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AI & Enterprise

Amazon first discloses data centre water use at 9.4 billion litres a year

Amazon for the first time disclosed the amount of water it used to run data centres worldwide, saying it consumed about 2.5 billion gallons, or roughly 9.5 billion litres, last year. The company said its data centres used an average of 0.12 litres of water per kilowatt hour of electricity, and that total water use fell 2 percent from a year earlier. Critics note the figure excludes indirect water use at power plants and during construction.

Crypto

Economist Henrik Zeberg says Michael Saylor will eventually collapse, raising questions over Strategy

Economist Henrik Zeberg criticised Strategy Chairman Michael Saylor\'s approach of accumulating bitcoin using borrowed money, saying it would end in disaster. The warning comes as bitcoin fell from about $82,000 in early June to $62,000 to $63,000 in about two weeks, and Strategy reported an operating loss of $14 billion in the first quarter of 2026 tied to unrealised losses. Debate is shifting to the sustainability of leveraged bitcoin treasury strategies.

Finance

Hana Bank to support management solutions for 1,300 small businesses

Hana Bank will run a support programme aimed at easing management burdens and strengthening sales competitiveness for small businesses. The bank will recruit applicants for three weeks from June 11 and select 1,300 business sites. It will support purchases of energy-efficient equipment for 1,000 sites, offering up to 2 million won per site, and provide solutions to help 300 sites expand online sales channels, including platform entry, live commerce and crowdfunding support.