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In the midst of an unprecedented AI buildout, Meta is spending more than most. The company is building two massive data centers, and reporting indicates there will be as much as $600 billion in spending on U.S. infrastructure over the next three years. Those figures might not raise eyebrows in Silicon Valley, but they’re starting to make Wall Street nervous. The issue came to a head this week as Meta reported quarterly earnings, which showed the company’s operating expenses jumping $7 billion year-over-year and nearly $20 billion in capital expense. It was the result of intense spending on AI…
The White House released more details Saturday about a trade deal reached between U.S. President Donald Trump and Chinese President Xi Jinping in a meeting earlier this week. Among other things, the White House said China will suspend the restrictions on exporting rare earth minerals that it announced in October, and it will resume issuing “general licenses valid for exports of rare earths, gallium, germanium, antimony, and graphite for the benefit of U.S. end users and their suppliers around the world.” The Trump administration says that this will effectively reverse restrictions on rare earth minerals that China had imposed in…
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! We’re mixing things up a bit this week to focus on what was said on, and off, the stage at TechCrunch Disrupt 2025. In short, it was a banger with a number of high-profile execs and founders working on the future of transportation. Here are a few: Waymo co-CEO Tekedra Mawakana, Slate CEO Chris Barman, Nuro co-CEO and founder Dave Ferguson, Uber CPO Sachin Kansal, Wayve…
Luxury travelers seeking an elevated Caribbean escape have a new destination to discover this December. Majestic Mirage Costa Mujeres — All-Suite Resort is set to welcome its first guests on December 12, 2025, offering an exclusive soft opening experience with savings of up to 60% before the official grand opening on January 15, 2026. Positioned along the pristine shores of Costa Mujeres in the Mexican Caribbean, this innovative property introduces an all-Club, all-suite concept that redefines the all-inclusive experience. Every guest, regardless of which accommodation they choose, enjoys access to premium club amenities that were traditionally reserved for top-tier room categories at…
VENICE, Italy (AP) — Venice’s San Michele island is the final resting place of American poet Ezra Pound, Russian composer Igor Stravinsky and many Venetians known only to their loved ones.The city of Venice this year revived a long-dormant tradition of constructing a temporary bridge to allow Venetians to make the solemn 400-meter (quarter-mile) lagoon crossing by foot to pay respects to their dead on the Catholic All Souls’ holiday. In its original form, the crossing was made out of Venetian “peata” boats lashed together, topped with walking planks and anchored to the lagoon bed. The practice was stopped in…
A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Hollie Adams | ReutersThe appetite for blockbuster weight loss and diabetes drugs is far from satisfied. From fresh competition to new uses, the market is quickly vaulting into a new stage of growth. But factors including insurance coverage, pricing, copycat drugs and the development of new pills will ultimately determine how far the treatments will reach.Eli Lilly and Novo Nordisk are still the dominant players, as demand for their weekly injections shows few signs of slowing. Eli Lilly has…
LONDON (AP) — We’ve seen a lot of Prince William recently — and we’re going to see a lot more.The heir to the British throne will be on the streets of Rio de Janeiro this week to promote his Earthshot Prize, an initiative to find solutions to major environmental issues. That will be followed by the United Nations Climate Summit COP30, also in Brazil, where William will represent his father, King Charles III, and the U.K. government.William’s trip to the Brazilian metropolis known for Copacabana Beach and the annual Carnival is the latest installment in the monarchy’s drive to portray…
LONDON (AP) — Andrew Mountbatten Windsor, the disgraced younger brother of King Charles III, is going into internal exile that will see him further hidden from view from a clearly angry British public. His ejection from the 30-room Royal Lodge on the grounds of Windsor Castle to one of the properties on the king’s private estate at Sandringham in the east of England will symbolize the downfall of the one-time prince and duke.Though he’s lost his perks of title and status, Andrew, 65, will not be slumming it. But it is a banishment nonetheless that leaves Andrew increasingly exposed to…
Elon Musk and Sam Altman are still taking swipes at each other on Musk’s social media platform X. While both men were founders at OpenAI, where Altman is CEO, they have subsequently sparred across social media, court filings, and corporate blog posts.The latest exchange began when Altman posted what he called “a tale in three acts,” with screenshots showing that he reserved a Tesla Roadster in 2018, then recently tried to cancel it and request a refund on his $50,000 reservation fee, only for his email to bounce. “I really was excited for the car!” Altman wrote. “And I understand…
MINNEAPOLIS (AP) — More than 100 people followed Aztec dancers through an arch of paper flowers into El Colegio High School on Saturday morning to visit altars that students had created to commemorate Día de Muertos or Day of the Dead.“It’s … a way of greeting our ancestors into our homes, back into our lives, even if they’re like not here physically, but spiritually,” said Daniela Rosales, a senior at the small, bilingual school in Minneapolis. “It’s a way of just having the community come all together and knowing that in some way they might feel safe.”These crucial religious, family…