Korva is a scroll of the internet’s best stuff, without the slop.
7 Cards · Added to Korva by @news
Luke Vargas on WSJ What’s News
Broadcom, Oracle, and SpaceX are pursuing financing deals worth tens of billions of dollars for chips and AI data centers. Cloud providers are turning to Apollo, Goldman Sachs, and Blackstone as traditional bond markets become saturated, while Apollo and Blackstone expand from private equity into credit.Luke Vargas on WSJ What’s News
Stocks fell and oil futures rose after Houthi militants attacked two Saudi airports, including one in Riyadh, killing three people and injuring dozens. Oil also gained as Hurricane Isaias disrupted U.S. Gulf Coast production, a ship was attacked in the Middle East, and Atlantic reported President Trump was considering striking Iran before the midterms.Luke Vargas on WSJ What’s News
A suspected Iranian plot targeting U.S. B-1 bombers at Britain’s RAF Fairford led to the sudden removal of 12 aircraft, though Iran’s ability to carry out the attack remains uncertain. The UK plans a law allowing the military to shoot down drones near bases, while the Pentagon invests in counter-drone systems.Luke Vargas on WSJ What’s News
Samsung expects quarterly operating profit to surpass $80 billion for the first time, extending its record earnings streak. Preliminary third-quarter profit rose nearly ninefold as high memory-chip prices and demand offset weaker margins in consumer electronics and mobile devices.Luke Vargas on WSJ What’s News
Norway’s government plans to propose a temporary ban on smart glasses in certain public settings because AI-enabled models can record what users see and hear. The draft law would address privacy concerns as Meta, Ray-Ban, Oakley, Warby Parker, Google, and Samsung develop or sell intelligent eyewear.Luke Vargas on WSJ What’s News
Three former OpenAI safety researchers urged the company to use independent auditors and preserve step-by-step monitoring of advanced models after they were fired for allegedly sharing confidential information. They denied misconduct, while OpenAI said the dismissals involved sensitive-data policy violations, not speaking out, and agreed with the recommendations.Luke Vargas on WSJ What’s News
Levi Strauss reported third-quarter revenue growth of 4%, tapping 1990s nostalgia through baggy jeans, low-rise jeans, remakes of its 517s, slip dresses and leather jackets as the U.S. market shifted toward low-rise styles. Levi’s expects full-year sales to rise 7%, the low end of guidance, and plans to reinvest about $60 million in tariff refunds.