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Archive: 2025-03-06 (456) - Page 5/10 (50)

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Cybercriminals Caught for Stealing Hundreds of Concert Tickets Through StubHub Exploit

The recent arrest of two cybercriminals, Tyrone Rose and Shamara Simmons, has shed light on a sophisticated scheme to steal hundreds of concert tickets through a loophole in StubHub's back end. The pair, who have been charged with grand larceny, computer tampering, and conspiracy, managed to resell about 900 tickets for shows including Taylor Swift, Adele, and Ed Sheeran for around $600,000 between June 2022 and July 2023. This brazen exploit highlights the ongoing threat of ticket scams and the importance of vigilance in protecting consumers.

Second Judge Blocks Trump's Sweeping Freeze on Federal Funding

A federal judge has issued a ruling that prevents the Trump administration from enforcing its proposed freeze on federal funding directed at programs that do not align with its policies, marking a significant legal setback for the administration. The injunction, granted by U.S. District Judge John McConnell, follows a similar decision made by another judge and highlights concerns regarding executive overreach and the separation of powers. As the administration plans to appeal the ruling, the situation raises questions about the future of federal funding and the administration's ability to implement its agenda.

MongoDB Stock Crashed on Thursday

MongoDB's stock plummeted by 20.3% following the announcement of its Q4 2024 earnings, which, despite surpassing expectations, were overshadowed by disappointing guidance for 2025. The company reported a decline in gross profit margin and a significant drop in free cash flow, raising concerns about its financial health moving forward. Investors reacted negatively to the forecast of lower sales and earnings, signaling a potential downturn in the company's growth trajectory.

US Chip Darlings Struggle, Some Bet on Software as Next Big AI Play

US chip stocks were the biggest beneficiaries of last year's artificial intelligence investment craze, but they have stumbled so far this year, with investors moving their focus to software companies in search of the next best thing in the AI play. The shift is driven by tariff-driven volatility and a dimming demand outlook following the emergence of lower-cost AI models from China's DeepSeek, which has highlighted how competition will drive down profits for direct-to-consumer AI products. Several analysts see software's rise as a longer-term evolution as attention shifts from the components of AI infrastructure.

US Chip Darlings Struggle, Software Sees Rise in AI Play

U.S. chip stocks have stumbled this year, with investors shifting their focus to software companies in search of the next big thing in artificial intelligence. The emergence of lower-cost AI models from China's DeepSeek has dimmed demand for semiconductors, while several analysts see software's rise as a longer-term evolution in the AI space. As attention shifts away from semiconductor shares, some investors are betting on software companies to benefit from the growth of AI technology.

The Best iPad Keyboard Cases of 2025: Expert Tested and Reviewed

Our experts tested the best iPad keyboard cases from Apple, Logitech, Zagg, and more to find the perfect balance of protection and productivity. An iPad keyboard case does more than just protect your device. It turns your tablet into a portable workstation capable of handling emails, managing projects, taking notes, and writing documents. However, not all keyboard cases are created equal. Some offer a laptop-like experience, while others feel more lightweight. Some are made for the rugged outdoors and construction sites.

Has Elon Musk Shifted His Stance On Government Salaries? He's Seemingly Aligning With AOC In Advocating for Higher Pay

Elon Musk has seemingly shifted his stance on government salaries, suggesting that increasing compensation for lawmakers and senior government employees could reduce corruption. This position aligns with arguments made by Democrats, including Rep. Alexandria Ocasio-Cortez, who advocates for better pay to prevent financial temptations. The change in Musk's stance comes after he played a key role in tanking a bipartisan funding bill that included a modest pay raise for members of Congress.

Google Just Released Its March Pixel Drop with Three Major Upgrades for Pixel Devices

Google's latest update is adding some camera functionality across the board, providing a performance boost for older phones, and making several noticeable changes to user experience. The new upgrades aim to enhance overall performance, security, and features of Pixel devices. However, one notable change has left some users unhappy - haptic feedback on Pixel phones now feels more intense and tinny.

