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Showing posts from October, 2023

The repricing of the bond market will drive a 40% decline in the price of America's office buildings by the end of next year, research firm says

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Office prices could see a 40% peak-to-trough decline by the end of next year, Capital Economics forecasted. OnTheWeb/Youtube The rise in bond yields could spark a price crash in the office sector, according to Capital Economics. That's because rising Treasury yields could impact cap rates on office buildings, which lowers prices.  Office prices could see a 40% peak-to-trough decline by the end of next year, the firm predicted. Soaring bond yields will have a hand in pushing the price of America's office properties down as much as 40% by the end of next year, according to Capital Economics.  The research firm pointed to the recent surge in Treasury yields, with the yield on the 10-year bond recently hitting 5% for the first time since 2007.  The 10-year yield could ease to around 3.75% in 2024 before surging back up to 4% in 2025, the firm predicted in a note on Tuesday. That's likely because the neutral real interest rate — the interest rate that neither expan...

Infoblox discovers a threat actor that has provided link shortening services to cybercriminals for over four years, registering ~75K domains since April 2022 (Ionut Ilascu/BleepingComputer)

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Ionut Ilascu / BleepingComputer : Infoblox discovers a threat actor that has provided link shortening services to cybercriminals for over four years, registering ~75K domains since April 2022   —  An actor that security researchers call Prolific Puma has been providing link shortening services to cybercriminals for at least four years … from Techmeme https://ift.tt/xJZgmGS

DeepMind CEO Demis Hassabis pushes back on claims by Meta's Yann LeCun that he, Sam Altman, and Dario Amodei are fearmongering to achieve AI regulatory capture (Ryan Browne/CNBC)

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Ryan Browne / CNBC : DeepMind CEO Demis Hassabis pushes back on claims by Meta's Yann LeCun that he, Sam Altman, and Dario Amodei are fearmongering to achieve AI regulatory capture   —  - Google DeepMind boss Demis Hassabis told CNBC that the company wasn't trying to achieve “regulatory capture” when it came to the discussion on how best to approach AI. from Techmeme https://ift.tt/Vybzj3x

Lauren Boebert upends her campaign strategy after the Beetlejuice scandal, apologizing to constituents and reaching out to local newspapers she'd previously criticized

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Rep. Lauren Boebert of Colorado. AP Photo/Jerry McBride Rep. Lauren Boebert is shifting her campaign strategy as she faces another tough challenge in 2024. The GOP congresswoman has been making amends with constituents and local newspapers, per the AP. The change of heart comes after her close 2022 race and a Beetlejuice scandal that made national news. Rep. Lauren Boebert 's political brand has been rooted in a no-holds-barred form of conservatism, animated by the party's increasing shift to the right and a firm embrace of former President Donald Trump. But Boebert has seemingly read the political tea leaves in her Colorado district, having apologized to constituents over her Beetlejuice scandal which made national headlines while also seeking to make amends with newspapers that she had previously criticized, according to The Associated Press . "Her misstep in 2022 was not being as focused on (the district), so she's making adjustments to not make that mis...

Baidu's Chinese-language maps and Alibaba's Amap are not showing Israel's name, confusing users and matching Beijing's vague diplomacy toward the country (Wall Street Journal)

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Wall Street Journal : Baidu's Chinese-language maps and Alibaba's Amap are not showing Israel's name, confusing users and matching Beijing's vague diplomacy toward the country   —  Internet users in China are expressing bewilderment that the name Israel doesn't appear on leading online digital maps from Baidu and Alibaba … from Techmeme https://ift.tt/UaDgMwP

Research details how vulnerabilities in signaling protocols used by mobile network operators for international roaming can be exploited to geolocate devices (The Citizen Lab)

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The Citizen Lab : Research details how vulnerabilities in signaling protocols used by mobile network operators for international roaming can be exploited to geolocate devices   —  Table of Contents  —  2. Geolocation Attacks Against Telecommunications Networks  —  4. Incentives Enabling Geolocation Attacks from Techmeme https://ift.tt/SXImwoP

Photos show massive pro-Palestinian protests around the world following Israel's ground invasion into Gaza

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Police say approximately 70,000 people gathered in London, England on Saturday to protest Israeli attacks against Gaza. Mark Kerrison/In Pictures via Getty Images As Israel expands military operations in Gaza, people across the world are calling for a cease-fire. Hundreds of thousands of pro-Palestinian protesters took to the streets this weekend. Tens of thousands of protesters flooded the streets of London, New York City, and San Francisco. Hundreds of thousands of Pro-Palestinian protesters across the world have staged demonstrations in the last several days. Cities across the world saw large protests this weekend after the Israel Defense Forces launched expanded military operations in Gaza on Saturday. The IDF said Sunday its forces had struck more than 450 targets over the weekend, The Associated Press reported. The ground invasion finally came after weeks of Israeli airstrikes, which it launched on Gaza following a series of surprise attacks on Israel by Hamas, the ...

