Author: Elon Mark

South Korean crypto entrepreneur and prosecuted fraudster Do Kwon was sentenced to 15 years in prison by a US federal judge in the Southern District of New York on Thursday.Kwon cut a solemn figure as he was escorted into the courtroom by US Marshals, his head bowed, his cheeks sunken as if he’d lost a significant amount of weight. He wore a bright lemon-colored prison jumpsuit over a long-sleeve shirt, with cuffs around his waist and hands.In August, Kwon pleaded guilty to defrauding investors who purchased crypto coins issued by his company, Terraform Labs. In May 2022, the abrupt collapse…

The opening week of December brought another clear step down in ARA barge freight sentiment, with both middle distillates and light ends under pressure. Demand remained modest throughout the period, and by the end of the week, several operators openly reported multiple idle barges, heightening competition and pushing freight levels lower. The week was defined by low volumes, growing barge oversupply, and an early onset of the traditional December slowdown, as market participants increasingly opted to delay product movements into the new year. 1. Freight Rates: Steady Declines Across All Routes Rates fall as market starts December calmly. Middle distillates…

11 December 2025 6 min read Ever felt like you misplaced a 500-rupee note and found it months later in your pocket? Imagine this happening on a much bigger scale. Many of us open bank accounts at different life stages for different reasons. For example, maybe it was a fixed deposit your parents opened years ago in your name, and no one remembers it now. You might be sitting on money you don’t even know exists. What most people don’t realize is that forgotten accounts still hold the money inside them, becoming what banks call “the unclaimed deposits”. And, it…

Tariffs. Inflation. Historic corporate shake-ups and mergers. With all the factors the tech industry is facing, you might think the price of a common product like a laptop would have risen this year. But just the opposite has been happening.I’ve been watching laptop prices slowly drop throughout 2025, a trend that peaked during Black Friday and Cyber Monday. Regardless of the state of the economy, I feel like I can say that laptop prices have never been lower. Some of my favorite laptops have recently offered significant price cuts across Macs, Windows, and Chromebooks. In a time when money is tight…

This includes me. I’ve been wearing the heck out of True Classic’s black crew-neck, in the belief that the shirt makes a virtue out of a life well-enjoyed. And it apparently also includes WIRED senior editor Jeremy White. “To my shame,” averred White, “the ‘dad bod’ fit is perfect and the neck size is not too big, not too small, just right.”The True Classic is not fancy fabric, just a basic cotton-poly blend like a lot of the T-shirts currently on the market. Which is to say a bit soft and a bit stretchy, kind of a gym shirt or…

The RGB lighting has incredibly limited customization with a small number of preset colors and animations, which cannot be adjusted directly in the software. Instead, it can only be adjusted by remapping keys (typically on one of the secondary layers) to specific effects. The default map has specific, individual key combinations mapped to red, green, blue, etc., both making customization tedious and preventing any granular adjustments to colors. This means, if you’re using red switches, you’re stuck with the slightly pink-ish hue of the RGB bouncing off the switches’ red stems. With a more precise RGB color adjustment, you would…

To stay competitive, organizations must continually embrace new tools that enable them to develop innovative products, solutions, and ways of working. Artificial intelligence (AI) has become a powerful catalyst for this shift, reshaping how companies operate and create value. If your business is early in its journey to becoming AI-first, several innovation frameworks can guide your strategy. Three lenses—architectural innovation, disruptive innovation, and collision theory—offer insight into how AI can transform industries and why some firms thrive while others fall behind. Innovation Starts with Creative Destruction Before exploring the innovation types, it’s important to understand creative destruction, an economic concept…

Intel has signed a term sheet to acquire the AI chip startup SambaNova Systems, two sources with direct knowledge of the agreement tell WIRED.The details of the term sheet are unknown. The agreement is nonbinding, meaning the deal is not yet finalized and could be dissolved without penalty. It could take weeks or even months before regulatory approval, liability scrutiny, and financial due diligence are complete.Intel’s interest in acquiring the startup was first reported by Bloomberg in late October. At the time, the talks were in the early stages. The report noted that SambaNova could sell for less than the…

I first met Daniel Lurie, San Francisco’s newly minted mayor, about five minutes before we walked onstage at WIRED’s Big Interview event, held in his city last week.Lurie’s team let me know ahead of time that his window for this conversation was tight: He’d just come from announcing a new city police chief, and had about half an hour for me before he needed to be on to the next thing. Which was? “No idea,” Lurie quipped, shortly before we were foisted from backstage and into our conversation in front of several hundred attendees—a local crowd, who, judging from their…

When you retire, your main source of income becomes the fund you have saved over the years, known as your retirement corpus. You withdraw from this corpus to cover your daily living costs and other expenses. But an important question is how much or at what rate can you safely withdraw from your savings so you don’t run out of money too soon?​ This is where the Safe Withdrawal Rate (SWR) helps. SWR is one of the most elegant concepts of retirement planning which helps you to calculate the amount you can safely withdraw from your retirement corpus so that…