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Hedge fund Melvin sustains 53% loss after Reddit onslaught

$4.5 billion drop in assets after bets against the likes of GameStop go sour. Enlarge (credit: Innocenti | Getty Images) Melvin Capital, the hedge fund that was wrongfooted by retail traders who drove up shares in GameStop and other companies.....»»

Category: topSource:  arstechnicaJan 31st, 2021

Opinion: Time for Scotland to follow the rest of the UK and punish violent partners who cause pregnancy loss

On May 2, the Scottish Parliament will debate whether it should be a crime in Scotland to cause the loss of a partner's or former partner's pregnancy through violence or abuse......»»

Category: topSource:  informationweekRelated NewsMay 1st, 2024

Polestar delays SEC filing, says it needs to review "certain errors" in previous financial statements

Polestar said it believes the historical errors are expected to "positively impact net loss by less than five percent for 2021, and negatively impact net loss by less than five percent.".....»»

Category: topSource:  autonewsRelated NewsMay 1st, 2024

Launch date set for NASA"s PREFIRE mission to study polar energy loss

NASA and Rocket Lab are targeting no earlier than Wednesday, May 22, 2024, for the first of two launches of the agency's PREFIRE (Polar Radiant Energy in the Far-InfraRed Experiment) mission to study heat loss to space in Earth's polar regions......»»

Category: topSource:  physorgRelated NewsApr 30th, 2024

Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024

Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Missing link in species conservation: Pharmacists, chemists could turn tide on plant, animal extinction

As the world faces the loss of a staggering number of species of animals and plants to endangerment and extinction, one University of Michigan scientist has an urgent message: Chemists and pharmacists should be key players in species conservation eff.....»»

Category: topSource:  pcmagRelated NewsApr 30th, 2024

Okta warns customers about credential stuffing onslaught

Credential stuffing attacks have exploded this April, Okta warns, and advises its customers to use available tools to block access requests originating from residential proxies before authentication takes place. Abuse of proxy networks “In cred.....»»

Category: securitySource:  netsecurityRelated NewsApr 29th, 2024

A new way to study and help prevent landslides

Landslides are one of the most destructive natural disasters on the planet, causing billions of dollars of damage and devastating loss of life every year. By introducing a new paradigm for studying landslide shapes and failure types, a global team of.....»»

Category: topSource:  pcmagRelated NewsApr 26th, 2024

Granting legal "personhood" to nature is a growing movement: Can it stem biodiversity loss?

Biodiversity is declining at rates unprecedented in human history. This suggests the ways we currently use to manage our natural environment are failing......»»

Category: topSource:  informationweekRelated NewsApr 26th, 2024

It"s not a match: Skill mismatch after job loss can have great impact on career

The loss of your job can be as devastating emotionally as a divorce. It's true that a divorce can actually enhance your marriage skills for the next time around, since the skills needed remain virtually unchanged, but the same cannot be said for job-.....»»

Category: topSource:  informationweekRelated NewsApr 25th, 2024

Nature degradation could cause a 12% loss to UK GDP, new analysis suggests

The deterioration of the UK's natural environment could lead to an estimated 12% loss to GDP, according to new analysis. In comparison, the financial crisis of 2008 took around 5% off the value of the UK GDP, while the COVID-19 pandemic cost the UK u.....»»

Category: topSource:  informationweekRelated NewsApr 25th, 2024

First-of-its-kind study shows that conservation actions are effective at halting and reversing biodiversity loss

A study published April 25, in the journal Science provides the strongest evidence to date that not only is nature conservation successful, but that scaling conservation interventions up would be transformational for halting and reversing biodiversit.....»»

Category: topSource:  physorgRelated NewsApr 25th, 2024

Mobileye quarterly loss widens, revenue plunges as chip orders decline

Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory.  .....»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024

BforeAI raises $15 million to stop attacks before they occur

BforeAI has secured $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. BforeAI autonomously.....»»

Category: securitySource:  netsecurityRelated NewsApr 25th, 2024

Reddit, AI spam bots explore new ways to show ads in your feed

Reddit says its "communities are naturally commercial." Enlarge (credit: Getty) Reddit has made it clear that it’s an ad-first business. Today, it expanded on that practice with a new ad format that looks to sell thin.....»»

Category: topSource:  arstechnicaRelated NewsApr 24th, 2024

AI tool recognizes serious ocular disease in horses

Colloquially known as moon blindness, equine recurrent uveitis (ERU) is an inflammatory ocular disease in horses, which can lead to blindness or loss of the affected eye. It is one of the most common eye diseases in horses and has a major economic im.....»»

Category: topSource:  physorgRelated NewsApr 24th, 2024

Startup financing gender gaps greater in societies where women are more empowered: Study

Commercial bankers provide capital to fund the operations and growth of businesses. However, as these lenders evaluate entrepreneurs who apply for loans, gender bias leads to women being denied more often than their male counterparts......»»

Category: topSource:  physorgRelated NewsApr 24th, 2024

Advances in understanding the evolution of stomach loss in agastric fishes

Living beings can evolve to lose biological structures due to potential survival benefits from such losses. For example, certain groups of ray-finned fishes show such regressive evolution—medakas, minnows, puffera, and wrasses do not have a stomach.....»»

Category: topSource:  physorgRelated NewsApr 23rd, 2024

Wild turkey numbers are falling in some parts of the US—the main reason may be habitat loss

Birdsong is a welcome sign of spring, but robins and cardinals aren't the only birds showing off for breeding season. In many parts of North America, you're likely to encounter male wild turkeys, puffed up like beach balls and with their tails fanned.....»»

Category: topSource:  physorgRelated NewsApr 19th, 2024

51% of enterprises experienced a breach despite large security stacks

Threat actors are continuing to successfully breach across the entire attack surface and the stakes are only getting higher: 93% of enterprises who admitted a breach reported unplanned downtime, data exposure, or financial loss as a result, according.....»»

Category: securitySource:  netsecurityRelated NewsApr 19th, 2024

Renovation relic: Man finds hominin jawbone in parents’ travertine kitchen tile

Yes, travertine often has embedded fossils. But not usually hominin ones. Enlarge / Reddit user Kidipadeli75 spotted a fossilized hominin jawbone in his parents' new travertine kitchen tile. (credit: Reddit user Kidipadeli75).....»»

Category: topSource:  arstechnicaRelated NewsApr 18th, 2024