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This Chinese Tech Giant Quietly Cut Its Buyback 80% to Fund AI
Alibaba slashed share buybacks 80% year-over-year while capital expenditures for AI infrastructure surged 75%, as management prioritizes artificial intelligence development over shareholder returns.
Vistra Is the Quietest Big Winner of the AI Power Boom. Here’s Why.
Independent power producer Vistra is positioned to benefit from surging data center electricity demand driven by artificial intelligence investments, with long-term contracts securing its cash flow.
There Are Scores of Great New Animated Shows. The Emmys Won’t Nominate Them.
The Emmys’ animated program category repeatedly nominates long-running shows like The Simpsons and South Park while overlooking newer series with innovative storytelling and fresh creative approaches.
Dr. Dre Says the Only People Who See AI as a Threat Are Those ‘Who Have Trouble Creating’
Dr. Dre characterized AI as a creative tool similar to synthesizers, stating that only people struggling with creativity view it as threatening. The legendary producer is actively using AI technology in his music work.
Trending COVID 19 News
France links sharp rise in drownings to prolonged heatwaves
France has recorded 301 drownings since mid-June, representing a 14% increase compared to the previous year, with officials attributing the rise to prolonged heatwaves affecting the country.
Canada, US and tit-for-tat tariffs: How will they impact their economies?
Canadian Prime Minister Mark Carney announced retaliatory tariffs matching US duties after negotiations collapsed, with economists warning both nations face significant economic pain from the escalating trade dispute.
Iran war: Top US lawmaker says Republicans can ‘absolutely’ win midterms
House Speaker Mike Johnson expressed confidence Republicans will retain control of Congress in November midterm elections despite ongoing war with Iran and public opposition to the conflict.
Iranian families struggle to afford the basics as US ratchets up economic warfare
Iranian families face severe economic hardship as sanctions and naval blockades intensify during the ongoing conflict, with food prices surging and unemployment rising significantly.
Pine-cone grenades and planet-baking carbon: the French fires 170 years in the making – a visual guide
France experienced unprecedented summer wildfires that burned more land than ever recorded and displaced more people since World War II, with conditions rooted in forestry decisions from 170 years ago.
Buc-ee’s chain draws outcry in Ohio for launching fight over a mini mart’s beaver logo
Buc-ee’s convenience store chain sued Beaver’s Mini Mart in Ohio over trademark infringement, sparking public backlash, boycotts, and support from comedian John Oliver and state officials.
Wicker Man director’s sons complete their late father’s film trilogy
Director Robin Hardy’s sons have completed their late father’s envisioned trilogy with a third film, Wrath of the Gods, premiering at FrightFest after discovery of original scripts in a family archive.
Dozens of co-ordinated arson attacks hit southern Thailand
More than 50 coordinated arson attacks struck southern Thailand’s border provinces, injuring at least two people and targeting government buildings, stores, and infrastructure amid an ongoing regional insurgency.
Holding election in wartime would risk destroying Ukraine, says Zelenskyy
Ukrainian President Zelenskyy says holding elections during wartime would risk splitting the country as Russia accumulates ballistic missiles and considers mobilizing additional forces.
Stephen Pedley obituary
Stephen Pedley, who served as bishop of Lancaster from 1998 to 2005, has died at age 85. Known for his infectious laughter and pastoral gifts, he was regarded as a devoted Church of England clergyman throughout his ecclesiastical career.
Wildfire started by humans approaches Reno, Nevada, forcing thousands of evacuations
A rapidly spreading wildfire in northwest Reno, Nevada, destroyed homes and forced approximately 90,000 people to evacuate Sunday. Authorities determined the human-caused Hawk Fire was uncontained and growing unpredictably due to shifting winds.
Becerra, running for governor of California, faces a health insurance problem
Xavier Becerra, California’s Democratic gubernatorial candidate, campaigns on healthcare achievements while facing an anticipated near-doubling of uninsured Californians by 2030 due to Medicaid and ACA marketplace cuts.