Here is the daily technology #threadcast for 1/17/25. The goal is to make this a technology "reddit".
Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.
Here is the daily technology #threadcast for 1/17/25. The goal is to make this a technology "reddit".
Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.
Honest Review of the Steam Deck
The Steam Deck is a portable PC that runs a custom-made version of Linux, allowing users to play Steam games on the go. In this review, the author shares their experience with the Steam Deck, highlighting its pros and cons, and providing tips for potential buyers.
Introduction to the Steam Deck
Technical Issues and Solutions
Favorite Features
Performance and Value
Recommendations
Nintendo Switch 2 Official Announcement and Leaks
The Nintendo Switch 2 has been officially announced, and the first look trailer reveals a console that is similar to the original Switch but with several upgrades, including a larger screen, more powerful hardware, and new features such as magnetic joycon attachments.
Summarized by Llama 3.3 70B Instruct Model
Console Design and Features
Leaks and Rumors
Release and Accessories
Specs and Performance
what is Nintendo Switch?
Nintendo Switch is a Gaming Console/Handheld hybrid device developed by Nintendo. Think of it like a smaller PlayStation or XBOX. It plays a lot of video games. They just announced Nintendo Switch 2.
How about @llamathreads give you a more comprehensive answer?
Nintendo Switch Overview
The Nintendo Switch is a versatile gaming console that can be used both at home and on the go. It was released in 2017 and has been a huge success. According to Nintendo's official website, the Switch has sold over 122 million units worldwide.
Key Features
Now i understand
thanks for elaborating
Nintendo Switch 2: 30 Details From the Trailer
The Nintendo Switch 2 has been announced, featuring an understated design with several fascinating details, including a new space button and improved joy-con functionality.
Summarized by Llama 3.3 70B Instruct Model
Design and Hardware
Joy-Con Features
Main Console Unit
Accessories and Backwards Compatibility
Release and Availability
Uncovering the Value of the Thinkpad T430
The Thinkpad T430, a 10-year-old laptop, offers surprising value for its price, with a sturdy build and decent performance for basic tasks, making it a viable option for those on a tight budget.
Summarized by Llama 3.3 70B Instruct Model
First Impressions and Build Quality
Ports and Connectivity
Performance and Usage
Upgradability and Modding
Conclusion
where do you see Real Estate in the future
It will end up being tokenized and fractionalized.
You think?
A Balanced Review of the Samsung Galaxy Tab S10+
The Samsung Galaxy Tab S10+ offers impressive performance, a beautiful display, and a portable design, making it a great option for media consumption and entertainment, but its limitations in app compatibility and file compatibility hold it back from replacing a laptop.
Summarized by Llama 3.3 70B Instruct Model
Design and Display
Accessories and Connectivity
Performance and Gaming
Productivity and Creativity
Conclusion
A Timeless Gaming Handheld
The Nintendo DSi XL is considered one of the best gaming handhelds of all time, with its large screens, durable build quality, and excellent game library, making it a great option for those who want to relive their childhood or dive into the DS games.
Summarized by Llama 3.3 70B Instruct Model
Introduction to Handheld Gaming
Nintendo DS Models
Comparison to Other Devices
Custom Firmware and Modding
Game Library
Caveats
Steam Deck OLED Review
The Steam Deck OLED offers a great gaming experience with its powerful hardware and beautiful 7.4-inch OLED screen, allowing players to enjoy a wide range of games on the go.
Initial Impressions
🎮 The Steam Deck OLED has been used for two weeks, and the experience has been enjoyable, with the ability to play almost any game except for EA Games and Epic Games.
📆 The device was received as a birthday gift, and the user has been playing games like GTA 4, which was purchased on Steam for $6.
👍 The user loves the Steam Deck OLED, comparing it to a PlayStation Portable in 2024, with the ability to play PC games smoothly.
Gaming Experience
🔋 The Steam Deck OLED has great battery life, with the last charge being two days ago, and the device can play games without an internet connection.
👀 The user is currently playing GTA 5 in a park without WiFi, and the game runs smoothly.
🎧 The speaker is great, and the device feels good in the hands, with a lightweight plastic build.
Device Features
📺 The 7.4-inch OLED screen is beautiful, and the device has a maxed audio output.
📊 The user has 268 GB of free storage out of 463 GB, and the device has a working memory card slot.
📈 The user can customize the keyboard, chat with friends, and download games from the Steam store.
Conclusion
👍 After two weeks of use, the Steam Deck OLED is holding up well, with no scratches or issues, and the user is considering getting a case and tempered glass for protection.
A Surprising Switch 2 Reveal
The Nintendo Switch 2 has been officially revealed, and it's a significant upgrade to the original Switch, with a new design, improved hardware, and exciting features like potential mouse support.
Summarized by Llama 3.3 70B Instruct Model
Initial Reactions and Speculations
Design and Features
Upcoming Events and Reveals
Additional Details and Speculations
A New Era for XR Glasses
The speaker discusses their experience with XR glasses, having owned three pairs, and how the latest pair, the XRO, has addressed previous issues, making them a worthwhile investment for immersive gaming and productivity.
Summarized by Llama 3.3 70B Instruct Model
Introduction to XR Glasses
XRO XR Glasses
Features and Benefits
Conclusion and Recommendation
Initial Reaction to Nintendo Switch 2 Reveal
The video's creator reacts to the surprise announcement of the Nintendo Switch 2 at 5:00 AM Pacific time, expressing initial shock and excitement.
Summarized by Llama 3.3 70B Instruct Model
Introduction to the Nintendo Switch 2
First Impressions of the Nintendo Switch 2
Features and Compatibility
Post-Reveal Thoughts
Nintendo Switch 2: A New Era
The Nintendo Switch 2 has been officially revealed, and while the announcement was exciting, it was also somewhat underwhelming due to the numerous leaks and rumors that had already surfaced. The new console features a bigger screen, electromagnetic connections for the joy-cons, and a more subtle design.
Summarized by Llama 3.3 70B Instruct Model
Nintendo Switch 2 Features
Speculation and Rumors
Industry Insights and Concerns
A New Chapter in Nintendo's History
Nintendo has created a museum in Kyoto, Japan, which is described as the most "un-Nintendo-like" thing the company has ever done, according to Shigeru Miyamoto.
Summarized by Llama 3.3 70B Instruct Model
Introduction to the Nintendo Museum
Nintendo's Philosophy and Approach
The Museum's Purpose and Future Plans
Miyamoto's Favorite Exhibit
Nintendo Switch 2 Reveal Analysis
The Nintendo Switch 2 has been officially announced, and its design matches previous leaks, featuring a bigger size, new finish, and dual USBC ports.
Summarized by Llama 3.3 70B Instruct Model
Design and Features
📈 The Switch 2 has a rougher finish compared to the original Switch's smooth finish.
🔌 It includes USBC ports on the top and bottom, making it easier to charge and use peripherals.
🖥️ The kickstand appears flimsy, and the buttons are bigger, which is a welcome change.
🔍 An extra button on the joycon has been added, but its purpose is unknown, sparking speculation about its function.
💻 The joycon may have mouse-like functionality, with optical sensors that could allow for mouse-like movement.
Gaming and Compatibility
🎮 The Switch 2 will be backwards compatible with original Switch games, although some games may not be fully supported.
