From FOMO To Oh No! Koreans Face Massive Forced Liquidations As AI Bubble Bursts

"Thermal Event" Triggers Service Disruptions At Amazon AWS Cloud Hub In Northern Virginia Amazon Web Services said that recovery efforts are still underway after a "loss of power during a thermal event" disrupted a Northern Virginia data center on Thursday evening. "Mitigation efforts remain underway to resolve the impaired EC2 instances and degraded EBS volumes in a single Availability Zone (use1-az4) in the US-EAST-1 Region," AWS wrote on its Service Health page, indicating that its operational issue for "Amazon Elastic Compute Cloud (N. Virginia)" remained "impacted" as of early Friday morning. AWS...

Momentum: US Issues 60-Day License For Iranian Oil Sales As Tehran Agrees To Hormuz Access, Nuclear Inspections Update(0935ET): As part of the MoU framework, and ongoing technical peace discussions in Switzerland (with US and Iranian teams still though - though Vance and Ghalibaf have at this point departed after their 18-hour first round achievement - Treasury has issued a temporary 60-day general license authorizing the production, delivery, and sale of Iranian oil - it stated in a huge forward-momentum development. Treasury Secretary Scott Bessent announced on X: Under President Trump and Vice President Vance,...

Judge Reassigns Elon Musk Cases After Accusations Of Bias Authored by Zachary Stieber via The Epoch Times, A judge in Delaware on March 30 said she is reassigning cases involving Elon Musk after she was accused of being biased against him. Delaware Court of Chancery Chancellor Kathaleen McCormick said in a letter to lawyers that she was taking the step because “disproportionate media attention surrounding a judge’s handling of an action is detrimental to the administration of justice.” Attorneys representing Musk recently filed a motion for recusal or reassignment, pointing to how McCormick...