That dazzling streak of light across the twilight sky in Los Angeles at around 7:30 p.m. Monday was Space Earthlings from Southern California to Phoenix enjoyed a spectacular, if brief, display as night fell and light illuminated the sky, followed by a slowly dissipating jet. But the images quickly flooded social media, and “SpaceX” became a trending topic on the social networking site The launch was the 10th from the base this year, according to Space On Friday, coverage of a New York Mets spring training game was disrupted “momentarily,” according to USA Today, when sportscasters were distracted by a…
Author: ricardofrancois
Nvidia has unveiled its latest artificial intelligence chips, which the company claims are far more powerful than its current market-leading hardware, as it sets its sights on expanding its dominance of the booming industry.Nvidia's new Blackwell GPUs will significantly increase the computing power that drives large language models, CEO Jensen Huang said Monday. The Blackwell GPU has 208 billion transistors, compared to last year's H100, which had 80 billion transistors, a measure of its increased power.“Ladies and gentlemen, I would like to introduce you to a very, very large GPU,” Huang said at the company's annual developer conference.Read more hereRecommended
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.The Abu Dhabi Investment Authority is seeking to take advantage of the withdrawal of Western investors from China by offering to buy their shares at a discount in funds managed by Hong Kong-based PAG. The move by Abu Dhabi's main sovereign wealth fund, described by four people familiar with the matter, is a sign of how some Gulf investors are looking to snap up deals as US-based investors reduce their exposure to China.“It's a shift from American investors who… [previously] “It favored…
The window for interest rate cuts may be closing.On the eve of the Federal Reserve's two-day monetary policy meeting, Wall Street forecaster Jim Bianco believes the central bank is likely to remain on hold until next year.”I'm of the opinion that the Fed doesn't change policy in the summer of an election year,” Bianco's head of research told CNBC's Fast Money on Monday. “If they don't pull the trigger by June, it will be November,” he added [or] December at the earliest – only if the data warrants it. “At this time, the data does not justify this.”For Fed Chairman…
Kazuo Ueda, Governor of the Bank of Japan.Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets were poised to decline ahead of central bank monetary policy decisions from the Bank of Japan and the Reserve Bank of Australia.All eyes will be on the Bank of Japan amid expectations that the central bank may end its negative interest rate policy after 17 years.Economists polled by Reuters expect the central bank to raise interest rates to 0% from the current -0.1%.Separately, the Reserve Bank of Australia is expected to keep its benchmark interest rate at 4.35% for the third meeting in a row.the Standard…
BYD electric vehicles waiting to be loaded onto a ship are shown stacked at the international container terminal at Taicang Port in Suzhou, east China's Jiangsu Province on February 8, 2024.STR | AFP | Getty ImagesIn the race against Tesla For the global electric vehicle market, the Chinese automaker BYD It is pushing hard abroad despite high barriers to the US market.The Shenzhen-based company has already tested the waters in a number of countries and achieved some immediate sales success, often only a year after its entry. Given political uncertainty over Chinese electric vehicle exports to key markets such as…
Republican presidential candidate and former President Donald Trump speaks at a campaign rally on Saturday, March 16, 2024, in Vandalia, Ohio. (AP Photo/Jeff Dean) (Jeff Dean/Associated Press) Did Trump literally threaten a 'bloodbath'? No, and claiming he did it only helps his campaign Editorial, 2024 elections Jonah Goldberg March 18, 2024 At a rally in Ohio on Saturday, Donald Trump said that if he is not elected in November, there will be a bloodbath.That much said is true. But after I actually read the text of his statements, I don't think he was threatening: Elect me president or the streets…
Analysts say this is likely more of a one-time event than a sign that LP's interest in the project is waning. Los Angeles The County Employees Retirement Association (LACERA) voted to reduce the scope of its venture capital allocation at its March 13 meeting. The Board of Investments voted to reduce the range of its allocation to venture capital and growth stocks from between 15% and 30% of the pension system's private equity portfolio, to between 5% and 25%. LACERA's venture portfolio currently stands at 10.8% of its private equity portfolio. It's a somewhat puzzling move, as this sub-segment has…
The mother of a 5-year-old boy who was found dead in a suitcase nearly two years ago in Indiana has been arrested in Arcadia in connection with his murder, according to authorities. Dejaune L. Anderson was arrested Thursday by the U.S. Marshals Service on charges of murder, neglect of a dependent resulting in death and obstruction of justice, Indiana State Police Sgt. Carrie Holz told The Times.Authorities received a report from a “concerned citizen,” Holz said, and Anderson was arrested while trying to board the train. He declined to say more about how to report this to the authorities. On…
Some lawsuits are won by smart lawyers and others are won on the facts. But nothing signifies success as much as the ability to choose your own judge.That's the lesson learned by conservative activists who have moved in federal courts to strike down government programs and policies on abortion, contraception, immigration, gun control, student loan relief, and vaccine mandates, among other issues. In recent years, they manipulated the judicial system so that their lawsuits would be heard by judges they knew would see things their way. This process is known as “judge shopping,” and the commission that sets policy for…