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Report: Oman Proposes Strait of Hormuz Plan That Involves Collecting Fees
The New York Times reported on Tuesday that Iran and Oman are moving forward with a plan for the Strait of Hormuz that would involve collecting fees for ships transiting the waterway, despite the US expressing vehement opposition to the idea. Sources told the paper that Oman recently delivered a formal proposal to the US […]
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Apr 10, 2026 / Tyler Durden
OpenAI Pauses U.K. Stargate Over "Regulation And Power Costs"
OpenAI Pauses U.K. Stargate Over "Regulation And Power Costs"
OpenAI's broader Stargate push to build next-generation AI infrastructure in the UK has been put on hold, with the company citing regulatory conditions and high energy costs as major obstacles to long-term investment. That outcome is hardly surprising: Britain, like much of dying Europe, has layered on regulatory burdens, while years of backfiring 'green' energy policies have left power costs structurally elevated. It's a toxic mix for power-hungry AI data center buildouts.
"We see huge potential for the UK's AI future,"...
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Apr 29, 2026 / Tyler Durden
Bloom Energy Erupts On Beat, Guidance Upgrade As On-Site Data Center Power Demand Soars
Bloom Energy Erupts On Beat, Guidance Upgrade As On-Site Data Center Power Demand Soars
Clean-power company Bloom Energy surged early in the U.S. cash session after reporting earnings Tuesday after the close, raising its full-year revenue and margin guidance on rising demand from data centers and other commercial customers.
The maker of solid oxide fuel cell systems, branded as Bloom Energy Servers, that generate electricity on-site for customers, posted a profit of $70.7 million, or 23 cents a share, compared with a loss of $23.8 million, or 10 cents a share,...
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Mar 23, 2026 / Dave DeCamp
‘Unprecedented’ US-Israeli Strikes Reported in Tehran Despite Trump’s Talk of Diplomacy
An Al Jazeera correspondent based in Tehran reported “unprecedented” US-Israeli strikes on the Iranian capital on Monday despite President Trump’s insistence that progress was being made toward a diplomatic solution, a claim Iranian officials have rejected. The Israeli Air Force announced that it was conducting a “wave” of airstrikes across Tehran and that it bombarded […]
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