Stuart Bunn

What a turn up for the books!

@lesstenny @tonycilla Colossal win ... and a swing to Federal Labor ...

Yes thanks again for your contribution One Nation voters Labor could not have done this with out your votes . Cheers again 💯❤️ #auspol

"Wang singled out markets such as Australia, New Zealand and the Philippines, where he said daily sales volumes are now as high as what the carmaker could previously sell in two weeks." ⚡️⚡️⚡️ #BYD #alwaysbecharging @dunne_insights

Your alarm goes off at 6 AM. There's an email from "Oracle Leadership." You've never gotten a message from that sender before. It says your job is gone, today is your last day, and severance details will arrive by DocuSign. By the time you finish reading, your company laptop is already locked. This happened to up to 30,000 Oracle employees this morning. Oracle reported $17.2 billion in revenue last quarter, its best in 15 years. And it still fired nearly 1 in 5 of its people. The stock went up 6% today. Oracle owes over $108 billion. The company signed a $156 billion deal to build AI data centers over five years, mostly for OpenAI (the company behind ChatGPT). That requires buying roughly 3 million specialized computer chips. Two years ago, Oracle spent $6.9 billion a year on this kind of construction. This year it's $50 billion. The 30,000 people who got that email are funding the gap. Investment bank TD Cowen estimates the layoffs will free up $8 to $10 billion in cash flow, money going straight into chips and construction. Oracle filed a $2.1 billion restructuring plan with regulators in March, and nearly $1 billion had already been spent before the emails went out. Lenders are getting nervous. The cost to insure Oracle's debt against default has spiked to levels last seen during the 2009 financial crisis. Barclays downgraded Oracle's debt in November, warning the company is one step from "junk" status, the point where lenders consider you a serious default risk. Some banks have stopped lending to Oracle for these projects altogether. The gamble gets worse. CNBC reported on March 9 that OpenAI, Oracle's biggest customer for all of this, is already looking at newer, faster chips from Nvidia. Oracle ordered the current generation and spent billions building out a massive Texas facility. OpenAI may not fully expand into it. The chips improve faster than the buildings go up. Larry Ellison, Oracle's founder, owns 41% of the company. In September 2025, Oracle's stock hit $346, and Ellison briefly became the richest person alive at $393 billion. Today, the stock sits around $146. His fortune has dropped to roughly $201 billion in six months. Oracle is spending borrowed money to build data centers that could be outdated before they're finished, for a customer already shopping for newer equipment. 30,000 people woke up to a 6 AM email because that's what it costs to fund a $156 billion bet when your lenders are running out of patience.

This is hilarious ngl

‼️ Meet the guy almost everyone loves for alerting the axios devs about the supply chain attack. He built a supply chain monitoring system last week, and was alerted within minutes of the axios compromise. The world should be thanking Elastic Security's finest: Joe @dez_

🦔The FBI issued a FLASH notice identifying 18 popular router models targeted in a large malware operation. Affected models include routers from D-Link, Netgear, TP-Link, and Zyxel. Attackers exploited known vulnerabilities to install malware called AVrecon, turning compromised devices into residential proxies, essentially renting out access to your home network to criminals who use it to hide their identity online. The FBI estimates access to around 369,000 devices has been sold since 2020 across more than 160 countries. My Take The detail worth understanding here is what a residential proxy actually means for the people whose routers were compromised. Criminals pay for access to these devices specifically because traffic routed through a home router looks like a regular person browsing the internet rather than a server in a data center. Your router becomes cover for someone else's fraud, cyberattacks, or worse, and you have no idea it's happening because your internet still works fine. The FBI noted patches were already available for some of the vulnerabilities that were exploited. If your router is on this list, check the manufacturer's site for a firmware update. If it's old enough to no longer receive security patches, it's worth replacing reddgardless of whether it appears here specifically. Hedgie🤗

New York just kicked out Palantir, the Swiss did it last year. Time for everybody else to do it too. Cancel Palantir.

A follower emailed the BBC about Thomas Skinner claiming that he was paid £2k for his Question Time appearance. He was only paid £150. It's a weird thing to lie about.

#BREAKING: Prime Minister Anthony Albanese will deliver an address to the nation tonight as the local impact stemming from the Iran war continues to intensify. Follow live. abc.net.au/news/2026-04-0…

Oracle laid off between 30k employees Tuesday to fund its AI data center biz. Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from "Oracle Leadership" with no prior warning.

Elon Musk has spent a decade trying to control an AI lab. He tried to absorb DeepMind into Tesla in 2014. Then OpenAI in 2018. When that failed, an intern spoke up. It did not end well.

The Green Party are on the cusp of being the leading political party in the polls. Felt pretty emotional to get this reception from thousands of educators and support staff. The tide is turning - let's do this! 💚 Join.greenparty.org.uk

Some may think this is good news for AI - but the bubble just got close to a trillion in vapor money blown into it.

Update from the land of the free:

Holy shit… 4TB of job INTERVIEWS, RESUMES, and AI SECRETS just leaked from a $10 BILLION startup. MERCOR uses AI to match people with high-paying gigs and literally records your face, voice, KYC docs and keeps it forever to “match” you with jobs. Your FACE + VOICE + ID could be on the dark web right now. Hackers (Lapsus$) claim they stole 4 TB through the company’s Tailscale VPN: - 211 GB of candidate resumes and personal data - Terabytes of video interviews + passport + KYC docs - Almost 1 TB of source code damn that Claude Mythos "God Tier" at Cyber stuff got into the wrong hands lol

CISCO DATA STOLEN BITCH ITS TUESDAY STOP

These absolutely insane LLM wizards are now experimenting with Turboquant not just to compress KV cache, but now, the entire model itself. This test showed a >50% reduction in memory footprint, allowing for Qwen 3.5-27B to be run on a single RTX 5060 @ 3.15bit precision - with no apparent degradation. This just goes to show that we're likely nowhere near full optimization for existing models. We are likely <1yr away from running big models on smol devices with minimal consequence. And during that time, they will only get better and better. What a time to be alive.