Big Tech Keeps Its A.I. Data Center Spending Boom Alive

Wall Street went into panic mode about two weeks ago after the Chinese start-up DeepSeek released an artificial intelligence system that appeared to be radically more efficient than what its American competitors had built. The investors who had pumped trillions of dollars into tech stocks over the last few years worried whether the tens of … Read more

The Fight for the $150 Million Emerald Industry in Colombia

Colombia produces the world’s most expensive emeralds. The highest-quality stones can be worth tens of thousands of dollars per carat. Miners have fought over these treasures for centuries, but in the past decade, foreign investors have modernized and consolidated the industry. The newcomers have brought safety and new jobs to the area, but there’s little … Read more

From COBOL to chaos: Elon Musk, DOGE, and the Evil Housekeeper Problem

It’s incredibly hard to protect a system from someone—the evil housekeeper from DOGE—who has made their way inside and wants to wreck it. This administration is on the record as wanting to outright delete entire departments. Accelerationists are not only setting policy but implementing it by working within the administration. If you can’t delete a … Read more

Amazon, Google, Microsoft, and Meta push AI spending to new heights, set to surpass $320 billion this year

Cutting corners: The artificial intelligence arms race among tech giants is reaching new heights as industry leaders unveil ambitious spending plans for 2025. This surge in expenditure comes despite recent developments suggesting that such massive investments might not be necessary – namely, the sudden (and arguably too early to call) success of Chinese startup DeepSeek, … Read more

France Investigates Musk’s X Over Alleged Algorithm Manipulation

Key Takeaways French prosecutors launched a probe into X on February 7 after lawmaker Eric Bothorel reported concerns about biased algorithms manipulating automated data processing. The cybercrime unit is conducting technical checks, while X has yet to respond. The European Union is investigating X under the Digital Services Act (DSA), demanding internal algorithm documents by … Read more

Parents suing TikTok over children’s deaths say it ‘has no compassion’

Laura Kuenssberg Presenter, Sunday with Laura Kuenssberg BBC From left to right: Parents Hollie Dance, Lisa Kenevan, Liam Walsh and Ellen Roome The four British families suing TikTok for the alleged wrongful deaths of their children have accused the tech giant of having “no compassion”. In an exclusive group interview for BBC One’s Sunday with … Read more

Ransomware payment value fell over 30% in 2024

The total value of payments made to cyber criminal ransomware gangs fell dramatically in the back half of 2024, and according to statistics released this week by Chainalysis, a supplier of blockchain and crypto services, less than half of victims of recorded incidents even made a payment. Chainalysis found that over 2024 as a … Read more