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£400 off! Jump into the game straight away on this £549 prebuilt gaming PC with Nvidia RTX 4060 and AMD Ryzen CPU inside £400 off! Jump into the game straight away on this £549 prebuilt gaming PC with Nvidia RTX 4060 and AMD Ryzen CPU inside If you’ve been looking to pick up a cheap gaming PC to enter the PC gaming scene, get your hands on cheaper games and better modding support, this could be a useful deal for you. It’s a no-nonsense, practical build that will perform like a current-generation games console (ish) but can tweak a game’s video settings to a greater extent for a better experience. Available from AWD-IT, this prebuilt Air Mesh Ryzen 5 5500 and Nvidia GeForce RTX 4060 Gaming PC is just £549, saving £400. With a selection of components that also includes the RAM, storage, and PSU, this PC comes complete with almost everything you need to start gaming straight away. There is, however, one thing missing, and that’s the OS or operating system. You can install your own Linux-based OS or pick up a copy of Windows cheaply or for free and install it yourself. If that’s a little too complicated for you, then you can select a copy of Windows in the drop-down menu, but this will cost you an extra £89 This system is pretty barebones, but you can add to it at a later date if you wish. It’s easy to upgrade with more RAM or more storage, like a 1TB SSD or higher. To give you an idea, the price of just the RTX 4060 GPU is around £270, so you’re picking up every other part, including the case, motherboard, RAM, CPU, PSU, SSD, etc, for just £279. Plus, you also get free shipping included. Follow Tom’s Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button. Source link #Jump #game #straight #prebuilt #gaming #Nvidia #RTX #AMD #Ryzen #CPU Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Rapper Kid Cudi to testify at Diddy's trial Rapper Kid Cudi to testify at Diddy's trial Sean “Diddy” Combs’ sex-trafficking trial continues with evidence from rapper Kid Cudi after the court finishes hearing from a former aide to the music mogul. Source link #Rapper #Kid #Cudi #testify #Diddy039s #trial Pelican News View the full article at [Hidden Content]

House passes Trump’s deficit-swelling tax bill, with big Medicaid changes House passes Trump’s deficit-swelling tax bill, with big Medicaid changes WASHINGTON – Americans could see major changes to Medicaid, food stamps, border security and taxes under a sweeping Republican bill that passed the U.S. House early on May 22. The proposal, which President Donald Trump has dubbed the “big, beautiful bill,” would enact Trump’s major campaign promises like eliminating taxes on workers’ tips and overtime and is likely to be one of the most significant pieces of legislation that will be passed during his second term in the Oval Office. It passed the House 215-214, with all Democrats and two Republicans voting against it after a marathon all-night debate. Republicans had only three votes to spare in the closely-divided House. More: The winners (and losers) in Trump’s ‘big beautiful’ tax bill As recently as May 20, it wasn’t clear House Republicans would be able to get the bill endorsed by Trump across the finish line. A handful of Republicans from primarily Democratic states were holding out on raising a tax deduction cap that would benefit their constituents, while fiscal conservatives remained concerned about the cost of the legislation, which is expected to add around $3.3 trillion to the deficit over the next 10 years. The tax plan has rattled stock markets in recent days as investors worry about the ballooning debt. Trump met personally with the GOP conference that morning, urging them to stop pushing for more changes and get behind the bill. “Failure is simply not an option,” House Speaker Mike Johnson, R-Louisiana, said after the meeting. With Speaker of the House Mike Johnson (R-LA) by his side President Donald Trump speaks to the press following a House Republican meeting at the U.S. Capitol on May 20, 2025 in Washington, DC. More: Stocks fall, Dow down 800 points as bonds tank amid tax debate. Bitcoin hits fresh high. After several marathon days of negotiations, including a May 21 meeting at the Trump White House, Republican leadership made additional changes and enough lawmakers came on board to pass it. “What we’re going to do here this morning is truly historic, and it will make all the difference in the daily lives of hard working Americans,” Johnson said in a floor speech shortly before the bill passed. Democrats have slammed the bill as a giveaway to the wealthy at the expense of people who benefit from social safety net programs like Medicaid and SNAP. “This is one big, ugly bill that House Republicans are trying to jam down the throats of the American people under the cover of darkness,” House ********* Leader Hakeem Jeffries, D-New York, said on the House floor. Pro Medicaid signs light up at the U.S. Capitol amid budget showdown, on May 07, 2025 in Washington, DC. More: ‘Don’t f— around with Medicaid’: Trump works to clear out GOP opposition to policy bill Still, it has a long way to go before it becomes law. The bill will next go to the Senate, which has already made clear that it plans to make changes. If that happens, the two chambers would still have to hash out the details capable of winning majority votes before they can send it to Trump’s desk to be signed into law. The clock is ticking: Treasury Sec. Scott Bessent warned that the U.S. is likely to hit the debt ceiling in August, and urged lawmakers to finalize the package – which raises the debt ceiling by $4 trillion – before leaving for their summer recess at the end of July. What is in the bill? The sweeping House bill is expected to touch many corners of American life, from their wallets and healthcare to the southern border and the national debt. The 2017 Tax Cuts and Jobs Act, which lowered income tax rates for all income groups but disproportionately benefitted the highest earners, is set to expire at the end of 2025. The bill would make those tax rates permanent at an expected cost of more than $2 trillion over the next 10 years. No taxes on tips and overtime The GOP budget proposal would make tips tax-exempt. The bill would also implement temporary tax breaks for tipped wages and overtime, create a new temporary deduction for the interest on loans for American-made cars, and create a new tax deduction for people over age 65. Children under 8 years old could also benefit from a new “Trump” savings account seeded with $1,000 from the federal government. 7.6 million would lose Medicaid Medicaid, the program that provides health insurance to more than 71 million low-income Americans, would undergo big changes. That includes new work requirements for adults enrolled in Medicaid expansion beginning in December of 2026, more frequent eligibility checks, and disincentives for states to cover unauthorized migrant children, among other provisions. Collectively, the Medicaid proposal would save at least $625 billion and cause 7.6 million Americans to lose their health insurance over the next 10 years, according to initial estimates by the nonpartisan Congressional Budget Office. Demonstrators hold signs during a press conference to discuss cuts to Medicaid, the Supplemental Nutrition Assistance Program (SNAP) and the Child Tax Credit, on Capitol Hill in Washington, D.C., U.S., May 13, 2025. More: How much do Americans rely on programs like Medicaid and Social Security? Trump warned Republicans who wanted to squeeze additional changes out of the health insurance program, telling them “Don’t f‒‒‒ around with Medicaid,” at a May 20 meeting. The proposal would also implement new requirements in the Supplemental Nutrition Assistance Program, known as SNAP or food stamps, which provides assistance to around 42 million Americans. That would save up to $300 billion over the next ten years and shift more of the cost of the program to states. Big spending on border security, missile defense The bill would put more than $140 billion toward Trump’s plan to crack down on ******** immigration, including $50 billion for a border wall, $45 billion for detention centers, $8 billion for immigration officers and $14 billion for deportations. It would also put around $150 billion toward defense spending, including $20 billion that would go, in part, to creating a “Golden Dome” missile defense system that Trump has promoted. Blue state tax benefits, green energy, vouchers Residents of high-tax states like New York, California and New Jersey making under $500,000 will be able to claim a deduction of up to $40,000 on their federal returns for taxes paid to their state and local governments – which those holdout lawmakers pushed up from the initially-proposed $30,000. Right now, the cap on that deduction is $10,000. The bill would eliminate several green energy provisions passed under former President Joe Biden, such as tax credits for electric vehicles and renewable energy, and would accelerate permitting for fossil fuel projects. Families could use new vouchers collectively worth billions dollars for education outside of public schools, such as for private schools, parochial schools or homeschooling. Meanwhile, private universities could face new taxes for large endowments. This article originally appeared on USA TODAY: Trump’s deficit-swelling tax bill passes House Source link #House #passes #Trumps #deficitswelling #tax #bill #big #Medicaid Pelican News View the full article at [Hidden Content]

Hong Kong passes stablecoin bill as more governments recognize the digital assets Hong Kong passes stablecoin bill as more governments recognize the digital assets The Tether (USDT) stablecoin logo. Costfoto | Nurphoto | Getty Images Hong Kong passed a stablecoin bill on Wednesday to expand its cryptocurrency licensing regime as more governments recognize the digital assets. Unlike volatile digital assets like bitcoin, the value of stablecoins is tied to a real-world asset like fiat currencies or commodities like gold. The new law — focused on fiat-referenced stablecoins — will require stablecoin issuers to obtain a license from the Hong Kong Monetary Authority and comply with a range of requirements, including proper management of asset reserves and segregation of client assets. It will “enhance Hong Kong’s existing regulatory framework on virtual-asset (VA) activities, thereby fostering financial stability and encourging financial innovation,” the central banking body said. It added that it would conduct further consultations on the detailed regulatory framework. The Hong Kong government said in a statement that the stablecoins policy is expected to come into effect this year, with “sufficient time” allowed for the industry to understand the requirements. In 2023, Hong Kong introduced its virtual asset licensing regime, which requires cryptocurrency firms with an official presence in the city to apply for licenses and meet specific standards and requirements to offer digital assets to retail investors in the city. However, the existing policy did not include stablecoins in its purview. “Hong Kong’s new stablecoin policy sets a global benchmark by mandating full reserve backing, strict redemption guarantees, and HKMA oversight,” YeFeng Gong, risk and strategy director of HashKey OTC, told CNBC. HashKey OTC is a trading arm of the HashKey Group, which has a licensed crypto platform in Hong Kong. The policy “ensures institutional-grade reliability for traders while positioning Hong Kong as a leader in compliant digital finance,” he added. Crypto adoption and legitimacy The move from Hong Kong comes just days after the U.S. Senate advanced the GENIUS Act, which would establish the first regulatory framework for issuers of stablecoins if implemented. A push to regulate stablecoins has been intensifying globally, with other jurisdictions having also implemented their own regulatory frameworks, including the European Union, Singapore, the United Arab Emirates and Japan, blockchain intelligence firm Chainalysis said in a report on Wednesday. Chengyi Ong, head of Asia-Pacific policy at Chainalysis, told CNBC that the latest regulations are expected to help with crypto adoption and legitimacy. “[Stablecoins] form the backbone of the crypto ecosystem, but their stability also opens the door to their use in overcoming frictions dogging traditional finance, such as slow cross-border payments and settlement,” Ong said. “This potentially transformative utility is what has driven governments around the world, from Europe to Asia, to take steps toward regulatory regimes that will facilitate the emergence of high-quality stablecoins,” she added. According to Chainalysis, the total market cap of stablecoins is around $232 billion as of this month. Source link #Hong #Kong #passes #stablecoin #bill #governments #recognize #digital #assets Pelican News View the full article at [Hidden Content]

