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SATURDAY, 13 JUNE 2026, 19:50

Science/Tech

The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply | Robert Reich

Yesterday at 19:40 PM, via The Guardian

The economic principles taught in school aren’t as relevant as hype, connections and total, arbitrary control

Elon Musk is now the world’s first trillionaire, after his SpaceX exploration and satellite company went public on the Nasdaq today.

With shares priced at $135 each, Musk’s aerospace and satellite maker soared to an overall market valuation of approximately $1.77tn – which raised...

China Didn’t Make People Hate Data Centers

Yesterday at 19:17 PM, via Wired

GOP lawmakers, tech investors, and even OpenAI have tied the anti-data center movement in the US to Chinese interference. Experts say it’s much more complicated than that.

4 Top Crypto Gainers Today: BlockDAG, Solana, Bittensor, and Chainlink Lead the Pack

Yesterday at 19:00 PM, via Tech Financials

Crypto markets rarely move in straight lines, but this week’s standouts share one thing in common: momentum. The top crypto gainers today are pulling attention from both retail buyers and institutional desks, with each project offering a sharply different angle on the market.  BlockDAG (BDAG) tops the list thanks to its live buyback rewarding holders […]

SpaceX Stock Rises 11% in Largest I.P.O. Ever

Yesterday at 18:14 PM, via New York Times

The stock market debut of Elon Musk’s rocket company paves the way for a wave of mega offerings that are coming from OpenAI and Anthropic.

Infineon to Open German Chip Fab as Part of EU Sovereignty Push

Yesterday at 18:00 PM, via Slashdot

Infineon is set to open a $5.8 billion power-chip fab in Dresden on July 2, backed by about $1.1 billion in EU Chips Act subsidies. The plant will make power semiconductors for AI data centers and could eventually add up to $5.8 billion in annual revenue as demand for AI infrastructure strains global electricity systems. Bloomberg reports: Infineon, traditionally a chipmaker for the automotive...

Eskom Boosts Winter Resilience, Cuts Diesel Use Year-on-Year

Yesterday at 17:59 PM, via Tech Financials

Eskom continues to strengthen the resilience of South Africa’s power system, sustaining measurable improvements in generation performance and network stability as winter demand intensifies. Year-on-year gains in generation availability, reduced unplanned outages, and lower reliance on diesel, alongside targeted interventions through the Load Reduction Elimination Programme, are enabling more...

SpaceX IPO Makes Elon Musk World’s First Trillionaire

Yesterday at 17:00 PM, via Slashdot

An anonymous reader quotes a report from Reuters: Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has made him the world’s first trillionaire. At a time when concerns about inequality are high and public attitudes toward the ultra-wealthy have soured, Musk...

Finding the Right Specialist for Hereditary Balding

Yesterday at 13:43 PM, via Tech Financials

Most people notice it gradually. A little more hair on the pillow. A slightly wider part. A hairline that seems to have quietly moved back. If you have a parent or grandparent who went through the same thing, you’ve probably already connected the dots. Hereditary balding is one of the most common reasons people lose […]

AI Regulation In Africa: Why Copying The European Model Won’t Work

Yesterday at 13:05 PM, via Tech Financials

Mauritius set out its national AI strategy in 2018, the first by an African country. Since then over a dozen African states have adopted national AI policies of some sort or another. As a national policy plan, an AI strategy typically sets out the priorities and aspirations in achieving certain policy objectives. At the continental […]

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