Buy Nvidia as AI adoption is still in the early stages, Redburn Atlantic says
Buy Nvidia as AI adoption is still in the early stages, Redburn Atlantic says
Nvidia ‘s still in early growth stages as artificial intelligence capabilities continue to progress, according to Redburn Atlantic. Analyst Timm Schulze-Melander initiated the stock with a buy rating and a price target of $178, which implies upside of 22.5%. Looking ahead, the analyst sees the AI powerhouse boasting 65% EBIT margin expansion and compound annual earnings growth of 38% between 2024 and 2030. “Such growth over a six-year ******* is aligned with prior adoption cycles. Our analysis finds that 18 years is the average duration of the ‘adoption phase’ growth for new technologies,” he said. NVDA YTD mountain Nvidia performance this year. “Nvidia has exploded into the public consciousness. However, given the stellar share price performance, questions have emerged regarding the durability of the AI market as well as the technological sustainability of Nvidia’s position and financial returns,” the analyst wrote in a note to clients. “We see two primary growth engines that the market underestimates.” The first growth driver is in accelerated computing, which aims to make AI data processing more efficient, Schulze-Melander said. The chipmaker has the largest installed base of graphic processing units, a dominant software interface and the largest installed base of application libraries — the latter which gives the company a strong competitive position with it products and customers, according to the analyst. The second factor behind Nvidia’s growth case is the market’s underestimation of demand for the company’s products and services — even as rivals try to curb the chipmaker’s dominance. “These customers are committed to Nvidia’s Compute Unified Device Architecture (CUDA) software and rely more heavily on Nvidia’s system-level solutions. The CUDA software moat, with integrated applications libraries and a 12-month innovation cycle, means that Nvidia’s rivals are unlikely to usurp its market dominance,” Schulze-Melander said. Nvidia has been on a tear, up 193.3% year to date. That makes it the third-best performing S & P 500 stock of 2024.
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Treasurer Jim Chalmers announces $900m National Fund to boost lagging productivity
Treasurer Jim Chalmers announces $900m National Fund to boost lagging productivity
The new $900m fund will pitch state against state in an effort to boost Australia’s sagging productivity levels.
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Every Perk & Wildcard in Warzone x ****** Ops 6
Every Perk & Wildcard in Warzone x ****** Ops 6
Perks are a staple of Call of Duty games, and they’re extremely important for a successful loadout in Warzone. With the ****** Ops 6 Season 1 integration, the battle royale title is getting a major overhaul, which includes a new map, guns, Perks, and the introduction of Wildcards.
Speaking of the latter, if you’re wondering how the system will work in Warzone and all the Perks and Wildcards that will be available in Warzone x ****** Ops 6 Season 1, here’s everything you need to know.
All Perks in Warzone & how to unlock
Perk & Slot
Unlock Requirement
Perk 1: Reflexes
Season 1 Reloaded Reward
Perk 1: Veteran
Season 1 Reward
Perk 1: Grenadier
Available Immediately
Perk 1: Dexterity
Level 20
Perk 1: Scavenger
Level 26
Perk 1: Survivor
Level 47
Perk 2: Quartermaster
Available Immediately
Perk 2: ***** Squad
Level 8
Perk 2: Tracker
Level 29
Perk 2: Sprinter
Level 32
Perk 2: Cold-Blooded
Level 41
Perk 2: Quick Fix
Level 50
Perk 3: Gung-***
Available Immediately
Perk 3: Resolute
Level 5
Perk 3: Ghost
Level 17
Perk 3: Birdseye
Level 23
Perk 3: Tempered
Level 35
Perk 3: Alertness
Level 44
Perk (Loot): Shrouded
In-game only
Perk (Loot): Irradiated
In-game only
These are all the available Perks in Warzone x ****** Ops 6 Season 1 according to the CoD blog.
All Wildcards in Warzone & unlock requirements
Wildcard
Unlock Requirement
Overkill
Player Level 24
Bandolier
Player Level 15
Gunfighter
Player Level 33
Battle Ready
Player Level 38
Credit to Activision.
How do Perks and Wildcards work in Warzone?
Warzone has a “Pick 3 System,” which means you can pick one Perk from each category (blue, red, and yellow.) You can then pick one Wildcard to compliment your loadout. These Perks will drop on the floor so that they can be looted again upon ******.
Players will need to choose one Perk for each slot to make a combination of 3. Most of the Perks can be unlocked through leveling up, while the new ones added in Season 1 (Veteran and Reflexes) are unlocked via Season 1 event rewards. There’s no Combat Specialty. Wildcards are also earned through leveling.
There are also lootable Perks in Warzone that players can find to further fortify their loadout. These include four options from the Pick 3 System and two that are exclusive to loot – Shrouded and Irradiated. Lootable Perks will vanish upon ******.
Can you get Specialist Perk Package in Warzone?
Yes, Specialist Perk Package is back in Warzone x ****** Ops 6, and it can be found as a rare loot drop or via the Care Package Killstreak. It will give the player all 18 Perks plus the two bootable Perks for a total of 20. Upon ******, the Specialist Perk Package will drop and can be looted by anyone.
That was everything you need to know about Perks and Wildcards in Warzone. For more, check out our guide on the new Ransack mode in BO6 multiplayer, and the best ARs to use. Be sure to sign up for the Insider Gaming weekly newsletter to stay updated on all things Call of Duty.
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Post Office requested four-year Horizon extension, as Fujitsu boss arrived at public inquiry
Post Office requested four-year Horizon extension, as Fujitsu boss arrived at public inquiry
The Post Office requested a four-year extension of its controversial Fujitsu Horizon system contract as the IT supplier’s ********* boss arrived to give evidence at the public inquiry examining the system’s role in the widest miscarriage of justice in *** history.
Paul Patterson, Fujitsu’s head of Europe, told the Post Office scandal public inquiry that any Horizon contract extension must be as short as possible and said he does not trust the Post Office.
At the inquiry hearing yesterday (11 November), Patterson’s second appearance, he was asked about the anticipated extension to the Horizon contract between Fujitsu and the Post Office.
He said the first request, for a five-year extension, came in December 2023, and there have been various requests since. “This morning, as I walked into this building, I had another request, which was for four years. So this continues to move around,” he told the public inquiry.
In April 2021, the Post Office announced that it was preparing for the end of the Horizon agreement with Fujitsu, adding an extra year to support its transition to a new system. In May 2023, it set 2025 as the target date for the completion of the project. But in April this year, Computer Weekly revealed that a further extension of the Horizon contract was inevitable.
Patterson told the inquiry he is “encouraged by” the new leadership at the Post Office who, he said, “appear to be getting more understanding and clarity on what the actual business requirements from the Horizon system will be”.
But he said he has major concerns about the continued use of the Horizon system, which has reached its “end of life”, adding that long extensions might not be possible. He said some parts of Horizon are so old Fujitsu doesn’t want to turn them off as it is uncertain what would happen if it did.
“I am very worried about it. [The extension] needs to be for the shortest possible time because this system is not meant to be continuing and it has not had any material investment for the last four years while the intention has been on the New Branch IT (NBIT) system or versions of NBIT,” said Patterson. “It is difficult to know if three, four or five years will be possible.”
Computer Weekly revealed in May this year that a review by government project management experts at the Infrastructure and Projects Authority rated the NBIT project as “currently unachievable”, with budgets ballooning from £180m to £1.1bn and implementation being delayed by as much as five years.
Last month, Computer Weekly revealed that the Post Office’s new leadership is now reviewing its project to build the NBIT software in-house and could opt for an off-the-shelf alternative. Escher is said to be the option that came out top during the bidding process, although it was rejected in favour of the in-house build option.
One major controversial aspect of the contract is about to end. In February 2025, the organisations will complete the migration of all Horizon data, including historic data, from Fujitsu to in-house Post Office systems. This means the Post Office will not need to ask Fujitsu for data to support investigations into subpostmasters with unexplained account shortfalls.
