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Computex 2025: Beyond Nvidia, Four Things to Know at Asia’s Biggest Tech Show Computex 2025: Beyond Nvidia, Four Things to Know at Asia’s Biggest Tech Show Nvidia’s Jensen Huang headlines the 2025 edition of Asia’s biggest electronics conference, for years a showcase for his company’s cutting-edge AI chips and the companies lining up to buy them. This year, however, the spotlight may well be on another far ******* personality: US President Donald Trump. Computex kicks off Monday in Taipei, and as in years past will draw industry chieftains from Huang and Qualcomm’s Cristiano Amon to Young Liu of Foxconn, which makes the bulk of the world’s iPhones and Nvidia servers. But while last year’s event was a celebration of the post-ChatGPT AI *****, executives this time are likely grappling with the uncertainty of the Trump administration’s effort to reshape the global trade order — disrupting a decades-old model for tech manufacturing.’ This year’s exhibition will of course feature the hardware required to bring artificial intelligence to life. Apart from Nvidia chips, that includes server racks assembled by Hon Hai Precision Industry, also known as Foxconn; power components from Delta Electronics and datacenter cooling systems from Asia Vital Components Co. But while they tout new products onstage, these companies are also confronting profound questions about the US administration’s tariff regime. Here are the key themes to watch out for this week. The Shifting Geography of Chip Manufacturing Trump wants manufacturing back home. To that end, the White House has secured major chipmaking commitments, most notably an additional $100 billion investment from Taiwan Semiconductor Manufacturing Co. As TSMC builds out its Arizona operations with more production lines, supply chain players are also joining it in the US — and accelerating those plans because of the new tariffs. Asia’s biggest electronics companies may also find new opportunity in the Middle East. In the week before Computex, a US delegation led by the president — and including tech luminaries Huang, Elon Musk and OpenAI co-founder Sam Altman — visited Saudi Arabia’s Riyadh with lofty promises of new trade deals. Alongside a relaxation of AI chip export rules, the visit underlines the Middle East’s growing importance as a player in the AI field. “The new focus on export rules around China and Huawei means more opportunity for Taiwan,” said Taipei-based industry analyst Dan Nystedt. AI’s Questionable Payoff From Advanced Micro Devices (AMD) to Nvidia and Qualcomm, the development of generative artificial intelligence was heralded at Computex last year as comparable to the advent of the internet. Consumers haven’t responded with the same enthusiasm. Smartphone shipments grew by only 2.4 percent and PCs by an even slimmer 1.8 percent over the holiday quarter, according to industry tracker IDC. The promises from the likes of Samsung Electronics Co. about how transformative AI would be in day-to-day life have not come to pass. Apple hasn’t even rolled out its full AI suite for iPhones yet. So executives at Computex will face questions about when the payoff is supposed to come. They’ll also have to address concerns about an AI bubble. Investment from the biggest US internet firms remains elevated. Yet Microsoft has pulled back on some of its expansion plans, and Alibaba Group Holding’s Joe Tsai warned against building vast data centers without knowing their purpose. Intel’s New Man in Charge Lip-Bu Tan, the newly appointed chief executive officer of Intel Corp., won’t be at Computex in a formal capacity as his company won’t conduct its traditional keynote address. But he’ll likely be doing more meetings than anyone at the show as he continues his survey of partners and customers. He’s said recently that he’s doing countless meetings each day and having two or three business dinners trying to get insight. Tan is currently weighing options to reform the storied US chipmaker. Intel is still the biggest provider of PC and server processors, though it’s losing market share. He’ll work to persuade customers of TSMC that Intel’s factories are a viable alternative and that the US manufacturer — historically a rival — can be a trusted partner. The financial strain of predecessor Pat Gelsinger’s spending on a turnaround plan tanked Intel’s shares, particularly because it hasn’t deliver tangible benefits yet. Now, Tan is rebooting everything with a focus on better execution. “Computex is historically such a PC-focused event, and yet Intel seems to be sitting it out quietly,” said IDC analyst Bryan Ma. “It’s understandable given everything else going on in the organization right now, but their absence is notable given all of their talk about AI PCs last year.” Tan, who served as CEO of chip-design software maker Cadence Design Systems for 12 years, has decades of experience investing and making deals in the semiconductor industry. At and around Computex, he’ll work to reassure and recruit partners for the effort to close ground on Nvidia and TSMC. Foxconn’s Debut Foxconn is making an unusually prominent appearance. Chairman Liu will host a keynote presentation on Tuesday, likely underscoring its growing role as an AI server assembler. In previous iterations of the show, the company has been represented by subsidiaries like Ingrasys Technology. Foxconn is working to diversify its revenue away from assembling smartphones and other consumer electronics. It’s developed an automotive division and hopes to collect ******* orders for electric vehicles. That venture gained a significant customer this month, with Mitsubishi Motors Corp. ordering a made-in-Taiwan EV for Australia and New Zealand. The company is also keen on advancing robotics. “Of course AI plus robots, AI plus robots,” Liu said about the focus at Computex. What’s Next From Nvidia “My first night in Taipei is always dinner with C.C.,” Jensen Huang said on Friday, emerging from a restaurant alongside TSMC CEO and Chairman C.C. Wei. The Nvidia boss remains a larger-than-life personality in Taiwan, with crowds following his every move. Investors will be keen to hear more about the chip designer’s strategy to expand its reach. The company has been forthcoming with plans to upgrade its AI chips on a roughly annual basis, and Huang has also talked about the potential of AI in the robotics industry. Microsoft’s developer event, Build, is taking place the same week over in Seattle, and speculation has grown in recent times about Nvidia joining Qualcomm in building more AI-capable, Arm-based chips for PCs. “I’m keeping my eyes and ears open for whatever Nvidia and MediaTek might confirm around their rumored Windows-on-Arm solution,” said IDC’s Ma. That might further challenge Intel’s traditional stronghold. In the days leading up to Computex, Huang joined a US delegation to the Middle East led by the president, lauding the opening up of trade. The scrapping of Biden-era AI chip rules will help the United Arab Emirates and Saudi Arabia acquire more of Nvidia’s industry-leading technology and expand their capabilities in artificial intelligence. “With proper forecasting, we would be able to build the necessary technologies for everyone,” Huang said to Bloomberg News on Saturday. © 2025 Bloomberg LP (This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.) Source link #Computex #Nvidia #Asias #Biggest #Tech #Show Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Bath & Body Works names recent Nike executive as its new CEO, effective immediately – CNBC Bath & Body Works names recent Nike executive as its new CEO, effective immediately – CNBC Bath & Body Works names recent Nike executive as its new CEO, effective immediately CNBCBBWI Appoints New CEO as It Reaffirms 2025 Financial Expectations | BBWI Stock News GuruFocusBath & Body Works Appoints Daniel Heaf as Chief Executive Officer The Globe and MailBath & Body Works Names Daniel Heaf CEO; Fiscal Q1 Preliminary Earnings, Net Sales Rise marketscreener.comBath & Body Works names Daniel Heaf as new CEO Investing.com Source link #Bath #amp #Body #Works #names #Nike #executive #CEO #effective #immediately #CNBC Pelican News View the full article at [Hidden Content]