A woman is suing SharkNinja for claiming that its frying pan is made at temperatures hotter than the sun

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SharkNinja's nonstick pans are manufactured at a maximum temperature of 30,000°F — almost three times the temperature of the sun's surface. Picture created via Dall-E 2 SharkNinja says its frying pans have a stronger nonstick coating because they're made at 30,000°F.  That's as hot as certain parts of the sun , which is only 10,340°F at its surface. A new lawsuit argues the company's claim is misleading and defies the laws of physics. Is there a limit on how hot a frying pan can get ? SharkNinja claims that its nonstick pans are manufactured under a maximum temperature of 30,000°F, which is almost three times hotter than the surface of the sun . The company says the super hot temperature ensures that the nonstick coating on its pans is more resistant than competitor pans made at lower temperatures. In a proposed class-action lawsuit filed against the company, New Jersey native Patricia Brown argues that SharkNinja's claims are physically impossible. ...

Where to watch Fury vs Ngannou live stream: Global boxing PPV prices compared

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When you buy through our links, Insider may earn an affiliate commission. Learn more Chris Unger / Zuffa (Left), Warren Little / Getty Images (Right) Tyson Fury will finally return to the ring today when he touches gloves with challenger Francis Ngannou. The fight is on in Riyadh, Saudi Arabia, so there's an early 2 p.m. ET bell time for the main card. We'll get you set up with options to watch Fury vs. Ngannou live streams. See also: World Series live stream | How to watch NFL without cable Prizefighter Tyson Fury is currently the WBC and lineal heavyweight champion. Earlier this year, he was initially expected to fight Oleksandr Usyk to unify the heavyweight belts and determine the first new undisputed champion since Lennox Lewis reigned more than two decades ago, but those talks fell through. In the meantime, Usyk successfully defended his championship against Daniel Dubois when the two fought in August. Tonight's fight doesn't threaten an eventual title ...

Former Vice President Mike Pence is suspending his 2024 presidential campaign: 'This is not my time'

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Former Vice President Mike Pence. AP Photo/Alex Brandon Former Vice President Mike Pence said he is suspending his presidential run. "This is not my time," Pence said during his remarks. Pence failed to gain traction in the GOP primary as he went up against his former boss, Donald Trump. Former Vice President Mike Pence is suspending his presidential campaign, according to multiple sources . Pence made the announcement while speaking at Republican Jewish Coalition Summit, where he spoke of the need for the United States to continue aiding Israel. "I came here to say it's become clear to me: This is not my time," he said during his remarks. Pence, who served as vice president under President Donald Trump, launched his campaign by seeking to appeal to evangelical voters. But he struggled to gain traction in the 2024 Republican primary, continuing to linger in the shadow of Trump. This story is developing. Check back for updates. Read the original art...

AI fakes related to the Israel-Hamas war have been limited and unconvincing, but the possibility of such fakes circulating leads some to dismiss genuine content (New York Times)

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New York Times : AI fakes related to the Israel-Hamas war have been limited and unconvincing, but the possibility of such fakes circulating leads some to dismiss genuine content   —  Fakes related to the conflict have been limited and largely unconvincing, but their presence has people doubting real evidence. from Techmeme https://ift.tt/w6basdr

Where to watch free Australia vs. New Zealand live stream at the Cricket World Cup

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When you buy through our links, Insider may earn an affiliate commission. Learn more Watch Australia vs. New Zealand at the Cricket World Cup for free today. Pankaj Nangia (Stringe) / Getty Images Looking for help on where to watch an Australia vs. New Zealand live stream? We can help get you set up in just a few clicks, and even better, you can tune into this live Cricket World Cup match for free. This guide will also show you what other games you can see for free throughout the rest of the tournament, along with some paid alternatives if you want total coverage for every single game. New Zealand (3rd) begins the day two points ahead of Australia (4th), but both teams are looking likely to make it into the semi-finals even with a fair few games to go, such is the lack of consistency of most of the other teams at the Cricket World Cup this year. South Africa and India are flying high, but Pakistan is curiously off the pace, and England will be lucky if they don't finish botto...