The Post Office Horizon IT Inquiry is now in its seventh and final phase, focusing on the Post Office’s current practice and procedure, as well as recommendations for the future.
Computer Weekly first exposed the scandal in 2009, revealing the stories of seven subpostmasters and the problems they suffered due to Horizon accounting software, which led to the most widespread miscarriage of justice in British history (see below timeline of Computer Weekly articles about the scandal since 2009).
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FEMA overwhelmed by calls after Hurricane Milton, funding shortfall hinders response compared to Hurricane Helene
FEMA overwhelmed by calls after Hurricane Milton, funding shortfall hinders response compared to Hurricane Helene
More than 80% of Floridians don’t have flood insurance and FEMA was unprepared for the deluge of assistance calls after Hurricane Milton made landfall near Siesta Key, Florida on October 9, according to agency data.
CBS News reported that at least 24 people ***** in the wake of the hurricane. Following an October 11 emergency declaration, Floridians made over 135,000 calls to FEMA that required inspection. However, only 46% of those calls were answered, leaving more than 68,000 disaster response inspections pending.
The volume of calls in Florida was so overwhelming that FEMA could respond to only 39 out of 106 emergency calls for a separate disaster in Alaska on October 16. The agency’s slow response to Hurricane Milton stands in stark contrast to its response to Hurricane Helene.
Just over two weeks earlier, FEMA responded to 76% of Floridians’ calls during Hurricane Helene and answered 67% of calls in North Carolina and 78% in South Carolina. Over 230 people across six states ***** in the storm, ABC News reported. While FEMA left 54,000 inspections pending across three states following the September 28 emergency declaration, its overall response rate during Hurricane Helene was markedly better than for Hurricane Milton. FEMA responses have ranged between 85% and 99% for half of all disasters in 2024.
So why was Hurricane Milton different?
On October 2, days after the Hurricane Helene disaster declaration, Homeland Security Secretary Alejandro Mayorkas announced that FEMA had exhausted its funds to handle hurricanes.
“FEMA does not have the funds to make it through the season,” Secretary Mayorkas told reporters aboard Air Force One.
The hurricane season, which typically lasts until November 30, was predicted to be above-average in activity, according to the National Oceanic and Atmospheric Administration. FEMA was already short on hurricane response funds when Hurricane Milton hit.
On October 11, President Biden said that Congress needed to pass increased funding for FEMA, but it was not scheduled to sit again until November 12. Neither Mayorkas nor Biden specified the exact funding amount FEMA required.
Story Continues
As of October 31, FEMA has spent a total of $1 billion helping Florida recover from Hurricanes Helene, Milton, and Debby. Insurance firms have estimated hurricane damage costs between $20 and $200 billion.
Hurricane Helene was water damage, and because most Americans don’t have flood insurance, that means damage from the storm will largely go uninsured.
Hurricane Milton was largely a wind damage event, however, meaning insurers will indemnify more of the devastation.
Read more: 5 ways to boost your net worth now — easily up your money game without altering your day-to-day life
Standard homeowners insurance typically doesn’t cover flood damage resulting from bad weather. While it will pay for issues like burst pipes, it won’t pay out anything for flood damage caused by storms like Hurricane Helene.
Homeowners in flood zones can buy separate flood insurance, often required by mortgage lenders. Most of these policies come from FEMA’s National Flood Insurance Program (NFIP) and cover the building, foundation, electrical system, HVAC, flooring, appliances and debris removal.
If FEMA declares a disaster in your region, you may be eligible for individual disaster assistance. Currently, FEMA has declared 30 counties in Florida as disasters areas.
“FEMA grants a maximum of $33,000 a household for repairs,” according to home repair service Advanta Clean.
Additionally, the U.S. Small Business Administration (SBA) offers loans for personal property losses, even for non-business owners.
Following the back-to-back impacts of hurricanes Helene and Milton, many Florida homeowners are selling their flood-damaged properties under terms like “as is,” “cash only” and “for investors.”
The Tampa Bay market has seen a surge in such listings from homeowners desperate to get rid of houses that have become financial liabilities.
One homeowner, Linville, decided to “cut her losses.” After purchasing her home in 2021 for $575,000, it has flooded three times in two years and it has been stripped down to the studs again.The home is now listed for $425,000, reflecting the estimated cost of remaining flood repairs.
This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
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New Item Duplication Scam is Rife in Diablo 4 and Players Demand That Blizzard Start Swinging the Ban Hammer Again
New Item Duplication Scam is Rife in Diablo 4 and Players Demand That Blizzard Start Swinging the Ban Hammer Again
Scammers have found a way to penetrate Diablo 4‘s market through a unique way of scamming by duplicating items and selling them for real money instead of in-game currency.
Diablo 4 gets attacked by spammers asking for money. Image Credit: Blizzard Entertainment
Blizzard needs to come to the players’ rescue as soon as possible and start swinging the ban hammer again, with more force this time. This scam has hampered a lot of in-game purchases, hindering the market.
Diablo 4 Players Get Scammed While Purchasing Items
Blizzard needs to react as soon as possible. Image Credit: Blizzard Entertainment
Players are having a difficult time spotting the scams that are currently active in Diablo’s market space. One of the scams is pretty straightforward; it asks for money upfront in exchange for items. Do not fall for anything of the sort while surfing the market, as it will most likely be a scam.
The other one is a little difficult to spot since it only gets revealed once you submit an offer. The scammers will then ask you to pay a sum of $25. Even reporting these scams is not proving to be beneficial. Reporting one results in more popping up, just like a virus infecting your system.
Comment byu/LordofDarkChocolate from discussion indiablo4
Comment byu/LordofDarkChocolate from discussion indiablo4
Comment byu/LordofDarkChocolate from discussion indiablo4
Blizzard needs to take these issues into account and prepare a plan to counter these conmen to restore order within Diablo 4’s community. People are extremely worried about these scams and the potential damage they can do to the game.
Live-service games require regular checkups and updates that make the game feel fresh and bug-free. With more updates, the developer eradicated threats that might hinder the experience of playing the game. It is very important for Blizzard to take immediate action against these scammers.
Blizzard Needs To Come To Players’ Rescue As Soon As Possible
Live-service games need regular maintenance. Image Credit: Blizzard Entertainment
It is not going to do the game any good to keep getting hit with scams like these. The game has a huge online community, and Blizzard needs to keep that into account and come up with a fix as soon as possible.
If these issues persist, it’s going to force many players to leave the game completely. Any live-service game developer’s biggest nightmare is players losing interest or getting frustrated with irregular updates and now scams like these.
Blizzard needs to take all these into account and release a statement to give players some reassurance that it is working on a fix and it is not long before the game becomes completely scammer-free. What do you think about it? Let us know in the comments below.
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Home Depot (HD) earnings Q3 2024
Home Depot (HD) earnings Q3 2024
Home Depot’s quarterly sales rose more than 6% year over year, as it folded in a newly acquired business and hurricane-related repairs and better weather in many parts of the country boosted demand for home improvement supplies, the company said Tuesday.
The retailer also raised its full-year outlook to reflect its better-than-expected results. It now expects total sales to increase about 4%, including the impact of acquiring SRS Distribution. It previously expected total sales to rise by between 2.5% and 3.5% for the year. Both of those outlooks include a lift from a 53rd week in the fiscal year and an approximately $6.4 billion contribution from SRS, which sells supplies to professionals in the roofing, landscaping and pool businesses.
The retailer expects comparable sales to decline about 2.5% for the 52-week *******. Home Depot previously projected that industry metric, which includes the company’s website and stores open for more than a year, would drop by 3% to 4% compared with the prior fiscal year.