Eagles have no comment on Jeffrey Lurie statement that drew rebuke from Troy Vincent – NBC Sports Eagles have no comment on Jeffrey Lurie statement that drew rebuke from Troy Vincent – NBC Sports Eagles have no comment on Jeffrey Lurie statement that drew rebuke from Troy Vincent NBC SportsSources: Tempers flare in tense tush push debate ESPNWinners, losers of NFL’s ‘Tush Push’ vote: Eagles not only ones to benefit from retention USA TodayInside the NFL tush push debate that thwarted its ban — thanks first and foremost to Jason Kelce Yahoo SportsProposal to ban tush push does not pass at Spring League Meeting NFL.com Source link #Eagles #comment #Jeffrey #Lurie #statement #drew #rebuke #Troy #Vincent #NBC #Sports Pelican News View the full article at [Hidden Content]

Hong Kong passes stablecoin bill as more governments recognize the digital assets Hong Kong passes stablecoin bill as more governments recognize the digital assets The Tether (USDT) stablecoin logo. Costfoto | Nurphoto | Getty Images Hong Kong passed a stablecoin bill on Wednesday to expand its cryptocurrency licensing regime as more governments recognize the digital assets. Unlike volatile digital assets like bitcoin, the value of stablecoins is tied to a real-world asset like fiat currencies or commodities like gold. The new law — focused on fiat-referenced stablecoins — will require stablecoin issuers to obtain a license from the Hong Kong Monetary Authority and comply with a range of requirements, including proper management of asset reserves and segregation of client assets. It will “enhance Hong Kong’s existing regulatory framework on virtual-asset (VA) activities, thereby fostering financial stability and encourging financial innovation,” the central banking body said. It added that it would conduct further consultations on the detailed regulatory framework. The Hong Kong government said in a statement that the stablecoins policy is expected to come into effect this year, with “sufficient time” allowed for the industry to understand the requirements. In 2023, Hong Kong introduced its virtual asset licensing regime, which requires cryptocurrency firms with an official presence in the city to apply for licenses and meet specific standards and requirements to offer digital assets to retail investors in the city. However, the existing policy did not include stablecoins in its purview. “Hong Kong’s new stablecoin policy sets a global benchmark by mandating full reserve backing, strict redemption guarantees, and HKMA oversight,” YeFeng Gong, risk and strategy director of HashKey OTC, told CNBC. HashKey OTC is a trading arm of the HashKey Group, which has a licensed crypto platform in Hong Kong. The policy “ensures institutional-grade reliability for traders while positioning Hong Kong as a leader in compliant digital finance,” he added. Crypto adoption and legitimacy The move from Hong Kong comes just days after the U.S. Senate advanced the GENIUS Act, which would establish the first regulatory framework for issuers of stablecoins if implemented. A push to regulate stablecoins has been intensifying globally, with other jurisdictions having also implemented their own regulatory frameworks, including the European Union, Singapore, the United Arab Emirates and Japan, blockchain intelligence firm Chainalysis said in a report on Wednesday. Chengyi Ong, head of Asia-Pacific policy at Chainalysis, told CNBC that the latest regulations are expected to help with crypto adoption and legitimacy. “[Stablecoins] form the backbone of the crypto ecosystem, but their stability also opens the door to their use in overcoming frictions dogging traditional finance, such as slow cross-border payments and settlement,” Ong said. “This potentially transformative utility is what has driven governments around the world, from Europe to Asia, to take steps toward regulatory regimes that will facilitate the emergence of high-quality stablecoins,” she added. According to Chainalysis, the total market cap of stablecoins is around $232 billion as of this month. Source link #Hong #Kong #passes #stablecoin #bill #governments #recognize #digital #assets Pelican News View the full article at [Hidden Content]

Tottenham 1-0 Man Utd: Inside Ange Postecoglou’s Europa League win with Spurs Tottenham 1-0 Man Utd: Inside Ange Postecoglou’s Europa League win with Spurs Speak to those behind the scenes and they will explain injuries have been the most pertinent factor behind Tottenham’s predicament. Son Heung-min, Dominic Solanke, Dejan Kulusevski, Cristian Romero, Micky van de Ven, Richarlison and Guglielmo Vicario among many others have spent extended spells on the sidelines this season – many of them with muscular issues. James Maddison, Lucas Bergvall and Kulusevski were all unavailable in Bilbao. Son started on the bench because he was deemed unfit having only recently returned from injury. Indeed, multiple sources have told BBC Sport that the club’s crippling injury record has been at the centre of some friction between members of the coaching team and medical and strength and conditioning staff over the course of the season. “It’s been the blame game,” one well-placed source said. According to sources, Richarlison’s injury-disrupted campaign has proved a bone of contention, particularly in the aftermath of the 4-0 Carabao Cup defeat by Liverpool in February when, having only recently returned from respective hamstring and groin injuries, the Brazil international suffered a subsequent calf injury. There have been other examples this season where Postecoglou’s team and the medical and fitness department haven’t seen eye-to-eye. Has Postecoglou pushed players too hard? Or are the strength and conditioning and medical departments at fault? The answers will vary depending on who you speak to. Interestingly, it is understood there were similar strains during Postecoglou’s reign at Celtic, with medical staff and the manager not always aligned. It’s pertinent to add that those tensions at Tottenham have eased in recent weeks as the club’s walking wounded returned to availability, while Postecoglou has sought to factor in more days off for his players in recent months – their elimination from the Carabao Cup and FA Cup allowing him extra leeway. Nevertheless, the sheer number of muscular injuries the club have suffered this season indicates an issue that requires rectifying. As is normal at the end of the season, Tottenham will review the campaign with a view to making departmental improvements ahead of the next. With the incoming arrival of Vinai Venkatesham as new CEO, it’s probable that current chief football officer Scott Munn’s position will come under scrutiny at the end of the season. Tottenham have also held talks with former managing director of football Fabio Paratici over a return to the club following his exit in 2023 after an appeal against a two-and-a-half-year Fifa ban for alleged financial irregularities while at Juventus was rejected by Italy’s highest sports court. It is also fair to assume the club’s horrendous injury record will be part of the review process. The upside of the club’s injury issues has been the development of 19-year-olds Bergvall and Archie Gray this season. Both teenagers were expected to be eased into first-team duty this season – but the pair have made 88 appearances between them so far. While there is acknowledgement that the experience will be invaluable to the development of both players, there is also an acceptance that the situation has been far from ideal for a club expected to be challenging for a top-five spot. Source link #Tottenham #Man #Utd #Ange #Postecoglous #Europa #League #win #Spurs Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Western Australia hoping to buck worrying trend with more than half of top draft prospects Indigenous Western Australia hoping to buck worrying trend with more than half of top draft prospects Indigenous Western Australia is on track to buck a concerning fall in Indigenous numbers in the AFL, with Aboriginal players making up more than half of the state’s potential draft prospects this year. Source link #Western #Australia #hoping #buck #worrying #trend #top #draft #prospects #Indigenous Pelican News View the full article at [Hidden Content]

Bitcoin price hits all-time high above $111,000 Bitcoin price hits all-time high above $111,000 Bitcoin (BTC-USD) hit a new all-time high above $111,000 (£82,605) on Thursday, marking another milestone in its 2025 bull run. The world’s largest cryptocurrency by market cap continued to surge even as US stock markets declined on Wednesday, with the tech-heavy Nasdaq (^IXIC) posting losses. Analysts are pointing to growing institutional appetite for bitcoin as a major factor in its price appreciation. “Institutional conviction is clear, and bitcoin investment products saw $557m in inflows last week alone, contributing to a record-breaking $7.5bn year-to-date,” said Nexo Dispatch analyst Iliya Kalchev. “On-chain data shows capital pouring in fast enough to push Bitcoin’s Realized Cap above $900bn for the first time — evidence that this rally isn’t just speculative, it’s backed by real demand.” Read more: Crypto live prices Regulatory progress in the US is also supporting sentiment. The GENIUS Act — a bill aimed at establishing a regulatory framework for stablecoins — cleared a key procedural vote in the US Senate this week. “The GENIUS Act is a major step forward in removing regulatory uncertainty, but regulation, including this act, shouldn’t place too much of a compliance burden on cryptocurrency startups, and should ensure the right of ordinary citizens to privacy,” Near Foundation head of research Lane Rettig said. Even traditional finance players appear to be softening their stance. JPMorgan (JPM) CEO Jamie Dimon, a longtime crypto skeptic, recently confirmed the bank will now allow clients to buy bitcoin. Supply dynamics are also playing a key role in the bitcoin price surge. The amount of bitcoin held on centralised cryptocurrency exchanges has dropped to historic lows, indicating a shift toward self-custody and reducing readily available supply. According to CryptoQuant, exchange reserves are at an all-time low. Read more: How Trump and Melania meme coins are performing after 100 days CoinGlass data shows that 7,206 BTC left exchanges in the last 24 hours, with over 121,000 bitcoin withdrawn in the past month. With shrinking supply and rising demand, analysts believe bitcoin’s rally could be far from over. Standard Chartered (STAN.L) recently reiterated its bullish outlook, forecasting a price of $200,000. Financial educator and author Robert Kiyosaki predicted bitcoin could hit $250,000 by year-end — and potentially reach $500,000 or even $1m longer term. Read more: Source link #Bitcoin #price #hits #alltime #high Pelican News View the full article at [Hidden Content]

