Microsoft, Google, and Amazon's growth depends on two companies that lose tens of billions of dollars a year. In a newsletter post, "Where's Your Ed At" reported on analyst estimates from Wells Fargo, Barclays, UBS, and Deutsche Bank.

Wells Fargo estimates Microsoft's AI revenue at $34.43 billion, with about 70% coming from OpenAI. — Read the rest

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A federal rule that targets cartel money laundering has driven customers away from the money-transfer counters at small shops on the US-Mexico border. The Guardian's Lourdes Medrano reported on August 11, 2026 that the Financial Crimes Enforcement Network, or FinCEN, ordered businesses in 30 border zip codes in Texas and California to file a report on every cash transaction above $200. — Read the rest

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The Glad av Gillberga is a Swedish replica of a warship pulled from Denmark's Roskilde fjord and dated to around 1040. In nearly 30 years it has crossed the North Sea and sailed to Canada. Universal borrowed it for six months for Christopher Nolan's The Odyssey, where it played one of the escort ships in Odysseus's flotilla — the Greek boats are thought to have resembled Nordic longships. — Read the rest

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Netflix billed the January retreat as a "Vulnerability-Trust exercise," held at Sendero Ranch, a company property in Northern California. Kevin Baillie, then head of creative at Netflix's Eyeline Studios, used his turn to disclose that he'd taken supervised ketamine at a Santa Barbara clinic in late 2022 to treat clinical depression after his mother's death. — Read the rest

The post He disclosed ketamine therapy in a trust exercise. Netflix fired him. appeared first on Boing Boing.

Apple told a court this week that 11 other former employees may have been witnesses or otherwise involved in its trade secrets case against OpenAI, on top of the two it named in the original complaint. Apple is also asking the judge to stop OpenAI from building an AI device based on its technology. — Read the rest

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