37 minutes of Switch 2 Cyberpunk 2077 footage has been posted online 37 minutes of Switch 2 Cyberpunk 2077 footage has been posted online 37 minutes of footage taken from the Nintendo Switch 2 version of Cyberpunk 2077 has been shared online. The footage, which can be seen embedded above, is a compilation of B-roll footage distributed by CD Projekt Red. The clips show various aspects of the game in action on Switch 2, including driving through the city, combat with enemies and various cutscenes. Early hands-on reports with a preview build of the game at Switch 2 preview events suggested that there were some performance issues that were affecting the frame rate, which had to be addressed before it was ready for release. This new round of footage appears to suggest that many of these reported issues may have been ironed out, with gameplay generally running at a steady 30 frames per second. Part of this may be down to the Switch 2 version’s use of Nvidia‘s Deep Learning Super Sampling (DLSS) tech, which is used to upscale the game to allow it to run at a higher resolution with less strain on processing power. Last month CD Projekt Red engineer Tim Green said the Switch 2 hardware had enabled the studio to create a more capable version of Cyberpunk 2077 than was possible on PS4 and Xbox One. “Cyberpunk 2077 has seen a tremendous amount of ongoing love as we’ve continued to improve the game,” Green told Game File. “In bringing the Ultimate Edition to Nintendo Switch 2 we were able to build on top of that already solid base. “Development still had challenges, of course, as any development process does, but we’ve been careful in picking tradeoffs to not compromise the game’s vision. “We haven’t had to fight with fitting into memory,” he added, “And the speed of the data storage has helped alleviate some of those early streaming problems. This has allowed us to focus our attention on improving other things, and we’re very happy with the result.” Cyberpunk 2077: Ultimate Edition is one of the few third-party Switch 2 games at launch that will contain the whole game on the cartridge, as opposed to the Game-Key Cards being used by other publishers, which essentially have nothing on the cartridge other than a ‘key’ which triggers an online download. Source link #minutes #Switch #Cyberpunk #footage #posted #online Pelican News View the full article at [Hidden Content]

Acer Swift Go 14 AI, Swift Go 16 AI Copilot+ PCs Launched at Computex 2025 Alongside Swift Edge 14 AI Acer Swift Go 14 AI, Swift Go 16 AI Copilot+ PCs Launched at Computex 2025 Alongside Swift Edge 14 AI Acer launched several Copilot+ PCs at Computex 2025 in Taiwan on Monday. The company has introduced three laptops as part of its lineup — Acer Swift Go 14 AI, Swift Go 16 AI, and Swift Edge 14 AI, powered by up to Intel Core Ultra 9 processors. The Swift Go 16 AI and Swift Go 14 AI are introduced as thin-and-light laptops with features like improved Acer Multi-Control Touchpad for enhanced control. Meanwhile, the Acer Swift Edge 14 AI sports a 14-inch 3K OLED edge-to-edge glass display and comes with Corning Gorilla Matte Pro surface treatment on top. Acer Swift Go 14 AI, Swift Go 16 AI, Swift Edge 14 AI Price, Availability Acer Swift Edge 14 AI price starts at EUR 1,599 (roughly Rs. 1,54,000) and will be available for purchase in a single Pearl White colourway starting June in Europe, the Middle East, and Africa (EMEA). The Swift Go 16 AI (Titanium Grey) and Swift Go 14 AI (Steam Blue) Copilot+ PCs are priced at EUR 1,299 (roughly Rs. 1,25,000) and EUR 1,199 (roughly Rs. 1,15,600), respectively. Their availability in the EMEA regions will begin in August and July, respectively. Acer Swift Go 14 AI, Swift Go 16 AI Specifications The Acer Swift Go 14 AI Copilot+ PC sports a 14-inch WUXGA (1,920 x 1,200 pixels) OLED screen with a 16:10 aspect ratio. Meanwhile, the Swift Go 16 AI has a larger 16-inch 2K (2,048 x 1,280 pixels) WUXGA+ display. Both models come with VESA DisplayHDR TrueBlack 500 and Eyesafe 2.0 certifications, and offer 100 percent coverage of DCI-P3 colour gamut. They have a 15.9mm thickness and are advertised as thin and light models, weighing 1.39kg and 1.6kg, respectively. Buyers can equip the Swift Go AI Copilot+ PCs with up to Intel Core Ultra 7 258V processor, paired with an Intel Core Ultra Boost NPU which delivers up to 47 tera operations per second (TOPS) of computational power. The company also equips the laptops with up to Intel Arc Graphics 140V for handling graphic-intensive tasks. The chipsets are complemented by up to 32GB of LPDDR5x RAM and up to 2TB PCIe Gen4 NVMe SSD storage. Connectivity options on the Acer Swift Go 14 AI and Swift Go 16 AI Copilot+ PCs include Wi-Fi 7 and Bluetooth 5.4. In terms of I/O ports, the laptops feature two USB Type-C ports with Thunderbolt 4, two USB 3.2 Gen 2 Type-C ports, an HDMI port, and a microSD card reader. Acer has equipped both models with a 1080p full HD IR camera with Windows Hello facial recognition support and a privacy shutter. Other features include a Kensington lock, activity indicator on touchpad, backlit keyboard, and 180-degree hinge. Both the Acer Swift Go 14 AI and Swift Go 16 AI pack a 64Wh Lithium-ion battery which is claimed to deliver up to 16 hours of battery life. Acer Swift Edge 14 AI Specifications The Acer Swift Edge 14 AI Copilot+ PC features a 14-inch 3K (2,880 x 1,800 pixels) OLED screen with DisplayHDR True ****** 600 certification, 100 percent DCI-P3 colour gamut coverage, and Corning Gorilla Matte Pro treatment. It has a Magnesium-Aluminum chassis, weighs 0.99kg, and has MIL-STD 810H military-grade durability. The laptop is powered by up to Intel Core Ultra 9 288V chipset with Intel AI Boost capable of delivering 48 TOPS performance, and Intel Arc Graphics 140V. It can be equipped with up to 32GB of LPDDR5x RAM and up to 1TB of PCIe Gen4 NVMe SSD storage. Acer also provides the Microsoft Pluto crypto-processor for enhanced security. It has a 1080p FHD IR camera and dual speakers with DTS:X Ultra audio. Connectivity options on the Acer Swift Edge 14 AI Copilot+ PC include Wi-Fi 7, Bluetooth 5.4, two USB Type-C ports with Thunderbolt 4 support, two USB Type-A ports, an HDMI 2.1 port, and a 3.5mm headphone jack. The laptop is backed by a 65Wh 3-cell Li-ion battery which can deliver up to 21 hours of video playback. Dubbed Copilot+ PCs, all models in the new Acer Swift lineup come with a dedicated Copilot+ hotkey. It brings features such as Recall and Click-to-Do, both of which are currently available in preview. There are improvements to Windows search, Cocreator in Paint, Live Captions, and Windows Studio Effects too. Source link #Acer #Swift #Swift #Copilot #PCs #Launched #Computex #Swift #Edge Pelican News View the full article at [Hidden Content]