X remains the go-to place for live updates and hot takes for sports fans and reporters and claims sports fans represent 42% of its audience (Jesus Jiménez/New York Times)

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Jesus Jiménez / New York Times : X remains the go-to place for live updates and hot takes for sports fans and reporters and claims sports fans represent 42% of its audience   —  Many users have migrated to other platforms since Elon Musk bought Twitter, but sports fans still find it indispensable. from Techmeme https://ift.tt/vgKhSkV

A US appeals court upholds a jury's ruling that Craig Wright wasn't in a legal partnership with the late David Kleiman and doesn't owe half of their mined BTC (Jack Schickler/CoinDesk)

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Jack Schickler / CoinDesk : A US appeals court upholds a jury's ruling that Craig Wright wasn't in a legal partnership with the late David Kleiman and doesn't owe half of their mined BTC   —  A Florida jury was right to say the self-proclaimed inventor of cryptocurrency wasn't in partnership with David Kleiman … from Techmeme https://ift.tt/ZQD4AVS

The stock market is riskier and more volatile than it was in past decades. Here's why.

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Spencer Platt/Getty Images The S&P 500 has become more volatile in recent years, according to research firm DataTrek. That's partly to do with bad luck and partly to do with unexpected events impacting the market.  The bigger factor is the massive growth of big tech stocks that make up more and more of the S&P 500. Stocks are a risky investment, but huge intraday swings and relentless volatility seem to have only grown more frequent and intense in recent years.  There are a number of factors that seem to have amplified volatility in large cap stocks, but according to DataTrek, the gains haven't necessarily increased in tandem with the risk.  "The S&P 500 has become noticeably more volatile over the last +60 years, but returns have not increased commensurately," DataTrek said in a note published Thursday. "A combination of factors has caused the shift, but Big Tech's relative overweight is driving this trend now. We still believe US lar...

A live blog of FTX co-founder Sam Bankman-Fried's testimony at his own criminal fraud trial in NYC over the collapse of his cryptocurrency exchange (Bloomberg)

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Bloomberg : A live blog of FTX co-founder Sam Bankman-Fried's testimony at his own criminal fraud trial in NYC over the collapse of his cryptocurrency exchange   —  Welcome to TOPLive.  FTX co-founder Sam Bankman-Fried is taking the witness stand at his own fraud trial in New York over the collapse of the cryptocurrency exchange. from Techmeme https://ift.tt/2iVoeUn

'Like rooting for Michael Jordan to play baseball': Here's how Wall Street is reacting to Alphabet's third-quarter earnings

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Google CEO Sundar Pichai. Justin Sullivan/Getty Images Alphabet stock fell as much as 10% on Wednesday after the company's third-quarter earnings report. The parent company of Google reported Cloud revenue that fell below analyst expectations. Here's how Wall Street analysts are reacting to Alphabet's third-quarter earnings report. Alphabet stock fell as much as 10% on Wednesday after investors reacted to the company's third-quarter earnings results. While revenue and profit beat analysts' estimates, driven in-part by strength in its Google and YouTube advertising business, its Cloud business grew revenue 22.5% to $8.41 billion, below Wall Street estimates of $8.62 billion and down from 28% growth in the second quarter. The slowdown at Alphabet contrasts with Microsoft's quarterly report that showed a reacceleration in growth in its Azure cloud unit.  Here's how Wall Street analysts are reacting to Alphabet's third-quarter earnings. Wedbush...

Sources: Apple plans an overhaul of its AirPods lineup, including AirPods Max with USB-C and two redesigned 4th-gen AirPods in 2024, and new AirPods Pro in 2025 (Mark Gurman/Bloomberg)

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Mark Gurman / Bloomberg : Sources: Apple plans an overhaul of its AirPods lineup, including AirPods Max with USB-C and two redesigned 4th-gen AirPods in 2024, and new AirPods Pro in 2025   —  - Company readies updates to entry-level, Pro and Max models  — After initial skepticism, AirPods are now a critical category from Techmeme https://ift.tt/TcK0O9B

Jamie Dimon warns against predicting what's next for the economy - and slams central banks for 'dead wrong' forecasts

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Jamie Dimon warned against predicting what's next for the economy. AP Photo JPMorgan's Jamie Dimon said central banks' outlook from 18 months ago was "100% dead wrong." He cautioned against making definitive economic forecasts, and said to prepare for a range of outcomes. Dimon is doubtful that central banks and governments can manage the coming turmoil. Jamie Dimon, the billionaire chief executive of JPMorgan Chase and one of Wall Street's most-watched commentators, said forecasters have missed the mark on their economic outlooks, and there's still reason for caution moving forward.  In a panel at the Future Investment Initiative Summit in Riyadh, Saudi Arabia, the banker called out governments and central banks, and said some more humility should be in order.  "Prepare for possibilities and probabilities, not calling one course of action, since I've never seen anyone call it," Dimon said, per multiple media reports. "I want...

