Palantir Technologies, a data analytics and artificial intelligence company, saw its stock surge by 50% since the presidential election. However, this recent rally may not be sustainable due to its high valuation. The company’s revenue grew 44% year-over-year in the third quarter, with commercial business growing 54%. Despite its strong growth rate, Palantir’s forward price-to-earnings … Read more
A sophisticated hacking operation known as ‘SilkSpecter’ is using a ring of nearly 4,700 spoofed storefronts to dupe shoppers looking for Black Friday deals. The fake online stores impersonate well-known brands such as Makita, Ikea, and the North Face. To avoid getting scammed, experts advise double-checking the address bar for unusual top-level domains or typos. … Read more
Google has announced the rollout of support for the Nest Cam IQ Indoor and Outdoor (2017) and the Nest Hub Max (2019) in its public preview program. This means that users can now transfer all their Nest Cams, including those launched as early as 2015, into a single app. The new Google Home app offers … Read more
Cybersecurity experts have issued a warning to web users ahead of the holiday season, alerting them to the surge in online shopping threats on Black Friday and Cyber Monday. A new campaign by SilkSpecter has emerged, using legitimate payment processing providers to steal sensitive information from unsuspecting shoppers. The threat actors are using various tactics … Read more
Valve Software recently celebrated the 20th anniversary of Half-Life 2 with a two-hour documentary about its development. The film also exposed the company’s narrow escape from financial ruin due to a massive lawsuit from Vivendi, a French conglomerate. In 2001, Vivendi acquired Sierra and Valve, and then distributed copies of Counter-Strike in internet cafes, sparking … Read more
US President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy as co-leaders of a new government efficiency commission. The goal is to reduce government spending by cutting agencies, potentially affecting millions of Americans employed by the federal government. The commission aims to eliminate certain agencies, with Vivek Ramaswamy stating that “we expect mass reductions … Read more
Federal authorities raided a Queens hotel owned by Weihong Hu, a significant donor to Mayor Eric Adams, on November 14. The search warrant was executed as part of an investigation led by U.S. Attorney Breon Peace in the Eastern District of New York. Hu’s company, Mayflower Wyndham Garden Hotel, received city funding for rooms used … Read more
A luxury new build in Henderson, Nevada, is up for sale with a price tag of $9.6 million. The 6,345-square-foot home features panoramic views over the Strip and Red Rock Mountains from its large windows and glass walls. Located in the SkyVu neighborhood within the guard-gated MacDonald Highlands community, this custom home is one of … Read more
This holiday season, scammers are on the prowl, targeting consumers with fake websites and scams. According to experts, Americans will spend up to $989 billion online, making it a prime target for scammers. To spot a fake website, look out for misspelled URLs, such as “www.amaz0n.com” instead of amazon.com. Scammers may also create sites that … Read more
Brazilian soccer star Neymar has acquired a luxurious penthouse in Dubai’s Bugatti Residences for $200 million. The unit, valued at $54.45 million, comes with a private car elevator and panoramic views of Downtown Dubai. The purchase marks the latest in Neymar’s high-profile real estate investments, following his recent $26 million waterfront land buy in Miami. … Read more