In an interview with CNBC, Chief Financial Officer Richard McPhail said the retailer’s forecast reflects the stronger results in the past quarter. But he said consumers are still deferring purchases as they wait for lower mortgage rates and borrowing costs and express caution about the economy.
“There is pent up demand for projects,” he said. “Our customers tell us that their lives are changing. Their families are growing. They’re upsizing, they’re downsizing. They need to move for a job. There is demand for remodeling, and they are putting it on hold until they see a more favorable financing environment. And so the demand is there, the question is, when it’s unlocked.”
Home Depot customers have continued to put off projects, even though they’re in good financial shape, he said. About 90% of the company’s do-it-yourself customers own their homes.
Here’s what the company reported compared with what Wall Street expected for the three-month ******* that ended Oct. 27, according to a survey of analysts by LSEG:
Earnings per share: $3.67 vs. $3.64 per share expectedRevenue: $40.22 billion vs. $39.32 billion expected
Home Depot shares rose more than 2% in premarket trading.
Home Depot’s sales have gotten hit by economic factors, as higher interest rates slow housing turnover and more than two years of high inflation makes homeowners less willing to spring for discretionary purchases and do-it-yourself projects. The company had cut its full-year forecast for comparable sales in August, citing consumer uncertainty.
Those dynamics persisted in recent months, McPhail said.
Home Depot’s net income for the fiscal third quarter dropped to $3.65 billion, or $3.67 per share, from $3.81 billion, or $3.81 per share, in the year-ago *******. Revenue climbed 6.6% from $37.71 billion in the year-ago *******.
Comparable sales fell 1.3% in the quarter across the business. That’s better than the 3.3% drop that analysts expected, according to StreetAccount. The metric fell by 1.2% in the U.S.
It marked the eighth consecutive quarter of negative comparable sales at Home Depot, though the smallest drop since the string of declines began. That performance has not weighed on the stock this year.
As of Monday’s close, Home Depot’s shares are up about 18% this year, trailing the approximately 26% gains of the S&P 500. The company’s stock closed Monday at $408.29 a share, bringing its market value to $405.55 billion.
Shoppers visited Home Depot’s stores and shopped online about as much as they did in the year-ago *******. On average, customers spent $88.65 during those transactions, almost the same as the $89.36 average ticket in the year-ago quarter.
Those numbers do not include the SRS acquisition and new stores, which contributed to the company’s total sales gains. Home Depot expects to open about 12 new stores this fiscal year, which ends in early February.
Weather had a short-term benefit for Home Depot in the quarter, McPhail said. As warmer and dryer weather extended the summer season, customers bought outdoor items like grills or bought paint for projects, he said.
Sales related to Hurricanes Helene and Milton contributed about one half a percentage point of sales growth to the quarter. Customers bought items to prepare, such as generators, batteries and plywood, and then bought items for repairs, such as building materials.
Even as Home Depot reports modest growth, some investors have bet the company will see stronger sales in the near future. The Federal Reserve approved its second consecutive interest rate cut last week, a move that shapes what banks charge for consumer debt – such as mortgage rates and the loan a homeowner might take out for a remodeling project. Housing prices remain high and the age of U.S. housing stock continues to drive repair and maintenance projects.
Plus, Home Depot has chased ******* business from home professionals, such as contractors and roofers, to drive sales. Earlier this year, Home Depot acquired SRS Distribution, a Texas-based company, in a $18.25 billion deal, the largest acquisition in the home improvement retailer’s history.
Still, McPhail added, it is difficult to predict when consumers’ mindset will change and spark higher housing turnover. And he noted mortgage rates have actually increased since the September meeting where the Fed cut rates for the first time since the early days of the Covid pandemic.
“The good news is housing turnover may not be able to get any worse,” he said. “The worst of the decline in housing turnover is probably behind us. Now, the question is, ‘What unfreezes it and at what point will that happen?'”
The coming year could also bring price pressures for Home Depot, just as inflation cools. It would be among the retailers that could face higher costs if President-elect Donald Trump follows through on plans for tariffs on imported goods, especially those from China.
McPhail declined to say what percentage of Home Depot’s goods come from China, but he said most of its supply comes from North America. He said Mexico is “a great source of goods for us.”
“We do source from several ****** countries, so we’re watching it closely,” he said. “We’ve been focused on diversifying sourcing for years, and we’ll continue to assess sourcing decisions going forward.”
Some retail leaders, including the CEO of E.l.f. Beauty, have said they may have to raise prices because of tariffs. Footwear maker Steve Madden said it will reduce the goods it imports from China by as much as 45% over the next year.
Along with weather, the holiday season has fueled sales for Home Depot. It sells a wide range of decor, including many different artificial Christmas trees.
Since the company’s 12-foot skeleton, Skelly, became a viral sensation over Halloween, Home Depot has debuted other eye-catching – and often oversized – decor, including an 8-foot Santa Claus and a large animated reindeer.
“I don’t think there are many neighborhoods in the U.S. that don’t have our Home Depot giant outdoor decor,” he said. “So we’re coming to your neighbor’s front yard, and you don’t want to be outdone.”
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Hands On: The Last of Us 2 Marries Visuals and Frame Rate in PS5 Pro Game Changer
Hands On: The Last of Us 2 Marries Visuals and Frame Rate in PS5 Pro Game Changer
pwnmaster3000104d ago (Edited 104d ago )
***** gods gift to us what. I said it would have been a massive hit not a perfect game. It’s a good game get over it.
And this is why I said what I said.
“ But i know no matter what i post or prove people love there nerfed spiderman or playing as a ****** person for 5 hours then mary jane shehulk for another 12hours.”
And you’re still proving me right. **** forbid people like a certain game.
And BS about me on every sony article defending them. I like games and praised every games I
“ But now i am a child? what because i used logic again this site you throw facts at people they cry to the admins to get me off here again or play the victim card.”
Your opinions are not facts and the fact you think they are is sad. Step off video games for awhile.
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#Hands #Marries #Visuals #Frame #Rate #PS5 #Pro #Game #Changer
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Musk’s influence on Trump could lead to tougher AI standards, says scientist | Artificial intelligence (AI)
Musk’s influence on Trump could lead to tougher AI standards, says scientist | Artificial intelligence (AI)
Elon Musk’s influence on a Donald Trump administration could lead to tougher safety standards for artificial intelligence, according to a leading scientist who has worked closely with the world’s richest person on addressing AI’s dangers.
Max Tegmark said Musk’s support for a ******* AI bill in California underlined the billionaire’s continued concern over an issue that did not feature prominently in Trump’s campaign.
However, Musk has warned regularly that unrestrained development of AI – broadly, computer systems performing tasks that typically require human intelligence – could be catastrophic for humanity. Last year, he was one of more than 30,000 signatories to a letter calling for a pause in work on powerful AI technology.
Speaking to the Guardian at the Web Summit in Lisbon, Tegmark said Musk, who is expected to be heavily influential in the president-elect’s administration, could persuade Trump to introduce standards that prevent the development of artificial general intelligence (AGI), the term for AI systems that match or exceed human levels of intelligence.
“I do think that if Elon manages to get Trump’s ear on AI issues we’re more likely to get some form of safety standards, something that prevents AGI,” he said.
Tegmark, a professor specialising in AI at the Massachusetts Institute of Technology, added: “He might help Trump understand that an AGI race is a ******** race.”
Tegmark said Musk’s support for the SB 1047 bill in California, in the face of opposition from many of his tech peers, was a positive sign for AI safety campaigners. The bill, which required companies to stress-test large AI models before releasing them, was vetoed by the California governor, Gavin Newsom, after he said it could drive AI businesses from the state and hinder innovation.
“Elon Musk came out and said I’m for it, I want the regulation. I do think it’s not completely implausible he could persuade Trump that AI needs to be controlled,” Tegmark said.
