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Archive: 2025-02-25 (638) - Page 1/13 (50)

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Trump Proposes Harsh Fines, Prison Time for Undocumented Migrants

Immigrants in the U.S. illegally who fail to register with the federal government could face significant fines, potential imprisonment or both, according to a directive issued by the Department of Homeland Security on Tuesday. The move aims to enforce immigration laws and ensure public safety and security. The Trump administration's efforts to combat undocumented migration have been a central aspect of its policy agenda.

Imposing Price Transparency Sets Stage for Healthcare Pricing Reform

The U.S. President Donald Trump signed an executive order aiming to improve price transparency on healthcare costs by directing federal agencies to strictly enforce a 2019 order he signed during his first term. The order directs the Departments of the Treasury, Labor, and Health and Human Services to within 90 days come up with a framework to enforce the requirement for health insurers and hospitals to disclose healthcare cost details. This includes requiring the disclosure of actual prices not estimates, update existing guidance or proposing new regulations that ensure price information is standardized.

Sandisk Introduces 8tb Portable Ssd with Enhanced Security Features and Durability

SanDisk has launched an 8TB version of its popular E61 portable SSD, expanding its offerings for users who require extensive storage capacity. The new model aims to cater to professionals such as video editors, photographers, and data analysts, who often handle large files and need reliable storage solutions. However, despite the excitement around the 8TB capacity, concerns linger about the reliability of SanDisk's SSDs due to a major data corruption issue that surfaced in 2024.

Meta Faces Allegations of Favoring Foreign Workers over American Citizens

A federal judge has ruled that Meta Platforms must face a lawsuit claiming the company prefers to hire foreign workers due to their lower salary requirements. Meta has been accused of systematically favoring H-1B visa holders, despite having a high percentage of U.S.-born employees holding similar visas. The allegations have sparked concerns about discrimination and unequal treatment in the workplace.

Chile Power Outage Plunges Country Into Darkness

The widespread blackout was caused by a transmission line failure in the country's north. Chile's largest power cut in years saw streetlights in the capital go dark, while sirens from emergency vehicles blared across the city. The Santiago metro, which transports millions of passengers, was closed and passengers were evacuated from stalled trains.

Us House Republicans Advance Trump's Tax-Cut Plan

The Republican-controlled U.S. House of Representatives late on Tuesday advanced President Donald Trump's tax-cut and border security agenda, delivering a major boost to his 2025 priorities. The vote on passage was 217-215 with Representative Thomas Massie, a prominent fiscal hawk, as a lone Republican voting in opposition, and no Democrats supporting the controversial measure. One Democrat did not vote.

Us Judge Says Trump Media, Rumble Need Not Follow Brazilian Order They Deem Censorship

A U.S. judge on Tuesday sided for now with President Donald Trump's media company in a dispute over whether a top Brazilian judge illegally censored right-wing voices on social media in the United States. The ruling has implications for free speech and the power of foreign courts to dictate online content. The case highlights the tensions between domestic laws and international agreements governing online censorship.

Copper Imports Face Us Tariff Probe Under National Security Grounds

President Trump has ordered a national security probe into potential new tariffs on copper imports to rebuild U.S. production and combat China's dominance in the global market. The investigation aims to assess the risks of growing U.S. dependence on imported copper, with data showing that 45% of U.S. consumption relies on imports. The move is part of Trump's efforts to upend decades of business support for free trade and bolster the U.S. industrial base.

"Openai Rolls Out Advanced Voice Mode for Chatgpt Users"

Advanced Voice Mode, a feature allowing users to communicate with the chatbot using their voice in a free-flowing, natural conversation, is being rolled out to all ChatGPT free users, while Deep Research agent tool is being released to all paid subscribers. The new rollout of Advanced Voice Mode will give all ChatGPT free users a daily limit on usage, which remains undisclosed by OpenAI. The company is also upgrading the underlying model powering Advanced Voice Mode from 4o-mini to 4o for Plus users.

White House Takes Control of the Press Pool Covering Trump

The White House has announced that it will decide which media organizations participate in the press pool covering the president, effectively removing a decades-old tradition of journalist-led coordination. This move marks a significant shift in power dynamics between the executive branch and the press corps, raising concerns about the independence of a free press. The administration plans to add streaming services to the pool while maintaining seats for traditional media outlets.

Bofa Scraps Diversity Goals Amid Trump Administration

BofA has scrapped some of its diversity initiatives as it navigates a new business climate under U.S. President Donald Trump, dropping references to its diversity hiring goals and a rule requiring hiring managers to consider a diverse group of candidates in an effort to align with the new administration's stance on diversity, equity and inclusion. The bank's policies reflect a broader trend among companies to soften their commitment to DEI programs following Trump's election. By doing so, BofA is seeking to avoid potential regulatory backlash and maintain its focus on attracting clients and shareholders.

