NHS poised to slash recruitment to avoid 'financial ruin' and use AI to help doctors treat patients, leaked workforce plan suggests
A leaked workforce plan says the NHS in England will have to rely on technology to get by with hundreds of thousands fewer staff than the previous Conservative government had planned.
Frustrated franchisee sues Pizza Hut over crappy kitchen AI
The group claims $100M in losses from flubby system
'King of the North' Burnham's got plenty of braggadocio... but no answers, says RUTH SUNDERLAND
Experts fear the UK is staring in the face of stagflation, a ruinous combination of high unemployment, high inflation and low growth.
NextEra and Dominion's $67 Billion Mega-Merger Is All About the Data Centers
An anonymous reader quotes a report from Inside Climate News: A proposed merger of the largest utility in the country by market value, NextEra Energy, with the sixth-largest, Dominion, would create a megacompany at a time when data centers and rapid increases in electricity demand are reshaping the industry. The proposal, announced Monday morning and contingent on state and federal regulatory approval, would result in a company that leads in nearly every aspect of the US power and utility industry, including overall electricity generation, natural gas generation, and renewables. The $67 billion deal combines NextEra's size and reach with Dominion's positioning as the local utility for the world's largest concentration of data centers in northern Virginia. But the results are likely bad for consumers and the environment, creating a company with enormous financial and political strength that will be difficult to effectively regulate, according to consumer advocates and analysts.
For perspective, only Exxon Mobil and Chevron would be larger based on market value among US-based energy companies. "Mergers are not about consumers; they're about shareholders," said Ari Peskoe, director of the Electricity Law Initiative at Harvard Law School. "For the Dominion shareholders, they are selling their shares at a premium. The executives are getting massive payouts for facilitating this, assuming it all goes through, and obviously NextEra believes the transaction is going to add value to the company. Ratepayers are all an afterthought." The deal makes financial sense for both companies, said Andrew Bischof, an equity analyst for Morningstar. "We view the transaction as allowing NextEra to accelerate its data center ambitions, which had trailed those of its regulated peers, by using Dominion's expertise and relationships to expedite NextEra's data center hub plans," he said in a note to clients.
NextEra, based in Juno Beach, Florida, includes Florida Power & Light, the largest regulated electricity utility in the state, and NextEra Energy Resources, a wholesale electricity supplier that owns power plants across the nation. Dominion, based in Richmond, Virginia, includes regulated utilities serving much of Virginia, parts of North Carolina and South Carolina, and other assets across the country. The company would be called NextEra Energy, and NextEra CEO John W. Ketchum would serve in the same role after the deal closes. Robert M. Blue, Dominion's CEO, would be the CEO for regulated utilities for the merged company. The parties said they expect regulatory approvals to take 12 to 18 months. NextEra shareholders would own 74.5 percent and Dominion shareholders would own 25.5 percent, respectively, of the combined company in the all-stock transaction. "We are bringing NextEra Energy and Dominion Energy together because scale matters more than ever -- not for the sake of size, but because scale translates into capital and operating efficiencies," Ketchum said in a statement.
Although the companies claim the deal would produce savings, including $2.25 billion in Dominion customer bill credits, former regulator Marissa Paslick Gillett said she was "flabbergasted by the tone deafness," arguing that major utility mergers rarely deliver the promised "synergies" and often create "a behemoth" that is harder to regulate.
Others warned that a larger NextEra could use its political power "to the disadvantage of ratepayers," while climate advocates said expanding methane gas plants to serve data centers would worsen pollution and leave vulnerable communities "at the short end of the stick."
Read more of this story at Slashdot.
Bournemouth vs Manchester City - Premier League LIVE: Latest score, team news and updates as Arsenal are CHAMPIONS for the first time in 22 years as Pep Guardiola's side draw 1-1 on the south coast
Follow Daily Mail Sport's live blog for the latest score, team news and updates as Bournemouth welcome Manchester City to the Vitality Stadium in the Premier League.
Google touts its tokenmaxxing and capex spending amid AI orgy
Chocolate Factory readies always-on agents for searchers
JD Vance reveals wife Usha's shock personal connection to mosque at center of deadly San Diego massacre
Vice President JD Vance revealed that wife Usha, who was born and raised in San Diego, 'absolutely' knew of people who attended the mosque where three people were killed on Monday.
