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Bitcoin fans latch onto ‘ridiculous’ Jane Street conspiracy to explain price slump | Fortune

It’s been a bad few months for Bitcoin, as prices have fallen over 40% since October. For investors this has been especially frustrating since, unlike in previous downturns, there has no obvious explanation for the market malaise. This week,...

Despite the constant ‘job apocalypse’ warnings, computer science graduates are actually on track to earn $81,000 right out of college | Fortune

With warnings of a white-collar “jobpocalypse” growing louder, the outlook for Gen Z college graduates can seem bleak. Among aspiring tech workers in particular, the anxiety has been especially intense. Coding tasks once left to junior developers can now...

Inconvenient fact about the Epstein files: they’re missing Trump mentions that have appeared in the press | Fortune

The Justice Department said Wednesday that it was looking into whether it had improperly withheld documents from the Jeffrey Epstein files after several news organizations reported that some records involving uncorroborated accusations made by a woman against President Donald Trump were...

‘I sell millions of Halloween costumes to Americans—here’s my take on tariffs’ | Fortune

For pranksters of a certain age, Fraser Smeaton is a hero. With his brother, Ali, and former roommate, Gregor Lawson, the Scottish business leader is the founder of Morph Costumes. Morph is a UK costume company that launched a...

‘If I was 18 now, there is no way I would go to university only to leave with huge debts and poor job prospects,’...

As artificial intelligence (AI) threatens the white-collar job market and the cost of living continues to skyrocket, and while doomsday essays about white-collar job loss go viral—including those by Citrini Research and by Matt Shumer—a top global strategist has...

McKinsey studied 61 growth companies that outperformed their peers through COVID, inflation, and labor shocks. Here’s what they all had in common | Fortune

Did you know Walmart’s advertising business accounted for about 30% of the company’s operating profit last year? Did you even know that Walmart has an advertising business?That stunning fact, unknown to many people (including me), exemplifies the conclusion of...

Nvidia’s Jensen Huang says tech’s $700 billion AI capex is just the start of something far bigger | Fortune

Nvidia CEO Jensen Huang’s comments on his company’s Q4 earnings call on Wednesday may one day be remembered as the peak of the AI bubble—the classic moment that occurs in every bubble when hubris and self-delusion overtake common sense.For...

In Nvidia we trust — ‘The agentic AI inflection point has arrived’ says CEO Jensen Huang | Fortune

Once again, Nvidia CEO Jensen Huang had a simple response for investors who are worried that the AI spending race might be overblown.During the $4.8-trillion-valuation chip supplier’s earnings call on Wednesday, analysts pressed Huang on whether major cloud...

Circle shares surge after surprise earnings beat shows strong demand for stablecoins | Fortune

The crypto industry, which has been slumping for months, got a jolt of good news when Circle announced earnings on Wednesday morning. The stablecoin issuer revealed its revenue increased by 77% in the fourth quarter compared to a year...

One man accidentally gained access to thousands of robot vacuums, exposing the AI cyber nightmare risk facing millions of Americans | Fortune

When software engineer Sammy Azdoufal sat down to steer his new DJI Romo robot vacuum with a PlayStation 5 video game controller, he didn’t expect to accidentally commandeer a global surveillance network. Using an AI coding assistant to reverse-engineer...
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American citizen among those killed in Cuba boat shooting, US official says

Cuba has accused those on board of planning "an infiltration with terrorist aims” and firing first. Source link
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