DeepSeek triggered a wild, baseless rally for some Chinese stocks | TechCrunch

January 29, 2025January 28, 2025 ~ knjohn ~ Leave a comment

Chinese AI company DeepSeek made global headlines for helping spark a massive sell-off in U.S. tech stocks on Monday, with Nvidia dropping almost 20%.

In China, the hype around DeepSeek has sent shares of some public companies with supposed ties to it soaring. The problem: There’s no evidence these companies ever invested in or cooperated with DeepSeek to begin with.

Rumored DeepSeek investors Huajin Capital and Zhejiang Orient popped by 10% on Monday, while a research company called Sublime China Information jumped 20% for supposedly cooperating with DeepSeek on its AI models.

Uber CEO: Autonomous Vehicles Will Take Over Drivers Soon | Entrepreneur

January 28, 2025January 27, 2025 ~ knjohn ~ Leave a comment

Rideshare driving was the most-searched side hustle last year, garnering nearly 31,000 monthly Google searches, per a Creative Fabrica study. More than seven million people drive or deliver with Uber alone every month.

However, Uber CEO Dara Khosrowshahi said in an interview on Friday that driving for Uber is only a safe gig for the next decade. After that, autonomous vehicles, or cars that drive themselves, will take over the same routes humans drive today.

“You fast forward 15, 20 years, I think that the autonomous driver is going to be a better driver than the human driver,” Khosrowshahi told the Wall Street Journal’s Joanna Stern at WSJ Journal House Davos. “They will have trained on lifetimes of driving that no person can, they’re not going to be distracted.”

NASA wants to know how much life it’s venting into space | Mashable

January 24, 2025 ~ knjohn ~ Leave a comment

Astronauts will wriggle into their spacesuits next week to swab outside the International Space Station and see if the lab orbiting 250 miles above Earth is releasing microorganisms into space.

The experiment will focus on collecting samples of bacteria and fungi near vents. NASA wants to know whether germs can survive the harsh environment and, if so, how far they travel. The specimens will be frozen and taken back to Earth for analysis.

Despite the U.S. space agency’s stringent spacecraft cleaning process, hardy microscopic lifeforms can’t be totally removed from instruments bound for space. Furthermore, people carry veritable ecosystems of life on their skin and in their bodies when they go to space. Humans can’t help but spread this stuff — a point John Grunsfeld, NASA’s former chief scientist, emphasized in 2015.

TikTok had an incredibly wild whirlwind of a weekend | CNN Business

January 23, 2025January 21, 2025 ~ knjohn ~ Leave a comment

The extraordinary developments for one of America’s most popular social media apps over this weekend will be one for the history books. The banning — and unbanning — of TikTok involved actions from a former president, a sitting president and a future president and gripped 170 million Americans who use the app daily.

With just hours to go before a nationwide ban was set to come into effect, TikTok went dark late Saturday. By midday on Sunday it was back online, crediting then-President elect Donald Trump. But its long-term fate in America remains undetermined.

So what on earth happened? Here’s a countdown to the ban – and its unbanning:

Trump threatens China: More tariffs are coming on Feb. 1 | CNN Business

January 23, 2025January 21, 2025 ~ knjohn ~ Leave a comment

President Donald Trump on Tuesday warned that even more tariffs could be coming as soon as next week: This time China was his target, as Trump threatened to unleash a wave of higher taxes on imports from America’s second-biggest trading partner.

In an Oval Office press conference that echoed similar off-the-cuff remarks on Monday, Trump said that he is considering a 10% across-the-board tariff on all Chinese goods starting as early as February 1. On Monday, Trump threatened 25% tariffs on Mexico and Canada but deflected on China, noting that former President Joe Biden left in place extensive tariffs that Trump imposed during his first administration.