Controlling the Feed: How Reddit’s Fundamentals Justify Its High P/E Controlling the Feed: How Reddit’s Fundamentals Justify Its High P/E Even before Reddit (NYSE:) became a publicly traded company in March 2024, internet searches were often more effective when including the term “reddit.” Aggregating user input across many subreddits on a single site has been Reddit’s core value since its launch in 2005. It’s understandable, then, why RDDT stock generated so much hype, having reported over 108 million daily active users as of March 2025. Over the past year, RDDT shareholders have seen a 101% return on their investment. However, latecomers who acquired RDDT shares at the beginning of the year are facing a nearly 32% decline in value. That is, if they failed to lock in profits in early February 2025, when RDDT stock reached an all-time high of $225.23 per share. Currently priced at $113, RDDT shares remain slightly above the 52-week average of $108.31.The question is, will there be a repeat of Reddit’s ATH given the reception of May’s Q1 earnings? Recap of Reddit’s Financial Performance Since going public, Reddit announced its first profitable quarter in Q1 2024 at $10 million, but only on an adjusted EBITDA basis. When accounting for IPO-driven losses, Reddit suffered a $575.1 million net loss in that quarter. Nonetheless, the adjusted EBITDA basis was an improvement over the $50.2 million loss in the year-ago quarter. After another net loss in Q2 ‘24, Reddit reported its first net income of $29.9 million in Q3 ‘24, compared to the net loss of $7.4 million in the year-ago quarter . But on a yearly basis, Reddit’s sustained profitability remains in question: 2022: $158.55 million net loss 2023: $90.82 million net loss 2024: $484.28 million net loss In the latest earnings for Q1 2025 delivered on May 1st, Reddit reported revenue growth of 61% year-over-year to $392.4 million, with a net income of $26.2 million. The bulk of that revenue came from ads, at $358.6 million. Likewise, most of the revenue is still coming from the US, at $313.9 million. However, international revenue saw a much greater 82% yearly boost, at $78.5 million. Exiting the quarter, Reddit has $126.6 million free cash flow at its disposal, a significant improvement from just $29.2 million in Q1 2024. Overall, Reddit managed to drastically beat analyst expectations for Q1, delivering $0.13 earnings per share (EPS) vs the forecasted $0.02 EPS, making for a 550% positive surprise. Lastly, the company holds $186.8 million in current liabilities and $219.9 million in total liabilities. Over a month, RDDT stock is now up 19%, following a price correction over the week. Similarly to memecoins, it seems that shareholders are eagerly waiting for profit-clearing opportunities. When RDDT shares climbed to $130 on Wednesday, the price level soon collapsed and now holds at $113 per share. But when taking Reddit’s financial performance into account so far, is there another narrative to boost investor confidence? How Reddit Stands Out from the Social Media Crowd Across the social media landscape, from YouTube and TikTok to Reddit, discerning users may have noticed a persistent trend – auto-removal of posts. As we’ve explained in the recent coverage of AI investments into Saudi Arabia, as well as the nature of Palantir (NASDAQ:), algorithmic interception of content is becoming a norm as a prerequisite for global governance. But this bodes well for Reddit’s bottom line. By becoming the “front page of the internet”, Reddit secured its network effect. Although individuals, organizations, and communities make X accounts thanks to Twitter’s own network effect, Reddit offers greater content permanence and participation. To manage the constant influx of new users, new subreddits are created. And to reduce the flood of new posts, Reddit introduced karma points. In turn, karma thresholds provide a bulwark against demoralizing spam. But more importantly, users learn which kind of attitudes and ideologies are amenable to receiving karma points. Via downvote suppression, Reddit then facilitates soft ideological control. Although this may discourage participation, it is a moot point given the overarching algorithmic interception across all social media platforms. And although there is political bias in Reddit’s moderation practices, this is also moot because people always seek the least line of resistance. In turn, this benefits Reddit as a global content aggregator because: There is friction when people go the extra mile to create their own forums – only a ********* will attempt. There is friction when people try to drive traffic to their personal website. There is friction when people need to create new accounts for individual websites. Across product deployments, apps and payment fees, if any axiom is true, it is that people move away from friction. And Reddit’s single-account accessibility welcomes users despite the aforementioned moderator issues or ideological capture. In fact, by facilitating soft ideological control via karma points, Reddit aligns with the world’s power nodes and access to capital. Likewise, this is why OpenAI and Reddit formed a partnership last May, as Reddit’s content control matches ChatGPT’s ideological proclivities. This not only bolsters the company’s bottom line but it guards it from financial and regulatory deplatforming. What Can RDDT Shareholders Expect from Reddit? As a global content aggregator, Reddit will maintain its relevance for AI model training. Not only does the company have a partnership with OpenAI but a long-standing one with Alphabet (Google) (NASDAQ:) as well. In the recent Q1 shareholder letter, the company expects further content licensing opportunities to leverage “Reddit’s vast and unmatched archive of real, timely, and relevant human conversation on literally any topic”, as Reddit CEO Steve Huffman noted in February 2024. It is also notable that Reddit maintains a high gross margin, beating the average gross profit margin of 64.1% in the internet content & information sector. At the same time, Reddit has an exceedingly high price-to-earnings (P/E) ratio of 173.94 against the aforementioned sector at 33.62. However, stock price forecasting suggests that Reddit’s fundamentals justify such high valuation. According to WSJ’s forecasting data, the average RDDT price target is significantly higher than the present level, at $161.36 per share. The bottom estimate is $75, while the ceiling price target for RDDT stock is $244. Overwhelming number of analysts suggest buying at current price level, 16, while 9 analysts suggest holding. Only one analyst thinks RDDT stock should be sold at this point in time. *** Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This article was originally published on The Tokenist. Check out The Tokenist’s free newsletter, Five Minute Finance, for weekly analysis of the biggest trends in finance and technology. Source link #Controlling #Feed #Reddits #Fundamentals #Justify #High Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

A sorry end to a BBC career A sorry end to a BBC career This is a sorry end to a long BBC career. Gary Lineker was among the corporation’s highest-paid presenters for a reason – he is popular with audiences, knowledgeable and brilliant at his job. But it’s an understatement to suggest he has also caused problems for his BBC bosses over the years, as their high-profile football host began to morph into a presenter with opinions that he voiced on social media. In the end, those two things were increasingly in conflict. This has always been about reputation management for the BBC. Lineker had already, in the eyes of BBC bosses, caused the corporation damage with previous social media posts. Mistakenly sharing a video about Zionism which included a rat emoji was the final straw. It was difficult to see how he could continue presenting for the corporation, particularly at a time when the BBC is enmeshed in another controversy surrounding a documentary about Gaza, which it pulled after discovering the child narrator was the son of a ****** official. I think what’s different is that on this occasion, Lineker regrets his actions. He has appeared bullish about previous posts, saying that while he regretted damaging the BBC, he didn’t believe, for example, that comparing the language of a Conservative asylum policy to that of 1930s Germany was wrong. But last week he crossed the line. Lineker is genuinely upset by what happened. He is mortified that he reposted the video. His relationship with the BBC is coming to an end in circumstances nobody would have wanted, but some might have predicted. He seemed unable or unwilling to accept that his high profile might prevent him from voicing strongly-held views that many believed had an impact on the BBC’s need for impartiality. We live increasingly in an age when people want to express their opinions, and often do. Social media has given everyone a platform, and high-profile media figures have huge followings. He could not keep quiet. In the end, it brought him down. But he is a successful podcast entrepreneur, owning a third of the shares in Goalhanger, the company behind hit shows including The Rest is History and The Rest is Politics. I would also not be surprised if he does appear in the future on TV, perhaps even as a presenter of the World Cup for another outlet. He has shown contrition, but it has been a damaging few days. Source link #BBC #career Pelican News View the full article at [Hidden Content]

Star Wars Zero Company Puts the Ball in XCOM’s Court Star Wars Zero Company Puts the Ball in XCOM’s Court Vits14d ago It’s the current logic. People are paying more, for less. If that “saved” money were actually spent on improving the single-player experience, that’d be one thing. But anyone who actually plays games knows that’s not what happens. We’re in the era of “safe” games, stripped-down, polished packages full of shiny lighting, big setpieces, and all the interactivity of a NES-era background. Multiplayer modes, extra features, modding tools, things that used to add value for players, keep getting cut. Why? Because they don’t add value for the company. And, as always, the useful idiots will cheer, pay more all while getting less than before. So of course companies will keep doing it. Source link #Star #Wars #Company #Puts #Ball #XCOMs #Court Pelican News View the full article at [Hidden Content]

Cervix-on-a-chip inspires potential new treatment for preterm birth Cervix-on-a-chip inspires potential new treatment for preterm birth Health Using human cells, researchers were able to create a novel cervix-on-a-chip model to study how the ******** microbiome affects pregnancy By Grace Wade A section of the cervix OVERSEAS/COLLECTION CNRI/SCIENCE PHOTO LIBRARY Scientists have coaxed human cells to form a miniature replica of the cervix during pregnancy. This so-called cervix-on-a-chip reveals how inflammation and the ******** microbiome can contribute to premature birth – and identifies a possible treatment to prevent it. Premature birth – when a baby is born before 37 weeks of pregnancy – affects more than 13 million infants each year and is the second leading cause of childhood mortality and disability. Yet there are no effective… Source link #Cervixonachip #inspires #potential #treatment #preterm #birth Pelican News View the full article at [Hidden Content]

