Business & Technology
AI Data Centers' Water Use: Globally Modest, Locally Significant
While the total water consumption of AI data centers is negligible on a global scale, they can have a substantial impact on local water resources, especially in water-scarce regions.
Ars Technica · 13 Jun, 02:21
Meta's AI Unit Faces Employee Revolt, Engineers Call It 'Soul-Crushing Gulag'
Meta's three-month-old Applied AI unit, comprising about 6,500 engineers and product managers, is reportedly on the verge of revolt, with employees describing the work as monotonous and forced, leading to a protest and leaked internal tensions.
TechCrunch · 13 Jun, 02:20
Robinhood sees ‘record-breaking’ traffic after SpaceX stock debuts
SpaceX shares began trading on Nasdaq, surging about 11% immediately, pushing the company's valuation past $2 trillion and making Elon Musk the world's first trillionaire. Robinhood experienced record traffic, though some users faced latency and intermittent issues.
TechCrunch · 13 Jun, 01:19
Former LHV Head Madis Toomsalu to Join Board of Latvian Financial Concern INDEXO
Latvian financial concern INDEXO, which includes a recently established retail bank, has invited former Estonian financial concern LHV head Madis Toomsalu to join the boards of its main companies.
ERR (rus) · 13 Jun, 01:19
Meta’s New AI Unit Faces Employee Frustration and Low Morale
Meta employees express anger and dissatisfaction with the company's newly formed Applied AI unit, citing menial tasks and low morale, while internal meetings reveal growing tensions.
Wired · 13 Jun, 01:19
Politics Threaten the Independence of the National Academies of Science
The U.S. National Academies of Sciences, which have provided scientific advice to the government since the Civil War, face escalating political pressure from Republicans, particularly over acknowledging climate change and attributing weather events to human activity.
Ars Technica · 13 Jun, 00:18
Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut
Elon Musk became the world's first trillionaire on Friday after shares in his SpaceX rocket company surged during its historic stock market debut. The milestone has sparked debate over wealth inequality.
BBC World · 13 Jun, 00:17
Jeff Bezos' New Startup Prometheus to Focus on 'Artificial General Engineer'
Jeff Bezos' startup Prometheus has raised $12 billion to develop physical AI that speeds up the invention loop.
Ars Technica · 12 Jun, 23:22
Jeff Bezos’ New Startup Prometheus Raises $12 Billion to Build an ‘Artificial General Engineer’
Jeff Bezos’ startup Prometheus, focused on physical AI, has raised $12 billion in a new funding round. The company aims to create an 'artificial general engineer' to accelerate the invention cycle.
Ars Technica · 12 Jun, 23:22
REHAU Factory Construction Completed in Klaipėda Free Economic Zone
The construction of a REHAU micro cable pipe factory in the Klaipėda Free Economic Zone has been completed by Finnish developer YIT Lietuva. The plant will produce floor heating pipes and is expected to create around 100 jobs initially.
15min · 12 Jun, 23:22
Iute bond volume reaches EUR 300 million on European capital markets
Iute Group's total bond volume has reached EUR 300 million after a tap issue, with bonds now trading on Nasdaq Tallinn and the Frankfurt Stock Exchange.
The Baltic Times · 12 Jun, 23:21
Construction of REHAU factory in Klaipėda FEZ completed
Finnish developer YIT Lietuva has completed a nearly 20,000 sqm micro cable pipe factory in the Klaipėda Free Economic Zone. The project, launched in December 2020, has already produced first test products and is fully ready for production.
15min · 12 Jun, 23:21
Ukrainian AI fintech startup chooses Doha as base after securing Qatari backing
The startup GRO, founded by Mariia Shevchenko and a team of Ukrainian and German co-founders, is relocating to Doha with support from a new Qatari venture fund.
Euronews Business · 12 Jun, 23:21
New K Senukai store opens in Ogre with nearly €2 million investment
Retail chain K Senukai has opened a new store in Ogre, investing nearly €2 million and creating more than 40 jobs.
Dienas Bizness · 12 Jun, 23:20
Ukrainian AI fintech startup GRO moves to Doha after securing Qatari backing
Ukrainian AI fintech GRO, after receiving Qatari investment, relocates its headquarters to Doha and plans expansion in the Middle East.
Euronews Business · 12 Jun, 23:20
New K Senukai store opens in Ogre with nearly €2 million investment
With an investment of almost €2 million, a new K Senukai store has opened in Ogre, offering a wide range of products and creating more than 40 jobs.
Dienas Bizness · 12 Jun, 23:20
Experts Doubt Claims That China Is Funding US Data Center Protests
Right-wing officials and investors accuse China of backing data center opposition, but experts say resistance is largely organic.
Wired · 12 Jun, 23:19
Google sues Chinese cybercrime operation that used AI to send scam texts
Google has filed a lawsuit against an alleged Chinese cybercrime network called Outsider Enterprise, which used AI to send scam text messages impersonating Google and other brands to steal passwords and credit card numbers. The network has scammed hundreds of thousands of victims, with losses estimated in the millions.
