Dune Awakening Hands-On Preview – Before The Spice Can Flow, One Must Build [Wccftech]
Dune Awakening Hands-On Preview – Before The Spice Can Flow, One Must Build [Wccftech]
lucasnooker21d ago (Edited 21d ago )
Seems to be dying. I’m not sure this is good for the industry.
These next few years 2025-2030 might be the last we see of well optimized games for hardware before AI takes over…
I think GTA VI will be one of the last major AAA titles developed and optimized for all hardware traditionally. (Feel they have to because they have such a large audience)
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#Dune #Awakening #HandsOn #Preview #Spice #Flow #Build #Wccftech
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City teen Apostolakis looming as future Matilda
City teen Apostolakis looming as future Matilda
Teenage defender Alexia Apostolakis is making her mark at Melbourne City in the A-League Women and looms as a future Matilda.
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#City #teen #Apostolakis #looming #future #Matilda
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Robobeat Review – Netto’s Game Room
Robobeat Review – Netto’s Game Room
“The Leamington Spa-based (the ***) indie games publisher Kwalee and Simon Fredholm (A Swedish indie games developer), are today very delighted and thrilled to announce that they have just released a brand-new content update for their roguelite rhythm shooter “Robobeat” (the said update is available right now for PC via Steam and EGS).” – Jonas Ek, TGG.
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#Robobeat #Review #Nettos #Game #Room
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Lawmakers urge Trump to consider new curbs on Nvidia chips used by China’s Deepseek
Lawmakers urge Trump to consider new curbs on Nvidia chips used by China’s Deepseek
WASHINGTON (Reuters) – Two U.S. Congress members are calling on President Donald Trump’s administration to consider restricting the export of artificial intelligence chips made by Nvidia, alleging ******** AI firm DeepSeek has relied on them.
Republican John Moolenaar and Democrat ***** Krishnamoorthi, who lead the House Select Committee on China, asked for the move as part of a Commerce and State Department-led review ordered by President Donald Trump to scrutinize the U.S. export control system in light of “developments involving strategic adversaries.”
“We ask that as part of this review, you consider the potential national security benefits of placing an export control on Nvidia’s H20 and chips of similar sophistication,” they wrote in a letter dated Wednesday and addressed to National Security Advisor Michael Waltz. They released the letter on Thursday.
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In the letter, they allege that a sophisticated AI model recently released by DeepSeek made “extensive use” of Nvidia’s H20 chip, which is currently outside the scope of U.S. export controls.
DeepSeek and the White House did not immediately respond to requests for comment. Nvidia said in a statement that its products “comply with all requirements set by the government” and that the company “is ready to work with the Administration as it pursues its own approach to AI.”
(Reporting by Alexandra Alper; Editing by David Gregorio)
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#Lawmakers #urge #Trump #curbs #Nvidia #chips #Chinas #Deepseek
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Intel (INTC) Q4 earnings report 2024
Intel (INTC) Q4 earnings report 2024
Michelle Johnston Holthaus, Intel’s co-CEO and then executive vice president and general manager of the company’s Client Computing Group, holds a Intel Core Ultra processor as she speaks during the Intel AI Everywhere event in New York on Thursday, Dec. 14, 2023.
Victor J. Blue | Bloomberg | Getty Images
Intel issued disappointing quarterly guidance on Thursday, but reported earnings and revenue that topped estimates.
Here’s how the company did in the fourth quarter compared with LSEG estimates:
Earnings per share: 13 cents adjusted vs. 12 cents expected
Revenue: $14.26 billion vs. $13.81 billion expected
Intel’s revenue declined for a third straight quarter, decreasing 7% from a year earlier, according to a statement. The company’s net loss for the quarter totaled $126 million, or 3 cents per share, compared with net income of $2.67 billion, or 63 cents per share, in the same quarter a year ago.
It’s the chipmaker’s first earnings report since announcing the departure of Pat Gelsinger as CEO. Gelsinger, who took the help in CEO, had a brutal tenure, giving up market share to competitors and falling way behind in the artificial intelligence race while committing billions of dollars for manufacturing plants.
Intel appointed two interim co-CEOs, finance chief David Zinsner and Intel Products CEO Michelle Johnston Holthaus, to succeed Gelsinger.
“Dave and I are taking actions to enhance our competitive position and create shareholder value,” Johnston Holthaus was quoted as saying in Thursday’s release.
Adjusted results exclude stock-based compensation, acquisition-related adjustments and interest on an annulled fine from the European Commission.
Intel said it will report breakeven profit for the first quarter, with revenue of between $11.7 billion and $12.7 billion. The LSEG consensus was $12.87 billion in revenue and 9 cents in adjusted earnings per share.
Management pointed to seasonality, economic conditions and competition, and said clients are digesting inventory.
Intel’s Client Computing Group, which sells PC chips, produced $8.02 billion in revenue in the fiscal fourth quarter. Revenue was down 9% year over year but above the $7.84 billion consensus among analysts polled by StreetAccount.
The Data Center and Artificial Intelligence segment, which provides processors to cloud providers and corporate server farms, generated $3.39 billion in revenue. That was down 3% and inline with StreetAccount’s $3.38 billion consensus.
Intel’s Network and Edge unit contributed $1.62 billion in revenue, up 10% and above the $1.5 billion consensus from StreetAccount.
During the quarter, Intel finalized a $7.86 billion U.S. government grant to support manufacturing in four states.
Before Thursday’s close Intel shares were flat for the year, while the S&P 500 index was up about 3%.
Executives will discuss the results with analysts on a conference call starting at 5 p.m. ET.
This is breaking news. Please check back for updates.
WATCH: Bernstein’s Stacy Rasgon talks Intel’s stock seeing best day since August
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OpenAI in talks to raise up to $40 billion at $340 billion valuation
OpenAI in talks to raise up to $40 billion at $340 billion valuation
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025.
Carlos Barria | Reuters
OpenAI is in talks to raise up to $40 billion in a funding round that would lift the artificial intelligence company’s valuation to as high as $340 billion, CNBC has confirmed.
Masayoshi Son’s SoftBank would lead the round, contributing between $15 billion and 25 billion, according to two people familiar with the negotiations who asked not to be named because the talks are ongoing. SoftBank would surpass Microsoft as OpenAI’s top backer.
The Wall Street Journal was first to report on the talks.
Part of the funding may be used for OpenAI’s commitment to Stargate, a joint venture between SoftBank, OpenAI and Oracle that was introduced by President Donald Trump last week, the sources said. The plan calls for billions of dollars to be invested in U.S. AI infrastructure.
OpenAI was last valued at $157 billion valuation by private investors. In late 2022, the company launched its ChatGPT chatbot and kicked off the ***** in generative AI. OpenAI closed its latest $6.6 billion round in October, gearing up to aggressively compete with Elon Musk’s xAI as well as Microsoft, Google, Amazon and Anthropic.