🚀 A brief glimpse of Mario Kart 9 was shown, featuring a possible 24-player mode and a new Donkey Kong design.
🤔 The Switch 2's specs and capabilities are still unknown, but rumors suggest it may have 12GB of RAM and 256GB of storage.
Release and Events
📅 A Nintendo Direct for the Switch 2 is scheduled for April 2nd, and events will be held in various locations, including New York, from April 4th to 6th.
📆 Registration for the events will open on January 17th, and attendees will need a Nintendo account.
📊 The Switch 2 is expected to launch in 2025, with some speculating it may be released in March or late April.
Speculation and Comparison
💭 The Switch 2's power and capabilities are being compared to the PlayStation 4 Pro, but this comparison is deemed inaccurate due to technological advancements.
📊 The Switch 2's potential for 4K gaming is uncertain, with some rumors suggesting it may use AI upscaling to achieve higher resolutions.
👀 The Switch 2's design and features are being compared to other handheld consoles, such as the Steam Deck, but its mainstream appeal is expected to set it apart.
Hello, a bit late but here! ⏰
Welcome to #technology
Nintendo Switch 2 Announcement Reaction
The narrator shares their excitement about the Nintendo Switch 2 announcement, having waited for a more powerful Switch with backwards compatibility.
Summarized by Llama 3.3 70B Instruct Model
Introduction to the Announcement
Reaction to the Announcement
Key Features of the Switch 2
Conclusion and Final Thoughts
Nintendo Switch 2 Reveal Analysis
The Nintendo Switch 2 trailer has been released, revealing the new console's design and features, including a larger kickstand, bigger Joy-Con, and a magnetic system.
Summarized by Llama 3.3 70B Instruct Model
Initial Reactions
Console Design and Features
Games and Compatibility
Release Date and Events
Final Thoughts
Linux Gaming News Update
The latest Linux gaming news includes updates on SteamOS, the Steam Deck, and Nintendo's Switch 2, as well as new features and fixes for Discord and other gaming platforms.
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New Updates and Features
Nintendo Switch 2 and Steam Deck
SteamOS and Valve
!summarize #technology #ai
!summarize #technology #ai
Prepare yourself HIVE!!
Today you'll be filled with Nintendo Switch 2 Video Summaries!!! @llamathreads
Exciting News!
llamathreads, bring it on!@ahmadmanga, thanks for the heads up! Nintendo Switch 2 rumors are buzzing. According to @Nintendo, the new Switch might feature improved graphics and performance. Can't wait to see the video summaries!Always a good idea to do that once in a while.
Exciting Gaming News: Final Fantasy 7 Rebirth and Nintendo Switch 2
The latest gaming news brings exciting updates on Final Fantasy 7 Rebirth and the Nintendo Switch 2, including a new trailer and details on compatibility and pricing.
Summarized by Llama 3.3 70B Instruct Model
Nintendo Switch 2 Details
📺 The Nintendo Switch 2 trailer reveals a new design with two USBC ports and a improved kickstand.
🎮 The console will play both physical and digital Nintendo Switch games, with some exceptions.
📆 A big reveal event is scheduled for April 2nd, where more details on games and pricing will be announced.
💸 The price is expected to be between $400 and $500, which could position the console for success.
📈 The Switch 2 will have backwards compatibility, although some games may not be supported.
Final Fantasy 7 Rebirth News
🎮 Final Fantasy 7 Rebirth is coming to PC and will be deck-verified, allowing play on the Steam Deck.
📹 A new trailer shows off the game's graphical presets, including Ultra, which offers 4K 60fps gameplay.
🔍 The PC version will have improved image quality compared to the PS5 version.
👍 The game can be purchased on PC for $55, with a discount available through Instant Gaming.
Nintendo Switch 2 Reveal
The Nintendo Switch 2 has been officially revealed, and the trailer showcases its new design and features, including a bigger screen, improved internals, and a new Mario Kart game at launch.
Summarized by Llama 3.3 70B Instruct Model
Initial Reaction and Trailer Breakdown
Console Design and Features
Launch and Games
Compatibility and Other Topics
Siingle Paragraphs
!summarize #redfin #zillow #realestate #layoffs
Hi, @taskmaster4450le,
This post has been voted on by @darkcloaks because you are an active member of the Darkcloaks gaming community.
Get started with Darkcloaks today, and follow us on Inleo for the latest updates.
!summarize #joebiden #farewell #president
Hi, @taskmaster4450le,
This post has been voted on by @darkcloaks because you are an active member of the Darkcloaks gaming community.
Get started with Darkcloaks today, and follow us on Inleo for the latest updates.
TSMC makes the most advanced chips in the world, and has pledged to invest $65 billion in the greater Phoenix area. The chipmaker initially held discussions with the city of Phoenix in 2016, when it was looking to grow its advanced chip manufacturing beyond Taiwan. In order to secure the bid, the Greater Phoenix Economic Council spent three years conceptualizing a science and technology park to meet the needs of the company. The project, once complete, expects to bring in about 62,000 jobs surrounding and including TSMC.
"They're basically duplicating the science park concept that was pioneered in Taiwan," said Rick Cassidy, chairman of TSMC Arizona. "It solves lots of problems for our smaller suppliers. They can actually rent space and just plug in."
!summarize #nymets #petealonso #freeagency #mlb
Self-driving cars are another hallmark of the city's tech scene. Uber, Cruise and Alphabet's Waymo have all tested autonomous vehicles in the city. The infrastructure in Phoenix, with its gridded streets and consistent weather, made it an "optimal" place to roll these out, according to Bain's Hoecker.
Arizona's policy has been welcoming to self-driving technology. Former Arizona Governor Doug Ducey enacted several executive orders to reduce barriers for autonomous testing. Waymo began testing in Phoenix in 2017 and is the biggest player in the market. The company's robotaxi service now operates across 315 square miles in the city.
!summarize #china #german #auto #factories #industry
Drones have been another technology putting the city on the map. In November, Amazon received regulatory approval to launch its Prime Air drone program in Tolleson, a suburb in west Phoenix. The plan is to scale the program to 500 million deliveries per year, according to Amazon. The company says thousands of packages have been delivered so far.
"It's about scaling around the U.S. and around the world, said David Carbon, vice president and general manager of Amazon Prime Air, adding that more is coming in 2025. "This is just the beginning."
!summarize #petealonso #nymets #mlb
Under Zhao's leadership, Honor has aggressively launched smartphones with a focus on international markets. Zhao focused on high-end devices, including foldable smartphones, as he looked for Honor to look beyond China and challenge the likes of Samsung and Apple.
Honor's market share in China has risen from 9.8% in 2020 to over 15% in 2024, according to Counterpoint Research. Outside of China, Honor's market share hit 2.3% in 2024, compared to under 1% in 2020.
The company has looked to keep pace with rivals by launching artificial intelligence features on its device.
!summarize #china #economic #miracle
Neil Shah, partner at Counterpoint Research, said the company's focus on high-end devices and technology is likely to continue under the new leadership.
"Honor's focus on premiumization should continue if the brand wants to continue building its brand equity and differentiation point vs existing competitors, especially in premium markets such as Europe," Shah told CNBC.
"The focus on innovative foldable designs and advanced AI features and close partnerships with leading component suppliers would be key."
