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Bailey Lipschultz / Bloomberg : Sources: Nscale faces investor pushback on its ~$30B IPO valuation, with some urging a lower valuation of $16B to $19B, as Microsoft exits a UK data center deal   —  Nscale Ltd. is facing opposition to the valuation target it's pursuing in its initial public offering, according to people familiar …

Anthropic : Anthropic says it's committing 5% of its shares to a Public Benefit Fund, for a total of ~20% with co-founder and staff pledges, plus 2% per 50% valuation rise   —  Today, we're committing a portion of Anthropic's shares to the Anthropic Public Benefit Fund, a new entity with a structure that increases the stake as the company grows.

Kyu-Seok Shim / Reuters : Sources: Nvidia asked Samsung, SK Hynix, and Micron to make base dies for its custom NVHBM memory on TSMC's 3nm process; Samsung agreed, its first use of TSMC   —  Samsung Electronics (005930.KS) will use TSMC's (2330.TW) 3-nanometre process to produce base dies for Nvidia's (NVDA.O) …

Happy hour is becoming the main event for some California diners as the state's high cost of living pushes more customers to seek out discounted meals instead of paying full price for a night out. Chef Alex Carballo of Grand Restaurant Group told Fox News Digital that happy hour once accounted for an estimated 5% to 8% of his business. Now, that figure has climbed to nearly 30%, even as customers cut back on dining out. "My happy hour has increased a lot, so I think people are looking for deals and looking for options," Carballo said. The shift reflects a broader affordability squeeze across California where residents told Fox News Digital that rising costs for housing, groceries and gasoline are forcing them to rethink everyday spending.  California has the highest overall price levels in the nation, according to 2024 data from the U.S. Bureau of Economic Analysis, with prices running roughly 11% above the national average. But affordability pressures extend far beyond t...

Chase DiBenedetto / Mashable : MapQuest adds a Surveillance Layer to its mobile app showing license plate readers and cameras from 10+ companies including Flock, using OpenStreetMap data   —  MapQuest will not go gentle into that good night.  —  The navigation software — which debuted in 1996 and was later eclipsed …

Joe Barnes / Telegraph : Sources: Elon Musk approached Trump with the idea of slowing down Starshield in Ukraine; source: Trump agreed, paving the way for DoD to execute the slowdown   —  SpaceX founder had publicly blamed president for chaos over restrictions, but sources say he initiated them

Michele Tafoya, the Republican nominee for U.S. Senate in Minnesota and a former broadcaster, aggressively sought to put her opponent, Democratic Lt. Gov. Peggy Flanagan, on the defensive during a debate Friday afternoon over the billion-dollar fraud schemes that drew national attention to the state earlier this year. Early in the debate, Tafoya pressed Flanagan on her qualifications for federal office, pointing to her record as lieutenant governor. "My opponent has been second in command in this state for eight years, drawing a taxpayer-funded paycheck. And what do we have to show for that? We have massive fraud, historic fraud. We have test scores down. We have crime spiking. We have a massive surplus turned into a deficit," Tafoya said. TAFOYA MAKES 'COMMON SENSE' PITCH TO DISAFFECTED DEMOCRATS AS SHE VOWS TO FIGHT MINNESOTA’S ‘SOCIALIST LURCH’ "This election is about Peggy Flanagan." Local and federal investigators have uncovered myriad fraud schemes in...