Sam Altman and Jony Ive’s mysterious ‘AI-powered computer’ will be OpenAI’s magnum opus – here are 5 clues that hint at what it will be Sam Altman and Jony Ive’s mysterious ‘AI-powered computer’ will be OpenAI’s magnum opus – here are 5 clues that hint at what it will be Sam Altman and Jony Ive called the announcement of io, an AI device startup purchased by OpenAI, an “extraordinary moment.” After watching the nine-minute video where the two “friends” talk about their future business endeavours in a busy San Francisco Café bustling with paid actors, I was left intrigued by the promise of “a new generation of technology that can make us our better selves,” but confused by the lack of details. Nine minutes later and anyone that watched the weird corporate romcom of Sam and Jony, has more questions than they have answers. We already knew Ive was working with Altman, yet the announcement that OpenAI is purchasing the startup for $6.5 billion makes it all feel that little bit more real. You may like OpenAI wants whatever io creates to be its magnum opus, and honestly, considering Ive’s track record, I wouldn’t be surprised in the slightest if it is. But still, I’m left more confused at the prospect of what it could be than what it won’t be. Following the reveal, the WSJ, Bloomberg, and other outlets published articles that give further insight into what io’s first product could look like. I’ve read the piece, I’ve scoured past rumors and articles, and I’ve come up with five clues that give us an idea of what to expect from this upcoming ChatGPT-powered hardware. Here are the top five clues that hint at what Sam and Jony could be working on. 1. An AI device like we’ve never seen before? (Image credit: Humane) It’s hard to even fathom what a dedicated piece of AI hardware could look like if it’s not similar to those that have come before it. Last year, we saw the market flooded with products like the Humane AI Pin and the Rabbit R1, which both failed to make an impact. After the announcement of io, Ive spoke to Bloomberg, where he said Humane and Rabbit ‘were very poor products,’ he added, ‘There has been an absence of new ways of thinking expressed in products.’ Following the announcement, Altman gave his OpenAI staff a preview of what’s to come, and according to Bloomberg, ‘The product will be capable of being fully aware of a user’s surroundings and life, will be unobtrusive, able to rest in one’s pocket or on one’s desk.’ I’m no genius, I definitely couldn’t have come up with the concept of the iPhone, but to me this sounds like a Jony Ive-ification of a dedicated ChatGPT smart pin. 2. It won’t be a wearable (in the traditional sense) (Image credit: Google) If io’s first product can sit on your desk or get thrown in a pocket, then it’s not going to be competing with the Apple Watches of the world. Instead, the duo told the WSJ its intent is to “wean users from screens.” It’s also not a pair of glasses like the Ray-Ban Meta glasses and “Ive is skeptical about building something to wear on the body.” That doesn’t really whittle it down, but it does continue to paint a picture similar to the form factor of the Humane AI Pin. I can’t help but envision a small AI-powered device that can be placed anywhere, and is able to interact with a user in the same way we would interact with ChatGPT Advanced Voice Mode or Gemini Live. Another hint Altman and Ive gave the WSJ is that the product will be “capable of being fully aware of a user’s surroundings and life,” and “unobtrusive.'”Again, painting the picture of a small smart pin that you can place anywhere. 3. It will sit alongside your iPhone and Mac The io AI device “will be a third core device a person would put on a desk after a MacBook Pro and an iPhone”, according to Ive and Altman, providing an experience that’s not really been possible up until this point. In the nine-minute conversation between the two, Altman explains how we currently interact with ChatGPT. He says, “I would need to reach down into my bag, get out my laptop, open it up, launch a browser, I’d start typing, and then explain that thing, then hit enter, then I would wait for a response. That is the limit of what a laptop can do, and I think this technology [ChatGPT] deserves much better.” Now, there’s likely a lot of marketing speak here, but the duo seems convinced that whatever they are working on will redefine modern technology and give us the best way to interact with the capabilities of ChatGPT. In February I wrote about this rumored device, and I said, “I’m not totally convinced of the idea of a dedicated AI device, but if OpenAI’s product connects via Bluetooth, adding some kind of bracelet or pin that directly interacts with ChatGPT and all its power on your smartphone, then this could be the next step in the evolution of smart wearables. I’d love to be able to quickly transcribe audio directly from a ChatGPT-powered pin, for example, and then read back the information on my iPhone. The device wouldn’t need a screen in this scenario, because your smartphone ultimately functions as the user interface.” Three months later, and while this quote from Ive and Altman hints at a standalone device rather than one that connects to your smartphone, I think that idea of what the user experience could be is pretty spot on. Then again, as I said above, I’m not the inventor of the iPhone, I can barely understand why the clocks change twice a year. 4. It won’t be a smartphone (Image credit: Daniel Romero / Unsplash) OpenAI plans to ship over 100 million units of this device that Altman hopes is the beginning of a “family of devices.” He sees Ive’s hardware credentials at Apple as a blueprint towards creating a successful new genre of product that captures the AI hardware market. If the previous entries hadn’t made it somewhat clear, this ChatGPT-powered device will not be a smartphone. Whether that means it won’t be a smartphone, yet, and io could work on a device to compete with the iPhone and Android smartphones in the future, we don’t know. But the first product that comes out of this company will not try to compete with Apple’s best-selling device. 5. No one knows, and that’s exciting Listen, I know the marketing video was as cheesy as it comes. I know, we’ve been burned by tech companies time and time again. Heck, even Apple, with its fantastic track record, was unable to ship Apple Intelligence like it promised. That said, there’s something incredibly exciting about the promise of innovation. Obviously, just because Jony Ive is working on a product doesn’t confirm a good one. I’ll die on a hill saying the iPhone 5C sucked. However, you’ve got one of the most powerful companies in the world, which is creating, love it or hate it, the most impressive software we’ve ever seen, and it’s teaming up with the man who designed the biggest consumer tech innovation of the 21st century. Whether io’s product itself is a success or not is anyone’s guess, but the prospect of a new way of interacting with technology and AI is something that’s definitely got me interested. io’s first product is expected to launch in 2026, who knows how far AI will have come by then. You might also like Source link #Sam #Altman #Jony #Ives #mysterious #AIpowered #computer #OpenAIs #magnum #opus #clues #hint Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Trump's DOJ to halt police reform deals in Louisville, Minneapolis – Axios Trump's DOJ to halt police reform deals in Louisville, Minneapolis – Axios Trump’s DOJ to halt police reform deals in Louisville, Minneapolis AxiosJustice Dept. to End Oversight of Local Police Accused of Abuses The New York TimesCritics deride DOJ plans to drop police reform efforts as harmful political theater USA Today’We’re doing it anyway’: Minneapolis city leaders react to motion to dismiss federal consent decree 5 EYEWITNESS NEWSTrump administration to scrap police reform measures in some US cities BBC Source link #Trump039s #DOJ #halt #police #reform #deals #Louisville #Minneapolis #Axios Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Anything Can Be A Stream Deck, Elgato Says Anything Can Be A Stream Deck, Elgato Says Elgato is introducing Stream Deck modules, the MK.2 Stream Deck, and new Virtual Stream Deck software. The Elgato Stream Deck, as the name suggests, was initially aimed at streamers as a way to quickly do things like manipulate on-screen stream elements without having to interrupt your stream by going to a separate app. Instead, a number of programmable buttons on the interface can be bound to certain apps, keybinds, and commands to achieve quick results, such as changing stream scenes or sending your audience to another creator’s stream in a raid. It turns out, though, that there are lots of uses for such an idea. Elgato’s developer-friendly platform has long supported letting anyone do just about anything with a Stream Deck, but now it is looking to blow out that experience in a big way with its newest showings at Computex, the annual computing convention held in Taipei, Taiwan. $150 The Stream Deck Module is a case of a company listening to its users and responding. Hobbyists have been ripping apart Stream Decks to use the buttons and front panel as parts of ******* projects, and the Module is for exactly those users. Available in 6-, 15-, and 32-key variants and housed in an aluminum casing, these unbranded panels are intended to be integrated into those projects. The Module will be available for $49.99 for the six-key variant, $129.99 for the 15-key model, and $199.99 for 32-keys. Alongside the Modules, a $79.99 Stream Deck network dock will allow you to plug a Stream Deck in anywhere you have a network port, further opening the possibilities for use in things like smart home setups and other projects. The MK.2 Stream Deck, available for $149.99, pushes things forward in a different way. If you’ve ever owned a Stream Deck–I use my six-key Stream Deck to control Spotify and switch audio devices–you know the keys can be kind of mushy. Since they’re not meant to be used for typing, that’s not so bad, but it can be hard to tell if you’ve actuated one of those keys. The MK.2 swaps out the membrane beneath the current Stream Deck keys with scissor switches, which can be commonly found on laptop and other similarly low-profile keyboards. Elgato says this will provide “enhanced speed and precision,” and “lends itself to typing-style interactions” that could pave the way for new Stream Deck use cases. Remember the Optimus Keyboard, that striking keyboard that featured a screen on every key? It’s not hard to imagine scissor switches allowing Elgato to move in the direction of making a full keyboard. Finally, Elgato is bringing a software-only Stream Deck app to market for desktop systems. It’s similar to the existing Stream Deck mobile app, which allows you to turn your phone or tablet into a soft Stream Deck. The software will be available at first to anyone with a physical Stream Deck, and will be bundled with the Corsair Scimitar Elite Wireless SE mouse and Corsair Xenon Edge touchscreen–the Stream Deck 7.0 beta requires that you connect one of those devices for the VSD feature to be available. Notably, though, unlike its mobile equivalent, things like custom layouts and virtual faceplates won’t be locked behind a paid subscription. Elgato says that the VSD software will be available with a greater range of hardware over time. We’re also quite sure that no one is going to figure out a way to simulate owning a Stream Deck to make the software usable by anyone. No way at all. Source link #Stream #Deck #Elgato Pelican News View the full article at [Hidden Content]

Trump tax bill clears the House in a victory for Republicans, advances to Senate Trump tax bill clears the House in a victory for Republicans, advances to Senate The early morning vote along party lines came after 48 hours of furious negotiations to win over warring factions in the Republican conference. Source link #Trump #tax #bill #clears #House #victory #Republicans #advances #Senate Pelican News View the full article at [Hidden Content]

