The AI boom is creating an unprecedented energy crisis that renewable sources can’t solve. A Purdue professor says we need the equivalent of 77 new nuclear reactors annually by 2028. The solution lies in small modular reactors co-located with data centers.
The ongoing government shutdown means no official jobs report for the second straight month. Private data from ADP, Indeed, and others shows announced job cuts skyrocketing while hiring cools. Economists are piecing together a concerning picture of the labor market.
British broadcaster ITV confirmed talks with Comcast’s Sky over selling its media and entertainment unit for £1.6 billion. The division includes ITV’s free-to-air channels and ITVX streaming platform. ITV’s advertising revenue is expected to drop 9% in the final quarter of 2023.
XPeng showcased its Iron humanoid robot walking so naturally that people suspected a human inside. To prove it was real, engineers cut open the robot’s leg during a live demonstration. The company aims for mass production by the end of next year.
Tesla shareholders have approved Elon Musk’s unprecedented compensation package that could make him the world’s first trillionaire. The deal requires Musk to achieve staggering targets including growing Tesla’s market cap to $8.5 trillion and selling 12 million more vehicles.
DraftKings CEO Jason Robins told CNBC that prediction markets and sports betting serve different audiences. The company reported earnings Thursday and lowered its full-year sales outlook, sending shares down over 5% after hours.
Google has suddenly slashed Pixel 10 series prices by hundreds of dollars in a new sale. The 25% discount matches their recent random voucher giveaway to Google One users. This pattern reveals Google’s pricing strategy for its flagship phones.
Airbnb just delivered another impressive quarter with revenue and bookings beating analyst expectations. The company’s focus on new features and global expansion appears to be paying off as travel demand remains strong.
Remitly’s stock crashed 24% after forecasting slower growth, with CFO Vikas Mehta citing “immigration headwinds” as a key factor. The company’s market value dropped to $2.6 billion as Mexico remittances fell 5.5% this year.
Canva Pro users paying $120 per year might want to reconsider their subscription. Penpot offers professional-grade design tools, real-time collaboration, and complete freedom – all for free. The open-source platform even lets you self-host without any fees.
