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"The Situation Has Become Unsustainable": Apple To Hike Prices To Offset Soaring Memory Costs
"The Situation Has Become Unsustainable": Apple To Hike Prices To Offset Soaring Memory Costs
Up until now, Americans primarily hated the flood of data centers popping up around the country like mushrooms (at least those that haven't been canceled or delayed due to regulatory pushback, lack of electricity or outright hostility) because of surging electricity prices and the rising tide of unemployment as chabots gradually make America's white collar workers obsolete. Now they can add surging consumer price inflation to the list of reasons to hate data centers, whose ravenous...
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Apr 12, 2026 / Dave DeCamp
US Lost 24 MQ-9 Reaper Drones in Iran War
The US military has lost around 24 MQ-9 Reaper drones since the US and Israel launched the war against Iran on February 28, CBS News has reported, citing unnamed US officials. MQ-9 Reapers cost at least $30 million each, meaning the US has lost at least $720 million worth of drones. Officials told CBS that […]
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May 3, 2026 / Tyler Durden
Jane Street Paid Employees $9.4 Billion, Twice What It Paid Last Year, After Record 2025 Results
Jane Street Paid Employees $9.4 Billion, Twice What It Paid Last Year, After Record 2025 Results
Jane Street Group has evolved from a niche trading shop into one of Wall Street’s most profitable firms and employees are reaping the rewards. The firm paid roughly $9.4 billion in compensation last year, more than twice what it distributed a year earlier, according to Bloomberg.
On average, that translated to about $2.7 million per employee, far ahead of traditional banks like Goldman Sachs. The massive payouts followed a record year in which Jane Street...
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Feb 15, 2026 / Dave DeCamp
Report: US Preparing for Sustained, Weeks-Long War Against Iran If Trump Orders Attack
The US military is preparing for the possibility of a sustained, weeks-long operation against Iran if President Trump orders an attack on the country, Reuters has reported, as the US continues to build up its forces in the region. The report, which cited two unnamed US officials, said a US attack on Iran could lead to a […]
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