Amazon says its 2027 cloud capacity is largely sold out, and security stocks jumped while website owners patched a flaw in the code behind most of the web. Plus FICO’s price freeze for lenders who sign up, an Indian trading academy ordered to hand back its course fees, and a lawsuit aimed at Division III’s scholarship ban.
Read More
Three members of Congress want sportsbooks and prediction markets to show what happens to a customer’s losses after the VIP invite, and SpaceX wants room on 80,000 cell sites. Plus OpenAI’s bridge round ahead of a possible IPO, a World Series between two clubs below the payroll floor owners just proposed, and FIFA putting the 2030 World Cup up for bid.
Read More
Google added 1,070 megawatts to its Voltus virtual power plant deal on the grid that’s already short of capacity, under a contract that runs through 2040.
Read More
Barclays is cutting thousands of jobs in the same results that handed shareholders more cash, and DeepSeek’s round doubled at the same valuation. Plus Australia’s order prying open Apple’s App Store, Meta’s new non-voting shares, and four years in which the S&P 500 beat pro sports teams.
Read More
Oasis Management’s contract keeps Bob Chapek in the Vail Resorts board race until the vote, and SpaceX’s first profit as a public company owes plenty to interest income. Plus Netflix’s ad shortfall, Braze sold below its IPO price, and Utah suing Kalshi along with one of its market makers.
Read More
The FTC cleared Publicis’s $2.2 billion LiveRamp purchase on five years of neutrality promises, Brewers fans are redeeming 2015 tickets good for “even a World Series,” and Amazon is funding 12 small reactors on an Indiana coal site. Plus the Valkyries’ $100 million year and the GPUs Meta keeps idle on purpose.
Read More
Jim Keller’s AI chip company talked with Intel, Qualcomm and others about a sale earlier this year, then raised a Series E led by Trace Capital and Innovation X instead. By standard round math, the new money bought roughly a quarter of the company.
Read More
South Korea’s National Pension Service saw its disclosed Korean stock stakes fall 35.3% from June 30 to Oct. 15, with Samsung and SK hynix behind about 72% of the drop. In January it suspended the rule that would have made it sell, then raised its target for Korean stocks.
Read More
Musk says every US child gets one of his SpaceX shares next year, South Korea’s pension fund lost about $137 billion on its Korean stocks in roughly 100 days, and stablecoin payments rose 45% with almost no new supply. Plus the money against California’s Prop 40 and the companies saying no to tokenized stock.
Read More
Nvidia signed agreements in August with six finance firms to fund AI data centers with outside capital. A Fortune commentary says the AI race has moved to the credit desk, while Nvidia’s own blog says it may support the resale value on up to 25% of a deal.
Read More