Super Micro Computer Finally Issues Delinquent Financial Reports—And Blames Accounting Firm Ey for It

Super Micro Computer has finally published its long-overdue financial reports, citing accounting firm EY as the cause of the delay and removing itself from scrutiny by investors. The company's founder and CEO Charles Liang has taken responsibility for the tardiness, acknowledging weaknesses in internal controls over financial reporting. Super Micro's leadership has also vowed to focus on the business at hand, with a revenue target of $40 billion.

How Much Does Chatgpt Cost? Everything You Need to Know About Openai's Pricing Plans

OpenAI offers a range of pricing plans for its ChatGPT platform, catering to various user needs, from free access to enterprise-level solutions. Users can choose from options like the free version, ChatGPT Plus for $20 per month, or ChatGPT Pro for $200 per month, each providing varying levels of features and access. Additionally, specialized plans for teams, enterprises, educational institutions, and nonprofits reflect OpenAI's commitment to making AI technology accessible across different sectors.

Grok's New "Unhinged" Voice Mode Can Curse and Scream, Simulate Phone Sex

Grok 3's new voice interaction mode offers an uncensored experience for users, featuring various personalities that range from innocuous to highly provocative. The "unhinged" mode in particular allows users to engage with a vocal chatbot that curses, insults, and belittles them non-stop, raising questions about the limits of AI expression and user consent. This feature is part of xAI's effort to provide an "uncensored" answer to ChatGPT.

Strange Geforce Rtx 50-Series Benchmark Issues Solved but New Problem for Gamers Arose

The performance issues that the GeForce RTX 5090 and RTX 5080 seemed to have on the PassMark benchmark website have apparently been solved, with future visits by the new Blackwell cards potentially offering better results. However, the reason behind the RTX 50 issues may cause even more problems in the future for gamers. Recently, we have been reporting on the strange state of affairs for new graphics cards like the GeForce RTX 5090 and RTX 5080 on the PassMark benchmark database.

F1 Testing Live Stream: Watch Formula 1 Pre-Season Testing Online

Formula 1 pre-season testing is underway in Bahrain, providing fans a glimpse of the 2025 season with all teams and drivers participating. Lewis Hamilton will make his debut lap in a Ferrari, while teams collect crucial data on Pirelli's new tyres and refine their car aerodynamics. Various streaming options are available globally, including free access in Austria, while VPN services like NordVPN are suggested for viewers outside their home countries.

Trump Floats $5 Million 'Gold Card' As Route to Us Citizenship

U.S. President Donald Trump has floated the idea of replacing a visa program for foreign investors with a so-called "gold card" that could be bought for $5 million as a route to American citizenship, which would grant "green card privileges plus (American) citizenship." The EB-5 Immigrant Investor Program, currently administered by the U.S. Citizenship and Immigration Services, was created in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. Trump plans to replace this program with his proposed "gold card" scheme.

We Finally Know Who’s Legally Running Doge

The White House has named Amy Gleason as the acting administrator of the Department of Government Efficiency (DOGE), a move that could potentially shield high-level leader Elon Musk from ongoing legal challenges over the agency's access to sensitive data and funds. The appointment follows days of obfuscation in courtrooms, the press, and the pseudo-department itself, with Gleason previously serving in the US Digital Service and working for Russell Street Ventures. The unclear status of DOGE's leadership has raised questions about the agency's operational capacity and its place within the government.

FINTECH COMPANIES OF 2025: Register Now to Be Considered for the World's Top Fintech Companies List

For the third year in a row, CNBC is working with market research firm Statista to list the world's top financial technology companies, including startups, scaleups, and established tech players. The top global fintech list aims to assess companies using an objective, key performance indicator-based methodology. Applications are now open for companies to register their information for consideration by Statista's researchers.

Rise of Ai Surveillance Sparks Workplace Backlash

A demo video from Optifye.ai, a Y Combinator-backed startup, was deleted after sparking social media backlash over its use of AI-powered security cameras to monitor factory workers. The video showed the co-founder using the system to call out an underperforming worker, prompting criticism that it resembled "sweatshop software." Despite growing anxieties over the rise of AI in the workplace, many venture capitalists continue to fund surveillance products.

Taking a Look at Key Metrics versus Estimates

For the quarter ended December 2024, First Solar (FSLR) reported revenue of $1.51 billion, up 30.7% over the same period last year. EPS came in at $3.65, compared to $3.25 in the year-ago quarter. The reported revenue represents a surprise of +2.98% over the Zacks Consensus Estimate of $1.47 billion.

