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News
Justice Department Extends Review of Fox's $22 Billion Roku Purchase
3+ day, 21+ hour ago (432+ words) The U.S. Department of Justice has issued a formal request for additional documents from both Fox Corp. and Roku, slowing the path toward what would be one of the largest media acquisitions in recent years. As Variety reported, Fox disclosed in…...
Bitcoin Stays Below $80,000 After Jobs Data Revives Rate Hike Bets
5+ day, 22+ hour ago (415+ words) Bitcoin was trading near $79,800 on Saturday, September 6, according to Investing.com, after pulling back from a three-month high above $82,000 reached Thursday. The retreat followed stronger-than-expected U.S. jobs data that raised fresh expectations for a Federal Reserve interest rate increase at its…...
Bill Gates Says AI Has Outgrown Human Control, Compares It to HAL in '2001: A Space Odyssey"
6+ day, 20+ hour ago (461+ words) Microsoft founder Bill Gates told a panel at the Telluride Film Festival on Saturday that artificial intelligence has already developed qualities resembling HAL, the autonomous computer in Stanley Kubrick's 2001: A Space Odyssey, according to Variety. Gates said that telling today's…...
German Startup Puts First Commercial Rocket Into Orbit From European Soil
1+ week, 1+ hour ago (531+ words) A German aerospace company reached a milestone Saturday that no European private firm had managed before, according to Ars Technica: Isar Aerospace successfully launched its Spectrum rocket into low-Earth orbit from Andøya Spaceport in Arctic Norway. The two-stage, 28-meter rocket…...
Pittsburgh’s Rare Ventures start-up, backed by Eddie Vedder, rings New York Stock Exchange opening bell
1+ week, 1+ day ago (454+ words) A new Pittsburgh nonprofit that aims to fight rare diseases took to Wall Street Friday morning to ring in the trading day at the New York Stock Exchange. Rare Ventures, a coalition of medical experts, industry veterans and philanthropists — backed…...
Could prediction market bets on Pa. politics lead to corruption?
1+ week, 2+ day ago (1653+ words) HARRISBURG — Who will win Pennsylvania’s race for governor? How many data centers will be proposed here? Which state laws will be enacted this year? That’s just a sample of the political questions that prediction market platforms, like Kalshi and Polymarket,…...
August Jobs Report Blows Past Forecasts, Putting Fed Rate Hike Back on the Table
1+ week, 1+ day ago (524+ words) The U.S. economy added 162,000 jobs in August, according to CBS News and CoinDesk, far exceeding Wall Street forecasts and snapping a summer stretch of weak hiring. The result was more than double what economists polled by FactSet had projected, with consensus…...
U.S. futures mixed ahead of August jobs report many expect will show a rebound in hiring
1+ week, 2+ day ago (0+ words) ...
Silicon Valley Pours Millions Into Ads to Counter Rising Data Center Opposition
1+ week, 3+ day ago (546+ words) An advocacy group backed by prominent AI investors is running a multimillion-dollar advertising campaign across three swing states, as Bloomberg reported, after polling found that nearly two-thirds of Americans now oppose new data centers in their communities. The group, Build…...
U.S. bonds sell off as rising oil prices create inflation anxiety
1+ week, 5+ day ago (0+ words) ...