Pelican Press

Why Tesla's stock has given up nearly all of its Trump election gains – Yahoo Finance Why Tesla's stock has given up nearly all of its Trump election gains – Yahoo Finance Why Tesla’s stock has given up nearly all of its Trump election gains Yahoo Finance‘I felt nothing but disgust’: Tesla owners vent their anger at Elon Musk The GuardianWhy Tesla’s stock is unraveling and what happens next, according to Barclays CNBC Source link #Tesla039s #stock #Trump #election #gains #Yahoo #Finance Pelican News View the full article at [Hidden Content]

Leicester 'too passive' in West Ham defeat – Van Nistelrooy Leicester 'too passive' in West Ham defeat – Van Nistelrooy Leicester City manager Ruud van Nistelrooy says his side were “too passive” in their 2-0 defeat at West Ham United. Source link #Leicester #039too #passive039 #West #Ham #defeat #Van #Nistelrooy Pelican News View the full article at [Hidden Content]

Broome ******: Five-year-old boy tragically dies after being hit by Toyota Landcruiser Broome ******: Five-year-old boy tragically dies after being hit by Toyota Landcruiser A five-year-old boy has tragically died after being hit by a car in Broome. Source link #Broome #****** #Fiveyearold #boy #tragically #dies #hit #Toyota #Landcruiser Pelican News View the full article at [Hidden Content]

Autodesk says it will cut 1,350 employees Autodesk says it will cut 1,350 employees Andrew Anagnost, chief executive officer of Autodesk Inc., during a Bloomberg Television interview in London, ***, on April 25, 2023. Chris Ratcliffe | Bloomberg | Getty Images Design software maker Autodesk said Thursday that it will lay off 1,350 employees, which works out to 9% of its workforce. The job cuts follow a series of large headcount reductions across the tech industry. In January, Meta said it would let go of 5% of its workers, and earlier this month Workday, which sells human resources and finance software, announced an 8.5% decrease. In November, chipmaker AMD said it would let go of 4% of its staff members. Google this week also announced cuts to its human relations and cloud divisions, CNBC reported. “Our GTM model has evolved significantly from the transition to subscription and multi-year contracts billed annually to self-service enablement, the adoption of direct billing, and more,” CEO Andrew Anagnost wrote in a memo to employees. “These changes position us to better meet the evolving needs of our customers and channel partners. To fully benefit from these changes, we are beginning the transformation of our GTM organization to increase customer satisfaction and Autodesk’s productivity.” The company is also conducting the layoffs to stay competitive in the current economy and protect the company’s leadership in cloud computing and artificial intelligence, Anagnost wrote. San Francisco-based Autodesk will make facility reductions as well. But it will not close any offices, a spokesperson told CNBC in an email. It expects $135 million to $150 million in restructuring costs before taxes. The company on Thursday also announced better-than-expected fiscal fourth-quarter results. The company delivered $2.29 in adjusted earnings per share on $1.64 billion in revenue, which was up 12% year over year. Analysts surveyed by LSEG had been looking for $2.14 per share and $1.63 billion in revenue. For the fiscal first quarter, Autodesk called for $2.14 to $2.17 in adjusted earnings per share on $1.600 billion to $1.610 billion in revenue. Analysts polled by LSEG had expected $2.08 per share and $1.598 billion in revenue. Management sees $9.34 to $9.67 in adjusted earnings per share for the 2026 fiscal year, with $6.895 billion to $6.965 billion in revenue. The LSEG consensus was $9.24 per share and $6.902 billion in revenue. WATCH: The setup on key earnings this week: Salesforce, Autodesk and EOG Resources Source link #Autodesk #cut #employees Pelican News View the full article at [Hidden Content]

Exclusive-Aerospace industry scrambles to deal with fallout from huge US factory fire Exclusive-Aerospace industry scrambles to deal with fallout from huge US factory fire By Allison Lampert and Tim Hepher (Reuters) – Boeing and other top aerospace firms are scouring their supply chains to determine their exposure to a major fire last week at a Philadelphia-area parts factory that has set off alarm bells across the industry, people familiar with the matter said. The days-long fire at SPS Technologies’ century-old factory could put pressure on the industry’s already strapped supply chain. Trusted news and daily delights, right in your inbox See for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories. GE Aerospace and others are now trying to figure out who can replace the factory’s lost production and also identify who has spare parts, the people said. Both Boeing and France’s Safran contacted suppliers asking about the potential effects, according to letters seen by Reuters. The fire, which caused no fatalities, is the latest in a string of supply setbacks in aerospace. This stadium-sized facility was crucial to the production of key parts, and some analysts warned that its loss could further strain the industry’s ability to boost output. SPS products include titanium fasteners of the kind used to assemble carbon-fiber jets like the Boeing 787 and Airbus A350. Some fasteners produced at the factory are also highly specialized and not easily sourced by other manufacturers, analysts and industry executives said. Boeing and European rival Airbus were already facing supply snags as they try to boost airplane output. “There’s only so much inventory of this out there, and that something’s going to have to change really fast to avoid potential (problems) that could affect production rates,” said AeroDynamic Advisory Managing Director Kevin Michaels. In a letter sent to suppliers following the February 17 fire seen by Reuters, Boeing asked the companies whether they regularly used parts from the SPS factory, located in Jenkintown, and to explain the impact if SPS could not ship parts that were ordered. A Boeing spokesperson said it is “working with suppliers to assess impacts and … taking steps to manage any impacts.” CEO Kelly Ortberg said last week in brief comments that he expected some disruption from the fire. French engine and landing gear maker Safran also contacted suppliers to see if they purchase directly from SPS, according to letters seen by Reuters and two suppliers. “We are assessing the situation with our supply chain and seeking alternative sources,” a Safran spokesperson said. Engine maker GE Aerospace, the world’s largest aerospace firm, said it had sent teams to SPS and was looking at alternative manufacturing sites and backup suppliers. “We are taking proactive steps to minimize disruption and to ensure continued delivery to our customers,” a spokesperson said. A third industry source said SPS is also a significant supplier to Europe’s Airbus. “It is still early to confirm the extent of our exposure, however we expect the impact to be limited for our operations,” an Airbus spokesperson said. SUPPLY CONTEST SPS is part of Berkshire Hathaway-owned Precision Castparts Corp (PCC), which was not immediately available for comment. SPS’s website claims that “it’s hard to find an aircraft” that does not contain some of its products. The near 600,000-square-foot (5.6-hectare) facility specialized in high-strength nuts and bolts for engines, wings, fuselages and landing gear, according to the SPS website. The fire burned for several days before the flames were fully extinguished on February 22, leaving the plant gutted. Planemakers have ample inventory of the parts they handle on a daily basis, but the production gap left by the fire sets the stage for a potential contest to secure supplies down the road. One senior supplier went so far as to predict “rationing” by distributors unless alternatives can be found. Two executives at other fastener companies said they were being bombarded with requests in the wake of the fire, with one saying he had received dozens of queries in two days. While most SPS parts are produced by multiple suppliers, some portions of these aircraft fasteners were higher value and complex parts only produced by SPS, according to one of the two fastener company executives who spoke on condition of anonymity. It can take years for another factory to obtain the qualifications to produce them, he added. “These are not commodity fasteners,” Michaels said, adding that there is “a lot of concern given the large number of sole-source fasteners and unique capabilities associated with this facility.” ********* business jet maker Bombardier told Reuters that most of its parts can be sourced elsewhere. The factory still had some wooden floors and structures, according to two sources who had visited the site before the blaze. Even then, a shipment meant to be sent to Boeing survived the fire but is currently inaccessible, Boeing’s Ortberg told analysts on February 20. “That’s the kind of thing we’re really working through on a real-time basis. It looks like pretty substantial damage.” (Reporting By Allison Lampert in Montreal and Tim Hepher in Paris; Editing by David Gaffen and Marguerita Choy) Source link #ExclusiveAerospace #industry #scrambles #deal #fallout #huge #factory #fire Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

