Loading… Loading… Open-deck transportation marketplace EXO Freight closed its Chattanooga, Tennessee, office Tuesday, laying off 19 employees, including a few from its spot brokerage team in Royal Oak, Michigan, who were mainly operations-focused, co-founder and CEO Kurtis Tryber told FreightWaves. Tryber said it was an intentional move by the company to pivot from covering unprofitable
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INDICTED — 23-year-old man accused of running $100 million online narcotics marketplace The dark web’s Incognito Market allowed people to buy and sell narcotics worldwide. Dan Goodin – May 21, 2024 12:28 am UTC Enlargeullstein bild / Getty Images News reader comments 59 Federal authorities have arrested a 23-year-old Taiwanese national and charged him with
Gotta go fast — Does anyone really need a 1,000 Hz gaming display? TCL’s ultra-fast 4K LCD prototype has us musing about diminishing smoothness returns. Kyle Orland – May 20, 2024 10:13 pm UTC Enlarge / A better monitor refresh rate might help with all that motion blurring…Getty Images reader comments 68 Just a couple
Iteration — We take a stab at decoding SpaceXs ever-changing plans for Starship in Florida “On Artemis III, we anticipate using at least two of the launch sites: one at KSC and one at Starbase.” Stephen Clark – May 20, 2024 12:04 pm UTC Enlarge / SpaceX’s Starship tower (left) at Launch Complex 39A dwarfs
Loading… Loading… Coinbase Global COIN is set to report first-quarter 2024 earnings on May 2, after market close. The company delivered an earnings surprise in each of the last four reported quarters. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. Trading volumes in the first quarter are likely
disbanded — What happened to OpenAIs long-term AI risk team? Former team members have either resigned or been absorbed into other research groups. Will Knight, wired.com – May 18, 2024 3:54 pm UTC EnlargeBenj Edwards reader comments 127 In July last year, OpenAI announced the formation of a new research team that would prepare for
Loading… Loading… In a surprising turn of events, venture capital firm General Catalyst, an early investor of companies like Snap Inc., Stripe and Mistral, is on the brink of raising nearly $6 billion for tech start-up investments, despite the current fundraising drought in the sector. What Happened: General Catalyst could finalize its latest fund as
Magnets: how do they stop working? — How the perils of space have affected asteroid Ryugu Ryugu’s parent body appears to have had a fair amount of water present, too. Elizabeth Rayne – May 19, 2024 11:55 am UTC Enlarge / The surface of Ryugu. Image credit: JAXA, University of Tokyo, Kochi University, Rikkyo University,
Loading… Loading… In the latest market close, Upwork UPWK reached $11.37, with a +1.25% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 1.2% for the day. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 1.59%. Shares of the online freelance marketplace operator
Dept. of Accidental Investigations — How I upgraded my water heater and discovered how bad smart home security can be Could you really control someone’s hot water with just an email address? Kevin Purdy – May 17, 2024 11:00 am UTC Enlarge / This is essentially the kind of water heater the author has hooked
Montana lawmakers passed a bill on Friday banning TikTok from operating in the state amid growing concerns about the app’s suspected ties to the Chinese government. The bill was passed by the state House in a 5443 vote and now heads to Gov. Greg Gianforte’s desk. If Gianforte signs it into law, Montana will become
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set
Some young retirement savers say they might raid their 401(k) accounts to buy a home. Doing so, however, could be to their detriment, experts warn. Nearly one-third (30%) of aspiring homeowners say they plan to withdraw funds from their 401(k) plan to fund a purchase, according to the Real Financial Progress Index by BMO Financial
A “For Rent” sign is posted near a home in Houston, Texas, on Feb. 7, 2022. Brandon Bell | Getty Images Many Americans are sitting on low-interest-rate mortgages and could face a decision when it’s time to move: sell or rent out their existing property. That choice could be tricky, especially for those eager to
Municipals weakened further Tuesday in secondary trading as a large new-issue slate took focus in the primary market. U.S. Treasury yields fell and equities were in the black. Muni yields were cut up to seven basis points, depending on the scale, while UST yields fell two to three basis points, pushing muni to UST ratios
A California Senate committee received few details from the department charged with building a public broadband program on its plans to expand into underserved neighborhoods. The program faced criticism last year for prioritizing upscale cities, like Beverly Hills, over impoverished and middle-class areas, such as Los Angeles’ South Central region and Oakland, communities lacking in
Loading… Loading… In a surprising turn of events, venture capital firm General Catalyst, an early investor of companies like Snap Inc., Stripe and Mistral, is on the brink of raising nearly $6 billion for tech start-up investments, despite the current fundraising drought in the sector. What Happened: General Catalyst could finalize its latest fund as
Magnets: how do they stop working? — How the perils of space have affected asteroid Ryugu Ryugu’s parent body appears to have had a fair amount of water present, too. Elizabeth Rayne – May 19, 2024 11:55 am UTC Enlarge / The surface of Ryugu. Image credit: JAXA, University of Tokyo, Kochi University, Rikkyo University,
Loading… Loading… In the latest market close, Upwork UPWK reached $11.37, with a +1.25% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 1.2% for the day. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 1.59%. Shares of the online freelance marketplace operator
Dept. of Accidental Investigations — How I upgraded my water heater and discovered how bad smart home security can be Could you really control someone’s hot water with just an email address? Kevin Purdy – May 17, 2024 11:00 am UTC Enlarge / This is essentially the kind of water heater the author has hooked