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Archive: 2025-03-07 (227) - Page 1/5 (50)

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Canon RV Compact Camera Leaks as Upsized PowerShot V1 with APS-C Sensor

The Canon EOS RV appears to be a compact APS-C camera with an interchangeable lens, aiming to target content creators and videography enthusiasts. This new development marks a significant shift in Canon's strategy for releasing compact cameras, potentially offering a more robust video-centric feature set. The leaked specifications also highlight the camera's ergonomic design, featuring large cutouts and tactile controls.

Canada Markets Airports to Investors in Push to Attract Capital

Canada is seeking private investors to develop its airports at an accelerated pace, highlighting the country's efforts to boost domestic investment and offset economic pressures from a trade war with the US. The government is promoting a new model of airport development that allows for partnerships between public and private entities, aiming to tap into the expertise and capital of foreign investors. By doing so, Canada aims to support its air transportation system's growth and modernization.

Google Can Keep Anthropic AI Investment Under Antitrust Plan

Under a revised Justice Department proposal, Google can maintain its existing investments in artificial intelligence startups like Anthropic, but would be required to notify antitrust enforcers before making further investments. The government remains concerned about Google's potential influence over AI companies with its significant capital, but believes that prior notification will allow for review and mitigate harm. Notably, the proposal largely unchanged from November includes a forced sale of the Chrome web browser.

Rockstar Games Sues PlayerAccounts Marketplace for Breaking TOS

The publisher of GTA 5, Take Two, is taking Roblox's marketplace, PlayerAuctions, to court over allegations that the platform is facilitating unauthorized transactions and violating terms of service. The lawsuit claims that PlayerAuctions is using copyrighted media to promote sales and failing to adequately inform customers about the risks of breaking the game's TOS. As a result, players can gain access to high-level GTA Online accounts for thousands of dollars.

DEI Rollback Sparks Backlash at AT&T

AT&T's decision to drop pronoun pins, cancel Pride programs, and alter its diversity initiatives has sparked concerns among LGBTQ+ advocates and allies. The company's actions may be seen as a response to the pressure from former President Donald Trump's administration, which has been critical of DEI practices in the private sector. As companies like AT&T continue to make changes to their diversity initiatives, it remains to be seen how these shifts will impact employee morale and organizational culture.

Rescue Operation Ends with Helicopter Airlift Saves 71-Year-Old Woman

A US Coast Guard rescue swimmer was lowered to pull the woman as high waters rose around the car. A helicopter was used to lower the swimmer towards the car and hoist the woman to safety. The rescue operation was complicated by the hazardous location of the vehicle, which was stuck on a rock ledge in the middle of the McKenzie River.

U.S. Data Offers Hope for Manufacturing; Jobs Market Steady

The U.S. Midwest saw a surge in factory activity to its highest level in almost 1-1/2 years in June, driven by strong gains in new orders and production, offering a beacon of hope for the struggling manufacturing sector. This uptick is attributed to improved consumer spending and rising demand for goods, which has helped alleviate supply chain issues that have plagued the industry in recent times. As a result, there are indications that the manufacturing sector may be emerging from its downturn.

Robinhood Paying $29.75 Million to End US Regulator's Probes

Robinhood Markets has agreed to pay $29.75 million to resolve several probes into its supervision and compliance practices, including failure to respond to "red flags" of potential misconduct. The brokerage regulator said the company failed to implement reasonable anti-money laundering programs, miss suspicious or unauthorized trading, and properly supervise social media influencers who promoted the company. Robinhood's agreed settlement covers a range of issues that date back to 2014.

YouTube Under Pressure to Restore Free Speech

YouTube is under scrutiny from Rep. Jim Jordan and the House Judiciary Committee over its handling of content moderation policies, with some calling on the platform to roll back fact-checking efforts that have been criticized as overly restrictive by conservatives. The move comes amid growing tensions between Big Tech companies and Republicans who accuse them of suppressing conservative speech. Meta has already faced similar criticism for bowing to government pressure to remove content from its platforms.

