Author: News Room
Third-party and independent candidates like Robert F. Kennedy Jr. are making an unusually strong showing in early polls of this fall’s presidential race – a finding that not only highlights a strain of dissatisfaction with Joe Biden and Donald Trump but also adds further uncertainty to what is shaping up to be a close contest between them. Across five national polls released in March and April – from Quinnipiac University, Fox News, Marquette Law School, NBC News and Marist College – Kennedy received an average of 13% support for his independent presidential bid when his name was explicitly included in the survey question, with independent candidate Cornel West and Green Party candidate Jill…
This is the published version of Forbes’ Future of Work newsletter, which offers the latest news for chief human resources officers and other talent managers on disruptive technologies, managing the workforce and trends in the remote work debate. Click here to get it delivered to your inbox every Monday! It’s Earth Day, and here in North America, calm and sunny spring days can make it easy to forget the sweltering summer that’s on its way. Yet within weeks, we’ll be reminded here in the U.S. of the dangers of extreme heat, its threat to business infrastructure as temperatures climb, and…
Shares of Mitek Systems (MITK) have been under pressure since the company reported Q1 2024 results on April 15 that fell slightly short of expectations. Specifically, revenue and adjusted earnings for the period declined 19.2% and 54.8% year-over-year to $36.9 million and 14 cents per share, missing analysts’ projections for $37.6 million and 15 cents. Worse, MITK burned through $9.7 million of cash during the quarter after generating positive free cash flow of $5.1 million in the prior-year period. However, I think sellers are overlooking a benefit in last year’s first quarter from a large one-time multi-year mobile deposit reorder…
Meta acquired a horde of GPUs in order to change its algorithm, not to build generative AI tools.However, Mark Zuckerberg decided to buy twice as many GPUs as Meta needed just in case”Our normal principle is there’s going to be something on the horizon that we can’t see yet.” When Mark Zuckerberg started amassing a large amount of GPUs in 2022, it was not for anything related to generative AI.Instead, the Meta CEO and co-founder was still focused on the metaverse and thought the graphics processing units, mostly from Nvidia, would be used for ranking content and a big change…
Russia and China appear to be actively looking into ways to watch and potentially incapacitate US satellites in space, and defense analysts are concerned.”China and Russia are both operating satellites that attempt to better understand high-value U.S. government satellites” and engaging in other alarming activities, analysts at the Washington-based Center for Strategic and International Studies said in the think tank’s 2024 Space Threat Assessment report. “These developments are concerning and will likely continue in the coming years.””Both Russia and China routinely maneuver their satellites near Western government and commercial satellites, sometimes remaining close by for months at a time,” the…
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Investing.com – U.S. stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.At the close in NYSE, the gained 0.67%, while the index added 0.87%, and the index added 1.11%.The best performers of the session on the were Goldman Sachs Group Inc (NYSE:), which rose 3.30% or 13.35 points to trade at 417.35 at the close. Meanwhile, JPMorgan Chase & Co (NYSE:) added 1.94% or 3.61 points to end at 189.41 and Procter & Gamble Company (NYSE:) was up 1.52% or 2.40 points to 160.54 in late trade.The worst performers of the…
Mexican Peso dips further despite upbeat economic figures from Mexico. Higher US yields, strong US Dollar continue to limit Peso gains, keeping it above crucial 17.00 level. Banxico Governor Victoria Rodriguez suggests that upcoming election risks are factored into inflation projections, maintaining policy stability. The Mexican Peso tumbles on Monday as the North American session reaches lunchtime, though it remains well below the year-to-date (YTD) low reached on April 19, when the USD/MXN rose toward 17.92. Positive economic data from Mexico failed to underpin the emerging market currency, while the US Dollar remains firm. The USD/MXN trades at 17.14, up…
EigenLayer, the biggest proponent and implementer of restaking, is starting to get rid of its training wheels. After briefly removing caps on staking with liquid staking tokens (LST), total value locked soared from $2.1 billion to 11.5 billion in ETH used for “restaking.” At its core, restaking is about increasing capital efficiency. ETH is a tremendously widespread and liquid asset, which makes it ideal for bootstrapping new proof-of-stake (PoS) protocols. The deal is simple: New networks get significant security from day one, while ETH stakers get to earn extra on the same assets they already hold. Restaking is quickly achieving…
Trump trial: Court adjourns with ex-National Enquirer publisher David Pecker set to resume testimony
A prosecutor on Monday told jurors that Donald Trump led a criminal hush money scheme to influence the 2016 presidential election, while Trump’s attorney argued there was nothing criminal — or even unusual — about the former president’s actions.”This case is about a criminal conspiracy” by Trump to “corrupt the 2016 election,” prosecutor Matthew Colangelo told the jury in his opening statements in Manhattan Supreme Court.”Then he covered up that criminal conspiracy by lying in his New York business records over and over and over again,” he said.”We’ll never know, and it doesn’t matter, if this conspiracy was a difference maker in…