Magnificent 7 Stocks Shift Toward Stability and Selective Growth Magnificent 7 Stocks Shift Toward Stability and Selective Growth Financial markets often operate in cycles of hype and hesitation. At times, investor sentiment pushes a handful of stocks into the spotlight, only for uncertainty or macroeconomic shifts to temper expectations. Today, we’re witnessing a renewed surge of interest in the “Magnificent Seven“, the seven dominant tech-oriented companies that have become pillars of the and . After a ******* of volatility, these stocks are staging a notable comeback. This group, Microsoft (NASDAQ:), Alphabet (NASDAQ:), Meta Platforms (NASDAQ:), Amazon.com (NASDAQ:), Apple (NASDAQ:), Tesla (NASDAQ:), and NVIDIA (NASDAQ:), represents a blend of digital software giants, retail and cloud leaders, hardware innovators, and semiconductor powerhouses. Together, they offer a window into the broader digital economy and investor psychology alike. Rebounding From a Volatile Stretch The comeback story starts with a recent bout of volatility that tested investor confidence. The announcement of new U.S. trade tariffs, dubbed “Liberation Day” by some, triggered a sharp market correction. Tech stocks, in particular, suffered as rising geopolitical and economic uncertainty led to a rush of selling, pushing many down by 20% or more from their 52-week highs. By definition, these declines marked a bear market phase for several of the Magnificent Seven. This 20% drop threshold is more than just a psychological marker. It often triggers changes in margin requirements and risk exposure, prompting many institutional investors to reassess or rebalance portfolios. However, it also tends to act as a pivot point. A sharp rebound followed once the market absorbed the shock and capital stepped in to meet margin calls. Now, the price action shows signs of resilience. Microsoft, for example, is trading at 96% of its 52-week high, a level few large-cap tech stocks have reclaimed so quickly. As a core software provider to enterprises and governments alike, Microsoft has emerged as a defensive play within the group. In contrast, Tesla remains under the 80% threshold — yet analysts see this as a sign of potential, not weakness. A Divergence Within the Group One key theme in this rebound is divergence. Not all Magnificent Seven stocks are recovering at the same pace, which tells a broader story. Investors appear to be distinguishing between stability-driven leaders and high-volatility growth names. Microsoft and Apple fall squarely into the former category. Their steady earnings, sticky customer bases, and diversified revenue streams make them attractive in a climate where safety is in vogue. Alphabet and Meta offer similar defensiveness, bolstered by dominant positions in online advertising and artificial intelligence initiatives. Amazon.com also deserves mention as it bridges both defensive and growth characteristics. The company’s cloud segment, AWS, continues to deliver steady growth, even as its retail operations benefit from increased logistics efficiency and scale. With new AI-powered logistics systems and ongoing cost management across its e-commerce network, Amazon is reinforcing its long-term margin profile. Analysts have taken note, with many revising price targets upward, highlighting its balanced exposure to growth and resilience. Tesla and NVIDIA, by contrast, represent the more speculative end of the spectrum. While NVIDIA has rallied significantly recently thanks to its AI-driven growth narrative, Tesla continues to trade at a relative discount. However, that dynamic could change. Piper Sandler recently issued a bullish $400 price target on Tesla, implying a potential 16% upside from current levels. This contrasts with Microsoft’s 13% upside forecast, underscoring the difference between recovery potential and current momentum. The Market’s Message: Selective Optimism What this comeback reveals isn’t just a renewed appetite for tech, it’s a preference for stability and selectivity. Investors are not blindly chasing growth or hype. Instead, capital is flowing toward stocks with proven fundamentals, dependable cash flows, and a lower beta profile. That said, the divergence within the Magnificent Seven creates opportunities. For those seeking momentum and safety, names like Microsoft and Apple appear to offer solid near-term performance. For those with a higher risk tolerance, laggards like Tesla and NVIDIA may offer asymmetric upside as sentiment and fundamentals align. This theme of selective optimism is also reflected in Wall Street’s broader positioning. Analysts aren’t throwing out inflated targets for every name in the group. Instead, they’re making distinctions, favoring steady compounders sometimes and calling out deep-value potential in others. A Disciplined Rally Led by Fundamentals, Not Frenzy The Magnificent Seven are making a clear comeback, but it’s more measured this time. The hype has cooled, and in its place is a more grounded view that prioritizes earnings consistency, macro resilience, and strategic positioning. Investors watching this trend unfold should note the group’s internal dynamics. It’s not enough to broadly bet on the tech sector; the new cycle demands discernment. The next leg of the bull run may be led by names that can balance innovation and dependability. Original Post Source link #Magnificent #Stocks #Shift #Stability #Selective #Growth Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Regeneron, A Leading U.S. Biotechnology Company, to Acquire 23andMe in Court-Supervised ***** – GlobeNewswire Regeneron, A Leading U.S. Biotechnology Company, to Acquire 23andMe in Court-Supervised ***** – GlobeNewswire Regeneron, A Leading U.S. Biotechnology Company, to Acquire 23andMe in Court-Supervised ***** GlobeNewswireRegeneron to buy bankrupt DNA testing firm 23andMe for $256 million CNNRegeneron to Buy 23andMe Out of Bankruptcy for $256 Million WSJ23andMe assets being sold to Regeneron Pharma for $256M AxiosRegeneron plans to buy 23andMe for $256M Endpoints News Source link #Regeneron #Leading #U.S #Biotechnology #Company #Acquire #23andMe #CourtSupervised #***** #GlobeNewswire Pelican News View the full article at [Hidden Content]

Some $80 Games Are A “Steal” Based On What They Offer, Former PlayStation Exec Says Some $80 Games Are A “Steal” Based On What They Offer, Former PlayStation Exec Says Former PlayStation boss Shuhei Yoshida has sounded off on increasing game prices, saying he questions why people are complaining about $80 games when that price is actually a “steal” in terms of what’s being offered, at least for some games. He said this in an interview with Critical Hits Games, stating that many products in regular life have gone up in price over the years, so it was only a matter of time before video games did as well. “I think it was almost too late for the video game companies to start looking at the pricing structure,” he said, as reported by GamesRadar. In the ’90s, many new releases sold for $60 USD. Adjusted for inflation, that’s around $80 today, which is the price that Nintendo and Xbox will charge for some games this year. Sony, for its part, has said it might increase prices, too. Not every game will become more expensive, though. Variable pricing in gaming has existed since the beginning, and it’s going to continue into the future. As an example, 2K is charging $50 for ******: The Old Country to help the game reach the widest possible audience. Yoshida said every game has a “different value [that] it provides,” so a game company will decide how to price their product based on the “value that they believe they are bringing in.” He went on to say that a “really great” game that’s priced at $70 or $80 would be a “steal in terms of the amount of entertainment” provided, and the quality of the experience compared to other forms of entertainment. “As long as people choose carefully how they spend their money, I don’t think they should be complaining,” he said. Nintendo defended Mario Kart World’s $80 price point by stating that the game is simply worth that much given what it offers. MK World is the only confirmed $80 game so far, from Nintendo or anyone else, but Microsoft has said it will charge $80 for some Xbox games later this year. Electronic Arts, for its part, has said it will not charge $80 for new games, at least not yet. Data shows that people are ready and willing to spend $80 or more on new games. Source link #Games #Steal #Based #Offer #PlayStation #Exec Pelican News View the full article at [Hidden Content]

