Ahead of US IPO, British AI neocloud Nscale secures $3.36B in convertible financing

Ahead of US IPO, British AI neocloud Nscale secures .36B in convertible financing

Nscale, a British neocloud, has secured $3.36 billion in financing ahead of its IPO later this year, the company announced on Friday. Structured as a convertible note, the massive funding round underscores the staggering capital required to build out AI data centers. Led by hedge fund Third Point, the new investment includes $2.36 billion available … Read more

Private Torrent Tracker Lawsuit Takes Bizarre Turn: ‘I’m a Different Matthew Schneider’ (Updated) * TorrentFreak

Private Torrent Tracker Lawsuit Takes Bizarre Turn: ‘I’m a Different Matthew Schneider’ (Updated) * TorrentFreak

Last month, we reported that defense attorneys representing prominent torrent trackers told a federal judge that the case may have been filed by an impostor. After they revealed their findings, Judge Andrea R. Wood put the case on a sanctions track and scheduled an in-person hearing. Since then, the case has taken some surprising turns … Read more

Best Laptops (2026): My Top Recommendations After Testing Hundreds

Best Laptops (2026): My Top Recommendations After Testing Hundreds

And lastly, for something with a larger screen, I’d recommend the Lenovo IdeaPad Slim 5x. It’s a particularly good alternative to the 15-inch MacBook Air, at a much lower cost. These days, you can buy the upgraded model with the 2560 x 1600 OLED display (and 165-Hz refresh rate) for $1,000, on sale at Amazon. … Read more

Pirate IPTV Operators Face $32.7 Million Judgment and Self-Expanding Blocking Injunction * TorrentFreak

Pirate IPTV Operators Face .7 Million Judgment and Self-Expanding Blocking Injunction * TorrentFreak

Dynamic site blocking orders that allow rightsholders to add new targets without returning to court have been common in Europe for years. In July, Spanish-language broadcaster TelevisaUnivision (TU) obtained a similar order from a federal court in Florida. This preliminary injunction, which started with five pirate IPTV services, expanded to cover hundreds of domains and … Read more

The Trump Administration Is Trying to Get Musk and X Out of a $137 Million EU Fine

The Trump Administration Is Trying to Get Musk and X Out of a 7 Million EU Fine

The US government is trying to get Elon Musk and his social media platform X out of a $137 million fine by the European Union in an escalation of its criticism of the bloc’s tech rules. The US Department of Justice said it had filed an application with the help of the Department of State … Read more

Insurers claim AI is already increasing healthcare costs

Insurers claim AI is already increasing healthcare costs

Hospitals’ use of artificial intelligence tools as they submit insurance claims led to an additional $942 million in healthcare spending over a two-year period, according to an analysis by the Blue Cross Blue Shield Association. The BCBSA analysis found “a sharp increase in patients being documented as having complex conditions,” but argued there is a … Read more

Report Links Pirate IPTV to Hezbollah TV, Calls for U.S. Site-Blocking * TorrentFreak

Report Links Pirate IPTV to Hezbollah TV, Calls for U.S. Site-Blocking * TorrentFreak

Rightsholders have linked piracy to terrorism and organized crime for several decades. The framing first emerged in the late 1990s, when IFPI raised concerns about criminal networks smuggling pirated CDs across borders. The terrorism angle was added in 2003, when the U.S. House held a hearing on piracy’s “links to organized crime and terrorism.” Around … Read more