Author: Press Room

The way Jeff Bezos sees it, AI and the data centers that support the novel technology are like knives.”You don’t want to accidentally outlaw the knife because it can be used in a bad way,” the Amazon cofounder said on CNBC on Thursday.”Knives are important tools and yes, every once in a while they get misused by someone, but you don’t say the solution to that isn’t to say, ‘OK, no more data centers, right? No more knives.’ That’s not a smart approach to regulation.”Bezos said that government regulation has a lot of “reasonable” purposes, pointing to federal regulatory agencies…

Share Last updated:  June 12, 2026 Recently, the situation in the Middle East has once again become the focus of global financial markets.According to the latest Reuters report, significant differences remain between the US and Iran regarding the ceasefire agreement and its subsequent implementation details. Although both sides are pushing for the implementation of a phase-one agreement, key issues including energy transportation, security guarantees, and economic sanctions have not been fully resolved, and the market remains highly attentive to future developments. In recent months, influenced by geopolitical tensions, energy price volatility, and rising international settlement costs, the market has begun…

Ukraine has been using new mid-range drones to attack key bridges supplying Russia’s rear forces from the south, and battlefield footage appears to show the tactic inflicting significant damage.The country’s 1st Separate Assault Regiment said it carried out the strikes over the last week on the Armyansk, Henichesk, and Chonhar areas, the three chokepoints between Crimea and the southern front.Bridges in those areas, situated between 50 and 75 miles from the front lines, have been critical to the Kremlin’s logistics routes to the Zaporizhzhia and Kherson regions.In several social media posts over the last five days, the 1st Separate Assault…

I took my first long train ride when I was 18, heading upstate from New York City. I can still remember the view of the gold, rust, and deep-red leaves out the window.I grew up in Hawaii, where there are no trains or fall foliage, so the experience felt completely new to me. That trip stayed with me, and now, I try to travel by train whenever possible.Last year, I traveled through the East Coast and Midwest by rail, and by the time I reached Chicago, I finally decided to give Amtrak’s $499 USA Rail Pass a try.With 10 rides…

SpaceX IPO set to deliver multi-billion dollar windfalls for Founders Fund, Andreessen

Popping the hood is no longer enough to understand what’s wrong with your car.As modern vehicles become computers on wheels, packed with software, sensors, and advanced driver-assistance systems, fixing them increasingly requires access to digital diagnostics, software tools, and manufacturer-specific repair procedures.The REPAIR Act, or the Right to Equitable and Professional Auto Industry Repair Act, aims to create a nationwide auto right-to-repair standard that would require automakers to give car owners and independent repair shops access to the data, repair information, and tools needed to diagnose and fix cars.Backers of the bipartisan bill, including the Auto Care Association (ACA), say…

Filmmaker Spike Lee says he’d trade one of his Oscars to see the Knicks win it all in the NBA Finals.”I got two. I would trade the honorary one and keep the one for screenwriting for ‘BlacKkKlansman,'” Lee said in an interview with CNN published on Thursday. “Trade that in a second.”The filmmaker also hinted he’d be willing to pass on one more movie with longtime collaborator Denzel Washington if it meant a Knicks championship. They have worked together on five films over more than two decades.”Well, Denzel said publicly like he only has two more films and he’s done,”…

Ken Bianco lets out a brief laugh when he hears the question. Open a factory in California — where most of his customers are? “Absolutely not,” says JCB’s vice president of commercial operations, slicing the air with his hand as if swatting away a bothersome fly. “California has become too slow,” he says. “Everything takes too long there — it’s simply not business-friendly.”Bianco is standing in the lobby of construction and industrial equipment manufacturer JCB. To his left sits a model of the world’s fastest diesel engine, to his right a backhoe loader painted with a flame motif. When the…

Earnings Call Insights: Adobe (ADBE) Q2 FY 2026 Management view “We achieved $6.62 billion in revenue in Q2” and “non-GAAP earnings per share was $5.96,” Chairman & CEO Shantanu Narayen said, adding that “strong revenue growth was driven by subscription bookings to revenue conversion” and EPS benefited from “disciplined investments acrossSeeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This…

President Donald Trump has made many changes to Washington, DC, since returning for a second, non-consecutive term. One such change is visible from space.In April, Trump announced that he had chosen Atlantic Industrial Coatings — a contractor he initially said worked on his Virginia golf club before later walking back that claim — to renovate the Lincoln Memorial Reflecting Pool ahead of America’s 250th anniversary, telling reporters its “filthy” water was “not representative of the country.” President Donald Trump with a rendering of his renovations to the Lincoln Memorial Reflecting Pool.  Kevin Dietsch/Getty Images The $14.2 million project, which Trump initially…