Meanwhile, ******** startup lab DeepSeek is blowing up in the U.S, presenting fresh competition to OpenAI. DeepSeek saw its app soar to the top of Apple’s App Store rankings this week and roiled U.S. markets on reports that its powerful model was trained at a fraction of the cost of U.S. competitors.
At an event in Washington, D.C., on Thursday hosted by OpenAI, CEO Sam Altman said DeepSeek is “clearly a great model.”
“This is a reminder of the level of competition and the need for democratic Al to win,” he said. He said it also points to the “level of interest in reasoning, the level of interest in open source.”
WATCH: OpenAI in talks to raise up to $40 billion in funding round
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#OpenAI #talks #raise #billion #billion #valuation
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Intel (INTC) Q4 earnings report 2024
Intel (INTC) Q4 earnings report 2024
Michelle Johnston Holthaus, Intel’s co-CEO and then executive vice president and general manager of the company’s Client Computing Group, holds a Intel Core Ultra processor as she speaks during the Intel AI Everywhere event in New York on Thursday, Dec. 14, 2023.
Victor J. Blue | Bloomberg | Getty Images
Intel issued disappointing quarterly guidance on Thursday, but reported earnings and revenue that topped estimates.
Here’s how the company did in the fourth quarter compared with LSEG estimates:
Earnings per share: 13 cents adjusted vs. 12 cents expectedRevenue: $14.26 billion vs. $13.81 billion expected
Intel’s revenue declined for a third straight quarter, decreasing 7% from a year earlier, according to a statement. The company’s net loss for the quarter totaled $126 million, or 3 cents per share, compared with net income of $2.67 billion, or 63 cents per share, in the same quarter a year ago.
It’s the chipmaker’s first earnings report since announcing the departure of Pat Gelsinger as CEO. Gelsinger, who took the help in CEO, had a brutal tenure, giving up market share to competitors and falling way behind in the artificial intelligence race while committing billions of dollars for manufacturing plants.
Intel appointed two interim co-CEOs, finance chief David Zinsner and Intel Products CEO Michelle Johnston Holthaus, to succeed Gelsinger.
“Dave and I are taking actions to enhance our competitive position and create shareholder value,” Johnston Holthaus was quoted as saying in Thursday’s release.
Adjusted results exclude stock-based compensation, acquisition-related adjustments and interest on an annulled fine from the European Commission.
Intel said it will report breakeven profit for the first quarter, with revenue of between $11.7 billion and $12.7 billion. The LSEG consensus was $12.87 billion in revenue and 9 cents in adjusted earnings per share.
Management pointed to seasonality, economic conditions and competition, and said clients are digesting inventory.
Intel’s Client Computing Group, which sells PC chips, produced $8.02 billion in revenue in the fiscal fourth quarter. Revenue was down 9% year over year but above the $7.84 billion consensus among analysts polled by StreetAccount.
The Data Center and Artificial Intelligence segment, which provides processors to cloud providers and corporate server farms, generated $3.39 billion in revenue. That was down 3% and inline with StreetAccount’s $3.38 billion consensus.
Intel’s Network and Edge unit contributed $1.62 billion in revenue, up 10% and above the $1.5 billion consensus from StreetAccount.
During the quarter, Intel finalized a $7.86 billion U.S. government grant to support manufacturing in four states.
Before Thursday’s close Intel shares were flat for the year, while the S&P 500 index was up about 3%.
Executives will discuss the results with analysts on a conference call starting at 5 p.m. ET.
This is breaking news. Please check back for updates.
WATCH: Bernstein’s Stacy Rasgon talks Intel’s stock seeing best day since August
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14 from figure skating community killed in plane ******, six of them from Boston club – The Associated Press
14 from figure skating community killed in plane ******, six of them from Boston club – The Associated Press
14 from figure skating community killed in plane ******, six of them from Boston club The Associated PressAmerican Airlines plane, Army helicopter collide outside Reagan National Airport near Washington DC Fox News14 linked to figure skating were on crashed plane ESPNLive updates: American Airlines plane, ****** Hawk helicopter collide near Washington, DC; no survivors expected CNN
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#figure #skating #community #killed #plane #****** #Boston #club #Press
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The intense pressure behind Assetto Corsa EVO’s rushed release
The intense pressure behind Assetto Corsa EVO’s rushed release
“As the racing game genre continues to evolve, few titles have remained as respected and beloved as the Assetto Corsa series. With the early access of Assetto Corsa Evo released on 16th January to PC, the developers at Kunos Simulazioni are poised to elevate the franchise to new heights.” Jas @ Thumb Culture
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#intense #pressure #Assetto #Corsa #EVOs #rushed #release
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Scaloni delivers Messi’s 2026 World Cup message
Scaloni delivers Messi’s 2026 World Cup message
Argentina great Lionel Messi wants to play in the 2026 World Cup, but it’s too early to make any official announcements, his national coach Lionel Scaloni says.
Scaloni, who led Argentina to the 2022 World Cup title in Qatar, explained the 37-year-old record eight-times Ballon d’Or winner’s desire to remain in the squad.
“The first thing to say is that both he and his teammates are aware that there is a reasonable amount of time left and that he and everyone else are keen to play in the World Cup,” Scaloni told DSPORTS.
“We will have to wait and see how things develop. He (Messi) knows what we are thinking and he is the most intelligent of us all,” the coach added.
Scaloni also spoke about former Argentina forward Angel Di Maria’s decision to retire from international football after winning his second Copa America trophy last year.
“From what he said, it is over and in the best possible way. If he had written his film, his book, his football story, I don’t think he would have written it as well as he ended it,” Scaloni said.
