Southwest Power Pool wants to fundamentally change how transmission gets planned and paid for. The proposal comes as the region faces 11% demand growth in just four years and a massive 130 GW interconnection backlog.
Nvidia is investing $100 billion in OpenAI, who then buys Nvidia chips. Oracle lands a $300 billion deal with OpenAI, then buys $40 billion in Nvidia hardware. The money just keeps circulating among the same players in what critics call a modern dot-com bubble.
FreeBSD has been officially added to the OCI runtime specification with version 1.3. This means FreeBSD users can now leverage the full container tool ecosystem with confidence using standardized specifications.
Nintendo just reported staggering financial results, with Switch 2 sales driving a 90% revenue surge. The console has already sold over 10 million units since its June launch, forcing the company to dramatically upgrade its sales forecasts.
The bidding war for obesity drugmaker Metsera just escalated dramatically. Novo Nordisk’s new $10 billion offer tops Pfizer’s $8.1 billion bid, with Metsera calling the Danish company’s proposal “superior” in the race for weight loss drug dominance.
DragonForce has emerged as a new ransomware threat using Conti’s leaked source code. The group has shifted to a cartel model that encourages branded variants and has partnered with notorious access brokers.
Apollo Global just reported near-record profits despite investor fears about falling interest rates. The investment giant’s lending volumes surged 40% to $273 billion over the past year, with massive loans to companies like Intel and EDF.
UK regulators are conducting an in-depth investigation into the Getty-Shutterstock merger. The deal faces scrutiny over potential price hikes and reduced competition in the stock image market.
The UBS chairman’s warning about insurers’ private credit assets signals a potential systemic risk brewing in financial markets. This emerging crisis mirrors the pre-2008 environment with dangerous ratings arbitrage practices. The insurance industry’s $3 trillion private credit exposure could trigge
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