Huge congrats to former WSJ colleagues and pals @jeffhorwitz.bsky.social and Tripp Mickle on their Pulitzers
Sometimes you wonder. Bloomberg this morning saying that you can't both believe that AI is a big deal and that we're in a bubble. But you absolutely can! That's exactly the story of the tech bubble of the 90s, major economic impact but not big profits. Sigh.
Our piece on kids of Trump + others in the administration making it big in crypto www.wsj.com/finance/curr...
One Generation Runs the Country. The Next Cashed In on Crypto.
Sons of top Trump administration officials made billions for their families, but their investors didn’t always fare so well.
wsj.com
A new twist: Jared Kushner drops plan for a Trump hotel in Serbia after local backlash www.wsj.com/world/trump-...
Jared Kushner Drops Plan to Build a Trump Hotel in Serbia
For more than two years, the U.S. president’s son-in-law had sought to build a complex of towers in a central Belgrade site once bombed by NATO.
wsj.com
For more than two years, Jared Kushner has sought to build a Trump-branded complex of towers in central Belgrade, Serbia. But the plans are meeting resistance.
Jared Kushner’s Plan to Build a Trump Hotel in Serbia Is Running Into Resistance
For more than two years, the U.S. president’s son-in-law has sought to build a complex of towers in a central Belgrade site once bombed by NATO.
on.wsj.com
Jared Kushner wants to build a Trump-branded hotel complex on a Belgrade site bombed by NATO. It's getting messy. Serbian protesters are taking to the streets; an alleged forgery investigation; Serbian parliamentary fights and vows to occupy the site www.wsj.com/world/trump-...
Jared Kushner’s Plan to Build a Trump Hotel in Serbia Is Running Into Resistance
For more than two years, the U.S. president’s son-in-law has sought to build a complex of towers in a central Belgrade site once bombed by NATO.
wsj.com
on a nuclear plant's fish boomboxes (part of a £700 M fish deterrent); a replica air-raid shelter just for bats, and a bat tunnel at a cost of over $500k per bat www.wsj.com/world/uk/the...
Britain Asked a Power Plant to Build a ‘Fish Disco.’ It’s Not Going Well.
Plans to use a deep-sea boom box to keep fish away from a coastal nuclear station have gone awry. DJing for marine life, it turns out, is a nightmare.
wsj.com
People say this a lot; they have many differences with big tech, but it WAS giant companies financing the dotcom boom. The telecoms were the biggest spenders -- and biggest losers -- of the era, investing in the infrastructure (like today's data centers) for the Web
Robbie Whelan and I did a piece today on the AI bubble (?) Increasingly loud echoes of dotcom fiber boom-turned-bust www.wsj.com/tech/ai/ai-b...
Spending on AI Is at Epic Levels. Will It Ever Pay Off?
Tech companies are pouring hundreds of billions into data centers, taking on heavy debt, but current revenue is relatively tiny. Critics warn of a new dot-com bubble.
wsj.com
"Spokespeople for both City Hall and the city’s Transportation Department directed questions to the New York Police Department, which in turn told The Wall Street Journal to ask City Hall." www.wsj.com/lifestyle/ne...
New York Has a New E-Bike Speed Limit—and No Way to Enforce It
When the city announced a speed limit in June, haters rejoiced. But the plan had some holes.
wsj.com
Musk is out (or so he says). But the DOGE mindset remains, evident in gutted agencies and a demoralized workforce. “Nobody else in the world is doing this kind of thing. And it’s basically going to get shelved.” www.bloomberg.com/news/article...
Musk Exits DOGE Leaving Threadbare Agencies and Strained Workers
The full effects of a drastic cost-cutting campaign are coming into focus as its billionaire architect departs from the government
bloomberg.com
Elon Musk wasn't happy about Stargate UAE. On a call w/ G42, Musk warned those assembled: Their plan had no chance of Trump signing off on it unless his company xAI was included in the deal. Scoop w/ @eliotwb.bsky.social + Josh Dawsey www.wsj.com/tech/elon-mu...
Exclusive | Elon Musk Tried to Block Sam Altman’s Big AI Deal in the Middle East
Musk warned those involved that President Trump wouldn’t bless the OpenAI data-center project in Abu Dhabi unless his xAI company was included in the deal, according to people familiar with the matter...
wsj.com
Until I start my new job, I will be pursuing my hobby of removing feral honey bee colonies from people’s homes on a semi-pro basis. I hope to post a lot of bee-related content, mostly on LinkedIn, because I think that would be funny. This is my new business venture. I will be making T-Shirts.
my piece on UAE's Trumpian charm offensive to win access to AI chips It worked well www.wsj.com/tech/how-gul...
How Gulf Sheikhs Played Their Trump Cards Into a Massive AI Chip Deal
The U.A.E.’s ruling family used headline-grabbing investment numbers, deals with Trump family businesses and ties with tech executives to score an Nvidia deal.
wsj.com
Our piece on Trump Inc racking up deals with Middle East government ties as Trump heads to the Gulf to do policy www.wsj.com/world/middle...
Trump’s Family Is Rapidly Striking Business Deals in the Mideast
Golf resorts, crypto deals and financial investments blur the line between private business and public policy.
wsj.com
😭
Oliver Darcy@oliverdarcy.bsky.social · last yr.Scoop: The WSJ's Jeff Horwitz, the renowned tech journalist who was the lead author on the "Facebook Files" series, is taking a buyout and exiting the newspaper, I'm told. The move comes as Editor-In-Chief Emma Tucker pushes to remake the tech team. Details in @status.news: link.status.news/4d38jVX
Here's our super cool podcast on Neom from the Journal Part two: THE EMPEROR'S NEW CLOTHES Find within: -screaming executives -a giant hole in a mountain -trillions in budget overruns -financial manipulation www.wsj.com/podcasts/the...
Neom, Pt 2: The Emperor’s New Clothes - The Journal. - WSJ Podcasts
Andy Wirth and Tony Harris moved halfway across the world to help build Neom: Crown Prince Mohammed bin Salman’s futuristic new city in the Saudi desert. But what they found wasn’t the desert utopia o...
wsj.com
How is the CoreWeave IPO going?
a man in a suit and tie is shaking hands with another man in an elevator and saying `` not great , bob ! ''
ALT: a man in a suit and tie is shaking hands with another man in an elevator and saying `` not great , bob ! ''
media.tenor.com
Financial Times@financialtimes.com · last yr.CoreWeave to cut size and value of IPO and add Nvidia as anchor investor https://www.ft.com/content/371fbefb-93ca-4b74-b598-1f0e74eacffa