Senates Passes $95 Billion Aid Bill For Ukraine, Israel And Taiwan, Forces Sale Of TikTok

zerohedge.com Senates Passes $95 Billion Aid Bill For Ukraine, Israel And Taiwan, Forces Sale Of TikTok The republicans do what they always do best: fold like cheap lawn chairs. Moments…

IBM nearing deal for cloud software provider HashiCorp, source says

finance.yahoo.com International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a person familiar with the matter. Hashicorp's stock surged 24%,…

Caitlin Clark is set to sign a new Nike contract valued at $28 million over 8 years, reports say

chicagotribune.com Caitlin Clark appears to be on the cusp of setting another record. The most prolific scorer in NCAA Division I history and the No. 1 overall pick in the WNBA draft will…

Caitlin Clark is set to sign a new Nike deal valued at $28 million over 8 years, reports say

apnews.com Caitlin Clark appears to be on the cusp of setting another record. The most prolific scorer in NCAA Division I history and the No. 1 overall pick in the WNBA draft will…

Sources: AI search engine Perplexity is raising $250M+ at a $2.5B-$3B valuation with interest from previous backers NEA and IVP

techcrunch.com Perplexity, the AI search engine startup, is a hot property at the moment. TechCrunch has learned that the company is currently raising at least $250 million more at a…

Moscow court upholds pretrial detention of jailed reporter Evan Gershkovich

pbs.org Wall Street Journal reporter Evan Gershkovich will remain jailed on espionage charges until at least late June, after a Moscow court on Tuesday rejected his appeal that…

Israel Prepares Rafah Evacuation With Help From US, Egypt

zerohedge.com Israel Prepares Rafah Evacuation With Help From US, Egypt - New Tent City Erected Via The Cradle The Israeli army is closing in on completing its plans for an assault on the…

Taiwan Shaken by 200 Quakes, TSMC Operations Unaffected

asiafinancial.com Taiwan was hit by more than 200 earthquakes overnight but only minor damage was reported and tech giant TSMC said its operations were unaffected. The eastern county of…

Today's Logistics Report: Nike's Wholesale Turnaround; Levi's Going Direct; China's Mega Shipyards

createsend.com Honda is nearing a deal to assemble electric vehicles and components in Ontario, Canada. (WSJ) Kroger and Albertsons will sell more than 160 additional stores under a plan…

US to Sanction Chinese Banks Helping Russian War

asiafinancial.com The US is drawing up sanctions that could cut some Chinese banks from the global financial system, according to the Wall Street Journal. Secretary of State Antony Blinken,…

Alienating Tesla Buyers by the Cybertruckload

ritholtz.com Back in December 2022, I hypothesized that Elon Musk’s antics and his newfound desire to own the Libs were going to destroy Tesla’s appeal to many of his most important…

Inside the Race to Revolutionize Quantum Computing

wsj.com AI is the technology trend of the moment—but what’s 10 years down the road? Some experts say quantum computing will be the next game changer. WSJ visited IBM’s quantum…

Hackers Were in Change Healthcare System 9 Days Before Ransomware Attack

pymnts.com Hackers were reportedly in the networks of UnitedHealth Group’s Change Healthcare unit for days before launching their ransomware strike. They gained entry to the networks…

Saudi Arabia clashes with West over Chinese green tech

semafor.com Semafor Signals Supported by Insights from Bloomberg, Center for Strategic and International Studies, and The Wall Street Journal. The News The head of Saudi Arabia’s state…

OpenAI CEO Sam Altman invests in solar power firm Exowatt to fuel AI datacenters

theregister.com Solar energy company Exowatt has launched with the financial support of OpenAI CEO Sam Altman, alongside two other investors. It's not clear how much Altman is ploughing…

Commerzbank Fined for Money Laundering Compliance Failure

pymnts.com A German financial regulator has reportedly fined Commerzbank $1.5 million for anti-money laundering violations. BaFin said Monday (April 11) that the bank failed to update…

Levi’s Finds D2C Business Provides Greater Consumer Trend Insights

pymnts.com Levi Strauss has found that selling through its own stores gives it greater insights into consumer trends. The company’s D2C channels also allow it to test new products…