Israel orders Khan Younis evacuation ahead of ‘unprecedented attack’ Israel orders Khan Younis evacuation ahead of ‘unprecedented attack’ The Israel Defense Forces (IDF) has ordered residents of Khan Younis to evacuate as it prepares to launch an “unprecedented attack”. People were ordered to move towards al-Mawasi in the west of the strip, in one of the largest evacuation orders issued by the Israeli military in recent months. An Arabic statement shared by IDF spokesperson Avichay Adraee said the area “will be considered a dangerous combat zone”, adding: “Terrorist organizations have brought you disaster. For your safety, evacuate immediately.” The IDF launched a major new Gaza offensive on Saturday named Operation Gideon’s Chariots. Hospitals have said more than 100 people have been killed in the last 24 hours. One woman from Khan Younis told BBC News that the new evacuation order – which also covers the areas of Bani Suhaila and Abasan – was her “worst nightmare”. Another woman, who is already living under an evacuation order in central Gaza, said she would not move “because there is no place to go”. The IDF said its aim was to “destroy the capabilities of terrorist organizations in this area”. Earlier on Monday, Israeli Prime Minister Benjamin Netanyahu said that Israel would “take control” of the whole of Gaza. In a video posted on social media, he said: “We are engaged in massive fighting – intense and substantial – and there is progress. “We are going to take control of all areas of the Strip, that’s what we’re going to do.” The IDF said it had struck 160 targets across the strip in the last 24 hours. A warehouse containing medical supplies at the Nasser Hospital was hit by an Israeli strike overnight, Gaza’s ******-run ministry of health reported. British charity Medical Aid for Palestinians said the strike happened “as Palestinians who were killed and wounded from other attacks were being brought to the hospital”. “We are just seeing all our work being burned to ashes,” a spokesman for the charity said. Separately, ************ media reported that Israeli special forces troops dressed in women’s clothing had entered a Khan Younis home undercover and killed one man on Monday morning, before arresting his wife and child. Israeli media named him as Ahmad Sarhan, and reported he was a senior member of the military wing of the Popular Resistance Committees – a ************ militant group aligned with ******. The IDF has previously said the expanded Gaza operations are aimed at “achieving all the war’s objectives”, including releasing hostages and “the defeat of ******”. But a group representing many of the hostage’s families said the operation posed “grave and escalating dangers” to hostages still held in Gaza. “Testimonies from released hostages describe significantly worsened treatment following military strikes, including physical abuse, restraint and reduced food,” the Hostages and Missing Families Forum said. On Sunday, Israel announced it would allow a “basic amount of food” to enter Gaza to ensure that “no starvation crisis develops” after blockading the territory for 10 weeks. The war was triggered by the ******-led attacks on southern Israel on 7 October 2023, which saw about 1,200 people killed and 251 taken hostage. Some 58 hostages remain in Gaza, up to 23 of whom are believed to be alive. More than 53,000 Palestinians have been killed during Israel’s military campaign in Gaza. Source link #Israel #orders #Khan #Younis #evacuation #ahead #unprecedented #attack Pelican News View the full article at [Hidden Content]

Yakuza 0 comparison video shows the Switch 2 and PS4 versions side-by-side Yakuza 0 comparison video shows the Switch 2 and PS4 versions side-by-side A new comparison video shows how the Switch 2 version of Yakuza 0 looks compared to the PS4 version. ***** recently posted a number of short videos to its YouTube channel highlighting the new English voice dub for the Switch 2 ‘Director’s Cut’ of the game. YouTube user Cycu1 has taken these clips and put them side-by-side with the corresponding moments in the PS4 version of the game, allowing for a direct comparison between the two. This video can be seen embedded at the top of this article. Because both versions are taken from online videos and weren’t both captured by the user with the same capture equipment, the comparison is subject to potential caveats (one version might be more compressed than the other, for example). As a rough comparison, however, it’s appears that the Nintendo Switch 2 version at least holds its own against the PS4 version. The Director’s Cut version of Yakuza 0, which will be exclusive to Switch 2 and is released on the console’s launch date of June 5, features new, never-before-seen cutscenes along with a new English dub (the original game only had a Japanese dub with English subtitles. It also includes a new Red Light Raid online four-player mode with up to 60 playable characters. Although Yakuza 0 was the sixth main entry in the Yakuza / Like a Dragon game to be released, it’s set chronologically before any other game in the series. As such, while the original Yakuza is technically the starting point for anyone new to the series, some fans recommend that newcomers start with Yakuza 0 first because it’s the first game in the timeline. Yakuza 0 was originally released on PS3 and PS4 in Japan back in 2015, before the PS4 version got a worldwide release in 2017. This was followed by a PC port in 2018 and an Xbox One version in 2020. Source link #Yakuza #comparison #video #shows #Switch #PS4 #versions #sidebyside Pelican News View the full article at [Hidden Content]

