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9 hours agoBeyond the Hashrate: Why MARA Just Laid Off 15% of Its Staff
MARA has laid off 15% of its workforce as part of a strategic shift towards energy and digital infrastructure services.
"Damage to critical energy infrastructure is another factor that has risen considerably and, in Qatar's case, will be costly both in terms of the cost of repair and foregone revenues from the planned expansion of LNG output, which was set to come onstream later this year and next year."
Of the UK's top 10 datacentre projects, only one - at East Havering in Essex, with projected capacity of more than 600MW - is in the London area. The remainder, totalling just under 4GW, are spread north from Oxfordshire, to Lincolnshire, North Wales, the north east and Scotland, most being sites that can tap into offshore wind or nuclear power.
The UK's close friendship with Ireland is going from strength to strength and I am pleased that we are working together on growth, energy, security and more. This new Irish investment coming into the UK is one part of a much bigger picture of our flourishing cultural, commercial and security ties.
Electrification generated about $5 billion in revenue in '22, and we now expect that number to be $13.5 billion to $14 billion in '26, and we are just getting started. Total backlog hit a record $150 billion at year-end 2025. That's not a quarterly number, that's a multi-year revenue runway already locked in.
TfL currently uses about 1.6 terawatt hours (TWh) of electricity each year, making it the largest single electricity consumer in London. Once operational, the solar installations could supply up to 65,000 megawatt hours (MWh) of renewable electricity each year - equivalent to roughly two-thirds of the Victoria line's annual power consumption.
Midstream dividend ETFs are an underrated way to derive income from the stock market, mainly because Wall Street is still overlooking them. ETFs like the Alerian MLP ETF (NYSEARCA:AMLP), USCF Midstream Energy Income Fund (NYSEARCA:UMI), and Global X MLP ETF (NYSEARCA:MLP) have outperformed most classic income vehicles, and have sometimes done so with double the yield. Midstream energy companies include pipeline operators and storage facility owners that transport oil and natural gas from production sites to refineries and end users.
The UK is entering a pivotal phase in the evolution of its digital economy as artificial intelligence (AI) shifts from experimental innovation to mainstream dependency. Platforms such as ChatGPT now attract hundreds of millions of weekly active users worldwide, while Microsoft 365 Copilot has been rapidly adopted across the enterprise landscape, with nearly 70% of Fortune 500 companies integrating it into daily workflows.
Ukrainian drones struck a Russian oil depot overnight, breaking through the netting that had been installed earlier to protect the site from such attacks, a security official told Business Insider on Thursday. Long-range Ukrainian drones struck an oil depot in Velikiye Luki, a city in western Russia's Pskov region, a source in the Security Service of Ukraine (SBU) said. They were only authorized to speak on the condition of anonymity to discuss military operations.
Anthropic is the latest AI company promising to limit the impact its data centers have on nearby residents' electricity bills. The company said it would pay higher monthly electricity charges in order to cover 100 percent of the upgrades needed to connect its data centers to power grids. "This includes the shares of these costs that would otherwise be passed onto consumers," the announcement says. Anthropic didn't provide details today about any agreements it has inked with energy companies in order to accomplish these goals.
A Russian attack killed four people, including three small children, in the Ukrainian city of Bohodukhiv, west of Kharkiv, regional governor Oleh Syniehubov said on the Telegram messaging app early on Wednesday. Two one-year-old boys and a two-year-old girl died as a result of an enemy strike, as well as a 34-year-old man, Syniehubov said. A 74-year-old woman was also injured, he added. Russian attacks on energy infrastructure left the Lozova community in the Kharkiv region without electricity, local official Serhii Zelenskyy said.