Stock Market Today: S&P 500 Posts Worst Week Since September as Trump Tariffs Rattle Markets

The S&P 500 experienced its worst week since September, influenced by President Trump's fluctuating trade policies and a disappointing jobs report indicating rising unemployment. Despite minor gains on Friday, the uncertainty surrounding tariffs and the Federal Reserve's cautious stance on interest rate cuts continues to create volatility in the market. Analysts are closely watching upcoming earnings reports and economic indicators as traders navigate through a landscape marked by fears of slowing growth.

US, French Top Diplomats Hold Call About Ending Ukraine War, State Dept Says

U.S. Secretary of State Marco Rubio held a call with French Foreign Minister Jean-Noël Barrot to discuss bringing an end to the Russia-Ukraine war, emphasizing President Trump's determination to achieve a just and lasting peace through negotiations. The U.S. has been pressing for a ceasefire in Ukraine, while also considering sweeping sanctions against Russia until a peace agreement is reached. This call reflects the ongoing diplomatic efforts to resolve the conflict in Ukraine.

The DOJ Still Wants Google to Sell Off Chrome

Google's dominance in the browser market has raised concerns among regulators, who argue that the company's search placement payments create a barrier to entry for competitors. The Department of Justice is seeking the divestiture of Chrome to promote competition and innovation in the tech industry. The proposed remedy aims to address antitrust concerns by reducing Google's control over online searching.

US Government Revokes some Access to Satellite Imagery for Ukraine

Maxar Technologies, a U.S. aerospace firm, has disabled Ukrainian users' access to satellite imagery on one U.S. government platform amid the suspension of intelligence sharing with Kyiv by President Donald Trump's administration. This move follows a temporary suspension of access to commercial satellite imagery collected by the United States, as part of the administration's directive on support to Ukraine. The action is seen as a response to pressure on Ukrainian President Volodymyr Zelenskiy's government to cooperate with peace talks with Russia.

Industry Giants Enter S&P 500

DoorDash Inc., Williams-Sonoma Inc., TKO Group Holdings Inc., and Expand Energy Corp. are set to join the S&P 500 index, adding a diverse range of sectors including food delivery, home accessories, sports entertainment, and energy. The additions mark a significant shift in the composition of the US equity benchmark, with implications for the companies' profiles and investors' portfolios. The companies will replace four other firms on the index prior to trading resuming on March 24.

Hims & Hers to Shut Down Apostrophe Dermatology Business

Hims & Hers Health would discontinue its personalized acne treatments dermatology business, Apostrophe, to "simplify its (company's) dermatology products and operations into one seamless experience," the company said on Friday. The telehealth company acquired Apostrophe in 2021 but now plans to continue providing other dermatology treatments. Hims & Hers' stock price rose 4.5% following the announcement, as shares closed at $35.95 on Friday.

Ukrainian Forces Fighting Inside Russia Are Almost Surrounded, Open Source Maps Show

Recent developments indicate that thousands of Ukrainian troops in Russia's Kursk region are nearly encircled by advancing Russian forces, presenting a significant setback for Kyiv's strategic position. The situation has deteriorated rapidly, with open source maps revealing that supply lines for the Ukrainian forces are at risk of being cut off, raising the prospect of a difficult withdrawal. As U.S. intelligence sharing with Ukraine has been suspended, the looming threat of encirclement puts considerable psychological pressure on Ukrainian troops.

DOGE Deploys GSAi Custom Chatbot for 1,500 Federal Workers

Elon Musk's Department of Government Efficiency has deployed a proprietary chatbot called GSAi to automate tasks previously done by humans at the General Services Administration, affecting 1,500 federal workers. The deployment is part of DOGE's ongoing purge of the federal workforce and its efforts to modernize the US government using AI. GSAi is designed to help streamline operations and reduce costs, but concerns have been raised about the impact on worker roles and agency efficiency.

