11 Feb, 2025
6 mins read

DeepSeek Just Changed Generative Artificial Intelligence (AI) Forever. 2 Surprising Winners From Its Innovation.

On Jan. 20, Chinese artificial intelligence start-up DeepSeek released its first-generation reasoning models. In the release, the company made some astonishing claims. First, DeepSeek said its DeepSeek-R1 model achieves performance comparable with OpenAI-o1, widely considered the best-performing model available across most domains. Considering the Chinese company is working with significantly worse hardware than OpenAI and […]

3 mins read

Exclusive: SEC’s Republican-led commission tightens oversight of probes, sources say

NEW YORK, Feb 2 (Reuters) – Lawyers at the U.S. Securities Exchange Commission (SEC) have been told they need to seek permission from the politically appointed leadership before formally launching probes, two sources briefed on the matter said, in a marked change in procedure that could slow down investigations. The change, which has not been […]

2 mins read

X expands lawsuit over advertiser ‘boycott’ to include Lego, Nestlé, Pinterest, and others

X is now suing more advertisers in an antitrust lawsuit focusing on what the company’s CEO Linda Yaccarino has claimed is a ‘systematic illegal boycott.’ The company formerly known as Twitter first filed the lawsuit against the World Federation of Advertisers and its brand safety initiative the Global Alliance of Responsible Media in August 2024. […]

5 mins read

What Does Chinese AI Start-Up DeepSeek Mean for Nvidia Stock?

DeepSeek, a Chinese artificial intelligence (AI) start-up, is sending shock waves through the U.S. tech sector by demonstrating its latest AI assistant, which achieves performance comparable to or even surpassing some of the world’s best chatbots. The kicker here is that DeepSeek reportedly accomplished this using significantly less computational power, relying on fewer and less […]

9 mins read

It’s ‘Never Going To Happen,’ But A Distracted Musk Should Hand Over CEO Reins At Tesla

No one expected much from Tesla’s fourth-quarter earnings, since 2024 saw its first year of declining electric vehicle sales since going public 15 years ago. But revenue and profit results weren’t just limp — they were worse than analysts predicted. On the company’s earnings call, Elon Musk’s Reality Distortion Field was in full effect as […]

1 min read

Costco, Teamsters reach tentative contract agreement, avoiding a strike

Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday. Teamsters spokesman Matthew McQuaid confirmed the agreement, which will have to be approved by members. Details of the agreement weren’t immediately available. The Teamsters union represents 18,000 Costco workers in six states: California, Washington, […]