!summarize #washingtonpost #jeffbezos #media
Zhao's successor Li will be tasked with trying to expand Honor's presence overseas amid fierce competition, with a focus on making the brand more recognizable.
"Many don't know Honor" outside of China, Counterpoint's Shah said. "Building brand equity is tough and the company needs more time, money and differentiation points."
!summarize #woke #stevepirce #australia #culture
"We're really trying to build this compliance program, but it's so complex. I think that's the challenge. We saw this too with GDPR and other broad legislation that is subject to interpretation — what does it actually mean to comply? It means different things to different people," he said.
This lack of a common understanding of what qualifies as robust compliance with DORA has in turn led many institutions to ramp up security standards to the level that they're actually surpassing the "baseline" of what's expected of most firms, Jang added.
!summarize #bigtech #economy #elites #wef
Under DORA, financial firms will be required to undertake rigorous IT risk and incident management, classification and reporting, operational resilience testing, intelligence sharing on cyber threats and vulnerabilities, and measures to manage third-party risks.
Firms will be also be required to conduct assessments of "concentration risk" related to the outsourcing of critical or important operational functions to external companies.
A Censuswide survey of 200 U.K. chief information security officers commissioned by Orange Cyberdefense, the cybersecurity division of French telecoms firm Orange, showed that 43% of financial institutions in Britain aren't yet in full compliance with DORA.
!summarize #petealonso #mlb #nymets
That's a concern because, even though the U.K. falls outside the European Union now, DORA applies to all financial entities operating within EU jurisdictions — even if they're based outside the bloc.
"Whilst it is clear that DORA has no legal reach in the U.K., entities based here and operating or providing services to entities in the EU will be subject to the regulation," Richard Lindsay, principal advisory consultant at Orange Cyberdefense, told CNBC.
He added that the main challenge for many financial institutions when it comes to achieving DORA compliance has been managing their critical third-party IT providers.
"Financial institutions operate within a multi-layered and hugely complex digital ecosystem," Lindsay said. "Tracking and ensuring that all parts of this system evidentially comply with the relevant elements of DORA will require a new mindset, solutions and resources."
Banks are also adding higher levels of scrutiny in their contract negotiations with tech suppliers due to DORA's strict requirements, Jang said.
The Cisco chief privacy officer told CNBC that he thinks there is alignment when it comes to the principles and the spirit of the law. However, he added, "any legislation is a product of compromise and so, as they get more prescriptive, then it becomes challenging."
!summarize #china #market #crash #economy #protests
"The principles we agree with, but any legislation is a product of compromise, and so as as they get more prescriptive, then it becomes challenging."
Still, despite the challenges, the broad expectation among experts is that it won't be long until banks and other financial institutions achieve compliance.
"Banks in Europe already comply with significant regulations which cover the majority of the areas that fall under DORA," Fabio Colombo, EMEA financial services security lead at Accenture, told CNBC.
!summarize #media #lafd #losangeles #dei
!summarize #china #developers #realestate #economy #land
!summarize #anduril #ohio #plant #unitedstates
IT providers can also be fined under DORA. The rules threaten levies of as much as 1% of average daily worldwide revenue for up to six months.
"These sanctions are necessary," Brian Fox, chief technology officer of software supply chain management firm Sonatype, told CNBC. "They are a powerful motivator, pushing leaders to take compliance and operational resilience more seriously than ever."
Orange Cyberdefense's Lindsay said there's a risk longer term that financial services firms end up moving their critical security functions and services in-house.
!summarize #jordanpeterson #canada #justintrudeau
!summarize #trump #cabinet #senate #hearings
"Advances in technology may allow financial institutions to move services back in-house, simplifying this aspect and reducing the risk of non-compliance," he said.
"Either way, existing contracts will need to be updated to ensure compliance is contractually mandated and monitored between entity and provider," Lindsay added.
Meanwhile, there are several other cybersecurity-focused regulations that organizations will have to come to terms, such as the Network and Information Security Directive 2, or NIS 2, and the Cyber Resilient Act. The former entered into force in October.
"As with any new regulation, there will certainly be a transitionary period as organisations adjust to new requirements and standards," Sonatype's Fox told CNBC. "This is the start of a long journey toward improving software security and resilience."
US stock futures edged higher on Friday, with contracts on the three major indexes gaining approximately 0.4%, following a losing session on Thursday that ended a three-day winning streak for both the Dow Jones and the S&P 500. Investors continue to assess the Fed's potential to implement further rate cuts this year, supported by this week’s softer-than-expected core inflation, PPI, and retail sales data. Markets are also looking ahead to Monday's inauguration of President-elect Trump for potential clarity on forthcoming policy changes. Additionally, corporate updates are in focus: Truist Financial shares climbed over 2% in premarket trading after the company reported earnings and revenue that exceeded expectations. Meanwhile, Apple shares rose 0.9%, partially recovering from Thursday’s 4% drop following news that Apple had fallen to third place in smartphone sales in China last year. For the week, the S&P 500 is up 1.9%, the Dow has surged 2.9%, and the Nasdaq has gained 0.9% so far.
The Nikkei 225 Index fell 0.31% to close at 38,451, while the broader Topix Index lost 0.33% to 2,679 on Friday, hitting intraday levels which were their lowest in at least a month. The declines followed losses on Wall Street overnight, driven by a sell-off in megacap technology stocks. Investor focus also shifted to the upcoming Bank of Japan monetary policy decision, as Governor Kazuo Ueda indicated on Wednesday that the central bank would consider raising interest rates at its next meeting. In corporate news, Nintendo saw a sharp 4.3% drop after announcing the launch of its Switch 2 console later this year. Other notable losses included Disco Corp (-0.5%), Advantest (-0.4%), Mitsubishi UFJ (-1.2%), Toyota Motor (-1.7%), and SoftBank Group (-1.3%). For the week, the Nikkei and Topix indexes declined 1.9% and 1.3%, respectively, for their third consecutive weekly losses.
The FTSE 100 climbed about 0.9% on Friday, nearing record levels, fueled by optimism over potential interest-rate cuts from the Bank of England, as weak December retail sales strengthened the case for monetary easing to support the UK economy. Traders are now pricing in three rate cuts this year, up from one earlier this week. Miners played a significant role in driving the index higher, with Glencore shares rallying over 3%, reaching a one-month high after reports of past discussions about a potential merger with Rio Tinto. Although talks between the two mining giants reportedly ended late last year, the news boosted sentiment, with Rio Tinto shares also gaining in London. Additionally, oil majors Shell and BP supported the index amid rising crude prices.
The DAX advanced 0.6% on Friday, marking its fourth consecutive day of gains and setting fresh record highs. Risk-on sentiment dominated global markets amid ongoing robust corporate earnings and as cooling inflation in both sides of the Atlantic fueled expectations for continued rate cuts. Additionally, stronger-than-expected growth data from China contributed to the positive sentiment. Meanwhile, traders turned their focus to President-elect Donald Trump's inaugural speech on Monday. Among single stocks, top gainers included Siemens Energy, Fresenius and Henkel, rising between 1.8% and 2%, while Brenntag (-1.2%) and Santorius (-0.9%) posted the biggest losses. For the week, the DAX was poised for a nearly 3% gain.