SEC says most meme coins are not securities SEC says most meme coins are not securities A visual representation of dogecoin and other cryptocurrencies. Yuriko Nakao | Getty Images The Securities and Exchange Commission issued guidance Thursday evening saying it does not deem most meme coins securities under U.S. federal law. “It is the Division’s view that transactions in the types of meme coins described in this statement do not involve the offer and ***** of securities under the federal securities laws,” the statement says. “Persons who participate in the offer and ***** of meme coins do not need to register their transactions with the Commission. … Accordingly, neither meme coin purchasers nor holders are protected by the federal securities laws.” It also said “a meme coin does not constitute any of the common financial instruments specifically enumerated in the definition of ‘security’ because, among other things, it does not generate a yield or convey rights to future income, profits, or assets of a business. In other words, a meme coin is not itself a security.” The clarification comes after the latest rapid rise of such cryptocurrencies following the election of President Donald Trump, as well as their ****** in recent weeks. It’s also another notch in the belt of the new administration, which has promised to create clearer and perhaps more favorable regulatory conditions for the crypto industry, and do so swiftly. “The SEC’s recent statement on meme coins is the clarity that the digital asset space has been demanding for years,” said Ishmael Green, a crypto attorney and Partner at the law firm Diaz Reus. “This will drive continued investment in the US crypto space, as the vast majority of meme coins launched in the last 12 months with multi-billion dollar market caps have been released on Solana, an American blockchain.” “[It] also comports with the current administration’s promise to the crypto community to end needless and frivolous enforcement actions which stifle innovation and investment,” he added. Dogecoin, the original meme coin, was little changed following the news. The token tied to Solana, which has become the go-to host for meme coins – including the Official Trump meme coin – rose slightly. The SEC describes meme coins as crypto assets inspired by internet memes, characters, current events, or trends and created to garner “an enthusiastic online community” to buy and trade them. Because they “typically are purchased for entertainment, social interaction, and cultural purposes, and their value is driven primarily by market demand and speculation … meme coins are akin to collectibles,” the statement says. It goes on to say meme coins “typically have limited or no use or functionality … and often are accompanied by statements regarding their risks and lack of utility.” Don’t miss these cryptocurrency insights from CNBC Pro: Source link #SEC #meme #coins #securities Pelican News View the full article at [Hidden Content]

Americans say incomes not keeping up with inflation — CBS News poll Americans say incomes not keeping up with inflation — CBS News poll A large majority of Americans say their incomes aren’t keeping pace with inflation, as they report prices around them either rising or staying the same. There’s wide concern about the ability to save or buy extras. As has been the case for years, prices drive so much of Americans’ larger views: they say this factors the most into their assessment of the overall economy — which most continue to say is bad. And then among those who say their own finances aren’t good, prices are the top reason why. This comes amid other economic indicators out lately, including that unemployment claims recently rose, the consumer confidence index dropped; and the S&P slid in recent days toward the end of February. Americans say their outlook for the next year is also mixed. Right now, people are more likely to say the economy is getting worse than better. Current circumstances play into this too: those most concerned about affording food today are also more apt to think things are getting worse. Evaluations, as is typical, show splits by financial circumstances though, and may speak to broader divides in the U.S. economy and in the impact of inflation. Americans who report higher incomes are far more likely to say their financial situation is good and are much more confident about their ability to save – though the majority of them, too, say income isn’t keeping up with inflation. The outlook going forward remains mixed at best and is also tied to current circumstances: Just over half expect things to at least hold steady, though only a third expect growth or a ***** coming. The rest expect either a slowing or a recession. At least half the country reports concern about paying for food and groceries, and housing. Most continue to call the U.S. economy bad — even more so than last month — and views have been net-negative among Americans for five years going back to the start of the COVID pandemic. Twice as many think it’s getting worse than getting better. Americans’ evaluations of the job market are split between good and bad, though most who are employed do describe their job as at least somewhat secure. This CBS News/YouGov survey was conducted with a nationally representative sample of 2,340 U.S. adults interviewed between Feb. 24-26, 2025. The sample was weighted to be representative of adults nationwide according to gender, age, race, and education, based on the U.S. Census American Community Survey and Current Population Survey, as well as 2024 presidential vote. The margin of error is ±2.3 points. Toplines: More Anthony Salvanto Anthony Salvanto, Ph.D., is CBS News’ executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates outcomes on election nights Source link #Americans #incomes #keeping #inflation #CBS #News #poll Pelican News View the full article at [Hidden Content]