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Utilities have surged over the past year. How the search for dividends changed
Utilities have surged over the past year. How the search for dividends changed
Utilities – once a sleepy corner of the stock market – have been surging over the past year, but the sector’s success may complicate the search for cheap dividend-paying names. The Utilities Select Sector SPDR Fund (XLU) is up 26% over the past 12 months, lifted by excitement around the companies’ role powering the ***** in artificial intelligence ***** and data centers. Heavy hitters Vistra Corp and Constellation Energy have soared more than 320% and 150%, respectively, over the past year. XLU 1Y mountain The Utilities Select Sector SPDR Fund (XLU) over the past year But those sharp spikes in appreciation have raised questions among investors about whether they’ll have to adjust their search parameters as they hunt for dividend payers among utilities. “The approach now in utilities is that you have to be a little more selective,” said Brent Coggins, chief investment officer at Triad Wealth Partners in Lawrence, Kansas. “This AI influence has shifted focus more in terms of picking dividend-paying utility companies to almost growth-style utility selection.” A rethink post DeepSeek Even with the run-up in large-cap utilities, Coggins thinks valuations have yet to become overstretched. When it comes to picking names, investors will need to be selective and go for companies that are nimble and ready to meet growing power demand. “Now, you look at things like, which providers are in a better market from a climate change perspective, which ones can bring on nuclear faster,” he said. “Providers like that will have a major advantage.” This also means being ready to scoop up stocks when their prices take a hit. Consider that this week, tech names tied to the AI trade – as well as the utilities expected to supply the power – took a hit. The emergence of ******** AI startup DeepSeek raised concerns over the amount of money tech companies were investing toward their AI efforts, dragging chip giant Nvidia down 14% week to date. “We still see merits in the integrated utilities over transmission & distribution but continue to recommend select lower risk names with more balanced risk rewards,” wrote Jefferies analyst Julien Dumoulin-Smith in a Tuesday note. Names that fit this narrative include Exelon , PPL Corp and Evergy , he said. Those stocks also happen to be dividend payers. Exelon has as dividend yield of 3.8%, and shares are up 14% in the past 12 months. PPL’s shares are up 28% in the past year, and they offer a dividend yield of 3.1%. Evergy’s dividend yield is 4.2%, and shares are up nearly 27% in the past 12 months. PPL 1Y mountain PPL Corp in the past year Further, with earnings coming up for these names and the DeepSeek sell-off still fresh, investors will want more details on what’s next for data center deals at the utilities, Dumoulin-Smith added. “How companies are updating and refreshing the data center pipeline versus containing stale data will provide insights into the confidence across the board,” he said. Playing on the data center power theme, JPMorgan also called out midstream companies that work with natural gas. Analyst Jeremy Tonet noted in a Tuesday report that Williams , Kinder Morgan and DT Midstream were among the names to sell off sharply in Monday’s DeepSeek scare. But that speed bump doesn’t hurt the long-term case for natural gas power names. “We do not see sufficient evidence that the case for meaningful natural gas demand growth has been derailed long term, certainly not cutting the data center demand growth case in half as others have postulated,” he said. Tonet highlighted TC Energy as “the best intersection of molecules and electrons.” The stock offers a dividend yield of about 5%, and shares are up nearly 13% in the past 12 months. Searching for smaller names Others recommend digging for smaller companies to unearth gems. Morningstar energy and utilities strategist Travis Miller recently highlighted the midcap space as offering a host of attractive opportunities. “The sweet spot right now? It’s the midcap space. There’s less execution and financing risk and more earnings growth upside,” he said. The valuation of midcap utilities doesn’t reflect the potential upside they may see just from locking up one or two deals, the strategist said. In this space, Miller likes NiSource , WEC Energy and Evergy. NiSource is up 44% in the past 12 months and has a dividend yield of 3%. WEC Energy is up 23% in the past year, with a dividend yield of 3.6%. “The best picks are going to be utilities that can execute, that can reduce their execution risk as data center growth becomes a ******* trend,” he added.
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Lonely Mountains: Snow Riders Review – Thumb Culture
Lonely Mountains: Snow Riders Review – Thumb Culture
WTMG’s Leo Faria: “I really enjoyed Lonely Mountains: Snow Riders‘ core premise, and I honestly think this game has a lot of potential… as long as it is able to maintain its servers filled up for the foreseeable future. It’s a really fun racing game, set in a unique locale for today’s standards, but considering its paultry amount of content and dangerously barren single player campaign, it will live or die based on its multiplayer population. Considering it’s coming out at launch on Gamepass, that won’t exactly be an issue, at least at first; I just want to see how well the developers will be able to keep their playerbase entertained in the long term.”
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#Lonely #Mountains #Snow #Riders #Review #Thumb #Culture
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D.A. Davidson tech analyst discusses megacap stocks making headlines this week
D.A. Davidson tech analyst discusses megacap stocks making headlines this week
After a storm of technology news and earnings this week, D.A. Davidson’s Gil Luria suggests ways to play key names in the sector. The firm’s head of technology research joined CNBC’s “Three-Stock Lunch” segment on Thursday to break down his views on Microsoft , Apple and Nvidia . Microsoft and Apple are reporting results this week, and Nvidia suffered its worst day in almost five years and a history-making loss in market value on Monday — unreleated to earnings results. Apple Apple is the only one of the three that Luria rates buy. The iPhone maker reports earnings for its first fiscal quarter of 2025 after Thursday’s closing bell, with analysts closely watching sales of its iconic phone. “We’re in the best place possible, which is long term expectations are good, because Apple will be the leader in providing consumer AI,” Luria said. But, “short term expectations are low. People don’t expect iPhone sales to grow very much.” Apple shares were little changed Thursday and have slipped more than 4% since 2025 began. The majority of analysts polled by LSEG have a buy rating and an average price target that suggests shares might only rise about 2% over the coming year. Microsoft Microsoft shares pulled back about 6% on Thursday, one day after giving weak guidance for future revenue. Luria is in the ********* on Wall Street, keeping a neutral rating while most other analysts rate the XBox maker a buy. “Microsoft is investing more and more and getting less and less growth,” Luria said. “The decelerating Azure business is a concern, especially since they’re indicating some of it is company-specific issues. They’ve invested so much in AI, they’ve taken their eye off the ball in terms of their other businesses that are now decelerating, and yet they’re still increasing their spend.” Shares are now down more than 1% for 2025. Following this decline, Wall Street now expects shares to jump more than 21% over the next year based on the consensus price target. Nvidia Luria also has a neutral rating on Nvidia. While the chipmaker isn’t expected to report earnings until late February, the Jensen Huang-led company has been the focus of Wall Street attention after its explosive, two-year run-up and the AI challenge from China’s DeepSeek lab. “At some point, Microsoft is going to stop wanting to overspend on data centers, and so that’s going to have to come out of Nvidia’s pocket,” Luria said. And if big customers start to moderate spending, “it’s going to be hard for Nvidia to keep anything close to the current growth rate.” Nvidia shares cratered 17% on Monday as DeepSeek battered global tech stocks, marking its worst day since 2020. While the stock made up some ground later in the week, shares are on track to end the week down nearly 14%, pushing its year-to-date performance into the red, down more than 8%. Unlike Luria, the majority of analysts have a buy rating on the stock. The typical price target implies shares can rise around 9% over the next 12 months.
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OpenAI in talks to raise up to $40 billion at $340 billion valuation
OpenAI in talks to raise up to $40 billion at $340 billion valuation
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025.
Carlos Barria | Reuters
OpenAI is in talks to raise up to $40 billion in a funding round that would lift the artificial intelligence company’s valuation to as high as $340 billion, CNBC has confirmed.
Masayoshi Son’s SoftBank would lead the round, contributing between $15 billion and 25 billion, according to two people familiar with the negotiations who asked not to be named because the talks are ongoing. SoftBank would surpass Microsoft as OpenAI’s top backer.
The Wall Street Journal was first to report on the talks.
Part of the funding may be used for OpenAI’s commitment to Stargate, a joint venture between SoftBank, OpenAI and Oracle that was introduced by President Donald Trump last week, the sources said. The plan calls for billions of dollars to be invested in U.S. AI infrastructure.
OpenAI was last valued at $157 billion valuation by private investors. In late 2022, the company launched its ChatGPT chatbot and kicked off the ***** in generative AI. OpenAI closed its latest $6.6 billion round in October, gearing up to aggressively compete with Elon Musk’s xAI as well as Microsoft, Google, Amazon and Anthropic.