A Handheld Solution for DS Emulation: The MagicX Zero 40

The MagicX Zero 40 is an Android-powered handheld emulator that uses a vertically-oriented display to emulate Nintendo DS games, offering a unique approach to retro gaming at an affordable price. The device's design and specifications aim to provide a cost-effective alternative to other handheld emulators on the market. With its expected release date in April 2025 for around $75, the MagicX Zero 40 may just fill the void left by Nintendo's discontinued DS repair parts.

The Rise of Smart Earplugs for Better Sleep

Loop's $50 Dream earplugs are among the most comfortable I've worn, virtually eliminating outside noise to help me sleep. The earbuds made street disturbances sound distant and, when fitted right, get you close to silence as you fall asleep. Finding the right fit and securing them properly takes some trial and error.

The Future of Gaming Mini PCs Takes Shape with Minisforum AI X1 Pro

The Minisforum AI X1 Pro is a Strix Point gaming mini PC that offers impressive specs, including the Radeon 890M and OCuLink, making it suitable for eGPU setups. The base configuration starts at $899 and features 32 GB of RAM and 1 TB storage. With its efficient cooling system and phase-change heat dissipation material, the AI X1 Pro is poised to deliver smooth performance in modern AAA games.

Stock Market Sinks on Tariff Exemptions, Investors Weigh Economic Uncertainty

US stocks fell on Thursday as President Trump announced temporary exemptions on tariffs against Mexico, though the same caveat was not immediately applied to Canadian imports. The Dow Jones Industrial Average (^DJI) fell 1%, or around 450 points, while the S&P 500 (^GSPC) dropped 1.7%. The tech-heavy Nasdaq Composite (^IXIC) plummeted over 2% as investors weighed how far President Donald Trump would be willing to negotiate on tariffs.

Stock Market Today Falls As Lutnick Hints at More Tariff Exemptions

US stocks fell but pared steeper losses on Thursday after Commerce Secretary Howard Lutnick hinted that more temporary exemptions are likely within the Trump administration's current 25% tariff policy on Canada and Mexico. Investors continue to grapple with Trump's shifting tariff policy and worries about the economy. The major averages opened lower on Thursday as investors assessed the impact of President Trump's tariff policies and a disappointing sales outlook from Marvell (MRVL) weighed on tech stocks.

The Regulation of Digital Sequence Information Goes Global

Digital sequence information alters how researchers look at the world’s genetic resources. The increasing use of digital databases has revolutionized the way scientists access and analyze genetic data, but it also raises fundamental questions about ownership and regulation. As the global community seeks to harness the benefits of genetic research, policymakers are struggling to create a framework that balances competing interests and ensures fair access to this valuable resource.

Trump Says He Will Delay Mexico Tariffs on Goods Under USMCA

President Donald Trump has announced that Mexico will be exempt from new 25% tariffs on goods and services under the USMCA, following discussions with Mexican President Claudia Sheinbaum. This decision comes amid broader tariff considerations, with potential exemptions for Canadian goods still under review, and aims to ease tensions with major trading partners while addressing concerns linked to fentanyl trafficking. Market reactions have been mixed, reflecting uncertainty over the implications of ongoing tariff policies and their potential impact on the US economy.

Vistra Corp. (VST) Among the Best Stocks To Invest In According to Billionaires

Vistra Corp. has emerged as one of the top stocks according to billionaire investors, who have invested heavily in established companies with strong track records and exceptional performance. The company's focus on renewable energy and energy storage has resonated with billionaires such as Warren Buffett, who has been selling a record amount of net stock in 2024. As the market continues to navigate the impact of tariffs and economic uncertainty, Vistra Corp.'s commitment to sustainability may prove to be a key differentiator.

Tesla Sales Plunged 76% in February in Germany

In February, Tesla's sales in Germany experienced a significant decline of 76%, totaling only 1,429 cars sold, following a 60% drop in January. This downturn highlights the challenges the electric vehicle manufacturer faces in the competitive German market, where customer preferences and increasing competition from local automakers are becoming more pronounced. As Tesla grapples with these difficulties, the implications for its overall market strategy and production capacity are becoming increasingly critical.

