Marcin Frąckiewicz

Marcin Frąckiewicz is the CEO of TS2 Space and a longtime technology entrepreneur focused on telecommunications, satellite communications and digital innovation. A graduate of the Warsaw School of Economics (SGH), he writes about space technology, artificial intelligence and publicly traded technology companies. His analysis covers major market trends, emerging technologies and the businesses shaping the future of the global economy.

Oracle joins White House power pledge for AI data centers as Oracle earnings near
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Oracle joins White House power pledge for AI data centers as Oracle earnings near

Oracle joined heavyweights Alphabet’s Google, Microsoft, and Amazon at the White House on Wednesday, all signing on to a pledge they’re calling the “Ratepayer Protection Pledge.” The aim: prevent new data centers from driving up electricity costs for residential and small business customers. Under the agreement, the companies commit to adding or procuring extra power for their sites and footing the bill for necessary grid upgrades, as lawmakers and communities ramp up pressure on tech expansion leading up to November’s midterm elections. Even so, Jon Gordon, director at Advanced Energy United, flagged a bigger snag: “The real problem is the inability to get generation online fast enough.” Oracle’s announcement comes as the company ramps up spending on cloud infrastructure to
March 5, 2026
Western Digital says AI video boom could lift hard-drive pricing into 2026
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Western Digital says AI video boom could lift hard-drive pricing into 2026

SAN JOSE, Calif., March 4, 2026, 15:35 PST Western Digital has already locked in firm purchase orders from its biggest cloud clients for all of calendar 2026—and some of those deals actually extend out to 2027 and even 2028, according to the company’s chief executive, who cited demand driven by artificial intelligence workloads during an investor update this week. Looking ahead to 2026, finance chief projections call for average selling price per terabyte to rise by a mid- to high-single-digit percentage year over year.
March 5, 2026
Fortnite’s back: Alphabet’s Google loosens Play Store billing and cuts Android fees
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Fortnite’s back: Alphabet’s Google loosens Play Store billing and cuts Android fees

Alphabet’s Google on Wednesday announced it will allow Android app developers to offer their own billing options next to Google Play, trimming developer fees as well. The move paves the way for Epic Games’ Fortnite to make a global comeback on the Play Store after five years of dispute. Alphabet Class C shares edged down 0.1% in late trading, closing at $303.45. This shift cuts right to the heart of the app-store fight: control over payments and distribution on mobile devices, and the gatekeeper’s cut. Google said in a U.S. policy update that it’s now reached a fresh settlement with Epic, asking a federal judge to swap in what it called a “Modified Injunction” to replace the current court order
March 5, 2026
Morgan Stanley layoffs: Wall Street bank cuts 2,500 jobs across all divisions
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Morgan Stanley layoffs: Wall Street bank cuts 2,500 jobs across all divisions

Morgan Stanley has cut 2,500 jobs throughout its divisions, according to the Wall Street Journal, which cited sources with knowledge of the situation. The bank hasn’t responded to a Reuters request for comment, and Reuters said it was unable to confirm the Journal’s report. The Journal reports Morgan Stanley has cut around 3% of its 83,000 employees, most of those layoffs hitting on Wednesday after starting last week. The staff reductions target private bankers, back-office support, and certain mortgage roles in wealth management. According to the article, shifting business needs, changing locations, and employee performance all played a part.
March 5, 2026
Strategy Inc surges with bitcoin above $72,000 as latest filing details fresh buys
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Strategy Inc surges with bitcoin above $72,000 as latest filing details fresh buys

Strategy Inc shares jumped roughly 10% Wednesday, riding a wave of gains as bitcoin broke past $72,000 and sent a group of crypto-linked stocks higher. This matters: Strategy, chaired by veteran bitcoin bull Michael Saylor, has effectively turned itself into an equity-market stand-in for bitcoin. Years of funneling both cash and fresh capital into crypto have led it here.
March 5, 2026
Meta signs White House power pledge as AI data centers put U.S. electricity bills in focus
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Meta signs White House power pledge as AI data centers put U.S. electricity bills in focus

Meta Platforms joined Amazon, Google, Microsoft, OpenAI, Oracle and xAI on Wednesday in signing the White House’s Ratepayer Protection Pledge, agreeing to shoulder the additional power and grid costs linked to their data centers—those sprawling server hubs. The White House says the initiative is designed to prevent those costs from showing up on regular consumers’ electricity bills. The Trump administration is deploying the pledge just before the November midterms, pitching it as a way to address voter unease about rising utility costs linked to the boom in AI data centers. According to one administration official, the industry still needs to win over “the hearts and minds of Americans,” especially after multiple projects stalled or were scrapped in various states due
March 4, 2026
Gold price today rebounds above $5,100 as Iran war keeps safe-haven demand alive
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Gold price today rebounds above $5,100 as Iran war keeps safe-haven demand alive