More Games Can Learn From Doom: The Dark Ages’ Fight Over Flight Approach More Games Can Learn From Doom: The Dark Ages’ Fight Over Flight Approach DigitalFoundry: Want to know more about Doom: The Dark Ages and the technical make-up of the new id Tech 8? John Linneman has this extensive interview with id Software’s Director of Engine Technology, Billy Khan. Every key aspect of the new technology is discussed here, along with answers to key questions like why The Dark Ages simply isn’t possible without hardware accelerated ray tracing. Source link #Games #Learn #Doom #Dark #Ages #Fight #Flight #Approach Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Israel allowing in food after pressure from allies, PM says Israel allowing in food after pressure from allies, PM says Israel’s prime minister has said his decision to allow a “minimal” amount of food into Gaza after 11 weeks of blockade followed pressure from allies in the US Senate. “We must not reach a situation of famine, both from a practical and a diplomatic standpoint,” Benjamin Netanyahu stressed in a video in response to criticism of the move in Israel. He said food deliveries would continue only until Israel’s military and American companies had set up hubs to distribute aid under US-backed plan that the UN has rejected. Netanyahu also declared that Israeli forces would “take control of all areas” of Gaza as part of the expanded ground offensive against ****** that the Israeli military began on Sunday. Meanwhile, Israeli air strikes killed at least 20 people across the territory on Monday, according to first responders and hospitals. The Israeli military said it had struck more than 160 targets over the past day. It also ordered the evacuation of the southern city of Khan Younis and its eastern suburbs, warning residents that it was about to launch an “unprecedented attack” there. Israel stopped all deliveries of humanitarian aid and commercial supplies to Gaza on 2 March and resumed its military offensive two weeks later, ending a two-month ceasefire with ******. It said the steps were meant to put pressure on the armed group to release the hostages still held in Gaza. The resumed Israeli bombardment and ground operation have reportedly killed more than 3,000 people and displaced 400,000 others, and the UN says that the blockade has caused severe shortages of food, medicine and fuel. Last week, the ******-run health ministry reported that 57 children had died from the effects of malnutrition over the past 11 weeks, and an assessment by the UN-backed Integrated Food Security Phase Classification (IPC) warned that half a million people – one in five Gazans – faced starvation. The UN said Israel was obliged under international law to ensure food and medical supplies for Gaza’s population. But Israeli officials repeatedly said there was no shortage of aid because thousands of lorry loads had gone into Gaza during the ceasefire, and accused ****** of stealing supplies. But after pressure from its allies increased, the Israeli prime minister’s office announced on Sunday night that it would “allow a basic quantity of food to be brought in for the population in order to make certain that no starvation crisis develops in the Gaza Strip”. Key members of the cabinet strongly opposed the move. Among them were far-right National Security Minister Itamar Ben-Gvir, who called it a “grave mistake” that would “fuel ****** and give it oxygen while our hostages languish in tunnels”. In a video posted on social media on Monday, Benjamin Netanyahu defended himself from the criticism. “Since the beginning of the war, we said that in order to achieve victory – to defeat ****** and to free all our hostages, two missions that are intertwined – there is one necessary condition: We must not reach a situation of famine, both from a practical and a diplomatic standpoint,” he said. The prime minister said he had blocked aid deliveries via the UN and other humanitarian organisations because of looting by ******, and that he was now pursuing a “different method” involving American companies distributing aid from hubs secured by the Israel Defense Forces (IDF). However, he warned that a “red line” was now approaching and “our best friends in the world, [US] senators whom I know as passionate supporters of Israel” had expressed concern about a looming famine. “They come to me and say this: ‘We’re giving you all the support to achieve victory… But there’s one thing we cannot accept. We cannot handle images of starvation.'” “And so, in order to achieve victory, we must somehow solve this problem. Until we establish those distribution points, and until we build a sterile area under IDF control for distributing food and medicine, we need to provide a minimal, basic bridge – just enough to prevent hunger,” he added. Israeli Army Radio reported that nine lorries carrying humanitarian aid, including baby food, would cross into Gaza on Monday, but there was no immediate confirmation from Cogat, the Israeli military body that controls crossings. The UN Office for the Co-ordination of Humanitarian Affairs (Ocha) meanwhile said it had been “approached by Israeli authorities to resume limited aid delivery, and we are in discussions with them now on how this would take place given the conditions on the ground”. UN and other aid agencies have insisted they will not co-operate with the Israeli-US plan to distribute aid, saying it contradicted fundamental humanitarian principles. Netanyahu also said Israeli forces were engaged in “massive fighting” in Gaza and were making progress. “We are going to take control of all areas of the Strip, that’s what we’re going to do,” he said. He said the “main objective” of the expanded offensive was to defeat ****** and that it would lead to the release of the 58 remaining hostages, up to 23 of whom are believed to be alive. While negotiators for Israel and ****** remain in Qatar, both sides say there has been no breakthrough in a new round of indirect talks on a ceasefire and hostage release deal. Israel launched a military campaign in Gaza in response ******’s cross-border attack on 7 October 2023, in which about 1,200 people were killed and 251 others were taken hostage. At least 53,475 people have been killed in Gaza since then, including 3,340 since the Israeli offensive resumed, according to the territory’s health ministry. Source link #Israel #allowing #food #pressure #allies Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Pit Cat is a physics-based, trajectory-calculating puzzler Pit Cat is a physics-based, trajectory-calculating puzzler Pit Cat sees you launching an unfortunate cat around the level Predict trajectories to launch him and avoid obstacles as you ricochet It’s a good thing that he always lands on his feet! In gaming, it’s not uncommon for a puzzler to lean heavily into the cuteness of its main character over the difficulty of its gameplay. Just look at something like Hello Kitty Friends Match, for example. But occasionally, a developer like Juanma Altamirano manages to marry cutesy stylisation with genuinely challenging puzzles. Yes, despite appearances, Pit Cat is not made for the faint of heart or those lacking skill at puzzles. This newly-released puzzler definitely may have an adorable cat as its main character, but it’s not short on challenge. As it’s your job to guide Pit through 100 levels, launching him with precise aim to bounce around a level. Of course, in your way are a variety of obstacles you’ll need to avoid. Sometimes it’ll take multiple launches as you bounce from object to object, and you’ll need to precisely calculate the trajectory to ensure that Pit doesn’t go flying off course! Bad luck Despite the decidedly odd concept, Pit Cat is a surprisingly straightforward little puzzler. And undoubtedly the cute-looking, stylised little Pit is sure to be adorable enough to elicit an aww from all but the most jaded of players. And with 100 different levels, it means you have plenty of time to get to grips with the mechanics of this puzzler. By the looks of it, if you’re not a fan of precision, this may not be for you, but if you like putting your skills of perception and prediction to the test, then Pit Cat offers a good compromise between a more difficult puzzler and a casual one. But if Pit Cat still isn’t enough to scratch that mental itch, don’t fret. You can always dig into our list of the top 25 best puzzlers on iOS and Android to find a huge variety of top brain-busting releases! Source link #Pit #Cat #physicsbased #trajectorycalculating #puzzler Pelican News View the full article at [Hidden Content]

Klarna doubles losses in first quarter as IPO remains on hold Klarna doubles losses in first quarter as IPO remains on hold Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Klarna saw its losses jump in the first quarter as the popular buy now, pay later firm applies the brakes on a hotly anticipated U.S. initial public offering. The Swedish payments startup said its net loss for the first three months of 2025 totaled $99 million — significantly worse than the $47 million loss it reported a year ago. Klarna said this was due to several one-off costs related to depreciation, share-based payments and restructuring. Revenues at the firm increased 13% year-over-year to $701 million. Klarna said it now has 100 million active users and 724,00 merchant partners globally. It comes as Klarna remains in pause mode regarding a highly anticipated U.S. IPO that was at one stage set to value the SoftBank-backed company at over $15 billion. Klarna put its IPO plans on hold last month due to market turbulence caused by President Donald Trump’s sweeping tariff plans. Online ticketing platform StubHub also put its IPO plans on ice. Prior to the IPO delay, Klarna had been on a marketing blitz touting itself as an artificial intelligence-powered fintech. The company partnered up with ChatGPT maker OpenAI in 2023. A year later, Klarna used OpenAI technology to create an AI customer service assistant. Last week, Klarna CEO Sebastian Siemiatkowski said the company was able to shrink its headcount by about 40%, in part due to investments in AI. Source link #Klarna #doubles #losses #quarter #IPO #remains #hold Pelican News View the full article at [Hidden Content]

Iran and Britain summon envoys over alleged spying in *** Iran and Britain summon envoys over alleged spying in *** Britain and Iran have summoned each others envoys after three Iranians were charged with spying in the ***. The IRNA news agency said the British charge d’affaire was asked on Sunday to give an explanation for what it said was “unjustified” and “politically motivated” arrests. On Monday, the Foreign Office responded by summoning Tehran’s ambassador to the *** following the charges. Three Iranian men were arrested on 3 May and appeared in court in London on Saturday charged with spying for the Islamic republic. It said the government “is clear that protecting national security remains our top priority and Iran must be held accountable for its actions”. “The summons follows this weekend’s announcement which stated that three Iranian nationals had been charged with engaging in conduct likely to assist a foreign intelligence service,” it added. The alleged spying took place from August 2024 to February 2025, according to the Metropolitan Police. Police identified them as Mostafa Sepahvand, 39, Farhad Javadi Manesh, 44, and Shapoor Qalehali Khani Noori, 55, all living in London. A fourth man was arrested on 9 May as part of the investigation, but has been released without charge, the Met said. The three men, who arrived in the *** between 2016 and 2022, were granted temporary leave to remain after claiming asylum. It is alleged they carried out surveillance with a view to locating journalists associated with Iran International. Iran International produces coverage that is critical of the current regime in Iran and has been proscribed in Iran as a terrorist organisation. “Iran must be held to account for its actions,” Home Secretary Yvette Cooper said in a statement following Saturday’s charges. “We must also strengthen our powers to protect our national security as we will not tolerate growing state threats on our soil,” she added. It comes as five other Iranian men were arrested on the same day in London, Swindon, Stockport, Rochdale and Manchester as part of a separate counter-terrorism investigation. Four of the men – who had been held on suspicion of preparation of a terrorist act – had been released from custody, although the investigation “remains active and is ongoing”, police said. The fifth man was earlier bailed to an unspecified date in May. Source link #Iran #Britain #summon #envoys #alleged #spying Pelican News View the full article at [Hidden Content]

Hollow Knight: Silksong Returning NPC Wish List Hollow Knight: Silksong Returning NPC Wish List Team Cherry may be flipping Silksong’s story to Pharloom, but there are a number of NPCs that could feature once more in Hollow Knight’s next chapter. Source link #Hollow #Knight #Silksong #Returning #NPC #List Pelican News View the full article at [Hidden Content]