Sources: Apple will update tvOS with a redesigned TV app around December and remove some of its dedicated apps on the Apple TV to steer more users to the TV app (Mark Gurman/Bloomberg)

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Mark Gurman / Bloomberg : Sources: Apple will update tvOS with a redesigned TV app around December and remove some of its dedicated apps on the Apple TV to steer more users to the TV app   —  - Company envisions one place for customers to find video  — Dedicated apps for buying movies and shows will be phased out from Techmeme https://ift.tt/LzBNQdl

California's DMV suspends Cruise's deployment and driverless testing permits, ending the GM self-driving car subsidiary's robotaxi operations in San Francisco (Kirsten Korosec/TechCrunch)

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Kirsten Korosec / TechCrunch : California's DMV suspends Cruise's deployment and driverless testing permits, ending the GM self-driving car subsidiary's robotaxi operations in San Francisco   —  The California Department of Motor Vehicles said Tuesday it has immediately suspended Cruise's deployment and driverless testing permits … from Techmeme https://ift.tt/JTeiYfS

California and 41 other US states sue Meta in federal and state courts alleging that Facebook and Instagram features are addictive and aimed at kids and teens (Lauren Feiner/CNBC)

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Lauren Feiner / CNBC : California and 41 other US states sue Meta in federal and state courts alleging that Facebook and Instagram features are addictive and aimed at kids and teens   —  - A bipartisan group of 42 attorneys general is suing Meta, alleging features on Facebook and Instagram are addictive and are aimed at kids and teens. from Techmeme https://ift.tt/PCSlRuv

'Stocks are the place to be': Wharton professor Jeremy Siegel says rising geopolitical risks represent a buying opportunity

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Getty Images Investors should favor stocks over bonds amid rising geopolitical risks and elevated inflation. Wharton professor Jeremy Siegel outlined the case for stocks in both the short and long-term. "Stocks climb the wall of worry. When there's no cloud in the sky, you're buying too high," Siegel said. Despite elevated inflation, volatile interest rates, and rising geopolitical risks, "stocks are the place to be," according to Wharton professor Jeremy Siegel. Siegel told CNBC on Monday that investors should continue to favor stocks over bonds as economic growth stays strong thanks to productivity growth, partially enabled by the growing adoption of artificial intelligence. Siegel observed that America's GDP growth in 2023 is about double the GDP growth of 2022 even as job gains this year are only half of the job gains seen last year. That dynamic highlights the current environment of productivity growth as company's get more efficien...

Adyen, an Amsterdam-based PayPal rival, has had its stock fall ~25% since August 17, when it dropped 35%+ following its report of lower-than-expected sales (Bloomberg)

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Bloomberg : Adyen, an Amsterdam-based PayPal rival, has had its stock fall ~25% since August 17, when it dropped 35%+ following its report of lower-than-expected sales   —  - Adyen shares halved since its semi-annual earnings report  — Co-CEO Pieter van der Does' stake is worth about €620 million from Techmeme https://ift.tt/evGqBRH

Q&A with Satya Nadella: AI as Microsoft's biggest opportunity, regrets on missing the mobile phone category, and doubling down as a game publisher and producer (Mathias Döpfner/Insider)

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Mathias Döpfner / Insider : Q&A with Satya Nadella: AI as Microsoft's biggest opportunity, regrets on missing the mobile phone category, and doubling down as a game publisher and producer   —  - Microsoft CEO Satya Nadella recently sat for an interview at Axel Springer's Berlin headquarters. from Techmeme https://ift.tt/VWY3Fwp

Analysis: the iPhone 15 lineup features ~10% costlier components than the iPhone 14 models; iPhone 15 Pro Max costs rose to $558, up 12% from iPhone 14 Pro Max (Nikkei Asia)

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Nikkei Asia : Analysis: the iPhone 15 lineup features ~10% costlier components than the iPhone 14 models; iPhone 15 Pro Max costs rose to $558, up 12% from iPhone 14 Pro Max   —  Apple largely shoulders costs of zoom camera and 3-nm chip: Nikkei analysis  —  South Korea provided 29% of the latest iPhone series' parts … from Techmeme https://ift.tt/cbGH4aI

Crunchbase: Black US founders raised ~$39.7M, or 0.13% of all capital allocated to startups in Q3 2023, down from $212M in Q2, $352M in Q1, and $1B in Q3 2022 (Dominic-Madori Davis/TechCrunch)

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Dominic-Madori Davis / TechCrunch : Crunchbase: Black US founders raised ~$39.7M, or 0.13% of all capital allocated to startups in Q3 2023, down from $212M in Q2, $352M in Q1, and $1B in Q3 2022   —  Black founders raised 0.13% of all capital allocated to U.S. startups in Q3, according to Crunchbase.  That's about $39.7 million out of $29.9 billion. from Techmeme https://ift.tt/GzBmi7T