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Archive: 2025-03-07 (227) - Page 4/5 (50)

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Hewlett Packard Enterprise Shares Drop 15% on Weak Outlook, Juniper Deal Faces DOJ Challenge

Hewlett Packard shares fell sharply on Friday after the company issued lower-than-expected earnings guidance and revenue forecasts, citing challenges from tariffs, pricing pressure, and high AI inventory levels. The stock declined $2.77, or 15.4%, to $15.19 as of 1:32 p.m. GMT-5 on Friday. HPE's business expected adjusted earnings per share of $0.28 to $0.34, missing the $7.94 billion estimate.

Oklo Inc. (OKLO) Crashed on Thursday

Oklo Inc.'s share price plummeted by 14.26 percent on Thursday, leaving it 7th on our list of the day's biggest losers. The company's decline was largely attributed to concerns over uranium imports and tariffs imposed on Canadian suppliers. Despite analysts' bullish views on Oklo's prospects due to the growing Artificial Intelligence industry and government support for the energy sector.

Increased Power for Musk's Starlink Raises Concerns

The US Federal Communications Commission has approved higher power levels for Elon Musk's SpaceX Starlink service, despite objections from rival companies AT&T and Verizon. The decision allows Starlink to operate a direct-to-cell service with T-Mobile at higher power levels, which could result in harmful interference and impact their service in some areas. The FCC has set conditions to protect terrestrial wireless carrier operations.

‘Startup Nation’ Groups Say They’re Meeting Trump Officials to Push for Deregulated ‘Freedom Cities’

Advocates of the 'Startup Nation' initiative are engaging with Trump administration officials to promote the establishment of 'Freedom Cities' in the U.S., which would operate free from federal regulations. This movement, led by proponents of innovative urban development like Próspera, aims to create environments that encourage entrepreneurial growth and deregulated living. The discussions highlight a clash between traditional governance and emerging visions of autonomous urban spaces as a means to stimulate economic activity.

Apple Delays AI-Infused Siri Upgrade to Improve Features

Apple has delayed the rollout of its more personalized Siri with access to apps due to complexities in delivering features that were initially promised for release alongside iOS 18.4. The delay allows Apple to refine its approach and deliver a better user experience. This move may also reflect a cautionary stance on AI development, emphasizing transparency and setting realistic expectations.

Hewlett Packard Enterprise Shares Tumble as US Tariffs Hurt Forecast

Shares of Hewlett Packard Enterprise fell 13% on Friday, after the AI-server maker said its annual profit forecast would be hit by U.S. tariffs in an intensely competitive market. HPE's comments show tariffs are already affecting U.S. companies, and analysts have said trade war uncertainties could cause prices to rise, including in technology and autos sectors. The company is planning to mitigate these impacts through supply-chain measures and pricing actions.

BRAZIL SUPREME COURT Upholds RUMBLE Suspension

The majority of a five-member panel of Brazil's Supreme Court has upheld a justice's previous ruling to suspend U.S. video-sharing platform Rumble in the country for not complying with court orders, citing the need for greater accountability and transparency from online platforms. The decision aims to protect Brazilian users from hate speech and false information on the platform. However, the move has raised concerns about censorship and freedom of expression.

ServiceNow to Grow in Florida, Will Keep HQ in California

ServiceNow Inc is planning a major expansion in West Palm Beach and has explored relocating its headquarters there from Silicon Valley, boosting the South Florida city's status as a nexus of money and power. The company plans to move hundreds of people at first, hiring thousands in the long term, and establish a significant presence in Palm Beach County. This move is expected to create thousands of jobs in the city and cement West Palm Beach's reputation as a hub for technology and innovation.

Meghan's New Netflix Show Renewed for Second Series

The Duchess of Sussex has confirmed that her Netflix show, With Love, Meghan, will return for a second season following its initial launch, despite mixed reviews from critics. The series features Meghan sharing lifestyle tips in a picturesque California setting and includes a range of celebrity guests, showcasing her culinary and hosting skills. The announcement comes as Meghan also introduces her new brand, As Ever, which aims to complement the themes presented in her show.