Fighter jets scrambled over Washington DC as terrified local residents hear sonic boom
F-16 fighter jets were scrambled over Washington DC on Tuesday.
CDC 'working with FIFA to ensure safety' of World Cup as team from Ebola outbreak epicenter is set to travel to US
The CDC is working closely with FIFA on safety and screening measures ahead of the World Cup as a team from Congo, which is experiencing an Ebola outbreak, plans to travel to the US for the tournament.
I've been to the Maldives death caves countless times but NEVER into the third chamber where the tourists died... it was an accident waiting to happen, says local expert as he describes the horrors the group could have experienced there
'I have visited those caves countless times. There is no current. They swam into that third cave. They chose to go in there,' a former military diver for the Maldives National Defence Force tells the Daily Mail.
Nicole Richie, 44, poses with daughter for first time in two years... after explaining teenager's drastic identity change
The 18-year-old, whose dad is Good Charlotte singer Joel Madden, was showing off her dyed dark hair as she modeled a goth look made up of a strapless leather minidress with black boots.
OpenAI Co-Founder Andrej Karpathy Joins Anthropic
OpenAI co-founder Andrej Karpathy has joined rival AI lab Anthropic. "The hire is a major coup for Anthropic in the high-stakes competition for elite AI talent -- and another sign the company is emerging as a magnet for some of the industry's most respected technical minds," reports Axios. From the report: Karpathy will start this week on Anthropic's pre-training team, which is responsible for the massive training runs that give Claude its core knowledge and capabilities, according to Anthropic. Karpathy will help launch a new team focused on using Claude itself to accelerate pretraining research -- an increasingly important frontier as AI companies race to automate parts of AI development. "I think the next few years at the frontier of LLMs will be especially formative. I am very excited to join the team here and get back to R&D," Karpathy said in a post on X.
Karpathy is a rare AI figure with credibility across research, industry and education. He was a founding member of OpenAI before serving as Tesla's director of AI, where he led the computer vision team behind Autopilot. Karpathy coined the term "vibe coding" and recently described himself as being in a "state of AI psychosis" since December -- embracing "tokenmaxxing" and aggressively stress-testing frontier models.
Read more of this story at Slashdot.
Strictly's new host Josh Widdicombe celebrates with fish and chips in the rain with his wife and kids as his axed dance partner Karen Hauer sends her congratulations
On Tuesday, it was announced that the comedian would join Emma Willis and Johannes Radebe as the new faces of the show, after Tess Daly and Claudia Winkleman's exit.
LIV Golf 'laying the groundwork for BANKRUPTCY': Bombshell report claims end of sport's civil war is near as Saudis prepare to pull funding
The league was plunged into crisis last month when Saudi Arabia's Public Investment Fund confirmed that it was pulling the plug on its $6billion investment into the breakaway golf circuit.
Moment 'housebound' benefit cheat takes part in combat classes and works out at the gym - as she is jailed for £25,000 fraud
Former nurse Helen Green, 49, from Shrewsbury, Shropshire, was described as 'breathtakingly dishonest' as she was today sentenced to seven months in prison.
Meghan shares more wedding anniversary celebrations as Harry presents her with a penguin statue after they dressed up in onesies at their engagement party
The couple wed at St George's Chapel at Windsor Castle at a ceremony attended by Sir David Beckham, George Clooney and Oprah Winfrey in 2018.
Migrant hotel manager with no legal right to work in Britain wins employment tribunal
Erin Ong is in line to receive compensation for race, sex and disability discrimination during her time at the Fisherbeck Hotel in Ambleside, Cumbria.
Fiancée of rail worker who killed himself after cancer diagnosis is locked in High Court fight with his Roman Catholic mother over whether he should be cremated or buried
Transport for London worker Simon Comerford, 36, died by suicide in February around a year after he received the devastating news he had testicular cancer.
Met Police is urging 'MAFS victims of rape and sex assault' to come forward - as latest UK series 'is axed' over brides' claims they were attacked by their on screen husbands
The Metropolitan Police has urged any women with allegations of rape or sexual assault linked with Married at First Sight to get in contact with them.
Zara McDermott receives a sweet kiss from Joey Essex as they leave wrap party after filming Cooking With The Stars
Zara McDermott and Joey Essex were spotted saying a sweet goodbye after the wrap party for Cooking With The Stars in which they are both set to appear.