Musk was an early supporter and financial backer of Tegmark’s Future of Life Institute, which campaigns for safer use of cutting-edge technology. The Tesla chief executive and owner of X’s personal fortune has swelled significantly since Trump’s victory last week.
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Musk launched his own AI startup last year and said the world needed to worry about a “Terminator future” in order to head off the worst-case scenario of AI systems evading human control. Other AI professionals have argued that focusing on apocalyptic concerns distracts from focusing on short-term problems with AI systems, such as manipulated and misleading content.
Trump has vowed to repeal a Biden administration executive order on AI safety; the *********** party’s election platform described it as a set of restrictions that “imposes ******** leftwing ideas on the development of this technology”.
The order includes requiring companies developing high-risk systems – AI models that pose a threat to national security, economic security or health and safety – to share their safety test results with the government.
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Buy this chipmaker as demand for autos chips picks up, Loop Capital says
Buy this chipmaker as demand for autos chips picks up, Loop Capital says
NXP Semiconductors has a strong growth runway ahead, according to Loop Capital. Analyst Gary Mobley initiated coverage of the Netherlands-based semiconductor manufacturing and design company with a buy rating and $300 price target. That forecast suggests more than 32% upside for the stock, which is down more than 1% year to date. “When compared to peers, it is our position that NXPI is aligned with growth trends in automotive electronic system design, and as a result, should grow slightly faster than the overall automotive semiconductor market over the longterm,” Mobley said in a Monday note to clients. NXPI YTD mountain NXP Semiconductors performance this year. He noted that about 56% of NXP’s total revenue comes from its autos chips business and that the company had 10% market share as of 2023, making it a top supplier. Given NXP’s strong ties to the automotive supply chain — which already experienced a shock in 2020 and 2021 due to the Covid pandemic — the company lost popularity among investors. Now, with the stock at current levels, it may be an attractive entry point for investors, Mobley said. “We believe tier-one automotive electronic sub-system suppliers are managing component inventories at unsustainable low levels, much like 2019,” Mobley said. “With only modest acceleration in light vehicle production, which we are predicting for 2025, we anticipate an automotive chip inventory re-stock ******* to follow (e.g., chip DIO increase). A similar set-up may be taking shape in the Industrial end market, which is also very macro/interest-rate sensitive.” The analyst said that NXP’s margins have remained healthier than peers throughout the down cycle between 2023 and 2024. He added that the company’s ****** margins have, in fact, trended at all-time highs throughout the time *******. Mobley thinks investors should be overweight on stocks with high exposure to the automotive end market and on companies exposed to the fastest growing automotive trends, such as powertrain electrification and autonomous driving technologies. NXP has a leading position in radar sensors, priming it to be a winner in the autonomous driving space, he noted. “NXPI checks many of these boxes in automotive secular growth drivers,” he said.
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Germany sets election date for February after ruling coalition collapse
Germany sets election date for February after ruling coalition collapse
******* Chancellor Olaf Scholz attends a session of the Bundestag in which new Finance Minister Joerg Kukies was sworn in the day after Scholz fired previous Finance Minister ********** Lindner on November 7, 2024 in Berlin, Germany.
Sean Gallup | Getty Images
Germany is set to hold a federal election in February, earlier than Chancellor Olaf Scholz had originally proposed after his ruling coalition collapsed last week.
Scholz last week had hinted at an election in March, saying he would hold a confidence vote in January.
The election is set to be held on February 23, according to sources within the parliamentary group of Scholz’ social democratic party (SPD).
This vote is now reportedly due to take place on December 16. It is a necessary step ahead of early elections in Germany as the chancellor must first call for the vote in parliament. If the the majority of Bundestag members vote that they no longer have confidence in the chancellor, he can then suggest a dissolution of parliament to the ******* President.
The President in turn then has 21 days to make the move which triggers an election that must take place within 60 days of parliament being dissolved. The President also has the final say in setting the election date.
Scholz had faced increasing pressure to hold an election sooner than he had suggested. Authorities over the weekend, however warned of logistical difficulties and organisational risks if there was not enough lead time until the election date.
The three-year-old ruling coalition between Scholz’ social democratic party (SPD), the Green party and the free democratic party (****) fell apart last week after the chancellor axed former Finance Minister ********** Lindner.
This is a breaking news story. Please refresh for updates.
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Wales wing Grady set to miss Wallabies, Springbok Tests
Wales wing Grady set to miss Wallabies, Springbok Tests
Wales wing Mason Grady will undergo surgery and miss the forthcoming Tests against Australia and world champions South *******.
Grady was injured in the 17th minute of Sunday’s 24-19 defeat by Fiji in Cardiff.
A Welsh Rugby Union statement said: “Mason Grady has been released from the Wales senior men’s squad.
“This is following an ankle injury sustained in Sunday’s match against Fiji which requires surgery.”
Wales have not called up anyone to replace Cardiff player Grady in the squad for Sunday’s Autumn Nations Series clash with Australia.
Grady was unwittingly involved in a Wales blunder on Sunday as outside-half Sam Costelow was mistakenly sent on to replace the stricken wing.
Having gone for a 6-2 split on the bench with only two backs to cover injuries in that area, Wales head coach Warren Gatland admitted after the game Ellis Bevan should have replaced Grady and not Costelow.
Wales ended up losing for the 10th consecutive Test, equalling their worst run of defeats under Gatland’s fellow New Zealander Steve Hansen in 2002 and 2003.
Australia – fresh from beating England 42-37 – are next up for Wales before Gatland’s side host world champions South ******* on November 23.
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Xbox Series Generation: The Story So Far
Xbox Series Generation: The Story So Far
Take a look at the journey of Xbox consoles in the past 4 years. From the release of Xbox Series S and X to future prospects, find out it all.
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Tackling software vulnerabilities amidst the QA talent shortage
Tackling software vulnerabilities amidst the QA talent shortage
This year has seen an increase in businesses addressing a wide range of software vulnerabilities. Most recently, the CrowdStrike outage caused thousands of flight cancellations and disruptions for companies relying on devices running Windows 10 and 11 in their daily operations. This highlights the critical need for rigorous, high-quality testing to prevent similar incidents. Software engineers and quality assurance (QA) testers are working diligently to mitigate and keep up with the rise of such events. However, a significant roadblock is exacerbating the problem: shortage of technically skilled, qualified talent to meet the increasing requirements of the modern QA/test engineer.
Job openings for software developers, quality assurance analysts, and testers are projected to grow by a significant 17% between 2023 and 2032. If this gap ******** unfilled, the ******* States economy stands to lose $162 billion in annual revenue. The growing complexity of software, coupled with rapid technological advancements, makes it increasingly difficult for companies to find skilled professionals. This shortage leaves organizations of all sizes vulnerable to escalating defects, delays, and cyberattacks.
Organizations must focus on optimizing their QA processes to mitigate the impact of the QA talent shortage. Testing and QA are essential in safeguarding against these threats. By leveraging the proper tools and software platforms, teams can streamline test planning, **********, and reporting, freeing up valuable time for higher-level and more specialized testing.
Chris Faraglia
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Solution Architect at TestRail.
The QA talent shortage
Entire enterprises, especially their software development departments, are under immense pressure to ensure that system vulnerabilities are identified and addressed before they potentially escalate into major security breaches. Unfortunately, many development teams struggle to keep pace with increasingly rapid technological advancements. A recent Harvard Business Review article noted that some tech skills become outdated in as little as 2.5 years. This quick turnover is particularly problematic for QA engineers within development teams, where deep expertise in testing and processes is essential to maintaining software quality.
As systems grow more interconnected and the environments in which they operate become more complex, even the most experienced professionals find it difficult to stay ahead of emerging threats. Without adequate personnel, QA professionals are often bogged down with repetitive, low-level tasks—such as manual testing or bug triaging—leaving little time to focus on strategic priorities such as vulnerability management and advanced threat mitigation. This creates bottlenecks that can delay projects, weaken security, and limit the organization’s ability to seize market opportunities.