Canada Suspends Imports From Biggest US Pork Processing Plant

The suspension of Smithfield Foods' hog slaughterhouse by Canada marks the latest blow to America's farm sector, which is struggling due to concerns over U.S. tariffs sparking retaliation and reducing demand for American agricultural products. The decision follows a heated dispute between Washington and Ottawa over trade tariffs, highlighting the growing tensions in global agriculture. Canada's action will limit a market for U.S. pork products and create uncertainty for farmers and meatpackers.

Discord Discusses IPO Plans Amid Growing User Base

Discord is reportedly engaging in early-stage discussions with investment bankers regarding a potential initial public offering (IPO), reflecting its significant growth with over 200 million monthly users. Although the talks are still exploratory and subject to change, this marks a renewed interest in going public after previously rejecting a $10 billion acquisition offer from Microsoft in 2021. The company, valued at $14.7 billion during a 2021 funding round, has become a central hub for various communities, including gaming, crypto, and AI.

Threads Rival to Twitter: Meta's Text-Based Social Platform All Your Questions Answered

Threads is Meta's text-based Twitter rival connected to your Instagram account. The platform has gained significant traction, with over 275 million monthly active users, and offers a unique experience by leveraging your existing Instagram network. Threads has a more limited feature set compared to Twitter, but its focus on simplicity and ease of use may appeal to users looking for an alternative.

Gold Heads for Weekly Gain on Safe-Haven Demand, Slow US Job Growth

Gold prices are on track for a weekly gain driven by safe-haven demand amid a disappointing U.S. jobs report that indicates slower job growth than anticipated. The report revealed a rise of 151,000 jobs in February, falling short of the expected 160,000, which coupled with a weaker dollar, has bolstered gold's appeal as a safe investment. Despite a slight decline in prices on Friday, the overall market sentiment remains supportive of gold, with expectations of potential Federal Reserve interest rate cuts later this year.

Threads Tests Adding 'Interests' On Profiles to Connect Users with Topical Discussions

Meta's Threads has begun testing a new feature that would allow people to add their interests to their profile on the social network. Instead of only advertising to profile visitors, the new interests feature will also direct users to active conversations about the topic. The company thinks this will help users more easily find discussions to join across its platform, a rival to X, even if they don’t know which people to follow across a given topic.

Mortgage Rates Fall Again With Largest Weekly Decline Since Mid-September

Mortgage rates fell for a seventh consecutive week to the lowest level since December, according to mortgage buyer Freddie Mac, as the average rate on the 30-year fixed mortgage decreased to 6.63% from last week's reading of 6.76%, increasing prospective homebuyers' purchasing power and providing existing homeowners with an opportunity to refinance. The decline in rates is also expected to boost the housing market, which has been facing challenges due to rising interest rates in recent months. The current rate decrease may lead to increased demand for homes, potentially offsetting some of the negative impacts of higher mortgage rates.

Tesla's 4680 Battery Design Falls Short Against BYD Blade in Thermal Efficiency

The slow charging curve of Tesla's Cybertruck can be attributed to the thermal inefficiency of its 4680 battery design, which has been exposed by a recent teardown comparison with the more efficient BYD Blade battery cell. According to a study led by Jonas Gorsch, a researcher at RWTH Aachen University, the prismatic BYD cell has twice the thermal efficiency of Tesla's 4680 battery when charging current is applied. This inefficiency could be due to increased charge transfer resistance in and at the surface of the anode, leading to higher heat generation during fast charging.

