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Affirm stock surges 20% as CEO Levchin notes continued consumer strength

Affirm stock popped 20% Friday after the buy now, pay later firm beat Wall Street's expectations across the board in its fiscal fourth-quarter results. The stock was already up 31% this year heading into the report, outpacing the Nasdaq's 12% gain. Earnings came in at 20 cents a share and nearly doubled analyst expectations, with revenue also topping estimates at $876 million, up 33% from a year earlier. Net income was $69.2 million for the quarter, compared with a loss of $45.1 million in the

The Download: humans in space, and India’s thorium ambitions

Elon Musk and Jeff Bezos are bitter rivals in the commercial space race, but they agree on one thing: Settling space is an existential imperative. Space is the place. The final frontier. It is our human destiny to transcend our home world and expand our civilization to extraterrestrial vistas. This belief has been mainstream for decades, but its rise has been positively meteoric in this new gilded age of astropreneurs. But as visions of giant orbital stations and Martian cities dance in ou

The best VPN deals: Get up to 77 percent off NordVPN, ProtonVPN, Surfshark and others

A virtual private network (VPN) can save you a lot of money if you use it right. By changing your virtual location, you can use one streaming service to see shows that might be scattered between three or four in your home country. You can also trawl the world for discounts that only show up in a few select regions. And of course, you can't put a price on the joy of taking back your online business from intrusive ads and trackers. VPN providers are all competing to boost their subscriber counts,

Alibaba's cloud unit shines even as rivalry heats up in China's 'instant commerce' space

Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the Chinese giant's revenues came in under analyst forecasts. Alibaba's stock was up around 4% in premarket trade in the U.S. after initially dipping. Here's how Alibaba did in its fiscal first quarter ended June, compared with LSEG estimates: Revenue : 247.65 billion Chinese yuan ($34.6 billion), versus 252.9

This American nuclear company could help India’s thorium dream

“This license marks a turning point, not just for Clean Core but for the US-India civil nuclear partnership,” says Mehul Shah, the company's chief executive and founder. “It places thorium at the center of the global energy transformation.” Thorium has long been seen as a good alternative to uranium because it’s more abundant, produces both smaller amounts of long-lived radioactive waste and fewer byproducts with centuries-long half-lives, and reduces the risk that materials from the fuel cycle

Bye, Chrome Incognito Mode! This is my new favorite privacy browser on Android

Andy Walker / Android Authority There are a handful of specific web browsing tasks that I’d rather my phone forget, especially those that demand heightened privacy and security. This includes mundane searches I’ll never revisit or more personal tasks like purchasing an item online or logging into a streaming service to tweak a setting. For all these instances, I switch from the digital fingerprint that is my primary browser to a secondary, privacy-first browser. I’m always looking to streamlin

How to See the Total Lunar Eclipse and Blood Moon on September 7

On the evening of September 7, the second (and final) total lunar eclipse of the year will take place—serving up the striking sight of a red “blood moon” in the sky across much of the world. Total lunar eclipses occur when the Earth is positioned between the full moon and the sun, with the moon falling into the shadow of our planet. However, rather than disappearing into darkness, the shadowed moon instead turns red. This is because of a phenomenon called Rayleigh scattering. Visible sunlight,

Affirm's stock soars 15% on earnings, revenue beat

Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Affirm shares rose 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected earnings and revenue for the fiscal fourth quarter. Here's how the company did versus LSEG consensus estimates: EPS: 20 cents vs. 11 cents estimated 20 c

Nous Research drops Hermes 4 AI models that outperform ChatGPT without content restrictions

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Nous Research, a secretive artificial intelligence startup that has emerged as a leading voice in the open-source AI movement, quietly released Hermes 4 on Monday, a family of large language models that the company claims can match the performance of leading proprietary systems while offering unprecedented user control and minimal content r

Spiders Hijack Fireflies to Create Devious Glowing Death Traps

Fireflies glow to attract mates. As new research shows, however, a certain species of spider has learned to take advantage of this luminous natural phenomenon. In a Journal of Animal Ecology paper published August 27, ecologists report that the sheetweb spider (Psechrus clavis) appears to exploit firefly luminescence to attract more prey. Observational analysis and lab experiments revealed that, by using firefly light as bait, the nocturnal predators improved their hunting success. This is the