Meanwhile, ******** startup lab DeepSeek is blowing up in the U.S, presenting fresh competition to OpenAI. DeepSeek saw its app soar to the top of Apple’s App Store rankings this week and roiled U.S. markets on reports that its powerful model was trained at a fraction of the cost of U.S. competitors.
At an event in Washington, D.C., on Thursday hosted by OpenAI, CEO Sam Altman said DeepSeek is “clearly a great model.”
“This is a reminder of the level of competition and the need for democratic Al to win,” he said. He said it also points to the “level of interest in reasoning, the level of interest in open source.”
WATCH: OpenAI in talks to raise up to $40 billion in funding round
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#OpenAI #talks #raise #billion #billion #valuation
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Breaking Down OPM’s ‘Fork in the Road’ Email to Federal Workers – Lawfare Blog
Breaking Down OPM’s ‘Fork in the Road’ Email to Federal Workers – Lawfare Blog
Breaking Down OPM’s ‘Fork in the Road’ Email to Federal Workers Lawfare BlogWhy Trump’s Buyout Plan Is Poised to Fail in Spurring Resignations BloombergSome government employees dismayed after Musk jokes about buyout offer ABC NewsI Just Got Trump’s “Buyout” Offer at My Job. Let Me Tell You How That’s Going. Yahoo! Voices
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Pokémon Go debuts new February Eggs-pedition Access for Dual Destiny
Pokémon Go debuts new February Eggs-pedition Access for Dual Destiny
Pokemon Go is set to debut its newest Eggs-pedition Access pass
This includes top rewards and an exclusive timed research task
Nab it now for only $4.99 (or local equivalent)
With the Dual Destiny season fully underway, Pokémon Go fanatics looking for a bit of a boost are in luck. Hot off the heels of January’s Eggs-pedition Access pass, a new one is set to launch this February offering exciting rewards and more for players as this monthly event makes a return!
How does it work? Well from February 1st to the 28th you’ll be able to purchase the new Eggs-pedition Access pass for $4.99 (or your local equivalent). Granting a huge variety of bonuses you can even buy an extra one to gift with pals of Great friends or higher levels.
But how about them bonuses eh? Well to start with how does a single-use incubator for each Pokestop or Gym spin of the day sound? Add onto that 3XP for your first catch of the day for your first Pokestop or Gym spin of the day and an exclusive timed Research task that’ll grant you 15000 XP and 15000 Stardust when completed, and it sounds like you’ll be getting some hefty rewards.
Eggs-cellent
While it sounds like a pretty good deal I’m sure some of you are probably a little disappointed there aren’t any major surprises for this announcement. But, thems the breaks and Dual Destiny has a hefty amount of content to finish in the brief time it’s available anyway.
Certainly, they’re doing a bit better than Pokémon TCG Pocket which, while it debuted a major new expansion in the form of Space-Time Smackdown, hasn’t gone without criticism for its recently-released trading feature that hasn’t particularly lit up the world of Pokémon fanatics.
Still, you know what time of the week it is! That’s right, our latest entry in our list of the top five new mobile games to try this week is out, featuring the best launches from the last seven days.
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Margaret River Rotary Timor Leste exchange program Alternate Leavers opens for 2025 mission
Margaret River Rotary Timor Leste exchange program Alternate Leavers opens for 2025 mission
Some of the region’s best and brightest young high school graduates have celebrated a life-changing adventure helping less fortunate communities overseas.
A cohort of 10 Margaret River Senior High School students have praised their experience as part of the annual Rotary exchange to Timor Leste which this week opened for new applicants.
Backed by Rotary Margaret River’s ongoing philanthropic work, the graduates chose to volunteer in Timor in late November while many of their peers were partying instead.
Among numerous activities that included meeting Timor Leste president Jose Manuel Ramos-Horta, the 10 teenagers worked hard to lay a new floor for a local medical clinic.
The Margaret River, Leeuwin and Cowaramup Lions clubs along with business sponsors also provided the students more than 180 school bags filled with important education as well as medical supplies to donate.
But the trip also included valuable outdoors experiences as well as character tests for the young participants.
Student Kate Jovic said she was never keen on the idea of conventional Leavers and when she heard about the Rotary program, she jumped at the chance.
“I realised Timor could be a once-in-a-lifetime opportunity and I was very excited to learn about a country which celebrated entirely different cultures to what I’ve ever been used to,” she said.
“I felt that everyone who volunteered all shared a love for Timor Leste after the trip.
“The best thing I got out of it was appreciating how kind the people we met were, despite their very poor living conditions,” she said.
“It really put an emphasis on how privileged we are in Australia and how lucky I was to step out of my comfort zone into another world.”
Highlights included visiting the island of Atouro and hiking with her friends to the remote village of Adara.
“Adara had limited access to resources,” Ms Jovic told the Times.
“It doesn’t even have a road to cross the island.
“We had many engaging volleyball games with the locals. This ended up being the most fun and memorable part for me.”
She also said she would love the chance to return to Adara and reconnect with friendships made there.
Rotary president Charles Johnson commended the attitude of the youngsters.
“The Timor Leste Alternate Leavers Program has been a great success and will be continued next year,” he said.
“It is a great demonstration of young people being prepared to help communities in need instead of participating in the usual Leavers activities.”
Rotary had opened expressions of interest for the club’s year-long overseas Rotary Youth Exchange as well as its 2025 Alternate Leavers trip.
Applicants were urged to visit forms.gle/PLjioL61FeHSphFd9 to apply by April 1.
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Agentic AI, data as a product among growing analytics trends
Agentic AI, data as a product among growing analytics trends
Agentic AI, the autonomous use of AI to carry out specific tasks, emerged as a major trend in data management and analytics last year.
That will continue in 2025, according to Stijn Christiaens, co-founder and chief data citizen at metadata management specialist Collibra. But more widespread use of agentic AI won’t be the only data management and analytics trend that will grow throughout the remainder of this year, he said during a webinar hosted by Collibra on Jan. 22 in which he outlined the five major trends he foresees for 2025.
The use of AI to automate certain decisions will gain momentum, according to Christiaens. So will the concept of data as a product — the idea that data needs to be treated not as information, but instead as an asset that can be easily operationalized to inform actions — and the implementation of data marketplaces to organize and even monetize data.
Meanwhile, an increased emphasis on governance will underpin the growing use of analytics and AI products, ensuring the quality of the data used to train AI applications and the proper use of AI once deployed.
“With the tidal wave of AI development, the topic of governance is more mainstream than ever,” Christiaens said. “Ten years ago, the only ones talking about data governance were experts. Today, because of AI, data governance seems to be on a lot more people’s lips and in a lot more media.”
Here are the five trends Christiaens predicts will dominate data management and analytics over the next 11 months.
1. The emergence of data marketplaces
Many organizations deploy data catalogs to organize and govern their data.
With the tidal wave of AI development, the topic of governance is more mainstream than ever. Ten years ago, the only ones talking about data governance were experts. … Today, because of AI, data governance seems to be on a lot more people’s lips and in a lot more media.