For organizations looking to thrive in today’s fast-paced tech landscape, addressing the QA talent shortage is no longer just an operational concern—it’s a business imperative.
Software vulnerabilities: the growing concern
Software vulnerabilities pose significant operational and financial challenges for organizations. Unaddressed defects lead to delays in time to market, higher development costs, and missed business opportunities. Software that lacks rigorous testing not only hampers efficiency but also exposes the company to long-term reputational harm. Without experienced and capable QA-focused engineers on development teams, these issues will continue to escalate, stalling the entire development pipeline and driving up costs.
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As these operational setbacks compound and technology continues advancing, cybersecurity threats’ growth in both sophistication and complexity makes them increasingly difficult to detect and prevent. Without proper QA processes in place, businesses are exposed and vulnerable to disastrous breaches. According to IBM, the average cost of a data breach is projected to reach $4.88 million by 2024, emphasizing the financial pressure organizations face to prevent these incidents. For industries like finance, healthcare, and e-commerce, the stakes are even higher. Not only do they risk financial and reputational damage, but they also face legal repercussions and regulatory penalties for failing to safeguard sensitive data.
The solution to the QA talent gap
While the QA talent shortage presents a significant challenge, companies can take strategic steps to mitigate its impact. One of the most effective approaches is optimizing QA processes by leveraging advanced test management tools. These tools help alleviate some of the pressure on development teams by creating highly visible and transparent metrics for continuous state of quality monitoring for a product or software development life cycle, and they also significantly enhance overall software quality and speed to market.
Modern test management platforms streamline the entire testing lifecycle—from planning and ********** to tracking and reporting. By centralizing these processes, entire development teams can collaborate effortlessly, track progress in real time, and ensure thorough, timely testing. These platforms also strengthen collaboration between departments, supporting a more cohesive and agile software development process that adapts easily to shifting requirements.
QA teams can improve both efficiency and development timelines by leveraging common test management platform features such as templates or various integration options, which can free up their skilled individuals to focus on higher-priority testing, such as vulnerability assessments and complex test scenarios. Test management platforms enable software development teams to scale testing efforts without increasing headcount, risking stability, or compromising on security, a critical advantage in the face of a talent shortage.
The QA talent shortage is a growing concern, and the risks posed by software vulnerabilities and high impact production defects are only becoming more severe. Testing and QA are an essential step in preventing cyber-attacks and defects from having debilitating effects on businesses. Organizations that proactively address the QA talent gap and strengthen their testing capabilities will be well-positioned to tackle future challenges and protect against the rising threat of software vulnerabilities. By investing in innovative technology and tools, organizations can ensure that their software vulnerabilities are minimized and their software testing and quality practices remain strong, even in a challenging talent market.
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Rep. Seth Moulton says he stands by comments on trans athletes, calls Democrats “out of touch”
Rep. Seth Moulton says he stands by comments on trans athletes, calls Democrats “out of touch”
Rep. Moulton stands by comments on trans athletes
Rep. Moulton stands by comments on trans athletes
02:12
BOSTON – Rep. Seth Moulton is defending controversial remarks that he made about transgender athletes in the wake of the presidential election.
President-elect Donald Trump’s campaign spent millions on anti-trans political ads this fall. The Massachusetts Congressman told The New York Times after Trump’s win that “Democrats spend way too much time trying not to offend anyone” and called for a new approach from the party on the transgender issues.
“I have two little ******, I don’t want them getting run over on a playing field by a male or formerly male athlete, but as a Democrat I’m supposed to be afraid to say that,” Moulton told The Times.
The Boston Globe reported that a top aide to Moulton resigned after his comments appeared in The Times, and there were protests outside his Salem office.
Seth Moulton defends comments on trans athletes
Moulton appeared on CNN Sunday and did not back down from his statement.
“Look, I was just speaking authentically as a parent about one of many issues where Democrats are just out of touch with the majority of Americans,” he said. “And I stand by my position, even though I may not have used exactly the right words.”
Moulton said that despite the public backlash, the vast majority of feedback he’s received has been “incredibly supportive.”
He said fellow Democrats and Congressional colleagues have told him, “You’re exactly right Seth, this is our problem. We try to cancel people rather than actually having debates about issues that Americans care about.”
“We’re losing on issues like this”
Congressman Seth Moulton doubled down on the comments after a Veterans Day event in Marblehead on Monday.
“I stand by them because importantly, I’m just trying to raise the debate. I’m not saying I have all the answers on this. It’s not my area of expertise. But this is an example of a contentious issue that we have to be willing to take on as a Democratic Party,” Moulton told WBZ. “One, we got to start winning elections and we’re losing on issues like this. And two, if we don’t actually define the terms of the debate then Trump and the extremist Republicans will define it for all the rest of us.”
Backlash to Seth Moulton’s statement on trans athletes
On Monday, a handful of trans activists and anti-war protesters gathered outside Moulton’s Veterans Day event. One of them was Kyle Davis, a Salem city councilor who is now calling for Moulton to resign.
“If the Congressman’s theory of change is that we need to sell out and scapegoat every marginalized community in order to win, I don’t really know what we’re winning at that point,” Davis said.
Moulton told WBZ that the outrage about his comments proves his point. “It’s a whole variety of issues where Democrats are clearly just out of touch with most of America. And I think that’s because we do too much preaching and not enough listening,” Moulton said.
LGBTQ+ advocacy group MassEquality called Moulton’s comments “both harmful and factually inaccurate.”
“Our community is deeply hurt by these remarks, which reinforce harmful stereotypes and undermine the dignity of transgender athletes,” Executive Director Tanya Neslusan said in a statement. “We hope that by engaging with the Congressman, we can work toward a more inclusive and informed understanding of transgender issues in sports.”
Massachusetts Congresswoman Ayanna Pressley did not mention Moulton by name in a social media post Sunday, but wrote that the transgender community has been “scapegoated and dehumanized.”
“I will always stand with trans people and the entire LGBTQ+ community,” Pressley said. “This Congresswoman sees you and loves you.”
More from CBS News
Neal Riley
Neal J. Riley is a digital producer for CBS Boston. He has been with WBZ-TV since 2014. His work has appeared in The Boston Globe and The San Francisco Chronicle. Neal is a graduate of Boston University.
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Evansville woman stole $1.8 million from employer in years-long scheme
Evansville woman stole $1.8 million from employer in years-long scheme
EVANSVILLE — An Evansville woman orchestrated a years-long financial ****** scheme that bilked her employer out of more than $1.8 million — a graft so brazen and well-documented that she entered a petition to plead guilty the same day she was charged.
On Nov. 6, the U.S. Attorney’s Office for the Southern District of Indiana unveiled a six-count indictment accusing Marcie J. Doty of exploiting her managerial position at an unnamed Evansville business to commit wire ****** and tax *******.
That same day, Doty submitted a petition to plead guilty as charged, according to legal filings. In a sentencing memorandum, prosecutors stated that Doty had taken “personal responsibility” for her *******.
Evansville-based attorney Barry Blackard, who serves as Doty’s legal counsel alongside attorney Dennis Brinkmeyer, did not comment on the case when reached by phone Monday evening.
While a jury trial that could publicly reveal the inner workings of Doty’s ****** now appears unlikely, court records do shed some light on what prosecutors said was her years-long effort to steal her employer’s money.
According to Assistant U.S. Attorney Matthew B. Miller, Doty issued nearly 100 unauthorized checks and money transfers on behalf of the unnamed Evansville business between 2017 and 2022 — transactions that left a trail of records at financial institutions.
In total, prosecutors accused Doty of stealing approximately $1,803,466 by depositing the unauthorized checks and transfers into personal bank accounts at ******* ********* Bank and Evansville Federal Credit Union.
