Elena Voss
Meta to build C$13 billion data center in Alberta for AI operations
Meta has announced plans for a 2.9 million square foot data center in Sturgeon County, marking the company’s first such investment in Canada. The project aims to support global artificial intelligence operations and will include significant infrastructure funding.
Id Software lays off 50 percent of its workforce in Xbox restructuring
Id Software faces a period of uncertainty after a workforce reduction of approximately 50 percent. Industry observers express concern that the departure of key technical staff could impact the studio's proprietary id Tech engine.
SK Hynix 28 billion dollar US IPO draws heavy institutional demand
SK Hynix 28 billion dollar US IPO draws heavy institutional demand
USPS raises price of first-class Forever stamp to 82 cents
The U.S. Postal Service is increasing stamp prices and mailing fees to address financial instability and rising operational costs. See how the adjustments affect domestic and commercial shipping.
Xbox to cut 3,200 jobs and spin off four studios in major restructuring
Microsoft is restructuring its Xbox division by cutting 20% of its workforce and divesting four studios to address profitability and internal complexity. The company also plans to flatten its management structure and consolidate operations under a new Chief Operating Officer.
Dollar near two-week lows
Dollar near two-week lows
Molly Tea ordered to pay Louis Vuitton $1.5m for trademark infringement
A Suzhou court ordered Molly Tea to pay damages and issue a public apology for infringing on seven of Louis Vuitton's registered four-petal flower trademarks.
Boutique condos likely to have more quality defects: BCA
Singapore's Building and Construction Authority reports a higher incidence of workmanship defects in small-scale boutique condo projects. New regulatory frameworks are now in place to hold developers accountable for construction quality.
Starlink imposes demand surcharges of up to 1,500 dollars on customers
SpaceX has implemented a dual-tracked pricing strategy that features steep demand surcharges alongside hardware and monthly plan discounts. The shift has caused user frustration regarding automated billing errors and limited high-speed alternatives in rural areas.
US and Japan Hold Key Patents In Rare Earth Tech, Study Finds
While China dominates global rare earth mining and processing, a new study finds that the US and Japan hold the core patents for advanced applications.
AMMON rejects sabotage claims
AMMON rejects sabotage claims
Roberts Bank Terminal 2 expansion to support new southern pipeline route
The federal government and British Columbia have launched a major infrastructure initiative to connect Alberta crude to Pacific markets via an expanded Roberts Bank terminal. The project aims to drive $3 billion in annual economic growth while facing scrutiny over potential environmental impacts.
AI token expenditure index declines as pricing power concerns mount
A decline in the Silicon Data LLM Token Expenditure Index has fueled market skepticism regarding the sustainability of the current AI infrastructure boom.
Canada advances new West Coast pipeline to boost oil exports to Asia
Prime Minister Mark Carney and Alberta Premier Danielle Smith announced a joint partnership to construct a major oil pipeline to the Pacific Coast. The project aims to increase oil exports to Asia while incorporating new industrial carbon pricing and carbon capture commitments.
OpenAI discusses giving 5 percent stake to US government
The proposal aims to align private AI development with public interests through an entity modeled after the Alaska Permanent Fund. OpenAI executives are engaging with administration officials regarding this potential legislative initiative.
Lactalis fined $59,400 for misleading fresh milk labelling
Lactalis Australia has paid $59,400 in penalties for making misleading representations by labelling milk containing reconstituted ingredients as fresh.
OpenAI proposes giving US government 5% stake to ease political scrutiny
OpenAI is in discussions to offer the U.S. government a 5% equity stake in the firm as a strategy to distribute the economic gains of artificial intelligence.
Trump reported over $1 billion in income from crypto ventures last year
A federal financial disclosure reveals that President Donald Trump's cryptocurrency initiatives generated over $1 billion in 2025. The earnings have drawn scrutiny regarding potential conflicts of interest.
Anthropic restores access to Fable and Mythos after US lifts export ban
Following a weeks-long standoff with the Trump administration, Anthropic is permitted to export its advanced AI systems under new security agreements.
Trump drops restrictions on Anthropic's Mythos and Fable models
Trump drops restrictions on Anthropic's Mythos and Fable models