Stijn ChristiaensCo-founder and chief data citizen, Collibra
Data catalogs are software applications that use metadata to inventory an organization’s data, making it discoverable so that engineers and developers can find the data needed to create reports, dashboards and other tools that can be used to inform decisions. In addition, data catalogs let organizations put in place data governance measures, which are policies and controls that simultaneously protect the organization from violating regulations while enabling users to work with data confidently.
Data catalogs have been used most frequently to connect to data stored in data lakes, warehouses and other repositories so that it can be discovered and used.
But according to Christiaens, there’s another way catalogs can be used. Instead of facing down in the data stack with a focus on metadata, they can face up toward data consumers with a focus on data products such as reports, dashboards and now generative AI applications, making them easy to find so that they can serve the needs of the business.
“It’s a way to look at a data catalog as a marketplace,” Christiaens said. “The contents are data products instead of metadata, and the audience is analysts or data citizens. The [catalog] might be the same thing, but the way it’s looked at is different.”
In essence, looking at a data catalog as a marketplace for data is a shift from focusing on data collection to data consumption by analysts and other users, according to Dmytro Lugovyi, Collibra’s senior director of value consulting, who also spoke during the vendor’s webinar.
“[Data marketplaces] will redefine how businesses manage their data,” he said.
Beyond helping analysts and other business users find and operationalize data assets more easily, using catalogs as a marketplace rather than a metadata management tool can better enable organizations to monetize data assets.
Data has value and can be sold. But that’s just one way to monetize data, according to Christiaens. In addition, it can be used to improve core products and services sold to third parties and develop insights that can be marketed to others.
“There is a massive opportunity for many companies,” Lugovyi said.
2. Enterprises embrace data as a product
In conjunction with the emergence of data marketplaces, another rising trend in data management and analytics is treating data as a product rather than merely a collection of information.
While marketplaces are a means of indexing data products and selling them, the products themselves are tools that can inform business decisions that lead to growth or be sold to third parties to create new revenue streams.
Treating data as a product was already becoming a significant trend in recent years due to the rise of data mesh as a data management architecture, increasing attempts by organizations to monetize data and analytics products, and the evolution of the chief data officer role.
“Various things are happening in the market that are making this come alive,” Christiaens said.
But another thing is happening that will accelerate the treatment of data as a product — as an asset rather than just a source of information. It is the rise of generative AI development over the past two years.
The investments enterprises are making in developing generative AI applications have surged since OpenAI launched ChatGPT in November 2022, given generative AI’s potential to make workers smarter and more efficient. Generative AI, however, completely relies on an enterprise’s proprietary data to be of value to that enterprise.
It needs to be trained with proprietary data to understand the business, respond to questions and take on certain repetitive tasks. As a result, generative AI applications, like reports and dashboards, are data products.
“AI, to me, now is generative AI,” Christiaens said. “That means there is a tidal wave of AI projects happening, and AI … is a product of training on your own data.”
With generative AI applications in effect data products, they will need to be governed just as data and data products are governed, he continued.
The data used to train models and applications has to be governed to ensure it is accurate and complete, just as it does when it informs a report or dashboard. And the resulting product needs to be governed so that it is properly used, which means establishing ownership so that someone is responsible for it and implementing processes for its management and use.
“When it comes to ownership, process or even quality, AI is only going to be as qualitative as the data you feed into it,” Christiaens said. “If you feed it low-quality data, don’t expect it to get smarter and clean the data. It doesn’t know how to do that.”
As AI-powered automation and generative AI agents become more popular, it is critical for enterprises to establish strong governance frameworks.
3. Automated decision-making increases
Beyond responding to user questions, generative AI can be trained to take on repetitive tasks that previously had to be performed by human beings.
For example, generative AI applications can be trained to create data pipelines that move data from databases, data warehouses, data lakes and data lakehouses to applications that inform business decisions. Similarly, they can take on data observability, which is the process of monitoring data as it moves throughout pipelines to make sure it remains high-quality.
Both are time-consuming tasks that when automated make developers and other data experts more efficient. As a result, more AI-powered automation of data management and analytics tasks will be a trend throughout 2025, according to Christiaens.
There is, however, a problem organizations will need to overcome to benefit from increased automation through generative AI, according to Lugovyi: Many people fear turning processes over to machines.
“Automation makes [people] scared,” he said. “If someone does something, you can talk to the person to ask why they’re doing something and discuss, but giving autonomy to AI can be problematic.”
That fear is one reason more enterprises haven’t adopted AI, Christiaens added.
“Fear and uncertainty have been why organizations reject automated solutions,” he said. “If someone doesn’t know how something was built and how it works, it’s a ****** box. Uncertainty is why old AI projects as well as new ones have been such a challenge to get to production.”
The fear can — and will — be overcome, Christiaens predicted.
Change management will play a role, with transparency a key part of that.
If an executive makes 200 decisions per day, some will be good and others bad. But there is time to examine those decisions before taking any action. Automated systems can make thousands of decisions per second and take immediate action.
Governance that not only results in high-quality data, but also shows the lineage of the data so that humans can know about the data used to inform automated processes is key. It’s what provides the transparency that leads to trust. In addition, accountability is important, with someone assigned responsibility for overseeing the performance of AI models and applications to make sure they are accurate and up to date.
“Ultimately, a lot of the data governance practices we learned in the past are immediately applicable and relevant for the AI challenges that are in front of us,” Christiaens said.
Still, he acknowledged that balancing the substantial benefits of AI-powered automation with the risk of outsourcing processes is a delicate task.
4. Agentic AI expands its reach
Just as the use of AI to automate processes will become a more mainstream data management and analytics trend throughout 2025, AI agents will become more ubiquitous this year, according to Christiaens.
Agents are, in a sense, the evolution of chatbots. Chatbots enabled users to ask questions and receive feedback using natural language. Some could also make suggestions. In effect, they were assistants, helping individual workers make more informed decisions.
Agents have the same capabilities as assistants, but go a step further by autonomously performing certain tasks and making certain decisions that save time and add efficiency.
For example, AI agents can be trained to do much of the documentation required of developers as they test applications. In addition, they can be trained to create some of the code. Beyond engineering, they can author report summaries, create presentations and do more to save people time.
As a result, research and advisory firm Gartner predicts that by 2028, a third of all enterprise software applications will include agentic AI capabilities, up from less than 1% in 2024, and about 15% of all work decisions will be made by agents rather than humans.
“Agentic AI, whether it’s Gartner’s prediction or other data, is very real,” Christiaens said.
In 2023, organizations focused on AI infrastructure, including large language models, he continued. Last year, that began to shift toward the applications themselves, including agents.
“It’s about agents that can take actions on your behalf,” Christiaens said. “Those agents are going to be very mainstream.”
But just as automating processes has to overcome a lack of trust, so do agents before their use can become widespread. And just as good governance that includes transparency is key to engendering trust in automation, it is also key to making AI agents trustworthy, according to Christiaens.