“As one example, on or about Feb. 5, 2021, Doty issued an unauthorized check in the amount of $10,059.30 to herself,” Miller wrote in the complaint. “Doty deposited the check into her account at ******* ********* Bank that same day.”
As required by banking regulations, ******* ********* sent an image of the check and relevant data about the transaction to a Federal Reserve Bank as part of the check-clearing process, prosecutors explained.
According to Miller, accounting software used by Doty’s employer also recorded the thefts. Doty, however, falsified data she entered into the software in an effort to cover her tracks, prosecutors said, labeling the unauthorized transfers as business expenses.
Doty pleaded guilty to one count of wire ****** in connection with the Feb. 5, 2021, transaction. Doty’s remaining charges stem from what Miller described as her “willful” ******** to report her ill-gotten gains on federal tax returns.
Between 2018 and 2020, Doty ******* to report approximately $786,280 in income, according to the complaint. During the next two years, she hid more than $1 million in taxable income by failing to file tax returns, a legal filing states.
Doty pleaded guilty to three counts of filing a false tax return and two counts of failing to file a tax return. The government will seek an order to recoup the roughly $1.8 million, which Doty will have to repay based on a court-determined schedule. Additionally, Doty agreed to pay the Internal Revenue Service $577,324 in restitution.
In the event Doty can’t pay up, the government “may take any and all actions necessary to collect the maximum amount of restitution in the most expeditious manner available,” prosecutors wrote.
Wire ****** carries a maximum possible sentence of 20 years, but prosecutors are advocating for a substantially shorter term. According to Doty’s plea agreement, she faces a recommend sentence of between 41 and 51 months.
Because Doty quickly pleaded guilty, prosecutors recommended that she receive a sentence at “the low end of the guideline range,” provided she does not commit a new ****** or violate the terms of her pretrial release.
Judge Richard L. Young will sentence Doty during a yet-to-be scheduled hearing. Federal judges have broad discretion to sentence defendants as they see fit and are not bound to follow recommendations from prosecutors.
The U.S. Probation and Pretrial Services System conducts pre-sentence investigations to aid judges in determining appropriate sentences.
Houston Harwood covers ********* justice issues for the Courier & Press, reporting on the people, policies, and cases that shape our legal system. Reach him at *****@*****.tld.
This article originally appeared on Evansville Courier & Press: Evansville woman pleads guilty in $1.8 million embezzlement case
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Pentagon leaker Jack Teixeira to be sentenced for violating Espionage Act
Pentagon leaker Jack Teixeira to be sentenced for violating Espionage Act
Former Massachusetts Air National Guardsman Jack Teixeira, who admitted he illegally posted sensitive military information to online chat rooms in what prosecutors called one of the “most prolific” and “rare” government ***** operations, is set to be sentenced in a Boston courtroom on Tuesday.
Teixeira, a 22-year-old Massachusetts native, pleaded guilty in March to six counts of violating the Espionage Act, acknowledging he was behind the yearlong distribution of dozens of classified government documents — including some marked “top secret” — on Discord, a social media platform. The classified documents involved in the ***** touched on a number of sensitive issues, but the most notable were about Russia’s war in Ukraine, detailed troop movements and timelines for Western weapons deliveries to the war-torn country, investigators said.
Federal law enforcement arrested Teixeira at his family’s Massachusetts home after a weekslong probe into how sensitive Pentagon records were ending up online.
Prosecutors have asked a federal judge to sentence the defendant to 200 months in prison — almost 17 years — for his central role in “one of the most significant and consequential violations of the Espionage Act in ********* history,” one that has prompted reforms in the handling of classified information.
“The harm the defendant caused to the national security from his disclosures of national defense information is extraordinary,” prosecutors wrote in an October court filing.
For over a year, investigators said Teixeira, who had top secret security clearance as an IT worker at the Otis Air National Guard Base,accessed the classified documents illegally and either hand-copied the information or printed the records before posting the data in the Discord chat rooms. He even messaged individuals in his forums and offered to find specific information about “happenings that pertain to your country,” court records said.
The national defense information began appearing online in February 2022, but investigators didn’t link the leaks to Teixeira for over a year. Prosecutors alleged Teixeira knew his conduct was ******** and accused him of violating his oath to serve.
As the investigation into the leaks zeroed in on Teixeira’s unit, prosecutors alleged in previous court documents that Teixeira began instructing others in the Discord group to “delete all messages.”
“f anyone comes looking, don’t tell them sh**,” he allegedly wrote to one user. And he told another, “Try to delete all my messages in civil discussions.”
“In the aggregate, the defendant’s ********* conduct over the course of more than a year ‘critically and negatively impacted’ the Department of Defense’s mission, endangered his fellow soldiers, other citizens, and allied governments throughout the world,” prosecutors argued last month, urging the judge to impose a heavy sentence.
Teixeira’s defense attorney, however, asked for a sentence of 11 years in prison, telling the judge, “His intent was never to harm the ******* States,” but to “educate his friends about world events to make certain they were not misled by misinformation.”
Revealing that Teixeira was diagnosed with autism, his lawyer wrote in an October court filing that “his motives and decisions were naïve, not nefarious.” Teixeira accepted responsibility for the admitted *******, including by participating in an hourslong briefing with members of the intelligence community, the defense filings argued.
“The actions of Jack Teixeira are inexcusable,” the attorney wrote, describing his client not as a ********* leaker but as a misguided young person swept up in an online ecosystem. “However, Jack is still essentially a child – at the very least, a ‘youthful offender’ – who has his whole life in front of him.”
Following Teixeira’s arrest, the Air Force inspector general found that individuals in his Massachusetts unit ******* to take proper action after at least four separate security incidents. Members of his unit “enabled” the leaks by not properly supervising his access to classified information, the review concluded. The Air National Guard took action against 15 individuals for “dereliction in the performance of duties” as a result of the report’s findings.
Texeira also faces charges of disobeying orders and obstructing justice in a military court martial, which are expected to be adjudicated in March.
Eleanor Watson contributed to this report.
Robert Legare
Robert Legare is a CBS News multiplatform reporter and producer covering the Justice Department, federal courts and investigations. He was previously an associate producer for the “CBS Evening News with Norah O’Donnell.”
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Germany sets election date for February after ruling coalition collapse
Germany sets election date for February after ruling coalition collapse
******* Chancellor Olaf Scholz attends a session of the Bundestag in which new Finance Minister Joerg Kukies was sworn in the day after Scholz fired previous Finance Minister ********** Lindner on November 7, 2024 in Berlin, Germany.
Sean Gallup | Getty Images
Germany is set to hold a federal election in February, earlier than Chancellor Olaf Scholz had originally proposed after his ruling coalition collapsed last week.
Scholz last week had hinted at an election in March, saying he would hold a confidence vote in January.
The election is set to be held on February 23, according to sources within the parliamentary group of Scholz’ social democratic party (SPD).
This vote is now reportedly due to take place on December 16. It is a necessary step ahead of early elections in Germany as the chancellor must first call for the vote in parliament. If the the majority of Bundestag members vote that they no longer have confidence in the chancellor, he can then suggest a dissolution of parliament to the ******* President.
The President in turn then has 21 days to make the move which triggers an election that must take place within 60 days of parliament being dissolved. The President also has the final say in setting the election date.
Scholz had faced increasing pressure to hold an election sooner than he had suggested. Authorities over the weekend, however warned of logistical difficulties and organisational risks if there was not enough lead time until the election date.
The three-year-old ruling coalition between Scholz’ social democratic party (SPD), the Green party and the free democratic party (****) fell apart last week after the chancellor axed former Finance Minister ********** Lindner.
This is a breaking news story. Please refresh for updates.
