Bard College President Leon Botstein Was Close With Jeffrey Epstein
Bard College’s president, Leon Botstein, said his school needed cash. But a rare watch and a Caribbean visit show how his relationship with Jeffrey Epstein sometimes veered into the personal.
Trump Is Hosting Governors at the White House, but Only Republicans
The president’s decision to exclude Democratic governors from an annual meeting later this month breaks a longstanding tradition.
The Culture War Is Over. Bad Bunny Won.
American pop culture is global pop culture, and vice versa.
Amazon's Tax Bill Plunges 87% After Tax Cuts
An anonymous reader shares a report: Republicans' tax cuts shaved billions off Amazon's tax bill, new government filings show. The company says it ran a $1.2 billion tax bill last year, down from $9 billion the previous year, and even as its profits jumped by 45% to nearly $90 billion.
That's largely because of the generous new depreciation breaks GOP lawmakers included in their One Big Beautiful Bill, something that's particularly important to Amazon which -- in addition to maintaining a vast infrastructure for its ubiquitous delivery business -- has been spending billions to build out artificial intelligence data centers.
Also helping, though less important: The law's expanded breaks for businesses research and development expenses. The company has long been criticized by Democrats for paying little in tax, and it appeared to be bracing for criticism in the wake of the report to the Securities and Exchange Commission.
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Cuban Deportees Who Were Transferred to Guantánamo Sent Back to U.S.
Dozens of men appear to be caught up in a political standoff between the Trump administration and Cuba.
Body of Nathan Smith, Lil Jon’s Son, Found in Georgia Pond, Police Say
Nathan Smith, whose stage name is DJ Young Slade, was reported missing on Tuesday after running out of his home in a community north of Atlanta.
Paul Weiss Partners Turned on Brad Karp After Learning Extent of His Epstein Ties
Mr. Karp resigned as chairman of the elite law firm after senior partners met to decide his future.
JD Vance Is Booed at Winter Olympics Opening Ceremony in Milan
Before the event, protesters marched in Milan in opposition to U.S. Immigration and Customs Enforcement, whose personnel are in Italy to advise local officials in securing the Winter Games.
Saalumarada Thimmakka Dies; Planted and Nurtured Thousands of Trees
Believed to be 113, she spent decades building an environmental legacy in India, inspired by her grief at being unable to conceive children.
Memory Prices Have Nearly Doubled Since Last Quarter
Memory prices across DRAM, NAND and HBM have surged 80 to 90% quarter-over-quarter in Q1 2026, according to Counterpoint Research's latest Memory Price Tracker. The price of a 64GB RDIMM has jumped from a Q4 2025 contract price of $450 to over $900, and Counterpoint expects it to cross $1,000 in Q2.
NAND, relatively stable last quarter, is tracking a parallel increase. Device makers are cutting DRAM content per device, swapping TLC SSDs for cheaper QLC alternatives, and shifting orders from the now-scarce LPDDR4 to LPDDR5 as new entry-level chipsets support the newer standard. DRAM operating margins hit the 60% range in Q4 2025 -- the first time conventional DRAM margins surpassed HBM -- and Q1 2026 is on track to set all-time highs.
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We Didn’t Ask for This Internet
Cory Doctorow and Tim Wu explain why the internet failed to live up to its early promise.
Salesforce Shelves Heroku
Salesforce is essentially shutting down Heroku as an evolving product, moving the cloud platform that helped define modern app deployment to a "sustaining engineering model" focused entirely on stability, security and support.
Existing customers on credit card billing see no changes to pricing or service, but enterprise contracts are no longer available to new buyers. Salesforce said it is redirecting engineering investment toward enterprise AI.
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Hidden Cameras in Chinese Hotels Are Livestreaming Guests To Thousands of Telegram Subscribers
An investigation has uncovered a sprawling network of hidden cameras in Chinese hotel rooms that livestream guests -- including couples having sex -- to paying subscribers on Telegram. Over 18 months, the BBC identified six websites and apps on the messaging platform that claimed to operate more than 180 spy cams across Chinese hotels, not just recording but broadcasting live.
One site, monitored for seven months, cycled through 54 different cameras, roughly half active at any given time. Subscribers pay 450 yuan (~$65) per month for access to multiple live feeds, archived clips, and a library of more than 6,000 edited videos dating back to 2017.
The BBC traced one camera to a hotel room in Zhengzhou, where researchers found it hidden inside a wall ventilation unit and hardwired into the building's electricity supply. A commercially available hidden-camera detector failed to flag it. China introduced regulations last April requiring hotel owners to check for hidden cameras, but the BBC found the livestreaming sites still operational.
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AI.com Sells for $70 Million, the Highest Price Ever Disclosed for a Domain Name
Kris Marszalek, the co-founder and CEO of cryptocurrency exchange Crypto.com, has paid $70 million for the domain AI.com -- the highest price ever publicly disclosed for a website name, according to the deal's broker Larry Fischer of GetYourDomain.com.
The entire sum was paid in cryptocurrency to an undisclosed seller. Marszalek plans to debut the site during a Super Bowl ad this weekend, offering a personal "AI agent" that lets consumers send messages, use apps and trade stocks. The previous domain sale record was nearly $50 million for Carinsurance.com, per GoDaddy.
