With CD rates continuing to decline, now’s the time to act if you want to secure a high annual percentage yield (APY). As of January 15, 2025, top CDs offer up to 4.65% APY, more than twice the national average for some terms. Rates have been falling since the Federal Reserve cut interest rates at … Read more
Blue Origin, founded by Jeff Bezos, has entered the history books as the first company to successfully reach orbit on their first launch with a new orbital-class rocket in the commercial spaceflight era. The New Glenn rocket, which stood tall like a 32-story building, roared to life at 2:03 a.m. EST and lifted off the … Read more
Quantum computing stocks surged on Wednesday after Microsoft announced a plan to help businesses prepare for the advent of the quantum computing era. The company’s president and chief operating officer, Mitra Azizirad, wrote that “we are at the advent of the reliable quantum computing era” and expects quantum computers to solve meaningful problems and capture … Read more
An independent developer, Sebastian Vogelsang, is building a photo-sharing app called Flashes for Bluesky, an open-source social network with over 27.5 million users. The new app leverages the same technology that powers Bluesky and its other apps, including the AT Protocol. This move aims to cater to growing demand for alternatives to Big Tech’s social … Read more
Bill Gates has long expressed regret over Microsoft’s failure to enter the smartphone market in a timely manner. However, according to Rich Miner, co-founder of Android, this was not a mistake intended by Google or its founders. Instead, their intention was to prevent Microsoft from dominating the mobile sector, as they had done with the … Read more
A Philadelphia Eagles fan who made derogatory comments to a female Green Bay Packers fan during Sunday’s playoff game has lost his job at a New Jersey company that specializes in diversity, equity, and inclusion work. The man, whose name was not released by his former employer, BCT Partners, was barred from future events at … Read more
PowerSchool, an edtech giant used by over 50 million students in the US, was hit by a cyberattack in December that compromised customer support portal credentials, allowing hackers to access sensitive student and teacher data. The breach has affected multiple school districts across the country, with some reporting that hackers accessed “all” of their historical … Read more
Nathan Anderson, founder of Hindenburg Research, has announced the closure of his short-selling firm due to the toll it took on his personal life. The decision comes after years of intense work in uncovering accounting issues and mismanagement at various companies. Anderson’s best-known shorts include betting against electric truck maker Nikola and India’s Adani Group, … Read more
Eli Lilly’s revenue for the full year 2024 reached $45 billion, a 32% increase from 2023, but fell short of its October estimate. The company reported weaker-than-expected sales for its GLP-1 diabetes and obesity treatments, Mounjaro and Zepbound. In Q4, Zepbound’s sales came in at $1.9 billion, below analyst expectations, while Mounjaro generated $3.5 billion. … Read more
A French woman was duped out of nearly €800,000 by scammers posing as actor Brad Pitt. The woman, identified only as Anne, was contacted online by someone claiming to be Pitt’s mother and convinced that the actor needed her help paying for medical care. Anne reportedly sent over €10,000 in response to a claim that … Read more