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Gigabyte 27-Inch Gaming Monitor With QHD Resolution, 180Hz Refresh Rate Launched in India
Gigabyte 27-Inch Gaming Monitor With QHD Resolution, 180Hz Refresh Rate Launched in India
Gigabyte M27QA ICE monitor was launched in India on Tuesday. It joins the Taiwanese manufacturer’s extensive lineup of gaming monitors and boasts features such as a 27-inch panel with QHD resolution, a refresh rate of 180Hz, and AMD FreeSync technology for improved visuals. Gigabyte says its monitor carries support for OSD Sidekick software which enables users to tweak various display settings and allows for further customisation through the keyboard and mouse.
Gigabyte M27QA ICE Monitor Price in India
Gigabyte M27QA ICE monitor is priced in India at Rs. 29,000. It is available in a single white colourway and can be purchased from Amazon, Flipkart, and other online and offline retail outlets.
Gigabyte M27QA ICE Monitor Specifications
The Gigabyte M27QA ICE monitor comes equipped with a 27-inch IPS non-glare display with a QHD (2560×1440 pixels) resolution and a 180Hz refresh rate. The company claims it offers 95 percent DCI-P3 and 130 percent sRGB colour gamut coverage, and a rapid 1ms (MPRT) response time. The gaming monitor features AMD FreeSync technology that is said to improve the display’s synchronisation with compatible GPUs to eliminate screen tearing.
Additionally, it also has VESA DisplayHDR400 certifications, which is claimed to deliver enhanced contrast and brightness for a more immersive gameplay experience.
Its other features include OSD Sidekick, Aim Stabiliser Sync, ****** Equaliser, Dashboard, Crosshair, and six-axis Colour Control — all of which contribute to providing clearer visuals and reducing motion blur during fast scenes. The monitor also has OSD Sidekick software which lets users adjust display settings and customise the user profiles by just using the keyboard and mouse. With the built-in KVM switch, they can control multiple devices via one set of keyboard, video and mouse.
In terms of connectivity, the Gigabyte M27QA ICE monitor is equipped with a single USB Type-C port, two USB 3.2 Downstream ports, one USB 3.2 Upstream port, DisplayPort 1.4, two HDMI 2.0 ports, and a 3.5mm headphone jack. It measures 615.11 x 367.35 x 42.21 mm (without a stand) and weighs 3.45 kg.
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Alibaba launches AI search for small biz, says purchase intent jumps
Alibaba launches AI search for small biz, says purchase intent jumps
Alibaba International promotes its e-commerce platform for small businesses at the Canton Fair in Guangdong, China, on Oct. 16, 2024.
Vcg | Visual China Group | Getty Images
BEIJING — ******** e-commerce giant Alibaba on Tuesday unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.
It’s an attempt to leverage ChatGPT-like tech to increase sales. Initial tests showed businesses’ purchase intent using the new tool increased by 40% versus traditional search engines, according to Kuo Zhang, president of Alibaba.com and vice president of Alibaba International.
The product is called Accio, after the spell used in the Harry Potter fantasy series for summoning objects. The initial version is web-based and supports English, *******, French, Portuguese and Spanish, according to the company.
With a few text or image prompts, businesses can use Accio to find wholesale products — including analysis on their popularity with consumers and projected profit, according to demos viewed by CNBC.
Examples shown included helping a sports entrepreneur to build a line of pickleball products. At the end of the search, the tool lists a number of procurement options for the business to discuss directly with each supplier.
The tech uses generative AI from Alibaba’s Tongyi Qianwen large language model, Zhang said, declining to confirm whether the product integrates AI from other companies.
An LLM is an artificial intelligence model trained on large amounts of data. A model supports generative AI applications, such as OpenAI’s ChatGPT, which generates human-like responses to user prompts. To be sure, several businesses are still in the experimentation phase with AI and many firms are yet to find a way of monetizing the technology.
Accio uses data from 50 million businesses on Alibaba International’s platform, and publicly available industry information, Zhang said. He said the tool incorporates 1 billion product listings and documents covering industries across more than 100 markets from Alibaba.com, the company’s business-to-business platform which sells to companies outside China.
Businesses based in Europe and North America are the largest group of buyers, the company said.
Alibaba’s international arm in October announced an updated version of an AI translation tool to help merchants reach customers in other countries. The company claimed the tech’s translation capabilities beat that of Google, DeepL and ChatGPT.
The international business has grown rapidly in recent years, but Alibaba’s main revenue driver ******** its domestic e-commerce platforms Taobao and Tmall. In August 2023, management told investors that “the Taobao app has the greatest potential to become a one stop smart portal for life and consumption enabled by AI.”
During the weeks-long Singles Day shopping festival that wrapped up Monday, more than half of over 500 merchants selling on ******** e-commerce platforms such as Alibaba and JD.com used a generative AI-enabled tool, according to a survey by Bain & Company.
Those features include AI for customer service and generating content. The survey found 56% of respondents said AI tools had “high positive impact” on improving productivity.
Alibaba is scheduled to report quarterly results on Friday.
—CNBC’s Arjun Kharpal contributed to this report.
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SpaceX Falcon 9 Rocket to Launch 24 Starlink Satellites from Florida
SpaceX Falcon 9 Rocket to Launch 24 Starlink Satellites from Florida
SpaceX is set to launch 24 additional Starlink satellites from Florida’s Space Coast on Monday, November 11. The launch will take place at 4:02 p.m. EST (2102 GMT) from Cape Canaveral Space Force Station. Initially scheduled for Sunday, the launch was postponed due to adverse weather conditions affecting the recovery process. This mission will contribute to expanding SpaceX’s Starlink network, aimed at providing global internet coverage.
Details of the Mission
The Falcon 9 rocket, carrying the 24 Starlink satellites, will lift off during a four-hour launch window. According to SpaceX, the rocket’s first stage is expected to return to Earth around eight minutes after launch. A vertical landing will take place on the droneship “A Shortfall of Gravitas,” which will be positioned in the Atlantic Ocean. This particular Falcon 9 booster will be making its 12th flight, having previously flown on 11 missions, including five dedicated to Starlink deployments. Once the first stage has separated, the upper stage of the rocket will continue its journey to low Earth orbit (LEO). The satellites are scheduled to deploy about 65 minutes after liftoff.
Ongoing Starlink Expansion
This mission is part of SpaceX’s ongoing efforts to expand the Starlink constellation, which currently has over 6,500 active satellites in orbit. With nearly 70% of SpaceX’s 2024 Falcon 9 missions dedicated to Starlink launches, the company continues to bolster its global internet service. The Starlink network plays a crucial role in providing internet access to remote and underserved regions worldwide.
Previous and Upcoming Launches
SpaceX’s most recent Starlink launch occurred on November 9, 2024, from Vandenberg Space Force Base in California. As the company continues to focus on satellite deployment, more launches are expected in the coming months to further expand the Starlink constellation
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Alibaba launches AI search for small biz, says purchase intent jumps
Alibaba launches AI search for small biz, says purchase intent jumps
Alibaba International promotes its e-commerce platform for small businesses at the Canton Fair in Guangdong, China, on Oct. 16, 2024.
Vcg | Visual China Group | Getty Images
BEIJING — ******** e-commerce giant Alibaba on Tuesday unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.
It’s an attempt to leverage ChatGPT-like tech to increase sales. Initial tests showed businesses’ purchase intent using the new tool increased by 40% versus traditional search engines, according to Kuo Zhang, president of Alibaba.com and vice president of Alibaba International.
The product is called Accio, after the spell used in the Harry Potter fantasy series for summoning objects. The initial version is web-based and supports English, *******, French, Portuguese and Spanish, according to the company.
With a few text or image prompts, businesses can use Accio to find wholesale products — including analysis on their popularity with consumers and projected profit, according to demos viewed by CNBC.
Examples shown included helping a sports entrepreneur to build a line of pickleball products. At the end of the search, the tool lists a number of procurement options for the business to discuss directly with each supplier.