Google makes cuts to HR and cloud units Google makes cuts to HR and cloud units A view of the Google headquarters in Mountain View, California, on April 16, 2024. Tayfun Coskun | Anadolu | Getty Images Google told staffers in its “People Operations” and cloud organizations this week that it plans to cut employees as a part of internal reorganizations, CNBC has learned. The company will offer a voluntary exit program to U.S.-based, full-time employees in People Operations, Google’s human relations division, starting in early March, according to a memo issued by HR chief Fiona Cicconi on Tuesday that was viewed by CNBC. The latest cuts come after finance chief Anat Ashkenazi said one of her top priorities would be to drive more cost-cutting as Google expands its spending on AI infrastructure in 2025. After the company reported revenue that missed expectations for the fourth quarter earlier this month, Ashkenazi said that the company had strong demand for AI products and that it “exited the year with more demand than we had available capacity.” As part of the People Operations buyouts, employees who are level 4 and level 5 may receive a severance of 14 weeks of salary and one additional week for every full year of service, the memo states. Those are considered mid- to senior-level employees. Separately, the company also made cuts to several teams within its cloud unit, mostly impacting operations support staff, according to sources and separate internal memos. Some of those moves include moving roles to other countries. The company confirmed the changes to CNBC, saying reorganizations are part of the normal course of business. “Our teams have continued to make changes to operate more efficiently, remove layers, and ensure they are set up for long term success,” said Google spokesperson Brandon Asberry in a statement. “This work is ongoing as we continue to invest in our company’s biggest priorities and the significant opportunities ahead.” Last month, Google executives announced they would offer buyouts to U.S. based employees in its “Platforms and Devices” unit ahead of expected cuts. That unit houses more than 25,000 full-time employees who work on Android, Chrome, ChromeOS, Google Photos, Google One, Pixel, Fitbit and Nest. The company said it is supporting all impacted employees, in line with local requirements, including time to explore and apply to different roles at Google. Cloud Cuts The Alphabet-owned company’s cloud layoffs impacted the unit’s sales operations, customer experience, internal deal and go-to-market teams, according to sources who asked not to be named because they are not permitted to speak publicly. Cloud is one of the company’s high-growth business units and benefits from AI products. For the fourth quarter, the cloud unit’s revenue increased 30% from the year prior. Alphabet has been drawing profit from the cloud business as it tries to keep up with market leaders Amazon Web Services and Microsoft Azure. Some impacted employees’ roles are being relocated to India and Mexico City, according to sources and internal correspondence viewed by CNBC. The company confirmed that the changes include consolidating or opening roles in other parts of the U.S and overseas. The largest employee presence for the cloud unit is still in the U.S., and that’s not changing, the company added. The number of layoffs is unclear, but the company said it is small in quantity and that the organization continues to hire for critical sales and engineering roles. Bloomberg first reported the cuts to Google’s cloud division on Wednesday. WATCH: Google reportedly to be hit with EU charges of infringing on Apple, Meta platforms Source link #Google #cuts #cloud #units Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

EA releases source code for four Command & Conquer games EA releases source code for four Command & Conquer games Video game preservation scored a win today with EA’s decision to make four Command & Conquer games open source. The company has released the source code for Command & Conquer, Command & Conquer: Red Alert, Command & Conquer: Renegade and Command & Conquer: Generals through a GPL license. All four projects are available to the public on Github. In addition, EA is adding Steam Workshop support to more contemporary entries in the real-time strategy franchise, including a modding support pack with assets from the series titles on the SAGE engine, such as Command & Conquer Red Alert 3. This game genre has fallen out of vogue in recent years. But the C&C series still has a lot of fans, so a fresh boost of modder interest could bring new players to the franchise. (Plus, never forget that Red Alert 3 also contains the in all of video game history.) EA released meticulous remasters of the first two installments of Command & Conquer , which included the release of those games’ source code. In December, the company made several of its open source as well. It’s also encouraging to see EA taking a positive action around a beloved franchise, especially when its recent efforts to remaster was riddled with technical issues at launch that required to fix. Source link #releases #source #code #Command #Conquer #games Pelican News View the full article at [Hidden Content]

Nvidia bounced from the $3 trillion market cap club after stock drop Nvidia bounced from the $3 trillion market cap club after stock drop Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of the Siliconware Precision Industries Co. (SPIL) Tan Ke Plant in Taichung, Taiwan, on Thursday, Jan. 16, 2025. An Rong Xu | Bloomberg | Getty Images Nvidia is out, leaving Apple as the sole member of the $3 trillion club. The chipmaker’s shares slumped more than 8% on Thursday following quarterly earnings, wiping out about $273 billion in value and giving the company a market cap of $2.94 billion. The S&P 500 index fell 1.6% and the Nasdaq dropped 2.8%. Nvidia is still the second most valuable U.S. tech company, behind Apple, and ahead of Microsoft, one of its biggest customers. So far in 2025, Nvidia shares have lost 10% of their value, as the company faces investor concerns about export controls, tariffs, more efficient artificial intelligence models, and an overall slowing pace of growth. Even after the latest slide, Nvidia is still worth five times more than it was two years ago, at the start of the generative AI *****. It first hit a $3 trillion market cap in June 2024. Nvidia reported results on Wednesday that topped analysts’ estimates across the board, with revenue jumping 78% from a year earlier to $39.33 billion. The company’s data center revenue, which includes its market-leading graphics processors for AI workloads, soared 93% on an annual basis to nearly $36 billion. Nvidia signaled that it was going to have a strong quarter to kick off its fiscal 2026, and that production issues for its next-generation chip, Blackwell, had been mostly resolved. In recent weeks, Nvidia CEO Jensen Huang has said that the demand for its chips will remain strong as next-generation AI models that think “about how best to answer” questions step by step will require much more computing power. “The amount of computation necessary to do that reasoning process is 100 times more than what we used to do,” Huang told CNBC’s Jon Fortt in an interview on Wednesday. Nvidia counts on billions of dollars of infrastructure spend annually from the largest tech companies in the world for an outsized amount of its revenue. On Wednesday, Huang said that large cloud service providers — companies like Microsoft, Google, and Amazon — accounted for about half of Nvidia’s data center revenue. WATCH: CNBC’s full interview with Nvidia CEO Jensen Huang Source link #Nvidia #bounced #trillion #market #cap #club #stock #drop Pelican News View the full article at [Hidden Content]