MARK RILEY: There’s still a huge unsolved problem for the Nationals MARK RILEY: There’s still a huge unsolved problem for the Nationals Some Liberals call it a threatening letter. Others see it as thinly disguised hate mail. The Nationals say it is simply a letter of concern. But Bridget McKenzie’s terse note to Liberal Senate leader Michaelia Cash eight days before the Nationals blew up the Coalition is now seen as something of a smoking gun. It explodes David Littleproud’s constant assertions that this was all about principle. It now appears it was also personal. It started with Jacinta Nampijinpa Price’s defection to the Liberals and escalated quickly from there. Littleproud orchestrated a game of chicken with Sussan Ley. He presented her with a take-it-or-leave-it ultimatum on policy he knew would place her in an invidious position with her party room. And it seems it has worked. The Liberals have blinked. Just before Littleproud and Ley were about to drive the final nail into the split yesterday by announcing their independent shadow ministerial teams, Ley brought the situation back from the brink. She agreed to a special Liberal party room meeting to consider buckling to the Nationals’ demands to excise four key policies from her post-election review. That has put the Coalition split on hold. It was the sensible decision in a week of crazy actions. The bitter infighting looked silly from the outset and was getting uglier the longer it continued. Each side was accusing the other of lying about commitments made or not made in the meeting between Littleproud and Ley on Tuesday that preceded the decision to dissolve the Coalition. Now it seems there’s a chance the Coalition might be put back together by the end of next week — if the Liberals agree to endorse the Nationals’ policy demands. But at what cost? And what was the point of blowing the partnership up in the first place? McKenzie’s letter, leaked to the media yesterday, provides some insight into that. She sent it to Cash on Monday, May 12, eight days before Littleproud announced the Nationals were leaving the Coalition. But more importantly, it was just four days after Jacinta Nampijinpa Price had announced she was leaving the Nationals to join the Liberals in a failed attempt to seek that party’s deputy leadership. And that was the real catalyst for what transpired this week and what had left McKenzie so hot under the collar. “As a result of (Price’s) defection, together with the severe drop in Liberal Party vote in New South Wales, from 1 July 2025 the Nationals will hold only four seats in the Senate,” McKenzie wrote. This is important. Holding only four seats robs the Nationals of official party status in the Senate. Under parliamentary rules, no group without party status can be “part of the Government or the Opposition”. McKenzie’s accusation was clear. Price’s defection had stolen the “party” away from the National Party. And it was the Liberals’ fault. McKenzie warned darkly that “losing party status in the Senate would have significant implications for the Nationals Senate team as well as the wider Coalition”. And then came the real kicker: “The Nationals Senate party room will need to consider our position with respect to sitting with the Liberal Party as a Coalition in the Senate chamber.” Camera IconNationals Leader David Littleproud, Nationals Deputy Leader Kevin Hogan and Nationals Senate Leader Bridget McKenzie speak to the media during a press conference at Parliament House in Canberra. Credit: LUKAS COCH/AAPIMAGE And there it is — conclusive evidence that the Nationals were threatening to walk away from the Coalition at least a week before David Littleproud announced that it would. Those four policies the Nationals are demanding agreement on include maintaining a commitment to nuclear energy. The Nationals also want agreement on powers to break up the big supermarkets as a last resort, a $20 billion future fund for regional projects and a universal service obligation to guarantee mobile phone coverage in the bush. All four were official policy at the election. Sussan Ley’s announcement of a wholesale policy review effectively put them into limbo for the time being. The Liberals’ special party room meeting will now decide whether to leave those out of the review in order to put the Coalition back together. A potentially explosive bust-up over shadow cabinet solidarity was settled on Thursday, when Littleproud declared publicly that he was happy with Ley’s insistence that Nationals would not vote against decisions taken by the frontbench team. But one big problem remains unresolved. The Nationals still face losing party status and the ability to sit as part of an official opposition unless they attract one more senator to their side before the new Senate begins on July 1. But who is going to volunteer? Would Jacinta Price be welcomed back? Would any Liberal senator agree to become a National? Can they poach someone from the crossbench? McKenzie’s letter has highlighted this diabolical problem. But it hasn’t solved it. Yet. Source link #MARK #RILEY #huge #unsolved #problem #Nationals Pelican News View the full article at [Hidden Content]

Royal Kludge highlights new mechanical keyboards at Computex 2025, available in 60% to 96% layouts Royal Kludge highlights new mechanical keyboards at Computex 2025, available in 60% to 96% layouts Tom’s Hardware dropped by Royal Kludge’s booth at Computex 2025, where our team explored all the layouts and designs the mechanical keyboard specialist has to offer. We’ve seen several models on display, ranging from a near-full 96% layout to the most compact 60% keyboard. So, whether you like a compact design that gives you a lot of space to move your mouse or prefer the functionality of a Num pad and extra function keys, there’s a suitable RK keyboard for you. Some of the smallest keyboards on display include a 60% keyboard, which drops all the extra keys (including the function and arrow keys) and only leaves you with the alphanumeric keys. But the keyboard on display replaces the stock keycaps with a unique swirl design, making it an excellent addition to any minimalist workstation. The corresponding keys are still printed on the south side of the keycap, though, so you won’t get lost when typing. (Image credit: Tom’s Hardware) There’s also a 65% keyboard, which is similar to the 60%, but gives you back your arrow and some control keys. The one on display looks like the RK68, but the case includes a built-in strap, making it easy to carry around with you. This makes it the perfect companion for those who love going to LAN parties, as it’s easy to lug around. It also has a unique purple and white theme, making it stand out from the usual all-****** or all-white keyboard builds. You may like (Image credit: Tom’s Hardware) We get several more options if we move up one size to 75%, ranging from slim, low-profile builds to models with five extra macro keys, a volume control knob, and even an LCD screen. As usual, you get a myriad of color options — from the usual monochromatic light or dark keys to retro-style beige, red, and brown combinations. Speaking of keycaps, RK also has a unique keycap design on display in a frame. This may not be for everyone, but if you’re tired of the usual plain letters on your keyboard, this will definitely catch your attention. Image 1 of 6 (Image credit: Tom’s Hardware) (Image credit: Tom’s Hardware) (Image credit: Tom’s Hardware) (Image credit: Tom’s Hardware) (Image credit: Tom’s Hardware) (Image credit: Tom’s Hardware) The biggest keyboard we’ve seen is a 96% layout that smushes the Num pad closer to the main alphanumeric keys. You lose some keys, like Scroll Lock, Pause, Print Screen, and Insert, while some keys become smaller with this design. However, you still mostly retain the full functionality of a full-size keyboard and get a few more inches of space on your desk. It also has a large LCD screen on the upper right corner next to the volume control knob, showing you different information. (Image credit: Tom’s Hardware) Most of the keyboards we’ve seen are tri-mode wireless models that connect via 2.4G, Bluetooth, or the included cable, giving you the utmost flexibility for your workstation. And with all the options available, you’re definitely bound to find an RK model that will suit your tastes and needs. Follow Tom’s Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button. Get Tom’s Hardware’s best news and in-depth reviews, straight to your inbox. Source link #Royal #Kludge #highlights #mechanical #keyboards #Computex #layouts Pelican News View the full article at [Hidden Content]

Will Trump’s Spending Bill Eliminate Taxes on Social Security Benefits? Will Trump’s Spending Bill Eliminate Taxes on Social Security Benefits? President Trump’s spending and tax plan, which is officially titled “one, big, beautiful bill,” was recently released. This gave Americans key details about how Trump plans to not only extend the tax cuts passed during his first term but to give middle-class Americans and seniors additional tax relief. The bill is nearly 400 pages long, so I can’t discuss everything here. But one of the key tax breaks the president campaigned on was the elimination of taxes on tips, overtime, and Social Security. And while the first two are in the bill, making Social Security income exempt from taxes doesn’t appear to be part of the plan. However, there’s another major tax break included for seniors that wasn’t expected, and it could potentially be even more lucrative for some Americans. Here’s what we know (and what we don’t know) about the proposal. Image source: Getty Images. As mentioned, Social Security benefits can still be considered taxable income under the proposed bill. Under current law, as much as 85% of Social Security income can be taxable, depending on income. Specifically, Social Security taxation depends on your combined income, which consists of your adjusted gross income (AGI), any non-taxable interest income, and half of Social Security benefits. The combined income rules for taxation of Social Security benefits are as follows: If your combined income is below $25,000 ($32,000 for married couples filing jointly), none of your Social Security benefits are taxable. If combined income is between $25,000 and $34,000 ($32,000 to $44,000 for couples), up to 50% of your Social Security can be taxable. If combined income is above $34,000 ($44,000 for couples), up to 85% of your Social Security is taxable. It’s also worth noting that these figures are not adjusted for inflation each year and have been in place for many years, so more beneficiaries have found their Social Security subject to taxation over time. Keep in mind that just because some of your Social Security benefits are included in taxable income doesn’t mean that you’ll actually end up paying taxes on them. It depends on the deductions and tax credits that apply to you and your family. According to the Social Security Administration (SSA), about 40% of Social Security recipients pay some federal income tax on their benefits. Story Continues Under Trump’s proposal, there’s a $4,000 additional standard deduction available for senior citizens (which is defined as 65 or older). This is per person, so married couples filing jointly would get an $8,000 boost to their standard deduction. This tax break is intended for low-to-moderate income retirees and would start to phase out at modified adjusted gross-income levels above $75,000, or $150,000 for married couples. And this is in addition to a temporary increase to the standard deduction for all Americans that is included in the bill. There are three important things for taxpayers to know about this plan. First, as the bill is currently written, the additional standard deduction could be far more lucrative for many seniors than the elimination of taxes on Social Security benefits. This is especially true for lower-income retirees who rely on Social Security for most of their income. To be perfectly clear, a higher standard deduction favors lower-income retirees, while eliminating taxes on Social Security benefits would disproportionately help those with higher incomes. Second, this is certainly a more fiscally responsible avenue to give seniors a tax break when it comes to the health of the Social Security program. Taxes on the benefits of certain retirees is a major funding source for Social Security (it brought in about $50 billion last year). Social Security is currently running a deficit and is expected to run out of money in 2034 if nothing is done, so removing one of its funding sources would likely make this happen even sooner. Third, and perhaps most importantly, Trump’s spending bill is a long way from the finish line and will likely look much different by the time it is signed into law. So, there’s no guarantee that the higher standard deduction will make it into the final version or what tax breaks for seniors will ultimately go into effect. If you’re like most Americans, you’re a few years (or more) behind on your retirement savings. But a handful of little-known “Social Security secrets” could help ensure a boost in your retirement income. One easy trick could pay you as much as $22,924 more… each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we’re all after. Join Stock Advisor to learn more about these strategies. View the “Social Security secrets” » The Motley Fool has a disclosure policy. Will Trump’s Spending Bill Eliminate Taxes on Social Security Benefits? was originally published by The Motley Fool Source link #Trumps #Spending #Bill #Eliminate #Taxes #Social #Security #Benefits Pelican News View the full article at [Hidden Content]