Cava Q4 Earnings: Key Metrics versus Estimates

Cava's Q4 earnings report highlights the company's revenue growth and strong same-restaurant sales, with 21.2% year-over-year growth surpassing analysts' estimates of 18.3%. The reported EPS surprise of -16.67% also indicates a significant deviation from expectations. Overall, Cava's performance suggests that the company is maintaining its momentum in the competitive casual dining segment.

Boeing No. 2 Executive's Role Narrowed to Focus on Fixing Commercial Plane Unit

Stephanie Pope, Boeing commercial airplanes head, will focus solely on the recovery of the company's critical plane-making unit under a reorganization that eliminates her role as chief operating officer but leaves her as the No. 2 executive. Pope had headed the unit making planes for airlines around the world and was tasked with improving safety and raising airplane production following a series of accidents. The restructuring aims to concentrate responsibility on Pope, leaving Boeing without a permanent chief operating officer.

Democrat Senators Question What Elon Musk Plans to Do With Sensitive CFPB Data

Democratic lawmakers, led by Senator Elizabeth Warren, have expressed concerns regarding Elon Musk's potential conflicts of interest as he seeks to dismantle the Consumer Financial Protection Bureau (CFPB) while launching a new digital payments service. During a recent forum, they highlighted that Musk's control over the CFPB could allow him access to sensitive data about competitors, raising ethical questions about oversight and accountability. The situation has intensified scrutiny of Musk's actions and the future of the CFPB amid ongoing legal battles over the agency's structure and authority.

Lucid Stock Soars as Ceo Steps Down Amid Improved Q4 Results

Lucid Motors' stock has surged after hours following the company's better-than-expected Q4 results, which saw top-line revenue rise to $234.5 million and an adjusted loss per share of $0.22. The company's improved financial performance is expected to drive growth in 2025, with production guidance set at approximately 20,000 vehicles. This marks a significant milestone for Lucid Motors as it continues to build momentum in the electric vehicle market.

Clicks' Blackberry-Style Keyboard Case Arrives for Select Android Phones

The Clicks keyboard case is now available for select Android devices from Google, Samsung, and Motorola, offering a physical keyboard below the screen similar to BlackBerry smartphones of old. This innovation frees up precious screen estate previously taken up by an on-screen keyboard, allowing users to work or browse more efficiently. The companion app can be used to customize keyboard combinations, adjust backlight settings, and even enable passthrough charging.

The Cost of Ai: Training Costs Plumb the Depths

Anthropic's latest flagship AI model, Claude 3.7 Sonnet, may have been trained at a fraction of the cost estimated by top models like OpenAI's GPT-4 and Google's Gemini Ultra, with estimates ranging from a few tens to millions of dollars. These lower costs reflect the rapid advancements in computing power and efficiency, making state-of-the-art AI models more accessible. Despite this, experts predict that future models will be increasingly expensive due to the need for extended periods of training and testing.

Israeli Warplanes Strike South of Damascus

Israeli warplanes have struck a town south of Syria's capital, Damascus, as well as the southern province of Daraa, in a move that has been condemned by the Syrian government. The attacks came hours after Syria demanded Israel withdraw from the country's south, following rebels led by Hayat Tahrir al-Sham (HTS) toppling former President Bashar al-Assad in December. The Israeli military has defended its actions as part of a new policy aimed at pacifying southern Syria and preventing terrorist organizations from establishing themselves in the region.

Bofa Scraps Diversity Goals for Hiring and Interviewing Candidates

Bank of America has dropped references to its diversity hiring goals and a rule requiring hiring managers to consider a diverse group of candidates, according to an annual filing on Tuesday. The changes depart from policies laid out in the bank's proxy statement last year. Several businesses have softened their stance on diversity, equity and inclusion since Trump took office.

Lowe's to Follow Home Depot in Reporting Earnings as Core Diy Consumers Pull Back on Spending

Lowe's investors are hopeful for a positive start to 2025, but the company faces challenges from a shift to services and pressured consumer spending. The home improvement retailer is expected to post relatively soft fourth quarter and fiscal 2024 results, with analysts anticipating incremental sales following hurricanes and wildfires. However, same-store sales growth is expected to decline due to foot traffic decreases, despite higher average ticket sizes.