The CAC 40 rose 0.8% to 7,696 on Friday, marking its fourth consecutive session of gains and reaching its highest level since September 2024. Positive sentiment prevailed in global markets, as softening inflation in Europe and the U.S. raised hopes for further rate cuts. Investors are now expecting a more accommodative stance from the ECB than from the Fed. Stellantis NV surged 3.8%, despite reporting a 9% year-on-year decline in Q4 2024 shipments. Other notable gainers included STMicroelectronics, Renault, Veolia Environnement, Sanofi, and Teleperformance, with shares rising between 1.6% and 3.3%. In contrast, luxury stocks LVMH and Hermès were the only laggards, falling 0.7% and 0.3%, respectively. Meanwhile, investors remained cautious ahead of Donald Trump’s upcoming inauguration as U.S. President on January 20, amid concerns over potential tariffs that could weigh on European economies. For the week, the CAC 40 is on track to secure its second consecutive week of robust gains.
The FTSE MIB rose by 0.6% in early trading on Friday, extending gains for a fourth consecutive day and hovering at its highest level since January 2008. Signs of cooling inflation in both Europe and the U.S. rekindled hopes for further rate cuts this year, with a more accommodative policy stance from the European Central Bank compared with the Federal Reserve. However, concerns linger around the incoming Donald Trump administration's potential tariffs and their impact on European economies. Among individual stocks, Stellantis was the standout performer, leading the market upturn with a 3.8% jump. Other notable gainers included STMicroelectronics (1.8%), Prysmian (1.7%), and Bper Banca (1.9%). The index is on track for its second consecutive weekly gain.
The main stock market index in Spain (ES35) increased 311 points or 2.68% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from Spain.
The S&P/ASX 200 Index shed 0.2% to close at 8,310 on Friday, giving back some gains from the previous session following a weak session on Wall Street overnight as megacap technology names came under pressure. Despite the decline, the benchmark index still posted a modest weekly gain, bolstered by a surprise slowdown in US core inflation, which fueled expectations of further Federal Reserve interest rate cuts this year. Domestically, traders are anticipating that the Reserve Bank of Australia will begin cutting rates as soon as next month, with an April rate reduction now fully priced in. Financial stocks led the retreat, with Commonwealth Bank (-1.2%), Westpac Banking (-1.5%), ANZ Group (-1.8%), and National Australia Bank (-1.7%) all posting losses. Energy stocks were also under pressure amid weaker oil prices, while mining shares saw a mixed performance.
The Shanghai Composite rose 0.18% to close at 3,242, while the Shenzhen Component gained 0.6% to 10,161 on Friday, with both benchmarks finishing the week higher in response to positive economic data. China’s economy grew 5.4% year-on-year in the fourth quarter of 2024, accelerating from a 4.6% expansion in the third quarter and surpassing expectations of 5%. Industrial production and retail sales also outperformed forecasts in December, while new home prices declined at a slower pace. Although the latest data offered no clear indication that Beijing will introduce further stimulus measures soon, state media reported that China’s central bank may cut the reserve requirement ratio for banks ahead of the Spring Festival later this month. Notable stock performers included ZTE Corp (+3.3%), Suzhou TFC Optical (+5.2%), Greatoo Intelligent (+10%), Hithink Royalflush (+2.5%), and Gigadevice Semiconductor (+5.1%).
The BSE Sensex finished about 0.6% lower at 76,619.3 on Friday, halting gains in the prior three sessions, mid concerns over slowing earnings and foreign fund outflows. Market sentiment was further dampened by uncertainty surrounding the incoming Trump administration and rising crude prices. IT stocks weighed heavily on the index, with Infosys dropping 5.8% as the worst performer after multiple brokerages raised concerns about the quality of its quarterly results, citing a higher proportion of third-party items in its deal pipeline. HCLTech also missed revenue expectations, while Axis Bank dropped nearly 5% after its earnings report, as brokerages revised their price targets downward, putting pressure on the banking sector. On the upside, Zomato (+2.8%) was the top gainer, followed by Reliance (+2.6%), after it topped Q3 profit estimates. For the week, India's stock market fell roughly 1%, notching the 2nd consecutive weekly decline.
The S&P/TSX Composite Index edged up 0.2% to close at 24,846 on Thursday, marking its third consecutive session of gains, buoyed by financial and tech stocks, which continued to benefit from dovish expectations for the US Federal Reserve. Notable contributors included RBC, Brookfield, Constellation Software, and CIBC, with gains ranging from 0.8% to 1.7%. However, energy stocks weighed on the index, as Canadian Natural, Suncor, and Cenovus fell between 1.3% and 2.2% amid declining oil prices. In contrast, Imperial Oil gained 1% to C$98.8, bolstered by Zacks Research’s upgraded FY2024 earnings forecast to $8.44 per share from $8.4 and analyst upgrades, including price target increases from JPMorgan Chase (C$100) and Royal Bank of Canada (C$101). Meanwhile, Canada Mortgage and Housing Corporation reported that housing starts plunged 13.35% month-over-month to 231,500 units in December, marking a three-month low and falling short of market expectations of 245,000 units.
The MOEX Russia Index rose to 2,875 in January, the highest level in five months, to hold the surge from December triggered by the Bank of Russia’s unexpected decision to not extend its interest rate hiking cycle. The decision preceded reports that CBR Governor Nabiullina met with politicians and business leaders that have warned the central bank against warning interest rates. Despite the hold at 21%, the central bank raised inflation forecasts, and markets expect the inflation rate to have reached a near two-year high at the end of the year. The hold drove heavyweights Sberbank, Rosneft, and Lukoil to rebound sharply from their near 18-month lows from the mid-December. On the other hand, Gazprom remained relatively close to its record low after gas flows from Russia to Europe through Ukraine at the turn of the year. Also, Surgut and Gazpromneft, major seaborne exporters for oil and fuel, recorded sharp losses since the start of January after being sanctioned by the US.
The Ibovespa hovered above the flatline at the 121,300 level on Friday, setting the São Paulo exchange on track for a weekly gain of over 2% as investors digested a range of external economic data, including stronger-than-expected fourth-quarter GDP figures from China, while also adjusting positions ahead of Donald Trump's inauguration as the next U.S. president. Chinese demand-linked equities, notably mega-cap Vale, gained over 1%, buoyed by data showing China's economy grew robustly in the final quarter of 2024, meeting the government's annual growth target of 5%. Meanwhile, markets remain cautious to Trump's imminent return to the White House, with expectations of a flurry of executive orders upon his swearing-in on Monday. On the downside, Ambev, B3, and Localiza led decliners, with losses ranging from 1.7% to 2.5%.
he yield on the 10-year US Treasury note held its recent decline to around 4.61% on Friday, on track for its largest weekly decline since late November. The drop followed a surprise decline in US core inflation, which bolstered expectations for further Federal Reserve interest rate cuts this year. Fed Governor Christopher Waller also indicated on Thursday that three or four rate reductions remain possible if economic data weakens further. Additionally, December’s US retail sales came in below expectations, though they still pointed to solid consumer spending. Markets are now pricing in a total of 41 basis points in total easing from the Fed this year, a notable increase from the 27 basis points priced in earlier this month. Still, the Fed is widely expected to hold rates steady later this month.
