A federal judge on Saturday threw out President Trump's lawsuit against the Wall Street Journal and Rupert Murdoch over the paper's reporting on Trump's ties to Jeffrey Epstein,
Why it matters: It's the second time this year courts have blocked Trump's efforts to sue the paper over stories about his relationship with the disgraced financier.
The fight over data centers is national, but midterm ad spending shows the political backlash is concentrated in particular states and regions — especially the Rust Belt.
Why it matters: AI and data centers are set to become even more front-and-center in 2028. The geography of today's backlash could help shape the battlegrounds of the next presidential election.
Unions are facing a conundrum: They like the demand for data center construction because it brings trade work, but they don't like that AI might replace other jobs.
Why it matters: The mixed feelings have led to a split in Big Labor: Trade unions back data centers, while groups like the Teamsters advocate policies to restrict AI.
A powerful backlash against AI and data centers has been building for months, fueling local moratoriums and political opposition, but also fears that the $10 trillion infrastructure buildout could hit a wall.
Why it matters: The stakes extend far beyond the U.S. Any backlash that slows the AI boom could have global consequences, with the futures of politicians, economies and nations increasingly tied to the race for technological supremacy.
Billions of dollars in planned data center construction hang in the balance as the midterms approach — and investors are closely watching a few key races in states where projects are planned but construction has not yet started.
Why it matters: If elections don't go Wall Street's way, you could see restrictions that disrupt key projects and, more broadly, rattle the AI trade currently driving the stock market and helping power the U.S. economy.
Meta is assembling a bipartisan team of Washington veterans as the tech giant looks to deepen its relationships with Democrats while retaining its standing with Republicans, Axios has learned.
Why it matters:Mark Zuckerberg — the founder, chairman and CEO — has developed a close relationship with President Trump over the past few years, which has helped Meta navigate regulatory scrutiny of AI.
The world's biggest crypto heist is the latest feat by North Korean hackers who have spent years perfecting an arsenal of financial theft, social engineering and sophisticated cyberattacks.
Why it matters: The suspected North Korean hackers behind the $6.3 billion Binance theft appear to have combined familiar hacking tactics with extraordinary speed and automation — raising fresh questions about how AI could supercharge their already sophisticated operations.
The latest wave of hyperscaler earnings is spooking Wall Street. Bulls and bears alike have evidence to validate their wildest dreams — or their worst nightmares.
Why it matters: The market's AI obsession has entered its Jekyll and Hyde era, with the latest earnings from tech giants offering contrary signals about the AI boom.