“Agents are the future, and when it comes to making sure that they work well, this is where the topic of governance becomes very important,” he said.
Trust, however, is a barrier only because these are the early days of a new technology. Once agents have proved their worth and proved to be trustworthy, they will be like other technologies that once were new and drew skepticism, but eventually became widely accepted.
A century ago, cars drew skepticism, Christiaens noted. Now, trust is the default when it comes to automobiles, and distrust only arises when a problem arises.
“Ten years from now, trust [in AI] is going to be business as usual,” Christiaens said. “Young people now will see it as normal.”
5. Organizations emphasize governance
Underpinning the success of data marketplaces, treating data as a valuable product, and relying on AI to carry out tasks and make autonomous decisions is governance.
High-quality data is at the core of data and AI tools, and governance is how organizations can best put in place the policies and procedures that lead to not only high-quality data, but also the proper use of the resulting applications.
Without governance, the data and AI products in a marketplace can’t be trusted. Neither can the processes and decisions carried out by AI applications.
“Everything starts with the data — it’s absolutely vital,” Lugovyi said. “Those who forget about data quality and transparency will lose their competitiveness.”
As a result, governance, while already important, will become even more so in the coming months and become a major trend in data management and analytics in 2025, according to Christiaens.
Data and AI governance are key to unlocking the value of generative AI for individuals using applications such as assistants and agents. They are also key to scaling generative AI beyond employee use to take on organizational processes and to remaining compliant with regulations placed on the use of data and AI.
“All the responsibility steps we’re used to when building other systems, whether data lakes and warehouses or dashboards, has to be applied to AI,” Christiaens said. “It all boils down to good governance. … You can’t have AI without proper data, so you have to care for your data assets.”
Eric Avidon is a senior news writer for Informa TechTarget and a journalist with more than 25 years of experience. He covers analytics and data management.
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Elon Musk takes the return to office to new extremes—he claims he’s turned DOGE’s D.C. headquarters into his bedroom
Elon Musk takes the return to office to new extremes—he claims he’s turned DOGE’s D.C. headquarters into his bedroom
Tesla CEO Elon Musk has apparently been telling people he’s sleeping in at the Department of Government Efficiency (DOGE) office, according to reports from Wired.
Born out of an executive order, DOGE is already facing multiple lawsuits, one of which claims the branch is acting as a federal advisory committee. Musk, heading said operations, says he is working out of DOGE’s headquarters in the Eisenhower Executive Office Building, reports Wired. He also has asserted that he has been invited to spend the night in the White House’s Lincoln Bedroom, per the outlet. There’s no confirmation as to the veracity of these claims.
Dozing off at headquarters and talking publicly about doing so isn’t out of the ordinary for the world’s richest man. In 2018, Musk claimed that he was “sleeping on the factory floor” of Tesla because he didn’t have “time to go home and shower.” In the past, Musk has directed workers to do the same. In an earnings call last January, he said that Tesla workers would have to sleep on the manufacturing line in order to ensure new EV model rollouts.
“We’ll be sleeping on the line, practically. Not practically, we will be,” he said. Tesla did not immediately respond to requests for comment. Musk has previously called Tesla factories his “primary residences,” asserting that it was a way to demonstrate he was not letting loose and perhaps inspire workers to “give it their all.” Tesla has come under fire for allegations of toxic workplace culture, facing and settling racial discrimination and ******* harassment lawsuits.
Now that Musk has entered the D.C. sphere, federal workers are subjected to a similar hard line. On Tuesday, an email from Trump’s administration was sent to employees saying they had until Feb. 6 to either take a eight-month buyout or work in person five days a week.
Neither the move or the buyout is authorized by Congress, as The American Prospect points out. The post, titled “Fork in the Road,” borrows language Musk used previously when issuing a Twitter layoff, writes Fortune’s Brit Morse. Musk has railed against federal employees working from home or on hybrid schedules in the past. A former Tesla executive is suing the company as he alleges he was “completely blindsided” by the RTO policy.
The CEO of investment management firm Renaissance Technologies also claims to use his office as a bedroom, confirming on Goldman Sachs’ Exchanges podcast that he’s spent almost 2,000 nights in his Long Island office.
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And CEOs have a history of engaging in a rat race about who can pull an all-nighter. Former CEO of PepsiCo Indra Nooyi reportedly did not sleep more than four hours a night.
Bill Gates admitted on a 2023 episode of Unconfuse Me With Bill Gates that there used to be competitive talk around how little everyone sleeps. It led him to believe that he had “to try harder because sleep is laziness and unnecessary.”
Gates says he’s since realized that getting sufficient sleep is important for one’s brain health and “one of the most predictive measures of any dementia, including Alzheimer’s.” Melinda French Gates, a noted philanthropist and Bill’s ex-wife, recently called the trend of executives working all insight “so dumb” in an interview with Vanity Fair.
This story was originally featured on Fortune.com
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Trump’s FCC is coming from NPR and PBS now too
Trump’s FCC is coming from NPR and PBS now too
In one of his first major acts since taking over of the Federal Communications Commission, Brendan Carr has directed the agency to open an investigation into NPR and PBS. Carr informed informed both organizations of the probe in a letter in a letter that was first by The New York Times.
In the letter, Carr says that the public media companies may be running afoul of FCC rules regarding noncommercial educational broadcast stations or NCEs. “I am concerned that NPR and PBS broadcasts could be violating federal law by airing commercials,” he . “In particular, it is possible that NPR and PBS member stations are broadcasting underwriting announcements that cross the line into prohibited commercial advertisements.”
FCC guidelines prohibit NCEs from airing the kinds of commercials that typically appear on other TV and radio stations. Sponsors are, however, permitted to “receive on-air acknowledgements,” as Carr notes.
In statements, both NPR and PBS said they comply with FCC regulations. “NPR programming and underwriting messaging complies with federal regulations, including the FCC guidelines on underwriting messages for noncommercial educational broadcasters,” NPR CEO Katherine Maher . “We are confident any review of our programming and underwriting practices will confirm NPR’s adherence to these rules. We have worked for decades with the FCC in support of noncommercial educational broadcasters who provide essential information, educational programming, and emergency alerts to local communities across the United States.”
A spokesperson for PBS said that the organization “is proud of the noncommercial educational programming we provide to all Americans through our member stations,” and that “we work diligently to comply with the FCC’s underwriting regulations and welcome the opportunity to demonstrate that to the Commission.”
President Donald Trump, who named Carr FCC as chair last year, has made no secret of his disdain for PBS and NPR, which he during his first term in office and during his campaign last year. Likewise, Trump confidante and Elon Musk, has about eliminating funding for public media.
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Man Shares Wife’s Heartbreaking Text Sent Right Before American Airlines Plane Crashed
Man Shares Wife’s Heartbreaking Text Sent Right Before American Airlines Plane Crashed
A man whose wife was on the American Airlines plane that collided with an army helicopter is sharing the message he received from her before the ******. Hamaad Raza tells WUSA that his wife texted 20 minutes before her plane was due to land in Washington D.C. “She texted me that they were landing in 20 minutes.” says Raza.”The rest of my texts did not get delivered. That’s when I realized something might be up.”
