Tahoe is not a town. It is a region containing many towns. Most of it will continue to have power (mostly through NV Energy). This is a single utility that has failed to plan for this planned transition for 17 years. Invoking the data center bogeyman for political sympathy is the only thing going on here. Liberty has failed repeatedly to address this problem for nearly two decades and it's beyond time they were cut loose. I have sympathy for the people who have to suffer from their failure but this is not NV Energy's fault nor is it related to data centers at all: NV energy has been rapidly expanding capacity faster than growth in consumption and has 19 active geothermal plants in the area with more on the way as well as wind and solar.
I have no problem with new datacenters being built, but if the Fortune article is to be believed, it's that the suddenly tight timeline is due to the rapid increase in need for these facilities.
my post is more about how we really need to be seeking energy sources from all possible corners, and we have a government that is literally paying billions to contractors to cancel wind projects.
The timeline expired 17 years ago. They've been granted numerous extensions. This deadline is neither new nor "suddenly tight". They were granted another extension last year. They're simply informing Liberty there will be no further extensions. If you have to wonder who's wrong: The utility that's been granting extensions for 17 years or the utility that's been missing their deadline for 17 years I think you'll have your answer if you think about it.
Chargebacks. "Oh, honey, I don't know how that got there. A hacker must've stolen my card! I'll call the bank immediately!" Worked in the adult industry and traditional e-commerce. It's a perennial problem.
> Chargebacks. "Oh, honey, I don't know how that got there. A hacker must've stolen my card! I'll call the bank immediately!" Worked in the adult industry and traditional e-commerce. It's a perennial problem.
As explained elsewhere, this is a problem for the merchants, not for the platforms. The platforms don't lose money on this, and may in fact profit off of it.
I managed an adult platform with 200 employees and $75 million in revenue and a dedicated Risk Analysis team. I think I know a thing or two about this, but thanks for the input.
Perhaps a simple analogy would work here - you made $86,000 in 2016, and had a $6,000 surplus that represents your profit. In 2020 you made $50,000 and spent $5,0000 of your savings to stay afloat. You shrink your lifestyle. Now in 2025, you make $35,000 a year, and have a $2,000 surplus. There are no prospects for more income and you expect to earn $32,500 next year, and maybe $30,000 the year after. Would you consider this a turnaround for your finances?
Likewise, the company's revenue has declined ~60% in the last ten years, and declined 5% from 2024 to 2025. The business became marginally profitable when they shrank the business by reducing operating expenses and produced a small profit.
There are no significant avenues for growth in their current business model, revenue will continue to decline, as it has for the last ten years because the core model of re-selling used games continues to shrink. As revenue decline continues, they'll run out of people to lay off and stores to close, there will be no profit because the revenue is too small, and the company will BK.
There is no turn around, the company continues a death spiral.
You can see from the right hand column that many of those companies have delivered returns over the last twelve months, unlike GameStop. Also it appears many companies that don't have $9 billion are generating returns as well.
You seem to be making some of your statements as if they exist in a vacuum. The context is easily half the story.
For instance, do you know where that $9 billion in cash came from? It was not revenue I’ll tell you that much. Their revenue has been rapidly dropping, they’re shuttering stores, etc. They didn’t get that cash from successfully turning around operations.
GameStop has zero debt and billions in cash on its books. It is not a stretch for them to be making this offer. It really does make sense here for both sides.
For my use case I need MSL to support fp64. Until that happens I don't care what hardware changes they make: I'm not going to be filling racks with M5s and they're not producing something I can use to even tinker with AI with in my spare time. Apple has lost the AI war before it even got started IMO.
My concern is Cloudflare will implement this plan in a way that makes it very profitable for large players and absolutely kills any new entrants to the market in the future.
...which explains the link to China. NK natives probably do not typically have access to computers or the open internet, but the children of certain elites are educated in China. There may even be a collaborative effort between the two states.
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