Author: Justin M. Larson

NEWYou can now listen to Fox News articles! If you have ever sat in traffic staring at brake lights and questioning your life choices, this story will hit home.South Metro Atlanta is becoming the first place in the world to publicly test Glydways’ Automated Transit Network in live passenger service. The idea sounds simple. Put small electric vehicles on their own narrow guideways. Keep them out of mixed traffic. Use AI to coordinate everything. The promise? Rail level capacity at bus fare prices without decade-long construction headaches.That is a bold claim. So let’s unpack it.Sign up for my FREE CyberGuy…

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AI robots will exceed the working population within a few decades as more firms adopt AI agents and continue to squeeze costs, a former Citi executive warned on Monday. Rob Garlick, Citi Global Insights’ former head of innovation, technology, and future of work, told CNBC’s “Squawk Box Europe” that as leaders continue to prioritize profitability, their human workers will be left in the dust. “We have a leadership system in the economic terms and business terms that celebrates profitability,” Garlick said in a conversation with CNBC’s Steve Sedgwick and Ben Boulos. “When you marry profitability up with the technology progress,…

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The MSC Emma container ship on the dockside at the Port of Felixstowe in Felixstowe, UK, on Thursday, Nov. 20, 2025.Bloomberg | Bloomberg | Getty ImagesBritish companies are seeking deeper trade ties with Europe, business groups told CNBC, as U.S. President Donald Trump unveiled a sweeping 15% tariff on all imports after the Supreme Court struck down previous levies.New tariffs would mark a 50% increase on the level negotiated last year in a trade deal between the U.K. the U.S., making the country one of the worst hit, according to analysis from think tank Global Trade Alert. While U.S. Trade…

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A porn company has just been handed the largest fine ever issued under the Online Safety Act.8579 LLC, a pornography provider with a clutch of popular sites, was fined a record £1.35m for not having age checks in place, plus £50,000 for failing to respond to an information request. Ofcom, the UK’s communications regulator that issued the fines, said if the firm does not immediately implement highly effective age assurance, it will also face a daily penalty of £1,000.It will also be fined £250 a day until it responds to the regulator’s requests for information, including a full list of…

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Activist hedge fund Saba Capital Management is preparing to swoop down on three Blue Owl Capital private credit funds which recently offloaded some $1.4 billion of loan assets, as fears grow over software valuations and a broader liquidity squeeze in private markets. Private credit manager Blue Owl’s share price has fallen sharply in recent days amid growing concerns over a liquidity crunch in its debt vehicles. The firm has overhauled the liquidity terms in one of its funds, Blue Owl Capital Corporation II, restricting investors’ ability to withdraw their money. Now, Boaz Weinstein’s Saba Capital, along with Cox Capital Partners,…

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European startup IQM is aiming to build powerful quantum computers to rival the likes of Google and IBM.IQMFinland-based quantum computing startup IQM announced plans Monday to become one of Europe’s first publicly listed companies in the sector.IQM will merge with special purpose acquisition company (SPAC), Real Asset Acquisition Corp as part of the listing in New York. The deal, which gives IQM an initial equity valuation of $1.8 billion, is pending shareholders’ approval and other regulatory conditions being met, the firm said in a Monday statement.The company is eyeing the transaction being completed around June this year, with the listing…

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Novo Nordisk stock fell 13% Monday after it said its next-generation weight loss drug didn’t meet its key goal of showing that it wasn’t inferior to Eli Lilly’s rival drug.The drug, CagriSema, didn’t achieve its primary endpoint of demonstrating non-inferiority on weight loss when compared to Eli Lilly’s rival drug tirzepatide after 84 weeks, Novo said in a statement Monday morning. Tirzepatide is the active ingredient in Lilly’s mega-blockbuster medicines Mounjaro and Zepbound, which have overtaken Novo Nordisk’s semaglutide, sold as Ozempic and Wegovy, in U.S. prescriptions. Novo’s Copenhagen-listed shares were last seen down 12.9% at 263 Danish kroner, hitting…

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Mexico’s most wanted man and the leader of the feared Jalisco New Generation (CJNG) drug cartel has been killed, Mexico’s defence ministry has confirmed.The security operation and killing has been heralded as a victory in both Mexico and the United States.However, it was met with violence across Mexico as the CJNG retaliated by setting cars alight, building roadblocks and attacking security forces in eight states.Mexico’s President Claudia Sheinbaum Pardo has urged people to remain “calm”. Source link

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Hyperscalers are significantly ramping up their AI capex spending — and increasingly using credit markets to fund it. But investors say this shift is challenging mega-cap tech giants’ so-called ‘fortress balance sheet’ status, and rips up what they call the “unspoken contract” that kept speculative AI spending largely separate from debt markets.After Amazon, Meta and Google-owner Alphabet all unveiled sizable increases in their full-year capex spending plans during earnings season, UBS data indicates that aggregated capex spend among AI hyperscalers could top $770 billion in 2026 — some 23% higher than previously expected.In a Feb. 18 note, UBS credit strategists…

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Nemesio Oseguera Cervantes – more commonly known as ‘El Mencho’ – is one of them. Hailing from humble rural roots in the western state of Michoacán, his rise to the top of one of the most feared and dangerous cartels in modern Mexico, the Jalisco New Generation Cartel (CJNG), was meteoric. And it was achieved through aggression, ambition, brutality and ruthlessness. Source link

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“If this is a condition for ending the war, let’s do it. I said, ‘honestly, you constantly raise the issue of elections’. I told the partners, ‘you need to decide one thing: you want to get rid of me or you want to hold elections? If you want to hold elections, (even if you are not ready to tell me honestly even now), then hold these elections honestly. Hold them in a way that the Ukrainian people will recognise, first of all. And you yourself must recognise that these are legitimate elections'”. Source link

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