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NANO Nuclear's Reactor Construction Permit Accepted For Review
NANO Nuclear's Reactor Construction Permit Accepted For Review
The Nuclear Regulatory Commission (NRC) has formally begun its review of the construction permit application for an advanced microreactor at the University of Illinois Urbana-Champaign.
✅ #NRCNews: We've kicked off the formal review of the @UofIllinois application for an advanced microreactor. https://t.co/0gMFCuDv5u
— NRC (@NRCgov) May 19, 2026
The announcement marks the transition from the agency’s acceptance review to the substantive technical evaluation of NANO Nuclear’s KRONOS design.
This step carries more weight than the initial filing. Submitting an application demonstrates readiness on paper; the NRC’s...
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Mar 26, 2026 / Tyler Durden
Iran Earning $139 Million A Day From Oil As Hormuz Crisis Locks Out Rivals
Iran Earning $139 Million A Day From Oil As Hormuz Crisis Locks Out Rivals
By Charles Kennedy of OilPrice
Iran’s oil exports have not collapsed and are fetching much higher prices than before the war, handing Tehran handsome extra revenues from its crude, which is the only one unimpeded from transiting the Strait of Hormuz.
Unlike all other Gulf producers, Iran is passing its oil through the Strait of Hormuz and its export volumes remain resilient. Steady volumes and higher prices have been bringing millions of dollars of additional oil revenues for...
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Mar 29, 2026 / Tyler Durden
Gamer Backlash Hits Sony After PlayStation Price Hike: "Older Stuff Should Get Cheaper, Not Expensive"
Gamer Backlash Hits Sony After PlayStation Price Hike: "Older Stuff Should Get Cheaper, Not Expensive"
Gamers, already upset over rising memory, CPU, and GPU prices, woke up to more bad news this morning. This time, Sony posted a new entry on the PlayStation Blog announcing price hikes for the PS5, PS5 Pro, and PlayStation Portal, blaming “continued pressures in the global economic landscape.”
"We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming...
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Jun 22, 2026 / Tyler Durden
Is The AI Spending Boom Creating A Depreciation Time Bomb?
Is The AI Spending Boom Creating A Depreciation Time Bomb?
Via City AM,
Big Tech's AI spending has exploded, with Google, Microsoft, Amazon, and Meta collectively investing hundreds of billions of dollars in infrastructure.
Rapid technological change may shorten the economic life of AI servers and GPUs, increasing depreciation and replacement costs.
The long-term profitability of AI will depend not only on demand growth but also on whether companies can justify the enormous ongoing capital requirements.
The eye-watering capital expenditure plans of Big Tech has been one of the year’s biggest stories.
Google, Meta, Amazon, and...
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