[BUSINESS]
STORIES FROM THE BUSINESS DESK ■ LAST 14 DAYS
■ BUSINESS
66 STORIESSatellite and drone imagery reveals significant construction delays across US data center projects. The slowdowns stem from energy constraints and rising local resistance to new facilities.
A late-night House revolt defeated the White House's effort to extend Section 702, a classified surveillance program the FBI has used to monitor members of Congress, protesters, and political donors without warrants.
EagleRock Land LLC has filed for an initial public offering as the Permian Basin property owner seeks to expand its holdings and attract industrial tenants.
Japan is reducing its dependence on Chinese rare earth elements through an enormous underwater deposit discovered near a remote island at 6,000 meters depth. The discovery represents a rare success in global efforts to diversify rare earth supply chains.
Despite soaring demand and high costs, the child care industry has resisted technological transformation that has reshaped other sectors. Industry experts are examining the economic structures keeping the market fragmented and unprofitable.
A key US surveillance authority known as Section 702 is set to expire in April, but lawmakers remain divided on whether to reform or renew the law that permits warrantless surveillance.
Exchange-traded fund flows reveal investors are concentrating capital in AI-related assets while rotating into defense stocks. According to Global X's Senior Investment Strategist Seana Smith, only a select group of companies will emerge as true winners in the AI race.
Documents reveal that US technology companies successfully pressured the European Union to obscure environmental data on data centers. A confidentiality clause adopted into EU rules was written almost verbatim from industry demands.
Ohio's Casino Control Commission has proposed a $5 million fine against Kalshi, an online prediction market platform, following a federal judge's ruling that its sports bets constitute gambling under state law.
Emerging-market stocks extended gains for a third consecutive day, driven by a rally in technology shares following Taiwan Semiconductor Manufacturing Co.'s upbeat earnings forecast.
Multiple advertising firms have settled with the Federal Trade Commission over allegations they boycotted conservative media outlets. The FTC, under the Trump administration, targeted brand-safety standards it claims unfairly excluded platforms like Breitbart and X.
Sigenergy Technology Co., a Chinese energy storage equipment maker, saw its shares surge 103% in Hong Kong trading following a $562 million IPO. The company raised HK$4.4 billion in the offering.
Wipro Ltd. announced a share buyback program worth up to 150 billion rupees ($1.6 billion) as the IT services company seeks to capitalize on recent stock declines and return capital to shareholders.
Newly unsealed court documents in California's lawsuit against Amazon reveal alleged price-fixing strategies, according to the state's attorney general. The records detail how the e-commerce giant may have manipulated pricing mechanisms.
Digital advertising revenue reached $294.6 billion in 2025, growing 13.9% year-over-year, according to IAB and PwC data. Social media and video advertising drove the majority of growth.
Netflix reported Q1 revenue of $12.3 billion, exceeding analyst expectations by $100 million, but shares fell 8% in after-hours trading after the company issued weaker-than-expected guidance for the second quarter.
A federal jury determined today that Live Nation, which operates Ticketmaster, violated federal and state antitrust laws. The decision addresses long-standing complaints about inflated ticket fees.
China's chipmaking equipment imports from Southeast Asia surged in 2025, with Malaysia and Singapore combined accounting for $9.1 billion while direct US imports collapsed 34% to $2 billion.
Solaria Energía y Medio Ambiente is negotiating entry into a state-backed consortium developing a €4 billion data center hub in Spain, expanding Europe's digital infrastructure capacity.
The US Energy Information Administration plans to implement a mandatory nationwide survey measuring data center energy consumption. The agency outlined the plan in a letter to two senators obtained by WIRED.
Support for data center construction in Virginia has collapsed to 35%, down from 69% a year ago, according to a Washington Post-Schar School poll. Tax break support also plummeted to 37% from 61%.
Motorola has filed lawsuits against dozens of content creators and social media platforms including Instagram, X, and YouTube, alleging defamatory posts. The legal action raises questions about free speech protections in India.
HBO Max will launch in India as an add-on to JioHotstar subscriptions, priced at ₹49 ($0.50) monthly. The service brings HBO, Max Originals, Warner Bros. content, and DC Studios programming to Indian viewers.
Rockefeller Capital Management's CEO Greg Fleming said clients continue prioritizing artificial intelligence investments, even as Iran tensions and energy market volatility create near-term uncertainty.
Most American teenagers report that TikTok, Instagram, and Snapchat have neutral effects on their mental health, according to a Pew Research survey. The finding comes as lawmakers debate restricting teen access to social platforms.
A federal jury ruled that Live Nation violated antitrust laws by operating as an illegal monopoly. The verdict comes after the company reached a tentative settlement with the Department of Justice last month.
The FCC has granted Netgear an exemption from its ban on foreign-made routers, offering no public explanation for the decision. The move marks the first exemption issued under the Trump administration's new policy.
The U.S. Space Force is evaluating moving a substantial portion of its launch contracts from United Launch Alliance to SpaceX, potentially reshaping the military's space transportation strategy.
Allbirds announced a strategic shift from footwear to artificial intelligence, triggering a dramatic 600% stock jump. The struggling shoe company will leverage its public shell after selling its brand and assets for $39 million.
The Energy Information Administration plans to require data centers to report their energy consumption, according to a letter obtained by WIRED. The mandatory assessment would track power usage across the sector.
Contemporary Amperex Technology Co. Ltd., China's largest EV battery manufacturer, is establishing a dedicated unit with $4.4 billion in funding to strengthen supply chain security and stability.
The Depository Trust & Clearing Corp., which clears most US stock trades, is moving its core systems to Amazon's cloud infrastructure by 2030.
General Electric and Hindustan Aeronautics Limited (HAL) have signed a technology agreement to jointly manufacture jet engines. The deal marks a first for both companies and supports India's push to modernize its air force and boost domestic weapons production.
