Exclusive: Blueprints describe a ‘case study’ community where residents submit biometric data to gain entry The United Arab Emirates plans to fund “Gaza’s first planned community” on the ruined outskirts of Rafah, Gaza’s southernmost city. Palestinian residents there will have access to basic services like education, healthcare and running water, as long as they submit to biometric data collection...
Exclusive: Blueprints describe a ‘case study’ community where residents submit biometric data to gain entry The United Arab Emirates plans to fund “Gaza’s first planned community” on the ruined outskirts of Rafah, Gaza’s southernmost city. Palestinian residents there will have access to basic services like education, healthcare and running water, as long as they submit to biometric data collection and security vetting, according to planning documents and people familiar with the latest round of talks at the US-led Civil Military Coordination Center in Israel . The planned city would mark the UAE’s first investment in a post-war reconstruction project located in the part of Gaza currently held by Israel. The wealthy Gulf state has contributed more than $1.8bn of humanitarian assistance to Gaza since 7 October 2023, according to UAE state media , making it Gaza’s largest humanitarian donor. Continue reading...
Justin Sullivan/Getty Images News Meta Platforms Inc. ( META ) said Friday it is temporarily restricting teens around the world from accessing AI characters across its family of apps. The company said that after hearing feedback from parents about wanting more data on their teen's interaction data with AI characters, it started building a new version to fulfill those requests. Once ready, the new ...
Justin Sullivan/Getty Images News Meta Platforms Inc. ( META ) said Friday it is temporarily restricting teens around the world from accessing AI characters across its family of apps. The company said that after hearing feedback from parents about wanting more data on their teen's interaction data with AI characters, it started building a new version to fulfill those requests. Once ready, the new version of Meta's AI characters will include additional parental controls. Teens will still be able to access helpful information and educational opportunities through Meta’s AI assistant, with default, age-appropriate protections in place, the company said. "Starting in the coming weeks, teens will no longer be able to access AI characters across our apps until the updated experience is ready. This will apply to anyone who has given us a teen birthday, as well as people who claim to be adults but who we suspect are teens based on our age prediction technology," the company said in an updated blog post . More on Meta Meta Platforms: A Critically Overlooked Game Changer In The AI ROI Debate Meta's Mojo Isn't Gone - This Weakness Is A Gift Meta Platforms: Be Greedy When Others Are Fearful Meta under probe by UK regulator Ofcom over WhatsApp data submissions China widens review of Meta’s acquisition of Manus: report
Paraguay’s central bank unexpectedly cut the benchmark interest rate a quarter point to 5.75%, citing anchored inflation expectations and slowing consumer prices. The central bank , which targets 3.5% inflation with a tolerance of plus or minus two percentage points, had kept its key rate unchanged at 6% since April 2024. Analysts surveyed earlier this month by the monetary authority expected poli...
Paraguay’s central bank unexpectedly cut the benchmark interest rate a quarter point to 5.75%, citing anchored inflation expectations and slowing consumer prices. The central bank , which targets 3.5% inflation with a tolerance of plus or minus two percentage points, had kept its key rate unchanged at 6% since April 2024. Analysts surveyed earlier this month by the monetary authority expected policymakers to remain on hold. The policy stance remains neutral after Friday’s rate cut, said the central bank, which forecast inflation slowing further in the coming months before converging with its target toward the end of the year. The central bank “reaffirms its commitment to price stability and will continue to carefully monitor domestic and external developments with a view to anticipate their possible implications for the trajectory of inflation,” policymakers said in a statement after their decision. Consumer prices in the land-locked South American country of 6.1 million people rose 3.1% last year, the lowest annual increase since 2020, when inflation slowed to 2.2% amid the pandemic. Paraguay boasts one of the fastest growing economies in Latin America with subdued inflation. The central bank reiterated its forecasts of 6% and 4.2% growth in 2025 and 2026, respectively.
Meta Platforms Inc. , the reigning leader in the growing smart glasses category, is being sued by another glasses maker over patent infringement in a case that also targets eyewear giant EssilorLuxottica SA and its Oakley subsidiary. In a complaint filed in a federal Massachusetts court on Friday, Solos Technology Ltd. accused Meta and the other parties of willfully violating several patents that ...
