Palantir Technologies Inc. is making its transition to the Nasdaq stock exchange. The company’s decision has sent shockwaves of excitement among investors, who see it as a significant milestone in the software firm’s growth. Earlier this year, Palantir joined the S&P 500 index, where its shares had already been gaining momentum following the announcement in … Read more
US President-elect Donald Trump is considering a potential deal with Iran, following a secret meeting between billionaire Elon Musk and the country’s ambassador to the United Nations. The Iranians described the session as “positive” and “good news”, suggesting that there may be an opportunity for renewed diplomacy. Musk met with Ambassador Amir Saeid Iravani in … Read more
A recent report of AMD Ryzen 7 9800X3D CPUs burning out on MSI MAG X870 motherboards has raised concerns about the quality of the products. Two users, one from Reddit and another from the Quasarrzone forums, have shared photos of their burnt CPUs, suggesting that improper installation was the probable cause. MSI has acknowledged the … Read more
China-based Contemporary Amperex Technology (CATL) founder Robin Zeng has expressed skepticism about Tesla CEO Elon Musk’s reliance on the 4680 cylindrical cell technology, saying it will ultimately fail. During a visit to China in April, Musk had a heated debate with Zeng over battery design, which left Musk visibly unimpressed. Tesla’s tabless 4680 cells, touted … Read more
Bitcoin’s value dropped by 4.1% on November 14 following US inflation data that exceeded market expectations. The decline mirrored the S&P 500 index futures, which fell from 6,023 to 5,980 over four hours. The October US Producer Price Index (PPI) showed a 2.4% annual increase, slightly above consensus. However, this has not altered the outlook … Read more
A brush fire in Upper Manhattan’s Inwood Hill Park was part of a record-breaking two-week period for the FDNY, with nearly 400 fires reported across the city. The department is struggling to keep up with the demand due to staffing shortages and equipment limitations. Firefighters are using drones, specialized units, and drafting water from nearby … Read more
Anthropic CEO Dario Amodei sat down for a five-hour podcast interview with Lex Fridman, where they discussed the future of artificial intelligence. Despite evidence to the contrary, Amodei believes that scaling up models is still a viable path towards more capable AI. Amodei’s approach involves increasing both the amount of compute used to train models … Read more
The Commissioner of the Department of Citywide Administrative Services (DCAS) has come under fire for giving misleading testimony on a lease deal that was suddenly changed from one building to another. The switch, made by DCAS Deputy Commissioner Jesse Hamilton, benefited billionaire and Mayor Eric Adams’ donor Alex Rovt’s building, 14 Wall St. In February, … Read more
Physicists from the University of Geneva and the Paul Sabatier University in France have found a slight deviation from Albert Einstein’s predictions for general relativity, which may indicate that gravity operates differently on a universal scale. The study analyzed data from the Dark Energy Survey, mapping the shape of hundreds of millions of galaxies from … Read more
Federal Reserve Chair Jerome Powell stated that the US economy is performing “remarkably good” and has given central bankers room to lower interest rates at a careful pace. The recent economic performance suggests that there is no need for haste in reducing interest rates, allowing policymakers to make decisions without undue pressure. Source: https://www.bloomberg.com/news/articles/2024-11-14/fed-s-powell-says-no-need-to-hurry-rate-cuts-with-economy-strong