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1 month ago | 
flipboard.com | Peter S. Green |Peter Gréen
3 hours agoNo matter how much technological progress we make, jobs of the future will require this very human skill. AI is an extraordinary tool that amplifies our cognitive capacity. It can analyze, summarize, and generate content faster than any human. However, AI is only ever as good as the questions we ask …
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2 months ago | 
flipboard.com | Peter S. Green |Peter Gréen
1 hour agoWhy China Is Worried About Trump’s Tariffs on MexicoChina’s exports to developing markets have soared, opening indirect routes to the U.S. market that officials in Beijing worry may be closed under pressure from President Trump. Officials in Beijing are increasingly worried that President Trump’s tariffs on Mexico may be the start of a broad campaign …1 day ago38 of the best AI courses you can take online for freeLearn how to make this technology work for you.
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Jan 17, 2025 | 
cheddar.com | Peter S. Green |Peter Gréen
The fires that were still burning in and around Los Angeles this week are expected to be the most expensive natural disaster in U.S. history, with early estimates suggesting the damage will hit close to $60 billion, with only about a third of that insured. Accuweather says it's estimating the long-term economic damage, counting economic activity lost to the fire, could hit $250 billion.
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Oct 17, 2024 | 
cheddar.com | Peter S. Green
The race to power data centers and AI is reawakening the slumbering U.S. nuclear power industry. Microsoft said last month it had entered a 20-year power purchase agreement to buy electricity from Constellation Energy, which would restart its notorious Three Mile Island nuclear plant in the middle of Pennsylvania's Susquehanna River. This week both Amazon and Google said they're investing in small nuclear reactors as they seek new sources of carbon-free electricity.
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Aug 1, 2024 | 
cheddar.com | Peter S. Green
Can Boeing Finally Get Back on Its Feet? Crashing planes, exploding doors and a corporate culture that put profits ahead of safety and technology are just some of the challenges facing Boeing's new CEO, Robert "Kelly" Ortberg, who takes over next week.
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Jul 25, 2024 | 
cheddar.com | Peter S. Green
Tesla's in the HoleIt's been a bad quarter for the polarizing EV-maker. Profit dropped 45% YOY in Q2, largely because Tesla shaved prices and offered great financing deals to move cars. That boosted sales to 440,000, but cut margins to 6.3% from 9.6%. Profits were $1.5 billion on revenue of $25.5 billion, down from a $2.7 billion profit on revenue of $24.9 billion a year ago.
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Jul 18, 2024 | 
cheddar.com | Peter S. Green
Chipped AwayEven AI chipmakers can't avoid the law of gravity: What goes up, must-eventually-come down. The AI revolution may be delayed, for reasons ranging from power costs to the threat of a trade war with China, plus hints from the Trump campaign that under a second Trump presidency the U.S. might not defend Taiwan, where most of the world's most valuable chips are manufactured.
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Jul 11, 2024 | 
cheddar.com | Peter S. Green
Money manager Bill Hwang managed to lose a $36 billion fortune-and cost shareholders in the companies he targeted about $100 billion-in a series of stock trades that the Feds said were illegal. After a two-month trial and two days of deliberation, a Manhattan jury found him guilty on Wednesday on 10 of 11 counts of securities fraud, wire fraud, conspiracy, racketeering, and market manipulation.
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Jul 4, 2024 | 
cheddar.com | Peter S. Green
Three Cheers for the Nepo-Moguls!Skydance Media is ready to wed Paramount. Skydance, the movie studio created by David Ellison, whose dad, Larry, is the gazillionaire founder of software giant Oracle, has reportedly agreed to pay $1.75 Billion for control of National Amusements, Inc., the holding company of Shari Redstone, whose dad, Sumner, used the one-time movie theater business to acquire CBS, Viacom, Paramount, MTV, and a host of other media properties.
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Jun 28, 2024 | 
cheddar.com | Peter S. Green
Is Nvidia Nvulnerable? Nvidia, the AI chipmaker that earlier this month became the world's most valuable company, this week lost nearly 13% of its value, or almost half a trillion dollars in market cap, before clawing back some of the losses. What's going on with the stock that looked like it was going to power the tech-heavy S&P 500 index to ever greater heights?