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Coffee prices spike amid Trump tariff threats. Is your cup of joe at risk? – National
Coffee prices spike amid Trump tariff threats. Is your cup of joe at risk? – National
Surging prices for coffee on global markets are coinciding with a weak ********* dollar, putting a “pinch” on cafés and retailers that could end up hiking the cost of your cup of joe.
Adam ******, president of Ontario-based Reunion Coffee Roasters, tells Global News that the uncertainty tied to United States President Donald Trump’s tariff threats potentially coming to pass as early as Saturday feels like the latest domino set to topple onto his business.
“There’s not a lot of great news,” he says. “And of course that just trickles on down to the end consumer eventually just having to pay more for their coffee.”
****** warned Global News of a looming spike in coffee futures prices in September, when forecasts for a smaller crop coming from bean-growing nations such as Brazil and Vietnam were set to put a crunch on availability.
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Here’s why coffee prices are set to spike
Since that time, Arabica futures have surged nearly 50 per cent on the Intercontinental Exchange, rising to above US$3.75 per pound as of Thursday. That’s nearly double the price year-over-year, with Reuters pointing to supply concerns out of Brazil as one factor contributing to the latest surge.
Statistics Canada data shows retail prices for a bag of coffee have fluctuated but largely risen over the past year, from an annual low of $6.16 per 340 grams last January to a record high of $7.09 for the same amount in August.
Coffee shops and processors source their beans based on long-term contracts set in the futures market, ****** explains, where businesses like Reunion can try to mitigate the worst of the volatility. That could “slow roll” the impact for consumers, he says.
But the current market conditions are not sustainable for businesses like his, ****** warns, and cost hikes could continue to flow through to Canadians in the months ahead no matter where they buy their coffee.
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“It’s frustrating on a daily basis,” he says. “We do have strategies for hedging our purchases, but it’s very difficult to deal with the level of volatility we’re seeing.”
Drought, weak loonie pushing coffee prices higher
Weather issues like drought in countries that are major producers are limiting supply of coffee, putting upward pressure on prices.
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But no matter what price coffee beans are going for on global markets, it’s the fact that the commodity is bought and sold in U.S. dollars that’s putting a “pinch” on ********* businesses, says University of Guelph food economist Mike von Massow.
“For people who are importing coffee, whether it’s beans to roast or in packages, a lower ********* dollar means every pound of coffee that we buy is more expensive,” he says.
That’s bad news for ********* businesses, as the loonie has lost nearly seven per cent in value year over year compared to the U.S. dollar, priced at around 69.4 cents US as of Thursday.
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2:17
What’s weighing on the loonie?
There are a few reasons economists point towards to explain the loonie’s slump against the U.S. dollar. One is the widening gap between the Bank of Canada and the U.S. Federal Reserve policy rates, which encourages investors to sell ********* dollars and flood into the American greenback.
The other force hampering the loonie is trade uncertainty tied to threats of tariffs from Trump. The ********* dollar’s exchange rate with its U.S. counterpart has largely suffered since Trump’s re-election in November as the returning president’s protectionist policies hurt the case for business investment in Canada.
If Trump makes good on threats to impose blanket tariffs of up to 25 per cent on ********* goods as early as Saturday, economists expect the loonie would fall even further.
“If the tariff threat does go through, then the dollar gets considerably worse,” ****** says. “That just will push the price of coffee in Canada up even higher.”
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How could tariffs affect agricultural commodities?
As for the tariffs themselves, the world might’ve gotten a preview last weekend on how Trump’s trade threats could play out in the coffee market.
Trump threatened to impose steep tariffs and sanctions against Colombia — the world’s third-largest coffee producer, behind Brazil and Vietnam — amid a dispute with the nation’s president over accepting migrants deported from the U.S.
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Though tariffs were never formally imposed after Colombia struck a last-minute deal with the U.S., arabica prices hit a new high on Monday and have continued climbing since.
The flash conflict over the weekend spurred some “panic” in the coffee market that has persisted in part because of fears that Trump could change his mind on Colombia or impose similar tariffs on other South or Central American countries amid ongoing immigration and trade crackdowns, von Massow says.
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Trump on Monday named major coffee exporter Brazil among those he believes meant the U.S. “harm,” threatening potential tariffs, which Brazil’s president has vowed would be met with “reciprocity.”
2:22
Business Matters: These six industries would be hit hardest by Trump tariffs
If Trump does end up imposing tariffs targeting agricultural exports from foreign nations, the impact on global prices would be “complex,” von Massow says.
If Colombian coffee is hit with a tariff, the price of arabica in the U.S. might not shift much because there are other places to get the bean, if businesses are able to adjust their supply chains quickly enough.
When it comes to products like Colombian-cut flowers, those prices may fall for Canadians if growers are suddenly cut off from the U.S. market. Possible tariffs on flowers would represent a particular threat right now because production timelines are planned out far in advance and are likely set to peak ahead of Valentine’s Day.
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“Those flowers would have to go somewhere. They can’t be held in storage. So the prices would come down,” von Massow says.
“If the U.S. starts trade wars with countries around the world, there may be actually some benefits to Canadians. Assuming he doesn’t put those tariffs on us, too.”
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While actual U.S. tariffs could have a variety of impacts on markets — possibly pushing prices down for some countries, while driving costs up for those caught up in a trade war — von Massow says the supply crunch and weak loonie will have a greater impact and put “upward pressure” on ********* coffee prices in the months ahead.
****** says he doesn’t expect much normalization in the coffee market until at least June, when there’s hopefully more clarity on the trade front and a sense of how next year’s crop is shaping up. Until then, he says Canadians should expect a higher cost per cup of joe or bag of coffee.
“In real dollars, we’re talking about an extra $1-to-$2 per pound of coffee,” he says. “What that amounts to per cup will be relatively low, but it’s still going to be impactful when you’re buying a bag of coffee to drink at home, for sure.”
Coffee giant Starbucks, meanwhile, said this week it would not make any further price hikes this year as it looks to appeal to consumers paring back on big non-essential spending.
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— with files from Global News’s Anne Gaviola, Reuters
2:03
Indigenous coffee brand lands on Costco shelves
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Google issues ‘voluntary exit’ program for Android, Chrome, and Pixel employees – TechCrunch
Google issues ‘voluntary exit’ program for Android, Chrome, and Pixel employees – TechCrunch
Google issues ‘voluntary exit’ program for Android, Chrome, and Pixel employees TechCrunchGoogle offering ‘voluntary exit’ for employees working on Pixel, Android 9to5GoogleGoogle offers “voluntary exit” to all US platforms and devices employees The VergeGoogle Offers Voluntary Exit for Staff in Pixel and Android Group Business InsiderGoogle offers voluntary exit to U.S. employees in Platforms & Devices unit – report Seeking Alpha
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Bitcoin Rises Above $105k as US States Ponder Bitcoin Strategic Reserve
Bitcoin Rises Above $105k as US States Ponder Bitcoin Strategic Reserve
has regained momentum after a four-day decline, bolstered by a weaker US Dollar. The cryptocurrency’s recovery has also been fueled by discussions in several US states about adopting Bitcoin reserves, reflecting growing institutional interest. Additionally, the overall sentiment toward cryptocurrencies remains strong, a trend that has persisted since the start of the Trump administration.
