Recent News
Pile-ins, payouts, and pacing pressure: the investors behind the VCs open up
The money behind the money is thrilled, mostly.
Best Value For Money Mobile Phones Under Rs. 15,000 in India
Once known as the budget smartphone segment, the sub-Rs 15,000 category is now India's entry-level segment. Rising memory prices have forced manufacturers to trim hardware and features. As a result, we are left with smartphones that just get the job done and deliver the bare minimum.
Samsung Galaxy Fit 4 Features Allegedly Revealed Through Companion App Teardown
Teardown of the Galaxy Fit 4 Manager app reportedly shows that the Samsung Galaxy Fit 4 could offer many features similar to those available on the Galaxy Fit 3. The app reportedly includes a new banner. It could support up to 12 tiles. The fitness tracker is tipped to offer sleep tracking, heart rate monitoring, and high-stress alerts. The Galaxy Fit 4 is expected to...
Nvidia weighs playing the cosigner for Nscale’s AI data center in West Virginia
When investors get nervous about AI spending, it helps to have the chipmaker that sells the chips offer to cosign the loan.
US markets hit by big tech sell-off
The sell-off for tech stocks on Wall Street worsened on Friday on fears that the frenzy around AI has sent prices too high. The S&P 500 dropped 140.32 points, or 1.8 percent, to 7,580.07, for its worst day since June. The Nasdaq composite fell 747.72 points, or 2.9 percent, to 25,437.00, and the Dow Jones Industrial Average dropped 572.25 points, or 1.1 percent, to 51,770.31. Intel sank almost 29 percent for its worst day since 1974 after its profit forecast was below analysts’ expectations. Amazon’s latest profit report raised more worries about how much companies are spending on their AI Investments. Treasury yields sank as investors searched for safer things to own, even though oil prices rose. (AP) Edited by Robert Kemp
Hack Could Leave AO3, a Popular Fan Fiction Site, Offline for Weeks
AO3, which hosts 18 million stories spun off from the likes of “Harry Potter” and “Heated Rivalry,” was taken offline after “an intrusion,” one of its founders said.
Salesforce’s M&A spree continues with a reported $375M deal for defense tech startup Rune
The AI logistics startup will bolster the CRM giant's Missionforce defense platform.
Ollie, a privacy-focused AI assistant, is shutting down
As an increasing number of AI assistants flood the market, the founder of Ollie, an assistant that respected its users' privacy, says it will be shutting down in a week.
Scary Ghost Stories From New York Times Archives
From haunted zoo cages to ghostly bar owners, here are five stories from our archives that will make you shiver, or maybe chuckle.
Intel’s stock crashes, knocking $12B from government’s stake
Intel is being hurt by PC sales as the AI industry gobbles memory and other components causing PC prices to rise.
Anthropic expected to receive high ‘junk’ rating from credit agencies following IPO, FT report says
Blackstone's forecast is just a prediction, but naturally, a high junk rating would make it more difficult and costlier for Anthropic to raise the money to keep funding its massive spending that has undergirded its business.
Applebee’s exposed customers’ personal data after leaving database password in app
EXCLUSIVE: A security researcher discovered the hardcoded credential in Applebee's app, allowing unrestricted access to customers' personal data.
Last-minute Halloween costumes for tech nerds
No Halloween costume? Just be a deceptively cute AI agent icon, a PHP vulnerability, or sleepy time Bryan Johnson.
Cracks are emerging in the AI spending boom
Big Tech is pouring billions into AI infrastructure, but mounting debt, negative cash flow, and growing investor skepticism are raising questions about the sustainability of the AI spending boom.
A Meteorite Found in the Sahara Is a 4.1-Billion-Year-Old Piece of Mars
Minerals in the space rock provide hints about the early history of the red planet, when water was flowing on the surface.
Why the Markets Don’t Care About the Midterms
Factors like inflation, interest rates, A.I. and the war with Iran are far more important, our columnist says.
AI law firm Crosby bids on disintegrating, famed firm Weil Gotshal
Like a real-life episode of "Suits," the demise of famed white-shoe Wall Street law firm Weil, Gotshal & Manges has been the talk of the legal industry. And now an AI firm has entered the picture.
Satlyt takes another step toward turning satellites into space data centers
Satlyt ran a successful test this month bringing it closer to turning spacecraft, starting with satellites, into virtual data centers.
Zest’s new AI agent finds restaurants and books reservations over text
Can't agree on where to eat? Zest's AI concierge can combine everyone's tastes, put restaurant options to a vote, and make the reservation.
You Can See Everything That Billy Evans Watched on 2x Speed
What was Elizabeth Holmes’s partner watching in the new Nathan Fielder documentary? We found the videos (and the scientists in them).
Google’s first data center satellite is online and writing poetry
The first TPU in space is running a Google DeepMind Gemma 4 model and writing cheesy poetry.
Theranos whistleblower Tyler Shultz warns that the AI boom is ‘a great opportunity to go deceive people’
The cautionary Theranos tale takes on a new significance in the AI era, when companies that have never turned a profit are raising capital at trillion-dollar valuations.
