Harvard Law: Anthropic Is About to Sell a Safety Mission Wall Street Can Veto
Harvard Law scholars Jesse Fried and Idan Reiter warn that investor‑overriding mission guardians can backfire, citing the Ben & Jerry’s fiasco, OpenAI’s turbulent governance, and Anthropic’s upcoming IPO. The Ben & Jerry’s independent board forced an Israeli license boycott, triggering boycotts, state divestments and a $20‑$26 billion market‑cap loss for Unilever. OpenAI’s nonprofit‑controlled board was dismantled after a 2023 employee revolt, raising doubts about its public‑benefit structure. Anthropic’s confidential IPO filing includes a Long‑Term Benefit Trust with a “kill switch” that lets investors remove the guardians, a feature the authors view as a safety valve.
Property Prices Are Down in Dubai. Is It a War-Induced Blip, or Something More Serious?
Dubai’s property market, which surged roughly 60% between 2022 and early 2025, is now feeling the strain of the Iran conflict. Real‑estate transaction volumes fell 37% year‑on‑year and 49% month‑on‑month in the first 12 days of March, according to Goldman...
A Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to Expect
Forecasts from the U.S. Climate Prediction Center now give an 82% probability that El Niño will develop by the end of July, with a 67% chance it escalates into a strong or very strong “Super” El Niño through 2027. The warming of...
Data Centers Could Help Determine Who Wins the Next War, and a Shortage of Compute Would Be ‘Catastrophic,’ Retired General...
Retired Air Force Lt. Gen. David Deptula warned that AI‑powered data centers are now a strategic military asset, essential for linking the Pentagon’s weapons systems from long‑range munitions to autonomous drones. He cited the Iran conflict, where AI platforms like...
Low-Budget Films From YouTubers Beat ‘Star Wars’ Heavyweight at the Box Office — ‘We’ll Probably Look Back at This as...
YouTube‑born filmmakers delivered a box‑office shock weekend, with A24’s horror "Backrooms" pulling $81.5 million in its opening three days, narrowly eclipsing the new "Star Wars: The Mandalorian and Grogu" debut. The film, directed by 20‑year‑old Kane Parsons, was made on a...
America Finally Crushed Smoking—Then Defunded the Playbook
The CDC’s latest survey shows U.S. adult cigarette smoking fell to 9% in 2024, the first time the rate dropped below 10%. This marks a historic low from a 42% prevalence in the 1960s, driven by taxes, bans, and public...
Trump Floated the Idea of a 15% Government Stake in a Massive Railroad Merger
President Donald Trump floated a 15% federal equity stake in the $71.5 billion Union Pacific‑Norfolk Southern merger, a deal that would create the largest U.S. freight railroad. The Surface Transportation Board paused the transaction for a deeper public‑interest review, citing unclear...
The Unlikely Origin of a $2.5 Billion Hospitality Unicorn: A Bored Teenager Working the Night Shift at His Family Business
Richard Valtr turned a frustrating night‑audit job at his family’s Prague hotel into Mews, a cloud‑based property management platform now valued at $2.5 billion. The SaaS solution, launched in 2012, automates bookings, check‑ins, payments and operations for over 15,000 hotels across...
U.S. Would only Break Iranian Ceasefire if There Was ‘Absolutely No Alternative,’ Says Deutsche Bank—This Weekend Was a Warning Shot
The United States carried out a self‑defense strike near the Strait of Hormuz, prompting Iran’s Revolutionary Guard to vow a decisive response. Deutsche Bank’s Jim Reid cautioned that Washington would only break the cease‑fire if no alternative existed, labeling the...
Exclusive: The Next Wave of AI Drive-Thrus Is Here—And A16z and Arc Think It Finally Works
Arc, a voice‑AI startup founded by former Square veterans, closed a $10.76 million seed round led by Andreessen Horowitz. The company’s technology claims over 95% order‑taking accuracy and a 4‑5% lift in average ticket size by using brand‑specific models and real‑time...
Big Four Consulting Has 2 AI Nightmares. KPMG’s Answer to Both Is the Same
KPMG announced a global alliance with Anthropic to embed the Claude large‑language model directly into its Digital Gateway platform, giving every employee across 138 countries access to the AI tool. The partnership makes KPMG Anthropic’s preferred consulting partner for private‑equity...
As the U.S. and Europe Pull Back From Global Climate Aid, Can Asian Funders Fill the Gap?
Western climate aid is shrinking as the United States eliminated the USAID climate portfolio, cutting roughly $40 billion, and European nations slashed development budgets—France by 40% and Germany from €6 billion to €4.58 billion (about $5 billion). In contrast, Asian philanthropists are stepping in:...
Britain’s Navy Is Preparing to Clear Mines in the Strait of Hormuz — but only Once a U.S.-Iran Peace Agreement Is Reached
Britain’s Royal Fleet Auxiliary vessel RFA Lyme Bay is being readied in Gibraltar to lead a mine‑clearing operation in the Strait of Hormuz, but the deployment will only proceed once a U.S.–Iran peace deal is finalized. The ship is loaded with autonomous...
Europe Just Admitted the Iran War’s Price Shock Isn’t Going Away
European Union officials warned that oil and gas prices will stay above pre‑Iran‑war levels until at least the end of 2027, pushing inflation to 3.1% this year and 2.4% by 2027. Economy Commissioner Valdis Dombrovskis said the energy shock is...
This 39-Year-Old Quit His Lineman Job During the Pandemic and Built a $50 Million Company in His Backyard
In December 2020, journeyman lineman Josh Smith left his union job to focus on Montana Knife Company, a business he had registered two decades earlier. Leveraging his lifelong bladesmith expertise, he shifted from custom $4‑5k knives to $300‑price point hunting...