Source: TradingView (click to enlarge)
US States Eye Bitcoin Reserve
Following the inauguration of President Trump crypto market sentiment has remained bullish. The appointment of an interim SEO Chair who is known to be a proponent of crypto and who is developing a framework for crypto has been lauded by crypto enthusiasts.
This week however, various US States are considering a Bitcoin reserve, something which will further enhance the appeal of the Worlds Largest Crypto and could help support prices. Yesterday Utah became the second US state after Arizona to clear the Strategic Bitcoin Reserve Bill. There is hope that if the Bill is approved it may see other States follow suit.
An estimated 11 US states are exploring the inclusion of Bitcoin in their strategic reserves, with many considering a standard allocation of 10% of their total funds. This highlights the growing recognition of Bitcoin as a viable asset in government portfolios.
Joining the list of states to advance a Strategic Bitcoin Reserve Bill is Illinois who are eyeing a 5-year ‘HODL’ strategy. The bill was submitted to the Rules Committee on January 29 to finalize regulatory details, marking a critical step before it advances for full approval by lawmakers.
Source: Ilga.gov (click to enlarge)
GrayScale Launches Bitcoin Miners ETF
Grayscale has introduced a new crypto investment product, emphasizing the vital role of Bitcoin miners in supporting the Bitcoin network. The company stated that miners play a crucial part in ensuring the network’s security, integrity, and overall operation.
Grayscale has launched the Bitcoin Miners ETF, giving investors a simple way to gain exposure to Bitcoin miners and the global mining industry. David LaValle, Grayscale’s global ETF head, explained that Bitcoin miners are key to the network and are expected to grow significantly as Bitcoin becomes more widely adopted, making the ETF an attractive choice for many investors.
Bitcoin mining stocks struggled in 2024 to replicate the gains of Bitcoin, which recorded gains of around 112% for the year. This is backed up by data from Hashrate Index and Google (NASDAQ:) Finance shows that most publicly traded Bitcoin mining companies ended 2024 with major losses, with some seeing their value drop by as much as 84%.
It will be interesting to see what the demand and flows are like for miners’ ETF, i for one will be keeping an eye on how this develops.
ETF Flows Remain Positive
Bitcoin ETF flows have struggled this week following on from massive inflows last week even though it was a four-day week with the President’s inauguration.
This week however, saw massive outflows on Monday of around $457.6m before two days of positive inflows. However the amounts on Tuesday and Wednesday were quite small at $18.4 and $92m respectively. The smaller inflows could have had something to do with the FOMC meeting as well as the threat of the market’s reaction to proposed tariffs from February 1.
Source: Farside Investors (click to enlarge)
I am still positive on the overall Bitcoin picture from a fundamental perspective. The US being on a drive to build Bitcoin Strategic Reserves is a good thing as it will further enhance the Cryptos standing.
Another reason why I remain relatively optimistic is the recent on chain analysis by Glassnode. In the Executive Summary, Glassnode explained Cyclical Market Growth: Their take is that the rate of Bitcoin price appreciation has declined cycle by cycle, reflecting a path into market maturity. The drawdown profile of this cycle thus far closely resembles that of the 2015–2017 cycle. Prior cycles also hint at a potential acceleration phase in the bull market, which tends to occur around this time (relative to the cycle low).
This is just another reason that we could be due for another ******* of gains and potentially fresh all-time highs for .
Technical Analysis BTC/USD
Bitcoin (BTC/USD) from a technical standpoint printed a bullish engulfing candlestick yesterday with follow through today.
However, in order to convince bulls and myself that we could go on and achieve fresh all-time highs, i would like to see a daily candle close above the 106.200. This would be the highest daily close for Bitcoin and may embolden bulls to join the rally.
Bitcoin (BTC/USD) Daily Chart, January 30, 2025
Source: TradingView.com (click to enlarge)
Dropping down to a H2 chart and this could come to fruition after price broke out of the descending channel in play.
Price is currently pulling back with a possibility of a deeper pullback toward the 100-day MA resting just around the key support level at 103500.
This may present an excellent risk to reward opportunity for potential bulls with further support being found at the 102650 handle, where we have both the 50 and 200-day MAs restings.
Looking at potential barriers on the upside lie at 107140 before the 108000 109350 handles come into play.
Bitcoin (BTC/USD) Two-Hour (H2) Chart, January 23, 2024
Source: TradingView.com (click to enlarge)
Support
Resistance
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Open forum at The River to debate merits of independent women candidates for Federal seat of Forrest
Open forum at The River to debate merits of independent women candidates for Federal seat of Forrest
Green-left voters and those seeking an alternative voice in Canberra have the chance to rub shoulders with two women vying for election at the upcoming Federal poll.
Georgia Beardman and Dr Sue Chapman will attend an open forum co-ordinated by former Shire of Augusta-Margaret River president Pam Townshend on Wednesday, February 12 at The River.
Dr Chapman is the candidate supported by the Voices for Forrest movement, while Ms Beardman is the Greens contender who hopes to make Forrest WA’s first Federal win for the party.
The aspiring Greens MP told the Times she had firsthand experience of the region’s housing crisis.
“I currently rent in the only subsidised, affordable housing in Dunsborough,” she said.
“As Australia faces a housing crisis, and the major parties fail to deliver the reform and protections needed by renters and owner-occupiers, I am a strong advocate for renters and mortgage-holders.”
The Dunsborough-based Edith Cowan University climate justice researcher also said she heard overwhelmingly that residents didn’t want Peter Dutton as Prime Minister.
Dr Chapman has retired from a 25-year career as a specialist medico to tackle politics and said the housing crisis was a key issue within her focus too.
“Based on 18 months of community engagement, I know that the leading concerns for people across the whole electorate of Forrest are regional health care, cost of living, integrity in politics, protecting our environment from unsustainable over development and housing,” she said.
“Australia’s national housing crisis is being acutely felt in Margaret River and Augusta. It’s the leading issue that people raise with me.
“Unaffordable housing and rental shortages are pricing young people and families out of their neighbourhoods,” Dr Chapman said.
“Our communities are missing out because essential workers, nurses, teachers, cleaners, allied health professionals and hospitality staff, can’t find places to live close to where they work.”
Ms Townshend said forum attendees could also find out more about the power of a diverse cross bench, the benefits of ********* government, and how smaller parties and independents can still be effective in working with government.
Doors open at 5.30pm with Ms Townshend facilitating an hour-long panel talk with the two candidates, followed by an open forum for questions.
Tickets are available from Humanitix or on the door.
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