Why America's System for Investigating Child Exploitation Online Isn't Working

wsj.com A WSJ analysis and a Stanford report find the National Center for Missing and Exploited Children is contending with outdated technology and legal constraints as the number…

Today's Logistics Report: Labor's Southern Strategy; Double Brokered Fraud; Trade in Conflict

createsend.com The dollar has gained 9% against the yen and recently hit a 34-year high against the Japanese currency. (WSJ) Schneider Electric is in talks to take over…

Sam Altman Powers Up America With Clean Energy Startup Investment

zerohedge.com Sam Altman Powers Up America With Clean Energy Startup Investment Sam Altman and venture capital firm Andreessen Horowitz are betting on solar power and energy storage that…

Discord CEO Jason Citron makes the case for a smaller, more private internet

dcs.megaphone.fm Today, I’m talking to Jason Citron, the co-founder and CEO of Discord, the gaming-focused voice and chat app. You might think Discord is just something Slack for gamers, but…

Bigger Is Still Better in the S&P 500

thedailyupside.com Apple and Tesla’s fall and the contraction of the Magnificent Seven belies a central fact in the stock market today: bigger is way better. Size has been a predictive factor…

People Who Rent Will Decide the 2024 Presidential Election

zerohedge.com People Who Rent Will Decide the 2024 Presidential Election By Mish Shdlock of MishTalk Immigration won’t decide the election. Polls have not yet captured what will. This may…

Airlines Fly Hundreds of Billions in Dirty Cash for Global Money Launderers

pymnts.com Each year, money launders funnel $2 trillion in ill-gotten gains into the financial system. And as The Wall Street Journal (WSJ) reported Sunday (April 21), a lot of that…

Ferrari's CEO likes to run the luxury car company like a tech startup

aol.com None Benedetto Vigna has been Ferrari's CEO since 2021, overseeing the company's transition to EVs. • None His background is in tech, with previous experience as an…

Puts on Bayer? "Pharmaceutical giant Bayer is getting rid of bosses and asking staff to ‘self-organize’ to save $2.15 billion"

fortune.com In a bid to claw back $2.15 billion, the struggling pharmaceutical giant Bayer CEO is doing away with middle managers and 99% of the company’s 1,362-page corporate handbook,…

Israeli Security Chief Slams 'Lame' Attack On Iran, Deepening Division Among War Leaders

zerohedge.com Israeli Security Chief Slams 'Lame' Attack On Iran, Deepening Division Among War Leaders Days ago, The Wall Street Journal featured a headline that underscored Israel's war…

Saturday assorted links

marginalrevolution.com 1. Ross Douthat on whether the internet is the enemy of progress (NYT). 2. “This year, Sara and Justin Ilse finished building a floor for their home’s 230-square-foot…

Amazon went undercover to gather rival intel for nearly a decade

morningbrew.com Burner emails, a shell company, undercover conference attendees: It’s a setup that would usually involve Ethan Hunt busting through a skylight or free-soloing an office…

Apple pulls WhatsApp and Threads from App Store in China [U: Signal and Telegram]

9to5mac.com Update: Both Signal and Telegram have been removed at China’s insistence as well. Apple statement in story. Apple has removed two Meta apps from the App Store in China at…

The media has entered a less-is-more era

simonowens.substack.com Welcome! I'm Simon Owens and this is my media industry newsletter. If you've received it, then you either subscribed or someone forwarded it to you. If you fit into the…

Not all traffic sources are created equal

simonowens.substack.com Welcome! I'm Simon Owens and this is my media industry newsletter. If you've received it, then you either subscribed or someone forwarded it to you. If you fit into the…

How Travis Kelce's mom just low-key supported Taylor Swift's new album

newsweek.com Entertainment gossip and news from Newsweek's network of contributors Travis Kelce has yet to publicly react to the release of The Tortured Poets' Department, but his mom…

Why so many publishers have failed at copying Wirecutter

simonowens.substack.com Welcome! I'm Simon Owens and this is my media industry newsletter. If you've received it, then you either subscribed or someone forwarded it to you. If you fit into the…