Mass Effect 4’s Dialogue Could Take a Page Out of Baldur’s Gate 3’s Book Mass Effect 4’s Dialogue Could Take a Page Out of Baldur’s Gate 3’s Book just_looken202d ago The fact you can alter/remove entire quest lines do too what you did on me1 in me3 or all those endings was one thing but then you remember that one team made mass effect 1-3 dragon age 1-3 in one console generation is just a insane feat that they did. Great games but looking at mass effect 4 anthem current dragon age reviews/gameplay and who is left at bioware i have very little expectation on the new mass effect games. Also last year that teaser trailer the look to me was not mass effect like why are we wearing a trench coat in space and at the same time trying to give off destiny vibe/look. Just looked liked a starfield player made a n7 clothing mod yes it looks really good but to me a mass effect player just not a in the mass effect world vibe if you get me. Like the end part what is that player now trying to be in a western? so much going on that again to me not mass effect. Like look at this 57 second teaser for mass effect 3 to me this sets the tone way better and shepard looks like he belongs in space no bike helmet/trench coat deal and the weapons/look feels mass effect SO yeah i think the new mass effect is gong to be bad low expectations over here. Heck one more 2005 teaser for mass effect one 20 year old footage give or take it was made in 2004 again shows the animations characters in light and looks like a sifi game Source link #Mass #Effect #Dialogue #Page #Baldurs #Gate #Book Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Valve deckard VR headset described as ‘quite amazing’ but there’s still no word on its launch Valve deckard VR headset described as ‘quite amazing’ but there’s still no word on its launch Lynx founder described Valve Deckard as “quite amazing” They didn’t share any specific details, but said they share Valve’s suppliers Other leaks have teased an impressive but pricey Quest 3 rival While Google makes a fuss about Android XR, Meta continues its Meta Quest 3 supremacy, and Apple apparently leaks its Vision Pro affordability plans to Bono, Valve has been quietly working away in the background on its next headset – and it’s already being described as “quite amazing.” That’s according to Stan Larroque – the founder of Lynx which created the inventive Lynx R1 headset I demoed back in 2023 – who said on social media that “The design of Valve next HMD is quite amazing!” He didn’t elaborate on what makes Deckard particularly neat, saying that he’d be “*******” if someone leaked details about Lynx’s next XR device, but he did at least hint at why he knows the Valve device. You may like In a follow-up post, he said, “The HMD-making world is so small, we all share the same suppliers for some components.” I would be equally ******* if Lynx nextgen ID got leaked so I won’t share more. I’m just excited for good new XR HMDs. The HMD-making world is so small, we all share the same suppliers for some components.May 17, 2025 Valve’s VR headset 2.0 While leaks should be taken with a pinch of salt, if Valve is sharing design details with suppliers and sourcing parts for Deckard, this does suggest the device could be nearing (or already in) production, and that an official reveal could be approaching. This is supported by claims from April that Valve has been receiving VR headset parts and machinery to potentially start producing some kind of headset in the US – likely to dodge some of the ongoing tariffs imposed on imports. Again, a sign that Deckard is almost ready to drop. When it does, other leaks have given us some details Larroque wasn’t keen to reveal. Sign up for breaking news, reviews, opinion, top tech deals, and more. For example, a Valve Deckard proof of concept was a standalone design (rather than tethered) and reportedly offered 2K LCD panels for its display setup, and was powered by a SnapDragon 8 Gen 3 – the same chipset as the Samsung Galaxy S24 Ultra (via Upload VR). The Samsung Galaxy S24 Ultra (Image credit: Future) This chipset would be newer than the Snapdragon XR 2 Gen 2 in other modern headsets like the Meta Quest 3, though it isn’t a dedicated XR chipset, so it feels likely that a different processor will feature in the final Deckard design (maybe an XR2 Gen 3). The headset also looks to rely on controllers (codenamed Roy), which closely resemble the Meta Quest 3’s handsets (via UploadVR). Just expect it to be pricey. One rumored bundle for the new Valve Deckard VR headset will supposedly cost $1,200, which includes some games as well as two controllers. Hopefully, Valve won’t be keeping us in the dark about Deckard for much longer – perhaps it’s waiting for the Android XR hype surrounding Google I/O to die down before stealing the spotlight – but we’ll have to wait and see. You might also like Source link #Valve #deckard #headset #amazing #word #launch Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

‘Could have handled that better’: Ex-Victorian Liberal leader Pesutto reflects on costly Deeming fallout ‘Could have handled that better’: Ex-Victorian Liberal leader Pesutto reflects on costly Deeming fallout Former Victorian Liberal leader John Pesutto has spoken publicly about his legal battle with Moira Deeming, admitting on national television he could have handled the situation “better”. Mr Pesutto appeared on the ABC’s Q&A on Monday night, where he was questioned by audience member Adeline about the treatment of women in the Liberal Party, specifically referencing the Deeming saga. “Do you think the Liberal Party is haemorrhaging votes due in large part to the lack of empathy and tolerance for female dissenters within the party ranks?” she asked. “I’m talking specifically about the witch-hunt against Moira Deeming and the lack of accountability you have demonstrated when dealing with female people in your own party.” Camera IconAudience member Adeline asked Mr Pesutto about the treatment of women in the Liberal Party, specifically referencing the Deeming saga. ABC Credit: ABC Mr Pesutto responded by defending his intentions at the time but admitted there were missteps. “The issue over which I took action back in March 2023 … was one that was understanding that there are divided views over how we mediate between competing rights when it comes to gender identity and equality before the law,” he said. Ms Deeming sued Mr Pesutto for defamation and won her Federal Court case in December last year. Justice O’Callaghan found Mr Pesutto had defamed Ms Deeming in radio interviews, a press conference and in Liberal Party documents by conveying she knowingly associated, or sympathised, with neo-Nazis and white supremacists. He awarded her $300,000 in damages. But Mr Pesutto was handed a hefty blow on Friday when Federal Court senior judicial registrar Alison Legge ordered Mr Pesutto to pay $2,308,873 to cover Ms Deeming’s legal costs. Reflecting on the latest development, Mr Pesutto said he was trying to position the Liberal Party as a “broadbased” movement following a series of election defeats. “While I was acting in good faith, I do accept now and I acknowledge that I could have handled that better,” he said. I was early in my leadership. No excuse. But I don’t go by a day where I don’t think about what I could have done differently or better. “And I’m better for the reflection. Not happy with the results, but I do accept that I could have handled things a bit better.” Camera IconMr Pesutto said he was trying to position the Liberal Party as a “broadbased” movement following a series of election defeats. ABC Credit: ABC Mr Pesutto said his aim was always to help the party reconnect with the community. “We keep losing. We keep losing people. And so I’m trying to bring them back to the party. I could have done that better and I accept that.” NSW Liberal Senator Dave Sharma also weighed in and said he was “not particularly comfortable” with public figures and politicians suing one another for defamation, warning such cases could have a “chilling effect” on political debate. “I think if you’re hit with a cost sort of like John has been, that is life-altering and bankrupting,” Mr Sharma said. He acknowledged the comparison made by Mr Pesutto that prompted outrage among Ms Deeming and her supporters, but said public figures typically have the platform to respond to criticism and that defamation lawsuits between politicians risk becoming battles of financial resources. Camera IconDave Sharma Liberal Senator for NSW appearing on Q and A. 19/5/2025. ABC Credit: ABC Mr Pesutto later spoke about the legal costs, acknowledging the burden but stressing the importance of keeping things in perspective. “It is true that I have a large legal bill confronting me,” he said, before drawing attention to the everyday hardships faced by Australians from terminal illness and addiction to homelessness and loss. “I do not under any circumstances want anyone to think that I would ever consider my plight remotely comparable to the real problems,” he said. “I’ll work out my stuff. I’ll deal with that … I will always keep doing the work but always keep perspective. I want you all to know we all should be grateful and I certainly am for what I have and I don’t ever want anyone to think that I would compare myself to that”. Source link #handled #ExVictorian #Liberal #leader #Pesutto #reflects #costly #Deeming #fallout Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Mary Trump Offers The Bleakest Truth About Her Uncle And His Closest Allies: ‘It’s Grim’ Mary Trump Offers The Bleakest Truth About Her Uncle And His Closest Allies: ‘It’s Grim’ Mary Trump, the niece of President Donald Trump, didn’t hold back Sunday when asked whether her uncle’s inner circle genuinely likes him or simply sticks by him out of fear of losing their jobs. “No. Nobody likes Donald,” said Mary Trump, a trained clinical psychologist who has been one of her relative’s most vocal critics, during a live Q&A session that she broadcast on social media. “He’s unlikable and he’s unlovable,” she added of the president. “The fact that he’s unlovable is his greatest tragedy and trauma — but it’s also very bad for us,” she said. Mary Trump has been estranged from the president for some time and published a tell-all book in 2020, “Too Much and Never Enough,” that alleged a litany of embarrassing truths about her uncle. Mary Trump used the dynamics between her uncle and his longtime adviser Stephen Miller to prove her point. Trump likes anti-immigration hardliner Miller because he toadies up to him and does anything he asks, Mary Trump said. In return, she said, Miller likes that the president “doesn’t reject him” for who he is. “The rest of them? They’re there for the access, the power and/or because they don’t want to lose their jobs,” she said. “So, it’s grim. But that’s just the way it is.” Watch from the 20-minute mark here: Related… Source link #Mary #Trump #Offers #Bleakest #Truth #Uncle #Closest #Allies #Grim Pelican News View the full article at [Hidden Content]

