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Wall Street tumbles in its worst day since April after Trump threatens more tariffs on China

0 CommentsPolitics

NEW YORK (AP) — A monthslong calm on Wall Street shattered Friday, and U.S. stocks tumbled after President Donald Trump threatened to crank tariffs much higher on China. The S&P 500 sank 2.7% in its worst day since April. The Dow Jones Industrial Average dropped 878 points, or 1.9%, and the Nasdaq composite fell 3.6%. Stocks had been heading for a slight gain in the morning, until Trump took to his social media platform and said he’s considering “a massive increase of tariffs” on Chinese imports. He’s upset at restrictions China has placed on exports of its rare earths, which are materials that are critical…

‘I’m going to write about all of it’: author Chris Kraus on success, drugs and I Love Dick | Books

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Chris Kraus regards the late success of her first book, I Love Dick, with ambivalence. A work of autofiction, first published in 1997, it chronicles Kraus’s infatuation with a cultural theorist named Dick, a doomed, one-sided love affair that nonetheless pulls Kraus, a depressed, 39-year-old failing film-maker languishing in a sexless marriage, out of her personal and artistic rut. After a slow start, the book became a cult classic and in 2016 it was made into an Amazon Prime Video TV series, with Kraus played by Kathryn Hahn. “To me, success would have been like a long review in the…

Prezent raises $30 million to acquire AI services firms — starting with founder’s other company

0 CommentsTechnology

Prezent, a startup that offers an AI-powered presentation builder to enterprises, said today that it has raised $30 million in funding led by Multiplier Capital, Greycroft, and Nomura Strategic Ventures, with participation from existing investors like Emergent Ventures, WestWave Capital, and Alumni Ventures. The Los Altos, California, startup, which is now valued at $400 million, has raised over $74 million to date. It plans to use the new capital largely for acquisitions. The company has also made its first acquisition, buying Prezentium, founded by Deepti Juturu, a services-led presentation company that operates in the life sciences vertical. In an unusual…

3UP Campaign: National League delays kick-offs in support of extra promotion place campaign

0 CommentsSports

Every National League club wrote to the EFL board in February as part of the 3UP campaign, demanding the introduction of three promotion and relegation spots between the two leagues, beginning in the 2025-26 season.Despite talks taking place, that failed to come to pass, with the EFL saying that it intended to wait for the newly established Independent Football Regulator (IFR) to resolve funding disagreements before making alterations.The EFL also said any changes need to be part of a broader package of reforms across all levels of the game, but that the issue remains under consideration.Pearce added that the weight…

The Risk of Undoing Three Decades of Effort

0 CommentsBusiness

Key Takeaways Warren Buffett, chair and CEO of holding company Berkshire Hathaway, says stock splits often increase transaction costs, invite short-termism, and detach price from business value. Berkshire created low-denomination Class B shares in 1996, and later split them 50-for-1 in 2010 as a targeted exception to the rule, not as a reversal of principle. Buffett’s philosophy aims to attract “business-owner” investors. Warren Buffett has long argued against stock splits, as he believes they increase trading churn, invite short-term speculators, and detach the share price from underlying business value. Splits were one step Berkshire Hathaway would never take in Buffett’s view,…

BalajeS/WSL-For-FreeBSD: Experimental project to adapt the WSL2 open-source components to run on FreeBSD

0 CommentsEntertainment

⚡ Experimental Project – Running FreeBSD on WSL2 ⚡ This repository hosts work-in-progress efforts to run FreeBSD inside Windows Subsystem for Linux (WSL2) with minimal to no changes to the FreeBSD base system. The project builds on the open-source components of WSL2 to enable FreeBSD to boot and run seamlessly in a Windows environment. Enable FreeBSD to run natively on WSL2’s architecture Make minimal or no modifications to the FreeBSD base system Contribute improvements back to open-source components where possible 🚧 Work in Progress – This is an experimental personal project. FreeBSD boots successfully inside WSL2 Basic functionality is up…

Brooks and Capehart on Trump’s focus on reaching the Gaza peace deal

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Geoff Bennett: With President Trump celebrating victories abroad and targeting political enemies here at home, there is much to discuss tonight with Brooks and Capehart. That's New York Times columnist David Brooks and Jonathan Capehart of MSNBC.With a hello to you both. Jonathan Capehart: Hey, Geoff. Geoff Bennett: So both Israel and Hamas have agreed to phase one of the peace plan. We see the negotiations there on the screen. And that was followed by today celebrations in Israel and also along the Gaza Strip.I want to start with your reaction to this real breakthrough, Jonathan. Jonathan Capehart: Look, I'm…

Novak Djokovic knocked out of Shanghai Masters by world number 204 Valentin Vacherot

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Injury has been a problem all tournament for Djokovic and he vomited during his previous matches after struggling with the heat and humidity.The issues flared up again in Saturday's semi-final with the 38-year-old receiving medical treatment on several occasions.At the start of the seventh game, the former world number one had to take an extended medical break, lying on his stomach shirtless as a physio attended to his back.He received treatment again at the break but battled through into the second set.Despite visibly struggling, the Serb provided the Shanghai crowd with hopes of a comeback when he moved into a…

‘Rock stars would be like, Yeah, bring the kid in’: Cameron Crowe on his wild years as a teenage music journalist | Cameron Crowe

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Cameron Crowe has a vivid memory of the day he began filming his own life story. It was the summer of 1999 and he was back in his home city of San Diego, on the same streets where he had spent his surreal teenage years, flitting between suburban domesticity and his new life as a prodigious music writer, spending long weeks in the company of such 1970s gods as David Bowie, Fleetwood Mac, the Allman Brothers and Led Zeppelin.Shooting was about to begin on a scene in which his 15-year-old self – renamed “William Miller” and played by the unknown actor…

The billion-dollar infrastructure deals powering the AI boom

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It takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them. On a recent earnings call, Nvidia CEO Jensen Huang estimated that between $3 trillion and $4 trillion will be spent on AI infrastructure by the end of the decade — with much of that money coming from AI companies. Along the way, they’re placing immense strain on power grids and pushing the industry’s building capacity to its limit. Below, we’ve laid…