!summarize #semi #tesla #trucking #ev
The yield on the UK’s 10-year gilt fell to 4.65%, retreating further from its recent peak of 4.9%, as weaker-than-expected retail sales in December reinforced expectations for aggressive monetary easing by the Bank of England. Official data showed a 0.3% monthly decline in retail sales, defying forecasts of a 0.4% increase. This marked the latest in a string of disappointing economic indicators, including GDP growth of just 0.1% in November, below expectations of 0.2%, and stagnation in the three months to November. In response, traders now anticipate three rate cuts from the BoE this year, up from just one expected earlier this week, as the central bank faces mounting pressure to stimulate the economy. Inflation also eased to 2.5% in December, in line with BoE projections but below market expectations, adding to the case for rate cuts. Meanwhile, concerns persist over the UK’s debt levels and the government’s ability to manage public finances effectively.
Japan’s 10-year government bond yield traded around 1.19% on Friday, pulling back from near 14-year highs, in line with a drop in US Treasury yields following a surprise slowdown in US core inflation. This shift supported a dovish outlook for Federal Reserve monetary policy. Despite the retreat, Japanese government bond yields remain underpinned by rising speculation that the Bank of Japan could raise interest rates again next week. BOJ Governor Kazuo Ueda and Deputy Governor Ryozo Himino have hinted at the possibility of a rate hike at the upcoming meeting, reaffirming the BOJ’s commitment to raising borrowing costs if the economy performs as expected. Strong inflation and wage data further support this outlook, with Ueda expressing growing confidence in wage increases, citing positive feedback from multiple industries.
Australia’s 10-year government bond yield fell slightly to 4.54%, tracking a decline in U.S. bond yields after recent U.S. economic data suggested that the Federal Reserve might continue easing monetary policy this year. Meanwhile, domestic investors are still implying around a 70% chance that the Reserve Bank of Australia will cut rates at its February meeting, despite latest data pointing to a strong job market. In December, the economy added a remarkable 56,300 jobs, far exceeding the expected 15,000 and the previous month’s figure of 28,200. The unemployment rate edged up to 4% from November’s 3.9%, in line with forecasts. Overall, the data highlighted the labor market’s resilience, despite challenges posed by high interest rates. The upcoming quarterly inflation report and retail sales data, both set to be released before the RBA's decision, will offer further insights into the health of the economy and be crucial for investors in assessing the central bank’s next policy move.
Germany’s 10-year Bund yield eased to 2.6%, slightly down from a six-month high, after data showed the German economy contracted by 0.2% in 2024, marking a second consecutive annual slowdown, as expected. Investors remain cautious, particularly after a report revealed that President-elect Donald Trump’s incoming economic team is considering a gradual increase in trade tariffs. The strategy being discussed involves monthly tariff hikes of 2% to 5%, rather than sudden, large increases, which could help prevent inflation spikes. Rising yields reflect reduced expectations for central bank rate cuts, with investors now focusing on the ECB’s December meeting minutes and upcoming Eurozone inflation data for clues on future policy.
The yield on the Brazilian 10-year government bond soared to 14.9%, approaching the March-2016 high of 15.3% touched on January 2nd, as growing concerns of unsustainable deficit spending by the central government triggered a surge in the risk premium for Brazilian debt and drove the Brazilian central bank to issue aggressively hawkish forward guidance. Spending disputes in the central government indicated that policymakers are unlikely to budge in expansionary fiscal policy, shortly after failing to meet initial deficit targets from the latest budget measures. This was lastly underscored by gross debt widening to 78% of GDP in November from 74% one year prior. The greater risk premium in government bonds was magnified by the impact of foreign investors closing their positions to prevent losses from a depreciating real, adding to the increase in yields. Further, the inflationary pressure from high spending drove the BCB to signal 200bps in rate cuts in their two upcoming meetings.
The yield on the Russian 10-year OFZ was over the 15.7% mark in January, its highest in nearly one month, amid ample supply of government bonds, lower demand for Russian assets due to sanctions, and an aggressive tightening cycle by the Bank of Russia. Surging inflation due to a plunging ruble, a labor-force crisis, and altered supply chains in response to sanctions drove the central bank to deliver 13.5 percentage points in rate hikes in the year. Throughout policy statements, the central bank noted that expansionary fiscal policy and the large-scale military spending by the Kremlin contributed to inflation in Russia, financed in part through record levels of OFZ issuances through auctions. Still, the yield on OFZs eased through December after the CBR held its key rate in the final meeting of the year instead of market expectations that ranged between 200bps-300bps hikes, amid reports of pressure from the Kremlin and business owners.
!summarize #consciousness #joschabach
The yield on the 10-year Indian G-Sec was at 6.81%, dropping sharply from the five-month high of 6.9% touched on January 14th, tracking the drop in yields in economies with exposure to US credit markets following evidence of softer underlying inflation in the US. Still, domestic developments limited the respite for Indian debt. Slowing growth reduced confidence in New Delhi's fiscal strength, lastly evidenced by FY2025 GDP growth slowing to 6.4% from 8.2% in the previous year, according to a preliminary estimate. Additionally, the RBI’s looser grip on its crawling rupee peg limited the appeal of Indian assets. The combination of higher risk premium and rupee weakness drove foreign investors to close positions on Indian debt, which have previously soared through late 2024 due to the inclusion of Indian government bonds on fixed-income funds by JPMorgan and other major asset managers.
Canada's 10-year government bond yield fell to below 3.45%, retreating from a six-month high of 3.54% on January 14, tracking the decline in U.S. Treasury yields after core inflation showed an unexpected slowdown in December. This fueled expectations of potential Federal Reserve rate cuts earlier this year. However, investors remain cautious, especially after reports suggested that President-elect Donald Trump's economic team is considering a gradual increase in trade tariffs, with monthly hikes ranging from 2% to 5% to avoid sudden inflation spikes. Meanwhile, Canada's unemployment rate eased to 6.7% in December, better than the forecasted 6.9%, though it remained the second highest since September 2021, reflecting ongoing labor market softness highlighted by Bank of Canada policymakers.
The yield on the 10-year Italian BTP soared to over 3.8% in January, its highest in six months, tracking the surge in bond yields across the globe amid the likelihood that major central banks will react to rising inflation expectations. Soaring natural gas prices in Europe due to the commodity’s uncertain supply triggered warnings that inflation in the Eurozone may be rekindled, potentially forcing the central bank to keep interest rates at a restrictive level and magnifying the pressure on government bonds. Elsewhere, strong labor data from the US aligned with hawkish signals from the FOMC, adding to pressure on debt. The risks of higher borrowing costs especially impact economies with higher risk premiums, lifting the spread between the 10-year BTP and its German counterpart to 125bps, its highest in over one month. This was despite Italy’s new budget targeting a reduced deficit in 2025, which aims to halt the growth in debt-to-GDP by 2027.
The yield on the French 10-Year OAT was above 3.46% in January, the highest since reaching a 12-year high of 3.6% in October 2023, indicating higher risk premiums for French debt and expectations that central banks will keep interest rates relatively high in the near future. Rising natural gas prices for major Eurozone economies led to concerns that high energy service costs may rekindle inflationary dynamics that impact core sectors of the consumer basket, limiting the room for the ECB to extend its cutting momentum. In turn, the French government’s reluctance to signal lower deficit spending amid growth risks and political uncertainty added to the discount on long-dated OATs to their German counterparts, lifting the spread to its widest in at least 10 years. Additionally, bonds were also pressured by the outlook of a hawkish Fed following strong labor data in the US.
