AI will make the biggest companies bigger and the smallest more powerful. Hotels show who gets squeezed

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The next technology wave will produce a barbell: scaled platforms at one end, focused operators renting their capabilities at the other.

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The Guardian•

UK’s biggest EV battery gigafactory shelves expansion as Jaguar Land Rover talks stall

Chinese-owned AESC has pushed back plans in sign of slowing transition from petrol and diesel to electric cars Andy Burnham moves to cut new EV sales targets The UK’s biggest gigafactory has shelved plans to expand production in Sunderland because of…

Brief by WorldPing · Original reporting by The Guardian

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Fortune•

AI isn’t changing how companies work. It’s changing what a company is

The companies that win the AI era will be the ones willing to eliminate assumptions built for a world where intelligence was scarce and action was slow.

Brief by WorldPing · Original reporting by Fortune

WorldPing

NPR Business•

Why some companies are paying more than $1 million to get through the Panama Canal

With the Strait of Hormuz effectively closed, pressure on the Panama Canal has increased. And combined with lower water levels, transit prices through the canal are soaring.

Brief by WorldPing · Original reporting by NPR Business

WorldPing

BBC News•

Powerful magnitude 7.7 earthquake kills at least 38 in Indonesia

A search and rescue operation is under way to find survivors in Flores, an island in eastern Indonesia.

Brief by WorldPing · Original reporting by BBC News

CBS News•

Two powerful earthquakes hit Indonesia on same day, at least 38 dead

With magnitudes of 7.7 and 6.4, two earthquakes hit different parts of the vast country of Indonesia in the same day.

Brief by WorldPing · Original reporting by CBS News

France 24•

Indonesia hit by two powerful earthquakes

Indonesia hit by two powerful earthquakes — full report at France 24.

Brief by WorldPing · Original reporting by France 24