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U.S. History Offers Examples of Government Seizures of Private Companies During National Emergencies
The United States has a history of government intervention in privately owned businesses during national emergencies, including wartime federal control of certain transportation and communications systems and the seizure of specific companies.

By The Financial District
3 hours ago2 min read


Calls to Nationalize Starlink Grow After Satellite Restrictions Disrupt Ukraine’s Communications
Calls for the US government to consider nationalizing Starlink, the satellite internet network operated by Elon Musk's SpaceX, have gained momentum following reports that restrictions on satellite connectivity affected Ukrainian operations.

By The Financial District
1 day ago2 min read


U.S. Congressman Calls Musk’s Starlink Restrictions in Ukraine “Beyond Disturbing”
US Representative Jason Crow has described reported restrictions on Starlink access in Ukraine as “beyond disturbing,” adding to congressional scrutiny of Elon Musk’s satellite communications services and their role in the conflict.

By The Financial District
1 day ago1 min read


Woolly Mammoth Billionaire Launches $200 Million Venture to Genetically Engineer Military Dogs
Ben Lamm, co-founder of Colossal Biosciences, the biotechnology company pursuing efforts to bring back extinct species such as the woolly mammoth, has launched a venture to develop genetically enhanced military dogs in collaboration with Palmer Luckey, founder of defense technology company Anduril

By The Financial District
1 day ago2 min read


Musk Says SpaceX Restricted Ukraine’s Starlink Service, Citing Terms-of-Service Violations
Elon Musk has said his company, SpaceX, restricted Ukraine’s Starlink internet service, accusing Ukrainian forces of violating its terms of service by using the network for military activity.

By The Financial District
1 day ago2 min read


Alphabet Faces Earnings Test as Investors Weigh AI Spending and Google Cloud Growth
Alphabet, Google’s parent company, heads into its quarterly earnings report with investors weighing the potential returns from its artificial intelligence investments against the cost of building and operating the infrastructure needed to support them.

By The Financial District
1 day ago2 min read


AT&T, Verizon and T-Mobile Push Back as SpaceX Pursues Nationwide Wireless Network
AT&T, Verizon and T-Mobile have spent months arguing that a satellite company would struggle to compete directly with their networks.

By The Financial District
2 days ago2 min read


Meta’s New Share Plan Could Provide Zuckerberg Liquidity Amid Proposed California Wealth Tax
Meta CEO Mark Zuckerberg could face a substantial tax liability if California voters approve Proposition 40, a proposed wealth tax targeting billionaires.

By The Financial District
2 days ago2 min read


GMO Internet Warns Customers to Secure Computers Ahead of Threatened Ransomware Attack
GMO Internet Group urged affected customers to take precautionary measures after attackers threatened to publish personal information and launch a ransomware attack.

By The Financial District
2 days ago1 min read


Microsoft Offers Voluntary Buyouts to 60,000 Eligible Employees Amid AI Spending Push
Microsoft has announced that it was offering voluntary buyouts to approximately 60,000 eligible employees as it adapts its organization to changing business needs and the growing role of artificial intelligence.

By The Financial District
2 days ago2 min read


Skydance Offers Voluntary Buyouts as Warner Bros. Merger Increases Cost Pressures
Skydance is offering some employees a one-time voluntary buyout as the media company seeks to reduce costs following its acquisition of Warner Bros. Discovery and the assumption of substantial debt.

By The Financial District
2 days ago2 min read


Building a Nation, One Connection at a Time
A telecommunications tower standing in a remote Philippine community may appear to be little more than a steel structure carrying antennas and electronic equipment.

By Lito U. Gagni
2 days ago4 min read


Anthropic Files for IPO as Experts Anticipate a Major Public Debut
Anthropic filed publicly for an initial public offering (IPO) on Monday, setting the stage for what could become one of the largest stock-market debuts in history.

By The Financial District
3 days ago1 min read


78% of Ohioans Support Moratoriums on AI Data Centers
A poll by Bowling Green State University found that 78% of Ohioans support a temporary pause on the development of artificial intelligence (AI) data centers, highlighting growing public concern over the rapid expansion of the facilities.

By The Financial District
3 days ago1 min read


More Than 70% of Americans Oppose AI Data Centers in Their Communities
More than 70% of Americans oppose the construction of artificial intelligence (AI) data centers in their local communities, according to a Gallup poll, reflecting public concern about the rapid expansion of infrastructure supporting AI technologies.

By The Financial District
3 days ago1 min read


Memphis Fails to Pass One-Year Data Center Moratorium
Memphis, Tennessee, city council members have rejected a proposed one-year moratorium on data center development but approved a substitute ordinance that would halt construction for 135 days.

By The Financial District
3 days ago2 min read


Tesla Reports Q3 Earnings Beat, Positive Free Cash Flow
Tesla reported better-than-expected third-quarter earnings, with free cash flow exceeding Wall Street estimates and capital spending coming in below forecasts.

By The Financial District
4 days ago1 min read


Finns Condemn Google for Cutting 250,000 Trees to Build a Data Center
Behind a wire fence lies a vast expanse of cleared land. Before Google’s arrival, an estimated 250,000 trees stood across 330 hectares (815 acres) of forest near Muhos in rural northern Finland.

By The Financial District
4 days ago2 min read


Ozempic Wave Boosts Cobblers and Tailors as Americans Tighten their Belts
US consumers taking weight-loss drugs such as Novo Nordisk’s Ozempic and Eli Lilly’s Mounjaro are turning to cobblers and tailors to save money while shedding pounds.

By The Financial District
4 days ago2 min read


Nokia Q3 Profit Rises on AI-Driven Network Demand
Nokia Oyj reported a 35% increase in comparable operating profit in the third quarter, driven by strong demand for network infrastructure used in artificial intelligence (AI) and cloud computing.

By The Financial District
4 days ago1 min read


Saudi Arabia Postpones Flagship Investment Conference to 2027 Amid Houthi Attacks
A major Saudi investment conference has been postponed until next year as the kingdom faces repeated attacks by Yemen’s Iran-backed Houthi rebels.

By The Financial District
7 days ago1 min read


Musk Backs Possible SpaceX–Tesla Merger as SpaceX Reports Quarterly Profit
Musk Backs Possible SpaceX–Tesla Merger as SpaceX Reports Quarterly Profit
Elon Musk said that he would support a merger between SpaceX and Tesla as his rocket and artificial intelligence company reported its first quarterly profit since going public.

By The Financial District
Oct 221 min read


Intel's Tesla Deal Boosts Foundry Ambitions as $20 Billion Share Offering Funds Expansion
Intel has reportedly secured Tesla as a customer for its upcoming 14A manufacturing process.

By The Financial District
Oct 222 min read


Japan’s Data Leaks Mount as Experts Warn of AI-Assisted Cyberattacks
Japanese companies and local governments have reported a growing number of data breaches, prompting cybersecurity experts to warn that artificial intelligence is making it easier for attackers to identify system vulnerabilities.

By The Financial District
Oct 222 min read
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