Author: Elon Mark
Google figured out early on that video would be a great addition to its search business, so in 2005 it launched Google Video. Focused on making deals with the entertainment industry for second-rate content, and overly cautious on what users could upload, it flopped. Meanwhile, a tiny startup run by a handful of employees working above a San Mateo, California, pizzeria was exploding, simply by letting anyone upload their goofy videos and not worrying too much about who held copyrights to the clips. In 2006, Google snapped up that year-old company, figuring it would sort out the IP stuff later.…
The ARA clean petroleum product (CPP) barge market entered September with subdued trading, ample barge supply, and only minor rate adjustments. While some midweek activity lifted volumes slightly, the broader picture was one of low urgency, weak demand, and a freight environment that remains firmly in the charterer’s favor. 1. Freight Rates: Sharp Drop Early, Then Stabilization On 4 September, rates fell sharply across nearly all corridors—Cross Harbor down €0.26, Rotterdam–Antwerp/Amsterdam down €0.28, and Flushing routes down €0.21–0.28. 5 September stabilized, with no changes on most routes, though exceptions were seen at higher Cross Harbor levels (3.10 €/ton for 5kton…
A federal vaccine advisory committee made up of members hand-picked by Health and Human Services secretary Robert F. Kennedy Jr. recommended in an 8-3 vote on Thursday that the combined measles, mumps, rubella, and varicella (MMRV) vaccine should not be given before age 4, citing long-known evidence that shows a slightly increased risk for febrile seizures in that age group.Experts say that while frightening, febrile seizures—which are uncommon after vaccination—are usually short-lived and harmless, and removing the option for parents could cause a decline in immunization rates against measles, mumps, and rubella, some of the most dangerous childhood diseases.Known as…
1. Freight Rates: Mostly Flat, Small Downward Moves On 4–5 September, freight rates held steady across all destinations, with only minor tweaks for Basel (down by €0.02). By 8 September, spot deals were concluded at slightly lower levels, with Duisburg and Strasbourg down €0.25–0.50, and Basel dropping nearly €0.45. Takeaway: Freight rates are locked in a narrow range, with Basel showing the most movement but still trending lower overall. 2. Water Levels: High and Supportive Hydrology supported efficient loading throughout the week: Maxau hovered above 500 cm, briefly touching 600 cm on 6 September before easing to 542 cm by…
Industry giants dominate today’s business world through scale, resources, and established networks. Smaller companies often face two choices: compete directly and risk being outmatched, or accept a limited market share. But there’s a third strategy: coopetition. This approach transforms competitors and digital platforms from rivals into partners. Instead of fighting an uphill battle alone, businesses can combine strengths, reduce risk, and seize opportunities otherwise out of reach. As Harvard Business School Professor Feng Zhu, who teaches the online course Winning with Digital Platforms featured in the Credential of Digital Innovation and Strategy, says, “Your company may not be a platform…
As businesses around the world have shifted their digital infrastructure over the last decade from self-hosted servers to the cloud, they’ve benefitted from the standardized, built-in security features of major cloud providers like Microsoft. But with so much riding on these systems, there can be potentially disastrous consequences at a massive scale if something goes wrong. Case in point: Security researcher Dirk-jan Mollema recently stumbled upon a pair of vulnerabilities in Microsoft Azure’s identity and access management platform that could have been exploited for a potentially cataclysmic takeover of all Azure customer accounts.Known as Entra ID, the system stores each…
new video loaded: Fed Lowers Interest Rates by Quarter PointtranscriptBacktranscriptFed Lowers Interest Rates by Quarter PointJerome Powell, the Fed Chair, announced interest rate cuts by a quarter of a percentage point on Wednesday.While the unemployment rate remains low, it has edged up. Job gains have slowed and downside risks to employment have risen. At the same time, inflation has risen recently and remains somewhat elevated. In support of our goals, and in light of the shift in the balance of risks, today, the Federal Open Market Committee decided to lower our policy interest rate by a quarter-percentage point. We have…
It takes time to realize you don’t have to hold your hand out in front of you for these gestures to be recognized, but a surprisingly short amount of time to find yourself using them with very little second thought.Of course talking to Meta AI remains a key way of interacting with the glasses, but Meta hopes that adding the visual elements will enhance the chatbot experience. For example, live speech captioning and language translation is still switched on by voice—but with Meta Ray-Ban Display, you can see the translations and captions appearing in real time on the glasses rather…
Nvidia CEO Jensen Huang is in London, standing in front of a room full of journalists, outing himself as a huge fan of Gemini’s Nano Banana. “How could anyone not love Nano Banana? I mean Nano Banana, how good is that? Tell me it’s not true!” He addresses the room. No one responds. “Tell me it’s not true! It’s so good. I was just talking to Demis [Hassabis, CEO of DeepMind] yesterday and I said ‘How about that Nano Banana! How good is that?’”It looks like lots of people agree with him: The popularity of the Nano Banana AI image…
In the market for a new MacOS-based desktop, but don’t have a lot of space to spare? Amazon is currently offering discounts on both the 256GB and 512GB model of the late 2024 Apple Mac Mini (8/10, WIRED Recommends) with the M4 chip.Photograph: Brenda StolyarApple’s M4 CPU is at the heart of both versions of this miniaturized desktop, with 10 cores each for the CPU and GPU. Our reviewer Brenda Stolyar had no complaints about the performance, noting that it handled multiple browser tabs, chat programs, and other apps without lagging or slowing down. That’s good news, because the memory…