The tech uses generative AI from Alibaba’s Tongyi Qianwen large language model, Zhang said, declining to confirm whether the product integrates AI from other companies.
An LLM is an artificial intelligence model trained on large amounts of data. A model supports generative AI applications, such as OpenAI’s ChatGPT, which generates human-like responses to user prompts. To be sure, several businesses are still in the experimentation phase with AI and many firms are yet to find a way of monetizing the technology.
Accio uses data from 50 million businesses on Alibaba International’s platform, and publicly available industry information, Zhang said. He said the tool incorporates 1 billion product listings and documents covering industries across more than 100 markets from Alibaba.com, the company’s business-to-business platform which sells to companies outside China.
Businesses based in Europe and North America are the largest group of buyers, the company said.
Alibaba’s international arm in October announced an updated version of an AI translation tool to help merchants reach customers in other countries. The company claimed the tech’s translation capabilities beat that of Google, DeepL and ChatGPT.
The international business has grown rapidly in recent years, but Alibaba’s main revenue driver ******** its domestic e-commerce platforms Taobao and Tmall. In August 2023, management told investors that “the Taobao app has the greatest potential to become a one stop smart portal for life and consumption enabled by AI.”
During the weeks-long Singles Day shopping festival that wrapped up Monday, more than half of over 500 merchants selling on ******** e-commerce platforms such as Alibaba and JD.com used a generative AI-enabled tool, according to a survey by Bain & Company.
Those features include AI for customer service and generating content. The survey found 56% of respondents said AI tools had “high positive impact” on improving productivity.
Alibaba is scheduled to report quarterly results on Friday.
—CNBC’s Arjun Kharpal contributed to this report.
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Pelican News
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Greek Violinist Leonidas Kavakos Nominated for Grammy Award
Greek Violinist Leonidas Kavakos Nominated for Grammy Award
Born in Athens, Leonidas Kavakos has won several international violin competition prizes. Credit: Leonidas Kavakos
Greek violinist Leonidas Kavakos is on the list of nominations for the Grammy Music Awards this year, following the well-received release of a Beethoven symphony work earlier this year.
The Grammy Awards are awards presented by the Recording Academy of the ******* States to recognize outstanding achievements in the music industry. They are regarded by many as the most prestigious and significant awards in the music industry worldwide.
The “Beethoven for Three: Symphony No. 4 And Op. 97, “Archduke” (Sony Classical) was recorded with cellist Yo-Yo Ma and pianist Emmanuel Ax, is up for Best Chamber/Small Ensemble Performance.
Released in March, the album has received particularly warm reviews. The three leading soloists presented their work at a concert in Herodeion in June, as part of the Athens-Epidavros Festival.
The front cover of the latest album. Credit: Sony Classical
Leonidas Kavakos carreer leads him to the Grammys
Born in Athens, Leonidas Kavakos has won several international violin competition prizes, including the Sibelius, Paganini, Naumburg, and Indianapolis competitions. He is an Onassis Foundation scholar. He has also recorded for record labels such as Sony/BMG and BIS.
As a conductor, he was an artistic director of the Camerata Salzburg and has been a guest conductor of the London Symphony Orchestra and Boston Symphony Orchestra.
In 2016 Kavakos, took to the stage of the Lincoln Center of Manhattan to conduct the New York Philharmonic. The last time a Greek musician stood at the podium of the New York Philharmonic Orchestra was in 1960 when Dimitris Mitropoulos took to the stage.
The Beatles among the nominees for Grammy Awards
The nominees for the 2025 Grammy Awards were revealed last Friday. Beyoncé added to her all-time record number of Grammy nominations with 11, followed by Kendrick Lamar, Charli XCX and Billie Eilish with seven nods each. Beyoncé now has a career total 99 Grammy nominations – more than any other artist – but she’s not yet won the Recording Academy’s top prize, album of the year.
The Beatles – “Now and Then” has been nominated as record of the year. The song was 45 years in the making. An original John Lennon recording was given to the then-surviving Beatles by Yoko Ono in the early 1990s as they assembled their Anthology project.
While Paul McCartney, George Harrison and Ringo Starr completed recording on the Lennon songs ‘Free As A Bird’ and ‘Real Love’, they abandoned work on ‘Now and Then’, in part because of the technical limitations of the time.
After several hints over the years, the advances in de-mixing technology used during the Get Back documentary series meant that McCartney and Starr could finally finish off the song, which was finally heard on November 2, 2023.
The song has been nominated in two categories at the 67th Grammy Awards, due to take place at the Crypto.com Arena in LA on February 2, 2025: Best Rock Performance and Record of the Year.
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Presenter to stop hosting Match of the Day, BBC confirms
Presenter to stop hosting Match of the Day, BBC confirms
He will also front the BBC’s coverage of the FA Cup 2025/2026.
“The BBC and Gary Lineker have agreed in principle a contract extension through to the 2026 World Cup,” the BBC said, while confirming his Match of the Day tenure was ending.
Lineker said: “I’m delighted to continue my long association with BBC Sport and would like to thank all those who made this happen.”
He will continue with the MOTD Top Ten podcast and the BBC will also host the popular The Rest is Football podcast on BBC Sounds.
The presenter, whose contract was coming to an end, entered negotiations with the BBC’s new head of sport in October.
BBC News understands that Lineker was open to staying on at Match of the Day, but the BBC did not offer him a new contract for the show.
“With 33 million viewers last season across the Premier League and FA Cup, Match of the Day ******** part of the staple diet of football fans who still get a huge buzz from hearing that iconic theme tune on a Saturday night,” the BBC said.
“The show continually evolves for changing viewing habits bringing its unique and unmatched analysis and commentary across all platforms. Future plans for Match of the Day will be announced in due course.”
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CERN’s BASE-STEP Successfully Transports Protons, Paving Way for Antimatter Transport
CERN’s BASE-STEP Successfully Transports Protons, Paving Way for Antimatter Transport
Physicists at CERN have made a significant step forward in the challenge of transporting antimatter. In a breakthrough experiment, the team demonstrated the ability to move unstable particles using a specially designed trap. This marks the first successful test of transporting particles across CERN’s facilities, which could lay the foundation for shipping antimatter to other research laboratories in the future.
BASE-STEP Trap Used for First Test
The experiment, conducted in late October, involved the movement of 70 protons – subatomic particles that share similar challenges to antimatter in terms of handling and storage. The study from CERN revealed that using the BASE-STEP trap, the particles were placed in a vacuum chamber and transported on a truck across CERN’s premises without being disrupted. The report further mentioned that the success of the test was seen as a promising indication that a similar approach could be applied to antiprotons, the antimatter counterpart to protons, which are notoriously difficult to contain due to their tendency to annihilate upon contact with matter.
Future Plans for Antimatter Transport
********** Smorra, a CERN physicist leading the BASE-STEP project, stated in a statement that while the test was conducted with protons, the process is expected to work with antiprotons as well, though additional precautions will be needed. These include a more robust vacuum chamber to ensure the antimatter ******** stable during transport.
Antimatter is typically produced at CERN’s Antiproton Decelerator (AD) facility and stored in magnetic fields to prevent it from touching matter. The BASE experiment has already proven capable of storing antimatter for extended periods, but transporting it to different labs has posed a significant challenge. With the development of BASE-STEP, physicists now have a portable version of this technology, designed to protect the particles from the jostling they would experience during transport.
Looking Ahead to 2025
The next stage for CERN’s research team is to transport antiprotons in early 2025, with plans for further refinements to the technology. Smorra mentioned that the goal is to eventually enable antimatter transport across Europe to specialised laboratories, enhancing the precision of ongoing studies.
The success of the trial has opened up the potential for even deeper investigations into the properties of antimatter, with scientists hoping to gain a clearer understanding of its fundamental nature.
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