit (Richard Nieva/Forbes)
https://www.forbes.com/sites/richardnieva/2025/09/03/ai…

AI’s Next Job? Recruiting People To Train More AI
Mercor, debuting on the Forbes Cloud 100 list, built an AI recruiter to interview job candidates. Then it discovered a cash cow: finding humans to train AI models.

NYT reports 11.88M subscribers in Q2, total revenue up 9.7% YoY to $685.9M, adjusted operating profit up 28% YoY to $133.8M, and subscription revenue of $481.4M (Katie Robertson/New York Times)
https://www.nytimes.com/2025/08/06/business/media/new-york-times-ea…

New York Times Revenue Jumps 9.7% From Subscriptions and Ads
The company added 230,000 digital-only subscribers in the second quarter. It now has 11.88 million total subscribers.

TSMC's financial statement shows the company booked its first profit from its four-year-old Arizona subsidiary in H1 2025, reporting $150.1M in net profit (Lisa Wang/Taipei Times)
https://www.taipeitimes.com/News/biz/archives/2025/08/20/2003842323

TSMC Arizona posts first profit since launch

Arm reports Q1 revenue up 12% YoY to $1.05B, royalty revenue up 25% to $585M, vs. $595M est., and forecasts Q2 profit below estimates; ARM drops 8% after hours (Ian King/Bloomberg)
https://www.bloomberg.com/news/articles/20…

Two years after launch, Reach's US project is profitable, has a 70-person team, and one editor-in-chief for all three US titles, Mirror, Express, and Irish Star (Charlotte Tobitt/Press Gazette)
https://pressgazette.co.uk/north-america/reach-in-t…

Reach in the US: 70-strong team is turning a profit with more growth planned
A “methodical” approach to building audiences for Reach brands Mirror, Express and Irish Star in the US has “proven they can wash their own face”.

A profile of Steam developer Valve, which has a flat corporate structure and high profit per head; Ampere: Steam hit 170M MAUs in May, versus 153M a year prior (Louis Ashworth/Financial Times)
https://on.ft.com/4nC87SA

Huawei reports H1 2025 revenue up 3.9% YoY to ~$58.5B, driven by soaring AI compute demand and a rebound in phone sales, and net profit down 32% YoY to ~$5.2B (Bloomberg)
https://www.bloomberg.com/news/articles/2025-08-29/de…

Q&A with SandboxAQ CEO Jack Hidary on the Alphabet spinoff's partnership with Aramco, how quantum AI can help turn captured CO2 into valuable products, and more (Divsha Bhat/Rest of World)
https://restofworld.org/2025/saudi-aramco-carbon-emissions…

Saudi Aramco wants a Google spinoff to turn its waste into wealth
The world’s biggest crude producer is partnering with SandboxAQ to turn captured carbon into profitable products.

Latin American e-commerce giant MercadoLibre reports Q2 net revenue up 34% YoY to $6.8B, vs. $6.7B est., net income down 1.5% YoY to $523M, vs. $596M est. (Andre Romani/Reuters)
https://www.reuters.com/business/autos-tra…

HP reports Q3 revenue up 3.1% YoY to $13.9B, vs. $13.7B est., Personal Systems revenue up 6% to $9.9B, and forecasts Q4 profit above estimates (Dina Bass/Bloomberg)
https://www.bloomberg.com/news/articles/2025-08-27/hp-gives-…

SK Hynix's union approves a 6% wage bump and 10% allocation of SK's annual profit to a bonus pool, totaling ~$2.7B for 33,625 staff in 2025, averting a strike (Yoolim Lee/Bloomberg)
https://www.bloomberg.com/news/articles/20

Applied Materials Q3: revenue up 8% YoY to $7.3B, vs. $7.22B est., profit up 4% YoY to $1.78B, and projects Q4 revenue and profit below est. on China challenges (Kelly Cloonan/Wall Street Journal)
https://www.wsj.com/business…

SAP reports Q2 revenue up 9% YoY to €9.03B, vs. €9.05B est., cloud revenue up 24% to €5.13B, vs. €5.15B est., operating profit up 32% to €2.57B, vs. €2.43B est. (Kelly Cloonan/Wall Street Journal)
https://www.wsj.com/business/earnings/…

Nintendo reports Q1 revenue up 132% YoY to ~$3.8B, operating profit up 4.4% to ~$378M, and 5.82M Switch 2 sales, more than double of Switch 1 in its first month (Ryan Browne/CNBC)
https://www.cnbc.com/2025/08/01/nintendo-earnings-q1-2025.html

Nintendo doubles quarterly revenue as Switch 2 sales hit 5.8 million units
Nintendo shares have rallied roughly 40% so far this year on excitement over the firm's new Switch 2 hybrid console.

Amazon reports Q2 AWS revenue up 17.5% YoY to $30.9B, vs. $30.8B est., and AWS operating income up 8.8% YoY to $10.2B (Annie Palmer/CNBC)
https://www.cnbc.com/2025/07/31/amazon-amzn-q2-earnings-report-2025.html

Amazon issues gloomy profit outlook
The earnings report gives investors a fresh look at how Amazon is navigating tariff-related uncertainty.