Amazon Begins Testing AI-Powered Audio Product Summaries Feature on Its Platform Amazon Begins Testing AI-Powered Audio Product Summaries Feature on Its Platform Amazon is testing a new artificial intelligence (AI) feature designed to make users’ shopping experience more convenient. Dubbed audio product summaries, the AI-powered feature lets users listen to a short highlight about the product. The Seattle-based e-commerce giant said the audio clip has two or more AI-generated shopping experts discuss various aspects of the product to help users understand if it is the right choice for them or not. Currently, Amazon is testing the feature on a select few products, and it is available to a subset of users in the US. In a newsroom post, the tech giant detailed the new AI feature that’s in testing. The audio product summaries are short-form audio clips which are available on the product detail page. These audio clips feature multiple AI-generated shopping experts who talk about product details, customer reviews, as well as technical information about the product sourced from the web. Amazon says these audio highlights will eliminate the need to go through the entire product detail page or to make separate web searches to learn about the product. Since the audio format is designed as a discussion, the company believes the listening experience will also be “fun and convenient.” Behind the scenes, the feature leverages large language models (LLMs) to generate scripts for the audio highlights. The script is written by sourcing information from the web, product catalogue, and customer reviews. Then, an AI text-to-speech (TTS) tool translates the script into audio discussion. Notably, the company did not mention which AI models were being used for this feature. Those with access to the audio product summaries feature can open the Amazon app and click on a product to enter the detail page. Underneath the product image, users will see a new button labelled “Hear the highlights,” if an audio summary is available. Users can play the clip to learn more about the product and to make up their minds on whether to buy it or not. Eligible users can currently find audio product summaries on these products: Ninja Blender, OSEA Undaria Algae Body Oil, Rain Showers Splash Pond Toddler Water Table, and SHOKZ OpenRun Pro – Open-Ear Bluetooth Bone Conduction Sport Headphones. Source link #Amazon #Begins #Testing #AIPowered #Audio #Product #Summaries #Feature #Platform Pelican News View the full article at [Hidden Content]

Kennedy and Trump to Reveal ‘Make America Healthy Again’ Report – The New York Times Kennedy and Trump to Reveal ‘Make America Healthy Again’ Report – The New York Times Kennedy and Trump to Reveal ‘Make America Healthy Again’ Report The New York TimesRFK Jr.’s ‘Make America Healthy Again’ report worries farmers, Republicans ahead of release AP NewsRFK Jr.’s big report is coming. The GOP’s farm and food allies are sweating. PoliticoMajor US Agriculture Groups Comment on Pending MAHA Report Morning Ag ClipsRFK Jr’s MAHA commission report to spotlight toxins in food USA Today Source link #Kennedy #Trump #Reveal #America #Healthy #Report #York #Times Pelican News View the full article at [Hidden Content]

The Victorian scam artist who tried to dupe the islanders of Skye The Victorian scam artist who tried to dupe the islanders of Skye Steven McKenzie BBC Scotland Highlands and Islands reporter West Midlands Police Museum/Ancestry Annie Gordon Baillie spent several years in prison Hiding her true identity behind more than 40 aliases, **** artist Annie Gordon Baillie made a living swindling shopkeepers across Victorian Britain. But in the 1880s, the Scottish fraudster took her criminal activities to a new level. She arrived on Skye during the Crofters’ War, a violent clash between tenant farmers and landowners over land rights. Posing as an aristocratic novelist, she saw an opportunity to make a fortune – by convincing 1,000 islanders to relocate to a patch of *********** swamp. Annie’s story is told in a new series of BBC Radio 4’s Lady Swindlers with Lucy Worsley. The episode draws on newspaper articles, court reports and a book called The Adventures of a Victorian **** Woman: The Life and Crimes of Mrs Gordon Baillie by Mick Davis and David Lassman. Annie was born into poverty in Peterhead, a fishing port in Aberdeenshire, in February 1848. By her 20s, she was defrauding shopkeepers and running up credit for goods she had no intention of paying for. In the 1870s, Annie became more ambitious and set up a fake charity to establish a Protestant school for girls in Rome – a heartland of the Catholic faith. Donations poured in but the school was never built. “The law catches up with her briefly in 1872 and she spends nine months in prison for fraud,” said historian Worsley. Fife Herald/Wikimedia Her crimes were reported in newspapers including the Fife Herald Following her release from prison, Annie had a whirlwind few years. She married an opera singer and the couple had three children. The family spent some time in New York. But in November 1884, she turned up on the Isle of Skye “wearing fancy clothes and jewels,” according to Worsley. “She passes herself off as a wealthy literary lady, who is writing a novel about the plight of the crofters of Skye,” she added. Skye, along with other west coast island communities, was in the grip of the Crofters’ War. Waged throughout much of the 1800s, it was a dispute between landowners and communities of tenant farmers distressed by high rents, their lack of rights to land, and eviction threats to make way for large-scale farming operations. The process of moving families out of inland areas where they had raised cattle for generations to coastal fringes of large estates, or abroad to territories in Canada, had started with the Highland Clearances in the 18th and early 19th Centuries. Both the clearances and the Crofters’ War were marked by violent clashes between people facing eviction and landowners and the authorities. Getty Images Communities across Scotland’s west coast were caught up in The Crofters’ War, a dispute over land rights One of the bloodiest incidents was the Battle of the Braes on Skye in 1882. After being attacked with stones by a crowd of men and women, about 50 police officers from Glasgow baton-charged the mob. The unrest spread to Glendale in Skye and in 1883 the frustrated authorities called for military intervention to help round up the ring-leaders. In early 1883, the iron-hulled Royal Navy gunboat Jackal appeared in Loch Pooltiel, off Glendale. Marines disembarked from the Jackal and landed at Glendale’s Meanish Pier to help police in making arrests. Newspapers sent reporters to cover the dispute’s twists and turns, so Annie was well versed on the “war”, and any opportunity to benefit for it. Philanthropy was all the rage among wealthy Victorians, and Annie tapped into that. Posing as a “lady novelist”, she told Skye’s crofters she would fundraise for their cause. Getty Images There were violent clashes between islanders and the authorities during the Crofters’ War Annie did an interview on her “charity work” with the Aberdeen Evening News, turning up at a hotel in Portree in a striking crimson dressing gown and fingers adorned with jewelled rings. Scottish historical and crime writer Denise Mina said the disguise distracted people from what Annie was really up to. “She had a great eye for an emotive cause,” Mina said. “Physically, how would I describe her? She’s very pretty, very petite and always well turned out.” But Mina added: “She is taking money from crofters who are just about to go to war because they have been run off their land and burned out of their homes. “She is going to raise money and leg it with the dosh. “It is quite spiteful what she is doing, but it is all wrapped up in this lady façade.” Annie’s scam took a bizarre turn when she suggested the islanders quit Skye and emigrate to Australia. She even travelled out to Australia to negotiate a deal for land as a new home. In Melbourne, she was shown an unwanted area of marshy ground. Annie said 1,000 crofters could relocate there, and give up farming and become fishermen instead. But Mina said: “The whole point is the crofters don’t want to leave – that’s the whole dispute.” The deal collapsed and Annie returned to London where more trouble awaited her. Ian Mann Historian Lucy Worsley examines Annie’s past in series two of Lady Swindlers Publicity around her scheme had caught the attention of a Scotland Yard detective – Det Insp Henry Marshall – who had long been on the trail of Annie and her shopkeeper frauds across London. She was arrested in 1888, leaving crofters on Skye still waiting for their “golden ticket” to a new life in Australia. Annie was later jailed for five years for swindling the shopkeepers. The money involved in the frauds was believed to be far less than the true amount of Annie’s ill-gotten gains over the years. After her release, she was soon back in jail – this time for stealing paintings. Once released from prison, she emigrated to New York where in 1902 there is a record of her being placed in a workhouse as punishment for vagrancy. And then she vanishes without a trace. Lady Swindlers’ in-house historian, Prof Rosalind Crone, said Annie’s story exposed the “dark side” of charitable giving in Victorian times. “It wasn’t always about helping the unfortunate or supporting worthwhile causes,” she added. For crofters, the war led to a public inquiry and eventually legislation that protected their land rights – and hopefully any chance of ever being scammed by phoney lady novelists again. Source link #Victorian #scam #artist #dupe #islanders #Skye Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Some bread and baby food reach Gazans as blockade eases Some bread and baby food reach Gazans as blockade eases Flour and other food aid will start reaching some of Gaza’s most vulnerable people after Israel let some trucks through, but nowhere near enough to make up for shortages caused by an 11-week blockade, ************ officials say. Israel said it allowed 100 trucks also carrying baby food and medical equipment into the enclave on Wednesday, two days after announcing its first relaxation of the restrictions under mounting international pressure. Israel imposed the blockade on all supplies in March, saying ****** was seizing deliveries for its fighters – a charge the group denies. The UN said a quarter of Gaza’s 2.3 million people were at risk of famine. “Some bakeries will begin receiving flour to produce bread, and we expect the distribution of bread to begin later today,” Amjad al-Shawa, director of the ************ Non-Governmental Organisations Network in Gaza, told Reuters. He said just 90 trucks had got through. “During the ceasefire, 600 trucks used to enter every day, which means that the current quantity is a drop in the ocean, nothing,” he said. Bakeries backed the UN’s World Food Programme would produce the bread and the agency’s staff would hand it out – a more controlled system than previously when bakers sold it directly to the public at a low cost, he said. “The idea is to try and reach the most needy families, those who are desperate, as it is just the start,” Shawa said. As the first aid arrived since the blockade, Israeli military strikes on Gaza killed at least 35 Palestinians across the enclave on Thursday, local health authorities said. There was no immediate comment from the Israeli military on the reports. It has repeatedly said it seeks to avoid civilian casualties and targets militants. In Beit Lahiya on the northern edge of the enclave, a tank shell hit a medicine warehouse inside Al-Awda Hospital and set it ablaze, the health ministry said. Rescue workers had been trying to extinguish the fires for hours, it said. Tanks are stationed outside the hospital, medics say, effectively blocking access to the facility. The Gaza healthcare system has been barely functioning, with most of the medical facilities out of order, because of repeated Israeli military strikes, raids and the ban on the entry of medical supplies. Prime Minister Benjamin Netanyahu said on Wednesday Israel would be open to a temporary ceasefire to enable the return of hostages taken by ******-led fighters. But if they were not returned, he said it would press ahead with a military campaign to gain total control of Gaza. “Netanyahu continues to stall and insist on pursuing the war,” senior ****** official Sami Ab Zuhri said in response to Netanyahu’s comments. “There is no value to any agreement that doesn’t stop the massacres in Gaza permanently.” Israel launched its campaign in Gaza in response to the ****** attack on October 7, 2023, which killed some 1200 people by Israeli tallies and saw 251 hostages abducted into Gaza. The campaign has since killed more than 53,600 Palestinians, according to Gaza health authorities, and devastated the coastal strip, where aid groups say signs of severe malnutrition are widespread. Source link #bread #baby #food #reach #Gazans #blockade #eases Pelican News View the full article at [Hidden Content]