Farmers Face Soaring Fertilizer Prices Amid Trump Trade War

Canadian and US farmers are bracing for another economic blow: even bigger fertilizer bills amid a North American trade war, as tariffs on Canadian products have increased potash prices nearly 20% this year ahead of US duties. The price of potash has risen from $303 per short ton to $348 on February 28, with phosphate prices also surging since hurricanes hit the Florida mines and facilities that make the product. Fertilizer companies are rushing to meet demand, but analysts predict higher costs for farmers, who already face low grain prices.

Trump 'Strongly Considering' Large-Scale Sanctions and Tariffs on Russia

US President Donald Trump has indicated a significant shift in his stance towards Russia, expressing that he is "strongly considering large-scale sanctions" and tariffs until a ceasefire and peace agreement with Ukraine is achieved. This change comes amid ongoing Russian attacks on Ukraine and follows Trump's previous supportive rhetoric towards Russian President Vladimir Putin, highlighting the complexities of US foreign policy in the region. The potential sanctions and tariffs may be an attempt to balance pressure on both Russia and Ukraine, though the effectiveness of such measures remains uncertain given the existing sanctions already imposed on Moscow.

US Labor Market Runs Into Trump’s Reality

The US Federal Reserve may soon be forced to confront the consequences of its role in exacerbating economic uncertainty under the Trump administration. The latest jobs report, which showed a 50th consecutive month of net gains, could be the last of its kind for a while due to unwelcome unpredictability from the Trump administration. The future for the US economy doesn't look nearly as bright as the recent past.

Mibro Unveils GS Pro 2 Smartwatch as Possible Garmin Alternative

The Mibro GS Pro 2 smartwatch offers GPS navigation, Bluetooth calling, and a Triathlon mode, making it a competitor to Garmin's Forerunner 965. The new model builds on the original GS Pro smartwatch, featuring a rotating crown and 'Sport' button, with expected retail prices starting under $100. The watch is designed for triathletes and fitness enthusiasts, but its accuracy of measurements remains uncertain.

Google Backs Away From Underrepresented Language in Grant Website

Just weeks after Google said it would review its diversity, equity, and inclusion programs, the company has made significant changes to its grant website, removing language that described specific support for underrepresented founders. The site now uses more general language to describe its funding initiatives, omitting phrases like "underrepresented" and "minority." This shift in language comes as the tech giant faces increased scrutiny and pressure from politicians and investors to reevaluate its diversity and inclusion efforts.

Choosing the Right TV Antenna for Your Needs

A great TV antenna lets you watch broadcast television for free and in better resolution than you'll get any other way, including streaming services. TV antennas aren’t just for cord-cutters looking to cut back on the cost of TV entertainment, but a good TV antenna will bring in anywhere from 20 to more than 100 channels, depending on where you live. The stations are free, don’t require a broadband connection (with the exception of some ATSC 3.0 channels using encryption), and boast higher resolution and picture quality than cable or streaming options.

Google Debuts Gemini-Based Text Embedding Model

Google has added a new, experimental 'embedding' model for text, Gemini Embedding, to its Gemini developer API. Embedding models translate text inputs like words and phrases into numerical representations, known as embeddings, that capture the semantic meaning of the text. This innovation could lead to improved performance across diverse domains, including finance, science, legal, search, and more.

Porsche SE Expects $21.7 Billion Loss After Tax on Volkswagen Stake Impairment

Porsche SE, the largest shareholder of Volkswagen, anticipates a 2024 after-tax loss of approximately 20 billion euros ($21.7 billion) due to impairments on its stakes in both Volkswagen and Porsche AG. These impairments, which were originally disclosed in December, highlight significant declines in the market values of both companies amid ongoing labor disputes and strategic uncertainties. Porsche SE plans to release its full annual results on March 26, amidst expectations of a dividend for the past year despite the financial setbacks.

