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Five takeaways from Biden’s BBC interview Five takeaways from Biden’s BBC interview Watch: Biden’s first interview since leaving the White House Former US President Joe Biden has given his first in-depth interview since he left the White House in January, speaking to the BBC about his legacy, foreign policy and his view of President Donald Trump’s first 100 days. He said that he had few regrets, but he offered grave warnings about global affairs as Europe marks 80 years since the end of World War Two on the continent. Biden spent much of his time in public office – as a senator, vice-president and president – focusing on US foreign policy, and it remains a top concern. The former president also reflected on his decision to drop out of the 2024 election race – but he had less to say about any mistakes he and the Democrats may have made along the way. Here are five key takeaways from his interview with Nick Robinson for BBC Radio 4’s Today programme. He admits decision to quit 2024 race was ‘difficult’ Biden: Withdrawing from 2024 race earlier ‘wouldn’t have mattered’ Biden’s ill-fated decision to seek a second presidential term may haunt Democrats for a generation. Three months removed from power, however, the former president said he didn’t think “it would have mattered” if he had abandoned his re-election ambitions earlier, before a disastrous debate forced his hand in July 2024. Kamala Harris, who became the nominee after Biden dropped out just four months before the election, was a “good candidate” who was “fully funded”, he said. Democratic strategists have lamented that the last-minute handover left their campaign flat-footed, ultimately aiding Trump’s path to the White House, even as Democrats held a financial advantage in the 2024 race. Biden boasted of being “so successful on our agenda” – a reference to the major legislation enacted in his first two years in office on the environment, infrastructure and social spending, as well as the better-than-expected Democratic performance in the 2022 midterm elections. “It was hard to say now I’m going to stop,” he said. “Things moved so quickly that it made it difficult to walk away.” Ultimately, quitting was “the right decision”, he said, but it was “just a difficult decision”. A stark accusation of ‘modern-day appeasement’ Biden described the Trump administration’s suggestion that Ukraine give up territory as part of a peace deal with Russia as “modern-day appeasement” – a reference to European allies that allowed Adolf Hitler to annex Czechoslovakia in the 1930s in an ill-fated attempt to prevent a continent-wide conflict. “I just don’t understand how people think that if we allow a dictator, a thug, to decide he’s going to take significant portions of land that aren’t his, that that’s going to satisfy him. I don’t quite understand,” Biden said of Russian President Vladimir Putin. The term “appeasement” gets kicked around a lot in American politics, and the list of foreign leaders compared with modern-day “Hitlers” is a long one. Though Biden’s repeated assertion that Russian tanks would be rolling through central Europe if America and its allies didn’t support Ukraine is impossible to prove, he views the threat posed by Putin as serious and worthy of the comparison. Biden also said that if the US allowed a peace deal that favoured Russia, Putin’s neighbours would be under economic, military and political pressure to accommodate Moscow’s will in other ways. In his view, the promise of American support to European allies becomes less believable and less of a deterrent. Watch: Biden says Trump’s approach to Ukraine war is “modern-day appeasement” US-Europe alliance at risk Under Biden, the US helped expand the Nato to include Finland and Sweden – one of the former president’s signature foreign policy achievements. Now, he says Trump is turning his back on America’s European allies and threatening the very foundations of Nato and its mutual defence agreement. The former president described the thought of Nato breaking apart as a “grave concern”. Already, he warned, US allies were doubting American leadership. “I think it would change the modern history of the world if that occurs,” he said. “We are not the essential nation, but we are the only nation in position to have the capacity to bring people together to lead the world.” There are some in Trump’s circle – perhaps including the president himself – who believe that a more restrained America, less concerned with global security and more focused on regional self-sufficiency, is best way to ensure long-term prosperity in a world of competing global powers. They argue that America’s post-Cold War dominance was a historical anomaly. Biden, whose political career spans those decades of American supremacy, disagrees. Greenland, Canada and the Panama Canal: ‘What the hell’s going on here?’ In his interview, Biden sounded like most modern American presidents before him. He used words like freedom, democracy and opportunity to describe American principles. But in Biden’s view, those principles also include a sense of decorum, especially towards long-standing allies. He said Trump’s February meeting-turned-argument with Ukrainian President Volodymyr Zelensky in the Oval Office was “sort of beneath America”. He argued Trump’s territorial designs on Canada, Greenland and the Panama Canal were “not who we are”. “What president ever talks like that? That’s not who we are. We’re about freedom, democracy, opportunity, not about confiscation,” he said. A tepid response to Trump’s first 100 days When asked about Trump’s first 100 days in office – which included dramatic attempts to expand presidential power – Biden said he would let history judge his successor, but “I don’t see anything that’s triumphant”. It was the kind of understatement that surely will irk some on the left. Since the start of Trump’s second term, rank-and-file Democrats have been clamouring for their party to do more to resist the president’s agenda. Biden said he didn’t think Trump would succeed in flouting courts or the law, or diminishing congressional power, in part because the president’s fellow Republicans are “waking up to what Trump is about”. “I don’t think he’ll succeed in that effort,” he said. The idea that members of Trump’s own party will turn on him is a recurring one for Biden. In 2019, he predicted there would be an “epiphany” among Republicans once Trump was out of the White House, ushering in a new era of bipartisanship. It didn’t exactly work out that way in 2024. Source link #takeaways #Bidens #BBC #interview Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Cardinals hold final mass at St Peter’s Basilica in the ******** before conclave to elect next pope Cardinals hold final mass at St Peter’s Basilica in the ******** before conclave to elect next pope Cardinals from five continents held a final mass in St Peter’s Basilica in the ******** on Wednesday before sealing themselves away to elect a new pope to lead the world’s 1.4 billion Catholics. A total of 133 cardinal electors are expected to take part in the conclave, the voting process to pick a successor to Pope Francis, who died last month after a 12-year papacy. No clear frontrunner has emerged from among the prelates — representing a range of progressive and conservative traditions within the Church — and the contest to lead the 2,000-year-old institution appears wide open. In a time of geopolitical uncertainty, the new pope faces diplomatic balancing acts, as well as Church infighting, the continued fall-out from the clerical child abuse scandal, and — in the West — increasingly empty pews. The “Princes of the Church” began a pre-conclave mass in St Peter’s Basilica at 10:00 am (4pm Perth time), presided over by the dean of the College of Cardinals, Giovanni Battista Re. It was the last rite to be celebrated publicly before the Church’s 267th pope is presented to the world from a balcony of St Peter’s Basilica, likely several days later. Both Francis and his predecessor Benedict XVI were elected within two days, but the longest papal election in Church history lasted 1,006 days, from 1268 to 1271. With clerics from around 70 countries, this conclave is the largest ever, and the next pontiff will have to secure at least 89 votes — a two-thirds majority. The cardinals, who must be younger than 80 to take part, are staying at the ********’s Santa Marta guesthouse — where Francis used to live — and Santa Marta Vecchia, a building next door usually housing ******** officials. At 3:45pm (9.45pm Perth time) they will set off from Santa Marta to gather at the Pauline Chapel of the Apostolic Palace, where a prayer will be held from 4:30 pm (10.30pm). They then proceed into the 15th-century Sistine Chapel for the conclave, which is “one of the most secret and mysterious events in the world”, the ******** said on Tuesday. Under a ceiling of frescoes painted by Michelangelo, Italian Cardinal Pietro Parolin — the senior elector — will call on God to give the cardinals “the spirit of intelligence, truth and peace” needed for their task. Parolin, a frontrunner who was Francis’s number two as secretary of state, will then lead the cardinals in chanting the Latin invocation of the Holy Spirit: “Veni, Creator Spiritus”. The cardinals have spent days discussing the most pressing challenges facing the Catholic Church and the character traits its new leader needs. Burning issues include falling priest numbers, the role of women, the ********’s troubled balance sheets and how to adapt the Church to the modern world. Some 80 percent of the cardinals were appointed by Francis — an impulsive, charismatic champion of the downtrodden. But while interviews in the run-up suggested that some cardinals favour a leader able to protect and develop his legacy, others want a more conservative defender of doctrine. More than a dozen names are circulating, from Italian Pierbattista Pizzaballa to Hungary’s Peter Erdo and Sri Lanka’s Malcolm Ranjith. We may never know how close a race it is. Having surrendered mobile phones, the red-robed cardinals will swear an oath to keep the conclave’s secrets. They also each pledge to “faithfully” serve as pope should they be chosen, before the master of liturgical ceremonies says “Extra omnes” (“Everyone out”). Once the doors close, the cardinals fill out ballots marked “Eligo in Summum Pontificem” (“I elect as Supreme Pontiff”). They then carry them, folded, and place them on a silver plate which is used to tip them into an urn, set on a table in front of Michelangelo’s Last Judgment. The cardinals traditionally cast just one ballot on the first evening, burning the votes along with a chemical that produces ****** smoke if there is no decision, white for a new pope. Outside, hundreds of the faithful have gathered on St Peter’s Square, all eyes trained on the Sistine Chapel chimney, with news of the first vote expected by early evening Wednesday. Source link #Cardinals #hold #final #mass #Peters #Basilica #******** #conclave #elect #pope Pelican News View the full article at [Hidden Content]