Free Playstation Network Credits Offered Amidst Christmas Eve Outage Issues

Sony has offered free PlayStation Network credits to compensate for the inconvenience suffered by gamers due to temporary voucher code redemption issues on December 24th. The outage, which lasted over 18 hours, was caused by an "operational issue" that prevented subscribers from accessing multiplayer titles and internet-dependent single-player games. In a gesture of goodwill, Sony is providing PlayStation Plus Essential tier holders with five free days of service to make up for the inconvenience.

Us Senator Grassley Launches Inquiry Into Unitedhealth Medicare Billing

U.S. Senator Chuck Grassley has initiated an investigation into UnitedHealth's Medicare billing practices, citing reports that suggest potential misuse of billing rules to maximize profits. In a letter to CEO Andrew Witty, Grassley demanded comprehensive documentation to assess the company's compliance and training related to these practices, labeling the situation as "unacceptable" for both Medicare beneficiaries and taxpayers. The inquiry follows a series of articles revealing that the U.S. Justice Department is also examining UnitedHealth, raising concerns about the broader implications for the Medicare Advantage program.

"Openwrt Unveils Secure, Hacker-Friendly Wireless Router at Affordable Price"

OpenWrt has launched its "unbrickable" security-focused wireless router, the OpenWrt One, which promises unrivalled security protection to hackers and security-conscious users. The $89 router features open-source firmware that guarantees no lock-in or obsolescence risks, ensuring users can experiment with different configurations, flash new firmware, and make modifications without fear of rendering the device unusable. Developed in collaboration with Banana Pi, the OpenWrt One is designed to meet the needs of users who value control and security in their networking hardware.

Perplexity Launches $50m Seed and Pre-Seed Vc Fund

Perplexity, the developer of an AI-powered search engine, is raising a $50 million seed and pre-seed investment fund. The majority of the capital coming from limited partners will be used to anchor the fund and support the company's growth. Perplexity reportedly raised $500 million at a $9 billion valuation in December.

Supermicro Stock Soars in Extended Trading as Server Maker Meets Filing Deadline

Supermicro Computer shares surged after the company filed its delayed financial reports late Tuesday, just beating its deadline to avoid being delisted by the Nasdaq. The stock had tumbled during Tuesday's regular session amid concerns about whether the deadline would be met. Super Micro Computer (SMCI) shares rocketed higher after the server maker submitted its delayed financial reports late Tuesday, just beating its deadline to avoid being delisted by the Nasdaq. The company had until the end of the day to file its reports for fiscal 2024 and the first two quarters of fiscal 2025.

Cava Group (Cava) Earnings Surprise Holds Clues to Future Performance

Cava Group (CAVA) delivered earnings and revenue surprises of -16.67% and 0.82%, respectively, for the quarter ended December 2024. The company's quarterly earnings per share of $0.05 missed the Zacks Consensus Estimate of $0.06 per share, with revenues of $227.4 million surpassing the consensus estimate by 0.82%. These figures represent an earnings surprise of -16.67% and a revenue surprise of 28.36%, respectively.

The People in Elon Musk's Doge Universe

Elon Musk’s Department of Government Efficiency (DOGE) is populated by a diverse array of staffers and advisors, many of whom are long-time associates from his various companies. This inner circle reflects Musk's penchant for surrounding himself with talented individuals who share his vision for government reform and efficiency, often challenging conventional bureaucratic norms. The evolving structure of DOGE, which is expected to adapt over time, raises questions about the implications of such a closely-knit team operating within the U.S. government.

Russia's Lavrov Aligns Positions with Iran on Nuclear Programme

Russian Foreign Minister Sergei Lavrov and Iran's top leaders aligned positions on issues around Iran's nuclear programme at talks in Tehran, resulting in a shared stance that prioritizes diplomacy over military action. The meeting marked a significant development in Russia-Iran relations, with the two countries reaffirming their commitment to resolving conflicts through dialogue. This alignment is particularly notable given the ongoing tensions surrounding Iran's nuclear activities and the concerns of other nations about its enrichment programme.

Bug in Apple's Voice Dictation Feature Causes "Trump" To Be Displayed Instead of "Racist"

Apple is fixing a peculiar voice dictation bug that briefly displays “Trump” when someone says the word “racist.” The issue is due to phonetic overlap between "Trump" and "racist," with other words with an "r" consonant occasionally being affected. A fix is rolling out soon for the peculiar issue, which has raised concerns about the accuracy of Apple's dictation feature.

What Are Gfci Outlets? Plus 6 Things You Should Never Plug Into One

GFCI outlets can be a source of inconvenience if you misuse them, but they can also save your life by preventing electrical shocks. The philosopher and spiritualist Thomas Merton had a life-changing epiphany downtown Louisville in 1958, which led to his 27-year stint as a Trappist monk at Gethsemane Abbey, where he was an outspoken critic of the Vietnam War. However, it's uncertain whether Merton's death from electrocution was simply a freak accident or preventable by safer technology.

