Now that shoppers’ budgets have shifted to travel and service spending, stores are saying they need to get rid of their excess inventory. John Minchillo/ASSOCIATED PRESS Major retailers like Target, as well as luxury outlets, are having big sales. That’s because they have a backlog of pandemic-era products they need to offload. Now that shoppers…
Monthly Archives: July 2022
Celsius Network co-founder and CEO Alex Mashinsky. Piaras Ó Mídheach/Sportsfile for Web Summit via Getty Images Major cryptocurrency lending firm Celsius Network filed for Chapter 11 bankruptcy Wednesday. Celsius froze all withdrawals last month as digital assets plummeted. “This is the right decision for our community and company,” CEO Alex Mashinsky said. Celsius Network initiated…
Warren Buffett. REUTERS/Rebecca Cook Warren Buffett’s Berkshire Hathaway invested another $250 million in Occidental Petroleum this week. Buffett’s company now commands a 19.2% stake, valued at north of $10 billion. If Berkshire clears 20%, it can include a share of Occidental’s profits in its own earnings. Warren Buffett’s Berkshire Hathaway plowed another $250 million into Occidental…
Joshua Schulte, the former CIA engineer arrested for what’s being called the biggest theft of classified information in the agency’s history, has been convicted by a federal jury. Schulte was arrested in relation to the large cache of documents that Wikileaks had published throughout 2017. That string of CIA leaks known as “Vault 7” contained…
Text-to-image generation is the hot algorithmic process right now, with OpenAI’s Craiyon (formerly DALL-E mini) and Google’s Imagen AIs unleashing tidal waves of wonderfully weird procedurally generated art synthesized from human and computer imaginations. On Tuesday, Meta revealed that it too has developed an AI image generation engine, one that it hopes will help to…
Dash cams are a great upgrade to your car setup. They add peace of mind while you’re on the road, with an extra pair of (digital) eyes working as a witness should you ever be in an accident. They’re also useful for other things. Some car insurance companies offer discounts on your premium if you…
Transform the BeachBack from a lounger into a backpack in only 30 seconds! This innovative all-in-one solution lets you easily relax in nature. The 35-liter backpack easily holds essentials like sunscreen, a book, a tablet, toys, water, snacks, and more. Moreover, it integrates a towel, a mattress, and a sun canopy into a lightweight and…
Nintendo has acquired its own computer generated animation studio, Dynamo Pictures. The company has made an official announcement over on the official Nintendo of Japan website, revealing that it had “entered into an agreement to acquire 100% of the outstanding shares… of Dynamo Pictures, Inc… and to make it a a wholly owned subsidiary.” Once…
Samsung is soon due to launch another entry in its premium smartwatch series – here’s all that we know about the Galaxy Watch 5. Samsung tends to release a new smartwatch every year, and it seems like a new one is in the works for 2022. We’ve been highly impressed with previous entries in the…
If you’re considering buying a new mid-range Android phone this summer, should you go for the Nothing Phone (1) or the Google Pixel 6a? There are two new blockbuster Android phones on the way this summer, one of them from the creator of that software itself, Google, and another from a new manufacturer that’s looking…