The winners and losers (so far) of the 2025 Florida legislative session The winners and losers (so far) of the 2025 Florida legislative session There was high drama, big swings, and a few head-scratchers. Florida’s 2025 legislative session wrapped (temporarily) with culture wars, environmental wins, and some surprise upsets. Florida lawmakers still must return to the Capitol to finalize a state budget and tax cuts, but most other policy matters were settled when the clock ran out on the two-month session May 2. With the session now extended till June 6, the Legislature is set to return to Tallahassee as early as May 12. (So yes, this list is admittedly incomplete.) But the main stage is cleared — and the scorecards are in. In no particular order, here’s who walked away grinning, and who (or what) got left in the dust. Winners Sen. Lori Berman: After State Sen. Jason Pizzo proclaimed the Democratic Party “dead” and stepped down as the party’s Senate leader, legislators chose a new leader: Lori Berman. The Boca ****** senator has been elected for consecutive terms since 2018 and served in the House eight years before that. Berman, an attorney, is known for her work with those across the aisle and for passing bipartisan legislation. “We may not hold the majority, but we have something just as powerful — a vision, rooted in fairness, in justice, in equality, and in care,” Berman told her Democratic colleagues. Gulf of America: It was smooth sailing for this Trump-mandated name change. The Gulf of America, formerly the Gulf of Mexico, will be used in state statute and across state agencies. And schools across the state, as they replace their educational materials, will have to purchase books that include “Gulf of America.” In late April on social media, the White House posted “Christopher Columbus is so back.” Is he next? Apalachicola River: The House and Senate agreed to a measure that prohibits the Florida Department of Environmental Protection from issuing oil and gas drilling permits within 10 miles of the Apalachicola National Estuarine Research Reserve – or about the final 52 miles of the Apalachicola River, internationally recognized for an unusual abundance of reptiles, amphibians, and rare plant habitats. Condo owners: Residents facing higher costs under a 2022 law passed after the Champlain Towers South collapse in Surfside drew a break as lawmakers reshaped the measure. This year’s changes allow some condo associations to fund their maintenance reserves through a line of credit or loan; gain more authority to pause reserve payments while prioritizing needed repairs; and extends deadlines for when associations must complete structural integrity studies. Walton County beachgoers: A 2018 state law was repealed that critics said had empowered beachfront property owners who contended their stretch of sand was off limits to the public. If the repeal is signed into law, the county commission could now take action to declare the county’s 26 miles of beach open to all beachgoers. State park fans: A year after a Department of Environmental Protection proposal surfaced aimed at opening state parks to a wide range of questionable attractions, lawmakers responded to public outrage by approving a measure that would prevent adding golf courses, resort-style lodges and pickleball courts to state parks. The bill is intended to maintain “conservation-based recreational uses” at state parks. Wrongfully imprisoned: A law on the books that kept dozens of people wrongfully imprisoned from receiving compensation for years spent behind bars was eliminated. Lawmakers eliminated a so-called “clean hands” standard that made a former inmate ineligible from receiving paid compensation for being locked up if they were previously convicted of a violent felony or more than one non-violent felony. Medical malpractice families: The Legislature overturned a law in place since 1990 that prevented some families from suing for medical malpractice if their loved one died due to medical negligence and was over 25, unmarried, and had no children under 25. Children and parents, regardless of age, would now be able to file lawsuits seeking compensation for pain and suffering if their family member dies as a result of medical malpractice. Opponents of the repeal had argued that it could lead to increased medical malpractice insurance premiums. Utility workers: Criminal sanctions were strengthened and reclassified against anyone convicted of assaulting a utility worker on duty restoring power or performing other work, a measure that grew out of some recent high-profile attacks. Holocaust remembrance: January 27 has been declared Holocaust Remembrance Day in Florida. Florida farmers: A Florida farm bill was approved that expands access to housing for agricultural workers, as required by the H-2A visa program, along with tax exemptions and fuel-access guarantees during emergencies. Immigration services: Certain advertising was banned considered deceptive to individuals with limited English proficiency and seeking immigration-related services. Lawmakers prohibited the use of such misleading titles as “notario publico,” immigration consultant or immigration specialist that may imply legal qualifications that are lacking. Horse breeders: An attempt to decouple live horse racing and gambling didn’t make it to a vote on the House floor. Florida’s thoroughbred industry lobbied hard against the measure, arguing it would weaken the state’s economy, even though horse breeding is on the decline. Property insurance companies: A bill to rollback the 2022 law eliminating one-way attorney fees for homeowners suing their insurer in a dispute over a claim failed to pass. Trial attorneys and consumer advocates say the statute and the fees are needed to ensure homeowners receive a good lawyer if they get stiffed or underpaid on a claim. Insurers, though, said frivolous lawsuits were driving up losses and therefore, premiums. The bill passed through two committees in the House but failed to move in the Senate. Losers Late sleeping teens: Lawmakers backed off a 2023 law intended to prohibit high schools from starting classes earlier than 8:30 a.m., to give teens more sleep time. While the law wasn’t scheduled to take effect until 2026, several counties complained that the time restriction made it harder to hire school bus drivers. The related later end of the school day also could affect after-school activities and family childcare, opponents said. Kids who like their cell phones: Students in elementary and middle schools would be barred from using cell phones during the school day, with a pilot testing program of the ban also set for high schools in six counties. Current law prevents students from using cellphones during instructional time, but the change would expand that prohibition to throughout the school day in lower- and middle-grades. Flag watchers: A perennial culture war demand that government officials be banned from flying Pride flags, ****** Lives Matter and other banners with a “political viewpoint,” from public buildings failed when its prime sponsor, Sen. ****** Fine, R-Melbourne, left the Legislature in April because of his election to Congress. DEI opponents: The state has done plenty in recent years to attack and limit diversity, equity and inclusion in schools and the workplace. But this year, bills failed that would’ve banned cities and counties from following DEI guidelines and prohibit state contractors and grant-holders from using state funds for DEI. People with tooth decay: Florida could become the second state in the nation to ban fluoride in public drinking water, following Utah. The ban would prohibit cities and counties from adding fluoride to public water sources. Fluoride is considered helpful in preventing dental cavities, but Gov. Ron DeSantis declared it “forced medication.” Citizens’ ballot groups: Ballot initiatives in Florida will now face tougher rules. Organizations must meet higher financial requirements and risk steep fines if signatures aren’t submitted to elections officials within 10 days. Some felons, non-Floridians, and noncitizens are barred from collecting signatures, while paid gatherers must register and complete training. Fines for late submissions could reach thousands. Also, the governor is now banned from using taxpayer funds to support or oppose ballot measures—a response to DeSantis’ actions last year. President Trump’s election ID requirements: A bill following a White House executive order requiring prospective voters to show proof of U.S. citizenship to register to vote failed amid protests. Voter groups warned the Florida measure’s demands would create obstacles that could block thousands of Floridians from casting ballots. The bill also would’ve required that, next year, Florida drivers’ licenses would display whether the holder is a U.S. citizen. Babysitters: Candidates still won’t be able to use campaign donations to pay for child care when they’re participating in campaign events, canvassing, participating in debates, and meeting with constituents or donors. The Senate version of the bill was unanimously passed in two committee meetings, but the House version never even got a hearing. There are 13 states that have laws that allow campaign donations to be used to pay for child care, but Florida won’t be joining them any time soon. Gun advocates: A push to roll back a ban on people under age 21 from buying rifles, including AR-15s, failed, upholding a measure that was approved following the 2018 massacre at Marjory Stoneman Douglas High School. Cheap labor seekers: Efforts failed to let teens work longer hours on school nights and carve an exemption in the state’s minimum wage for people working in internships, as apprentices or work-study positions. Immigration crackdown supporters: A measure failed that would’ve required small business to use the E-Verify database to check workers’ legal status. Property insurance skeptics: House-supported efforts failed to further regulate property insurers on how they can move money between affiliated companies. Hemp: A year after Gov. Ron DeSantis vetoed a hemp regulation bill, lawmakers this year failed to agree on measures intended to impose stricter regulations on the ***** and production of euphoria-inducing hemp products. Hope Florida: The House spent a large part of the session exposing how the foundation behind First Lady Casey DeSantis’ social services initiative may have been used as a funnel to get at least $8.5 million connected to a Medicaid settlement to the coffers of political committees opposing ballot questions on abortion and adult-use pot. No surprise, legislation that would’ve made Hope Florida a permanent part of the governor’s office failed to gain traction. Open presidential searches: A push to repeal a 2022 law and again make university presidential searches open to the public failed. As before, only the name of finalists are public. What’d we miss? Let us know. Send an email to *****@*****.tld. This article originally appeared on Tallahassee Democrat: Thrill of victory, agony of defeat in 2025 Florida legislative session Source link #winners #losers #Florida #legislative #session Pelican News View the full article at [Hidden Content]

