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San Francisco Judge Dismisses xAI Trade Secret Lawsuit Against OpenAI
San Francisco Judge Dismisses xAI Trade Secret Lawsuit Against OpenAI
Authored by Kimberley Hayek via The Epoch Times,
A federal judge dismissed a trade secret lawsuit filed by Elon Musk’s xAI against OpenAI, ruling that the plaintiff failed to demonstrate the competing artificial intelligence company improperly obtained confidential information.
U.S. District Judge Rita Lin issued the order Monday in San Francisco, dismissing the case with prejudice, resulting in xAI being unable to refile an amended version of the complaint based on the same arguments.
Lin found that xAI did not make clear that...
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Apr 1, 2026 / Tyler Durden
The Barbell Economy: Why The Middle Is Vanishing
The Barbell Economy: Why The Middle Is Vanishing
Authored by Tamuz Itai via The Epoch Times,
There’s a pattern quietly reshaping daily life, work, and society itself. Economists now call it the “barbell economy.” Value, growth, and opportunity concentrate at the two extremes—ultra-cheap utility on one end, premium experience and status on the other—while the broad, reasonable middle thins out. Once you start noticing it, you can’t unsee it. And the data show it isn’t a fleeting trend.
Start with something as ordinary as dinner. Fast-food drive-throughs, delivery apps, and value menus...
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May 22, 2026 / Tyler Durden
Hope And Reality
Hope And Reality
By Teeuwe Mevissen, Senior Macro Strategist at Rabobank
Since the start of the Iran war the market has had a tendency to view the likelihood of a peace agreement with a ‘glass half full’ attitude.
Once again, markets have found some comfort in encouraging remarks from both the US and Iran, even though both sides are making it clear that there are still major sticking points on critical issues.
US Secretary of State Rubio has suggested that there are “some goods signs” towards finding a resolution. This is despite Iran’s...
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Mar 9, 2026 / Tyler Durden
G-7 Leaders Reject SPR Release Plan, But 'Stand Ready' After Initial Jawbone Efforts Fade
G-7 Leaders Reject SPR Release Plan, But 'Stand Ready' After Initial Jawbone Efforts Fade
Update (1055ET):
G-7 finance ministers used headlines in Asia, including calls for a meeting to discuss an SPR release, as a purely performative attempt to calm chaotic energy markets.
Now that the emergency meeting is over, the group of leaders failed to agree on releasing crude supplies. Those headlines briefly hit Brent down from around $119/bbl to near $100, but once again, it appears to have been little more than a circus act as world leaders stare directly...
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