The US Space Force Tests Maneuver Warfare Capabilities in Space..

The US Space Force has successfully tested maneuver warfare capabilities in space, with the X-37B spaceplane demonstrating aerobraking maneuvers that could find applications on future operational military satellites. The test paves the way for improved space domain awareness technology experiments and enhanced surveillance of adversary's satellites. The ability to execute sustained maneuvers in space would have significant benefits in defensive and offensive combat operations.

Stocks Bounce Back as Powell Says Economy Is Fine: Markets Wrap

After a tumultuous week, U.S. stocks experienced a rebound as Federal Reserve Chair Jerome Powell reassured investors about the economy's stability, following a significant drop in the S&P 500. The market volatility was exacerbated by mixed economic data, including a rise in the unemployment rate despite job growth, creating an atmosphere of uncertainty among traders. This unpredictable environment has led to calls for diversification as investors seek to navigate ongoing market fluctuations.

US Dollar Sags After Weaker-than-Expected Jobs Data, Fed's Powell Comments

The US dollar declined to multi-month lows against major currencies following weaker-than-expected job growth in February, as the Federal Reserve is likely to cut interest rates multiple times this year. The decline was accompanied by a boost for the euro, which is poised for its best weekly gain in 16 years. Fed Chair Jerome Powell repeated comments that the central bank will be cautious in responding to economic changes.

HaoHan FireFly Drone Features Tilt Rotors, Airplane Design and Covers 56 Miles on a Full Charge

The HaoHan FireFly distinguishes itself from traditional drones by employing a tilt rotor design, allowing it to take off and land vertically while providing improved flight efficiency reminiscent of an airplane. With a range of up to 56 miles on a full charge and a top speed of approximately 35 miles per hour, the drone targets professional users with its robust capabilities and weight of up to 4 lbs. Although it lacks built-in cameras, it offers a versatile mount for action cameras, catering to specific aerial photography needs.

Oneok Inc. (OKE) Stock Declines While Market Improves: Some Information for Investors

Oneok Inc. (OKE) closed at $89.57, reflecting a slight decrease of -0.19% amidst a generally positive market, where the S&P 500 gained 0.55%. Despite this recent downturn, analysts anticipate a significant increase in the company's earnings per share and revenue for the upcoming quarter, suggesting a cautiously optimistic outlook. The company's current Zacks Rank of #3 indicates a neutral stance, with investors advised to monitor analyst estimate revisions closely.

American Airlines (AAL) Stock Slides as Market Rises: Facts to Know Before You Trade

The latest trading day saw American Airlines (AAL) settle at $13.03, representing a -1.66% change from its previous close. American Airlines (AAL)'s stock has dropped by 22.33% in the past month, lagging behind the Transportation sector's loss of 5.34%. The upcoming earnings release is anticipated to be a significant event for investors, with consensus estimates expecting an EPS of -$0.23 and revenue of $13.12 billion.

Firing Frenzy Fuels Family Ties

Laid-off federal workers are discovering that their family members' reactions to their job loss are often more divisive than sympathetic, with some relatives openly celebrating their termination as a means of supporting the administration's cost-cutting measures. As Americans grapple with the consequences of these cuts, families are being torn apart by differing opinions on government spending and public service. The divide is so stark that it's leaving former federal workers feeling isolated and unsupported.

Canada Ready for Talks on USMCA and China Dumping, Minister Says

Canada is poised to engage in early talks with the United States on reviewing the North American free trade pact, with a focus on addressing trade friction and preventing "dumping" by China into the North American market. The country's finance minister, Dominic LeBlanc, expressed readiness to move quickly towards a broader negotiation that sorts out many points of contention between the three nations. Canada is also prepared to work with the White House to hash out further measures to prevent Chinese dumping, following the imposition of tariffs on Chinese electric vehicles, steel, and aluminum last year.