Is this South Beach institution actually in GTA 6? Is this South Beach institution actually in GTA 6? Rockstars version of Miami seems a lot like the real thing Source link #South #Beach #institution #GTA Pelican News View the full article at [Hidden Content]

Taiwan dollar surge ‘a warning’ in Asia’s de-dollarisation trend: analysts – South China Morning Post Taiwan dollar surge ‘a warning’ in Asia’s de-dollarisation trend: analysts – South China Morning Post Taiwan dollar surge ‘a warning’ in Asia’s de-dollarisation trend: analysts South China Morning Post’Asian crisis in reverse’ as currencies soar on the dollar ReutersTaiwan Currency Shock Splits Insurers on How to Hedge US Bonds Bloomberg.comTaiwanese troubles; Formosa bonds and US interest rate volatility Financial TimesDollar’s Plunge Evokes ’90s Asian Currency Crisis. How Stocks Could Suffer. Barron’s Source link #Taiwan #dollar #surge #warning #Asias #dedollarisation #trend #analysts #South #China #Morning #Post Pelican News View the full article at [Hidden Content]

South of Midnight Review – Captures the Souths Spirit, But Not Much Else – MonsterVine South of Midnight Review – Captures the Souths Spirit, But Not Much Else – MonsterVine MonsterVine: “South of Midnight blends Southern Gothic storytelling with platforming and combat, but despite its standout art style and regional flair, the gameplay never rises above just fine.” Source link #South #Midnight #Review #Captures #Souths #Spirit #MonsterVine Pelican News View the full article at [Hidden Content]

AMD posts highest quarter result ever — Strong CPU sales, but GPUs and gaming trail behind AMD posts highest quarter result ever — Strong CPU sales, but GPUs and gaming trail behind Late on Tuesday, AMD announced its financial results for the first quarter of fiscal 2025, posting its highest quarterly revenue ever. The company’s results were driven by sales of expensive client and datacenter CPUs as well as improved sales of Instinct MI300-series AI accelerators. However, the company’s gaming earnings dropped mainly due to the slowdown of console sales. But while the company’s revenues in Q1 set records, AMD warned that the U.S. export tariffs may hit its sales by around $1.5 billion in 2025. AMD posted a revenue of $7.438 billion for the first quarter of 2025, up 36% year-over-year. When it comes to earnings, this is the best quarter posted by AMD throughout its history. In fact, it is more than AMD earned for the whole year 2019. AMD’s gross profit totaled $3.736 billion, whereas its net income achieved $709 million for the quarter (up a whopping 2,139% for the same quarter a year ago) as its gross margin hit 50%. Image 1 of 2 (Image credit: AMD) (Image credit: AMD) “We delivered an outstanding start to 2025 as year-over-year growth accelerated for the fourth consecutive quarter driven by strength in our core businesses and expanding data center and AI momentum,” said Dr. Lisa Su, AMD chair and CEO. “Despite the dynamic macro and regulatory environment, our first quarter results and second quarter outlook highlight the strength of our differentiated product portfolio and consistent execution positioning us well for strong growth in 2025.” In the first quarter, AMD’s Client and Gaming division generated $2.9 billion in revenue, reflecting a 28% increase compared to the same ******* last year. The Client subsegment contributed $2.3 billion, marking a 68% rise year-on-year, largely fueled by high interest in the latest generation of Ryzen AI processors and a product mix that included more premium parts (such as Ryzen 9000 X3D for desktops and Ryzen AI 300-series for laptops). (Image credit: AMD) In contrast, revenue from the Gaming subsegment declined 30% to $647 million, mainly due to reduced contributions from AMD’s semi-custom system-on-chips for Microsoft Xbox and Sony PlayStation game consoles. Nonetheless, AMD expressed optimism about sales of its latest Radeon RX 9070-series graphics cards for desktop PCs based on the RDNA 4 architecture. AMD’s Data Center division reported $3.7 billion in revenue in Q1 2025, reflecting a 57% rise compared to the same quarter last year. This sharp increase was primarily fueled by continued momentum in server processor, particularly the 5th Generation EPYC CPUs. Nonetheless, AMD says that sales of its Instinct MI300-series accelerators for AI also inreased. Specifically, AMD, highlighted new deployments of of its AI GPUs with Core42, Oracle, and Siemens. (Image credit: AMD) AMD’s Embedded products unit generated $823 million in the first quarter, a 3% decrease from the prior year. This decline reflected varied conditions across end markets, with some areas showing strength while others struggling. Specifically, the launch of the EPYC Embedded 9005 processors, which are being integrated into IBM’s latest storage systems and Cisco’s high-end network security appliances, positively affected performance of the division. In addition, AMD also began shipments of Spartan UltraScale+ FPGAs and second-generation Versal AI Edge SoCs. However, demand for other products was a mixed bag. Get Tom’s Hardware’s best news and in-depth reviews, straight to your inbox. (Image credit: AMD) Looking ahead to the second quarter of 2025, AMD anticipates revenue to be around $7.4 billion ±$300 million. However, the company’s profitability is expected to be impacted by a one-time $800 million inventory-related charge tied to the recently imposed U.S. export controls, which will lower the reported gross margin to around 43%. Without this adjustment, the gross margin would be around 54%. (Image credit: AMD) Source link #AMD #posts #highest #quarter #result #Strong #CPU #sales #GPUs #gaming #trail Pelican News View the full article at [Hidden Content]