World’s fastest supercomputer ‘El Capitan’ goes online — it will be used to secure the US nuclear stockpile and in other classified research | Live Science

January 22, 2025January 21, 2025 ~ knjohn ~ Leave a comment

The fastest supercomputer in the world has officially launched at the Lawrence Livermore National Laboratory (LNNL) in California.

The supercomputer, called “El Capitan,” cost $600 million to build and will handle various sensitive and classified tasks including securing the U.S. stockpile of nuclear weapons in the absence of underground testing, according to LNNL representatives. This was prohibited in 1992.

Research will primarily be focused on national security, including material discovery, high-energy-density physics, nuclear data and weapon design, as well as other classified tasks.

Construction on the machine began in May 2023, and it came online in November 2024, before being officially dedicated on Jan. 9.

How Amazon is using its massive delivery infrastructure to help L.A. wildfire relief | Fast Company

January 21, 2025January 20, 2025 ~ knjohn ~ Leave a comment

When a red flag warning was issued in Los Angeles on January 7, a team at Amazon started reaching out to local nonprofits and fire agencies. In a warehouse outside the city—around 60 miles east, in San Bernadino County—the company had opened a wildfire disaster relief hub just months earlier, stocked with free firefighting equipment, from axes to boots to trauma kits.

The hub, which sits inside part of a regular Amazon fulfillment center, is one of 14 disaster hubs that the company now runs around the world, donating all of the supplies and logistics support. The work started in 2017, after conversations with nonprofits about the challenges of logistics in a crisis. “The more we spoke with first responders and nonprofits, we realized that it’s really, really hard to procure the right items at the speed that they’re needed,” says Bettina Stix, director of disaster relief and food security for Amazon Community Impact.

L.A. fires: Death toll may be in thousands due to wildfire smoke | Fast Company

January 21, 2025January 20, 2025 ~ knjohn ~ Leave a comment

The death toll from Los Angeles’ catastrophic wildfires has risen to 24 and is expected to increase further. The 16 direct fatalities from the Eaton Fire alone make it California’s fifth-deadliest wildfire, while the Palisades Fire, with eight deaths, ranks as the state’s 14th-deadliest fire.

However, the eventual death toll from the disaster is likely to be far, far, higher, once the health effects from the toxic smoke from the fires are fully realized. Additional deaths can be expected in the coming years because of the large-scale disruption to people’s lives that such a colossal disaster brings about – similar to what has been found in the aftermath of major hurricanes, which have been linked to thousands of indirect deaths up to 15 years after they hit.

Phoenix Lender Services Launches to Revolutionize SBA and USDA Lending | Small Business Trends

January 17, 2025January 16, 2025 ~ knjohn ~ Leave a comment

Phoenix Lender Services, a subsidiary of Community Bankshares, Inc., has launched with a mission to transform Small Business Administration (SBA) and United States Department of Agriculture lending across the United States. Based in LaGrange, Georgia, the new lender service provider aims to simplify the lending process for small businesses and financial institutions through a combination of extensive expertise and innovative solutions.

Phoenix Lender Services offers end-to-end support for SBA and USDA loans, including underwriting, closing, servicing, and liquidation. The company also provides secondary market sales and exclusive origination services for Community Bank & Trust (CB&T), its sister company.

Justice Department Files Suit to Shut Down Florida Tax Return Preparers | Small Business Trends

January 17, 2025January 16, 2025 ~ knjohn ~ Leave a comment

The Justice Department has filed a civil injunction in federal court in Tampa, Florida, seeking to shut down Madison & Sons Enterprises, a tax return preparation business operating as Madison Tax Services. The suit targets the business’s owner, Darryl J. Madison, along with Malik F. Eugene, Yvette Madison, and Marlesa J. Brown, alleging they engaged in fraudulent practices to inflate customer refunds.

According to the complaint, Darryl Madison oversaw operations at Madison Tax Services, where he and his associates allegedly prepared and filed tax returns that falsely reduced taxable income and inflated customer refunds. The alleged schemes included: