TNB Tech Minute: SpaceX IPO Draws $5 Billion Order From BlackRock
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 11 June 2026
⏱️ 4 minutes
🧾️ Download transcript
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| 0:00.0 | Access to affordable credit helps me pay my employees, but I don't really need it. |
| 0:05.0 | Infliction is killing me! |
| 0:08.0 | But who cares? Big retailers are making record profits! |
| 0:12.0 | That's why we support the Durban Marshall Credit Card Bill! |
| 0:15.0 | See? Banks and credit unions help small businesses make payroll. |
| 0:18.0 | This bill would cut the vital resources they need. |
| 0:25.1 | While increasing megastore profits, they deserve it. Don't they? |
| 0:29.1 | Tell Congress, stop the Durban Marshall money grab for corporate megastores. |
| 0:31.2 | Paid for it by the Electronic Payments Coalition. |
| 0:38.9 | Here's your afternoon, TNB Tech Minute, for Thursday, June 11th. I'm Julie Chang for the Wall Street Journal. |
| 0:46.8 | Amazon said its global data centers used approximately 2.5 billion gallons of water last year. |
| 0:51.5 | That's according to a blog post published today that outlined the tech giant's water efficiency efforts. Amazon said despite expanding its data center footprint, |
| 0:55.7 | water usage at company-operated sites decreased by 2% from 2024. Data center companies have been |
| 1:02.5 | facing growing scrutiny over the environmental impact of AI. Amazon said its data center's |
| 1:07.9 | usage of water per kilowatt hour of electricity was more efficient than the |
| 1:12.2 | industry average in 2025, and that some of its data centers used treated wastewater rather than drinking |
| 1:18.3 | water. The company said by the end of this decade, it will return more water to communities |
| 1:23.7 | than its direct operations consume. Meanwhile, Amazon's billionaire founder, Jeff Bezos, said he expects AI to create a labor |
| 1:33.4 | shortage, rejecting fears that the tech will put humans out of work. |
| 1:38.0 | The remarks come as Bezos launches a new AI business called Prometheus. |
| 1:43.0 | Prometheus plans to build an artificial general engineer |
| 1:46.2 | that can design and manufacture complex physical products such as jet engines. Bezos will co-lead |
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