#profits — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #profits, aggregated by home.social.
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https://www.theguardian.com/society/2026/aug/21/baby-foods-uk-too-much-sugar. "Almost a quarter of popular branded #baby #foods sold in #UK #supermarkets still contain excessive amounts of #sugar, a year after the #Government introduced #voluntary #industry #guidelines." Voluntary guidelines be damned! Time for compulsory ones - the #food #industry obviously doesn't care about #child #health, only about its #profits!
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https://www.theguardian.com/us-news/2026/aug/16/california-openai-protester-wynd-kaufman. In what way, precisely, was Wynd Kaufman "endangering the #public #safety" of anyone in #SanFrancisco? She might have been "endangering" the #profits - for a very short time - of the #AI #industry, but that is hardly the same thing, & does not warrant #imprisonment, not even for a week, @DoomsdaysCW. I am in full #solidarity with her, & all other #protesters against AI.
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#Apollo chief economist #TorstenSlok warns that the #AIboom’s #profits are being funded by #investors rather than #customers. The most profitable part of the #AIvaluechain, #silicon and #equipment, relies on the least profitable part, #models and #applications, to continue growing revenue or raising capital. This lopsided profit margin structure could threaten the stability of the industry if #AIfinancing slows down. https://fortune.com/2026/08/10/torsten-slok-ai-profit-margins-capex-oracle/?eicker.news #tech #news #ainews
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@tizilogic I’ll take that to be a rhetorical question or a form of sarcasm aimed at the #AISlop industry. I on the other hand can think of many practical uses for such infrastructure, none of which include #LLM #GenAISlop hosting.
PS. It is worth noting that #ComputingInfrastructure has a limited number of years for #ROI (as short as five years) before it is superceded by cheaper, faster, better technology. I cannot see #TechBros achieving anything near the #profits requried to pay for all their *gear* within such a short time frame. They will bleed #cash and #crash before those 5 years are out IMHO — maybe a little longer if financial #markets find other ways to hide the accumulating #debt with some new *derivatives* clever enough to dupe #finance #speculators and the financial #press.
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xAI Ignores Laws and Profits: Rules for Thee, Not for Me
https://illegal.solutions/posts/xai_pollution
Comments: https://news.ycombinator.com/item?id=49201342
#HackerNews #xAI #laws #profits #tech #ethics #AI #accountability
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US beef prices have soared but farmers aren't making more money
https://www.bbc.com/news/articles/cdrv0k0j662o
Comments: https://news.ycombinator.com/item?id=49196510
#HackerNews #USbeefprices #farmers #profits #agriculture #economy
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Aramco, BP, Shell, Equinor, TotalEnergies, Eni, Chevron and ExxonMobil used the biggest disruption of #fossilfuels in the market’s history to almost double their combined #profits from just under $50bn in the same period last year, with millions of households paying the price in higher bills and climate chaos.
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Les banques en ordre des bataille : une fois de plus, elles menacent de représailles si Burnham veut les taxer
https://www.theguardian.com/business/2026/aug/05/bank-windfall-tax-history-andy-burnham-cost-of-livingLes 4 premières #banques britanniques ont réalisé 29 milliards de bénéfice en 6 mois, grâce à la guerre en Iran et à la hausse des taux d'intérêts
De nombreuses voix s'élèvent pour réclamer une #taxation exceptionnelle de ces #profits pour améliorer les conditions de vie des plus précaires
Pour la énième fois depuis qu'elles ont été sauvées par l'État en 2008, les banques ont l'intention de bloquer toute tentative de taxation, par la menace
#Burnham fera-t-il mieux que ses prédécesseurs ? Peu probable
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https://www.theguardian.com/business/2026/aug/04/bp-profits-iran-war-oil-prices-shell. Yet another #oil #company making obscene #profits, courtesy of Donald #Trump & his #illegal #war against #Iran. Boosting #fossilfuel profits might well have been the point of the entire exercise, & never mind all the #death & #Destruction!
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Trump says oil companies are ‘making too much money’ amid Iran war
(AP) – President Donald Trump said major oil companies are earning excessive profits because of high oil prices.…
#NewsBeep #News #BreakingNews #breakingnews #chevron #ExxonMobil #Iran #iranwar #oilprices #PresidentDonaldTrump #profits
https://www.newsbeep.com/677682/ -
“American oil companies are making too much money. I don’t like it."
I don't like it because they're not cutting me in on more of their profits. 😖
https://www.nytimes.com/live/2026/08/03/us/trump-news/5eaa2121-17e4-50a0-b3b8-bdbe3c3183d5
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Trump says oil companies are ‘making too much money’ amid Iran war
(AP) – President Donald Trump said major oil companies are earning excessive profits because of high oil prices.…
#NewsBeep #News #BreakingNews #breakingnews #chevron #ExxonMobil #Iran #iranwar #oilprices #PresidentDonaldTrump #profits
https://www.newsbeep.com/677629/ -
Trump says oil companies are ‘making too much money’ amid Iran war
(AP) – President Donald Trump said major oil companies are earning excessive profits because of high oil prices.…
#NewsBeep #News #BreakingNews #breakingnews #chevron #ExxonMobil #Iran #iranwar #oilprices #PresidentDonaldTrump #profits
https://www.newsbeep.com/677616/ -
#Capitalism (3) Forensic Food #Science
Outrageous: #profits = #stolenwages
(Bosses are always keen to “reduce the cost of labour” eg #LabourHire racket. )
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~"The rise of #PrivateEquity offered a lucrative line of legal work assisting in mergers & acquisitions. The highly competitive area of #CorporateLaw was different from Weiss's specialty - handling complex, long-running litigation. #Karp decided maintaining & increasing the firm's robust #profits required pivoting to corporate work.
~"But decisions he made (led to) the eventual dislodging of #Weiss from its deep (social justice) roots & Karp's eventual tumble."
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@kevinrns Most #Climatechange deniers are just pretenders, agreed. Some, like #Trump, are true (& long-standing) #believers in the #denial #propaganda. The #fossilfuel #industry benefits hugely from the denial, obviously, sacrificing the future of the #planet, & of #humanity, for their short-term #profits.