Trump Says Canada May Soon Get Reciprocal US Tariffs on Dairy, Lumber

The U.S. President's threat to impose reciprocal tariffs on Canadian dairy and lumber is a response to what he calls "tremendously high" tariffs imposed by the Canadian government, sparking concerns about trade tensions between the two nations. Trump has already suspended tariffs on certain goods from Canada and Mexico in an effort to help automakers, but warned that reciprocal tariffs would be implemented if Ottawa drops its current rates. The move is part of a broader campaign by Trump to pressure the Canadian government into changing its trade policies.

QUALCOMM (QCOM) Is Undervalued, Predicts ‘Resurgence’ in 2025

QUALCOMM Incorporated's unique position in AI technology, particularly in low-power, power-efficient chips for phones, PCs, cars, and IoT devices, makes it an attractive investment opportunity. Aswath Damodaran, a professor of finance at NYU Stern School of Business, believes that innovation in AI technology will commoditize AI products, leading to lower spending and reduced competition. Qualcomm's dominance in the premium Android market and its growing presence in automotive and commercial IoT segments are expected to drive its resurgence in 2025.

Cybercriminals Exploit Vendor Backdoor to Steal Millions of Concert Tickets

Two cybercriminals have been arrested and charged with stealing over $635,000 worth of concert tickets by exploiting a backdoor in StubHub's systems. The majority of the stolen tickets were for Taylor Swift's Eras Tour, as well as other high-profile events like NBA games and the US Open. This case highlights the vulnerability of online ticketing systems to exploitation by sophisticated cybercriminals.

INDONESIA PRESS-Inalum Plans to Spend $1.9 Bln on Investment Until 2019-Investor Daily

Inalum's ambitious investment plan aims to significantly increase its production capacity, with a focus on building an aluminium smelter and a steam power plant. The company expects to reach production targets of 400,000 tonnes per year by 2018 and 500,000 tonnes by 2019, despite the challenges posed by global fluctuations in the aluminium market. This move is expected to bolster Indonesia's position as a major player in the global aluminium industry.

DoorDash and Williams-Sonoma to Join S&P 500; Shares Rally

Shares of DoorDash, Williams-Sonoma, Expand Energy, and TKO Group rose in extended trade on Friday after an announcement they would join the S&P 500. The four companies will increase the S&P 500's representation of growth-oriented businesses, potentially benefiting index funds that track the benchmark. As these companies gain access to Wall Street's most widely followed stock benchmark, their shares are likely to experience increased liquidity and trading activity.

DoorDash and Williams-Sonoma to Join S&P 500; Shares Rally

DoorDash and other four companies have been selected to join Wall Street's most widely followed stock benchmark, the S&P 500, marking a significant milestone in their corporate histories. The announcement has led to a surge in shares for all four companies, with DoorDash jumping 7.5%, Williams-Sonoma rising 2.4%, Expand Energy adding 1.5%, and TKO Group gaining 2.6%. The inclusion of these companies in the S&P 500 will require their respective index funds to purchase shares in order to maintain alignment with the benchmark's composition.

The Best Business VoIP Providers of 2025

Business VoIP providers are evolving to offer more than just basic telephony, combining advanced features, scalability, and competitive pricing. RingCentral has emerged as a top choice, providing comprehensive services such as AI transcription, team collaboration tools, and integration with popular software. As the market for VoIP continues to grow, organizations are increasingly opting for solutions that enhance communication and operational efficiency.

Russian Strike on Eastern Ukrainian Town Kills Four, Injures 18

Russian forces attacked the town of Dobropillia in eastern Ukraine late on Friday, killing four people and injuring 18, the regional governor said. Governor Vadym Filashkin initially reported five deaths but later confirmed four fatalities. The Russian attack on Dobropillia is part of a broader escalation of fighting in the Donbas region, where Moscow's forces have been advancing slowly and steadily since the start of the war.

