MicroStrategy, a company that develops Bitcoin technology, has seen its stock price plummet by almost 40% from its all-time high of $540 per share. Despite this decline, the company is still up 416% year-to-date, driven by strong demand for its shares among retail investors. On November 20, retail investors bought an unprecedented amount of MicroStrategy … Read more
Sean “Diddy” Combs was denied bail by US District Judge Arun Subramanian on Wednesday, awaiting a May sex trafficking trial. The judge cited evidence showing Combs to be a “serious risk” of witness tampering and prohibited communications with third parties while incarcerated. Combs, 55, faces charges that he coerced and abused women for years, aided … Read more
The Biden administration is considering new restrictions on semiconductor equipment and AI memory chips sold to China, escalating its crackdown on Beijing’s tech ambitions. The proposed rules, expected to be announced soon, would target fewer Huawei suppliers than initially planned. Companies like Micron, Samsung, and SK Hynix could feel the impact on their sales in … Read more
Apple has confirmed that it will roll out its long-awaited Apple Intelligence feature in phases, with the first phase set to drop about a month after the release of the iPhone 16. The delayed AI features were initially expected to launch with iOS 18 but are now unlikely to be included. Instead, Apple has announced … Read more
GSC Game World has released its first major patch for the recently launched Stalker 2, aiming to address main quest blockers and crashes that have plagued the game since its release five days ago. The developer acknowledges the mixed reviews and bugs, but assures fans that it will “make every effort to constantly improve” the … Read more
Researchers from ESET have discovered the first ever UEFI bootkit malware specifically targeting Linux systems. The malware, named “Bootkitty,” is a proof-of-concept designed to bypass kernel signature verification and preload malicious components during the system boot process. Unlike traditional Windows-based bootkits, Bootkitty relies on a self-signed certificate and only targets specific Ubuntu distributions, making it … Read more
The US economy showed signs of resilience in early Q4, with consumer spending increasing 0.4% in October and inflation staying above the Federal Reserve’s 2% target. Despite this, progress on lowering inflation appears to have stalled. Consumer spending accounts for over two-thirds of US economic activity and rose more than expected last month. Adjusted for … Read more
New York City is planning to transfer control of all migrant shelter operations to the Department of Homeless Services (DHS) by June 2026, according to an administration figure familiar with the move. The plan comes after two years of operating a “shadow system” of separate shelters for migrants. The decision was announced at a National … Read more
Microsoft 365 customers worldwide reported issues with services like Outlook and Teams on Monday, citing problems with viewing emails, loading calendars, or accessing applications such as PowerPoint. The company acknowledged an issue affecting users attempting to access Exchange Online or functionality within Microsoft Teams calendar. Microsoft stated that a “recent change” was behind the problem … Read more
US stocks rallied on Monday, with major indexes hitting record highs, while Asia-Pacific markets fell. President-elect Donald Trump’s pick for US Treasury secretary, Scott Bessent, has received praise from Wall Street and global analysts alike. Bessent, founder of hedge fund Key Square Group, is seen as a Wall Street-friendly candidate who prioritizes controlling inflation. His … Read more