China's data center operators are raising over $1 billion through asset-backed securities, capitalizing on investor demand for higher yields in a rapidly growing market.
Following its reacquisition, 23andMe is doubling down on direct-to-consumer operations under CEO Anne Wojcicki. The company is repositioning itself as an early mover in the DTC genetic testing space while holding back on AI partnerships.
Iran is selectively restoring internet access to businesses and individuals following a nationwide blackout that began over six weeks ago. The move signals an effort to reverse mounting economic losses from the connectivity restrictions.
New York Assembly member Alex Bores, a former Palantir employee turned AI regulation advocate, is running for Congress while facing opposition from the tech industry's super PACs.
The NAACP filed a federal lawsuit against xAI and subsidiary MZX Tech, alleging the companies operated unpermitted methane gas turbines at their Colossus 2 data center in South Memphis, violating the Clean Air Act.
Senator Elizabeth Warren has questioned Elon Musk about the safety and security of X Money, his upcoming payments platform. Warren cited concerns about consumer protection, national security, and financial system stability.
France's Veolia Environnement plans to nearly double revenue from artificial intelligence industries to €1 billion by 2030. The environmental services company will expand offerings to meet growing sector demands.
NZXT has agreed to forgive up to $5,000 in debt for Flex program customers as part of a class-action settlement. The agreement allows renters to retain their computers.
Instacart has acquired Instaleap, a Colombian grocery technology company, as part of its international expansion strategy. The deal marks the company's continued push to grow its operations beyond the United States.
A worker died at an Amazon warehouse in Oregon. The company stated the death was not work-related.
Nemetschek SE has agreed to acquire Heavy Construction Systems Specialists (HCSS), a construction management software provider, from private equity firm Thoma Bravo.
Festus, Missouri voters ousted all four incumbent council members seeking reelection last week, just days after the council approved a $6 billion data center project. The decisive defeat was driven by surging voter turnout and public backlash over the approval process.
Swedish measurement technology company Hexagon AB is acquiring Waygate Technologies from Baker Hughes for approximately $1.45 billion in cash.
IBM agreed to pay $17 million to resolve a Department of Justice lawsuit alleging the company engaged in illegal diversity, equity, and inclusion practices.
NZXT and partner Fragile have agreed to pay $3.45 million to settle a class-action lawsuit alleging the Flex PC rental service misled customers about its terms. The settlement resolves civil RICO fraud charges affecting nearly 20,000 consumers.
A new study challenges the effectiveness of social media age restrictions in Australia, finding that 61% of children aged 12-15 maintain active accounts on platforms they're no longer supposed to access.
Major news organizations are restricting the Internet Archive's Wayback Machine, threatening the digital preservation tool that stores billions of web pages. Journalists and advocacy groups are mobilizing to protect the platform.
Twenty-three major news websites and Reddit have blocked the Internet Archive's crawler, limiting access to the Wayback Machine's historical web content. Journalists and advocacy groups have signed a letter in support of the Archive's preservation efforts.
Most software engineering organizations operate without clear metrics on team productivity and costs, according to analysis by Viktor Cessan. The lack of economic visibility creates blind spots in resource allocation and performance measurement.
US state lawmakers introduced 12 data center moratorium bills in 2026, with 11 stalled or voted down. Maine's bill advances to a final vote on April 15, which would pause new data center construction until late 2027.
Victory Giant Technology Huizhou Co. has launched investor orders for a Hong Kong listing that could raise up to HK$17.5 billion ($2.2 billion), positioning it among the city's largest IPOs this year.
A company with near-perfect email reputation metrics found itself blocked by Gmail, exposing a gap between industry standards and Google's filtering algorithms. The discrepancy highlights how sender reputation alone doesn't guarantee inbox placement.
Tech company valuations have fallen back to levels seen before the artificial intelligence investment surge. The correction reflects cooling investor enthusiasm after years of elevated expectations.
A survey of nearly 6,700 people across six EU countries found that 84% don't trust US tech companies with their personal data, while 93% distrust Chinese firms. The findings highlight growing European skepticism toward foreign technology providers.
Anthropic's US business adoption jumped to 30.6% in March from 24.4% in February, while OpenAI held steady at approximately 35%, according to Ramp data cited by the Financial Times.
Blackstone is pursuing an initial public offering expected to raise $2 billion for a new acquisition vehicle focused on data centers. The move signals the firm's continued expansion into digital infrastructure assets.
PJM Interconnection has launched an emergency proposal to add 15 gigawatts of new power capacity as artificial intelligence infrastructure strains the grid. The move aims to prevent electricity shortages across the region.
Blackstone is weighing an initial public offering to raise $2 billion for a newly formed acquisition company focused on buying data centers. The move signals the firm's bet on continued demand for data center infrastructure.
Japan approved ¥631.5 billion ($4 billion) in additional subsidies for Rapidus Corp., bringing total government support for the chipmaker to $16 billion as the country attempts to re-enter advanced semiconductor manufacturing.
Boeing's rocket successfully carried astronauts farther into space than ever before, yet the Trump administration is already evaluating competitor alternatives for future lunar missions.
President Trump's push to expand global sales of American AI chips faces obstacles from licensing delays, staff shortages, and unclear policy direction at the federal export oversight agency.
SK Hynix, Samsung, and Micron dominate the memory chip market with stock gains exceeding 200% over the past year. Despite explosive growth projections, the three companies remain cheaper than Nvidia relative to their performance.
IBM has agreed to settle allegations that its diversity, equity, and inclusion practices violated federal civil rights laws. The company will pay over $17 million to resolve the Department of Justice's claims that it considered race, color, national origin, and sex in employment decisions.