That’s a lot of money for just one data center job.

In Virginia, environmental group Food & Water Watch found that one permanent data center job is created for every $13 million invested. It estimates that data centers account for 0.01 percent of US jobs, but 4.4 percent of electricity consumption, and is petitioning Congress to end all new data center construction.

European banks plan to cut 200,000 jobs as AI takes hold

The bloodletting will hit hardest in back-office operations, risk management, and compliance.

India startup funding hits $11B in 2025 as investors grow more selective

Startup funding rounds in India fell sharply in 2025 as investors concentrated capital into fewer companies.

How reality crushed Ÿnsect, the French startup that had raised over $600M for insect farming

French insect farming company Ÿnsect was recently placed into judicial liquidation for insolvency, despite raising over $600 million.

How Europe’s new carbon tax on imported goods will change global trade

For people living in the European Union, the price of their next car, home renovation, and even local produce may soon reflect a climate policy that many have never even heard of. This new regulation, which comes fully into force on New Year’s Day, does not just target heavy industry—it affects everyday goods which now face an added carbon cost when they enter Europe.

Warner Bros. Discovery rejects Paramount's hostile bid, calls offer 'illusory'

Warner Bros. Discovery called Paramount's offer "illusory" and said that the company had misled shareholders about its financing.

Larry Ellison’s big dumb gift to his large adult son

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Roomba maker iRobot swept into bankruptcy

Shenzhen-based Picea Robotics, its lender and primary supplier, will acquire all of iRobot’s shares.

Who’s making the most money in AI? It’s not who you think

The fastest growing companies in the world aren’t AI companies, but the startups that supply them with warm bodies.

SpaceX reportedly planning 2026 IPO with $1.5T valuation target

The company is looking to raise $30 billion, which would make it the biggest IPO ever, just ahead of Saudi Aramco's in 2019.

Oh look, CoreWeave is issuing $2 billion more debt.

In the story I wrote about CoreWeave, analyst Gil Luria told me the company has “to keep borrowing more and more because they spend more money than they can get, structurally. They have to continue to borrow to pay interest on the last loan.” Aren’t you glad Nvidia helped them go public?

Paramount tries to swipe Warner Bros. from Netflix with a hostile takeover

Paramount has already proven it can get a controversial merger done.