Kioxia demos optical SSD, boasts of high performance and 30m+ cabling Kioxia demos optical SSD, boasts of high performance and 30m+ cabling Kioxia showed off its latest optical SSD technology at Computex 2025. According to the storage giant, this new solution offers several key advantages over conventional electrically connected SDDs. The most important benefit we saw was the ability to offer the same performance as a conventional SSD even if connected via optical cabling 30m long (or more). Kyocera was Kioxia’s partner in this demo, as the system used featured one of its Optinity PCIe cards. Image 1 of 4 (Image credit: Future) (Image credit: Future) (Image credit: Future) (Image credit: Future) Normally, a demo like this might yield eye-popping performance numbers. However, Kioxia showed its prototype running at the same performance as a conventional rival in terms of IOPS and bandwidth. The special sauce here is all about the impressively extended reach, with cabling of up to 30m and beyond not impacting the SSD performance. Moreover, Kioxia stated that its slim and flexible connectors and cables were an advantage of its optical SSDs. Last but not least, these connections also offer “better signal integrity” over conventional electrical wiring, which can shrug off “challenging environments,” according to Kioxia. You may like (Image credit: Future) If you look at the demo hardware, you may naturally question the assertion about slim and flexible connectors and cables. Kioxia told us that the large PCB you see attached to the CM7 Enterprise SSD will actually be miniaturized and shrunk to fit within the SSD shell. That seems like quite a feat considering the board is perhaps 150% the size of the CM7 Enterprise SSD at this time. Image 1 of 4 (Image credit: Future) (Image credit: Future) (Image credit: Future) (Image credit: Future) As mentioned in the intro, Kyocera was Kioxia’s partner in this demo. The system pictured featured one of Kyocera’s Optinity PCIe cards, delivering optical connectivity over PCIe Gen5. This solution targets high-performance servers, and in one of the slides, you can see not just flash storage, but also DRAM being utilized via optical cabling of 30m in length. Another slide indicates that Optinity can handle up to 512 Gbps bandwidth. We also heard from a representative at the Kioxia booth that the above-quoted 30m optical connection length wasn’t a hard limit. If a system maker used higher-grade, thicker optical cabling, this distance could be extended. Previously, we reported on Kioxia testing optical connections of 40m or so. Follow Tom’s Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button. Get Tom’s Hardware’s best news and in-depth reviews, straight to your inbox. Source link #Kioxia #demos #optical #SSD #boasts #high #performance #30m #cabling Pelican News View the full article at [Hidden Content]