SEC says most meme coins are not securities SEC says most meme coins are not securities A visual representation of dogecoin and other cryptocurrencies. Yuriko Nakao | Getty Images The Securities and Exchange Commission issued guidance Thursday evening saying it does not deem most meme coins securities under U.S. federal law. “It is the Division’s view that transactions in the types of meme coins described in this statement do not involve the offer and ***** of securities under the federal securities laws,” the statement says. “As such, persons who participate in the offer and ***** of meme coins do not need to register their transactions with the Commission. … Accordingly, neither meme coin purchasers nor holders are protected by the federal securities laws.” The clarification comes after the latest rapid rise of such cryptocurrencies following the election of President Donald Trump, as well as their ****** in recent weeks. It’s also another notch in the belt of the new administration, which has promised to create clearer and perhaps more favorable regulatory conditions for the crypto industry, and do so swiftly. The SEC describes meme coins as crypto assets inspired by internet memes, characters, current events, or trends and created to garner “an enthusiastic online community” to buy and trade them. Because they “typically are purchased for entertainment, social interaction, and cultural purposes, and their value is driven primarily by market demand and speculation … meme coins are akin to collectibles,” the statement says. It goes on to say meme coins “typically have limited or no use or functionality … and often are accompanied by statements regarding their risks and lack of utility.” Don’t miss these cryptocurrency insights from CNBC Pro: Source link #SEC #meme #coins #securities Pelican News View the full article at [Hidden Content]

Dell earnings report Q4 2025 Dell earnings report Q4 2025 Michael Dell, chairman and chief executive officer of Dell Inc., speaks during the Dell Technologies World conference in Las Vegas, Nevada, US, on Monday, May 20, 2024. Bridget Bennett | Bloomberg | Getty Images Dell reported fourth-quarter sales that fell short of analysts’ estimates but earnings topped Wall Street expectations. Here’s how the hardware company did versus LSEG consensus estimates: Revenue: $23.9 billion, versus $24.55 billion estimated EPS: $2.68, adjusted, versus $2.53 estimated. Dell shares are down less than 5% so far in 2025, but the company’s stock has more than doubled in the last two years due to soaring demand for artificial intelligence systems, often based around Nvidia graphics processing chips. Dell sells Nvidia-based servers to Elon Musk’s xAI, for example, and said it had $4.1 billion in backlogged AI server orders at the end of January. Dell said it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales in the current year. Current quarter revenue will be between $22.5 and $23.5 billion, Dell said, trailing the average estimate of $23.59 billion, according to LSEG. The company guided for adjusted earnings per share during the quarter of $1.65, versus $1.76 estimated by analysts. Dell expects between $101 billion and $105 billion of revenue in its fiscal 2026, about inline with LSEG estimates of $103.17 billion. Earnings per share for the full year will be $9.30, the company said, topping estimates of of $9.23 Net income increased to $1.53 billion, or $2.15 per share, from $1.21 billion, or $1.66 per share, in the year-ago *******. Dell raised its dividend by 18% and announced $10 billion in share repurchase authorization. Revenue rose 7% in the fourth quarter, driven by the company’s Infrastructure Solutions Group, its server division, which saw sales rise 22% to $11.35 billion. That was under a StreetAccount estimate of $11.7 billion in sales. Dell’s client solutions group, its biggest business, saw sales rise 5% to $11.88 billion, due to a sluggish laptop market. StreetAccount was expecting $11.98 billion in revenue. Dell revealed on Thursday that it had discovered that some of its suppliers had given it credits that were not recorded or that were recorded at the wrong time. The impact was “not material,” Dell said, adding that it had restated prior financial statements in 2024 and 2025. “The company initiated an investigation that indicated that the credits resulted from the actions of certain employees that support a limited number of suppliers, impacting the Client Solutions Group segment and overstating cost of goods sold by approximately $200 million in fiscal 2024 and $148 million in fiscal 2025 for the nine months ended November 1, 2024,” Dell said in its press release. WATCH: Dell nears deal to sell $5 billion in AI servers to xAI Source link #Dell #earnings #report Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

The sci-fi platforming adventure “Bionic Bay” is now coming to PC and the PS5 on April 17th (2025) The sci-fi platforming adventure “Bionic Bay” is now coming to PC and the PS5 on April 17th (2025) “The London-based (the ***) indie games publísher Kepler Interactive, Taiwan-based indie games studio Psychoflow Studio, and Finland-based solo indie games developer Mureena (Juhana Myllys), today announced with great joy and thrill that their sci-fi platforming adventure “Bionic Bay”, is coming to PC (via Steam) and the PS5 (via PSN) on March 13th, 2025 (as announced at the Day of the Devs 2024: The Game Awards Edition).” – Jonas Ek, TGG. Source link #scifi #platforming #adventure #Bionic #Bay #coming #PS5 #April #17th Pelican News View the full article at [Hidden Content]

AC Milan’s season worsens with another defeat AC Milan’s season worsens with another defeat AC Milan’s season is in a downward spiral with a 2-1 loss to Bologna in Serie A the latest in a string of poor results. The defeat follows elimination from the Champions League and a loss to Torino last weekend. Milan dropped to eighth place while Bologna moved up to sixth. After Rafael Leao’s opener for Milan, Santiago Castro equalised after the break following a free kick that bounced around inside the area. Then Dan Ndoye took advantage of poor defending to score the winner eight minutes from time by redirecting in a cross. It was the first time Bologna had beated Milan at home in a league match since 2002. The match was postponed from October due to flooding in the Emilia-Romagna region. Half of the proceeds from the match will go to flood victims. Source link #Milans #season #worsens #defeat Pelican News View the full article at [Hidden Content]

