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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

Connecticut Ruling Threatens Con Edison-Northeast Merger

LCG, Oct. 24, 2000--Consolidated Edison Inc. said yesterday that failure by Connecticut regulators to ease restrictions upon which approval of the company's merger with Northeast Utilities is conditional could torpedo the deal.

Con Edison agreed last year to acquire Northeast, New England's larges electric utility, for $3.29 billion in cash and stock. The deal would create a utility holding company serving around 6 million customers, larger than Exelon Corp. which was formed by the merger of Peco Energy Co. and Unicom Corp.

In a decision released last week, the Connecticut Department of Public Utility Control made some minor changes from a draft decision objected to earlier by the two utilities, but failed to make it any more palatable, Con Edison said in a statement.

In its statement, Con Edison said without elaboration "Unless this order is substantially modified, it so significantly changes the economic effects and risks of the merger that it calls into serious question whether the transaction will be completed."

Among things in the draft decision the utilities objected to was a requirement that merger-related savings be passed on in large part to customers and a restriction on how much profit from the new holding company's Connecticut operations could be paid to the parent company. In addition, the regulators had asked for a 3 percent rate cut in Connecticut.

Con Edison, in its statement, said the companies "will reserve final judgment until we are able toassess the full effect of the final regulatory actions."

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