Bayer Seeks Investor Approval for 35% Cash Call to Gird for Litigation

Bayer will seek shareholder approval to raise equity capital worth close to 35% of its outstanding shares over the next three years to cover possible costs of U.S. litigation, it said on Friday, knocking its shares lower. The potential capital increase, worth up to 8.4 billion euros ($9.1 billion) based on the company's current market value, will be voted on at the annual general meeting on April 25. Should investors give approval, Bayer will only resort to a rights issue "if it is absolutely necessary," it said in a statement on its website.

Reddit Moderation Tool Sparks Controversy Over Flagging of ‘Luigi’ as Violent Content

Reddit's automated moderation tool is flagging the word "Luigi" as potentially violent, even when the content doesn't justify such a classification. The tool's actions have raised concerns among users and moderators, who argue that it's overzealous and may unfairly target innocent discussions. As Reddit continues to grapple with its moderation policies, the platform's users are left wondering about the true impact of these automated tools on free speech.

Dolly Parton Releases New Song Honouring Late Husband Carl Thomas Dean

Dolly Parton offered an emotional tribute to her late husband, Carl Thomas Dean, who died earlier this week. The legendary country artist released a new song titled, If You Hadn't Been There, in an Instagram post on Friday. "I fell in love with Carl Dean when I was 18 years old," Parton wrote. "We have spent 60 precious and meaningful years together. Like all great love stories, they never end. They live on in memory and song."

Dbrs Upgrades Greece on Debt Reduction

DBRS upgraded Greece's credit rating to 'BBB' from 'BBB low', citing a healthier banking sector and the continued reduction in the country's general government debt ratio. The nation's debt, which was the highest in the euro zone, has shrunk by more than 40 percentage points since 2020. This downward trend is projected to continue, with the public debt-to-GDP ratio expected to fall below 140% by 2027.

The AI Chatbot Showdown Reveals No Clear Winner

GPT-4.5 and Google's Gemini Flash 2.0, two of the latest entrants to the conversational AI market, have been put through their paces to see how they compare. While both models offer some similarities in terms of performance, GPT-4.5 emerged as the stronger performer with its ability to provide more detailed and nuanced responses. Gemini Flash 2.0, on the other hand, excelled in its translation capabilities, providing accurate translations across multiple languages.

Drugs to Blame in Liam Payne's Death, Close Friend Says

Liam Payne's close friend Rogelio "Roger" Nores attributes the former One Direction star's death to "bad luck" and a "tragedy," stating that drugs are the only thing to blame. The friend had previously been cleared of charges related to Payne's death and maintains that the singer struggled with addiction, which was exacerbated by his fame. Nores' testimony suggests that the real culprit behind Payne's demise is the accessibility and prevalence of certain substances among the rich and famous.

Inferno Tops U.S. Best-Sellers List for Fifth Week

Dan Brown's thriller "Inferno" has maintained its position on top of the U.S. best-sellers list for the fifth consecutive week, with sales data from independent and chain bookstores, book wholesalers, and independent distributors nationwide. The novel's enduring popularity is a testament to Brown's ability to craft engaging stories that captivate readers worldwide. As a result, "Inferno" has solidified its place as one of the most successful fiction novels in recent years.

Dexcom Receives FDA Warning Letter for Two U.S. Manufacturing Facilities

Dexcom has received a warning letter from the FDA following inspections of its two key manufacturing facilities, identifying issues with manufacturing processes and quality management systems in San Diego, California, and Mesa, Arizona. The company had already submitted responses to the Form 483 report and is preparing a written response, which it does not expect to have a material impact on manufacturing capacity or sales guidance for fiscal year 2025. Dexcom manufactures its products at multiple facilities worldwide, including its headquarters in San Diego, California.

Panama to Request Legal, Financial Documents on CK Hutchison-BlackRock Port Deal

The Panama Maritime Authority will analyze the key transaction between CK Hutchison and a consortium backed by BlackRock to ensure protection of public interest in two ports strategically located near the Panama Canal. The deal has raised concerns about China's influence in the region amid pressure from U.S. President Donald Trump. The Panamanian government aims to safeguard the interests of its citizens amidst the changing ownership landscape.

