In Race to Build A.I., Tech Plans a Big Plumbing Upgrade
Technology

In Race to Build A.I., Tech Plans a Big Plumbing Upgrade

Linked media - Linked media If 2023 was the tech industry’s year of the A.I. chatbot, 2024 is turning out to be the year of A.I. plumbing. It may not sound as exciting, but tens of billions of dollars are quickly being spent on behind-the-scenes technology for the industry’s A.I. boom. Companies from Amazon to Meta are revamping their data centers to support artificial intelligence. They are investing in huge new facilities, while even places like Saudi Arabia are racing to build supercomputers to handle A.I. Nearly everyone with a foot in tech or giant piles of money, it seems, is jumping into a spending frenzy that some believe could last for years. Microsoft, Meta, and Google’s parent company, Alphabet, disclosed this week that they had spent more than $32 billion combined on dat...
Monday Briefing – The New York Times
World

Monday Briefing – The New York Times

Connected media - Associated media Cease-fire talks in Cairo faltered Negotiations between Israel and Hamas stalled again, meaning more uncertainty for the families of Israeli hostages and no quick reprieve for Palestinians in Gaza. Mediators struggled to bridge the remaining gaps, and a Hamas delegation left the talks, officials said. The main dispute was over the duration of a cease-fire, with Hamas demanding a permanent one and Israel’s prime minister, Benjamin Netanyahu, expressing openness to only a temporary halt in fighting. Hamas blamed the lack of progress on Netanyahu, who has vowed to stage a ground offensive in Rafah, where about a million Palestinians have been sheltering, with or without an agreement. Israel and the U.S. contend that Hamas has been holding up a deal. N...
Ken Holtzman, Who Pitched Two No-Hitters for the Cubs, Is Dead at 78
Sports

Ken Holtzman, Who Pitched Two No-Hitters for the Cubs, Is Dead at 78

Linked media - Linked media Ken Holtzman, a left-hander who pitched two no-hitters for the Chicago Cubs and won three World Series with the Oakland A’s in a 15-season career, died on Monday in St. Louis. He was 78. He had been hospitalized for the last three weeks with heart and respiratory illnesses, his brother, Bob, said in confirming the death. Holtzman won 174 games, the most for a Jewish pitcher in Major League Baseball — nine more than the Hall of Famer Sandy Koufax, who is considered one of the best pitchers ever and who had a shorter career. In addition to his win total, Holtzman, who at 6 feet 2 inches and 175 pounds cut a lanky figure, had a career earned run average of 3.49 and was chosen for the 1972 and 1973 All-Star teams. Holtzman, at 23, threw his first no-hitt...
TikTok’s Future in U.S. Depends on Bet on First Amendment
Business

TikTok’s Future in U.S. Depends on Bet on First Amendment

Connected media - Associated media TikTok takes its fight to court TikTok fired the latest broadside in its battle with Washington, suing to block a law that could force the company to split from ByteDance, its Chinese owner, or face a ban in the U.S. The company argues that the law violates the First Amendment by effectively killing an app in the U.S. that millions of Americans use to share their views. Another problem: a divestiture within 270 days is practically impossible, Sapna Maheshwari and David McCabe report for The Times. DealBook spoke with Maheshwari about the lawsuit filed yesterday and what happens next. Do legal experts think TikTok has a chance at winning? It could go either way. Alan Rozenshtein, an associate professor at the University of Minnesota Law School, says...
Friday Briefing – The New York Times
World

Friday Briefing – The New York Times

Connected media - Connected media Hamas hinted at progress on a cease-fire A Hamas leader said yesterday that the group was studying Israel’s latest cease-fire proposal with a “positive spirit,” raising hopes of progress in the stalled efforts for a truce. Ismail Haniyeh, the head of Hamas’s political wing, said that a delegation would travel to Cairo to discuss the cease-fire. The current deal would include a weekslong truce and the release of hostages held by Hamas and of Palestinian prisoners held by Israel. The proposal would also allow civilians to return to northern Gaza and would enable increased delivery of aid to the territory. The complex cease-fire negotiations have dragged on for months. This week, Israel softened some of its positions, saying that it would allow Palesti...
In a Surprise, Disney+ Becomes Profitable
Business

In a Surprise, Disney+ Becomes Profitable

Linked media - Associated media When Disney reported robust earnings in February, the activist investors then circling the company essentially called it a stunt — a temporary, heat-of-battle effort to fend them off and not, as Robert A. Iger maintained, proof that a struggling Disney had finally “turned the corner.” The Disney chief’s argument just got a lot stronger. Disney blew past Wall Street’s expectations for a second consecutive quarter on Tuesday, in part because its flagship streaming service made money — a first. Disney+ had been expected to lose more than $100 million in the most recent quarter, widening losses since its 2019 arrival to roughly $12 billion. Instead, it swung to a $47 million profit. “Two quarters earlier than expected,” Hugh Johnston, Disney’s chief finan...