Lenovo's RTX Laptop with a Core I9 and 32GB RAM Is only $1,200 Today

This Lenovo Legion 5i gaming laptop for $1,200 at B&H offers a top-end Intel Core i9-14900HX processor, 32GB of DDR5 RAM, and an Nvidia GeForce RTX 4060 graphics card, making it a fantastic configuration for work, streaming, and gaming. The laptop's 16-inch IPS display with 2560×1600 resolution and 240Hz refresh rate provide a great viewing experience. With its impressive specifications and Editors' Choice award, this deal is a significant bargain.

Trump Says He Sent Letter to Iran Leader to Negotiate Nuclear Deal

Trump says nuclear talks would be 'a lot better for Iran'.Says situation can be addressed by a deal, or militarilyUS leader says he is not looking to hurt IranWestern officials fear a nuclear-armed Iran could threaten Israel, Gulf Arab oil producers, and spark a regional arms race.

Hedge Funds Give Up Half of 2025 Gains in 'Challenging' Markets, Says Goldman Sachs

Hedge fund stock pickers and multi-strategy funds experienced a significant setback, relinquishing approximately half of their average yearly gains amid a tech-driven equity selloff, as noted by Goldman Sachs. The downturn was particularly severe in sectors where hedge funds had concentrated long positions, such as technology and media, resulting in an average return of just 1% for stock pickers so far this year. This performance marks one of the most challenging periods for hedge funds, with many strategies failing to offset losses as anticipated.

Redmi Turbo 4 Pro Tipped for Upcoming 2025 Launch

The Redmi Turbo 4 Pro is expected to make its mark in the mid-range Android smartphone market with its high-performance upgrades, battery size being a notable improvement. The device is rumored to be powered by the Snapdragon 8s Elite processor and boasts a large 6.8-inch display, posing a significant challenge to existing devices like the Realme Neo 7. The upcoming launch is also expected to coincide with other Redmi devices, including the K80 Ultra and K90-series successors.

Rio Tinto Scraps Plans to Raise Up to $5 Billion in Share Sale

Rio Tinto Group has scrapped plans to raise as much as $5 billion in a share sale following pushback from investors, people with knowledge of the matter said. The decision comes after the company had floated the possibility of an equity offering in recent investor meetings, citing a need to rebalance its share register between UK and Australian investors. This move suggests that Rio Tinto is prioritizing internal financing over external capital raises.

Dymo LabelManager Executive 640 CB Officially Launches

The Dymo LabelManager Executive 640 CB is suitable for use in an office or lab, printing highly durable labels that can handle extreme temperatures. The machine has a color display, a QWERTY keyboard and Bluetooth connectivity, with further tools offered via an accompanying app. The device is designed for use in a lab, medical facility or office, printing durable labels that can withstand cryogenic storage.

AMD Confirms Ryzen 9 9950X3D and Ryzen 9 9900X3D Price and Release Date

AMD has finally revealed when you can buy its high-end Zen 5 X3D desktop CPUs. The Ryzen 9 9900X3D and Ryzen 9 9950X3D launch globally on March 12. AMD has confirmed the prices for these high-performance processors, with the Ryzen 9 9950X3D retailing at $699 and the Ryzen 9 9900X3D priced at $599.

Elon Musk's AI Company xAI Acquires 1 Million-Square-Foot Property in Memphis

xAI, Elon Musk’s AI company, has acquired a 1 million-square-foot property in Southwest Memphis to expand its AI data center footprint, according to a press release from the Memphis Chamber of Commerce. The new land will host infrastructure to complement xAI’s existing Memphis data center. "xAI’s acquisition of this property ensures we’ll remain at the forefront of AI innovation, right here in Memphis," xAI senior site manager Brent Mayo said in a statement.

Death Stranding 2 Release Date Reveal Expected Soon as Pre-Order Details Leak

Death Stranding 2: On the Beach is generating significant excitement among gamers, with insider billbil-kun suggesting that a release date announcement could be imminent alongside pre-order details. The sequel is anticipated to retain the unique storyline and gameplay mechanics of its predecessor while introducing new features, including asynchronous multiplayer elements. As fans eagerly await confirmation, the pricing for the Standard and Collector's Editions has also been leaked, sparking further interest in the upcoming title.

