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Microsoft Teams Has Become a Haven for Scammers in China
2+ week, 1+ day ago (761+ words) Zhao, a 30-something woman living in Beijing, says she lost over $100,000 in May to a romance scammer who claimed to be a researcher working for Microsoft. After initially chatting Zhao up on the Chinese social media platform Xiaohongshu, he asked…...
The Treasury’s recent moves in the bond and currency markets add up to ‘soft-form financial repression’ to lower debt cost
2+ week, 6+ day ago (621+ words) With U.S. debt hitting $40 trillion, markets are turning more attention to that burden and whether policymakers will address the root causes or just the symptoms. The Treasury Department’s interventions in the bond and currency markets in recent weeks point to the…...
Texas Gov. Greg Abbott says data centers deserve the backlash they’re getting: ‘They basically dug their own grave&#
2+ week, 6+ day ago (340+ words) The AI industry is reaping what it sows, as far as Texas Gov. Greg Abbott is concerned. Abbott said the sharp criticism Americans are lobbing at AI data centers is well-earned during an interview on ABC’s “This Week” on Sunday....
Tallying – DNYUZ
2+ week, 6+ day ago (254+ words) I tally the dead. I tally today’s dead. I seek a tally of the dead or seek yesterday’s dead. I try to count them, the dead. Reports tell me there are, today, more dead. I announce the dead—the house…...
Data Centers Are Sucking Up So Many Construction Workers That There Isn’t Anybody Left to Build Houses, Expert Says
2+ week, 6+ day ago (327+ words) Earlier this week, Bloomberg reported that pending home sales in the US had dropped to their lowest level in three years. That coincided with a sharp drop in construction of new homes, which plummeted to the lowest level in over…...
Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them
3+ week, 27+ min ago (723+ words) Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says taxing them 5% cuts you a check The richest person in the world and the most well-known person leading the cause against creating more people…...
Kyrsten Sinema: Communities deserve the facts on data centers
3+ week, 2+ hour ago (559+ words) Regarding the Aug. 12 news article “The data center backlash is building, just in time for the midterm elections”: The communities opposing the construction of new data centers are not wrong to ask hard questions. However, it’s unfortunate that many of…...
The internet always routes around the censors
3+ week, 2+ hour ago (396+ words) The first time I was the internet’s “main character” was way back in 2003. I deserved it, as much as anyone can. Still seething from 9/11, I’d blogged something very stupid and wrong about violent anti-war protests. The internet was a much…...
The Data Center Backlash Bursts Into the Midterms
3+ week, 3+ hour ago (1408+ words) The fight over data centers is suddenly at the epicenter of the midterm elections. “It’s very much a bottom up, organic movement,” said Anna Greenberg, a veteran Democratic pollster, who said that while people’s views on data centers were largely…...
Expert on Financial Crises Says the Signs Are Impossible to Miss
3+ week, 3+ hour ago (395+ words) Earlier this week, the European Central Bank issued a dire warning, warning that a “market correction” following years of AI hype and massive spending could be nigh — a crash that could have enormous international consequences. It joined a growing chorus…...