SoftBank pledges 45 billion euros for French data centers Japanese tech conglomerate SoftBank has announced a 45 billion euro investment to build three new data centers in France by 2031. pexels
AI developer Anthropic files for IPO at $965 billion valuation Artificial intelligence startup Anthropic has submitted a confidential filing for an initial public offering with the U.S. Securities and Exchange Commission, targeting a market valuation near $1 trillion. Lucía Paredes
Cash Shoppers Subsidize Luxury Credit Card Perks as Swipe Fees Surge A Harvard Business School study estimates that cash and debit card users effectively transfer $30 billion annually to affluent credit card holders through inflated retail prices. pexels
US appeals court rejects billionaire’s bid to reclaim $300 million superyacht The Second Circuit ruled that Eduard Khudainatov lacks legal standing to contest the seizure of the Amadea, affirming his role as a straw owner for sanctioned oligarch Suleiman Kerimov. Lucía Paredes
USDA launches $16 million cotton bailout as trade wars stifle exports The USDA is initiating a new price-floor subsidy for cotton farmers to offset losses stemming from the Trump administration's ongoing trade disputes. pexels
Geopolitical shifts threaten long-term dollar dominance in global debt markets A new NBER working paper warns that rising trade barriers could trigger a self-reinforcing cascade of sovereign debt restructurings from dollars to yuan. pexels
Macron courts billions in AI investment at Versailles summit President Emmanuel Macron is hosting 200 global executives at the 'Choose France' summit to secure multi-billion dollar pledges for AI infrastructure and data centers.
Global power grids face $200 billion shortfall as AI demand stalls energy projects Global electricity infrastructure requires a $200 billion annual increase in investment to prevent a total grid breakdown as data centers and AI expansion overwhelm current capacity.
Chilean fiscal debate: Experts warn against 'debt-to-GDP' threshold obsession New government projections show Chile's public debt exceeding the 45% of GDP threshold, prompting economists to clarify that the limit is a risk-management tool, not a fixed economic target.
Ferrari shares drop 8.4% as Jony Ive-designed Luce faces intense backlash Ferrari’s first electric vehicle, designed by Sir Jony Ive, triggered an 8.4% stock decline and sharp criticism from industry veterans following its high-profile unveiling.
Steve Jobs’ Two-Pizza Rule and the war on corporate meetings Steve Jobs enforced a strict 'two-pizza' attendance limit at Apple to prevent bureaucratic bloat and ensure that every meeting participant held a critical, technical role.
Televisa shifts strategy to monetize short-form content on TikTok and YouTube TelevisaUnivision is pivoting its business model to partner with viral platforms like TikTok, aiming to monetize its content through new micro-drama formats and digital advertising.