Government worker allegedly stole $49,000 to pay for multiple overseas trips Government worker allegedly stole $49,000 to pay for multiple overseas trips A government employee allegedly spent $49,000 in public funds to pay for multiple personal trips over 14 months. The AFP began investigating the Sydney woman in June 2024 after receiving a report regarding the government worker. Police allege the woman used public funds to pay for flights and accommodation in connection to four overseas trips costing almost $50,000. It was also alleged she used a fake visa letter to support her claim she was travelling for work and arranged a fake document for a foreign national to obtain a visa for entry into Australia. Camera IconPolice allege the Sydney woman used the stolen public funds to pay for flights and accommodation for four overseas trips. NewsWire / Jeremy Piper Credit: News Corp Australia AFP officers executed a search warrant at the woman’s home in December last year. She was charged with dishonestly gaining money from a Commonwealth entity, abusing public office and delivering a false document in connection with the proposed entry of a non-citizen into Australia with a visa application. The woman fronted the Downing Centre Local Court Tuesday charged to face the offences and was granted conditional bail. She is due to appear before the same court on July 2. Source link #Government #worker #allegedly #stole #pay #multiple #overseas #trips Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

EA suggests it has no plans to raise game prices yet despite others doing so EA suggests it has no plans to raise game prices yet despite others doing so Electronic Arts has suggested it has no plans to raise the price of its games in the wake of other companies doing the same. During a Q&A in its Q4 and FY2025 Earnings Conference Call, one caller asked EA‘s execs how the company it considered the “pricing power” of its IP and whether it was considering “taking a similar approach” to other companies announcing games at higher price points. EA CEO Andrew Wilson replied that the company’s main goals are to ensure players enjoy the games they play, but also feel like they’re getting value for their money. “Our business is very different today than it was even just 10 years ago,” Wilson explained. “In a world where everything we did 10 years was about selling shiny discs in plastic boxes in retail shelves, while that’s still a part of our business it’s a significantly smaller part of our business, and we now have pricing representing everything from free-to-play all the way to Deluxe Editions and beyond. “At the end of the day, whether we’re doing something that costs a dollar, or we’re doing something that costs $10, or we’re doing something that costs $100, our objective is always delivering incredible quality and exponential value to our player base. “And what we’ve discovered over the course of time is whether we can marry quality and value together, our business is strong, resilient and continues to grow.” To clarify, EA CFO then added: “From a games perspective we put out, we have reflected no changes in our current strategy at this point.” Nintendo raised eyebrows earlier this year when it announced that its upcoming Switch 2 game Mario Kart World will cost $80, while Donkey Kong Bananza will cost $70. Microsoft followed suit last week when, while announcing price increases for its Xbox consoles, it also added that it will start charging $80 for some of its first-party games later this year, an announcement that many have assumed will include the next Call of Duty. Source link #suggests #plans #raise #game #prices Pelican News View the full article at [Hidden Content]

This keyboard maker is a buy thanks to strong Generation Alpha gaming trends, UBS says This keyboard maker is a buy thanks to strong Generation Alpha gaming trends, UBS says UBS is betting on Logitech going forward. The bank upgraded shares of the computer accessories manufacturer to buy rating from neutral. Its price target on Switzerland-listed shares of 80 Swiss francs implies upside of 26.1%. A similar gain on the U.S.-listed stock would take it to around $96.50. Logitech’s U.S.-listed shares have slipped 7% this year, making them a relative underperformer to the S & P 500, which is down 4%. “The share price has come down already, reflecting investor uncertainties, and we look through some challenging quarters,” analyst Joern Iffert wrote. “Margins and cash flows will remain on healthy levels, in our view, supported by pricing power in key products and optimized regional sourcing (away from China).” LOGI 1Y mountain LOGI 1Y stock Iffert pointed out that Logitech should be a beneficiary of gaming popularity among Generation Alpha consumers, who were born between 2010 and 2024. Approximately 94% of the generation play video games, marking a higher level of engagement versus previous generations, per UBS. “Consumer brands increasingly use gaming channels to connect to end consumers,” Iffert added. “Gamers are more likely to buy brands that they have seen in a game, with 47% of Gen Alpha stating that they bought a product or service recommended by their favorite streamer. On top of that, Logitech is already taking steps to reduce its sourcing from China. The analyst said the company’s recent internal reorganization to “better tackle the B2B business prospects” should soon yield fruit. Despite the upgrade, most analysts are neutral on the stock. Of the eight who cover Logitech, six rate it as a hold, LSEG data shows. Another two have buy ratings on shares. Logitech U.S. listed shares climbed more than 1% in the premarket after UBS’ rating change. Source link #keyboard #maker #buy #strong #Generation #Alpha #gaming #trends #UBS Pelican News View the full article at [Hidden Content]

A popular Knoxville restaurant reopens 14 months after kitchen fire became an ‘inferno’ A popular Knoxville restaurant reopens 14 months after kitchen fire became an ‘inferno’ The Burlington branch of Buddy’s Bar-B-Q has reopened more than a year after it nearly burnt to the ground. The 3700 Magnolia Ave. restaurant first opened in 1983 as just the third Buddy’s Bar-B-Q, a third-generation restaurant brand with 19 locations across East Tennessee. Buddy’s CEO Mark Lemoncelli said the community response to the returning restaurant has been as if a brand-new location were opening. In February 2024, the Buddy’s in Burlington suffered a kitchen fire that engulfed the building in flames. “The manager had just left the building, and it basically turned into a giant inferno,” Lemoncelli said. “It just took on a life of its own.” This location didn’t look like the other Buddy’s. It had a flatter, square-like roof and was missing the recognizable red top. The building was minutes away from completely collapsing during the fire, Lemoncelli said. Buddy’s Bar-B-Q rebuilt its Magnolia Avenue restaurant in the Burlington neighborhood after a 2024 fire. Once the fire was put out, he knew the restaurant would need to be mostly redone. The location was closed for 14 months, Lemoncelli said, since “they had to go down to four walls and rebuild.” This Buddy’s now has the iconic red roof, along with interior renovations and kitchen upgrades. More than 60% of the staff that worked at Buddy’s before the fire returned after the restaurant reopened April 28, Lemoncelli said. “They know a lot of the community that comes in,” he said. “It’s been good to see. It’s been encouraging.” Buddy’s CEO also reopens Jason’s Deli on the Strip Lemoncelli also is the franchise owner of Jason’s Deli at 2106 Cumberland Ave., which returned to the Strip in April after being closed more than four years. The nationwide sandwich chain had to close its campus-area restaurant in December 2020 after developers began buying up real estate on Cumberland Avenue to make way for more private housing for University of Tennessee at Knoxville students. Jason’s Deli has reopened on the same block but is now inside the new Union Knoxville building, a student housing project backed by global real estate firm Greystar. In 2021, the strip mall that housed Jason’s Deli, Subway and Domino’s in the 2100 block of Cumberland Avenue was demolished to make way for the apartments. Joanna Hayes is the restaurant and retail reporter. Email: *****@*****.tld. | Sign up for the free Eat65 newsletter Support strong local journalism by subscribing at subscribe.knoxnews.com. This article originally appeared on Knoxville News Sentinel: Knoxville restaurant Buddy’s Bar-B-Q reopens after Magnolia Avenue fire Source link #popular #Knoxville #restaurant #reopens #months #kitchen #fire #inferno Pelican News View the full article at [Hidden Content]