Meta Platforms Inc. , the reigning leader in the growing smart glasses category, is being sued by another glasses maker over patent infringement in a case that also targets eyewear giant EssilorLuxottica SA and its Oakley subsidiary. In a complaint filed in a federal Massachusetts court on Friday, Solos Technology Ltd. accused Meta and the other parties of willfully violating several patents that cover “core technologies in the field of smart eyewear.” The company is seeking “multiple billions of dollars” in damages and an injunction that could potentially disrupt sales of Ray-Ban Meta products. Representatives for Meta and EssilorLuxottica did not immediately respond to requests for comment. Patent battles are becoming more common in this segment as smart glasses have gained in popularity. Earlier this month, the Chinese brand Xreal filed an infringement suit in the US against one of its competitors, Viture. Meanwhile, Meta is facing a different patent infringement suit over the muscle-signal technology used by the Neural Band that controls its Ray-Ban Display glasses. Read More: Xreal Files Patent Suit Against Rival Smart Glasses Maker Viture Solos’ earliest hardware efforts date back a decade and were focused on smart eyewear for cyclists. More recent models like the “AirGo” series have offered built-in artificial intelligence features like translation and ChatGPT integration. On its website, Solos highlights an IP portfolio of over 100 patents and patent applications. The infringement filing mostly focuses on the Ray-Ban Meta Wayfarer Gen 1, but says “defendants’ later releases are derivative of the Gen 1 platform and continue to implement Solos’ patented technologies, resulting in ongoing and continuous infringement.” Solos claims that Oakley employees were introduced to its preliminary glasses technology as early as 2015, with a former senior executive later receiving a commercial pair for testing purposes in 2019. Similarly, the complaint alleges that Essilor...
Life may be less hectic in retirement than it is during your working years. But it's not necessarily any cheaper. In fact, the 20% reduction in expenses that most financial planners suggest you'll enjoy in your golden years is often matched by a similar reduction in income. In other words, unless you're wealthy enough now to never have to worry about money again, you'll probably need to continue m...
Life may be less hectic in retirement than it is during your working years. But it's not necessarily any cheaper. In fact, the 20% reduction in expenses that most financial planners suggest you'll enjoy in your golden years is often matched by a similar reduction in income. In other words, unless you're wealthy enough now to never have to worry about money again, you'll probably need to continue managing your money wisely in retirement. This includes being smart about whatever Social Security payments you end up getting from the beleaguered benefits program even though it's probably not going to account for the bulk of your retirement income. You still want to make the most of it. There's an important nuance to Social Security payments that future retirees might want to consider while making their longer-term financial plans, however. To this end, here's exactly what I plan to do with this recurring cash flow once I begin collecting it. Continue reading
The Trump White House yesterday posted a manipulated photo of Nekima Levy Armstrong, a Minnesota civil rights attorney who was arrested after protesting in a church where a pastor is allegedly also an Immigration and Customs Enforcement (ICE) official. Secretary of Homeland Security Kristi Noem posted what seems to be the original photo of Armstrong being led away by an officer yesterday morning. ...
The Trump White House yesterday posted a manipulated photo of Nekima Levy Armstrong, a Minnesota civil rights attorney who was arrested after protesting in a church where a pastor is allegedly also an Immigration and Customs Enforcement (ICE) official. Secretary of Homeland Security Kristi Noem posted what seems to be the original photo of Armstrong being led away by an officer yesterday morning. A half hour later, the official White House X account posted an altered version in which Armstrong's face was manipulated to make it appear that she was crying. "The White House shared an AI-edited photo of Nekima, depicting her in tears and scared when, in actuality, she was poised, determined, and unafraid," NAACP President and CEO Derrick Johnson said yesterday. Read full article Comments
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Schwab Center for Financial Research Chief Fixed Income Strategist Kathy Jones, BlackRock Deputy CIO of Global Fixed Income Russ Brownback, AllianceBernstein Head of Credit Will Smith, and PineBridge Investments Co-Head of Leveraged Finance Steven Oh. (Source: Bloomberg)
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Schwab Center for Financial Research Chief Fixed Income Strategist Kathy Jones, BlackRock Deputy CIO of Global Fixed Income Russ Brownback, AllianceBernstein Head of Credit Will Smith, and PineBridge Investments Co-Head of Leveraged Finance Steven Oh. (Source: Bloomberg)
Investor Kevin Simpson found opportunities amid the market volatility this week. The founder and CEO of Capital Wealth Planning snapped up two non-tech names that he said could benefit from the artificial-intelligence buildout. They are among the opportunities he sees outside of the "Magnificent Seven" for his firm's growth strategy. Simpson bought Eagle Materials , which manufactures heavy constr...