Cybersecurity Laid Off: Former NSA Official Warns of Devastating Impact

A former top official, Rob Joyce, has warned that mass federal layoffs will have a devastating impact on cybersecurity and national security. The House Select Committee on the Chinese Communist Party has heard concerns from Joyce, who argues that culling workers from federal departments will erode the pipeline of top talent responsible for hunting and eradicating threats. Over 100,000 federal workers have been made redundant or taken retirement as part of the new administration's plans to drastically downsize the federal government workforce.

Nvidia Leads Chipmaker Stocks Lower as Investor Fears Over AI Demand Continue to Weigh

Nvidia's stock has dropped more than 3% early Thursday, leading other chipmakers down as fears over AI demand continued to weigh on the sector. The company's shares have declined nearly 13% year-to-date, with the AI chipmaking giant seeing its worst monthly performance in February since July 2022. Investors are becoming increasingly anxious about the growing competition in the field of artificial intelligence and semiconductor manufacturing.

BlackRock's Panama Port Deal Draws Republican Applause

BlackRock's purchase of two critical ports on both sides of the Panama Canal has drawn praise from some Republican state officials, who are reconsidering bans on the asset manager due to its newfound conservative credibility. The deal has given BlackRock CEO Larry Fink and his company political capital with Trump allies, who had previously restricted or banned the firm over its environmental, social, and corporate governance (ESG) investing policies. As a result, some Republican state officials are now willing to consider BlackRock's eligibility for future contracts.

Microsoft to Invest About $300 Mln More in AI Infrastructure in South Africa

Microsoft is increasing its investment in artificial intelligence (AI) infrastructure in South Africa, committing an additional 5.4 billion rand ($296.81 million). This boost aims to enhance the country's digital capabilities and support economic growth. The expansion reflects Microsoft's broader strategy to develop data centers and deploy AI and cloud-based applications.

Canada Will Be in Trade War with US for Foreseeable Future, Says Trudeau

Canada will continue to engage with the Trump administration about tariffs imposed by the United States, despite Prime Minister Justin Trudeau's acknowledgment of a "trade war" between the two countries. The Canadian government has maintained its 25% tariffs on $30 billion of U.S. imports since January, and Trudeau indicated these measures would remain in place until the trade action is lifted. Trudeau's comments reflect ongoing tensions between the two nations over trade policies.

CIA Fires Officers at Will, Raising National Security Concerns

The Central Intelligence Agency's recent firings of probationary employees raise concerns about its ability to conduct essential national security missions due to a loss of experienced officers. The move, under the Trump administration's new CIA director John Ratcliffe, has sparked fears that it may compromise the agency's intelligence collection and analysis efforts. As the US continues to face global threats, the CIA's personnel decisions have significant implications for the country's safety.

US Trade Deficit Hits Record High in January on Imports Surge

The U.S. trade deficit widened to a record high in January amid front-loading of imports ahead of tariffs, suggesting that trade could be a drag on economic growth in the first quarter. Imports soared 10.0%, the most since July 2020, to $401.2 billion, driven by industrial supplies and consumer goods. The surge in gold imports may have been related to fears of tariffs on the precious metal, but the underlying causes of the trade deficit remain unclear.

Corporate America Isn't Talking About Anything But Tariffs Right Now

President Trump's implementation of tariffs has become a central theme in corporate America, significantly influencing stock market trends and company earnings discussions. Recent data shows a dramatic increase in the mention of tariffs during earnings calls, reflecting widespread concern across all sectors of the S&P 500 about potential cost increases and their impact on profitability. The uncertainty surrounding the longevity of these tariffs is creating volatility in market conditions and strategic planning for many companies, particularly in industries heavily affected by these trade policies.

