Iran says it is closing the vital Strait of Hormuz after what it described as Israeli ceasefire violations in Lebanon and a failure by the US to implement a tentative agreement to end the war. Follow live updates. https://t.co/GGFMq9qoSy
Where the hidden AI liabilities are:
$1.8TN in off balance sheet operating leverage ($1TN in purchase commitments and $0.8TN in lease commitments): obligations hidden in space
$520BN in deferred earnings masking earnings hit from spending happening now: costs hidden in time
Il collegamento obbligatorio POS-registratori telematici è costato zero. In quattro mesi e mezzo: un miliardo di IVA recuperato. 20 volte la stima del MEF.
Ne scrivo su #abassavoce (link nel primo commento).
Today, Elon Musk, a trillionaire, pays the same amount into Social Security as someone making $184,500.
If we end that absurdity and lift the cap on taxable income, we can make Social Security solvent for 75 years and expand benefits by $2,400. My Social Security bill does that.
Oracle shares plunged after the firm forecast capital spending plans for fiscal 2027 above Wall Street estimates, and said it will also raise more debt in 2027, reflecting the staggering scale of cash burn needed to build out its AI infrastructure https://t.co/fL31QoYGeG
SoftBank invested $41 billion into OpenAI.
Then tried to borrow $10 billion against that stake.
Banks said that’s too much.
Cut it to $6 billion.
Banks still said no.
SoftBank shares dropped nearly 10% this morning. 
The banks don’t believe OpenAI is worth $852 billion.
The same OpenAI losing $14 billion a year.
That just filed for a $1 trillion IPO.
SoftBank needed the loan to keep funding OpenAI.
To fund the company they already own 13% of.
With money borrowed against the stake they already own.
Masayoshi Son previously lost $70 billion on WeWork.
Called it the most valuable company in the world.
The banks remember WeWork.
Il Servizio Sanitario Nazionale è la più grande opera pubblica mai costruita in Italia
Eppure si sta sgretolando tra l’indifferenza della politica e l’inedia dei cittadini
Che non hanno ancora compreso i rischi di una #sanita “all’americana”
#SalviamoSSN
Nascono sempre meno bambini, ma in alcune regioni non abbiamo abbastanza pediatri per seguirli.
La matematica è semplice, la programmazione sanitaria meno.
#SalviamoSSN
https://t.co/e835NTPAKk
Chipmaker Broadcom missed expectations for second-quarter revenue and its top executive left a previous 2027 sales forecast unchanged, sending its shares down more than 13% in extended trading https://t.co/j03sKff1lI