Battlefield Playtest Footage Leaks Online, Revealing Major Changes

The leaked Battlefield Labs playtest footage has left fans excited about the potential return to classic gameplay mechanics. The new destruction system and map design have been praised for their improvement over previous titles. Electronic Arts (EA) is likely to crack down on the leaker, but the damage may already be done as the footage has spread widely online.

AI Bots Can Now Play Mafia with Each Other, and Almost All of Them Are Terrible at It

The AI Language Learning Models (LLMs) playing Mafia with each other have been entertaining, if not particularly skilled. Despite their limitations, the models' social interactions and mistakes offer a glimpse into their capabilities and shortcomings. The current LLMs struggle to understand roles, make alliances, and even deceive one another. However, some models, like Claude 3.7 Sonnet, stand out as exceptional performers in the game.

DVDs From 2006–2008 Are Rotting Away in Their Cases

Some affected discs aren’t manufactured anymore and can’t be replaced, while others continue to deteriorate over time. The issues with DVD longevity have significant implications for film collectors who value the physical media experience. Digital media has surpassed physical media in popularity, yet owners of DVDs still face concerns about disc rot and playback failures.

AMD: RX 9070 and RX 9070 XT MSRPs Are Real, but Some Cards Will Be Priced at a Premium

AMD's Radeon RX 9070-series graphics cards are available at the recommended retail prices of $549 and $599; however, many models are being sold at significantly higher prices, leading to dissatisfaction among consumers. The company asserts that the MSRP reflects the default specifications and that they expect cards to be available at those prices from various vendors, despite the existence of premium configurations offered by add-in board partners. This situation highlights the complexities of pricing in the graphics card market, where manufacturing costs and market demand can lead to significant price variances.

AI-Powered 'More Personalized Siri' Is Delayed

Apple has postponed the launch of its anticipated "more personalized Siri" features, originally announced at last year's Worldwide Developers Conference, acknowledging that development will take longer than expected. The update aims to enhance Siri's functionality by incorporating personal context, enabling it to understand user relationships and routines better, but critics argue that Apple is lagging in the AI race, making Siri seem less capable compared to competitors like ChatGPT. Users have expressed frustrations with Siri's inaccuracies, prompting discussions about potentially replacing the assistant with more advanced alternatives.

Startups Weekly: Startups Raised Funding to Help Others Navigate Challenges

This week in the startup world saw a mix of triumphs and trials, with some companies achieving significant revenue milestones while others faced legal challenges. Notable highlights include fintech startup Ramp doubling its annualized revenue to $700 million and Gong surpassing $300 million in annualized revenue, positioning itself for a potential IPO. Meanwhile, emerging companies like Ataraxis AI and Grain are addressing critical issues such as cancer treatment predictions and foreign exchange volatility with new funding rounds.

Trump’s ‘Strategic Bitcoin Reserve’ Plan Comes With a Twist

The US government is set to establish two national cryptocurrency reserves, one composed entirely of bitcoin and the other featuring various other crypto coins, in an effort to bolster its digital asset holdings. The strategic bitcoin reserve will be populated with coins seized by US government agencies during law enforcement operations, while the national digital asset stockpile will hold a broader range of cryptocurrencies. This move aims to provide the US with a secure and diversified digital asset portfolio, potentially enhancing its financial flexibility.

Physical Game Media Might Perish because of the 25% Tariffs on Imported Discs

The proposed 25% tariff on imported disc games could lead to a shift towards all-digital strategy in the gaming industry, with potential price increases for physical copies. Digital distribution is becoming increasingly popular, and recent changes have already led to more affordable pricing for AAA titles. The ongoing uncertainty surrounding the tariffs' fate means that the market's response will be closely watched.