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Big Tech's $1.1 Trillion Cloud Computing Backlog
An anonymous reader shares a report: Amazon, Google, and Microsoft each reported hundreds of billions in RPO (remaining performance obligations) -- signed contracts for cloud computing services that can't yet be filled and haven't yet hit the books. Collectively, the big three cloud providers reported a $1.1 trillion backlog of revenue.
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KPMG Pressed Its Auditor To Pass on AI Cost Savings
An anonymous reader shares a report: KPMG, one of the world's largest auditors of public and private companies, negotiated lower fees from its own accountant by arguing that AI will make it cheaper to do the work, according to people familiar with the matter. The Big Four firm told its auditor, Grant Thornton UK, it should pass on cost savings from the rollout of AI and threatened to find a new accountant if it did not agree to a significant fee reduction, the people said.
The discussions last year came amid an industry-wide debate about the impact of new technology on audit firms' business and traditional pricing models. Firms have invested heavily in AI to speed up the planning of audits and automate routine tasks, but it is not yet clear if this will generate savings that are passed on to clients.
Grant Thornton is auditor to KPMG International, the UK-based umbrella organisation that co-ordinates the work of KPMG's independent, locally owned partnerships around the world. Talks with Grant Thornton were led by Michaela Peisger, a longtime audit partner and executive from KPMG's German member firm, who became KPMG International's chief financial officer at the beginning of 2025.
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The Bizarre Enhancement Claims Rocking Ski Jumping
German newspaper Bild reported in January that some ski jumpers have been injecting their penises with hyaluronic acid ahead of the Milan Cortina Winter Olympics -- the theory being that temporarily enlarged genitalia would yield looser-fitting suits when measured by 3D scanners, and those looser suits could act like sails to produce longer jumps.
A study published last October in the scientific journal Frontiers found that a 2cm suit change translated to an extra 5.8 metres in jump distance. No specific athletes have been accused. The World Anti-Doping Agency said Thursday it would investigate if presented with evidence, noting its powers extend to banning practices that violate the "spirit of sport." The claims arrive as ski jumping already faces scrutiny -- two Norwegian coaches and an equipment manager received 18-month bans in January for illegally manipulating suit stitching.
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Europe Accuses TikTok of 'Addictive Design' and Pushes for Change
TikTok's endless scroll of irresistible content, tailored for each person's tastes by a well-honed algorithm, has helped the service become one of the world's most popular apps. Now European Union regulators say those same features that made TikTok so successful are likely illegal. From a report: On Friday, the regulators released a preliminary decision that TikTok's infinite scroll, auto-play features and recommendation algorithm amount to an "addictive design" that violated European Union laws for online safety. The service poses potential harm to the "physical and mental well-being" of users, including minors and vulnerable adults, the European Commission, the 27-nation bloc's executive branch, said in a statement.
The findings suggest TikTok must overhaul the core features that made it a global phenomenon, or risk major fines. European officials said it was the first time that a legal standard for social media addictiveness had been applied anywhere in the world. "TikTok needs to change the basic design of its service," the European Commission said in a statement.
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Canada Unveils Auto Industry Plan in Latest Pivot Away From US
Canadian Prime Minister Mark Carney has announced a sweeping plan to shore up the country's auto industry and accelerate its electric vehicle transition, the latest in a series of moves to reduce Canada's deep economic dependence on the United States as American tariffs continue to batter the sector.
The plan includes financial incentives for carmakers to invest in Canada, a new tariff credit scheme for manufacturers like General Motors and Toyota, and the reintroduction of EV buyer rebates. Canada will also enact stricter vehicle emissions standards and has set a goal of EVs comprising 90% of car sales by 2040. Carney at the same time scrapped a 2023 EV sales mandate introduced by former PM Justin Trudeau that automakers had called too costly.
The announcements follow a deal last month with China to ease tariffs on Chinese EVs and an agreement with South Korea to encourage Korean car manufacturing in Canada. Roughly 90% of Canadian-made vehicles are exported to the US, and thousands of auto workers have lost their jobs since Trump imposed 25% tariffs on Canadian cars and parts last year.
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Why This Is the Worst Crypto Winter Ever
Bitcoin has fallen roughly 44% from its October peak, and while the drawdown isn't crypto's deepest ever on a percentage basis, Bloomberg's Odd Lots newsletter lays out a case that this is the industry's worst winter yet. The macro backdrop was supposed to favor Bitcoin: public confidence in the dollar is shaky, the Trump administration has been crypto-friendly, and fiat currencies are under perceived stress globally. Yet gold, not Bitcoin, has been the safe haven of choice.
The "we're so early" narrative is dead -- crypto ETFs exist, barriers to entry are zero, and the online community that once rallied holders through downturns has largely hollowed out. Institutional adoption arrived but hasn't lifted existing tokens like ETH or SOL; Wall Street cares about stablecoins and tokenization, not the coins themselves. AI is pulling both talent and miners toward data centers. Quantum computing advances threaten Bitcoin's encryption. And MicroStrategy and other Bitcoin treasury companies, once steady buyers during the bull run, are now large holders who may eventually become forced sellers.
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