Mission Everywhere

Christina Nicolson's 10-year-old son started his first business with a vending machine. Courtesy of Christina Nicolson Christina Nicolson is the mother of 11-year-old Landon Nicholson. They live in Wellington, Florida. Landon approached her about starting a vending machine business over a year ago. Christina, a business owner herself, shares what it's been like so far. This as-told-to essay is based on a conversation with Christina Nicholson , the mother of Landon Nicholson. It has been edited for length and clarity. My son, Landon, and I own a vending machine together. We started when he was 10, over a year ago. Landon got the idea for his vending machine business at one of his sister's basketball games. He was helping at the concession stand during a Wellington Wolves tournament and started noticing just how many people wanted snacks and drinks. That was the moment the lightbulb went off. First, he wanted to have a candy store , and I said, "Let's start smaller....

Financial Times : Sources: Meta explores a stock offering to raise tens of billions to fund AI capital expenditures, following Google's record $85B share deal; META drops 5%+   —  Facebook parent could sell tens of billions of dollars in new stock as it seeks to finance AI infrastructure from Techmeme https://ift.tt/wtWT7Sr

Microsoft CEO Satya Nadella says that AI agents should be treated just like human employees. Fabrice COFFRINI / AFP via Getty Images Companies are trying to figure out the best way to manage all the AI agents they're using. Part of the answer might involve treating them like people, Microsoft CEO Satya Nadella said. AI agents should have identities and permissions like human employees, he said. Microsoft uses a lot of AI agents . To help manage them, it's starting to think of them like human employees. CEO Satya Nadella said the software giant is figuring out what kinds of tools and policies it needs to oversee all the agents it's created. That includes giving agents specific permissions for what they can and cannot access within the company, as well as ways to audit their work, he said. "You need to give them identities, you need to give them sandboxes, then you need to set policies to govern them," Nadella told Reid Hoffman in an episode of the "Possible P...

Samuel Boivin/NurPhoto via Getty Images Retail participation in the SpaceX IPO is expected to be high, which could fuel outsize volatility. The company and Wall Street pros warn retail participation and hype could fuel volatility. The historic IPO's scale and index opportunities could amplify retail investor SPCX exposure. SpaceX's highly anticipated IPO is likely to be a huge event for retail traders , but that means investors should expect more volatility than usual for a trading debut. The company is expected to allocate an atypically large amount of stock for retail investors at the IPO price, up to 30% of the shares sold, compared to 5% to 10% for other offerings. Truist, JPMorgan, and SpaceX itself have signaled the stock's retail exposure is a reason to expect heightened volatility when trading begins. "Retail involvement and index inclusion: these will be key factors in the stock's early trading," Truist analysts said. It comes as no surprise retail i...

Tom Dotan / Newcomer : Founders Fund launches a TV-style game show featuring A-list founders and investors, including Sam Altman and Palmer Luckey, playing a game of Mafia   —  Do people want to watch the likes of Sam Altman, Trae Stephens & Palmer Luckey compete in a party game?  We'll soon find out.  —  ∙ Paid from Techmeme https://ift.tt/0BKfetP

Jennifer Hiller / Wall Street Journal : Arizona Public Service, the state's largest utility, proposes a 45% electricity-rate increase for data centers to ensure “that they are paying their fair share”   —  State's largest utility is proposing a 45% electricity-rate increase for data centers and a 14.5% hike for households. from Techmeme https://ift.tt/E4fJhQ9