Electronic Arts Claims “Strong” End of Fiscal Year as Split Fiction Has Sold Nearly 4 Million Units Electronic Arts Claims “Strong” End of Fiscal Year as Split Fiction Has Sold Nearly 4 Million Units Today, Electronic Arts announced its financial results for the fourth quarter of its fiscal year 2025, alongside the full year. Split Fiction has sold nearly 4 million copies, and the next battlefield is confirmed for a release by March 2026 with a reveal this Summer. Source link #Electronic #Arts #Claims #Strong #Fiscal #Year #Split #Fiction #Sold #Million #Units Pelican News View the full article at [Hidden Content]

Biden accuses Trump of "modern-day appeasement" over Russia-Ukraine war – Axios Biden accuses Trump of "modern-day appeasement" over Russia-Ukraine war – Axios Biden accuses Trump of “modern-day appeasement” over Russia-Ukraine war AxiosTrump appeasing Putin with pressure on Ukraine, Biden tells BBC BBCThe Bulletin May 7, 2025 NewsweekJoe Biden slams Trump for ‘foolish’ appeasement of Putin NBC NewsBiden accuses Trump of ‘modern-day appeasement’ towards Russia The Guardian Source link #Biden #accuses #Trump #quotmodernday #appeasementquot #RussiaUkraine #war #Axios Pelican News View the full article at [Hidden Content]

EA says it ‘feels very good’ about Battlefield’s release now that GTA 6 has been delayed EA says it ‘feels very good’ about Battlefield’s release now that GTA 6 has been delayed The CEO of Electronic Arts says the company feels better about the upcoming release of its next Battlefield game, now that Grand Theft Auto 6 has been delayed. Andrew Wilson confirmed during the company’s financial results that the next Battlefield will release by March 2026, with a full public reveal due to take place this summer. This came just days after Rockstar announced that its planned 2025 release for Grand Theft Auto 6 had now been delayed, with a new release date of May 26, 2026. In an investor Q&A following EA‘s financial presentation, one caller asked how EA saw the rest of the games industry positioning its potential releases over the next few months now that GTA 6 is now a year away, and how the company now felt about “the competitive landscape of the Battlefield launch window and subsequent performance expectations” following Rockstar’s announcement. Wilson replied that he didn’t see many companies rushing to get games out earlier than anticipated following GTA 6’s delay, because it’s not that easy to move a release date forward. “I’m not sure I can comment on the rest of the industry and their launches or launch timings, other than to say typically today games take many years to build and develop, and it’s unlikely that if you weren’t already ready for launch in this window, it may be hard to get ready and take advantage of which might be otherwise a less competitive window than we may have anticipated earlier,” he explained. Despite this, Wilson said Battlefield is ready to release in March 2026 as announcement, giving it at least two clear months before GTA 6 is released. “Relative to Battlefield, what we have said all along is we’ve been building towards a window that we thought made the most sense for Battlefield, but we wouldn’t launch into a window that we thought truncated the value that we’ve invested into the franchise, or the value that we think our players will derive from it once they jump in and start playing,” he said. “I think now, without going too far, we believe that window is clearer than it was before and we feel very good about launching Battlefield in [financial year] 2026.” Rockstar released a statement on Friday, apologising to players for the delay of GTA 6. “With every game we have released, the goal has always been to try and exceed your expectations, and Grand Theft Auto VI is no exception,” it said. “We hope you understand that we need this extra time to deliver at the level of quality you expect and deserve.” Source link #feels #good #Battlefields #release #GTA #delayed Pelican News View the full article at [Hidden Content]

DSIT aims to bolster expertise with year-long secondments DSIT aims to bolster expertise with year-long secondments The government has put out a call to hire 25 scientists and technologists with expertise in the areas of artificial intelligence (AI), semiconductors and quantum computing to advise on policy and build technology that supports public services. The programme is based on secondment to the Department for Science, Innovation and Technology (DSIT). The goal is to recruit 25 experts on a year-long fellowship at the department to focus on driving the use of AI, bolstering tech and research policy, and driving innovation in the public sector. DSIT said the part-time secondments will help make the *** an AI powerhouse and strengthen its digital and cyber resilience, as well as secure leadership in semiconductors, advance quantum technologies and champion digital inclusion. The government’s ambition is that by shaping national strategies, DSIT fellows will help address pressing policy challenges and ensure innovation delivers tangible benefits for citizens and businesses, driving a more secure, inclusive and digitally empowered society. According to DSIT, the fellowship will offer a bridge between government and the tech sector by bringing expertise into policy-making. Discussing the fellowship, science minister Patrick Vallance said: “By harnessing expertise across academia and industry, we are embedding expert knowledge to tackle key challenges – from strengthening digital resilience to ensuring the *** leads in AI and quantum technologies. “This fellowship creates a lasting partnership between government, academia and business to unlock new solutions, accelerate progress and drive long-term growth – ensuring science and innovation remain central to shaping our economy and society.” The fellowship is open to professionals who are currently employed and who are affiliated with professional organisations, including the Royal Society, the Royal Academy of Engineering, the Academy of Medical Sciences, TechUK, the Institute of Engineering and Technology (IET) and the British Standards Institute. This is the third cohort of the fellowship, building on the success of the Expert Exchange Programme and previous Science and Technology Fellowship pilots. Alex Casson, a DSIT fellow and professor of biomedical engineering at the University of Manchester, said:  “The DSIT Fellowship has been a great opportunity to be embedded in the civil service. “I’ve learnt a huge amount about how academic advice is commissioned, and used, within government, and the many ways in which academics can engage with government. I’ll take these learnings with me when I go back to my home institution and think about potential policy impacts of my work in electronic engineering.”   The fellowship covers four areas: AI, technology, future thinking and public sector innovation. The eight placements for AI cover areas such as the sociotechnical aspects of AI, information threats, data protection and privacy, large language models and digital innovation. The eight technology fellowship placements include emerging technologies, advanced connectivity, semiconductors and critical technologies, and national security. There are five fellowship placements for future thinking, covering expertise in the quantum computing supply chain, climate security and space policy, and five public sector innovation placements, which cover areas such as digital inclusion, commercial innovation and science capabilities. The DSIT fellowship is part of a major push to almost double the number of civil servants in digital roles, which it said will help to drive innovation and deliver smarter public services. The closing date for applications is 3 June 2025. Source link #DSIT #aims #bolster #expertise #yearlong #secondments Pelican News View the full article at [Hidden Content]