AU Small Finance Bank Investigates Potential Leak; Vijay Sales Systems Allegedly Offered for Sale
AU Small Finance Bank is investigating a potential data leak involving a Salesforce-hosted platform used to store limited vehicle loan customer information. Hacking group ScarlettGroup has allegedly claimed access to customer and internal corporate records, with HackRisk reporting that the group threatened to release the data. Separately, Dark Web Informer says a thre...
Assassin's Creed Valhalla, Black Flag Resynced Get New Game+; Ubisoft Shares Update on Assassin's Creed Hexe
Ubisoft shared updates on the Assassin's Creed franchise on Thursday, revealing new content for Assassin's Creed Black Flag Resynced and Valhalla. Both games are getting a New Game Plus mode. Additionally, Ubisoft also shared updates on Assassin's Creed Hexe, the next mainline game in the series.
Amid fuel tax cut, German inflation slows
German inflation slowed more than expected in October, the first month of a government fuel tax cut, adding to evidence that Europe's largest economy could prove more resilient than anticipated despite disruptions linked to the war in Iran. Gross domestic product increased slightly more than expected in the third quarter, though economists warned the expansion remained heavily reliant on government spending. Inflation eased to 2.8 percent year-on-year in October from 3.3 percent the month before, preliminary data from the statistics office showed on Friday, below forecasts for 3.1 percent. Easing energy price rises drove the slowdown, increasing by 12.2 percent in October versus 14.9 percent the month before, and indicated that the fuel tax cut that runs to year-end is having an effect. Core inflation, which excludes volatile food and energy prices, fell to 2.1 percent from 2.4 percent the month before. The German data comes ahead of a euro zone inflation update due on Wednesday. Inflation in the bloc is expected to come in at 3.9 percent in October, slightly above September's 3.8 percent, according to economists polled by Reuters. German GDP increased by 0.2 percent in the third quarter compared with the previous three-month period, according to preliminary data from the statistics office, slightly above a rise of 0.1 percent forecast by analysts polled by Reuters. The data pointed to a fourth straight quarter of recovery in Europe's largest economy, helped by increased public spending, even as private sector momentum remained subdued. Under Chancellor Friedrich Merz, government funding has surged since Berlin last year approved a €500 billion infrastructure fund and exempted much defence spending from its debt brake rules. The economy grew by 0.3 percent in the second quarter and 0.4 percent in the first quarter, according to the office. The fuel tax cut, which aims to cushion households from the surge in oil prices caused by the Iran war, will likely help the economy hold up in the fourth quarter as well, said Deutsche Bank analyst Marc Schattenberg. However, with no sign of a lasting de-escalation in the Middle East, energy prices are unlikely to drop noticeably and will continue to stoke inflation in coming months, say analysts. "It is clear that the inflation rate will hover around 3 percent for some time to come," said Alexander Krueger, chief economist at Bethmann HAL bank. "Given this backdrop, an interest rate hike by the ECB cannot be ruled out." The European Central Bank left interest rates unchanged on Thursday but clearly hinted at another hike in December. While analysts broadly agree Germany is emerging from a prolonged slowdown, many stop short of calling the recovery self-sustaining because private investment remains weak. A lack of sweeping reforms means Germany's attractiveness as a place to do business will remain impaired, preventing a significant recovery in private investment, Commerzbank chief economist Joerg Kraemer said. Analysts pointed to the increased government spending on infrastructure and defence as the main driver of the recovery. "Without this artificially initiated impulse, economic output would probably have stagnated," said Krueger. Jens-Oliver Niklasch, economist at LBBW bank, said that next year would reveal whether the economic revival is sustainable or just a flash in the pan. "For sustained, higher growth, investment would need to pick up more substantially, which, to date, has not been the case," he said. The German government expects the economy to grow by 1.3 percent in 2026 and 1.1 percent in 2027, with the economy ministry saying earlier this month that the Iran war, and resulting high energy prices, is not hurting the economy as much as feared. In a further positive sign, the Ifo economic institute's closely watched business climate index rose for a sixth straight month in October. (Reuters) Edited by Edmond Fong
Three Stone Age Caves Reveal Continual Cannibalism
A tour of the three caves in southern Spain suggests that people in the area cannibalized one another as funerary practice over many generations.
North Korean hackers blamed for stealing record $6.3B in Binance breach
Hackers working for North Korea are suspected of hacking a Binance employee's laptop, which allowed the theft of billions in crypto.
North Korea’s Lazarus Group Linked to Alleged $6.3 Billion Binance Hack
Blockchain investigators have linked North Korea’s Lazarus Group to the alleged $6.3 billion Binance hack on October 29. TRM Labs attributed the incident to TraderTraitor, while ZachXBT identified Lazarus as the probable attacker. Investigators traced transfers across multiple blockchain networks, including Ethereum, Bitcoin and Tron. Blockaid’s analysis also iden...
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Samsung's Galaxy Glasses to Launch in Select Markets in December: Report
Samsung is reportedly preparing to launch its first AI-powered smart glasses, Intelligent Eyewear, in South Korea and the US in mid-December. The upcoming wearable will mark the company's entry into the AI smart glasses segment. The upcoming wearable will run on Google's Android XR platform and Gemini AI.
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