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Masa's $3.7 Billion Bonfire: SoftBank Posts $7 Billion Loss After Torching Deposits On AI Power Gear As Interest Costs Double

Masa's $3.7 Billion Bonfire: SoftBank Posts $7 Billion Loss After Torching Deposits On AI Power Gear As Interest Costs Double Buy now, figure out the specs later. That, in one line, was SoftBank's strategy for powering the biggest AI data center buildout on the planet. And on Tuesday, it sent Masayoshi Son the invoice: SoftBank Group reported a net loss of ¥1.12 trillion ($7.1 billion) for the July-September quarter, its first loss in almost two years, when Wall Street was looking for a profit of ¥129 billion. The biggest single culprit...
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May 3, 2026 / Tyler Durden
Rudy Giuliani Hospitalized In Critical Condition
Rudy Giuliani Hospitalized In Critical Condition Former New York City Mayor Rudy Giuliani has been hospitalized and is in critical condition, according to The New York Times, citing his spokesman, Ted Goodman. "Mayor Giuliani is a fighter who has faced every challenge in his life with unwavering strength, and he's fighting with that same level of strength as we speak," Goodman said, before asking "that you join us in prayer" for the former NYC mayor. Goodman did not disclose what medical emergency sent Giuliani to a Florida hospital Sunday afternoon. President...
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Jun 19, 2026 / Tyler Durden
Appeals Court Allows Ohio To Restrict Children's Use Of Social Media
Appeals Court Allows Ohio To Restrict Children's Use Of Social Media Authored by Aldgra Fredly via The Epoch Times, A federal appeals court on Thursday allowed Ohio to enforce a law requiring social media companies to obtain parental consent before permitting children under 16 to access their platforms. Instagram, TikTok, Snapchat, YouTube, Facebook, Twitch, and Reddit applications are displayed on a mobile phone on Dec. 9, 2025. Hollie Adams/Reuters The law, known as the Social Media Parental Notification Act, was passed by the state's legislature in 2023 and took effect in January 2024....
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Apr 2, 2026 / Tyler Durden
Kremlin Asks US For Ceasefire At Bushehr Nuclear Plant To Get Remaining Russian Staff Out
Kremlin Asks US For Ceasefire At Bushehr Nuclear Plant To Get Remaining Russian Staff Out Russia is seeking approval from the US and Israel for a ceasefire for the Bushehr nuclear ⁠power plant in Iran, RIA news agency reported Thursday. Airstrikes across the country have reportedly been on the uptick in the past some 48 hours. "The travel routes will be communicated ‌to the relevant authorities in Israel and the United States, and we will use all channels to request strict adherence to the ceasefire ⁠during the convoy’s movement," the ⁠head of...
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