SoftBank Profit Doubles to $16.6B on OpenAI Windfall

SoftBank Profit Doubles to $16.6B on OpenAI Windfall

Japan’s SoftBank Group reported Tuesday that its second-quarter net profit more than doubled to 2.5 trillion yen ($16.6 billion), driven by explosive valuation gains in its holdings of OpenAI. The results crushed analyst expectations and underscored how the artificial intelligence…

Democracy Dies While Bystanders Just Watch

Democracy Dies While Bystanders Just Watch

President Trump’s daily attacks on constitutional rights and the rule of law mirror a chilling historical pattern: the bystander effect that psychologists identified after Kitty Genovese’s death in 1964. As democracy faces its gravest threats, elected leaders and institutions assigned…

Leaked Docs: Meta Profits Big From Scam Ads

Leaked Docs Meta Profits Big From Scam Ads

Meta is expected to make billions from scam ads in 2024, with leaked internal files showing the social media giant planned to pocket roughly $16 billion—about 10 percent of total earnings—from running ads that peddle scams and banned goods, according…

Cornell Pays $60M to Save Federal Research Funds

Cornell Pays $60M to Save Federal Research Funds

Cornell University announced Friday it has reached an agreement with the Trump administration to unlock more than $250 million in federal research funding that had been frozen for months. The deal ends ongoing federal investigations into claims the Ivy League…

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