Klarna doubles losses in first quarter as IPO remains on hold Klarna doubles losses in first quarter as IPO remains on hold Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Klarna saw its losses jump in the first quarter as the popular buy now, pay later firm applies the brakes on a hotly anticipated U.S. initial public offering. The Swedish payments startup said its net loss for the first three months of 2025 totaled $99 million — significantly worse than the $47 million loss it reported a year ago. Klarna said this was due to several one-off costs related to depreciation, share-based payments and restructuring. Revenues at the firm increased 13% year-over-year to $701 million. Klarna said it now has 100 million active users and 724,00 merchant partners globally. It comes as Klarna remains in pause mode regarding a highly anticipated U.S. IPO that was at one stage set to value the SoftBank-backed company at over $15 billion. Klarna put its IPO plans on hold last month due to market turbulence caused by President Donald Trump’s sweeping tariff plans. Online ticketing platform StubHub also put its IPO plans on ice. Prior to the IPO delay, Klarna had been on a marketing blitz touting itself as an artificial intelligence-powered fintech. The company partnered up with ChatGPT maker OpenAI in 2023. A year later, Klarna used OpenAI technology to create an AI customer service assistant. Last week, Klarna CEO Sebastian Siemiatkowski said the company was able to shrink its headcount by about 40%, in part due to investments in AI. Source link #Klarna #doubles #losses #quarter #IPO #remains #hold Pelican News View the full article at [Hidden Content]

Buybacks and Big-Time Developments: 3 Stocks Making Huge Moves Buybacks and Big-Time Developments: 3 Stocks Making Huge Moves Several large-cap stocks recently announced buybacks worth billions, boosting their ability to return capital to shareholders. However, these names also have other important recent developments surrounding them that have big implications for shareholders. One company is joining forces with a top Warren Buffett stock pick to give itself a big source of future revenue. Another announced a huge foreign AI deal, and the last company is now returning capital to shareholders in multiple ways. All data used is as of the May 16 close. Weyerhaeuser: Teaming Up With a Buffett-Favorite for Long-Term Revenue Generation First up is Weyerhaeuser (NYSE:). Weyerhaeuser is one of the world’s largest owners of timberland, controlling millions of acres of forest used to grow and harvest timber. The company is also one of the largest producers of wood products in North America. Weyerhaeuser recently announced a share buyback program worth $1 billion. The company has spent almost $100 million in buybacks so far in 2025, which completed its previous $1 billion buyback program. For Weyerhaeuser, $1 billion represents around 5% of the company’s market capitalization. The company also has a very solid indicated dividend yield of around 3.2%. For Weyerhaeuser, the other important news was an update on its partnership with one of Warren Buffett’s biggest recent bets. Weyerhaeuser has a partnership with Occidental Petroleum (NYSE:) to capture and sequester carbon dioxide (CO2) gas. Weyerhaeuser has agreed to lease 30,000 acres of underground space below its forest to store CO2. Occidental recently announced a 25-year agreement with CF Industries (NYSE:) and other partners to store 2.3 million tons a year of CO2 under Weyerhaeuser’s forest. The facility that CF Industries is building won’t be operational until 2029. However, once it is, Weyerhaeuser will have a long-term source of revenue that will cost the company relatively little. Weyerhaeuser will still continue to grow and harvest timber above the land. This agreement now lets Weyerhaeuser generate revenue from the underground area that it wasn’t making any money from before. Advanced Micro Devices: Billions in Buybacks and Saudi Business Next up is chip stock Advanced Micro Devices (NASDAQ:). AMD’s overall value is under 10% of NVIDIA’s (NASDAQ:). However, it is still NVIDIA’s biggest competitor in the graphics processing unit market. These are the highly advanced chips used to train frontier AI models. AMD recently announced a substantial $6 billion share buyback program. A key point in this announcement is that this repurchase adds to the $4 billion the company had left from its last buyback plan. Overall, AMD now has $10 billion in share buyback capacity. This is equal to over 5% of the stock’s market capitalization as of the May 16 close. The other huge piece of news was the deal AMD struck with Saudi Arabia. AMD announced a $10 billion deal with HUMAIN, a new AI company operated by the Saudi government, to supply AI computing technology. This comes as the Trump administration ended the AI Diffusion rule, clearing the path for U.S. chip companies to work with the country. This likely won’t be the last agreement struck by AMD and countries that have had their AI ambitions limited by the AI Diffusion rule. Western Digital: Post-SanDisk Split, Buybacks, and Dividends Are Ramping Up Last up is Western Digital (NASDAQ:). The company is among the leaders in the hard disk drive (HDD) and solid-state drive (SSD) market. This hardware stores information like electronic documents and program files on a personal computer. This also extends to storing information in cloud data centers, which accounted for 87% of its total revenue last quarter and saw growth of 38%. Western Digital announced a $2 billion share buyback program. This is equal to a very large 11% of the company’s market cap, highlighting the confidence the firm has in the future of its business. AI is set to increase data generation, which will create significant demand for the company’s products going forward. Note that the large drop in revenues last quarter is due to the firm’s separation from SanDisk and is not indicative of underlying weakness. In other big news, the company also announced it will begin paying a quarterly dividend. This will be the first time the firm has done so since 2020. Right off the bat, Western Digital has a notable dividend yield of around 0.8%. The company is now returning capital in two ways, a big benefit to shareholders. More Than Just Buybacks: A Broader Investment Thesis While billion-dollar buybacks grab headlines, the ******* picture for Weyerhaeuser, AMD, and Western Digital is their forward-looking strategies. Each company is leveraging unique partnerships, expanding into key growth areas, or re-engaging shareholders through dividends. For investors, these moves suggest real depth behind the capital returns and a reason to watch these stocks beyond the next quarter. Original Post Source link #Buybacks #BigTime #Developments #Stocks #Making #Huge #Moves Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]