OpenAI has secured a record-breaking $40 billion funding round, valuing the company at $300 billion, led by Japanese conglomerate SoftBank. The massive investment comes as the company is on the verge of releasing new models and hardware, including an upgraded image generator that is drawing millions of users. According to OpenAI’s CEO Sam Altman, the … Read more
A New Mexico judge has ruled that some records related to the death of Oscar-winning actor Gene Hackman will remain private, despite the estate’s efforts to keep them under wraps. The estate had sought to block the release of autopsy reports, toxicology results, and photos of the deceased couple’s bodies, citing concerns over a “media … Read more
A Palestinian director of the Oscar-winning documentary No Other Land has been arrested by the Israeli army after a masked settler attack on his house in Susya, Masafer Yatta. Five Jewish American activists witnessed the attack, which saw around 15 armed settlers surround and pelt Hamdan Ballal with stones near his home. The soldiers then … Read more
Asus has unveiled its next-generation gaming handheld, dubbed the Xbox Series Ally, which is set to take on the popular Steam Deck. The device features an updated design, upgraded storage, and new internals, potentially powered by the AMD Ryzen Z2 chipset. While details are still scarce, the Xbox Series Ally appears to be a Windows … Read more
The Academy of Motion Picture Arts and Sciences has taken a firmer stance condemning an attack on Palestinian filmmaker Hamdan Ballal by Israeli settlers, following a letter signed by top members of the organization. Nearly 900 Academy members have expressed support for Ballal, who was attacked outside his home in the occupied West Bank. The … Read more
A measles outbreak in the US has sparked a surge in parents seeking out vaccinations for their children, as concerns over potential exposure grow. Pediatricians across the country report an increase in calls and consultations about the MMR vaccine, which protects against measles, mumps, and rubella. According to Dr. Shannon Fox-Levine of Broward County, Florida, … Read more
Rocket Companies (RKT) CEO Varun Krishna has made a significant spring acquisition spree, with the company set to acquire mortgage servicer Mr. Cooper (COOP) for $9.4 billion in stock. The deal is expected to generate annual revenue and cost synergies of around $500 million and is seen as accretive to Rocket’s business upon closing later … Read more
A technical issue has resulted in website access being blocked for some users. The problem appears to be related to server errors, which are preventing normal operation of the site. Despite efforts to resolve the matter, the website remains inaccessible to a portion of its intended audience. The cause of the issue is currently under … Read more
In his annual open letter, published on Monday, BlackRock CEO Larry Fink typically discusses private markets, retirement, and expanding access to investing. However, this year’s message has drawn attention for what was left unsaid. The lack of specific mention of certain key topics suggests that Fink may be choosing his words carefully. Source: https://www.barrons.com/articles/blackrock-stock-fink-letter-esg-d6d5d196
Buying a home in the United States is becoming increasingly unaffordable for many Americans. According to Bankrate’s analysis, buyers need an annual household income of at least $116,986 to afford a typical home nationwide, up 50% from early 2020 when $78,236 was needed. The requirement varies by region, with the Northeast and West Coast states … Read more