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Here Come The Cancellations: Brookfield-Backed Compass Pulls Out From Major Northern Virginia Data Center Project
Here Come The Cancellations: Brookfield-Backed Compass Pulls Out From Major Northern Virginia Data Center Project
Compass Datacenters has decided to withdraw from its plan to develop a major data-center corridor in Northern Virginia after spending years pursuing approvals and investing tens of millions of dollars, according to Bloomberg.
The company ultimately concluded the project wasn’t feasible due to mounting legal challenges, stricter regulations, and weakening political support, particularly around tax incentives.
This move highlights a broader shift in how communities and policymakers are responding to data-center projects. Local residents have increasingly raised...
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Mar 21, 2026 / Tyler Durden
US Removes Sanctions On Iranian Oil Stranded At Sea To Boost Overall Supply
US Removes Sanctions On Iranian Oil Stranded At Sea To Boost Overall Supply
On Thursday, Scott Bessent told Fox News that the US is considering unsanctioning Iranian oil, thereby making the 140 million barrels stuck on Iranian tankers, available to any buyer in the world and not just China, to ease the supply-chain bottlenecks that emerged after the Strait of Hormuz was blocked. In doing so, another formerly sanctioned US nemesis would be allowed free access to global markets, after Russia received a similar "temporary" permit a week earlier.
"In the coming...
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Apr 6, 2026 / Tyler Durden
Prices Jump, Employment Dumps As US ISM Services Disappoints In March
Prices Jump, Employment Dumps As US ISM Services Disappoints In March
The last six months or so has seen S&P Global's and ISM's Services PMI surveys diverge dramatically (former at three year lows, latter near four year highs).
But, following S&P Global's Services PMI plunge into contraction in March, ISM's Services PMI actually 'agreed' and fell also (but only modestly) from 56.1 to 54.0 (still in expansion but worse than the expected 54.9)...
Source: Bloomberg
Under the hood it was a very mixed bag with a surge in New Orders (highest since Feb...
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Apr 22, 2026 / Tyler Durden
Anthropic's 'Too Dangerous To Release' AI Model Was Accessed By Discord Group On Day One
Anthropic's 'Too Dangerous To Release' AI Model Was Accessed By Discord Group On Day One
Anthropic's 'Mythos' model is extraordinarily dangerous. The company itself warned that it could autonomously identify and exploit zero-day vulnerabilities in every major operating system, every major web browser, and every critical software library on Earth. And because of this offensive cybersecurity power, Anthropic refused to release Mythos publicly - and instead tightly restricted access through 'Project Glasswing' to roughly 50 carefully vetted organizations - 12 named launch partners plus more than 40 additional critical software and...
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