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Technology companies are racing to build infrastructure that can further fuel the automation boom. Currently, the Japanese multinational SoftBank is reportedly planning to create a new company aimed at automating the creation of its infrastructure. The Financial Times first reported that SoftBank is launching a new business called Roze AI. According to a report in the Wall Street Journal, Mr. Lohse will aim to make data center construction in the United States more “efficient.” This will be achieved by, among other things, deploying autonomous robots to help build server farms. In an interesting development, the conglomerate is already preparing for…

Microsoft on Wednesday reported better-than-expected quarterly results and issued strong forecasts for its all-important Azure cloud division. However, the important debate over the stock price did not subside, and there was a lackluster response to extended trading. Here’s a look at some of Microsoft’s key metrics for fiscal 2026 third quarter versus Wall Street consensus. Revenue for the three months ended March rose 18% from a year earlier to $82.89 billion, beating LSEG’s consensus estimate of $81.39 billion. Earnings per share (EPS) increased 23.4% year over year to $4.27, beating the consensus of $4.06, according to LSEG. On a constant…

A German submarine commander saw the silhouette of a target in the evening sky off the coast of southern England and gave the order to fire a single torpedo. This was the last public appearance of the U.S. Coast Guard cutter Tampa and its 131-member crew for more than 107 years. Three minutes after a German torpedo hit the ship amidships, the Tampa sank to the bottom of the Atlantic Ocean, losing all her crew. This was the largest naval loss for the U.S. military during World War I. On Wednesday, the Coast Guard announced that a team of British…

15. Fay famously never considered writing a sequel to her hit novel, and is on record as regretting that decision. “At the time, we wanted to start talking about a sequel, but for some reason I was like, ‘No!!! We shouldn’t do that!'” she told EW in 2014. But now, no, it’s too late. ” But as she told Variety in 2018, “It’s probably better that way because you save all the energy doing that.” The Mean Girls musical, which she wrote with her husband, 30 rock composer Jeff Richmond, premiered in 2017 before opening on Broadway in April 2018.…

Esteban Andrada was suspended for 13 games and teammate Dani Tasende was suspended for two games following an on-field brawl during the second round of La Liga.by Reuters and Associated PressPublished April 30, 2026April 30, 2026Real Zaragoza goalkeeper Esteban Andrada has been suspended for 13 games by the Spanish Football Federation (RFEF) for punching an opponent after being sent off last week.Andrada was shown a yellow card during Zaragoza’s 1-0 loss to Huesca in a derby match in the second round of La Liga, receiving his second caution in the 99th minute. However, instead of leaving the pitch, he ran…

Jet fuel prices have soared this year since an attack on Iran that began two months ago effectively closed the Strait of Hormuz. For now, airline executives say travelers are still flying and bills are increasingly being covered.The price hike occurred just before spring break and is hurting airline profits this year. But booking trends show resilient consumers are prioritizing travel, and executives are optimistic about the peak summer demand month, which currently wanes in August. Questions remain about how well demand will hold up into the end of the year, as travelers tend to book less far in advance.Airline…

A close-up of the Samsung logo at a research building in Silicon Valley, Mountain View, California, October 28, 2018.Smith Collection/Gado | Archive Photos | Getty ImagesSamsung Electronics on Thursday reported that its first-quarter operating profit rose more than eight times, setting a new record and beating analysts’ expectations for explosive growth in its chip business. Below is a comparison of Samsung’s first quarter results with LSEG SmartEstimate, which emphasizes more consistently accurate analyst forecasts.Revenue: 133.9 trillion Korean won ($89.96 billion) vs. 132.69 trillion won Expected operating profit: 57.2 trillion won vs. 55.28 trillion won expectedThe South Korean tech giant’s quarterly…

More than a decade after voters approved expanding gambling in the state, New York City’s first full-scale casino with live table games opened to gamblers on Tuesday.Resorts World, owned by Malaysia-based Genting, beat out gaming giants such as: Wynn Resorts, las vegas sands, caesars entertainment and MGM Resorts Obtaining one of three new casino licenses.This was the first launch for the company, which already operated one of the most profitable slots and electronic gambling facilities in the world. Resorts World New York City is adjacent to Aqueduct Racetrack and just a few miles from John F. Kennedy International Airport.”We received…

Microsoft CEO Satya Nadella was asked a direct question by Wall Street analysts on Wednesday about how the revised OpenAI partnership will affect Microsoft’s finances. He said the new agreement was good for everyone. “We are happy with our partnership with OpenAI. My focus in any partnership is always to make sure it’s a win-win situation. That’s how we continue to be a good partner.” He emphasized that while Microsoft retains access to OpenAI’s intellectual property, including models and agent products, it no longer has to pay OpenAI for them. Referring to OpenAI’s royalty-free access to cutting-edge AI through 2032,…

Sundar Pichai, Alphabet CEO.Source: Alphabetmeta and alphabet Both companies beat expectations in their earnings reports on Wednesday, posting their best growth in years. They also raised guidance on capital spending this year, telling investors they will continue to pour money into artificial intelligence infrastructure. But despite similarly upbeat results, Wall Street’s reaction was very different. Alphabet shares soared 7% in after-hours trading, while Meta shares fell 7%. This is a continuation of a theme that has hampered Meta throughout the generative AI boom. Alphabet and its fellow hyperscalers, on the other hand, microsoft and Amazon Companies have large cloud infrastructure…