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Google Cloud CEO lays out 3-part strategy to meet AI’s energy demands after identifying it as the ‘most problematic thing’ | Fortune
Jason Ma -
The immense electricity needs of AI computing was flagged early on as a bottleneck, prompting Alphabet’s Google Cloud to plan for how to source energy and how to use it, according to Google Cloud CEO Thomas Kurian.Speaking at the Fortune...
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Paramount rips Warner’s sale ‘process’ as it reveals 2-year-long pursuit and escalating bids before going hostile | Fortune
Paramount Skydance’s tender offer for Warner Bros. Discovery emerged from months of fitful courtship, a shifting media landscape, and a high‑stakes bidding war that ultimately pitted the studio behind “Top Gun: Maverick” against streaming giant Netflix for control of...
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Baby boomers have now ‘gobbled up’ nearly one-third of America’s wealth share, and they’re leaving Gen Z and millennials behind | Fortune
Older Americans may be trading in hustling for retirement, but that hasn’t stopped them from getting richer.Baby boomers now hold a record high of the United States’ wealth, Apollo chief economist Torsten Slok noted in a Sunday blog post,...
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Health insurance premiums rose nearly 3x the rate of worker earnings over the past 25 years
Health insurance premiums in the U.S. significantly increased between 1999 and 2024, outpacing the rate of worker earnings by three times, according to our newly published research in the journal JAMA Network Open.Premiums can rise...
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How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’
What’s the point of monetary policy?For most of us, the main impact tends to be how much we have to pay to borrow to buy a house or car. But for the Federal Reserve, the...
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Netflix-Warner deal would drive streaming market further down the road of ‘Big 3’ domination
When it comes to major U.S. industries, three tends to be the magic number.Historically, auto manufacturing was long dominated by Chrysler, Ford and General Motors – the so-called “Big Three,” which at one point controlled...
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The science behind failing up in corporate America | Fortune
History is crowded with CEOs who have flamed out in very public ways. Yet when the reckoning arrives, the same question often lingers: How did this person keep getting promoted? In corporate America, the phenomenon is known as “failing up,” the...
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Binance has been proudly nomadic for years. A new announcement suggests it has finally chosen a headquarters | Fortune
For years, Binance has dodged questions about where it plans to establish a corporate headquarters. On Monday, the world’s largest crypto exchange made an announcement that indicates it has chosen a location: Abu Dhabi, the capital of the United...
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Trump says Netflix-Warner Bros. deal ‘could be a problem’ | Fortune
President Donald Trump raised potential antitrust concerns for Netflix Inc.’s planned acquisition of Warner Bros. Discovery Inc., noting that the market share of the combined entity may pose problems. “Well, that’s got to go through a process, and we’ll see...
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OpenAI goes from stock market savior to burden as AI risks mount | Fortune
Wall Street’s sentiment toward companies associated with artificial intelligence is shifting, and it’s all about two companies: OpenAI is down, and Alphabet Inc. is up.The maker of ChatGPT is no longer seen as being on the cutting edge of...
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Ukraine prepares new peace plan as Zelensky rules out giving up land
ReutersUkraine is preparing to present a revised peace plan to the White House, as it seeks to avoid making...