This investor is doubling down on AI and real estate This investor is doubling down on AI and real estate 0:04 spk_0 Welcome to Stocks and Translation Broadcasting from the New York Stock Exchange. I’m Jared Blickery, your host, and with me as always is the voice of the people, Sydney Freed. First, please like, subscribe, and comment on stocks and Translation on Spotify, Apple Music, Amazon, or YouTube, and today we are welcoming back Tom Hayes. He is the chairman and manager of Great Hill Capital. He is a veteran value investor with over 2.Decades of experience spotting market turnarounds in tech, banks, energy, and now housing, and today we’re going to be talking about the great value renaissance, a phrase coined many moons and shows ago. Our word of the day is moat, designed to keep out invading armies, and today they repel competitors. So which castle is Tom investing in? And this episode is brought to you by the number.7.5 as in years. That’s how long Realtor.com says it will take America to build enough homes to finally close the housing gap and fix the housing shortage. And Tom has some stock picks to potentially make it worth your while. So before we dig in, Tom, let’s talk about the most recent market action. You’re a value investor. You like the booms and the busts, and we just had one.What are you swimming in 1:10 spk_1 here? I call it the big beautiful dislocation. You had, uh, $1.2 trillion of forced sales in the hole from hedge funds and CTAs at the beginning of April. And then President Trump put out his tweet, now is a good time to buy stocks in the markets. And did you, uh, not only did we, we were buying, we did a conference call for our clients the day before because people are really worried, right? There, it looked like there was no, and we went company by company. We went through balance sheet. We went through, uh, income statement.We went through free cash flow, and what we saw invariably was all these metrics are going up. What’s going down the price based on based on the short term noise. Long term, they’ve got the moats in the business. Even if the worst case tariff scenario came to pass, these would be the biggest players, and they’d pick up share from the smaller players that were hit the hardest. And that’s why a moat is so critical. You know, 2:00 spk_0 this leads to our word of the day. Thank you for that time. Perfect segue. A moat is a long lasting competitive event.So, so think of castle moat, like a safeguard to a firm’s profits. So Warren Buffett hunts these kinds of corporate defenses, and we have a few Oracle quotes now to set the mood here. In 1991, he gave a lecture in front of Notre Dame and he said the most important thing in evaluating businesses is figuring out how big the moat is around the business and what you love is big capital and a big moat. So is that what we’re seeing here in some of the names that you’re looking at and who has it? 2:35 spk_1 There’s no question.I mean, sometimes you have, uh, a monopolistic moat like Boeing has a duopoly with Airbus. That was not a hard one to figure out. It dropped down to $129 in the most recent sell-off. Uh, it’s very simple. If you want to go to Airbus, that’s fine. You just have to wait 20 years for your next plane, so that’s an easy one. Then you have brand moats like Buffett invested a lot in Coca-Cola in 1989, 1990. Uh, now his dividends each year are ******* than his original basis because they keep increasing the dividends. It has a brand.It has the distribution mode. So we look for businesses like that, uh, and, and brand modes, and we’re gonna talk about a few, few names like the Stanley’s, like the DeWalts, like, uh, some of those companies in the housing sector that, um, people have been using these tools for generations upon generations, and they’re not gonna go to the second best because they don’t last, uh, and they don’t have that same type of brand, uh, credibility. 3:26 spk_2 So it sortof sounds like if you have a popular brand or it’s a popular company, you have a mode, but that doesn’t feel right.Like, does any famous stock have a moat or no? That’s not how it works. 3:39 spk_1 Well, I look, Apple, I was gonna say Apple Apple has a brand mode. It has an ecosystem mode. It kind of built that monopolistic app store which they continue to, to throw arrows, and he continues to create relationships with administrations and the arrows keep hitting the wall. Uh, that’s protecting the moat, and Tim Cook has done an incredible job at protecting that moat. Procter and Gamble for years had moats around.Tide that’s been kind of diluted a little bit with the Kirklands of the world, etc. so you have to constantly be on top of the moat. You have to constantly analyze the moat, but, uh, but the key is to start with a business that has a moat because if the moat is there, you’re marginous and you buy it at the right time. If the moat is there, uh, you can, you can make it through tougher times, the cyclical downturns, and you come out stronger because in cyclical downturns, the smaller players with the weaker moats go out of business and you pick up share. 4:31 spk_0 I want to get back to a name you mentioned a couple of minutes ago, Stanley ****** and Decker, because this hit my list Monday morning. We had, and we’re taping this the week after the latest tariff detente, and, um, that morning I was looking free market at all the companies in the S&P 500 who was leading. Stanley’s at the top of the list. It was like 12, 15%. I hadn’t looked at this stock in years. What’sgoing on there? 4:52 spk_1 Uh, they have an absolute moat and they’re highly correlated to the home building industry, OK? So they have DeWalt.OK, they have Stanley, they have craftsmen, they have ****** and Decker. So if you think about construction, if you think about projects, if you think about lower interest rates, which spurs the, the former, uh, uh, it’s a huge leverage play on the recovery of construction, which is gonna come in the back half of the year and that’s the back half of the show and the back half of the show. Uh, one of, you know, everyone’s focused on the Fed. uh, what they need to be focused on is what Besson is going to do.Uh, with capital requirements with banks, the SLR, so he’s going to, and 5:35 spk_0 the SLR asa liquidity rate, 5:38 spk_1 exactly. So what the case they’re making is government backstop securities, i.e., treasuries, mortgage backed securities, shouldn’t be counted differently because there’s no credit risk. And if they agree to that, which is common sense because if there becomes credit risk, then we got a lot more to worry about than bank capital ratios, um.That will enable banks to hold a lot more, and they’re going to hold a ton on the short end of the curve which the Treasury then can then use those proceeds if you remember 2012. I know Sydney’s 6:07 spk_0 not old. I mean this goes back to Basil. That’s what I mean, doesn’t this remind you of Basil? No, it reminds me of Basel 3. All right, we’re on the samepage. So, 6:15 spk_1 so they can use those short term proceeds, uh, to reinvest on the long end of the curve, which is expected to bring 10 year treasuries down 30 to 70 basis points, which means a 30 year.Fixed for the for the woman on the street, 30 year fixed rate below 6%. When that happens, ***** times, ***** 6:31 spk_0 times. We know that President Trump wants lower mortgage rates and so part of that I’m asking, is that part of the Mar a Lago accords because there are more, there’s more to it than just that. There’s other countries buying US Century bonds, that’s 100 year bonds to bring down long term interest rates, but I hadn’t really, I hadn’t read that particular facet before, so that’s interesting. 6:51 spk_1 Yes, the Mar a Lago accord was predominantly.Uh, rumored in the first quarter of this year, which was a currency reset like you saw in Reagan’s second term. I, I don’t know that that’s fully on the table yet. Uh, it’s, it’s implicitly on the table because as China does a deal, so China knew the tariffs were coming. So what did they do ahead of time? They just devalued their currency by 20%.The tariffs were kind of in that same neighborhood and as the deal is set, part of the deal is going to be get your currency back to normal. That balance is out trade. So there, there’s implicit, will there be an explicit meeting where you have 8 parties together and they uniformly devalue the dollar Brent Woods exactly, um, uh, Plaza cord.Uh, the answer is we don’t know, but the trend of the dollar is right now you’re going to have a counter trend bounce because everyone was bullish on the dollar. Now that the dollar’s falling a lot, everyone’s bar, so you get a, get a counter trend bounce, but the trend, intermediate trend is down. That’s going to help earnings. That’s going to help all the things that we’re talking about here. 7:52 spk_2 Witheverything going on right now, we still don’t have, you know, a lot of solid trade deals. How are you thinking about theMarket in terms of, you know, companies with a moat, in terms of sectors, what do you like, uh, you know, we’re seeing stocks come back to where they were like a month ago before a lot of this happened. So what are you liking right now is we’re navigating this uncertainty. 8:16 spk_1 Yeah, I think if you look at equal weight versus weighted S&P, the valuation for equal weight is one standard deviation below its long-term average.which in English means it’s cheap, OK, on a multiple basis. 4. 493 is cheap. So you have to continue to look there for the Stanley ****** and Deckers, which are part of that 493. Uh, I think we’re going to talk about a couple other, uh, housing stocks as well. Um, there’s just a lot to do. The the companies that were most impacted by tariffs, which, by the way, was Boeing, uh, or the fear of the worst case, that’s where you’re going to find your biggest opportunity.I think the mag 7 will rebound a tradable rebound, but we can’t overlook the fact that their earnings power has decelerated from 33% down to 16% and maybe a little bit lower, and that’s part of the reason you’ve seen what they do because when you think about tariffs.Like how does that really affect Google when they’re not in China, you know, uh, and so on. So, so they’ve come down relative to their earnings power, the amount of capex that they have to spend to stay competitive, to keep share has impacted their earnings, has also crowded out their ability to buy back tons of stock, uh, whereas the 493 announced record buybacks in the first quarter in the face of all this uncertainty, $665 billion. 9:33 spk_0 Um, talk to me about China real quick before we go to break. We’ve talked about Alibaba in the the last time we were here, that is, you know, it came up, it came down, but it’s, it’s held on. What do you like about China now? 9:45 spk_1 Uh.What I like is that Xi, after enough of social unrest and 25% youth unemployment, got his act together about a year ago. Xi gets it. Xi Jinping got his act together, uh, has done massive stimulus. He’s now helping his country versus hurting his country, you know, soldering them in their apartments. That didn’t work, uh, and people got tired of it after 3 years. So, uh, you’re seeing global M2 money supply start.Hockey stick and a good portion of global M2 money supply is China’s new stimulus, which started in the last 12 months. He’s committed to taking the country to 70% consumption like the rest of the developed world. Uh, Alibaba’s got 40% of the e-commerce market. They are toll taker for domestic consumption, so they’re gonna benefit from that. They’re gonna benefit from being the number one player in AI. They have a piece of.All the AI startups because as the number one cloud provider, new startup comes in, they say, we need compute power. They say, no problem, I got you covered. I’ll give it to you for free. And we’ll, you’re gonna, you’re 10:50 spk_0 a piece of your business and a peek at yourbusiness too. 10:52 spk_1 We’re gonna take a peek and a piece, uh, we’re gonna get equity, so you have equity in all the ******** AI startups. Some are going to be 1000 bagers and some are gonna be zeros. Uh, Alibaba takes a piece. Alibaba takes a piece. It’s the granddaddy. It’s like the cas it’s like the casino.Owner versus the blackjack player, they get a piece of all the action on the retail, on the AI, and their models are outperforming open AI. The models are outperforming deep seek. The international e-commerce is growing at 40%. They got $80 billion of cash on their balance sheet. They’re generating $20 billion of free cash flow. What else do you want to know? 11:25 spk_0 As long as Jack Ma doesn’t get more greens, yeah, that’s bad. Um, oh, 11:29 spk_1 and by the way, and financial, the ******** tech crisis started with thePulling of the Financial IPO it was supposed to be the biggest IPO ever. It’s going to happen in the next 12 months, and we own 35% of that as owners of Alibaba. We own the stock shares in Hong Kong 9988. You can, uh, switch out your US shares if you’re worried about delisting. I think it’s a lot of noise, but as a fiduciary, I want to protect my investors. Uh, we, we still own derivatives in the US because we can’t replicate them in Hong Kong and we’re willing to assume that risk. 12:00 spk_2 Wait, how do you, um, how do you move shares from international to US listed? 12:05 spk_1 It depends on your, uh, custodian, but you can call them and they’ll just swap out because there’s no currency risk. It’s 8 to 1 peg to the dollar, so you’ll get 88 more shares per every 1 USADR, but it’s the effective same slice of the pie. 12:18 spk_0 All right, hold that thought. We need to take a short break, but coming up, we’re gonna be talking housing stocks again in a runway battle to turn heads as well as profits.This episode is brought to you by the number 7.5. That is the number of years that Realtor.com estimates it’s going to take America to build enough homes to fix the housing shortage. So it’s a big gap, Tom, and you say it’s a big opportunity, and I’m wondering how you’re screening for opportunities here. We already talked about Stanley and the mode and all that. What else you got? 12:54 spk_1 Well, look, when you had the gold rush, who made the most money? Was it the people looking at picks and shovels, right? Uh, in war, you don’t want to be.Betting on the warring factions, you want to be betting on the arms dealers. So that’s what we’re going to be doing with the housing sector. So the DH, uh, the, the Hortons, the, uh, the Pulte, the KB homes, all the home builders, it’s gonna be a race to the bottom because what’s going to take place, uh, is a couple of things. One, number one, we’re opening up federal land, OK? We’ve got hundreds of millions of acres. If we open up at like 1% of it, we’ll have enough land. It’s like a half a million.Uh, acres will be enough to, enough land to bridge the deficit of 13:34 spk_0 1% of the federally owned lands, which is a huge swath, 13:37 spk_1 which 13:37 spk_0 is 13:37 spk_1 a huge swath, OK. Uh, so we’re short 4 to 7 million houses like you said, it’s going to take 7.5 years to do that.Um, and effectively what you’re gonna see is a race, a race by the home builders. I don’t want to be in that race because once that happens, once supply picks up, it’s a pricing compression. But if you’re doing the builders, the tools for the builders, the Stanley ****** and Decker, the construction.The part suppliers like QXO I think we’re going to talk about or what goes outside now that you got the electrical grid down every single month or so in some of the hurricane ridden states and the demand on the power grid, which is an aging power grid, you need a generator and if you need a generator, the Kleenex of generators is called GenerX. 75% of the market. The game is just getting started there. So those are our three arms dealers for home building that’s to come in a.Massive scale in the next 3 to 5 years. Oh, and by the way, you got 72 million millennials, 45 million people between age 30 and 40 who need homes. Sydney knows she’s nodding in her head. 14:38 spk_2 Listen, it’s like there, it’s like it feels like the American dream is slowly slipping away in that sense. I, I have a question though, do you recommend in terms of these kind of tool companies that you go straight for these single stock names or you go to like an ETF so you’re just covering all your bases? 14:54 spk_1 My clients pay me to outperform, so I don’t go to. 14:57 spk_2 You’re not going to an ATF. It’s. 15:00 spk_1 I mean, you could, you could buy XHB and participate, uh, uh, in a beta sense, but if you want an alpha sense, you got to do some work and say, where am I going to get the most return for the same amount of money. And that’s what we try to do every single day when we get to work, and I love it. It’s like a treasure hunt every single day. 15:16 spk_0 Said WarrenBuffett. You mentioned a couple of names. What’s your favorite story of all the names that you’ve ticked through so far? Uh, 15:21 spk_1 my favorite jockey, I like to bet on.because I’m turnaround Tom, uh, is, uh, uh, Brad Jacobs. OK, if you got QXL, Brad Jacobs wrote a book called How to Make a Few Billion Dollars. It was a useful book because he actually made a few billion dollars. Um, if you got involved with him in 1997 when he invested in United Rentals, you made 79 times your money, so 1 million became $79. If you got involved when he put $150 million in XPO logistics in 2009.Uh, you made like 160 times your money. 1 million became 160 million. So now he’s going to do the home building supply sector. He started with Beacon roofing. Uh, this is a non-discretionary expense, Sydney. You’ll figure this out when you get your starter home on federal land with an endangered elk in your backyard free of charge. That when your roof leaks, you don’t think about should I buy it like you think about should I buy a pink iPhone orWhite iPhone, you just call the person and you say, fix it. I don’t like water in my living room. So Beacon Roofing is his first one. He paid 10 times IEDA, a little bit rich, but he’s gonna double EEA. Why? Because that’s what Brad Jacobs does. He brings in technology, he creates efficiencies, he doubles IIDA. That’s his platform company. Then he’s gonna roll up 10% of the industry. It’s an $800 billion industry. He’s gonna get $50 to $80 billion. How much you know? Uh, he’s got 10 billion.with Beacon, OK? And this was just announced. So he’s gonna do another 78X. The stock is probably gonna do another 10x, by the way, because it doesn’t account for the technology and the, the special magic that Brad Jacobs makes. He’s a moneymaker. This guy earns for his shareholders, and here’s the beauty. He put $150 million in QXO. He just put a billion dollars of his own money in QXL. So, in XBO we put, put $150 in this one he put a billion dollars.Uh, we think, you know, this is when you tuck away for 5 to 7 years you probably wind up with a 678 bagger from these levels. 17:15 spk_0 Kind of reminds me of Wayne Hezinga. Yeah, 3 he’s in the Fortune 500 over his lifetime, whichis substantial, 17:22 spk_1 and they were roll-ups, by the way. And, and by the way, when surprised me. I’m, I’m trying to get Brad on my podcast, uh, if, uh, if that was a model, uh, it’s called Hedge Fund Tips with Tom Hayes. It’s number one in the hedge fund category, which isn’t a narrow niche, but we’ve been doing it for 5 years and people.Seem to like it. Tom, 17:39 spk_2 I need, I need an invitation over 17:41 spk_1 here. Oh, you can come any time you want. 17:43 spk_0 Yeah, come on hedge 17:44 spk_2 funds. I have a, I have a different question for you. Are you invested in REITs? And I’m going to define that for anyone who doesn’t know. REITs are real estate investment trusts, companies that own, operate, or finance income producing real estate. 17:58 spk_1 Yes, we own one. It’s called Crown Castle. They’re one of the biggest, uh, owners of cell phone towers. They just sold off their fiber business. They got.Uh, billions of dollars for that. They use that to pay down debt. They have the legacy 40,000 towers that are just cash machines basically require no, no, uh, maintenance. It’s like owning an ATM every time someone uses it, you make a fee. It’s the exact same thing with these towers. So now it’s just gonna be a cash machine. They’ll buy back shares. They’ll buy more legacy type towers, and, uh, and these tend to be interest rate sensitive. So when rates come down, as we said, that’s gonna work his magic the second half, rates will go up. Crown Castle will be a beneficiary as far.There’s real estate rates. Uh, there are none at attractive enough levels at this juncture. We, we were big buyers of Vornado in the hole, if you remember during that big, uh, mini banking crisis, we thought it would take 3 years to double. Uh, it took 6 months to double and we got out. So, uh, that one, sometimes they take longer than expected, like Alibaba, sometimes they happen faster than expected like Vornado, but, uh, the key is the framework is sound. Does the business have a moat and are we buying it with a large enough margin of safety? 19:05 spk_0 All right, we’re gonna stick with the entrepreneurial vibe here because today’s runway showdown is all about value-driven CEOs, two chiefs strutting the catwalk with distinct approaches to turning opportunity into profit. First down the runway is the serial entrepreneur dressed in relaxed business casual, confidently investing in under the radar cash flowing small businesses like storage units and car washes, quiet, consistent, and profitable.Close behind though is the turnaround specialist, sleeves rolled up, tool kit ready, eager to repair and revive neglected industrials, retailers and manufacturers. Tom, which value pays off more reliably, the steady entrepreneur building a portfolio from the ground up, or the specialist who sees gold where others only see rust? 19:50 spk_1 Well, I think it’s, I think it’s a question of scale, right? You can make a tremendous amount of money buying uh small.Um, uh, businesses that are kind of fragmented businesses, roll them up, get synergies, uh, whether you do it with car washes, whether you do it with laundromats, etc. uh, people do that, butIf you want scale and you want control of capital, you need to be in ******* businesses, and that’s what we try to do in the public markets. Uh, the beauty, you know, I get approached with private deals all the time, and there are plenty of private deals. Most of them are betting on the future. Uh, you know, we’re guessing who’s going to cure *******, who’s gonna be the AI leader. I don’t like to guess on the future. I like to bet on sure things, OK? And I want a business that’s been a Gordon gecko. I want to bet.On businesses that have operated through many cycles, many downturns, and operated through and have a big enough moat, a strong enough balance sheet that I know they’re going to recover just back to the mean, they don’t need to be a home run, doubles or triples over 2 to 3 years, and you compound that with large amounts of capital, it beats, you know, grinding and, and, and, uh, getting synergies from a handful of laundromats or or as an entrepre.Um, but I will say Brad Jacobs does a combination of that. So he has his platform company. He gets the public market multiple. You get a higher multiple in the public markets, and then he uses that currency and his ability to raise capital in in public markets to buy defragmented businesses, smaller scale businesses, and tuck them into his platform company, and that’s how he’s created.So much wealth for so many people over the years. 21:22 spk_2 It’s great. Tom, I, I want to switch gears here a little more personal and advice driven. OK. So you study the markets kind of day in and day out. I want you to share with me, with us, like what’s the one thing that you think that everyone needs to know about the market, that either they’re misunderstanding or sometimes misrepresented. 21:44 spk_1 I think the number one thing, like anything in life is to be consistent. So if you’re just buying the overall indices like a VTI Vanguard total market.Uh, or an S&P 500, buy it every single month at fixed amount, OK? And the months that you really don’t want to buy it where your stomach is churning, you’re afraid you’re gonna lose your job, whatever it happens to be, those are the months you should buy double because, uh, when you buy down you get more shares and over time that compounds materially. so dollar cost averaging, that’s kind of your base, you know, put the majority of your money to compound that way and then when you have excess wealth, you start to take some of that and you want it to be a little bit more aggressive and you put it in different buckets and.Hire different managers like Tom Hayes, you hire, uh, uh, you know, maybe a private equity manager, maybe, maybe, uh, a venture capital fund, etc. uh, and you diversify with that excess, but start with the basics, get the compounding machine going because it’s the 8th wonder of the world, uh, and, um, it’s, it’s created more wealth. This beautiful, amazing, 22:43 spk_0 the 9th wonderright here behind us. Exactly. Guess what? That is all the time we have. Really appreciate you stopping by and this will do it for the latest episode of Stocks in Translation. Source link #investor #doubling #real #estate Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

