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UNBELIEVABLE: 4 | History Defined

Google, Blackstone plan AI cloud venture with $5 billion backing: WSJ

Google and Blackstone are reportedly planning to launch a new AI cloud company, with Blackstone contributing $5 billion in equity for a majority stake. The venture will leverage Google's specialised AI chips, hardware, software, and services. Long-time Google executive Benjamin Treynor Sloss is slated to lead the new US-based company.

The Economic Times

America’s business schools are dangling discounts to win back students as AI panic sets in

American business schools are slashing tuition fees and offering scholarships. This move comes as professionals reconsider the value of traditional MBA degrees due to artificial intelligence. Many are opting for shorter, flexible courses to gain AI skills while staying employed. Applications to US business schools have also seen a decline.

The Economic Times

No Discovery into Alleged "Actual Malice" in Trump's Lawsuit Against WSJ Over Jeffrey Epstein Birthday Letter Story

From Trump v. Dow Jones & Co., decided Wednesday by Judge Darrin Gayles (S.D. Fla.): On July 18, 2025, President… The post No Discovery into Alleged "Actual Malice" in Trump's Lawsuit Against WSJ Over Jeffrey Epstein Birthday Letter Story appeared first on Reason.com.

Reason

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Baltimore City Hall accused of spending $50K on crab cakes and Old Bay wings at Orioles games

Feud erupts between Mayor Brandon Scott and Inspector General Isabel Mercedes Cumming over access to sensitive internal records, prompting IG to publish report alleging excess spending by his staffers

The Independent UK

The superpower trap: Xi, Trump, and the myth of American decline

President Trump's China visit occurs amid a US-Iran stalemate, with analysts suggesting Xi Jinping holds more leverage. Many in Beijing view Trump as a symptom of liberal democracy's instability and American decline, validating Xi's "rise of the East" worldview. This perception of US weakness could lead China to miscalculate and…

The Times of India

Mass starvation looms if fertilisers can’t pass key waterway, UN warns – as it happened

This blog is now closed

The Guardian - AU

Some of California’s ritzy beaches have been overwhelmed by raw sewage and now spend half the year closed

Since 2018, more than 10 billion gallons of raw sewage have flowed into the Tijuana River, according to the International Boundary and Water Commission, and some of it has found its way to California

The Independent UK

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Everyone is losing on ‘sucker-bet’ laden prediction markets except a few seasoned pros

Platforms like Polymarket and Kalshi have seen a huge surge in business - but there are growing calls for greater regulation

The Independent UK

Over 3 Million People Exit SNAP as New Rules Tighten Eligibility for Immigrants and Other Adults

A spokesperson for the U.S. Department of Agriculture told The Wall Street Journal the agency will continue "to serve those with the greatest need," while preventing waste and fraud

Latin Times

GameStop boss says $56 billion offer could turn eBay into a "legit competitor to Amazon," believes there's "nobody who is more qualified" than him to run the auction site

"I'm thinking about turning eBay into something worth hundreds of billions of dollars"

GamesRadar

There’s been no World Cup windfall for Airbnb – and hosts are surprised

Despite spending thousands of dollars on renovations, some homeowners are finding their properties vacant as they hold out for premium rates that many fans are now unwilling to pay

The Independent UK

Why Is Spirit Airlines Shutting Down? Trump's $500 Million Rescue Deal Falls Apart as Carrier Runs Low in Cash: Report

Spirit Airlines is nearing shutdown after a $500 million government rescue deal failed, leaving it low on cash amid rising costs and competition.

International Business Times UK

Wall Street is panicking about OpenAI. A veteran tech analyst says everyone's overreacting

Between the Wall Street Journal's report on what Sarah Friar said and the lawsuit by Elon Musk painting him as a liar, Sam Altman’s having a bad week.

Fortune

Musk vs. Altman is about what we don't already know

Altman has more at stake than does Musk, as both leaders prep massive IPOs.

Axios

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Evening Standard

FTSE 100 edges higher but US tech stocks wobble

The index closed up 11.70 points at 10,332.79.

The Independent UK

Soldier accused of making $400k betting on Maduro capture told woman the ‘army doesn’t understand business’: report

The woman the soldier had been texting said he contacted her as recently as last weekend

The Independent UK

Tucker Carlson admits he doesn’t ‘hate’ Trump but feels ‘betrayed’ by the president’s policies

Carlson is one of a handful of former MAGA supporters speaking out against the war in Iran

The Independent UK

Trump unleashes furious rant over Wall Street Journal claim that Iran ‘takes him for a sucker’

US President was accused of ‘blinking’ in conflict by ordering ceasefire extension

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The Independent UK

Trump launches barrage of Truth Social attacks on the Supreme Court, the Wall Street Journal and wind farms

President claims that wind farms ‘kill the birds’ and that Supreme Court justices have shown ‘very little loyalty’

Golf Monthly

Jon Rahm's Caddie Lists Property For $14 Million

Adam Hayes, who has caddied for Rahm since September 2016, has put his house on the market, with the asking price being an eye-watering $14 million

The Times of India

Yuan for oil payments? UAE seeks US safety net amid Iran war - report

The UAE has requested a US financial safety net amid concerns that an Iran war could severely damage its economy and investor confidence. Talks included a currency-swap line proposal, as the UAE fears needing to use other currencies for transactions if dollar shortages arise.

The Independent UK

Trump kept out of the room during operation to find downed pilots in Iran after ‘screaming’ at aides for hours, report says

The F-15 fighter jet was shot down over Iran on April 3, prompting a high-stakes rescue mission

The Independent UK

Cuba tried to send secret letter to Trump warning it is preparing for US military action: report

The letter also proposed economic and investment agreements between Washington and Havana

The Times of India

Trump increased H-2B visa quota for his own businesses after 'secret meeting with lobbyists'

The Donald Trump administration silently walked back on a lesser-targeted visa program and restored its quota after reducing it, as the president's private businesses depend largely on workers coming to the US on that visa. While the H-1B visa program is much vilified for abuses, frauds, the H-2B visa program…

We Got This Covered

Europe is quietly building a backup NATO without America and Trump just gave them every reason to stop being quiet about it

Plan B is in motion.

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