Month: February 2025

The Federal Reserve has cleared up confusion after Bloomberg retracted an earlier story claiming the central bank’s climate change initiative had been terminated. The misleading report had sparked concerns among investors and environmental groups, but a subsequent statement from the Fed confirmed that the program remains active. Source: https://www.bloomberg.com/news/articles/2025-02-06/bloomberg-retracts-incorrect-story-on-fed-s-climate-program

Nintendo has made four patents public, offering a glimpse into the design and technology behind the upcoming Nintendo Switch 2 console. The most intriguing patent seems to confirm the long-rumored magnetic Joy-Con design, allowing players to use their controllers like computer mice. The original Switch used a rail system for its Joy-Con controllers, but when … Read more

A near-Earth asteroid called Bennu is predicted to collide with Earth in September 2182, posing a significant threat to the planet. According to computer simulations, the impact would cause a global “impact winter” scenario, characterized by reduced sunlight, cold temperatures, and decreased precipitation. The asteroid’s diameter is approximately 500 meters, and its impact would inject … Read more

Kirkland & Ellis and Latham & Watkins are advising buyout firm TPG on its acquisition of Altus Power for approximately $2.2 billion. The deal, set to be completed through an all-cash transaction, will make Altus Power a private company. Altus Power, a solar power provider based in Stamford, Connecticut, has guided by Latham’s corporate team … Read more

NASA’s James Webb Space Telescope has made a groundbreaking discovery, revealing a new galaxy class that could indicate the presence of early black holes. The telescope detected the galaxies in December 2022, just five months after its science operations began. The newly identified galaxies contain numerous small red objects, which are distinct from typical galaxies … Read more

Biological Dynamics (BD), a leading medtech company, is streamlining its operations by separating its diagnostic and biosciences businesses from the rest of the company. The move aims to position BD as a pure-play medtech leader, focusing on medical essentials, interventional devices, and pharmaceutical systems. The new “New BD” will retain its hardware for collecting blood … Read more

Researchers from Johns Hopkins University studied bonobos and discovered a common talent with humans – sensing when a friend needs guidance. The apes were shown treats hidden under cups, sometimes while the researcher was watching, and sometimes not. When the treat was found, the ape would point to its location. The results showed that the … Read more

Ukraine has received a batch of fighter jets from France and the Netherlands, President Volodymyr Zelenskyy announced on Thursday. The French Mirage 2000-5 and F-16 multi-role fighter planes were handed over to the Ukrainian Air Force, enhancing its air defense capabilities. Zelenskyy thanked French President Emmanuel Macron for his support, saying it was a significant … Read more

Football Manager 25 has been cancelled by Sega and Sports Interactive due to repeated delays. The team will now focus on preparing for the next release, FM26. In a statement, Sports Interactive apologized for disappointing fans who had pre-ordered the game twice, offering automatic refunds to those affected. The cancellation follows two major delays for … Read more

US Treasury Secretary Scott Bessent has clarified that the Trump administration’s focus is on lowering 10-year Treasury yields, rather than cutting short-term interest rates set by the Federal Reserve. In an interview with Fox Business, Bessent stated that President Donald Trump aims to reduce borrowing costs through long-term yield adjustments, not the Fed’s benchmark rate … Read more