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Wall Street Warns "Pervert Glasses" Backlash Threatens AI-Wearables Boom
Wall Street Warns "Pervert Glasses" Backlash Threatens AI-Wearables Boom
Bernstein analysts are out with a note on how Meta Platforms and EssilorLuxottica's once-hot smart glasses business is running out of steam because of an emerging public backlash over privacy and surveillance, raising questions about whether the smart glasses industry as a whole is hitting a brick wall.
Luca Solca, Bernstein's senior equity analyst and global luxury-goods sector head, covers companies including EssilorLuxottica, LVMH, Hermès and Richemont. He said Ray-Ban Meta glasses were initially a "commercial success," but public opinion has since...
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Mar 24, 2026 / Tyler Durden
America's Top War Unicorn To Begin Combat Drone Production As Next-Gen Startups Challenge Big Defense Primes
America's Top War Unicorn To Begin Combat Drone Production As Next-Gen Startups Challenge Big Defense Primes
Weaponized AI, interceptor drones, automated kill chains, ground robots armed with machine guns, humanoid robots, and FPVs equipped with shaped charges all offer a scary preview of what warfare in the 2030s was expected to look like.
Instead, four years of war in Ukraine, followed by the U.S.-Iran conflict, have sharply accelerated that timeline, pulling the future of warfare into today. These are truly frightening times, as defenses against this technology are still lacking across...
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Jul 15, 2026 / Tyler Durden
Australia Slaps Power, Water, And Copyright Rules On Data Centers After Anthropic Lobbying Push
Australia Slaps Power, Water, And Copyright Rules On Data Centers After Anthropic Lobbying Push
Over the last year or so, several US states have taken measures to regulate or prevent data centers from being built, citing local concerns over electricity and water use, pollution (noise and otherwise), and the fact that they're a godawful eyesore. On Tuesday, New York became the first state to enact a one-year ban on data centers. Pennsylvania, meanwhile, is slapping heavy new regulations on them.
DCI Data Centers facility in Adelaide (ADL02)
The revolt has gone worldwide - as Australia...
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Apr 27, 2026 / Tyler Durden
Tillis Gives Warsh Green Light After DOJ Drops Powell Inquiry
Tillis Gives Warsh Green Light After DOJ Drops Powell Inquiry
The last roadblock to Kevin Warsh's nomination to lead the Federal Reserve is getting out of the way, as North Carolina Sen. Thom Tillis (R) said on Sunday that he's ready to lend his support towards Warsh's confirmation.
Tillis had refused to advance Warsh or any other Fed nominee until the DOJ dropped its investigation into current chair, Jerome Powell over cost overruns in a renovation of the Fed's headquarters. After DC US attorney Jeanine Pirro said on Friday that the matter...
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