South Africa 10Y Bond Yield was 9.41 percent on Friday January 17, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the South Africa 10-Year Government Bond Yield reached an all time high of 20.69 in August of 1998.
China's 10-year government bond yield fell to around 1.63%, despite better-than-expected economic data. Reports released on Friday revealed that the Chinese economy grew by 5.4% year-on-year in Q4, surpassing market expectations of 5% and improving from a 4.6% expansion in Q3. For the full year, economic growth reached 5%, meeting Beijing's target of "around 5%." Additionally, industrial output rose 6.2% year-on-year in December, exceeding forecasts and November's 5.4% gain. Retail trade also grew by 3.7% in December, beating the expected 3.5% and rising from 3% in November. Meanwhile, new home prices fell 5.3% year-on-year, marking the smallest drop since August and easing from a 5.7% decrease in November. These stronger-than-anticipated figures highlight the impact of stimulus measures introduced since September to bolster China’s economic recovery. However, the unemployment rate edged up to a three-month high of 5.1%, compared to market expectations and the prior month's 5%
Switzerland 10Y Bond Yield was 0.36 percent on Friday January 17, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Switzerland 10-Year Government Bond Yield reached an all time high of 5.63 in September of 1994.
Chile 10Y Bond Yield was 5.99 percent on Thursday January 16, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Chile 10-Year Government Bond Yield reached an all time high of 8.07 in September of 2008.
!summarize #nancymace #bidenadministration #woman
!summarize #joerogan #gavinnewsom #california #wildfires
Despite these new powers, however, there are growing questions about how the EU is actually going to enforce the rules, particularly in the aftermath of President-elect Donald Trump's return to the White House.
"It remains to be seen what the EU will do, as some investigations have gone further than others, but it is also clear that U.S. tech companies will try to use the Trump administration to push back on EU rules," Dexter Thillien, lead analyst at the Economist Intelligence Unit, told CNBC.
It comes as the tech industry attempts to cozy up to Trump ahead of his second term as president. Tesla's Elon Musk, Amazon's Jeff Bezos and Zuckerberg will attend Trump's inauguration next week, according to NBC news.
!summarize #autoline #robots #machines
!summarize #tesla #semi #factory #trucking
!summarize #relationships #dating
!summarize #fbi #dei #trump #government
!summarize #keto #diet #psychiatry
!summarize #markets #tomsosnoffs #investing #trading
!summarize #godelsincompletenesstheorem #matn
Meta's CEO Mark Zuckerberg last week, meanwhile, called on the incoming U.S. president to look at the EU's approach to Big Tech, saying the way the bloc applies competition rules is "almost like a tariff."
EU official Virkkunen is one of a new team of politicians that began their work as members of the EU's executive arm in December. Until now, the bloc has been considered a leader of tech regulation and has opened the door to several probes into the behavior of Big Tech companies.
!summarize #nymets #petealonso #mlb
When asked if she was considering taking a softer approach to the sector, Virkkunen said: "We [have a] very clear legal basis and regulation rules in Europe, and of course, now we are fully enforcing those rules."
Virkkunen did not say whether she was feeling pressure as a result of Trump's return to the White House. Instead, she said, "all companies, whether American, European or Chinese, have to respect the EU's regulations."
!summarize #trump #bidenadminstration
!summarize #winter #unitedstates #weather
In December 2023, Musk’s X was hit with the EU's first probe under the Digital Services Act. The European Commission is assessing whether X breached transparency obligations and its duties to counter illegal content.
At the time, the institution said it was specifically assessing areas linked to risk management, content moderation, dark patterns, advertising transparency and data access for researchers.
As Musk continues to court the far-right ahead of an election in Germany — including hosting a live discussion with AfD party leader Alice Weidel — there are questions about whether the European Commission will assess this conversation as part of the investigation.
!summarize #retirement #home #wealth
!summarize #harvard #negotiation
!summarize #revolution #unitedstates
!summarize #israel #trump #joebiden #war #hamas #policy
!summarize #discord #error #fix #howto
"This is not about Elon Musk. It's about X," Virkkunen said.
"X is [a] very large online platform, they have to take their responsibilities, and they have to assess and mitigate the risks, for example, what they are posting for the electoral processes and for civic discourse. But [the European] commission is already investigating X on this, and the scope of investigation is already quite large," she said, adding that "we are all the time monitoring" in case of new developments.
!summarize #oakland #Mayor #shengthao #crime
!summarize #bp #oil #green #jobs #layoffs #energy
!summarize #cybertruck #ftc #generalmotors #automotive
!summarize #cnn #defamation
!summarize #taylorswift #blakelively #lawsuit
!summarize #cnn #defamation #lawsuit
!summarize #cnn #zacharyyoung #defamation
!summarize #elonmusk #groominggangs #labour #uk
!summarize #texans #chiefs #nfl
!usummarize #cnn #defamation #navy
!summarize #cnn #gavinnewsom
!summarize #media #stephenasmith #trump
!summarize #stephenmiller #trump #executiveorder #president
!summarize #ubisoft #yasuke #assassinscreedshadows #gaming
!summarize #joebiden #erqualrightsamendment #constitution
!summarize #oakland #mayor #shengthao #crime
!summarize #pambondi #hearing #senate
!summarize #cnn #defamation #trump
!summarize #megynkelly #trump #unauguration
Megyn Kelly is joined by Daily Mail columnist Maureen Callahan to discuss the breaking news that the Trump inauguration would be moved indoors due to weather, Megyn's announcement that she would be speaking at the Sunday pre-inauguration Trump rally, and more.
!summarize #ericweinstein #unitedstates
!summarize #macys #kohls #jobs #stores #closing
!summarize #space #travel #economics #money
!summarize #china #economy #spending
!summarize #vivekramaswamy #politics #trump #governor #ohio
!summarize #inauguration #cold #washingtondc #trump
!summarize #gavinnewsom #joebiden #trump #congress
!summarize #bobuecker #johnnycarson #entertainment #baseball
!summarize #toyota #nissan #sales #japan #automotive
!summarize #darkenergy #science #physics
!summarize #china #history
President Joe Biden is preparing to leave the White House...causing Joy Behar and the ladies on The View immense sadness. The View reacted to Joe Biden farewell address on Thursday morning...and Joy Behar emotionally expressed her desire to see more of Joe Biden.
We reveal and react to this segment from The View. We question what Joy Behar will miss about Joe Biden...and the complete lack of authenticity of this segment. We also react to Joy Behar complaints about billionaires...and explain the problem with government programs.
!summarize #coasetheorem #economics
!summarize #jauguar #woke #business
!summarize #conservative #europe #politics
!summarize #oakland #mayor #indictment
!summarize #tiktok #ban #socialmedia
!summarize #joebiden #chuckschumer #president #election
Megyn Kelly is joined by The Daily Mail columnist Maureen Callahan to discuss the bombshell new report about how Sen. Schumer privately pressured Biden to drop out of the Democratic race, why Obama wouldn't do it himself, why we're learning about it now and now when it happened in July, and more.
!summarize #google #meta #bci #healthcare
A Brown University and MIT alumna with a Ph.D. in Optical Physics, Jepsen has been named one of TIME's 100 Most Influential People, CNN's Top 10 Thinkers, and Forbes’ Top 50 Women in Technology, receiving numerous accolades for her pioneering contributions to technology and healthcare.
