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Trump’s Commerce Secretary Loves Tariffs. His Former Investment Bank Is Taking Bets Against Them

wired.com Louise Matsakis 2025-07-21 23:51:28

Cantor Fitzgerald, a financial services company led by the sons of US Commerce Secretary Howard Lutnick, is creating a way for investors to bet that President Donald Trump’s signature tariffs will be struck down in court. Traders at the firm’s investment banking subsidiary, Cantor Fitzgerald & Co., say they have the capacity to buy the rights to hundreds of millions of dollars in potential refunds from companies who have paid Trump’s tariffs, according to documents viewed by WIRED. Lutnick ran

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Trump's Commerce Secretary Loves Tariffs. His Former Investment Bank Is Taking Bets Against Them

wired.com Louise Matsakis 2025-07-22 09:51:28

Cantor Fitzgerald, a financial services company led by the sons of US Commerce Secretary Howard Lutnick, is creating a way for investors to bet that President Donald Trump’s signature tariffs will be struck down in court. Traders at the firm’s investment banking subsidiary, Cantor Fitzgerald & Co., say they have the capacity to buy the rights to hundreds of millions of dollars in potential refunds from companies who have paid Trump’s tariffs, according to documents viewed by WIRED. Lutnick ran

Topics: cantor firm fitzgerald lutnick tariffs
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This transforming, dual-screened Android console is the most interesting handheld I’ve ever tested

androidauthority.com Unknown 2025-07-22 17:37:20

Nick Fernandez / Android Authority It isn’t often that something entirely new crops up in the gaming space. Nintendo is the only player still innovating when it comes to handhelds, but even then the evolution from the Wii U in 2012 to the Nintendo Switch 2 released just a few months ago feels far more iterative than say, the leap from the Game Boy to the Nintendo DS. Then there’s the ONEXSUGAR SUGAR 1. With two screens, folding controllers, and more power than nearly any other Android gaming h

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The Former CEO of Uber Kind of Sounds Like He's Losing It When He's Talking About AI

futurism.com Unknown 2025-07-28 20:15:05

It sounds like the co-founder and former CEO of Uber has had a big gulp of the AI Kool-aid — and then some. On a recent episode of the All-In podcast, Travis Kalanick, who resigned from the ride-hailing company in disgrace in 2017, spoke rapturously about his experience using chatbots like ChatGPT and Grok. That's when he revealed his sincere conviction that he, a mere college dropout, was on the verge of achieving a breakthrough in physics just by probing the AI models. "I'll go down this thr

Topics: ai grok just kalanick physics
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Commerce Secretary Lutnick says China is only getting Nvidia’s ‘4th best’ AI chip

cnbc.com Kif Leswing 2025-07-31 13:32:41

Howard Lutnick, U.S. Secretary of Commerce speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025. Commerce Secretary Howard Lutnick on Tuesday said the Trump administration reversed course on allowing Nvidia to sell its AI chips to China because the U.S. company will not be giving over its best technology. Lutnick made the remark speaking with CNBC's Brian Sullivan, saying that Nvidia wants to sell China its "4th best" chi

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Billionaires Convince Themselves AI Chatbots Are Close to Making New Scientific Discoveries

gizmodo.com Matt Novak 2025-07-31 16:45:11

Generative artificial intelligence tools like ChatGPT, Gemini, and Grok have exploded in popularity as AI becomes mainstream. These tools don’t have the ability to make new scientific discoveries on their own, but billionaires are convinced that AI is on the cusp of doing just that. And the latest episode of the All-In podcast helps explain why these guys think AI is extremely close to revolutionizing scientific knowledge. Travis Kalanick, the founder of Uber who no longer works at the company,

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Billionaires Convince Themselves AI Is Close to Making New Scientific Discoveries

gizmodo.com Matt Novak 2025-07-31 21:45:11

Generative artificial intelligence tools like ChatGPT, Gemini, and Grok have exploded in popularity as AI becomes mainstream. These tools don’t have the ability to make new scientific discoveries on their own, but billionaires are convinced that AI is on the cusp of doing just that. And the latest episode of the All-In podcast helps explain why these guys think AI is extremely close to revolutionizing scientific knowledge. Travis Kalanick, the founder of Uber who no longer works at the company,

