The Economics of Everyday Things - 92. Data Centers

Where is “the cloud,” anyway? It’s in a bunch of nondescript warehouses all over the country. Zachary Crockett serves up the story.

 

  • SOURCES: 
    • Chris Kimm, senior vice president of global customer care and customer experience at Equinix.
    • Raul Martynek, C.E.O. of DataBank.
    • Clayton Rosati, associate professor of geography at Bowling Green State University.

 

 

 

PBS News Hour - Science - One woman’s mission to help save cheetahs from extinction

Cheetahs, the fastest mammals on Earth, are now in a race against extinction. It’s estimated that fewer than 7,000 exist in the wild. John Yang speaks with Laurie Marker, a woman who has already helped dramatically reduce one threat to cheetahs and is tackling new ones that have emerged, for our Weekend Spotlight. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Consider This from NPR - Looking for clues from Pope Leo XIV’s sermons

The election of the first American pope is a remarkable moment in the two thousand year history of the Catholic Church. But in choosing his name, it's clear Leo is looking forward.

NPR's Scott Detrow and Jason DeRose look at what his selection means for Catholics and non-Catholics alike, in both the U.S. and around the world.

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Consider This from NPR - Looking for clues from Pope Leo XIV’s sermons

The election of the first American pope is a remarkable moment in the two thousand year history of the Catholic Church. But in choosing his name, it's clear Leo is looking forward.

NPR's Scott Detrow and Jason DeRose look at what his selection means for Catholics and non-Catholics alike, in both the U.S. and around the world.

For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.

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WSJ What’s News - 70,000 Bets a Minute: How FanDuel’s Parent Is Winning at Sports Gambling

This week, we’re bringing you an episode of Bold Names, which presents conversations with the leaders of the bold-named companies featured in the pages of The Wall Street Journal. On this episode, hosts Tim Higgins and Christopher Mims speak to Peter Jackson, the CEO of Flutter Entertainment, who leads a global sports betting empire. With the U.S.-based FanDuel as its crown jewel, he has a prime view of one of the fastest-growing and most profitable entertainment industries in the world. How is Flutter using technology to supercharge sports betting, while grappling with its potential harms? 

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The Daily Signal - EXPOSED: How Wall Street Funnels US Money to CCP

In this eye-opening episode of The Daily Signal podcast, Rob Bluey interviews Chris Iacovella, CEO of the American Securities Association. Iacovella recently testified before Congress about a disturbing financial reality many Americans are unaware of.

Iacovella explains how Wall Street exploits multiple loopholes that allow companies controlled by the Chinese Communist Party (CCP) to access American capital markets, despite laws prohibiting foreign ownership of Chinese companies.

Key points discussed:

  • How American investments are unknowingly funding CCP activities, including the internment of Uyghurs, PLA weapons systems, cyber attacks against the U.S., and what the State Department has classified as genocide
  • The "Variable Interest Entity" loophole: Americans who think they're buying shares in Chinese companies like Alibaba are actually only purchasing rights to a contract with a Cayman Islands company that contracts with the mainland Chinese company
  • The "Passive Index" loophole: Asset managers include mainland Chinese companies in index funds sold to U.S. investors, allowing these companies to access American capital without complying with U.S. laws and regulations
  • Bipartisan legislation from Rep. Andy Barr and Sen. John Cornyn aimed at identifying Chinese companies with ties to the military or specific technology infrastructure
  • Why China's economic competition is fundamentally unfair: "When you have slave labor, no environmental laws, no OSHA laws, and no labor laws, of course it's going to be cheaper"

Iacovella also explains the mission of the American Securities Association as a non-Wall Street trade association representing approximately 100 member firms across the country. Its mission is to "promote investor trust and confidence and to facilitate the flow of capital to small businesses across America."

Listen now to understand how your investments might be inadvertently supporting a foreign adversary and what you can do about it.

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Everything Everywhere Daily - The Ancient Greek Olympics

Almost 3000 years ago, the Ancient Greeks established what was a unique method of honoring their gods: an athletic competition. 

Men from city states all over the Greek world would come to Mount Olympus to compete. For those crowned champion, there were few honors greater. 

Over the centuries, more and more competitions were added until one day, an emperor put an end to everything until its modern revival.

Learn more about the ancient Olympics, what they were, and how they were contested on this episode of Everything Everywhere Daily.

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Up First from NPR - The Trial of Sean Combs

Sean Combs who was once at the forefront of hip-hop music and fashion is now on trial for sex trafficking. The hip-hop mogul launched the careers of numerous stars and grew his business empire to a reported $1 billion dollars in 2022. A fortune that has since shrunk considerably as he faces multiple civil lawsuits, a crumbling media empire and the prospect of years behind bars.

With his trial set to begin tomorrow, today on The Sunday Story NPR Music reporter Isabella Gomez Sarmineto shares how Sean Combs went from music intern to media mogul and how it all came crashing down.

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