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Finance

Billions lost and markets roiled by one man’s indiscretion. Isn’t it now clear that these tech bros are too powerful? | Aditya Chakrabortty

Nvidia CEO Jensen Huang’s affair must be the costliest fling in human history – and a preview of what awaits when the tech bubble bursts One thing we all know about the tech billionaires is they are super-smart. We know this largely because they never stop telling us. The “cognitive elite”, to use their favoured phrase, are entitled to shape our future without our say-so. When Elon Musk goes hiring, he wants “super-high-IQ small-government revolutionaries”. Long before they got private jets, what fuelled these boys was faith in their own brainpower. As a teenager, Jensen Huang wooed his future

The Guardian
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Crypto

Ethereum Draws Wall Street Attention As BlackRock And JPMorgan Join London Forum

Ethereum is attracting renewed attention from some of Wall Street’s largest financial institutions as BlackRock, JPMorgan, and other major firms participate in a high-profile institutional forum in London today. The event places Ethereum’s expanding role in global finance under the spotlight, particularly as banks and asset managers explore tokenization, blockchain settlement, and new ways to […]

Bitcoinist
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Crypto

Bitcoin Price Prediction as Bloomberg Analyst Likens BTC ETF Slump to Gold’s Decade-Long Winter

Bitcoin (BTC) price is down by 8.66% in the last seven days leading to today, November 12. The drop comes amid heightened outflows from BTC ETFs as institutional demand towards the king coin fizzles out. Bloomberg ETF analyst Eric Balchunas now likens the current poor performance of these ETFs to what happened in the early The post Bitcoin Price Prediction as Bloomberg Analyst Likens BTC ETF Slump to Gold’s Decade-Long Winter appeared first on CoinGape.

CoinGape
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Science

European survey reveals 900m galaxies – and possibly secrets of ‘dark universe’

Unprecedented view of cosmos provided by Euclid mission throws up many more cases of gravitational lensing A mission to create the largest ever 3D map of the universe has revealed more than 900m galaxies in its first major data release together with about 15,000 potential cases of a phenomenon that could help unlock the secrets of the “dark universe”. Launched in July 2023, the European Space Agency’s Euclid mission promised to create the largest cosmic map ever made, encompassing a third of the sky and more than 10bn years of cosmic history. Continue reading...

The Guardian
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Sports

‘Second ball’ may be a Sunday league mantra but Yates showed its top-flight relevance

Midfielder’s old-school attributes came to the fore during Nottingham Forest’s win against Manchester City Modern football is more systematised and data-driven than ever but some things never change. Winning the first ball is important but the second ball – the Holy Grail for Sunday league footballers – is often more so. Nottingham Forest’s 3-1 win against Manchester City last weekend featured a classic example. Forest led 2-1 inside the last 20 minutes but City, lifted by Rayan Cherki’s sweet half-volley, were pushing for an equaliser. Continue reading...

The Guardian
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Military

NHS England deletes ‘misleading’ claim 137 trusts benefiting from Palantir AI tools

Exclusive: The Guardian revealed 29 hospital trusts were not or hardly using the controversial patient data tech NHS England has deleted a claim from its website stating 137 hospital trusts are benefiting from Palantir’s AI health data system after the Guardian revealed 29 of them were not using all or most of the controversial technology. Health bosses had published a list of all the NHS bodies “live” with and “realising benefits” from the AI-powered federated data platform (FDP), a system set up to improve patient outcomes, boost operating theatre efficiency and speed up bed discharges. But

The Guardian
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