Chinese AI Firm iFlyTek Eyes Europe Expansion as US Trade War Heats Up

iFlyTek, a Chinese artificial intelligence firm, is planning to expand its European business as trade tensions rise between the United States and China. The company aims to diversify its supply chain to reduce any impact from tariffs while working to expand its business in countries such as France, Hungary, Spain, and Italy. iFlyTek's expansion plans come after it was placed on a U.S. trade blacklist in 2019, barring the company from buying components from U.S. companies without Washington's approval.

The Rise and Fall of Gran Saga: A Cautionary Tale of MMO Failure

Gran Saga launched with a solid foundation, boasting cinematic production, cross-play support, and full voice acting, but ultimately struggled to establish a stable player base due to its automated gameplay, poor balancing, expensive microtransactions, and technical issues. The game's developer had invested $25 million in the project over four years, but despite its strengths, Gran Saga was unable to sustain engagement. As a result, the MMO was shut down just four months after its launch.

Trump's Erratic Trade Policies Are Baffling Businesses, Threatening Investment and Economic Growth

The ongoing trade tensions under President Donald Trump are creating uncertainty among businesses, with rising tariffs causing economic pain through increased costs for importers and consumers, as well as complications in making strategic decisions about suppliers, locations, and prices. This uncertainty is particularly unsettling for multinational companies operating complex global supply chains, which may lead to delayed or canceled investments that hinder economic growth. The impact of Trump's trade policies on business investment is becoming increasingly evident, with some businesses, like Marc Rosenberg's ergonomic furniture company, struggling to adapt to the changing landscape.

Spacecraft Carrying Hopping Robot Lands on Moon

Intuitive Machines has successfully landed its spacecraft, Athena, near the Moon’s South Pole, although it has not yet confirmed the vehicle's orientation or condition. The mission carries a unique hopping robot, Micro Nova Hopper, designed to explore a permanently shadowed crater for potential ice deposits, which could be crucial for future lunar and Martian colonization efforts. This landing marks a significant step in NASA's partnership with private companies to advance lunar exploration and assess the viability of establishing human bases on the Moon.

Iraqi Kurdistan Oil Export Talks End Without Deal Despite US Push

Negotiations to resume oil exports from Iraqi Kurdistan to Turkey have once again failed, primarily due to disagreements over pricing and payment terms, marking the second unsuccessful attempt within a week. The involvement of a U.S. diplomat in the discussions highlights Washington's urgent interest in resolving the stalemate, which is partly driven by broader geopolitical pressures, including sanctions on Iran. As the Iraqi government navigates these complex negotiations, the potential for further economic ramifications looms large, impacting both regional stability and global oil prices.

Russian Prosecutorors File Lawsuit Against Us-Owned Caned Food Maker

Russian prosecutors have filed a lawsuit against the U.S. owner of canned food maker Glavprodukt, which was seized by Moscow in October, accusing him of illegally withdrawing around $15.5 million from Russia over the last two years. The General Prosecutor's lawsuit was filed on March 5 and contained no details beyond naming the defendants as Smirnov, who is a U.S. citizen, Universal Beverages and other companies. Glavprodukt is a subsidiary of Universal Beverages, which is owned by Smirnov.

Most Smartphone Users Are Apathetic to AI Features

A new survey of over 2,000 smartphone users suggests that the vast majority of iPhone and Samsung Galaxy users find AI features add little to no value to their experience. Most users are not interested in paying for continued access to AI features or even using them regularly. Despite both Apple and Samsung making significant investments in AI technology, it appears that most consumers have simply tuned out.

Why Alphabet Stock Fell 17% in February

In February, Alphabet's stock experienced a significant decline of 17%, primarily due to weaker-than-expected revenue reported in its fourth-quarter earnings, which raised concerns about its market competitiveness against rivals like Meta Platforms. The company's plans to substantially increase capital expenditures for AI investments met skepticism from investors, as the immediate impact on revenue generation remains uncertain. Additionally, broader market sell-offs and macroeconomic factors, including job cuts in its cloud division, contributed to the stock's downward trajectory.