Forza Horizon 5 careens onto PS5 on April 29 Forza Horizon 5 careens onto PS5 on April 29 To view this content, you’ll need to update your privacy settings. Please click here and view the “Content and social-media partners” setting to do so. Forza Horizon 5 is officially coming to the PS5 on April 29. We knew the racing sim was going multiplatform, and now we have a legit date when players will be able to race around a digital replica of Mexico. This version does have cross-play support, which has already been a boon for Xbox and PC players. Additionally, the PS5 build allows gamers to purchase all of the same car packs, including the Hot Wheels and Rally Adventure expansions. There’s a new and free content update for PS5, Xbox and PC players called Horizon Realms that features a set of in-game achievements based on the game’s dynamic and evolving world, which arrives on April 25. Horizon 5 comes to PS5 in three flavors. The base game costs $60; the Deluxe Edition, which comes with the game’s car pass, costs $80; and the Premium Edition, which comes with all of the game’s DLC, costs $100. If you pre-order the Premium Edition you also get early access to the game on April 25, though does it count as early access when the game’s been out for over four years on Xbox and PC? That’s for you and your wallet to decide. All editions are digital only — the Forza Horizon X account confirmed there are currently no plans for a physical release. Developer Playground Games has also run down the various graphics modes available on PlayStation 5. Regular PS5 consoles will have access to a 60 fps performance mode and a 30 fps quality mode. PS5 Pro owners will have the same options, but with “increased fidelity” in the performance mode and ray-traced car reflections in races and free roam. There is no word currently on resolution targets for either console, or how they shape up versus Xbox Series X/S. For the uninitiated, Forza Horizon 5 is a fantastic open-world racing game that we absolutely loved upon its initial release in 2021. The graphics are top notch, with a gorgeous design aesthetic, and the open world is fun to just race around in. The game is so approachable that we said “you don’t need to be into cars to love it.” This is just the latest former Xbox exclusive to bridge the console divide. Indiana Jones and the Great Circle debuted as an Xbox exclusive in December, but is also coming to the PS5 soon. Other former exclusives that have been allowed to roam free include Sea of Thieves, Hi-Fi Rush, Pentiment and Grounded. Source link #Forza #Horizon #careens #PS5 #April Pelican News View the full article at [Hidden Content]

Google makes cuts to HR and cloud units Google makes cuts to HR and cloud units A view of the Google headquarters in Mountain View, California, on April 16, 2024. Tayfun Coskun | Anadolu | Getty Images Google told staffers in its “People Operations” and cloud organizations this week that it plans to cut employees as a part of internal reorganizations, CNBC has learned. The company will offer a voluntary exit program to U.S.-based, full-time employees in People Operations, Google’s human relations division, starting in early March, according to a memo issued by HR chief Fiona Cicconi on Tuesday that was viewed by CNBC. The latest cuts come after finance chief Anat Ashkenazi said one of her top priorities would be to drive more cost-cutting as Google expands its spending on AI infrastructure in 2025. After the company reported revenue that missed expectations for the fourth quarter earlier this month, Ashkenazi said that the company had strong demand for AI products and that it “exited the year with more demand than we had available capacity.” As part of the People Operations buyouts, employees who are level 4 and level 5 may receive a severance of 14 weeks of salary and one additional week for every full year of service, the memo states. Those are considered mid- to senior-level employees. Separately, the company also made cuts to several teams within its cloud unit, mostly impacting operations support staff, according to sources and separate internal memos. Some of those moves include moving roles to other countries. The company confirmed the changes to CNBC, saying reorganizations are part of the normal course of business. “Our teams have continued to make changes to operate more efficiently, remove layers, and ensure they are set up for long term success,” said Google spokesperson Brandon Asberry in a statement. “This work is ongoing as we continue to invest in our company’s biggest priorities and the significant opportunities ahead.” Last month, Google executives announced they would offer buyouts to U.S. based employees in its “Platforms and Devices” unit ahead of expected cuts. That unit houses more than 25,000 full-time employees who work on Android, Chrome, ChromeOS, Google Photos, Google One, Pixel, Fitbit and Nest. The company said it is supporting all impacted employees, in line with local requirements, including time to explore and apply to different roles at Google. Cloud Cuts The Alphabet-owned company’s cloud layoffs impacted the unit’s sales operations, customer experience, internal deal and go-to-market teams, according to sources who asked not to be named because they are not permitted to speak publicly. Cloud is one of the company’s high-growth business units and benefits from AI products. For the fourth quarter, the cloud unit’s revenue increased 30% from the year prior. Alphabet has been drawing profit from the cloud business as it tries to keep up with market leaders Amazon Web Services and Microsoft Azure. Some impacted employees’ roles are being relocated to India and Mexico City, according to sources and internal correspondence viewed by CNBC. The company confirmed that the changes include consolidating or opening roles in other parts of the U.S and overseas. The largest employee presence for the cloud unit is still in the U.S., and that’s not changing, the company added. The number of layoffs is unclear, but the company said it is small in quantity and that the organization continues to hire for critical sales and engineering roles. Bloomberg first reported the cuts to Google’s cloud division on Wednesday. WATCH: Google reportedly to be hit with EU charges of infringing on Apple, Meta platforms Source link #Google #cuts #cloud #units Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Caller tears up begging for help Caller tears up begging for help The emotional 911 call made by a maintenance worker after discovering the bodies of Gene Hackman and his wife, Betsy Arakawa, has been released. Hours after news broke of their tragic deaths, TMZ obtained audio of an employee frantically pleading for the dispatcher to send first responders to the New Mexico home. The man, whose name was redacted, told the operator that he “found two or one deceased person inside a house.” “Please send somebody really quick,” he begged. The emotional 911 call regarding Gene Hackman and Betsy Arakawa’s deaths has been released. Getty Images A maintenance worker found the couple deceased in their home on Wednesday. / SplashNews.com As the dispatcher paused to call for the paramedics, the caller began crying while repeatedly saying, “Damn.” However, the man didn’t seem to have a personal connection to Hackman, 95, and Arakawa, 64, as he could not tell the dispatcher any personal details about them. “[It’s] a female and a male probably. I don’t know, sir. Just send somebody up here really quick,” he said. The caller said he had “no idea” if the two were “awake” or “breathing” because he “was not inside the house” with them. The unidentified caller pleaded for police assistance. Ron Galella Collection via Getty Images The workers later told police they hadn’t seen the couple in two weeks. Ron Galella Collection via Getty Images “[The house] is closed. It’s locked. I can’t go in,” he said. “But I see that she is lying down on the floor from the window.” He insisted they were not “awake” or “alert” and saw no signs of movement. “No, dude, they’re not moving!” he said while growing increasingly concerned. “Just send somebody out here really quick!” The man suggested he worked for the gated community where the couple lived and instructed the officers to meet him at the front entrance. The caller could see Arakawa lying down inside the house. WireImage The two were pronounced dead on the scene. Ron Galella Collection via Getty Images Once police entered the home, they found Arakawa lying on her right side in the bathroom. The Santa Fe detective who examined the scene said there was “bloating in her face and mummification in her hands and feet.” There were pills strewn atop the bathroom countertop and evidence that she may have fallen suddenly. Given the state of her body, authorities believe she was dead for some time. Meanwhile, her husband was found in a separate room off the kitchen. Police believe he, too, may have fallen as his glasses were located next to his body. Authorities believe the two died a while before they were discovered. ullstein bild via Getty Images Their deaths have been labeled “suspicious.” AFP via Getty Images While two of the couple’s dogs were found alive and healthy, the third was discovered dead “10-15 feet” away from Arakawa. The workers who found Hackman and the classical pianist told police they hadn’t seen them in about two weeks. A search warrant was issued for the home as authorities believe their deaths are “suspicious enough in nature to require a thorough search and investigation.” Although it was originally assumed the two died from carbon monoxide poisoning, there were “no obvious signs of a gas leak” following an inspection by the fire department and the New Mexico gas company. Source link #Caller #tears #begging Pelican News View the full article at [Hidden Content]