TechCrunch · 12 Jun, 23:19
Google sues Chinese cybercriminals for using AI to send scam texts
Google has filed a lawsuit against the alleged Chinese cybercrime network Outsider Enterprise, which used artificial intelligence to send scam text messages impersonating Google and other brands to steal passwords and credit card numbers, affecting hundreds of thousands of victims and causing millions in losses.
TechCrunch · 12 Jun, 23:18
Controversial FISA spying law expires tonight; surveillance will continue
Title VII of the Foreign Intelligence Surveillance Act (FISA) expires at midnight after Congress failed to extend it. However, government surveillance powers will not cease because existing certifications remain valid until March 2027.
Ars Technica · 12 Jun, 23:18
Controversial FISA Spying Law Expires Tonight, But Surveillance Continues
Title VII of FISA, including Section 702, officially expires at midnight, but experts confirm that current certifications allow warrantless surveillance to continue until March 2027.
Ars Technica · 12 Jun, 23:18
Robinhood Experiences Outages on SpaceX IPO Day
The trading platform faced technical issues as record-breaking traffic hit during the first day of public trading for SpaceX shares.
Engadget · 12 Jun, 23:18
SpaceX IPO causes Robinhood outages for some users
Trading platform Robinhood experienced technical issues during SpaceX's IPO day, as user traffic overwhelmed its systems.
Engadget · 12 Jun, 23:17
Nothing CEO warns phone prices will keep rising
Nothing CEO Carl Pei warns that phone prices will continue to increase due to a RAM shortage, and that this year's sale season won't offer the usual discounts.
The Verge · 12 Jun, 23:17
PeopleSoft zero-day affects hundreds of organizations, steals gigabytes of data
Active exploitation of a PeopleSoft zero-day vulnerability has led to data theft from hundreds of organizations, with stolen information published by the ShinyHunters group. Security firms Mandiant and Rapid7 are providing guidance.
Ars Technica · 12 Jun, 22:55
SpaceX President Gwynne Shotwell Hints at Potential Tesla Merger Again
SpaceX president Gwynne Shotwell said in a CNBC interview that a merger with Tesla might make Elon Musk's life easier, while SpaceX has already added risk language about future equity issuance in its S-1 filing ahead of its IPO.
TechCrunch · 12 Jun, 22:55
DJI and Insta360 are in a patent battle over vlogging cameras
DJI and Insta360 have filed lawsuits against each other, alleging patent infringement over competing self-stabilizing cameras.
Engadget · 12 Jun, 22:55
Sam Bankman-Fried's Fraud Conviction Appeal Denied
A federal appeals court has upheld Sam Bankman-Fried's conviction for fraud, calling the evidence against him 'robust'. He still has options for further appeals or a retrial.
Engadget · 12 Jun, 22:06
$130 Billion in Data Center Projects Blocked by Protests So Far This Year
In the first quarter of 2026, protests blocked or delayed $130 billion worth of data center projects in the US, a record high. The opposition movement has become a structural shift, influencing elections and regulation.
Ars Technica · 12 Jun, 22:06
Apple Releases a New Version of Siri That Actually Works Well
Apple has launched an updated version of Siri that, based on early impressions, is significantly improved. Tech commentators discuss its impact on users and the AI industry.
The Verge · 12 Jun, 22:06
Mistral AI reportedly in talks to raise €3B at €20B valuation
French AI lab Mistral AI is in early discussions to raise approximately €3 billion, which would value the company at around €20 billion, nearly doubling its previous valuation.
TechCrunch · 12 Jun, 22:05
Chinese Drivers Use Tiny Plastic Heads to Fool Tesla’s Autopilot Safeguards
Tesla owners in China are buying small plastic heads resembling celebrities to trick the car's in-cabin camera, allowing them to be distracted while using driver-assist features.
Wired · 12 Jun, 22:05
Ukrainian AI Drones Autonomously Engaged Targets, Including Soldiers
Two years ago, ten AI-driven Ukrainian drones autonomously identified and destroyed targets, including soldiers, raising ethical concerns. Ukraine publicly denies using such technology without human oversight.
Delfi · 12 Jun, 22:05
SpaceX shares soar 30% on debut, making it the sixth most valuable US company
SpaceX made its public market debut on Monday, with shares jumping to $176 and market capitalization reaching nearly $2.3 trillion, vaulting the company to the sixth most valuable publicly traded firm in the United States.
TechCrunch · 12 Jun, 22:03
SCT Lubricants Develops World-Class Engine Protection Solutions in Lithuania
At the SCT Lubricants factory in Lithuania, advanced oil technologies have been created that significantly extend engine life and reduce wear.
15min · 12 Jun, 22:03
Latvia Faces Claim of Over €14 Million Over Rail Baltica Design Contract
A consultant consortium is demanding over €14 million in arbitration after the termination of a Rail Baltica design contract for the Riga section, while the Latvian Transport Ministry has filed a counterclaim for €3.37 million in penalties.
Dienas Bizness · 12 Jun, 22:02