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Last year was the worst year for the stock market since 2008—and for good reason. The nearly 19% drop in the benchmark S&P 500 in 2022 capped many years of wild speculation in capital markets driven largely by the Federal Reserve’s era of free money and government handouts.
Dangerously loose fiscal and monetary policies sparked a seemingly endless parade of worrisome investing trends—a spike in special purpose acquisition companies, numerous profitless initial public offerings, the rise of meme stocks and.
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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The iBuyPower Y40 PC is on an incredible sale, offering a Ryzen 7 9800X3D, RX 9070 XT, 1TB of storage, and 32GB of memory for $750 off. Read more ›
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'Loving Dory,' a new theatrical short featuring Ellen DeGeneres, is on the way. Read more ›
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Microsoft has quietly extended free Windows 10 security updates for consumers by another year, pushing the Extended Security Updates (ESU) program's end date from October 12, 2026, to October 12, 2027. "The ESU support page was updated with that date, and Microsoft's blog post on the program has a new editor's note confirming the change," reports Ars Technica. From the report: The prevalence of Windows across so many devices and... Read more ›
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Samsung makes some of the very best OLED gaming monitors, and they’ve never been this affordable. Read more ›
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When planning a trip to Ireland, I suggest packing things like a durable raincoat, warm layers, a versatile bag, and good sneakers. Read more ›
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An advanced research vessel off the coast of Brazil has ID’ed a new cousin to crabs and lobsters, nine new jellyfish, and two gigantic single-celled organisms visible to the naked eye. Read more ›
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An entrepreneur shifts from a traditional law firm to an AI-based legal service, gaining $650K funding and achieving $372K in revenue post-launch. Read more ›
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Paul Meade, who oversees development on the Vision Pro and Apple's upcoming smart glasses, is leaving Apple for OpenAI, reports Bloomberg. Meade took over leadership of Apple's Vision Products Group when Vision Pro chief Mike Rockwell took over Siri's AI upgrade. He was previously leading the Vision Pro hardware engineering team, and before that, he was on the iPad and iPhone teams. Meade has been at Apple since 2010, and... Read more ›
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Apple just raised the prices on Macs and iPads in response to the rising costs of memory chips, right in the middle of Amazon Prime Day. That means existing discounts (even small ones) on Apple laptops like the MacBook Neo, MacBook Air, and MacBook Pro just became significantly better deals. As an example, the 13-inch […] Read more ›
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Maxine Waters, the ranking Democrat on House Financial Services, asked the chief of the Department of Labor to withdraw its proposal on alternative assets. Read more ›
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Rokid is offering several Prime Day discounts on its AR glasses and entertainment bundles, giving shoppers a cheaper way to try big-screen viewing without buying a traditional monitor or TV. The deals cover the newer Rokid Max 2 AR Glasses, the original Rokid Max, the Rokid Station, and the Rokid AR Joy Pack bundle. The best offer is the Rokid Max 2 AR Glasses in Black, now priced at $379,... Read more ›
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Looking for earbuds that stay securely on your head even during intense workouts? I've tested dozens of ear-hook style buds and these are my current top picks. Read more ›
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Norton has added split tunneling to its MacOS VPN app, allowing Mac users to choose which traffic they send through their VPN Read more ›
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My stay at Hotel Molokai on one of Hawaii's least-touristy, least-visited islands felt affordable. I found value in the convenient location and views. Read more ›
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A couple of weekends ago, Sarah Polcz, a University of California, Davis, law professor, and her husband, Adam Brown, a top scientist at Google’s DeepMind, hosted a party at their Portola Valley home that had all the trappings of a geeky good time. One guest piloted a drone that rained down ice cream bars on the kids in attendance. At the swimming pool, people took turns riding on a minihouseboat—the... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: The brains behind Bernie’s AI sovereign wealth fund? A Silicon Valley law professor • The Takeaway: How I learned to love Mark Rober• E-commerce: The fast-growing Thiel-backed startup defying a creator economy slowdown• Plus, Recommendations—our weekly pop culture picks: “Foul Play,” “The Feather Wars” and “Portobello”A couple days ago, I snagged a red-hot invite: David Holz, the Midjourney founder, was throwing a... Read more ›
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SpaceX’s strong first week of trading made one thing clear: Racing through its IPO at warp speed cost it nothing. The company went from initial confidential filing to listing in just 74 days, much faster than other tech IPOs in recent years, including those of CoreWeave, Figma and Airbnb, an analysis of securities filings shows. Initial public offering lawyers and consultants say the speed reflects a more hands-off approach adopted... Read more ›
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Morgan Stanley, one of the most active banks in financing data center developers, is now pitching some of those same clients on tapping a market better known for funding leveraged buyouts. It’s a sign that in the race to raise money for AI infrastructure, developers and their advisors are turning over every stone. Over the last few months, Morgan Stanley has suggested to clients that the next time they need... Read more ›
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If you’ve wanted to visit the South of France, this might be the week. The annual Cannes Lion ad festival, a time for ad folks from all quarters to gather, gets underway tomorrow. The impact of AI on advertising and media is sure to be front and center. OpenAI’s chief revenue officer, Denise Dresser, is scheduled to appear onstage twice, according to the official program, including on a panel with... Read more ›
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The initial public offering for Lime, an electric scooter and bike rental company that was once a stalwart of the late 2010s startup scene, is getting financial support from an old friend: Uber. The ride-hailing giant is expected to invest a “meaningful” amount in the deal and be named as an anchor investor on the cover of an updated IPO prospectus that Lime plans to file Monday, a person familiar... Read more ›
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John Jumper, the Google DeepMind Vice President who co-won the 2024 Nobel Prize in Chemistry, is leaving the company to join rival Anthropic, he said on X on Friday. Jumper’s move follows that of another high-profile Google researcher, Noam Shazeer, who earlier this week announced he had joined ... Read more ›
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Lime, the electric scooter and bike rental company, is set to receive financial backing from its long-time partner and investor, Uber. In an updated IPO prospectus filing expected Monday, Uber will be named as an anchor investor for the deal, The Information reported. Lime is targeting a $1.8 ... Read more ›
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Few companies have gone public with books as unusual as OpenAI’s. At first glance, the company portrayed by the AI startup’s financial statements, reviewed by The Information, resembles a lean, low-debt software business. Its balance sheet, as at March 31, had zero debt and less than $750 million of lease liabilities. Its cash-flow statement, moreover, showed OpenAI—one of the most hardware-centric tech businesses—spending just $46 million on capital expenditures in... Read more ›
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Some businesses that use Anthropic and OpenAI models to develop AI apps for coding, design, legal work and other white-collar tasks are getting worried that those two AI model suppliers might eat their lunch.Design app Figma seems attuned to that kind of threat, especially from Anthropic’s recently launched Claude Design app, as we reported. But Canva, a Figma rival privately valued at $42 billion, doesn’t feel the same way.“We see... Read more ›
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26.06.2026 16:13
Last update: 16:05 EDT.
News rating updated: 23:00.
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