November 9, 20240 Comments

Stocks making the biggest moves after hours: QCOM, HUBS, LYFT, BMBL

Check out the companies making headlines in extended trading: Qualcomm — The chipmaker popped 4% after posting results for the fiscal fourth quarter that topped Wall Street’s expectations. The company also offered a strong outlook for the current quarter. Qualcomm reported adjusted earnings of $2.69 per share on $10.24 billion in revenue. Arm Holdings — The semiconductor company slipped 4% despite reporting earnings for the fiscal second quarter that beat

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November 9, 20240 Comments

Fintechs Upstart and Toast soar on earnings

Chris Comparato, CEO, the Toast, Inc. IPO at the New York Stock Exchange, on September 22, 2021. Source: NYSE Upstart, which uses artificial intelligence to inform online lending decisions, soared 46% on Friday, its best day in over three years. Toast, which sells payments technology to restaurants, jumped 14%, closing at its highest since 2021. Both companies reported better-than-expected results, sparking the rallies. Upstart’s revenue jumped 20% in the third

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November 9, 20240 Comments

How robots lift, spin and precisely park a Ferrari

An exclusive look inside one of the largest automated parking system in the world. CNBC’s Ray Parisi travels thru the system in a 488 Spider Ferrari to show you exactly how robots precisely lift, spin, and park it while he’s inside with cameras. Hidden inside a 46-story luxury condominium in Miami is a thirteen story garage where busy robots zoom around whisking  cars to and from parking spots.  The futuristic

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November 9, 20240 Comments

Booking.com parent to cut jobs as part of reorganization plan By Reuters

(Reuters) – Online travel giant Booking Holdings (NASDAQ:) said on Friday it expected to cut jobs as part of broader changes to its businesses, which also aim to drive real estate savings. Booking Holdings, which owns brands like Booking.com and Kayak, did not disclose how many jobs would be affected but said it expected to provide more details on timing, likely impact on employees and financials “in due course”. As

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November 9, 20240 Comments

Bitcoin Spikes to a New Record High, While Ether and Solana Rally Ahead of FOMC

“Beyond … bitcoin pushing to a fresh record high, the market should perhaps be paying attention to what could be a more bullish development,” Joel Kruger, market strategist at LMAX Group, said in a Thursday market update. “The crypto market is looking for a resurgence in the decentralized finance space, with Ethereum playing an important part in this initiative.” Source link

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November 9, 20240 Comments

Lilian Weng Exits OpenAI Adding To a List of Safety Team Departures

AI news: Lilian Weng, OpenAI’s VP of Research and Safety, recently announced her decision to leave the company after seven years. In her role, Weng played a central part in developing OpenAI’s safety systems, a critical component of the company’s responsible AI strategy.  Her departure, effective November 15, follows a recent wave of exits among OpenAI’s AI safety personnel, including figures like Jan Leike and Ilya Sutskever. The two co-led

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November 9, 20240 Comments

Bitcoin Fog Founder Sentenced To 12.5 Years for $400M Crypto Laundering Scheme

Bitcoin Fog founder Roman Sterlingov has been sentenced to 12.5 years in prison for operating a major cryptocurrency mixing service that laundered over $400 million in criminal proceeds.  The Washington federal court ruling was handed down by U.S. District Judge Randolph Moss, who also ordered the forfeiture of $395 million in assets, including seized cryptocurrency and Sterlingov’s interest in a Bitcoin wallet with over $103 million in Bitcoin. Bitcoin Fog

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November 9, 20240 Comments

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November 9, 20240 Comments

Are luxury beauty advent calendars a rip-off?

Getty Images They’re all over your TikTok and Instagram – people unboxing the latest extravagant beauty advent calendar. Influencers excitedly wonder what eyeliner, serum or hand cream will be behind door one, and gush over the beautiful box it has come in. But are these products, which can cost hundreds of pounds, actually worth the money? Yes, says TikToker Cissy Jones from Manchester. We’re just over a week into November

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November 9, 20240 Comments

How mines control driverless trucks

Zoe Corbyn Fifty of these giant driverless trucks work in the Greater Nammuldi iron ore mine It doesn’t get much more remote than this. I’m in inland Western Australia, at Rio Tinto’s Greater Nammuldi iron ore mine. It’s about a two-hour flight north from Perth in a region called the Pilbara. No-one lives permanently here. Around 400 workers are on the site at any one time, and they are flown

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