Mary Lou Jepsen is a renowned technologist, inventor, and entrepreneur who has made groundbreaking contributions to display technology, consumer electronics, and medical imaging. As the founder and CEO of Openwater, she is developing advanced imaging technologies to revolutionize medical diagnostics. Jepsen has held key roles at major tech companies, including CTO of Intel Display Division, Head of Display at Google, and Executive Director of Engineering at Facebook and Oculus. She co-founded One Laptop per Child, designed the $100 laptop for children in developing countries, and founded Pixel Qi Corp to advance display innovations. With over 250 patents, her work spans display technology, virtual and augmented reality, and medical imaging.
!summarize #yamato #battleship #engineering #history
!summarize #joebiden #farewell #president
!summarize #jeromehenderson #nygiants #nfl #coach
!summarize #cnn #lawsuit #court
!summarize #netflix #movies #entertainment
!summarize #tsla #tesla #economy
!summarize #trump #externalrevenueservice #tariffs #finance
!summarize #marriage #divorce
!summarize #banks #china #unitedstates
!summarize #gavinnewsom #california #russellbrand
!summarize #beringlandbridge #humans #early #history
!summarize #recession #economy #edyardeni
!summarize #war #sailing #warship #1800s #hmsvictory #history
!summarize #music #acdc
!summarize #ai #agi #technology #aiagents
!summarize #obama #barack #michelle
!summarize #russia #china #surveillance #car
!summarize #ai #ethics #nicoleshanahan
In a new essay titled "Prophecies of the Flood," Ethan Mollick examines a notable shift in how AI researchers are talking about superintelligence. Rather than coming from the usual tech industry voices, these urgent predictions about imminent AI breakthroughs are emerging from researchers within the major AI labs themselves.
!summarize #oakland #mayor #indictment #federal
!summarize #kamalaharris #president #campaign #election
!summarize #joerogan #justintrudeau #canada
!summarize #adamschiff #senate #hearings
!summarize #coasetheorem #economics #bargaining #negativeexternalities
!summarize #fire #mosslanding #powerplant
!summarize #dating #relationships
!summarize #hollywood #woke #politics #melgibson
Why tech companies like Amazon, Google and TSMC are flocking to Phoenix
Phoenix, a longtime hub for aerospace and defense, is becoming an epicenter of semiconductor manufacturing and autonomous vehicles.
Tech might not be the first thing that comes to mind when one pictures Phoenix. The city is better known for its golf courses, Major League Baseball's Spring Training, retirement appeal and scorching heat.
But its growth into an innovation hub has been quietly playing out over several decades. Arizona's largest city has, for a variety of reasons, become the epicenter for semiconductor manufacturing, and testing self-driving cars and drones.
#arizona #phoenix #tech #companies
"If we look at cities that really do end up becoming these, you know, important technology hubs, there are really four things that we usually see, and Phoenix really has all of them going," said Anne Hoecker, global head of technology at Bain Global. "The first is a favorable business environment. The second really is that ecosystem of other companies. The next is really close proximity to a university that has a strong engineering program. And then finally it is that availability of talent."
Technology companies have flocked to the city to capitalize on those perks. Taiwan Semiconductor Manufacturing Company, or TSMC, is among the biggest.
!summarize #marcandreeson #jordanpeterson #au #superintelligence
CEO of Chinese smartphone brand Honor resigns due to personal reasons
Honor's focus on high-end devices and technology is expected to continue under Jian Li, who will succeed Zhao as CEO.
George Zhao, the chief executive of Chinese smartphone firm Honor, has resigned from his position due to personal reasons, the company said on Friday.
"The company and the Board of Directors sincerely appreciate Mr Zhao's outstanding contributions to the company during his tenure," Honor said in a statement.
Jian Li, who's been at Honor for four years in various senior management positions, will succeed Zhao as CEO.
#ceo #honor #jianli #smartphone #china
In an internal memo posted by Chinese media and confirmed as accurate by an Honor spokesperson, Zhao said he was stepping down due to health reasons and planned to rest, recover and spend more time with his family.
Zhao called the decision to leave Honor "the most difficult decision" he has ever made.
The move comes as Honor looks to pull off an IPO which it first announced in 2023.
Honor was spun off from Chinese telecommunications giant Huawei in 2020 in a bid to avoid U.S. sanctions that were crippling Huawei's smartphone business.
It’s official: Take a first look at the Switch 2
Nintendo has unveiled the Switch 2 with a trailer and promo website. The new device has a larger screen, a slightly more rounded edge on the top and bottom, an additional USB-C port on the top, and a wider kickstand that can support the system at a number of wider angles. The Joy-Cons are significantly larger than those on the original Switch. They have wider shoulder buttons and a new connector in the center. The Joy-Cons now snap in horizontally instead of having to slide in vertically. Pictures of the device are available in the article.
#technology #gaming #nintendo #switch2
Tough new EU cyber rules require banks to ramp up security — but many aren't ready
Tough new EU regulations requiring banks to bolster their cybersecurity systems officially came into effect Friday — but many firms aren't in compliance.
Tough new European Union regulations requiring banks to bolster their cybersecurity systems officially come into effect Friday — but many of the bloc's financial services firms aren't yet in full compliance with the rules.
The EU's Digital Operational Resilience Act, or DORA, requires both financial services firms and their technology suppliers to strengthen their IT systems to ensure the industry is resilient in the event of a cyberattack or any other forms of disruption. It entered into effect on Jan. 17.
#banks #eu #cyber #security
The penalties for breaches of the new legislation can be substantial. Financial services firms that fall foul of the new rules can face fines of up to 2% of annual global revenue. Individual managers could also be held liable for breaches and face sanctions of as much as 1 million euros ($1 million).
So far, the rate of compliance among financial services firms with the new rules has been mixed, according to Harvey Jang, chief privacy officer and deputy general counsel at IT giant Cisco.
"I think we've seen a mixed bag," Jang told CNBC in an interview. "Of course, the more mature-stage companies are further along looking at this for at least a year — if not longer."
TikTok ban poised to be delayed as Trump explores ways to extend deadline
The ban on TikTok in the US may be delayed as the deadline falls on the MLK Day holiday weekend. Biden officials see the ban as an issue for the Trump administration, so there are no plans to intervene before the ban's January 19 deadline. An official has said that users should not expect the social network to shut down on Sunday. The Supreme Court is currently weighing whether to pause the law.
#technology #tiktok #trump
Blue Origin reaches orbit on first flight of its titanic New Glenn rocket
Blue Origin has reached orbit for the first time since its founding nearly a quarter of a century ago. The launch occurred on Thursday morning, a little more than an hour into its launch window. While the first stage did not successfully return to Earth, the debut launch of the New Glenn rocket was a smashing success. SpaceX required 19 launches before it finally landed an orbital rocket for the first time, so it was unlikely Blue Origin would have succeeded on the first attempt.
#technology #space #blueorigin #newglenn
SpaceX catches Starship booster a second time, loses ship to an ‘anomaly’ in space
SpaceX caught Starship's Super Heavy booster for a second time on Thursday. However, an anomaly with the upper stage caused it to disappear after eight and a half minutes into the flight. The Federal Aviation Administration slowed or diverted a number of flights in the area where debris was spotted. SpaceX believes that the incident was caused by an oxygen/fuel leak inside Starship that built up too much pressure inside the cavity of the craft. A link to a video of the debris falling back to Earth shared by Elon Musk is available in the article.
