Filers have just 30 days to update banking info before facing longer waits. Tax refunds are typically a welcomed reprieve for millions of Americans facing challenging financial times. While many tax filers are set to receive higher refunds this year, around 1.4 million Americans who typically receive paper refund checks may have to wait longer…
SoftBank has taken on a new $40 billion loan to help it cover its $30 billion commitment to invest in OpenAI as part of the AI model maker’s record-breaking $110 billion raise last month, the Japanese conglomerate said on Friday. Most striking is that the loan is unsecured and has a 12-month term, meaning it…
An analyst said holding above US$70,000 could signal bullish momentum.
Meta will essentially foot the power bill for the $27 billion mega data center it’s building in Louisiana. On Friday, the Wall Street Journal reported that the company struck a deal to fund the energy infrastructure needed for the project. Through a deal with Entergy Louisiana, Meta will fund seven new natural gas power plants,…
Last week I issued a reminder that Trump Mobile’s T1 Phone does not exist, and may never exist, despite the fact that the company showed me a phone in an effort to convince me otherwise. Today instead I bring cause for optimism for the Trump phone believers: it appears to have been certified by the…
Processing 200,000 tokens through a large language model is expensive and slow: the longer the context, the faster the costs spiral. Researchers at Tsinghua University and Z.ai have built a technique called IndexCache that cuts up to 75% of the redundant computation in sparse attention models, delivering up to 1.82x faster time-to-first-token and 1.48x faster…
Austria is seeking a ban on social media use for kids under the age of 14. Austria’s governing coalition on Friday announced plans to ban social media use for children under 14, joining a string of other countries in drawing up restrictions for young people.Alexander Pröll, the official in Chancellor Christian Stocker’s office responsible for…
A hacking group backed by the Iranian government dubbed “Handala” said on Friday that it has breached the personal email account of FBI director Kash Patel. In a post on its website, Handala included several pictures of a visibly younger Patel, as well as a link to a cache of files that appear to come…
The price war has pushed the industry into losses and hurt consumption recovery.
It was only last August that Sony raised PS5 console prices in the US, blaming a “challenging economic environment” at the time. Today it has slightly tweaked the phrasing to “continued pressures in the global economic landscape,” but the outcome is the same: price rises across the board, this time even affecting the PS Portal…