Copper Under Siege: Trump Orders Probe in First Step to Tariffs

US President Donald Trump has ordered an investigation of copper imports in what is a first step toward potential tariffs on the metal, as part of efforts to boost US production and protect national security. The move aims to address the competition from China, which administration officials say has used industrial capacity and dumping as an economic weapon to dominate global markets. A probe by the Commerce Department will examine copper imports, as well as imports of copper derivatives.

3-in-1 Charger Is a Must-Have Accessory for Pixel Owners and It's on Sale

The Phelinta 3-in-1 charger is available now on Amazon for $43 a pop, offering a convenient option for those looking to have a single charging station for supported devices. It charges all of your Pixel devices in one convenient place and does exactly what it needs to without being the fastest charger on the planet. The Phelinta 3-in-1 wireless charger has received a 7% price drop and a 20% off coupon, combined discounts bringing the device's cost down to about $32.

Doge's Acting Administrator, Not Elon Musk, Confirmed by White House

The White House has confirmed that Amy Gleason is the acting administrator of the Department of Government Efficiency (DOGE), a team of government cost-cutters established under an executive order signed by President Trump. DOGE was created to streamline government operations and reduce waste, but its role and authority have been shrouded in ambiguity due to concerns over Elon Musk's involvement. The appointment of Gleason as acting administrator marks a new development in the ongoing saga surrounding DOGE.

Ai Surpasses Humans in Pokémon Gameplay on Twitch

Anthropic's AI model Claude 3.7 Sonnet has successfully navigated the challenges of playing Pokémon Red, showcasing its reasoning capabilities and ability to think through puzzles. The model's performance has raised questions about the potential for AI to replicate human-like experiences, sparking a fascinating debate about the nature of intelligence and creativity. As AI continues to advance, it will be interesting to see how it adapts to new environments and challenges.

Super Micro Jumps After Filing Delayed Financial Reports

Super Micro Computer Inc. gained more than 20% in extended trading after submitting outstanding financial reports to become compliant with Nasdaq Inc. rules, easing concerns about risks that the server maker would be delisted. The company's shares climbed to a high of $56.45 in late trading after closing at $45.54 in New York. Investors had grown anxious as the deadline approached, and Super Micro was trying to avoid a delisting after missing an August 2024 deadline to file its annual financial report.

Do Traders Think the Stock Market Looks Frothy and Overvalued?

Traders are becoming increasingly concerned about market froth and overvaluation as they digest headlines about tariffs and peak corporate profit margins. Two out of three traders believe the stock market is currently overvalued, according to a new survey from Charles Schwab. The study captured responses from 1,040 active trader clients at Charles Schwab and was conducted from Jan. 8-17.

Solar Panel Maker First Solar Seeks Patent Rights Against Chinese Rival

First Solar forecasted higher 2025 sales and reported a rise in fourth-quarter profit on Tuesday, as the Biden administration's tariffs on solar panel imports from four Southeast Asian nations boosted demand for domestic production. The company posted net income of $393 million for the quarter ended December 31, up about 13% from last year, and said it has initiated legal action against JinkoSolar for patent infringement. Solar-generated electricity is one of the fastest-growing segments of the U.S. energy industry due to strong demand from corporations and governments to adopt cleaner sources of power and combat climate change.

Musk Seeks Dominance in Air Traffic Communications System Contract

The federal government is considering awarding a $2 billion contract to modernize its air traffic communications system to Elon Musk's Starlink, despite concerns about the lack of transparency and potential conflicts of interest. The contract was previously held by Verizon, but Musk's satellite company has been installed at FAA facilities as part of an effort to win the bid. The move highlights the extraordinary power wielded by Musk in the federal government.

Amc Entertainment (Nyse:amc) Beats Q4 Sales Targets

Theater company AMC Entertainment (NYSE:AMC) announced better-than-expected revenue in Q4 CY2024, with sales up 18.3% year on year to $1.31 billion. Its non-GAAP loss of $0.18 per share was 10.2% below analysts’ consensus estimates. Revenue growth may not necessarily translate to sustainable profitability for AMC Entertainment.

Trump Proposes Gold Cards for Foreigners to Create Us Jobs

The Trump administration is planning to launch a new immigration program that would allow foreigners to obtain gold cards worth $5 million in exchange for creating jobs and contributing to the U.S. economy. The initiative aims to attract highly skilled workers who could help fill labor gaps in key industries. However, critics have raised concerns about the potential impact on existing workers and the feasibility of such a program.