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.....»»
More academic freedom leads to more innovation, reports study
In many countries, scientists have experienced a loss of academic freedom in recent years. This trend has been criticized on the basis of fundamental principles. However, there has been no research to date on whether the degree of academic freedom al.....»»
Sonos CEO ‘faces the music’ in Reddit Q&A
Sonos CEO Patrick Smith joined a Reddit Q&A and answered some burning questions as the company continues to try to rectify a botched software rollout......»»
How to bend the curve of biodiversity loss? New analytical framework provides answers
Biodiversity loss is considered a global crisis, as species extinction is worldwide, impairing ecosystem functions that are also essential for human survival. The Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, IPBES.....»»
Islands in the sky: Could steep-sided hilltops offer safe haven to threatened species?
Species are disappearing at an alarming rate around the world. But Australia's extinction crisis is especially severe—since European colonization, we have lost about 100 species of animals and plants. The loss of 33 mammal species is largely due to.....»»
Sonos laying off 6% of employees ‘for long-term success’
Sonos announced layoffs of about 100 employees as the company weathers a continued software meltdown, and a major loss of revenue because of it......»»
AutoCanada considers selling U.S. stores, reports data breach and $24 million Q2 loss
AutoCanada is exploring the sale of its U.S. dealerships and other “non-profitable and non-core assets,” as the company swung to a loss for the second quarter amid falling sales, a significant used-vehicle inventory writedown and fallout from the.....»»
Nighttime light data shows inequities in restoring power after Hurricane Michael
Among the many devastating impacts in the aftermath of a hurricane are power outages, which can take days or even weeks to restore. Communities grappling with the loss of electricity may encounter obstacles in accessing vital services, including food.....»»
Loss of Pulse Detection is a Pixel Watch feature Apple should consider using
One of the new features announced in yesterday’s Google hardware event was Loss of Pulse Detection, found in the new Pixel Watch 3. This would seem a great feature to pair with the Apple Watch’s own proactive monitoring and emergency alert fea.....»»
The Google Pixel Watch 3 has a never-before-seen health feature
Google's Pixel Watch 3 comes with a pulse loss detection feature that has never been seen before on a smartwatch. It uses the heart data to call for emergency......»»
Kia-Hyundai anti-theft fix is working after years of viral video exposure, study finds
A study by the Highway Loss Data Institute find that a software device developed by the companies to prevent vehicle theft dropped claim rates by 53 percent......»»
Black employees more likely to experience depression after workplace mistreatment
Workplace mistreatment results in higher rates of depression and sleep loss in Black employees than white employees according to research from the Indiana University Kelley School of Business in Bloomington......»»
Stellantis to help fund Archer Aviation"s air-taxi production costs
Stellantis CEO Carlos Tavares has said that the idea of inexpensive air taxis fit with the automaker's goal of "finding innovative solutions for accessible mobility.".....»»
Reddit could soon put some subreddits behind a paywall
According to Reddit CEO, it seems that the company is testing the idea of putting some subreddits behind a paywall. The post Reddit could soon put some subreddits behind a paywall appeared first on Phandroid. One of the appealing things ab.....»»
Luminar Q2 net loss narrows to $130.6 million; debt restructuring deal reached
The lidar supplier said revenue grew 2 percent to $16.5 million......»»
The Benefits of Ozempic Are Multiplying
There’s mounting evidence that GLP-1 drugs have health benefits beyond diabetes and weight loss, for conditions ranging from addiction to Parkinson’s—and scientists are evolving theories of why......»»
ACV Auctions says Q2 net loss widened to $17M, revenue rises 29%
ACV Auctions said the number of used vehicles sold by dealers and commercial auto companies on its wholesale marketplace platform grew 22 percent year over year......»»
Reddit might start putting some subreddits behind paywalls
Following the announcement of the company’s Q2 results on Tuesday afternoon, Reddit CEO Steve Huffman spoke to shareholders and answered questions in an earnings call. … The post Reddit might start putting some subreddits behind paywalls.....»»
Drone flights and 3D scans: Scientist uses cutting-edge tech to protect Madagascar"s vulnerable forests
In a new study published today in the journal Plants, People, Planet, scientist Jenny Williams from the Royal Botanic Gardens, Kew, highlights how the use of drones can help curb the loss of Madagascar's biodiverse forests through illegal deforestati.....»»
Reddit considers search ads, paywalled content for the future
Current ad load is relatively "light," COO says. Enlarge (credit: Getty) Reddit executives discussed plans on Tuesday for making more money from the platform, including showing ads in more places and possibly putting so.....»»
Some subreddits could be paywalled, hints Reddit CEO
Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income. Huffman raised the prospect during an earnings call in which he said Reddit would also be testing AI-power.....»»