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Florida Cat Named Pepper Brings Home Never-Before-Seen Virus—for the Second Time

gizmodo.com Natalia Mesa 2025-08-04 01:00:40

Last year, Pepper, a pet cat who roams the backyards of Gainesville, Florida, helped a scientist discover a new viral strain. Now, the furry feline is back at it again. In a new study, scientists have once again discovered an exotic virus infecting a dead rodent that had been caught by Pepper. This time around, Pepper’s furry hunting trophy helped researchers pinpoint an unidentified strain of orthoreovirus, a type of virus that infects humans and other mammals. The findings, and the virus’s co

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Vapes Clouds Contain Absolutely Horrifying Chemicals, Scientists Find

futurism.com Unknown 2025-08-26 13:00:15

Image by Getty / Futurism Developments If you vape — and especially if it's because you think it's a less harmful alternative to smoking — then we have some really bad news. New research from the University of California, Davis, shows that some popular disposable vapes contain levels of toxic metals so appalling that they exceed traditional cigarettes. And we don't just mean a single cig — we're talking packs of them. The work, published as a study in the journal ACS Central Science, sounds t

Topics: disposable lead nickel study vapes
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Planned EV Battery Plant Is a ‘Death Sentence’ for Uncontacted Indonesian Tribe

gizmodo.com Ellyn Lapointe 2025-08-28 01:52:26

On Sunday, June 29, Indonesia will break ground on a $6 billion electric vehicle (EV) battery plant on Halmahera, the largest of the Maluku islands. The facility will mine the island’s abundant nickel reserves and manufacture batteries on-site to reduce production costs in Indonesia, but a watchdog warns it could decimate an uncontacted tribe. The Hongana Manyawa—whose name means “people of the forest” in their language—are one of the last nomadic hunter-gatherer peoples in Indonesia, according

Topics: halmahera hongana manyawa mining nickel
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Travis Kalanick is trying to buy Pony AI — and Uber might help

techcrunch.com Sean O'Kane 2025-08-29 09:10:31

Uber founder Travis Kalanick is looking for ways to buy the U.S. arm of Chinese autonomous vehicle company Pony AI, according to The New York Times. Kalanick is reportedly working with investors to finance an acquisition, and Uber may even help make the transaction happen, the Times reports. Pony AI went public last year and had a market cap of around $4.5 billion before The New York Times report was published. The report states that Pony started preparing its U.S. arm for a sale or spinoff in

Topics: ai autonomous kalanick pony uber
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Thnickels

news.ycombinator.com Unknown 2025-09-02 04:13:27

Hello this is Theodore Nichols and welcome to my world wide web page. Update 5/6/2025 My neighbor hurt himself and is now Beefing with me about the coins. He has not returned my prototype thnickels yet. Please help me share awareness of this situation. Updated 5/1/2025: I have partnered with someone to help me take pre-orders for thnickels. Slots limited. Pre-Order Page Updated 4/30/2025: I have received hundreds of e-Mails from my flyer. I told my grandson that flyers still work in this day

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Thick Nickels

news.ycombinator.com Unknown 2025-09-02 09:13:27

Hello this is Theodore Nichols and welcome to my world wide web page. Update 5/6/2025 My neighbor hurt himself and is now Beefing with me about the coins. He has not returned my prototype thnickels yet. Please help me share awareness of this situation. Updated 5/1/2025: I have partnered with someone to help me take pre-orders for thnickels. Slots limited. Pre-Order Page Updated 4/30/2025: I have received hundreds of e-Mails from my flyer. I told my grandson that flyers still work in this day

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Race to mine metals for EV batteries threatens marine paradise

feeds.bbci.co.uk Unknown 2025-09-17 04:29:33

Race to mine metals for EV batteries threatens marine paradise 1 day ago Share Save Victoria Gill Science correspondent, BBC News Share Save Global Witness The Raja Ampat archipelago in Indonesia is sometimes referred to as the 'Amazon of the Seas' Stark images, captured from a drone by environmental campaigners and shared with the BBC, appear to show how nickel mining has stripped forests and polluted waters in one of the most biodiverse marine habitats on Earth. The Raja Ampat archipelago -

Topics: bbc global mining nickel witness
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Nickelodeon’s next Avatar animated series is finally coming together

theverge.com Charles Pulliam-Moore 2025-06-07 12:39:15

is a reporter focusing on film, TV, and pop culture. Before The Verge, he wrote about comic books, labor, race, and more at io9 and Gizmodo for almost five years. Rumours about the next mainline Avatar series have been circulating ever since Nickelodeon announced that Michael DiMartino and Bryan Konietzko were returning to lead Avatar Studios. But now, we finally know a bit more about where the franchise is heading after The Legend of Korra. Today, Nickelodeon announced that the Avatar saga (w

Topics: avatar havens long nickelodeon seven
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