⚽ A FIFA flop?
AI Summary
The Hustle covers a range of business and tech stories including concerns about the FIFA World Cup's economic impact on host cities, Enaxiom's water-recycling cooling system for AI data centers, and the nonalcoholic beer trend among celebrity founders. Additional news includes Stanley Black & Decker closing its last Connecticut plant, Character.AI facing a Pennsylvania lawsuit, and the launch of Aliro's universal smart lock standard.
Key Facts
Author Takes
FIFA World Cup economic impact
Economic projections for World Cup host cities are described as 'as rosy as they are dubious,' implying the event may be an economic bust.
Stanley Black & Decker plant closure
The claim that single-sided tape measures have 'fallen out of favor' is contradicted by contractors, and the real motive appears to be offshoring manufacturing to cut costs.
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