DJI Mavic 4 Pro Leaks Show Potential for Improved Camera Skills and LiDAR Capabilities

The leaked final design render of the DJI Mavic 4 Pro suggests a more aerodynamic propeller design, potentially leading to quieter operation and longer flight times. The camera module appears to be physically larger and more bulbous than its predecessor, which could indicate improved image quality via larger sensors or lenses. However, the LiDAR module is not visible on the leaked image.

US Judge Bars Copies of Lilly Weight-Loss Drug

A U.S. federal judge has refused to allow compounding pharmacies to keep making copies of Eli Lilly's popular weight-loss and diabetes drugs Zepbound and Mounjaro in the United States. The decision was filed late on Wednesday in response to an October lawsuit from a compounding industry group against the U.S. Food and Drug Administration's decision last year that there was no longer a shortage of the medicines' active ingredient, tirzepatide. Compounders had been allowed to produce hundreds of thousands of doses of copies of obesity drugs only while the FDA said there was a shortage of them.

Stock Market Sees Sharply Decline as Tariffs Remain Uncertain

The Dow Jones Industrial Average plummeted 1.3% and the S&P 500 dropped over 2%, with the Nasdaq Composite falling close to 3%, due to concerns over Trump's shifting tariff policy and worries about the economy. Investors are grappling with uncertainty surrounding tariffs on Mexico, Canada, and other countries, leading to a market correction if the losses hold. The tech-heavy Nasdaq is now more than 10% off its December record high.

US Trade Deficit Surged to a Record Ahead of Trump Tariffs

The US trade deficit widened to a record in January as companies scrambled to secure goods from overseas before President Donald Trump imposed tariffs on America’s largest trading partners, resulting in a significant increase in imports and a widening gap in the goods and services trade. The gap in goods and services trade widened 34% from the prior month to $131.4 billion, with imports rising 10% to a record $401.2 billion and exports increasing only 1.2%. This surge in imports may have implications for the country's economic growth and production capacity.

How To Earn $500 A Month From Costco Stock Ahead Of Q2 Earnings

To capitalize on Costco's dividend yields, investors must acquire a substantial amount of shares, as even with an annual dividend yield of 0.44%, the required investment to earn $500 per month is substantial. The company has missed analyst revenue estimates in two straight quarters and six of the last 10 quarters overall, which may impact future dividend payments.

Nvidia's RTX 5000 GPU Glitch: What You Need to Know

Corsair has confirmed that only one of its prebuilt PCs with Nvidia Blackwell graphics cards is affected by a 'rare' chip-level fault that causes slow performance in PC games. The issue, which affects the rendering pipeline count, was previously reported to be rare but Corsair's testing procedures have now flagged several other systems for potential ROP discrepancies. To ensure transparency and customer satisfaction, Corsair has implemented proactive measures to validate the correct ROP count on all RTX 50-series GPUs.

Eli Lilly and Company Faces Pressure From Shareholders

Eli Lilly and Company has experienced significant share price fluctuations in recent months due to various headlines and policy changes, including the appointment of RFK Jr. as head of the U.S. Department of Health and Human Services. Despite this, the company's GLP-1 revenue growth has been excellent, with a 32% increase in 2024 compared to 2023. However, some investors have expressed concerns about the impact of these events on Eli Lilly's stock performance.

US Foreign Aid Contractors Face Judge After Supreme Court Boost

The case before US District Judge Amir Ali represents an early test of the legality of Trump's aggressive moves since returning to the presidency in January to assert power over federal spending, including funding approved by Congress. The Supreme Court's 6-3 decision to uphold Ali's emergency order for the administration to promptly release funding to contractors and recipients of grants has given plaintiffs a new lease on life. However, despite the Supreme Court's action, the future of the funding remains unclear.