China is eating the world

The thing that surprised me most about traveling to China back in 2019 was how quiet it was. I expected chaos, noise, pollution—all the stuff you associate with a developing country. Instead, I found electric bikes gliding silently through tree-lined streets. We lived there for five months until COVID hit. About a week ago, I went back to visit Yunnan. Walking through the ancient towns another reality hit me: China doesn't need us anymore. These towns were packed with only Chinese tourists, I c

The Genetic Trick That Helped Humans Ride Horses

Roughly 4,500 years ago, humans forged a bond that would shape the history of our species. The domestication of horses led to significant advancements in transportation, hunting, and warfare, literally carrying human society into the modern era. Despite how influential horses have been for humans, scientists still have many fundamental questions about their domestication. New research published Thursday, August 28, in the journal Science, offers new insight into the genetic shifts that helped t

Satellite Companies Like SpaceX Are Ignoring Astronomers’ Calls to Save the Night Sky

There are more than 12,000 active satellites circling Earth at the moment, a growing figure that has nearly doubled in less than three years. This recent boom in the satellite industry has been a major headache for astronomers, with bright satellites appearing as streaks in telescope images of the universe and tarnishing views of the night skies. A new paper reveals that satellite constellations are brighter than the recommended limits set forth by astronomers, with only one company adhering to

Will AI Replace Human Thinking? The Case for Writing and Coding Manually

Learning to Think Again, and the Cost of AI Dependency. There are so many (hype/boring) posts about AI coming out every day. It’s OK to use it, and everyone does it, but still learn your craft, and try to think. Similar to what DHH said: It’s also more fun to be competent in something than constantly waiting for an AI to complete. The probability that AI will make us unhappy is very high IMO. Use it, yes, but not for every task. For discovering, creating a historical overview, or creating di

How Is AI Used In Space? This Wild Look Into a Data Center Plan Has Clues

The world runs on data. As humanity’s information gets increasingly digitized and artificial intelligence creeps its way into every aspect of life, data centers become more and more important. But that data comes with a catch: the servers in these data centers have monstrous energy demands that eat up natural resources like water, and that puts a significant burden on local communities where data centers are located. Some companies think they’ve found the solution to this problem by sending th

At Least 2 People Died of ‘Flesh-Eating’ Bacteria After Eating Tainted Oysters

“Flesh-eating” bacteria are continuing to claim lives this summer. Louisiana health officials reported this week that two more people have died from Vibrio infections this month, potentially caused by eating tainted oysters. The Louisiana Department of Health announced the latest deaths during a meeting of the Louisiana Oyster Task Force held Tuesday. Both deaths are linked to oysters harvested in the state, but the oysters were eaten at separate restaurants in Louisiana and Florida. Louisiana

Bose QuietComfort Ultra Earbuds (2nd gen) review: Still a noise-canceling powerhouse

Bose announced its latest earbuds in June , but the QuietComfort Ultra Earbuds (2nd gen) ($299) won’t arrive until early September. Today, though, they’re available for preorder, and I’ve spent the last few weeks testing all the new features. This model is an overhaul of the noise-canceling earbuds the company debuted in 2023 alongside its take on spatial audio. Among the upgrades, Bose has improved the active noise cancellation (ANC) performance, enhanced call quality and added wireless chargin

Topics: bose earbuds gen qc ultra

3 smart ways business leaders can build successful AI strategies - before it's too late

Serg Myshkovsky/Photodisc via Getty Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways Business leaders should create a platform to test AI concepts. Encourage employees to take risks with AI, but proceed with care. Keep one eye on the market for new technologies that might be exploited. Making the most of AI is tough. MIT recently revealed that 95% of enterprises attempting to harness generative AI aren't seeing measurable results in revenue or growth. However, w

As GM prepares to switch its EVs to NACS, it has some new adapters

In mid-2023, just as it seemed like the North American auto industry had settled on CCS1 as the default fast-charging plug, everything upended as Ford, then General Motors, then everyone else announced they were adopting the North American Charging Standard. Originally developed by Tesla, NACS has a different plug but uses the same electronic communication protocols as CCS, and adoption of NACS thus makes all those non-Tesla electric vehicles compatible with the extensive Tesla Supercharger net

Finally, a pair of earbuds that stay put when I run (and they're only $40)

Baseus Bass BC1 open-ear earbuds ZDNET's key takeaways Baseus' Bass BC1 earbuds are available now for $40 on Baseus' website. With the help of the available app, these earbuds can produce very good sound for outdoor activities Use caution when using the BC1 earbuds outdoors so you can still hear ambient sound. View now at Baseus When I'm out for a run, I'm not looking for studio-quality sound that would satiate my inner audiophile. I just want sound with plenty of lows and highs, but with eno

