Article
Did META Just Hint At Cracks In the AI CapEx Boom?
Did META Just Hint At Cracks In the AI CapEx Boom?
If you're wondering why the Nasdaq is suddenly tumbling this morning, wonder no more...
Nasdaq moves lower after Meta announces it is to build a cloud business to sell its excess AI compute, weighing on cloud peers like AMZN, ORCL, MSFT and chip and memory names like NVDA, MU, INTO. As Bloomberg reports:
Meta, which has been rushing to secure expensive data centers and other infrastructure to fuel its own artificial intelligence ambitions, is forming a business to generate revenue from...
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Sep 28, 2026 / Tyler Durden
$4 Billion Startup 'Corgi' Melts Down Into Real Life Social Media 'Mean Girls'
$4 Billion Startup 'Corgi' Melts Down Into Real Life Social Media 'Mean Girls'
San Francisco insurance startup Corgi has found itself in the spotlight for reasons that have little to do with insurance, after controversial social media posts by employees triggered criticism, internal disagreement and questions about the company’s unusual culture, according to the NY Post.
The latest controversy involved Nicole Clash, a Corgi marketing employee who came under fire for repeatedly using an ableist slur online and for a since-deleted post suggesting she would not police people who use the...
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Jul 15, 2026 / Jason Ditz
State Dept. Touts ‘Positive’ Rome Talks, But Israel and Lebanon Leave Without Timetable
State Department hosted talks between Israel and Lebanon were once again cheered by the State Department today as “productive and positive,” which might explain why the US has cheerfully hosted no less than six rounds worth of such talks despite very little of consequence ever coming out of them. A deal was reached, naturally, though […]
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Oct 8, 2026 / Tyler Durden
Tanker Crews Running Hormuz Describe Risky Tactics: Lights Out, Sandbags Up, Hugging Coast
Tanker Crews Running Hormuz Describe Risky Tactics: Lights Out, Sandbags Up, Hugging Coast
The Trump administration has been boasting of bigger than ever war time oil transit flows through the Strait of Hormuz, but it is happening still at great risk to tankers, captains, and crew members. American forces "have assisted thousands of ships through the Strait of Hormuz in recent months by providing coordinated protection," US Central Command has said in a statement.
Nothing about this has been 'easy' or smooth in terms of operations and security, even when vessels do make...
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