Tales of the Shire: A The Lord of the Rings Game physical edition announced for PS5, Switch Tales of the Shire: A The Lord of the Rings Game physical edition announced for PS5, Switch iam8bit will distribute a physical edition of single-player life simulation game Tales of the Shire: A The Lord of the Rings Game for PlayStation 5 and Switch day and date with its digital release on July 29, publisher Private Division and developer Weta Workshop announced. Pre-orders are available now at iam8bit. Source link #Tales #Shire #Lord #Rings #Game #physical #edition #announced #PS5 #Switch Pelican News View the full article at [Hidden Content]

Software engineer taught Microsoft Copilot to analyze Windows ****** dumps Software engineer taught Microsoft Copilot to analyze Windows ****** dumps Software engineer Sven Scharmentke (AKA Svnscha) has shared a project that they say “might change ****** dump analysis forever.” The new contextual natural language conversational tool contrasts sharply with manually typing arcane commands into a terminal to analyze ****** data, which is the established modus operandi of a professional software engineer, even in 2025. Svnscha goes on to assert that the new open-source tool, available as mcp-windbg on GitHub, can go deep. The AI runs a “simply amazing” array of WinDBG/CDB commands, boosting productivity and eradicating a once tedious task. AI peddlers have developed large language models that initially targeted creative writing and have since moved to visual arts – graduating from hand-drawn style art and photorealistic creations to videos in recent times. AI has also made significant inroads into computer programming. However, most people want AI to leave the fun, creative stuff to humans and take the sting out of dull, soul-crushing, repetitive tasks. This seems to be where Svnscha’s mcp-windbg might actually succeed. In brief, the mcp-windbg tool enables AIs to interact with Microsoft’s multipurpose debugger WinDBG. Its cunning skill is in giving LLMs the ability to execute debugger commands. And, even if you have swallowed the WinDBG manual, this AI will know debugger commands better than you. Copilot will probably also interpret assembly code, decode hexadecimal, traverse structures with symbols, and other tasks much better than you. You just have to ask the right questions. Background and demos Svnscha goes into some detail about their prior frustration in debugging crashes, the lightbulb moment to involve AI, and how the mcp-windbg tool works, all in a dedicated blog post. The software engineer humbly admits the ‘hard part” of this work was implementing the CDB (Microsoft’s Command-Line Console Debugger) interaction layer, and this was done during a session “vibe-coding with two coffees on a Saturday morning.” However, the videos shared help encapsulate the leveraging of Copilot with CDB. There are two to watch on the linked blog, starting with a ****** Analysis and Automated Bugfix using Copilot, followed by an Automated ****** Dump Analysis of Multiple ****** Dump Files. What you first see shows Svnscha installing mcp-windbg, then running a Windows app that crashes. Next, GitHub Copilot is fired up and asked to find the ****** dump and fix the underlying code issue. “The AI quickly identifies that the application crashed, explains which specific conditions led to the ******, and suggests a fix,” says Svnscha. The second video is similar but shows the tool analyzing multiple files simultaneously. Get Tom’s Hardware’s best news and in-depth reviews, straight to your inbox. (Image credit: Sven Scharmentke) ‘Simple wrapper’ lifts ****** analysis from the stone age to the rocket age What this all means, in practical terms, is that mcp-windbg can enable natural language ****** analysis, contextual debugging, and root cause identification. Svnscha believes this can be a game-changer for other software engineers, support, quality assurance, and anyone else who comes into contact with ****** dumps. “It’s like going from hunting with a stone spear to using a guided missile,” Svnscha not-too-humbly boasts. However, they remind those eyeing this new tool, that it isn’t a magical coding cure-all and that a modicum of debugging knowledge is still required to make the most of what is basically a “simple Python wrapper around CDB that relies on the LLM’s WinDBG expertise.” Follow Tom’s Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button. Source link #Software #engineer #taught #Microsoft #Copilot #analyze #Windows #****** #dumps Pelican News View the full article at [Hidden Content]

When do Rhode Island public schools end? Here’s the last day of school for every district When do Rhode Island public schools end? Here’s the last day of school for every district Let the countdown to summer vacation begin. It’s getting close to the last day of school year. Rhode Island’s Department of Education states schools must have 180 days of instruction. Because of that, there’s some flexibility on when the last day of school is to make up for snow days and other potential unexpected closures during the school year. The schools end in mid-June, but exactly when fluctuates – below is a comprehensive list of start dates for all 36 public school districts, in alphabetical order. When do kids go back to school? Start dates in different states and districts can be as much as a month or more apart. Barrington June 18 is the last day for Barrington Public Schools student. June 20, 23 and 24 may be used as make up days if there are more than two snow days. Bristol-Warren Bristol-Warren Regional School District’s last day is June 18. Burrillville June 17 is the schedule last day of school for Burrillville Public Schools. June 17-23 can be used as make up days if needed. Central Falls The Central Falls Schools District‘s scheduled last day of school in June 16. Chariho June 18 marks the scheduled last day of school for the Chariho Regional School District. June 20-27 may be used as make up days. Coventry At Coventry Public Schools, the scheduled last day of school in June 12. June 13-17 could be used as make up days. Cranston Thee Cranston Public School District scheduled last day of school in June 17. Cumberland June 18 will be the last day of school for Cumberland School Department, according to an April communication from the district. East Greenwich The East Greenwich Public Schools last day of school in June 16. East Providence The scheduled last day of school for the East Providence School District is June 16. Exeter-West Greenwich In the Exeter-West Greenwich Regional School District, June 16 is scheduled for the last day of school for Lineham School, Wawaloam School and Metcalf School and June 18 is scheduled as the last day of school for Senior and Junior High School as of March 11. Foster Foster School District scheduled last day of school in June 16. Foster-Glocester Foster-Glocester Regional School District scheduled last day of school in June 13. Glocester June 13 is the scheduled last day for the Glocester School District. Potential make up days are June 16-20. Jamestown Jamestown School Department scheduled last day of school is June 18. Johnston Johnston Public School District scheduled last day is June 17. Lincoln The Lincoln Public School District scheduled last day of school is June 18. Little Compton June 18 marks the last day for the Little Compton School Department. Possible make up days are June 20, 23, 24, and 25. Middletown At the Middletown Public Schools, the last day of school is schedule for June 18. Possible make up days are June 20, 23, 24, and 25. Narragansett The Narragansett School System tentative last day of school in June 18. Newport Newport Public Schools scheduled last day of school is June 20. Possible make up days are June 23-26. New Shoreham The Block Island School District last day of school is scheduled for June 18. North Kingstown North Kingstown School Department scheduled last day of school is June 20. North Providence In the North Providence School Department, the scheduled last day of school is June 13. Pawtucket The Pawtucket School Department scheduled last day of school in June 20. Make up days are possible June 23-26. Portsmouth Portsmouth School Department scheduled last day of school in June 18. Providence The Providence Public School District tentative last day of school is June 23. Scituate Scituate Public Schools end on June 16, with the possibility of make up days. Smithfield All Smithfield Public Schools end on June 16, according to the calendar last updated on March 21. South Kingstown June 23is the last day for South Kingstown Public Schools. Tiverton Tiverton Public Schools scheduled June 12 as the last day, with June 13-18 as potential make up days. Warwick Warwick Public Schools scheduled last day of school is June 18, with potential make up days June 20-24. Westerly Westerly Public Schools‘ last day of school is June 20, as of March 17. West Warwick West Warwick Public Schools scheduled last day of school is June 13, with potential make up days June 16-20. Woonsocket In the Woonsocket Education Department, the last day of school is June 16, with snow days factored in. If the last day of school should be updated, email *****@*****.tld with the relevant information. This article originally appeared on The Providence Journal: 2025 Last Day of School RI: See list of when school ends around state Source link #Rhode #Island #public #schools #Heres #day #school #district Pelican News View the full article at [Hidden Content]