Unpacking Passkeys Pwned: Possibly the most specious research in decades

Don’t believe everything you read—especially when it’s part of a marketing pitch designed to sell security services. The latest example of the runaway hype that can come from such pitches is research published today by SquareX, a startup selling services for securing browsers and other client-side applications. It claims, without basis, to have found a “major passkey vulnerability” that undermines the lofty security promises made by Apple, Google, Microsoft, and thousands of other companies tha

Computing’s Top 30: Mohamed Shehata

Among AI’s great promises in relation to medicine is its potential to use existing patient data—including MRIs—to identify and diagnose potential problems. Doing so has many potential benefits, including lower costs and fewer invasive patient procedures. Among the researchers making good on this promising AI potential is Mohamed Shehata. Shehata is a postdoctoral fellow in the Department of Bioengineering at the University of Louisville. He’s won numerous awards for his work using machine lear

iPhone 17 pricing: Here’s the rumored cost for each new model

Apple’s big September event is coming up fast, with the company expected to unveil four new iPhones: iPhone 17, iPhone 17 Air, iPhone 17 Pro, and iPhone 17 Pro Max. Here are the rumored prices for each new iPhone 17 model, most of which could see a higher cost. iPhone 17 prices expected to increase for most models Despite the cost of nearly everything going up in recent years, Apple has been remarkably consistent with iPhone pricing. Though rumors regularly hint at Apple raising its iPhone pr

'Machines Can't Think for You.' How Learning Is Changing in the Age of AI

Entering her first year of teaching as a graduate assistant at Bowling Green State University, Sydney Koeplin had more on her mind than how to relate to her students. She was worried about how to deal with generative AI. At first, Koeplin took a "hard line" against allowing students to use AI beyond basic grammar and spelling checks. (The school's curriculum dictated that it could be used conditionally, but those conditions were left to the professor to define.) After several students in her fi

China Is Building a Brain-Computer Interface Industry

In a policy document released this month, China has signaled its ambition to become a world leader in brain-computer interfaces, the same technology that Elon Musk’s Neuralink and other US startups are developing. Brain-computer interfaces, or BCIs, read and decode neural activity to translate it into commands. Because they provide a direct link between the brain and an external device, such as a computer or robotic arm, BCIs have tremendous potential as assistive devices for people with severe

Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Sales of Tesla cars in Europe plunged in July, in the company's seventh consecutive month of declines, while Chinese rival BYD saw a monthly surge, data released on Thursday showed. New car registrations of Tesla vehicles totaled 8,837 in July, down 40% year-on-year, according to the European Automobile Manufacturers Association, or ACEA. BYD meanwhile recor

Topics: car europe new tesla year

IDC nearly doubles worldwide smartphone forecast for 2025, cites ‘accelerated iOS growth’

To say 2025 has been an unpredictable year for the smartphone market would be an understatement. Early in February, IDC had forecast a 2.6% growth, followed by a decrease to just 0.6% in May. Now, the institute has once again adjusted its forecast, thanks in part to “accelerated” iOS growth. Here are the details. Tariff uncertainty now ‘just background noise’ When IDC lowered its 2025 worldwide smartphone market forecast from 2.6% to just 0.6% in late May, it cited “high uncertainty, tariff vo

AI Bubble Watch: Nvidia Shares Skid on Middling Q2 Results

Nvidia reported mixed second quarter earnings on Wednesday, meeting some market expectations but missing others. The company posted revenue of $46.74 billion, up 56% from a year ago. The number is higher than the $45 billion Nvidia shared in earnings guidance last quarter, and is just barely above the projected market consensus of $46.23 billion, according to Bloomberg. Adjusted earnings per share came in at $1.05, above the average market estimate of $1.01. Roughly $41.1 billion of that reve

How to make clear iPhone app icons with iOS 26

iOS 26 includes a system-wide redesign with transparent elements called Liquid Glass. The iPhone update also includes all-new app icons for Apple’s built-in apps. For the most dramatic change to your Home Screen, you can make every iPhone app icon clear for the first time. Here’s how it works. Use Clear icon appearance Touch and hold an empty area on the Home Screen until the icons jiggle. Tap Edit in the top left corner. Tap Customize, the second item on the list that appears. Tap Clear from