#technology #space #spacex
Google reports halving code migration time with AI help
Google computer scientists have released a paper describing how the company uses AI for internal code migrations. The company's focus is on bespoke AI tools developed for specific product areas instead of generic AI tools that provide broadly applicable services. While humans were needed to double-check the AI's work, it is estimated that AI helped reduce the time required to complete a code migration by 50%. The researchers note that large language models should be used in conjunction with other tools to prevent the human review process from becoming a bottleneck and to reduce costs.
#technology #google #ai
!summarize #crypto #andrewwsonhorowitz #bitcoin
Toyota’s futuristic Woven City in Japan is ready for its first residents
Toyota's Woven City, a $10 billion project being built on the site of a former car factory in Japan, is almost ready for its first residents. The city is supposed to be a 'living laboratory' where people can live while testing out futuristic projects. It will allow residents to test out inventors' ideas in a secure real-life setting. Toyota will welcome its first 100 residents, all of whom will be Toyota employees or its subsidiary, Woven by Toyota, to the city in the fall of 2025. The first phase of the city will eventually house 360 residents. A concept video that details Toyota's plans is available in the article.
#technology #future #toyota #wovencity
Here’s what NASA would like to see SpaceX accomplish with Starship this year
SpaceX's Starship to-do list for 2025 includes the debut of a larger Starship, the launch of a ship into low-Earth orbit, in-orbit refueling, and more. The company aims to fly as many as 25 Starship missions this year. It is building a second launch pad to speed up the launch cadence. This article discusses the space startup's plans for the year - it includes a transcript of an interview with Lisa Watson-Morgan, the NASA engineer overseeing the agency's contract with SpaceX.
#technology #space #nasa #spacex #starship
RedNote may wall off “TikTok refugees” to prevent US influence on Chinese users
RedNote may start segregating US users and other foreign IPs, potentially killing the app for Chinese Americans who actually use the app to connect with Chinese content, language, and culture.
#technology #china #tiktok #rednote
Some things to expect in 2025
This year's predictions include increasing rates of kernel code written in Rust, another XZ-like backdoor attempt coming to light, the launch of one or more foundations aimed at providing support for maintainers, the failure of several cloud-based products, and more fully open hardware being available by the end of the year.
#technology #predictions #2025
Mullenweg’s Grip On WordPress Challenged In New Court Filing
WP Engine's lawyers have filed a lawsuit against Automattic and Matt Mullenweg alleging fifteen claims and seeking monetary awards along with changes to WordPress.org's governance structure.
#technology #wordpress #lawsuit
PC Gaming Has Been Outperforming Console For Years – And It’s Getting Stronger
PC games have become increasingly powerful, generating more content spending and revenue than console platforms.
#technology #gaming #pc #console
Trump reportedly ‘receptive’ to strategic reserve with US-based cryptos
Trump is allegedly considering expanding his previously announced Bitcoin strategic reserve plan to include US-based cryptos like Solana and XRP. The potential policy shift follows Trump's recent dinner with Ripple executives and his July 2024 pledge at the Bitcoin conference to create a national Bitcoin reserve. Though there are lots of rumors, nothing is confirmed about Trump's crypto plans.
#technology #us #trump #crypto
Crypto-friendly trading platform eToro files for US IPO
eToro has confidentially filed for an IPO with the SEC, targeting a valuation of over $5 billion and potential listing by Q2 2025. The move comes despite eToro's decision in September to cease trading most crypto assets in the US following an SEC settlement, with the UK remaining its largest market. eToro's most recent funding round, which was in 2023, raised $250 million at a $3.5 billion valuation.
#technology #crypto #etoro #ipo
Eliza Whitepaper: A Web3 friendly AI Agent Operating System
Eliza's whitepaper describes how the prominent AI framework enables blockchain interactions across multiple chains. It has built-in support for wallet management, trust scoring, and agent key custody solutions, and integrates with social platforms for community engagement. At the time of writing, the projects that have adopted Eliza have a combined market cap of $20 billion. The framework, built in Typescript, has a modular plugin system that allows developers to extend functionality, though current limitations include the need for improved workflow systems.
#technology #crypto #ai #eliza #whitepaper
Nintendo Switch 2 Update and Anti-Scalping Measures
The Nintendo Switch 2 has been officially revealed, and with it comes exciting news and updates. The console's stats are impressive, and fans are eagerly awaiting its launch.
Summarized by Llama 3.3 70B Instruct Model
Hideki Kamiya's Reaction to Leaks
Nintendo Switch 2 April Direct
Expected Games and Features
Anti-Scalping Measures
How to launch a blockchain successfully in 2025; lessons from the last decade
Crypto launches have evolved over the past decade. A successful launch in 2025 requires mastery of multiple elements, including pre-launch business development, homegrown applications, and targeted user acquisition. It is critical to secure a “kingmaker” partner, maintain high float/low FDV tokenomics, and strategically decentralize. The current market demands robust infrastructure partnerships, ecosystem alignment, and superior user experience at launch, marking a sharp departure from previous eras where technical innovation alone could drive success.
#technology #crypto #blockchain
Merits to DEFAI
AI agents have the potential to simplify complex DeFi interactions, making it easier for users to borrow, earn yield, and trade assets autonomously without navigating the often confusing manual processes. By enabling users to delegate tasks like “earn 8% yield on ETH with minimal risk,” AI could unlock broader adoption of DeFi among non-crypto natives, extending its reach and usability.
#technology #crypto #defai #ai
Crypto Exchange usage around the world
The charts highlight Binance's dominance as the leading cryptocurrency exchange globally, particularly in Africa (72%), South America (68%), Asia (51%), Europe (50%), and the Middle East (52%), while Coinbase leads in North America with 45% market share.
#technology #crypto #exchanges #binance
Top EU official denies softer approach to Big Tech, cites 'very clear legal basis' for regulation
There are growing questions about how the EU is going to enforce tech regulation, particularly as President-elect Donald Trump returns to the White House.
A leading EU official has denied taking a softer approach to Big Tech, citing a "very clear legal basis" for regulators and pointing to several ongoing investigations into the likes of social media platform X and Meta.
The FT reported earlier this week that the EU was reassessing investigations into Apple, Google and Meta — a process that could ultimately lead to the European Commission, the executive arm of the EU, scaling back or changing the focus of their probes.
#eu #bigtech #regulation #trump
"We have our Digital Service Act that came into force a little bit more than one year ago, and there is several formal proceedings going on against, we can say, all the big platforms: Meta platforms, Instagram, Facebook, also on X and with TikTok," Virkkunen said.
"We are continuing the work, so there is not any new decisions made. So we are doing the investigations [to see] if they are complying with our rules," she said.
The Digital Services Act or DSA, which came into full effect in 2024, gives EU institutions the power to regulate Big Tech in a bid to prevent illegal and harmful activities online, and clamp down on disinformation.
US announces restrictions on exporting AI chips: How the move can impact India and global tech industry
read on..link in comment ⬇️
https://www.msn.com/en-in/technology/artificial-intelligence/us-announces-restrictions-on-exporting-ai-chips-how-the-move-can-impact-india-and-global-tech-industry/ar-BB1rpqUf