China Market Update: Strong Start For Alibaba’s Singles Day As GIC Noids Nio
China Market Update: Alibaba Singles Day Kicks Off Strong, Nio Faces GIC Lawsuit Asian Markets Rally on Easing US-China Tensions…
Month: October 2025
Powell: Fed ‘should have’ stopped buying mortgage-backed securities sooner as the Pandemic Housing Boom raged on
Fed’s MBS Purchases Under Scrutiny: Powell Reflects on Pandemic Housing Market Impact Powell’s Candid Assessment of Fed’s Mortgage-Bond Strategy Federal…
FCC Moves to Expel Hong Kong Telecom Giant from US Networks Over Security Concerns
Federal regulators are taking action against one of Hong Kong’s largest telecommunications providers, citing potential national security threats. The FCC has ordered HKT to explain why it shouldn’t be removed from US networks amid growing concerns about Chinese government influence.
US Regulators Target Hong Kong Telecom Provider
The Federal Communications Commission is moving to expel Hong Kong Telecom (HKT) from US telecommunications networks, according to reports from regulatory sources. The agency has issued an “Order to Show Cause” directing the company to explain why the FCC should not begin revocation proceedings against it, citing what officials describe as significant national security concerns.
AI Startup Poolside Partners with CoreWeave on 2GW Texas Data Center Project
AI startup Poolside is collaborating with cloud provider CoreWeave to develop a massive 2GW data center on West Texas ranch land. The project, dubbed Project Horizon, will utilize natural gas from the Permian Basin and feature advanced GPU clusters for AI model training. Construction is scheduled for completion in early 2027.
Major AI Infrastructure Project Announced for Texas
AI startup Poolside has entered into a strategic partnership with cloud computing specialist CoreWeave to develop a massive 2-gigawatt data center in West Texas, according to reports from industry sources. The facility will be constructed on 568 acres of the Longfellow Ranch, property owned by the Mitchell family which has extensive experience in Texas oil and gas operations.