NVIDIA BOUNCEBACK Nvidia’s Monday plunge wiped close to US$600 billion from its market capitalization – the largest single-day loss for a public company in stock market history. The Nvidia sell-off “may have gone too far”, said Kathleen Brooks, research director at XTB, adding that there were doubts over whether DeepSeek’s AI was developed as cheaply as it claims. “It may be too early to write off Nvidia yet, even though the prospect of a Chinese rival is causing a crisis for the chip maker,” she added. Gains in US equities last year were driven by a handful of large tech…
Author: Team_NationalNewsBrief
Millions of employees told those who decide by February 6 to voluntarily leave will receive eight months of salary.United States President Donald Trump has offered most federal workers the option to leave their government jobs by next week in exchange for eight months of severance pay in his most profound and rapid move yet to overhaul the government. The buyout offer was announced on Tuesday in a memorandum issued by the Office of Personnel Management (OPM) as Trump seeks to fulfil one of his campaign promises to shrink the government. The memo also said the Trump administration would begin subjecting…
On Tuesday, 2025 NFL Draft edge-rushing prospects’ draft stock improved. They have Browns general manager Andrew Berry to thank. According to Browns beat writer Mary Kay Cabot, the sixth-year lead Browns executive emphasized that Cleveland won’t trade four-time first-team All-Pro defensive end Myles Garrett during the offseason, no matter the price. “#Browns GM Andrew Berry says he won’t trade Myles Garrett, not even for two 1st round picks,” Cabot wrote on social media. Garrett had 14 sacks this season, his seventh consecutive double-digit sack season. He also led the league in tackles for loss (22).Garrett would make a significant difference…
This transcript was created using speech recognition software. While it has been reviewed by human transcribers, it may contain errors. Please review the episode audio before quoting from this transcript and email transcripts@nytimes.com with any questions.speakerThis is “The Opinions,” a show that brings you a mix of voices from “New York Times Opinion.” You’ve heard the news. Here’s what to make of it.aaron reticaI’m Aaron Retica. I am an editor at large for the Opinion section of “The New York Times.” I’m joined today by one of our columnists, Jamelle Bouie, who writes about politics, often putting it in historical…
It pays to be TikTok famous—Meta is trying to lure popular TikTok content creators away from TikTok towards Instagram with high-paying deals for exclusive Reels.Business Insider reported on Monday that Meta is offering some creators with more than one million TikTok followers compensation of up to $50,000 per month for exclusive short-form content posted to Instagram Reels, Meta’s version of TikTok.According to the leaked contracts, the payouts range from $50,000 per month for six months, for a total of $300,000 at the higher end, to $2,500 per month over six months, for a total of $15,000 at the lower end.…
Paul Briginshaw/Millennium Images, UK What’s the difference between your time spent in bed and your bank balance? No, this isn’t the start of a terrible joke – and the answer is less than you might think. We all have the odd occasion when we stay up too late and don’t sleep enough. Think of this as the equivalent of splurging on an expensive dinner: you probably shouldn’t have, but your bank balance hopefully won’t suffer too much. This article is part of special series investigating key questions about sleep. Read more here. But regularly going without enough sleep – a…
ANCHORAGE, Alaska — A U.S. Air Force pilot was reported to be safe after a single-seat F-35 fighter jet crashed Tuesday during a training exercise at a base in Alaska.The pilot experienced an “inflight malfunction” but was able to eject from the aircraft, Col. Paul Townsend, commander of the 354th Fighter Wing, told a news conference. The plane crashed during the landing phase of the flight at Eielson Air Force Base, he said.The pilot had declared an inflight emergency prior to the crash and was in stable condition and being evaluated at a medical facility, he said.The crash, which occurred…
The Vatican called for constant oversight of artificial intelligence on Tuesday, warning about the potential for “the shadow of evil” in the technology, which it said offered “a source of tremendous opportunities but also profound risks.”In a new document meant to advise the Catholic faithful, the church warned that the technology should be used to complement human intelligence, “rather than replace its richness.” The document was approved by Pope Francis, who has repeatedly warned that the application of artificial intelligence should be grounded in ethical and moral considerations.“In all areas where humans are called to make decisions, the shadow of…
The chip shortage has been at the top of mind over the last week after the launch of DeepSeek, a novel AI service intended to compete with ChatGPT. Semiconductor manufacturers have left the US and previous plans to attract domestic production have failed. President Donald Trump has proposed a new idea to force production back to the states through tariffs. The CHIPS and Science Act launched under the Biden Administration injected $52 billion into American chip manufacturing. Intel was awarded $7.9 billion in 2024 to boost factories in Ohio, Oregon, New Mexico, and Arizona. Still, these incentives have not been…
Hughes fire in Los Angeles County: screen image KTLA Scott Weiner, a Democratic State Senator in California, is introducing legislation that would allow people to sue oil companies over the wildfires that have ravaged the state in recent weeks. This is typical Democrat political sleight of hand. Oil companies had NOTHING to do with the destructive nature of these fires. If people want to sue someone, they should sue the Democrats who run the state and completely dropped the ball on being ready for these entirely predictable fires. It’s amazing that this is even real. A newly proposed California state…