Investor Kevin Simpson found opportunities amid the market volatility this week. The founder and CEO of Capital Wealth Planning snapped up two non-tech names that he said could benefit from the artificial-intelligence buildout. They are among the opportunities he sees outside of the "Magnificent Seven" for his firm's growth strategy. Simpson bought Eagle Materials , which manufactures heavy construction materials and light building materials in the United States. He already owns Home Depot , but wanted to branch out beyond residential building and more into multifamily and commercial construction. "When you think of the data centers, talking about concrete — so much in the way of the supply business that we like," Simpson said in an interview on CNBC's " Halftime Report ." The stock is trading at 17 times forward earnings and the company has a lot of free cash flow, he noted. "I don't know that we're late to the party," he added. "All these companies that are beneficiaries, AI adjacent, I think these material companies can really benefit from that spend." Shares of Eagle Materials are up more than 7% year to date, but have lost about 4% so far this week. Another name that should benefit as tech companies build data centers to run artificial intelligence models is TopBuild , Simpson said. The company focuses on insulation for buildings. He called it "a very strong opportunity set in the building sector." "If the buildout over the next few years happens, the suppliers are going to be tremendous beneficiaries," Simpson said. TopBuild's stock shed about 2% week to date but is up nearly 16% so far this year.
Beijing Tells Alibaba, Tencent, ByteDance To Prepare Nvidia AI Chip Orders Chinese regulators are nearing approval for Nvidia's H200 AI chips for top domestic tech firms , including Alibaba, Tencent, and ByteDance, signaling Beijing is moving closer to formally green-lighting imports of last-generation AI accelerators, according to a Bloomberg report. Approval would represent a material bull catal...
Beijing Tells Alibaba, Tencent, ByteDance To Prepare Nvidia AI Chip Orders Chinese regulators are nearing approval for Nvidia's H200 AI chips for top domestic tech firms , including Alibaba, Tencent, and ByteDance, signaling Beijing is moving closer to formally green-lighting imports of last-generation AI accelerators, according to a Bloomberg report. Approval would represent a material bull catalyst for Nvidia stock and a major win for CEO Jensen Huang, who has stated that the China AI chip opportunity alone could generate up to $50 billion in revenue over the coming years. This report is notable given Nvidia shares have recently stalled below the $200 level. Any resumption of H200 shipments to China would potentially reignite upside momentum. The Bloomberg report noted: The companies are now cleared to discuss specifics such as the amounts they would require, the people said, asking to remain unidentified discussing private talks. The report did reveal one caveat: Beijing will encourage companies to buy a certain amount of domestic chips as a condition for approval, according to the people, though no exact number has been set. H200 is a last-generation chip that the Trump administration has allowed to be exported to China. There have been a number of reports in recent weeks telegraphing the move by Chinese regulators: China To Limit Nvidia's H200 Chip Access After Trump Greenlights Exports Nvidia Prepares To Ship H200 AI Chips To China By Mid-February China Set To Approve Nvidia H200 AI Chip Purchases As Soon As This Quarter ByteDance Plans $14 Billion Nvidia H200 AI Chip Buying Spree As Computing Demand Soars Beijing appears set to approve imports of Nvidia's H200 chips for major tech firms, while still prioritizing the buildout of domestic AI semiconductor production. This move only suggests a very real admission that China cannot yet meet domestic AI compute demand and must rely on downgraded US chips from Nvidia. Tyler Durden Fri, 01/23/2026 - 13:40
Trust says Reform UK leader was invited to WEF event by London-based venture capitalist as an honorary adviser Nigel Farage’s trip to Davos this week was hosted and paid for by the $10bn family trust of an Iranian-born billionaire, the Guardian has learned. The leader of Reform UK has been touring Davos this week, giving speeches in which he pledged to tax banks and “fight the globalists”. Continu...
Trust says Reform UK leader was invited to WEF event by London-based venture capitalist as an honorary adviser Nigel Farage’s trip to Davos this week was hosted and paid for by the $10bn family trust of an Iranian-born billionaire, the Guardian has learned. The leader of Reform UK has been touring Davos this week, giving speeches in which he pledged to tax banks and “fight the globalists”. Continue reading...
A self-described "little farm girl" in the Jim Crow Era, Gladys West's complex and pioneering work for the U.S. Navy helped to improve billions of lives — and keep us from getting lost.
A self-described "little farm girl" in the Jim Crow Era, Gladys West's complex and pioneering work for the U.S. Navy helped to improve billions of lives — and keep us from getting lost.
"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests: PIMCO Global Economic Advisor Rich Clarida, BitGo Co-Founder & CEO Mike Belshe (Source: Bloomberg)
"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests: PIMCO Global Economic Advisor Rich Clarida, BitGo Co-Founder & CEO Mike Belshe (Source: Bloomberg)