Ex-Bethesda Veteran Explains Why Games Like ES, Fallout & Starfield Will Always Have Loading Screens Ex-Bethesda Veteran Explains Why Games Like ES, Fallout & Starfield Will Always Have Loading Screens IGN : One former Bethesda developer has cautioned that loading screens will probably always be a part of its games because of the way they’re designed. Here’s why. Source link #ExBethesda #Veteran #Explains #Games #Fallout #amp #Starfield #Loading #Screens Pelican News View the full article at [Hidden Content]

Nutanix breaks the bounds of HCI again with Pure Storage linkup Nutanix breaks the bounds of HCI again with Pure Storage linkup Hyper-converged infrastructure (HCI) pioneer and market leader Nutanix has added the ability to connect with external storage from Pure Storage from its HCI stack. The move is Nutanix’s second overture towards external storage – the first was to Dell PowerFlex last year – and marks a further rupture with a strict hyper-converged infrastructure model The announcement – made at this week’s .Next event in Washington DC – helps Nutanix position itself to take advantage of customer need to de-risk exposure to VMware commitments after its purchase by Broadcom and the increased costs and lowered deployment choices that are reported to have resulted. The move to add external Pure Storage FlashArray – its most performant array product line based around Connectivity – capacity to Nutanix HCI allows existing VMware customers to consider moving to a different hypervisor for virtualised workloads. Nutanix offers its own Acropolis hypervisor but can run any other that the customer wants to deploy. That comes because Nutanix’s operating system – AOS – allows it. Nutanix was a pioneer of so-called hyper-converged infrastructure, which saw compute and storage bundled together in nodes that could connect in grid-like fashion to form clusters, often with server and storage components scalable independently. This was a particularly attractive proposition to customers that lacked deep skillsets as they were relatively easily deployable and scalable. And so the idea that Nutanix should allow the use of external storage from third parties somewhat goes against the original principle it pioneered. It does, however, make a compelling proposition. On the one hand, it allows customers that want to swerve away from VMware to do so relatively easily into a hypervisor-agnostic environment. It also provides scalability in terms of capacity and performance that Nutanix may have previously lacked in its Pure hyper-converged infrastructure architecture. That’s possibly made more urgent by the current upsurge in AI workloads, which can run to very large scale in terms of data volumes. Here, Nutanix marketing vice-president Lee Caswell explained the difference, comparing cluster sizes possible with external storage – which run to the hundreds – with Nutanix as it has usually been deployed. “HCI users scale their clusters at much smaller sizes,” he said. “They’re typically six to eight, eight to 12 or 16 nodes. And so you can see that we’re bringing performance and scale of a storage system into Nutanix usability, the Nutanix usability model.” Customers will be able to manage Pure capacity through the Nutanix Prism interface, from where they can run replication, snapshots and DR capabilities. Caswell was also keen to highlight the independence of storage in the Nutanix architecture compared with VMware. “AOS was architected independently, modularly, independent of the hypervisor,” he said. “That’s in stark contrast to V San, for example, which is integrated in the kernel of vSphere. You can’t run vSAN without vSphere. It’s part of vSAN. In fact, when vSphere ships, the vSAN bits are in it. From the start, we’ve been able to offer a choice of hypervisor.” Does this all mark a retreat from hyper-converged for Nutanix? Not at all, said Caswell: “It’s not a replacement for HCI. We’re not walking back from any of the HCI value proposition that we have, and there’s still lots of customers. HCI is only 20% penetrated in the market today. At the same time, we’re recognising that storage and HCI will coexist, and that Nutanix is going to provide a common way to go and manage across storage and HCI systems.” But why now? Caswell was keen to highlight that the rise of IP storage and the relative decline of Fibre Channel has made it less of a technical challenge to integrate external storage arrays to the Nutanix world. “Historically, most external storage has been Fibre Channel,” he said. “And the technical lift to go do hardware compatibility with Fibre Channel, the switches, and with Fibre Channel external arrays, has been a really hard problem, but now it’s a solved problem. What we’re focusing on is IP-based storage. That reduces a whole slew of technical integration risk.” He also highlighted the push to change that the Broadcom takeover of VMware had provided: “Most storage systems attach to vSphere, and there was no compelling move in a very slow-to-move, conservative market, to move away from vSphere. Until Broadcom. The Broadcom changes are now pushing customers to de-risk future exposure they have to Broadcom business practices.” Source link #Nutanix #breaks #bounds #HCI #Pure #Storage #linkup Pelican News View the full article at [Hidden Content]

Trump tariffs and China export curbs cast cloud over major chip stocks Trump tariffs and China export curbs cast cloud over major chip stocks Illustration of the China and U.S. flag on a central processing unit. Blackdovfx | Istock | Getty Images Uncertainty — that was the theme during earnings season for the world’s biggest semiconductor firms which are unclear on demand for their products as a result of changing U.S. tariff policy and export restrictions that have been place on China. U.S. President Donald Trump’s “reciprocal” tariffs took effect in April though they were paused shortly after. The White House also exempted certain tech products such as smartphones and chips. However, the U.S. is investigating imports of semiconductor technology which could come under new duties. Meanwhile, Washington last month added more semiconductor products from Nvidia and AMD to a list of items that are restricted for export to China, building on Biden-era curbs. The changing tariff and China policy has caused consternation among executives at the world’s largest chip companies with visible impacts on their busiensses already. AMD on Tuesday said that it expects $1.5 billion in lost revenue thorugh the end of its fiscal year as a result of AI chip export curbs to China, despite topping earnings estimates for the first quarter. Super Micro issued disappointing guidance on Tuesday citing tariff and macroeconomic uncertainty. The company said it would not provide guidance for its fiscal year 2026 until “visibility” becomes clearer. The stock fell 4% in premarket trade. And Marvell said on Tuesday that it is postponing its previously scheduled investor day from June 10 to a “future date in calendar 2026.” Shares of the firm fell 4.4% in premarket trade. “We have decided to postpone our investor day given the current uncertain macroeconomic environment,” Matt Murphy, CEO of Marvell, said in a statement. Clarity in ‘short supply’ Semiconductor stocks have been under pressure this year amid the growing macroeconomic uncertainty and trade policies from the U.S. There is also concern about the demand for AI products even as technology giants like Microsoft and Amazon continue to commit billions of dollars to build data centers. The VanEck Semiconductor ETF, a basket of chip stocks, is down nearly 12% this year. And it’s not just U.S. companies that are feeling the heat. Samsung said last month that “demand volatiltiy is expected to be quite high” as a result of tariff policy changes and macroeconomic uncertainty. “Due to the rapid changes in policies and geopolitical tensions among major countries, it’s difficult to accurately predict the business impact of tariffs and countermeasures,” a Samsung executive said on the earnings call. “There are a lot of uncertainties ahead of us.” Samsung is one of the world’s largest memory chipmakers. “The semiconductor sector is grappling with a complex mix of demand signals and geopolitical headwinds,” Ben Barringer, global technology analyst at Quilter Cheviot, told CNBC by email. Barringer said that Marvell’s decision to postpone its investor day “adds a layer of uncertainty at a time when clarity is in short supply,” while Super Micro’s weak outlook also “raised eyebrows.” “With macro uncertainty and export restrictions still looming large, the path ahead for chipmakers remains bumpy, even as underlying demand holds up in certain areas,” Barringer added. Nvidia CEO: ‘Let us go race’ The U.S. chip industry has sought to show that it is leading in technology versus China and that it should be allowed to sell more product there. Nvidia CEO Jensen Huang told CNBC on Tuesday that China will likely be a $50 billion artificial intelligence market in two-to-three years. “It would be a tremendous loss not to be able to address it as an American company. It’s going to bring back revenues, it’s going to bring back taxes, it’s going to create lots of jobs here in the United States,” Huang said. For the last few years, Washington under both Biden and Trump, have looked to use export restrictions to restrict China’s access to American technology in areas such as AI and semiconductors. This has prompted ******** firms to ramp up focus on homegrown technology with companies like Huawei looking to create viable competing products to the likes of Nvidia. ******** companies such as DeepSeek and Alibaba have also been able to launch high-performing AI models. Nvidia’s Huang said there is competition in AI right now but American firms should be able to compete with China. “The United States has to recognize that we are not the only country in that race, that we have competitors. We are confident people, we are a confident country we have confident companies, we are not afraid of a race. We look forward to a race. Just let us go race,” Huang told CNBC. “And so I think that now is the time when the United States needs to realize that we need to put the pedal to the metal … we’ve just got to go for it. Waiting around, talking about it, trying to hold people back is not necessarily the best move. The best move is let American do American, let us go after it and win it.” Source link #Trump #tariffs #China #export #curbs #cast #cloud #major #chip #stocks Pelican News View the full article at [Hidden Content]