S.Africa's Rand Firmer vs Dollar, Stock Futures Firm

The South African rand has strengthened against the US dollar on Monday, with dealers predicting further gains in holiday-thinned trade. The currency is benefiting from a weak US dollar, which is likely to continue trending downwards due to concerns over inflation and interest rates. Investors are becoming increasingly optimistic about the rand's prospects as the country prepares for elections later this year.

Bad Vibes? Google May Have Screwed Up Haptics in the New Pixel Drop Update

Google's latest Pixel Drop update has sparked complaints regarding changes to haptic feedback, with users reporting a noticeable difference in notification responses. The introduction of a Notification Cooldown feature, which is enabled by default, may be contributing to user dissatisfaction, though it's unclear if this is an intended change or a bug. Testing on various Pixel models suggests inconsistencies in haptic feedback, leading the Pixel team to actively investigate these reports.

US Job Growth Stable as Government Cuts Start

The US economy added 151,000 jobs in February, but federal employment dropped by 10,000, showing that President Trump's policy changes are starting to impact hiring. The labor market remains strong, with the unemployment rate ticking up to 4.1%, but analysts warn that the growth may be cooling down due to economic uncertainty. The government's reduction of jobs and spending is being offset by gains in other sectors, such as healthcare and financial firms.

AMD Unveils Ryzen 9900X3D and 9950X3D CPUs with Enhanced Cache

The new Ryzen 9900X3D and 9950X3D CPUs from AMD combine the benefits of a higher cache size with those of standard CPU cores, promising improved performance for specific workloads. These X3D chips utilize a unique design that stacks extra cache under one of two CPU chiplets, allowing for more efficient handling of demanding applications. By leveraging this technology, AMD aims to enhance its competitiveness in the high-performance computing market.

Apple's Voice-Activated Fails with Scottish Accent

Apple's voice-to-text service has failed to accurately transcribe a voicemail message left by a garage worker, mistakenly inserting a reference to sex and an apparent insult into the message. The incident highlights the challenges faced by speech-to-text engines in dealing with difficult accents, background noise, and prepared scripts. The Apple AI system may have struggled due to the caller's Scottish accent and poor audio quality.

The UK Government Proposes Changes to Immigration System

The UK government has proposed significant changes to its immigration system, including the removal of a "skinny visa" that allowed individuals with a bachelor's degree from outside the EU to work in the UK on a short-term basis. The new proposals also aim to introduce a "points-based" system for skilled workers, which would require them to meet specific criteria such as language proficiency and relevant work experience. However, critics argue that these changes could exacerbate existing labour shortages and negatively impact British businesses.

GPU Shortage Reaches New Heights: Scalpers Cash In at Skyrocketing Prices

The latest RDNA 4 GPUs from AMD are experiencing unprecedented demand, with scalpers capitalizing on the shortage by selling them at inflated prices. Despite having an ample supply of stock at launch, retailers are now struggling to meet the high demand for mid-range GPUs. The situation highlights the ongoing challenges in the global supply chain, particularly in the tech industry.

Google Researchers Release Kit to Exploit Microcode Vulnerability in AMD CPUs

A team of Google researchers has identified a significant exploit, named "EntrySign," affecting AMD's Zen 1 through Zen 4 processors, which allows users with local admin privileges to push custom microcode updates. This vulnerability, while requiring high-level access to exploit, poses serious implications for security, as it enables users to manipulate CPU behavior and potentially weaken system protections. AMD has issued a BIOS patch to address the issue, but many CPUs remain vulnerable until updated, highlighting the ongoing challenges of CPU security management.

Reforming Digital Age of Consent to Protect Children Online

The proposed bill has been watered down, with key provisions removed or altered to gain government support. The revised legislation now focuses on providing guidance for parents and the education secretary to research the impact of social media on children. The bill's lead author, Labour MP Josh MacAlister, says the changes are necessary to make progress on the issue at every possible opportunity.