US V. Google: All the News From the Search Antitrust Showdown

A 10-week fight over the future of search. Google's dominance in search is being challenged by the US Department of Justice, which seeks to break up the company's monopoly on general-purpose search engines and restore competition. The trial has significant implications for the tech industry, as a court ruling could lead to major changes in Google's business practices and potentially even its survival. The outcome will also have far-reaching consequences for users, who rely heavily on Google's search engine for their daily needs.

Inside the High-Wire Business of MrBeast

MrBeast, the world's largest YouTuber, is transitioning from content creation to building a multibillion-dollar business empire, seeking to raise $200 million to value his holding company, Beast Industries, at over $5 billion. Focusing on consumer packaged goods, MrBeast's brands, including the chocolate line Feastables, are projected to drive future revenue growth despite the company’s current lack of profitability and significant past losses. As MrBeast expands into new product lines and prepares for a potential initial public offering, the dynamics of influencer-led businesses are increasingly coming into focus.

Trump Hits Pause on Tariffs - but Still Sees Them as Vital Tool

The White House is committed to using tariffs as a means to reshape America's relationship with its global partners, despite recent back-and-forth with Canada and Mexico. The administration views tariffs as a key tool for re-ordering the international trading system to advance American interests. Despite short-term economic harm, Trump believes the long-term benefits outweigh the costs.

What Does “PhD-Level” AI Mean? OpenAI’s Rumored $20,000 Agent Plan Explained

The marketing term "PhD-level" AI refers to advanced language models that excel on specific benchmarks, but struggle with critical concerns such as accuracy, reliability, and creative thinking. OpenAI's recent announcement of a $20,000 monthly investment for its AI systems has sparked debate about the value and trustworthiness of these models in high-stakes research applications. The high price points reported by The Information may influence OpenAI's premium pricing strategy, but the performance difference between tiers remains uncertain.

USDA Eliminates Two Food Safety Advisory Committees

The U.S. Department of Agriculture has eliminated two committees that advise it on food safety, raising concerns about government oversight of the food supply as the Trump administration seeks to downsize the federal bureaucracy and slash costs.The USDA eliminated the National Advisory Committee on Microbiological Criteria for Foods and the National Advisory Committee on Meat and Poultry Inspection, a spokesperson said, potentially reducing public health risks.The committees provided scientific advice to the USDA and other federal agencies on public-health issues related to food safety, but their elimination may lead to gaps in expertise and oversight.

Dexcom Receives FDA Warning Letter for Two U.S. Manufacturing Facilities

Dexcom has been issued a warning letter by the U.S. Food and Drug Administration following inspections that revealed issues in its manufacturing processes and quality management systems at its San Diego and Mesa facilities. The company's shares fell nearly 7% as it acknowledged the situation but expressed confidence that it would not materially impact its manufacturing capacity or sales guidance for fiscal year 2025. Dexcom is currently preparing a written response to address the FDA's observations.

Tesco Trials Giant Trolley Scales in Gateshead

Tesco's new trial of giant trolley scales aims to identify missed or scanned items before checkout, but shoppers are divided on its effectiveness and implications for customer trust. The technology, which weighs trolleys before allowing customers to pay, has sparked concerns about potential loss prevention measures. However, some experts warn that such systems can be alienating if not implemented with care.

US Regulator Clears Path for Banks to Engage in Some Crypto Activities

The U.S. regulator overseeing national banks clarified that banks can engage in some crypto activities, such as crypto-asset custody, stablecoin activities, and participation in distributed ledger networks, without needing advance permission from regulators beforehand. This new guidance removes the expectation that firms should clear their crypto-related activities with regulators first, including demonstrating adequate controls for those business lines. The OCC also rescinded prior guidance telling banks to brief their supervisors on crypto activities beforehand.