Nvidia bounced from the $3 trillion market cap club after stock drop Nvidia bounced from the $3 trillion market cap club after stock drop Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of the Siliconware Precision Industries Co. (SPIL) Tan Ke Plant in Taichung, Taiwan, on Thursday, Jan. 16, 2025. An Rong Xu | Bloomberg | Getty Images Nvidia is out, leaving Apple as the sole member of the $3 trillion club. The chipmaker’s shares slumped more than 8% on Thursday following quarterly earnings, wiping out about $273 billion in value and giving the company a market cap of $2.94 billion. The S&P 500 index fell 1.6% and the Nasdaq dropped 2.8%. Nvidia is still the second most valuable U.S. tech company, behind Apple, and ahead of Microsoft, one of its biggest customers. So far in 2025, Nvidia shares have lost 10% of their value, as the company faces investor concerns about export controls, tariffs, more efficient artificial intelligence models, and an overall slowing pace of growth. Even after the latest slide, Nvidia is still worth five times more than it was two years ago, at the start of the generative AI *****. It first hit a $3 trillion market cap in June 2024. Nvidia reported results on Wednesday that topped analysts’ estimates across the board, with revenue jumping 78% from a year earlier to $39.33 billion. The company’s data center revenue, which includes its market-leading graphics processors for AI workloads, soared 93% on an annual basis to nearly $36 billion. Nvidia signaled that it was going to have a strong quarter to kick off its fiscal 2026, and that production issues for its next-generation chip, Blackwell, had been mostly resolved. In recent weeks, Nvidia CEO Jensen Huang has said that the demand for its chips will remain strong as next-generation AI models that think “about how best to answer” questions step by step will require much more computing power. “The amount of computation necessary to do that reasoning process is 100 times more than what we used to do,” Huang told CNBC’s Jon Fortt in an interview on Wednesday. Nvidia counts on billions of dollars of infrastructure spend annually from the largest tech companies in the world for an outsized amount of its revenue. On Wednesday, Huang said that large cloud service providers — companies like Microsoft, Google, and Amazon — accounted for about half of Nvidia’s data center revenue. WATCH: CNBC’s full interview with Nvidia CEO Jensen Huang Source link #Nvidia #bounced #trillion #market #cap #club #stock #drop Pelican News View the full article at [Hidden Content]

Trump eases rules on military raids and airstrikes, expanding range of who can be targeted Trump eases rules on military raids and airstrikes, expanding range of who can be targeted President Trump has rolled back constraints on American commanders to authorize airstrikes and special operation raids outside conventional battlefields, broadening the range of people who can be targeted, according to U.S. officials with knowledge of the policy shift. The quiet but seismic recalibration dismantles Biden-era mandates and signals a return to more aggressive counterterrorism policies Trump first instituted in his first term. During his first overseas trip earlier this month, Defense Secretary Pete Hegseth, in a meeting with senior U.S. military leaders from U.S. Africa Command in Germany, signed a directive easing policy constraints and executive oversight on airstrikes and the deployment of American commandos. The move prioritizes flexibility by giving commanders greater latitude to decide whom to target while relaxing the multi-layered centralized control former President Joe Biden implemented over airstrikes and raids by American special operation forces, U.S. officials told CBS News on condition of anonymity because they were not authorized to speak publicly about national security matters. One senior Defense Department official told CBS News that Biden’s warfare policies were carbon copies of those established during former President Barack Obama’s second term. During Biden’s tenure, airstrikes typically focused on the senior leadership of terrorist organizations. The official added that Mr. Trump’s approach carries both risks and rewards because the streamlined process can potentially degrade foreign terrorist organizations capabilities faster, given the lower threshold required to strike and widened target selection, but it inherently raises the risk of flawed decisions and unintended civilian casualties. The Islamist armed group Al-Shabaab in Somalia and the Houthis in Yemen were discussed as potential targets, according to U.S. officials with knowledge of the meeting. It’s not clear if the other U.S. combatant commands around the world were also given the same directive. CBS News reached out to the Pentagon and U.S. Africa Command on Tuesday, but has not received a reply. American military airstrikes fall into two broad categories — deliberate and defensive, according to U.S. Africa Command’s website. Deliberate strikes adhere to a multi-layered process of regulations and high-level vetting, which under the Biden administration ran through the Joint Staff and the executive branch. Throughout the deliberate strike process, military lawyers review the compiled intelligence to determine if individuals are legal combatants under the law of armed conflict, to reduce the risk of civilian casualties and avoid targeted killings of innocent people mistaken for terrorist suspects. Defensive airstrikes are used “in limited circumstances where U.S. or specifically designated partner forces are in imminent danger from hostile forces,” according to U.S. Africa Commands website. These types of airstrikes are typically authorized by the combatant command, and the executive branch does not need to approve these strikes. A leaked classified study from 2013, obtained by The Intercept, details how the U.S. government authorized drone strikes in Yemen and Somalia between 2011 and 2012 following presidential approval during the Obama administration — policies similarly implemented under Biden. Before launching a strike, military commanders had to ensure it met a number of strict criteria and obtain approvals from seven decision makers — including the president. The individual targeted had to be confirmed as a member of an approved terrorist organization using two independent forms of intelligence. Civilian casualties had to be projected as minimal. And there could be no “contradictory intelligence” muddying the waters. The process became a high-stakes roundtable. The task force that assembled the target package, the combatant commander, the CIA chief of mission, and the host nation all had to sign off on the airstrike. A single dissent along the way meant the operation would be halted. It’s not clear if these same provisions are included in the new directive. However, they did exist during Mr. Trump’s first term, with some exceptions on approval by the host nation in countries such as Afghanistan. The directive to U.S. Africa Command comes at a tumultuous time inside the Pentagon, following the firings by the Trump administration of the top judge advocate generals for the Air Force, Army and Navy. Traditionally seen as apolitical positions, these top uniformed Pentagon officials encompass a broad range of responsibilities, from overseeing criminal cases involving the rank-and-file to ensuring the top brass adhere to international laws of armed conflict. Speaking to reporters on Monday, Hegseth defended the removals, stating that they were necessary to ensure there were no “roadblocks to orders given by a commander-in-chief.” He added, “Ultimately, I want the best possible lawyers in each service to provide the best possible recommendations, no matter what, to lawful orders and are given, and we didn’t think those particular positions were well suited, and so we’re looking for the best.” Margaret Brennan and Eleanor Watson contributed to this report. James LaPorta James LaPorta is a verification producer with CBS News Confirmed. He is a former U.S. Marine infantryman and veteran of the Afghanistan war. Source link #Trump #eases #rules #military #raids #airstrikes #expanding #range #targeted Pelican News View the full article at [Hidden Content]