FFVII Remake/Rebirth Director Hints At Entire Trilogy Getting A Nintendo Switch 2 Release FFVII Remake/Rebirth Director Hints At Entire Trilogy Getting A Nintendo Switch 2 Release gold_drake18h ago i mean, weve been joking about this for a while now haha they’re gonna resell this trilogy for the next 20 years ha but i wonder … remake and rebirth already had to cut back on the psr4and ps5. hows that gonna go on that inferior system? Source link #FFVII #RemakeRebirth #Director #Hints #Entire #Trilogy #Nintendo #Switch #Release Pelican News View the full article at [Hidden Content]

History Crashes to Earth: The Long Journey of Venus Probe Kosmos 482 – ScienceAlert History Crashes to Earth: The Long Journey of Venus Probe Kosmos 482 – ScienceAlert History Crashes to Earth: The Long Journey of Venus Probe Kosmos 482 ScienceAlertA Soviet probe orbiting Earth since 1972 will soon reenter the planet’s atmosphere NPRWhat to Know About Kosmos-482, a Soviet Spacecraft Returning to Earth After 53 Years The New York TimesA Soviet-era spacecraft that failed to reach Venus is due to ****** back to Earth this week CNNMore than 50 years after trying to reach Venus, a failed Soviet spacecraft is about to return to Earth The Conversation Source link #History #Crashes #Earth #Long #Journey #Venus #Probe #Kosmos #ScienceAlert Pelican News View the full article at [Hidden Content]

Epic's Tim Sweeney shares first details about Unreal Engine 6 Epic's Tim Sweeney shares first details about Unreal Engine 6 In an interview with Lex Fridman, Epic Games’ Tim Sweeney shared the first details about the next version of Unreal Engine, Unreal Engine 6. Source link #Epic039s #Tim #Sweeney #shares #details #Unreal #Engine Pelican News View the full article at [Hidden Content]

Bitcoin: Bullish Bets, ETF Inflows Support Case for Strong Upside in Coming Weeks Bitcoin: Bullish Bets, ETF Inflows Support Case for Strong Upside in Coming Weeks Bitcoin’s rise above $90,000 is supported by reduced tariff concerns and growing buyer interest. Ethereum faces pressure, but a push past $110,000 in Bitcoin may spark gains for the asset. A surge in Bitcoin-related investment inflows suggests potential price increases despite ongoing market uncertainty. Looking for actionable trade ideas to navigate the current market volatility? Subscribe here to unlock access to InvestingPro’s AI-selected stock winners. As the tariff war begins to ease, buying interest has returned, helping rise above $90,000 per coin. Traders are now focused on the . No immediate action is expected at the next meeting, but many hope to hear signs of a possible in June or July, with three reductions of 25 basis points likely in the second half of the year. Meanwhile, , the second-largest crypto asset by market value, is still under pressure. The recent bounce from the $1,400 zone has been weak. Still, if Bitcoin pushes past $110,000, Ethereum may have a chance to gain more ground. Surge in Bitcoin-Related Investment Inflows Recent activity in Bitcoin options and ETF inflows suggests that strong price increases for Bitcoin are likely in the coming weeks. Just under $500 million has flowed into call options set to expire in late June, while over $3 billion has entered ETFs. These movements support the notion that buyers will maintain their advantage, especially if the tariff war does not escalate further and the Federal Reserve continues with planned rate cuts. However, the biggest uncertainty remains with the tariff situation. Despite a temporary lull, Donald Trump has indicated he will reassess trade agreements and take further action. As a result, the market remains uncertain, and this volatility is expected to persist for the next few months. Bitcoin Tests Key Technical Levels Ahead of Historic Highs After successfully defending the long-term support around $74,000 per Bitcoin, demand is picking up. Buyers are now testing the psychological barrier of $100,000, and it could pave the way for a move toward new record highs. If the support level holds firm, a double peak formation could form near the local support at $89,000 per coin. However, considering both the technical and macroeconomic conditions, the most likely scenario remains a breakout below this support, followed by an attempt to approach the recent historical highs. Ethereum Struggles to Regain Bullish Momentum During the recent downturns, the supply side reached multi-year lows around $1,400 per coin. Buyers are now focusing on the nearest resistance level, which is near $2,200. If market bulls are committed to a rally, breaking above $2,200 would be the first step, with the next target at $3,000 for Ethereum. However, if supply pressure persists and Ethereum moves back toward $1,400, a test of the psychological $1,000 level remains a realistic scenario. **** Be sure to check out InvestingPro to stay in sync with the market trend and what it means for your trading. Whether you’re a novice investor or a seasoned trader, leveraging InvestingPro can unlock a world of investment opportunities while minimizing risks amid the challenging market backdrop. Subscribe now and instantly unlock access to several market-beating features, including: ProPicks AI: AI-selected stock winners with a proven track record. InvestingPro Fair Value: Instantly find out if a stock is underpriced or overvalued. Advanced Stock Screener: Search for the best stocks based on hundreds of selected filters and criteria. Top Ideas: See what stocks billionaire investors such as Warren Buffett, Michael Burry, and George Soros are buying. Disclaimer: This article is written for informational purposes only. It is not intended to encourage the purchase of assets in any way, nor does it constitute a solicitation, offer, recommendation or suggestion to invest. I would like to remind you that all assets are evaluated from multiple perspectives and are highly risky, so any investment decision and the associated risk belongs to the investor. We also do not provide any investment advisory services. Source link #Bitcoin #Bullish #Bets #ETF #Inflows #Support #Case #Strong #Upside #Coming #Weeks Pelican News View the full article at [Hidden Content]