G-Skill demoes ultra-high capacity DDR5-6600 512GB RAM and ‘extreme’ 10,934 MT/s module at Computex 2025 G-Skill demoes ultra-high capacity DDR5-6600 512GB RAM and ‘extreme’ 10,934 MT/s module at Computex 2025 At Computex 2025, G-Skill has unveiled two new eye-catching DDR5 offerings, demoing a 512GB capacity setup and a new extreme overclock with speeds topping out at over 10,000 MT/s. We took to the floor to bring you the latest. As mentioned, G-Skill is presenting a new extreme overclock speed demo, showcasing multiple DDR5-10,000+ dual-channel overclocked systems using SK hynix DDR5 ICs. It achieved speeds of up to 10,934 MT/s 24GBx2 using an ASUS ROG Maximus Z890 APEX motherboard and Intel Core Ultra 9 285K CPU. Image 1 of 3 (Image credit: Future) (Image credit: Future) (Image credit: Future) G-Skill also demoed overclocking on high-capacity DDR5 setups, again using SK hynix DDR5 ICs. We saw a demo of 64 GBx4 at DDR5-7000 CL38 using the ASUS ROG Crosshair X870E Hero, AMD Ryzen 7 9800X3D, and on a separate MSI MEG X870E Godlike motherboard with AMD Ryzen 9 9900X. You may like It also showed 64GBx2 running DDR5-8400 CL48 using an MSI B850 M-ATX motherboard with AMD Ryzen 9600X, and finally 32GBx2 at DDR5-9000 CL48 on the MSI MEG Z890 UNIFY-X motherboard with Intel Core Ultra 9 285K. Image 1 of 1 (Image credit: Future) G-Skill also showed off three “ultra-low latency” spec builds, running DDR5-6000 CL26 192GB (48GBx4) with the MSI MAG B850M MORTAR WIFI motherboard and AMD Ryzen 9 9900X, DDR5-6400 CL28 192GB (48GBx4) with the Gigabyte X870E AORUS MASTER motherboard and AMD Ryzen 9 9900X, and DDR5-8400 CL34 32GB (16GBx2) with the ASUS ROG MAXIMUS Z890 APEX motherboard and Intel Core Ultra 9 285K. Speed aside, we also got a look at G-Skill’s high-capacity offering, an overclocked R-DIMM DDR5-6600 CL42 setup with a monstrous 512GB capacity (64GB x 8), again using SK hynix DDR5 ICs. The system is built on an ASUS Pro WS WRX90E-SAGE SE motherboard and an AMD Ryzen Threadripper PRO 7985WX processor. (Image credit: Future) Also on display is a novel DDR5-10000 64GB CAMM2 module (above). Compression Attached Memory Module technology uses connectors arranged in a grid rather than the customary line you’d expect to find on a DIMM. The memory can lie flat on the motherboard, providing more clearance to the CPU for cooling and featuring shorter traces between the CPU and memory modules for improved signal integrity. Get Tom’s Hardware’s best news and in-depth reviews, straight to your inbox. The final eyecatcher is a new neon RAM concept dubbed Neox that we can confirm absolutely pops, both standalone and in the systems we saw. Check out the gallery below. Image 1 of 8 (Image credit: Future) (Image credit: Future) (Image credit: Future) (Image credit: Future) (Image credit: Future) (Image credit: Future) (Image credit: Future) (Image credit: Future) Follow Tom’s Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button. Source link #GSkill #demoes #ultrahigh #capacity #DDR56600 #512GB #RAM #extreme #MTs #module #Computex Pelican News View the full article at [Hidden Content]

FEMA rescinds strategic plan less than 2 weeks before hurricane season – CBS News FEMA rescinds strategic plan less than 2 weeks before hurricane season – CBS News FEMA rescinds strategic plan less than 2 weeks before hurricane season CBS NewsTrump’s Federal Cuts Threaten Natural Disaster Support Americans Rely On The New York TimesSpring storms spark scrutiny of FEMA as Trump overhauls and slashes the agency PBSFEMA makes late push to bolster hurricane preparedness, but effort may be too little, too late, officials say CNNTrump’s FEMA risks “flying blind” into hurricane season Axios Source link #FEMA #rescinds #strategic #plan #weeks #hurricane #season #CBS #News Pelican News View the full article at [Hidden Content]

Alejandro Garnacho questions Ruben Amorim’s team selection after Europa League final defeat Alejandro Garnacho questions Ruben Amorim’s team selection after Europa League final defeat Manchester United winger Alejandro Garnacho has put his future at the club in doubt by questioning Ruben Amorim’s decision to play him for “20 minutes” in the Europa League final defeat by Tottenham. Brennan Johnson’s first-half goal ended Spurs’ 17-year trophy drought and with it ensured United would be without European football next season. Garnacho, 20, was benched in favour of Mason Mount in Bilbao and only replaced the England midfielder with 19 minutes remaining of normal time. The Argentina winger, who was linked with Chelsea and Napoli in January, was critical of Amorim’s decision to hand him a limited role in the final. “Up until the final I played every round helping the team, and today I play 20 minutes, I don’t know,” said Garnacho. “The final will influence [my decision] but the whole season, the situation of the club. I’m going to try to enjoy the summer and see what happens afterwards.” Garnacho posted an image on his social media six hours before kick-off upon learning that he was starting on the bench, depicting him celebrating in the 2024 FA Cup final and 2024 Community Shield. Roberto Garnacho, his brother, posted on his Instagram account that the winger had been “thrown under the bus”. “Working as no-one else, helping every round, coming from two goals in the last two finals, just to be on the pitch for 19 mins and get thrown under the bus,” wrote Roberto Garnacho. The post followed Amorim’s post-match comments, in which the Portuguese head coach referred to a miss by Garnacho in the semi-final second leg against Athletic Bilbao. Asked if he should have brought Garnacho on earlier, Amorim said: “How many times have we had this conversation, and it was the opposite? Some players come in, like Mason Mount, against Bilbao and changed the game. “So now it is easy to say. Who missed the big opportunity in the first half against Bilbao? Yeah [Garnacho]. Of course, now it is easy for us to talk about a lot of views.” Garnacho apologised to then United manager Erik ten Hag last season after ‘liking’ social media posts criticising the Dutchman following a Premier League defeat by Bournemouth. The winger, along with team-mate Marcus Rashford, was dropped for December’s visit to Manchester City which Amorim said was down to “training performances, game performances and ngagement with team-mates”. In February, Amorim said Garnacho had apologised to the rest of the squad for walking down the tunnel after being substituted against Ipswich. Source link #Alejandro #Garnacho #questions #Ruben #Amorims #team #selection #Europa #League #final #defeat Pelican News View the full article at [Hidden Content]