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China readies a lifeboat for stranded Shenzhou crew

2 weeks 1 day ago
Stuck on the Tiangong station with a cracked capsule for company

China is preparing for an early launch of the Shenzhou-22 spacecraft to rescue the crew of Shenzou-21, who were left stranded aboard the Tiangong space station after their emergency rescue of the Shenzou-20 crew earlier this month.…

Richard Speed

Federal Judge Rules Meta's Instagram and WhatsApp Purchases Did Not Stifle Competition

2 weeks 1 day ago
A federal judge ruled Tuesday that Meta did not illegally stifle competition when it acquired Instagram and WhatsApp. The decision marks Big Tech's first major victory against antitrust enforcement that began during President Donald Trump's first term. The U.S. Federal Trade Commission had sought to force Meta to sell or restructure the platforms to restore competition among social media networks. Meta argued it faced competitive pressure from TikTok, YouTube, and Apple's messaging app.

Read more of this story at Slashdot.

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Fund Managers Warn AI Investment Boom Has Gone Too Far

2 weeks 1 day ago
A majority of global fund managers think companies are overinvesting, as market anxiety grows about the sustainability of the AI spending boom. From a report: A net 20 per cent of fund managers surveyed this month by Bank of America said companies were spending too much on their investments -- the first time this has been a majority view in data running back to 2005. "This jump is driven by concerns over the magnitude and financing of the AI capex boom," said BofA analysts. The surge in investment to develop AI infrastructure has been a dominant theme in the record rally in US tech stocks this year -- with chipmaker Nvidia becoming the world's first $5tn company last month -- but growing concerns about the sustainability of this spending has caused a pullback on Wall Street in recent weeks.

Read more of this story at Slashdot.

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