Microsoft, Google, Meta Just Had Their Best AI Quarter Ever—and Their Workers Paid for It
Microsoft (Nasdaq: MSFT), Alphabet (Nasdaq: GOOGL), Amazon (Nasdaq: AMZN), and Meta (Nasdaq: META) all reported earnings that beat Wall Street expectations, collectively posting more than $430 billion in quarterly revenue and pointing to artificial intelligence as the primary engine of growth. Less than a week earlier, Meta announced it would cut 8,000 workers, and Microsoft […]
Canada to Shut Down Nearly 4,000 Crypto ATMs to Combat Scams
Canada’s federal government has unveiled plans to ban cryptocurrency ATMs nationwide, aiming to curb their use as a primary tool for fraudsters defrauding victims and laundering illicit funds. The measure, announced in the Liberal government’s Spring Economic Update on April 28, targets nearly 4,000 machines across the country, which currently operate without industry-specific regulations. The […]
Jerome Powell to Remain Fed Governor After Chairmanship Ends Amid Ongoing Probe
Jerome Powell, outgoing Federal Reserve Chair, announced on Wednesdaythat he will continue serving as a governor on the central bank’s Board of Governors for an indefinite period after his chairmanship ends on May 15. His decision hinges on overseeing the conclusion of a probe into renovations at the Fed’s headquarters, a matter that has drawn […]
LIV Golf Loses Saudi Funding as Public Investment Fund Pulls Plug After $6 Billion Investment
LIV Golf, the controversial rival to the PGA Tour, will lose its primary financial lifeline as Saudi Arabia’s Public Investment Fund (PIF) plans to end funding after the current season. The decision, set to be announced to players and staff on Thursday, marks a stunning reversal for a league that has burned through nearly $6 […]
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Montreal Negotiations Seal Canada as Defence Bank Headquarters
Canada has secured the headquarters of a new multinational lender designed to overhaul how Western allies finance military hardware, according to people familiar with the matter. Negotiations for the Defence, Security and Resilience Bank (DSRB) concluded in Montreal on Wednesday with 19 founding nations agreeing to establish the institution on Canadian soil. The move marks […]
Canada Unveils Nuclear Energy Strategy with $40M for Arctic Defence Microreactors
Canada is forging ahead with an ambitious Nuclear Energy Strategy, announcing a $40 million investment by the Department of National Defence to study microreactors for remote Arctic military facilities. Energy and Natural Resources Minister Tim Hodgson revealed the framework at the Canadian Nuclear Association Conference in Ottawa, signaling a broader federal push to expand nuclear […]
Al Gore Now Warns Warming Could Trigger Cooling 20 Years After “An Inconvenient Truth”
Former US Vice President Al Gore is warning that global warming could trigger cooling, a return to one of the most paradoxical risks he raised nearly 20 years ago in An Inconvenient Truth. Speaking at a Hollywood Reporter event marking the documentary’s 20th anniversary, Gore connected current warming, Greenland ice loss, and the threat of […]
Here’s How Liberals Ask Conservatives To Cross The Floor, MP Reveals
Conservative MP Kelly DeRidder has accused the Liberals of trying to recruit her across the floor, adding a new flashpoint to the controversy over how Prime Minister Mark Carney’s government turned a minority Parliament into a working majority. DeRidder, the Conservative MP for Kitchener Centre, said in a public statement that she was personally approached […]
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Unaired Part of CBS Interview Says Trump Framed Wounded Agent Care As Media Optics
CBS’s unaired portions of President Donald Trump’s 60 Minutes interview show the president casting assassination attempts as a marker of consequential leadership, then questioning why a Secret Service agent struck during the White House Correspondents’ Dinner shooting was taken to the hospital. The interview, conducted by Norah O’Donnell and published in full by CBS News, […]
Australia’s NSW Opens New Gas Exploration Areas, Slashes License Fees from $50,000 to $1,000
Australia’s New South Wales is opening new areas for gas exploration for the first time in over a decade, slashing license application fees from A$50,000 to A$1,000 in an effort to attract investment and address looming energy shortfalls on Australia’s east coast. The state government has identified two regions in the far west, the Bancannia […]