Funko Pop just warned investors there’s “substantial doubt” about its ability to continue operating. The company faces $241 million in debt and just posted a $1 million quarterly loss. Their survival plan involves mini-figures and mystery vending machines.
The Trump administration is floating the idea of 50-year government-backed mortgages. While monthly payments would drop, homeowners would pay significantly more interest over the decades. The trade-offs are substantial.
The EU is reportedly considering significant delays to its landmark AI Act implementation. Companies could get extra time to comply with high-risk AI rules and avoid penalties until 2027.
The UK’s National Grid is facing unprecedented demand from data centers, with connection requests surging over the past year. The grid operator expects to connect up to 19GW of new capacity by 2031, half from data centers alone. This could push data center electricity consumption to 9% of UK demand
Cogent Communications has agreed to sell two data centers it acquired from Sprint for $144 million in cash. The facilities are among the largest of 24 wholesale properties Cogent repurposed from the Sprint acquisition. CEO Dave Schaeffer says more deals are in negotiation as the company continues it
NSO Group, maker of the notorious Pegasus spyware, has appointed former Trump official David Friedman as executive chairman. The company aims to pursue partnerships with US law enforcement despite being blacklisted by the Biden administration over human rights abuses.
UK regulators are moving forward with stablecoin ownership caps while making key exceptions for crypto platforms and retail businesses. The proposed rules would limit individuals to £20,000 holdings of systemically important stablecoins.
The European Commission is preparing to revise its carbon border adjustment mechanism just months before implementation. Major companies including BASF, TotalEnergies, and Siemens are warning the tax could jeopardize energy-intensive industries in Europe.
Box CEO Aaron Levie says startups must integrate AI into their workflows to compete effectively. He outlines two core steps for successful AI implementation that can dramatically increase productivity and output across organizations.
NotebookLM users curious about alternatives might want to check out Gistr. This AI research tool offers proper note-taking features and superior YouTube video processing. While not a NotebookLM killer, it’s a capable competitor worth exploring.