The Real Estate Deal That Went Up in Smoke Due to a Tantrum-Throwing Neighbor's Child

A seller on Reddit shared how their "dream home" deal collapsed after the buyers pulled their offer for an unusual reason—one bad interaction with a neighbor's 6-year-old. The original poster explained that they received an offer on their home, which was only two years old, but ultimately lost out due to concerns about another potentially difficult neighbor situation. Despite efforts to reassure the buyers, including speaking with the neighbors and offering to address any issues, the deal fell through.

US Retailers Publicly Scrap Some 'DEI' Initiatives While Quietly Supporting Others

US retailers are walking a tightrope between publicly scrapping diversity, equity and inclusion programs to avoid potential legal risks while maintaining certain efforts behind the scenes. Despite public rollbacks of DEI initiatives, companies continue to offer financial support for some LGBTQ+ Pride and racial justice events. Retailers have also assured advocacy groups that they will provide internal support for resource groups for underrepresented employees.

BJ'S Wholesale Club Posts Q4 Earnings Above Street View Due To Strong Membership Fee

BJ’s Wholesale Club Holdings, Inc (NYSE:BJ) shares are trading higher in premarket on Thursday after the fourth-quarter earnings. The company reported a fourth-quarter revenue decline of 1.4% year-on-year to $5.28 billion, beating the analyst consensus estimate of $5.27 billion.Total comparable club sales increased by 4%, with digitally enabled comparable sales climbing 26%.Membership fee income increased by 7.9% to $117 million.Selling, general and administrative expenses increased 2.3% to $758.2 million.

Roy Ayers, Everybody Loves the Sunshine Singer and Jazz-Funk Pioneer, Dies at 84

Influential soul, jazz and funk producer and composer Roy Ayers has died at the age of 84. He was a huge influence on other artists including Pharrell Williams, Mary J Blige, and Common. Ayers' own biggest hit was the mellow track Everybody Loves the Sunshine, which was covered by artists like d'Angelo and sampled by others.

Publicis Acquires Lotame to Expand Consumer Reach

Publicis has reached an agreement to acquire data and ID technology group Lotame, planning to integrate it into its targeted marketing unit Epsilon, which drives the company's main business. The deal is expected to expand Publicis' individual consumer profiles to 4 billion from a current 2.3 billion, allowing the company to interact with nearly all adults who use the internet. This acquisition aims to solidify Publicis' position as the world's largest advertising firm.

Dell Introduces the Pro 34 Plus USB-C Hub Monitor with 100 Hz IPS Panel

Dell has unveiled its Pro 34 Plus USB-C hub monitor, featuring a 34.1-inch WQHD IPS panel with a 100 Hz refresh rate, aimed at enhancing productivity for users. The monitor includes a variety of connectivity options, such as front-facing USB-C and USB-A ports, as well as a built-in hub designed for easy access. With a focus on eye comfort and color accuracy, the Pro 34 Plus is positioned as an ideal choice for tasks like photo editing and multimedia consumption.

Trump to Sign Executive Orders 1900 GMT, White House Says

U.S. President Donald Trump plans to sign additional executive orders at 2 p.m./1900 GMT on Thursday, the White House said, amid speculation about potential policy changes that could shape the country's education landscape. The new directives are expected to address pressing issues facing the nation, although details remain scarce. Trump's executive orders have historically had a significant impact on U.S. policy and governance.

Kabila Sparks Fears of Power Struggle Amid Rebellion in Democratic Republic of Congo

The former President's secret talks with opposition politicians and civil society members have raised concerns about the potential for a power struggle in the country. Kabila's harsh criticism of current President Felix Tshisekedi in private has soured their relationship, leaving many wondering about the future of the fragile peace process. As Rwanda-backed rebels seize territory in the east, the stage is set for a potentially explosive confrontation between Kabila and his successors.

US 'Destroying' World Order, Ukraine's Ambassador to the UK Says

Valerii Zaluzhnyi's comments come amid an apparent cooling of tensions between Kyiv and Washington. The Ukrainian envoy has expressed discontent over the US's actions, stating that the White House is "questioning the unity of the whole Western world". His remarks at a conference suggest that there remains tension surrounding the US's change in posture towards Russia.