404 Media

404 Media is an independent media company founded by technology journalists Jason Koebler, Emanuel Maiberg, Samantha Cole, and Joseph Cox.

Tech Companies to Discuss Iran's Future During 'Private Conference' at Uber HQ

Tech Companies to Discuss Iran's Future During 'Private Conference' at Uber HQ

A who’s who of the Iranian diaspora will meet at Uber HQ on Saturday to discuss tech and the future of Iran, according to an email about the event viewed by 404 Media. The guest list includes venture capitalists, angel investors, tech CEOs, and the son of Iran’s former leader who was deposed almost 50 years ago.

On Friday afternoon, people representing the group of Iranian business leaders cold-emailed invitations for the event to journalists. “This Saturday, a private conference on the future of Iran will take place at Uber Headquarters in San Francisco, bringing together leaders in technology, finance, and geopolitics for an off-the-record discussion on Iran’s future and regional developments,” the email said. “Featured speakers include Reza Pahlavi, Dara Khosrowshahni, Shervin Pishevar, and Hamid Moghadam. The event waitlist has already surpassed 2,000 applicants.”

Khosrowshahi is the CEO of Uber; Moghadam is the CEO of San Francisco based investment trust Prologis; Pishevar is the former CEO of HyperLoop and an angel investor who put money into Uber, Airbnb, Slack, and Robinhood; and Pahlvani is the former Crown Prince of Iran, the son of the Shah deposed during Islamic Revolution in 1979. Also in attendance will be a SpaceX engineer, a Tesla engineer, and the senior global commodity manager at Nvidia, according to the invite.

It’s unclear what, exactly, these elite members of the Iranian diaspora will discuss on Saturday morning. The schedule calls for a 9:30 reception followed by 30 minutes for “strategic rebuild,” 30 minutes for “future tech,” and 30 minutes for “internet” followed by “open dialogue.”

Tech Companies to Discuss Iran's Future During 'Private Conference' at Uber HQ

The meeting is called the “Tech X Future of Iran” and the flyer with the guests and schedule included a pre-Islamic Republic version of the Iranian flag. Pahlavi is a complicated and controversial figure who has lived most of his life outside of Iran. He has said, repeatedly, that if he returned to lead he would only do so as a bridge to democratic rule. 

“Millions of Iranians inside Iran and outside of Iran are calling my name,” he told 60 Minutes earlier this year. “They recognize in me the person uniquely placed to play a role of transitional leadership. Not running for office, because that's not what I'm doing, but to be a bridge to that destiny.”

But for Pahlavi to enter Iran or any of these tech moguls to see their ambitions fulfilled, a lot has to happen. Iran would have to lose the war and the Islamic Republic and its military would need to fall. Neither seem like a possibility at the moment.

The war isn’t over and it’s unclear when it will be. Iran is in control of the Strait of Hormuz and has been hitting US allies and military bases in the region. Reports from U.S. intelligence agencies indicate that Tehran still has 70 percent of its missile launchers and pre-war missile inventory meaning it can fight the US for months. It also still has all its nuclear material and recovering it without a peace deal would be a deadly and costly operation.

A representative for “Tech X Future of Iran” did not return 404 Media’s request for comment.


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Grieving and Remembering Juniper Blessing

Juniper Blessing (she/they) was a 19-year-old trans woman studying Atmospheric and Climate Science at the University of Washington who loved meterology, Pokémon, video games like Hollow Knight, and "singing with a beautiful voice that can be heard in videos like this one of her belting "Wildflowers" by Tom Petty at her New Mexico high school." Her friends and community knew her as someone who was warm, caring, kind, and dedicated, and who "only wished the best for everyone in her life." She was murdered Sunday May 10th in the laundry room of her apartment building.

Her family writes: "Our family has been shattered by the loss of our child, Juniper Blessing, to an act of unspeakable violence near the University of Washington campus in Seattle. Juniper was simply the most amazing human being we have ever known — highly intelligent, extremely talented, and deeply sensitive to the needs of others. Juniper's loss not only devastates us but diminishes the world. "Juniper was courageously living their life as who they were until it was cut tragically short. Blessed with many loving friends, family members, and mentors, Juniper will be deeply missed." UW students have made a memorial in Red Square, leaving flowers, notes, and messages of support for Juniper and the trans community.

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Aston Villa back in Champions League as Ollie Watkins double sinks Liverpool

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On a sun-kissed evening at Villa Park, until Rogers’ beautiful strike approaching the interval it was impossible not to detect the end-of-season feel flowing through the veins of these sides during a flat and uninspiring first half. Unai Emery presumably expected more given he named a full-strength XI despite the prospect of Villa winning their first major European final in 44 years just a matter of days away. Liverpool welcomed Mohamed Salah and Florian Wirtz back to their squad but Alexander Isak, the former only capable of playing “only a few minutes”, and Jeremie Frimpong dropped out with minor issues, meaning Slot was without nine first-team players, a quartet of youngsters named on the bench.