As Nvidia fights to stay relevant in China, more than sales are at stake As Nvidia fights to stay relevant in China, more than sales are at stake Nvidia is walking a tightrope in China with export controls — balancing compliance, profits and staying competitive. During the chipmaker’s earnings call Wednesday evening, CEO Jensen Huang noted that revenue from China has dropped to half of pre-export control levels. To put that in perspective: We’re still talking about $17 billion, according to Nvidia’s annual report . That’s 13% of total revenue, which is significant if more U.S. export restrictions come into play soon. The export-compliant H20 chips have been Nvidia’s lifeline in China, generating an estimated $12 billion to $15 billion in 2024 and keeping the company relevant in that market for now. ******** customers have been eagerly buying these chips, especially since DeepSeek started getting global attention. If these chips get banned, Nvidia could lose billions in annual revenue from China. Sure, their global dominance and new Blackwell line will cushion the blow, but the real question will be how China responds. Will they continue buying these “cut-down” export-compliant Nvidia chips, or will they double down on domestic alternatives? Huang warned that competition in China is growing, and for the second straight year, Nvidia listed Huawei as a competitor in its 10K filing with the Securities and Exchange Commission. NVDA YTD mountain Nvidia stock year to date. The silver lining? Nvidia’s stock price likely already factors in further export controls by the U.S. government. Shares were down more than 5% in trading Thursday afternoon, bringing year-to-date declines to nearly 8%. Mizuho’s Jordan Klein said shares have been “de-risked,” while Citi suggested that China restrictions, semiconductor tariffs and Nvidia’s gross margins might keep the stock range-bound for a while. What’s becoming clear is that this isn’t just about short-term revenue hits. It’s about Nvidia potentially losing its foothold in the world’s largest semiconductor market just as domestic competitors are gaining ground. The real long-term risk isn’t just losing today’s China revenue, but missing out on tomorrow’s growth story in a market that’s rapidly developing its own AI chip ecosystem. Source link #Nvidia #fights #stay #relevant #China #sales #stake Pelican News View the full article at [Hidden Content]

A young man’s brain turned to glass during the eruption of Mount Vesuvius. Scientists say they have figured out how – CNN A young man’s brain turned to glass during the eruption of Mount Vesuvius. Scientists say they have figured out how – CNN A young man’s brain turned to glass during the eruption of Mount Vesuvius. Scientists say they have figured out how CNNHow did this man’s brain turn to glass? Scientists have a theory Phys.orgMount Vesuvius turned this ancient brain into glass. Here’s how Science News MagazinePreserved in Glass: How Mount Vesuvius Locked This Roman’s Brain in Time GizmodoPompeii volcanic eruption was so hot it turned brain to glass The Independent Source link #young #mans #brain #turned #glass #eruption #Mount #Vesuvius #Scientists #figured #CNN Pelican News View the full article at [Hidden Content]