Gold prices jumped Wednesday, lifted by heightened tension in the Middle East and a pause in the dollar’s climb. Spot gold gained 0.7%, reaching $5,120.71 an ounce as of 1831 GMT. U.S. gold futures for April edged up 0.2% to settle at $5,134.70. Silver rose 1.3% to $83.07, while both platinum and palladium moved higher as well. “The dollar has seen a pullback, which is providing some support,” noted Peter Grant, vice president and senior metals strategist at Zaner Metals. Traders stayed on edge, despite the brief rebound. Gold had spiked in late January, hitting a record $5,594.82, but sharp swings since then have left the market wary, Robert Gottlieb, previously head of precious metals at Koch Supply and Trading,
March 4, 2026
Wall Street snaps back: Nasdaq leads as Iran diplomacy talk cools oil fears
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Wall Street snaps back: Nasdaq leads as Iran diplomacy talk cools oil fears

Stocks bounced back Wednesday, lifted after Iran indicated it might be open to talks and the White House detailed measures to cushion the oil market—relieving inflation worries that rattled investors just a day before. The Nasdaq Composite jumped 1.29%, with the S&P 500 up 0.78% and the Dow gaining 0.49%, preliminary figures show. “That combination is giving the market some optimism,” said Jim Awad of Clearstead Advisors. Still, Richard Bernstein at Richard Bernstein Advisors noted a protracted conflict “could mean more volatility.” https://www.reuters.com/business/wall-street-futures-slip-middle-east-conflict-oil-driven-inflation-concerns-2026-03-04/ The rebound is significant as investors weigh whether war-fueled energy price swings could keep the Federal Reserve in a restrictive stance longer than expected, even while some economic indicators soften. Bond traders have delayed their bets on
March 4, 2026
SoFi Technologies’ Mastercard stablecoin deal puts SoFiUSD settlement in focus as CEO buys $1 million of SOFI stock
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SoFi Technologies’ Mastercard stablecoin deal puts SoFiUSD settlement in focus as CEO buys $1 million of SOFI stock

SoFi Technologies, Inc. on Tuesday announced a broader partnership with Mastercard, allowing its U.S. dollar-linked stablecoin, SoFiUSD, to settle payments across Mastercard’s worldwide network. The company added that its bank arm plans to use SoFiUSD to settle both credit and debit card transactions that run on Mastercard rails. Timing is crucial here: settlement—the actual shifting of funds between banks after a card gets swiped—often drags on and racks up costs, more so with cross-border transactions. Enter stablecoins, those crypto tokens pegged to the U.S. dollar, which are touted for enabling money transfers 24/7, sidestepping the usual bank cutoff windows.
March 4, 2026
Battalion Oil Corporation taps new investor for $15 million at $5.50 as BATL stock swings
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Battalion Oil Corporation taps new investor for $15 million at $5.50 as BATL stock swings

Battalion Oil Corporation announced Tuesday it’s set to bring in roughly $15 million through a private placement with a new institutional investor, offering common stock and/or prefunded warrants at $5.50 a share. The buyer remains undisclosed. On Wednesday afternoon, shares had fallen about 33% to $18.58, with trading ranging from $12.95 up to $26.08. Battalion anticipates netting roughly $14.1 million from the deal after accounting for fees, with plans to funnel the money into working capital and general corporate needs. Roth Capital Partners is handling the placement as the sole agent. Closing is targeted for March 4, pending typical closing conditions.
March 4, 2026
WBD stock slips as Fitch downgrade clouds Paramount’s $31 buyout — what to watch next
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WBD stock slips as Fitch downgrade clouds Paramount’s $31 buyout — what to watch next

New York, March 4, 2026, 14:43 EST — Regular session Shares of Warner Bros. Discovery edged down 0.6% to $28.02 as of 2:43 p.m. EST on Wednesday, trailing by roughly $3 the $31 per share cash offer both companies are aiming for with a third-quarter close. Investors took note after Fitch Ratings cut Paramount Skydance’s credit rating to junk and flagged the buyer for a possible further downgrade—underscoring how financing concerns remain part of the takeover’s equation.
March 4, 2026
Hilton takes over ex-Palazzo Versace on Australia’s Gold Coast — LXR brand lands in 2027
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Hilton takes over ex-Palazzo Versace on Australia’s Gold Coast — LXR brand lands in 2027

Hilton Worldwide Holdings has signed on to manage the former Palazzo Versace hotel on Australia’s Gold Coast, with plans to rebrand it under the LXR Hotels & Resorts banner. The target: a 2027 reopening. Renovations and expansion are slated to kick off in the coming months. The property is expected to remain open for business during the revamp. https://www.couriermail.com.au/news/queensland/hilton-takes-over-former-palazzo-versace-for-multimilliondollar-gold-coast-revamp/news-story/f34d1d528e225217ce1cadaf7028ddae Hilton secures a fresh entry into Australia’s luxury tier, a space where global hotel chains are chasing wealthier tourists and lucrative events traffic. Under the management agreement, Hilton takes charge of daily operations, while asset ownership remains with the original proprietor, collecting fees for its role.
March 4, 2026
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