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Colorado governor commutes sentence of election denier Tina Peters

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The Register

Biting the hand that feeds IT — Enterprise Technology News and Analysis

Datacenters slurping up so much juice they boosted prices 75% in largest US energy market

Prices in the United States' largest wholesale power market have nearly doubled in the past year thanks to demand from datacenters. And an independent watchdog predicts things will only get worse without some serious changes. The PJM Interconnection serves all or parts of 13 states and the District of Columbia in the eastern US, including Northern Virginia, that’s got the densest cluster of datacenters in the world. The surge in wholesale power costs across PJM was outlined on Thursday by Monitoring Analytics, a firm that serves as the official market monitor for the Interconnection, in its Q1 2026 state of the market report. According to the report, the total cost per megawatt-hour (MWh) of wholesale power rose from $77.78 in the first three months of 2025 to $136.53 in the same period this year, an increase of 75.5 percent year over year. Monitoring Analytics didn’t mince words in its report, identifying datacenter load growth as the main driver of recent capacity market conditions and rising prices in PJM. “Data center load growth is the primary reason for recent and expected capacity market conditions, including total forecast load growth, the tight supply and demand balance, and high prices,” the report reads. “But for data center growth, both actual and forecast, the capacity market would not have seen the same tight supply demand conditions.” As for what might come next, the report doesn’t ignore the likely outcome of the current situation, either. “The price impacts on customers have been very large and are not reversible,” the report states, but the bad news doesn’t stop there. “The price impacts will be even larger in the near term unless the issues associated with data center load are addressed in a timely manner.” Based on the rest of the report, a timely resolution to the datacenter load issue shouldn’t be expected, at least not in a way that’ll benefit locals. For starters, Monitoring Analytics found that - like pretty much everywhere right now - power grids aren’t ready for the datacenter boom. PJM has taken steps to upgrade its power commitment and dispatch software to better operate its grid, but planned upgrades have been delayed multiple times with no planned implementation date on the calendar, per the report. “The current supply of capacity in PJM is not adequate to meet the demand from large data center loads and will not be adequate in the foreseeable future,” Monitoring Analytics asserted. Current plan: Shift the risk to everyone else PJM has been planning a one-time backstop auction to procure new power generation for datacenter projects in the region at the request of the Trump administration and the governors of the states it serves, but Monitoring Analytics isn’t convinced the Interconnection is going about the process in the right way. The currently proposed auction structure, says the watchdog, would “generally shift significant risk to other PJM customers,” which is a temptation the group says “should be resisted.” “Other PJM customers, whether residential, commercial or industrial, should not be treated as a free source of insurance, or collateral, or financing for data centers,” the report continued. “Yet that is what most of the proposals related to a backstop auction actually do.” As for what PJM ought to be doing, you probably won’t need to rack your brain to figure that out: Monitoring Analytics says datacenters ought to be required to bring their own power. Such a rule, says the group, should include fast-track options for interconnection for BYOP datacenters, and otherwise a queue that would only connect datacenters when there is adequate capacity to serve them. “This broad bring-your-own new generation solution to the issues created by the addition of unprecedented amounts of large data center load does not require a continued massive wealth transfer through ongoing shortage pricing,” the analysts argue. When asked for its response to the problems raised by the Monitoring Analytics report, PJM told us that it was fully aware of the impact of electricity cost increases on its customers. “PJM is working with states and member companies to address these consumer impacts on multiple fronts, including extending market caps put in place since the 2025/2026 auction, authorizing multiple transmission expansion projects that are now in development, and reforming wholesale electricity market rules,” the Interconnection told us. Monitoring Analytics didn’t respond to questions. Americans have become increasingly hostile to new datacenter projects driven by the AI boom, with 71 percent of respondents to a Gallup survey saying they opposed DC projects in their neighborhoods. Projects in multiple states have been abandoned recently due to pushback from locals, many of whom are concerned not only with electrical price increases, noise, and eyesores, but environmental harm as well. ®

kottke.org

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Physicist Chanda Prescod-Weinstein on who should read...

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OpenAI Now Wants ChatGPT To Access Your Bank Accounts

OpenAI is previewing a feature that lets ChatGPT Pro users connect bank and investment accounts through Plaid, allowing the chatbot to analyze spending, subscriptions, balances, portfolios, debt, and major financial decisions. "More than 200 million people are already going to ChatGPT every month with finance questions -- from budgeting to tips on how to cut back on spending," OpenAI said in its announcement. "Now, users can securely connect their financial accounts with Plaid to get the full view of their financial picture in the context of their personal goals, lifestyle, and priorities that they've shared with ChatGPT, powered by OpenAI's advanced reasoning capabilities." The Verge reports: When financial accounts are connected, OpenAI says that ChatGPT users can view a dashboard that details their spending history, including any active subscriptions. Users can also ask it to help with financial decisions like buying a house or signing up for credit cards and flag any changes in spending habits. This financial feature will be initially available to users in the US who subscribe to ChatGPT's $200-per-month Pro tier. "We'll learn and improve from early use before rolling it out to Plus, with the goal of making it available to everyone," says OpenAI.

To assuage concerns, OpenAI promises users "control over their data," including the ability to disconnect their bank accounts from ChatGPT at any time, though the company has up to 30 days to delete your data from its systems. You can also view and delete "financial memories" like goals or financial obligations saved by the chatbot. User control extends to whether your data is fed back into AI models -- users can enable the option to "Improve the model for everyone" to allow financial data in their ChatGPT conversations to be used for training AI, for example. OpenAI also says ChatGPT can't make any changes to your bank accounts or see "full account numbers."

Read more of this story at Slashdot.

Aangifte van verkrachting tegen Franse zanger en acteur Patrick Bruel: ‘Een man die mijn jeugd heeft verwoest’

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OzGFK has added a photo to the pool:

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