California couple convicted after plane chat leads to animal trafficking bust California couple convicted after plane chat leads to animal trafficking bust A California couple learned the hard way that discussing their travel plans with strangers can have dire consequences, especially when those plans involve transporting the remains of a protected sea turtle in their carry-on luggage. More than a year ago, two officers from the California department of fish and wildlife (CDFW) were flying back to northern California from San Diego, dressed in plain clothes, and struck up a conversation with a couple seated nearby who were discussing hunting. During the conversation, the couple admitted they were carrying a sea turtle skull from the east coast in their luggage. They also mentioned illegally hunting a mountain lion, a specially protected species in California, and told the officers about a relative’s “trophy room” full of taxidermized mountain lions, a wolverine and other animals. After the flight, the CDFW officers asked to see the sea turtle skull. The couple waited until TSA officers weren’t looking before pulling it out from inside a jacket in their carry-on bag. The skull belonged to a green sea turtle, an endangered species that is ******** to own or transport. Within two days, the officers got search warrants for the couple’s home in Chico and their relative’s home in Napa county. When they searched the Chico home, they found the couple processing a deer they killed illegally that same day. Deer season was closed, and they had no permits. Inside the home, wildlife officers also found mountain lion claws, a ringtail cat, a mounted barn owl and several deer taken without proper tags. Ringtail cats are a fully protected species in California and it is ******** to own a mounted raptor or raptor parts without state and federal permits. At the Napa county home, authorities found two full-bodied taxidermized mountain lions and a wolverine, which are both ******** to possess in California. All the animals were taken as evidence. “This case shows how important it is for our wildlife officers to be alert at all times,” said the CDFW’s chief of law enforcement, Nathaniel Arnold, in a statement. “Like human and narcotics trafficking, wildlife trafficking of both live animals and animal parts is known to fund transnational criminal organizations and their violent activities all over the world.” Byron Lee Fitzpatrick, 24, and Shannon Lee Price, 28, were convicted of violating state wildlife laws, received a one-year probation prohibiting them from hunting or associating with hunters, and were fined $1,865 and $1,015, respectively. They face an additional $1,000 each for violating federal wildlife laws. Harry Vern Fitzpatrick, 64, pleaded guilty in Napa county to possessing protected species, and was placed on six months of probation. He also received a $605 fine and forfeited his ******** collection. Global wildlife trafficking is the third-largest ******** trafficking activity in the world, behind drug trafficking and counterfeit foods, according to a 2023 report from the ratings firm Moody’s. The US is the “source, destination and transit location” for ******** trafficking in wildlife and animal products, the report says. Source link #California #couple #convicted #plane #chat #leads #animal #trafficking #bust Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Dell earnings report Q4 2025 Dell earnings report Q4 2025 Michael Dell, chairman and chief executive officer of Dell Inc., speaks during the Dell Technologies World conference in Las Vegas, Nevada, US, on Monday, May 20, 2024. Bridget Bennett | Bloomberg | Getty Images Dell reported fourth-quarter sales that fell short of analysts’ estimates but earnings topped Wall Street expectations. Here’s how the hardware company did versus LSEG consensus estimates: Revenue: $23.9 billion, versus $24.55 billion estimatedEPS: $2.68, adjusted, versus $2.53 estimated. Dell shares are down less than 5% so far in 2025, but the company’s stock has more than doubled in the last two years due to soaring demand for artificial intelligence systems, often based around Nvidia graphics processing chips. Dell sells Nvidia-based servers to Elon Musk’s xAI, for example, and said it had $4.1 billion in backlogged AI server orders at the end of January. Dell said it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales in the current year. Current quarter revenue will be between $22.5 and $23.5 billion, Dell said, trailing the average estimate of $23.59 billion, according to LSEG. The company guided for adjusted earnings per share during the quarter of $1.65, versus $1.76 estimated by analysts. Dell expects between $101 billion and $105 billion of revenue in its fiscal 2026, about inline with LSEG estimates of $103.17 billion. Earnings per share for the full year will be $9.30, the company said, topping estimates of of $9.23 Net income increased to $1.53 billion, or $2.15 per share, from $1.21 billion, or $1.66 per share, in the year-ago *******. Dell raised its dividend by 18% and announced $10 billion in share repurchase authorization. Revenue rose 7% in the fourth quarter, driven by the company’s Infrastructure Solutions Group, its server division, which saw sales rise 22% to $11.35 billion. That was under a StreetAccount estimate of $11.7 billion in sales. Dell’s client solutions group, its biggest business, saw sales rise 5% to $11.88 billion, due to a sluggish laptop market. StreetAccount was expecting $11.98 billion in revenue. Dell revealed on Thursday that it had discovered that some of its suppliers had given it credits that were not recorded or that were recorded at the wrong time. The impact was “not material,” Dell said, adding that it had restated prior financial statements in 2024 and 2025. “The company initiated an investigation that indicated that the credits resulted from the actions of certain employees that support a limited number of suppliers, impacting the Client Solutions Group segment and overstating cost of goods sold by approximately $200 million in fiscal 2024 and $148 million in fiscal 2025 for the nine months ended November 1, 2024,” Dell said in its press release. WATCH: Dell nears deal to sell $5 billion in AI servers to xAI Source link #Dell #earnings #report Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Trump says he's hopeful for Ukraine peace deal and *** trade deal after Starmer talks – BBC.com Trump says he's hopeful for Ukraine peace deal and *** trade deal after Starmer talks – BBC.com Trump says he’s hopeful for Ukraine peace deal and *** trade deal after Starmer talks BBC.comTrump cuts off talk of Canada annex alongside ***’s Starmer: ‘That’s enough’ The HillTrump accepts second state visit to ***, reveals letter from King Charles Fox News Source link #Trump #he039s #hopeful #Ukraine #peace #deal #trade #deal #Starmer #talks #BBC.com Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

A ***-US trade deal could happen ‘very quickly’, says Donald Trump A ***-US trade deal could happen ‘very quickly’, says Donald Trump Reuters A trade deal between the US and *** could happen “very quickly” President Donald Trump has said at a joint press conference with Sir Keir Starmer. Speaking during the prime minister’s visit to the White House, Trump envisaged “a real trade deal” which could see the *** could avoiding the kind of tariffs the president has been threatening on its trading partners. Sir Keir said the two countries would begin work on a new economic deal which would be centred on the potential of artificial intelligence. “Instead of over-regulating these new technologies, we’re seizing the opportunities that they offer,” he said. Trump has repeatedly threatened to impose tariffs – import taxes – on many of its allies, including 25% on goods made in the European Union. He also ordered a 25% import tax on all steel and aluminium entering the US – which could hit the ***. Asked if Sir Keir had tried to dissuade the president from ordering tariffs against the ***, Trump said: “He tried.” “He was working hard I tell you that. He earned whatever the hell they pay him over there. “I think there’s a very good chance that in the case of these two great, friendly countries, I think we could very well end up with a real trade deal where the tariffs wouldn’t be necessary. We’ll see.” In a bid to convince the president against *** tariffs, Sir Keir said the US-*** trade relationship was “fair, balanced and reciprocal”. Since leaving the European Union, successive British leaders have hoped to get a trade deal with the US. In his first term as president, Trump said talks about a “very substantial” trade deal with the *** were under way. However, negotiations stalled with disagreements over US agricultural exports and *** taxes on tech companies causing problems. Source link #UKUS #trade #deal #happen #quickly #Donald #Trump Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]