New polling shows many voters unfamiliar with Biden climate law, despite economic benefits

axios.com A pair of things crossed my screen that together show the growing economic effect of low-carbon tech — and the tricky domestic politics of energy transition. Why it matters:…

Someone reportedly recorded sitting in United Airlines airplane cockpit during Colorado Rockies team trip

cbsnews.com The FAA and United Airlines are both investigating the report of someone other than a pilot sitting inside the cockpit of an airplane during a recent Colorado Rockies team…

Social Platforms and PayFacs Power Monetization of the Creator Economy

pymnts.com Whether it’s a viral Instagram post, an informative YouTube video, or a thought-provoking blog article, content creators are playing a pivotal role in shaping online…

Mysterious Iranian 'Spy' Ship Returns Home As Israel-Iran Conflict Worsens

zerohedge.com Mysterious Iranian 'Spy' Ship Returns Home As Israel-Iran Conflict Worsens A suspected Iranian spy ship that its own government calls an "intelligence and logistics" vessel…

Today's Logistics Report: nside Amazon's 'Project Curiosity'; China's Steel Floods Global Markets

createsend.com Workers filled orders at an Amazon fulfillment center in Garner, N.C., in 2021. PHOTO: JEREMY M. LANGE FOR THE WALL STREET JOURNAL Big River Services certainly looks like a…

Biden Pushing Pipe-Dream Of Israel-Saudi Mega Deal Based On Palestinian State Recognition

zerohedge.com Biden Pushing Pipe-Dream Of Israel-Saudi Mega Deal Based On Palestinian State Recognition The Biden administration is keeping its dream of seeing Saudi-Israeli diplomatic…

U.S.A. fact of the day

marginalrevolution.com Latin American immigrants are starting businesses at more than twice the rate of the U.S. population as a whole. The jump in Latino entrepreneurship has driven up the…

Vol. 37, No. 4: Nautical Terms

wsj.com In the latest WSJ copy-editing bulletin, some reminders about ship terminology. (Ships don’t have walls; they have bulkheads.)

WSJ investigative reporter Mullins is leaving

talkingbiznews.com Brody Mullins, an investigative reporter in the Washington bureau of The Wall Street Journal where he covers business, lobbying and campaign finance, is leaving the paper…

Disney just fought off a shareholder revolt

dcs.megaphone.fm Today, we're talking about Disney, the massive activist investor revolt it just fought off, and what happens next in the world of streaming. Because what happens to Disney…

Donald Trump Hush Money Trial Live Updates: Seven Jurors Selected, Process Resumes Today

newsweek.com Who are the seven jurors selected so far? So far, seven jurors have been selected. The group includes four men and three women. Two jurors are lawyers. Here's what we know…

Today's Logistics Report: Logistics Property Market Stumbles; Scrutiny on Boeing's Supply Chain

createsend.com Japan’s exports grew 7.3% in March, the fourth straight month of expansion. (WSJ) Copper and aluminum prices both reached annual highs on rising global demand and tight…

Why companies keep betting — and losing

aol.com Prince Harry and Meghan Markle seem like lovely people. Despite some harrowing experiences throughout their love story, they appear to be well-meaning, and they have two…

AI & Data Center Load Growth: On-Site Generation, Not Government Planning

masterresource.org Several recent articles have highlighted that artificial intelligence (AI) and data centers are increasing electricity usage, creating concern about adequate supply and its…

Is Apple an Illegal Monopoly? Antitrust Lawyer Breaks Down U.S. v. Apple

wsj.com The Department of Justice is claiming that Apple is an illegal monopoly, hanging its case on a century-old law called the Sherman Act. WSJ breaks down the DOJ’s legal…

Dealmaking Is Coming Back

thedailyupside.com Wall Street’s done trying to time the Fed. With no interest-rate cuts by the Federal Reserve until maybe the end of the year — if at all — US companies and financial…

The US freight recession keeps getting deeper

aol.com None J.B. Hunt stock slid as much as 13% on Wednesday after an earnings report that missed estimates. • None Demand for its freight services was weaker than expected in the…