Author: MNK News
Napster, the legendary peer-to-peer filesharing site that sparked a music pirating controversy in the early days of the internet before a recent evolution into an AI firm, has announced a stunning revelation to its shareholders. The $3.36 billion investment from a never-identified investor, which had been touted as a done deal in January, is never going to materialize. Forbes reports that Napster CEO John Acunto informed an estimated 700 out of 1,500 shareholders during an online meeting that the mysterious investor who had supposedly put in $3.36 billion at a $12 billion valuation in January, was not going to come through.…
The Upper East Side boutique hotel unveiled a 24-hour Technogym fitness center, along with portable in-room training kits and an exclusive penthouse training room Luxury New York City hotel The Mark is upping its fitness offerings, leveraging a new partnership with Technogym, including a private training room in its penthouse suite overlooking Central Park and private in-room training options. The Upper East Side hotel is also unveiling the new 24-hour Technogym fitness center on its second floor, featuring the supplier’s Italian-inspired Artis Line of connected equipment. Taking advantage of the upgraded tech, guests can now personalize their workouts, utilize AI-guided…
WEST PALM BEACH, Fla. (AP) — President Donald Trump says he wants to “permanently pause migration” from poorer nations and is promising to seek to expel millions of immigrants from the United States by revoking their legal status. He is blaming immigrants for problems from crime to housing shortages as part of “social dysfunction” in America and demanding “REVERSE MIGRATION.”His most severe social media post against immigration since returning to the Oval Office in January came after the shooting Wednesday of two National Guard members who were patrolling the streets of the nation’s capital under his orders. One died and…
A rising star in the field of economics has fallen from grace after his highly influential research on the impact of AI in the workplace was called into question, leading to an investigation by MIT. The Wall Street Journal reports that Aidan Toner-Rodgers, a 27-year-old graduate student at MIT, had taken the economics world by storm with his groundbreaking research on the effects of AI on worker productivity and innovation. His paper, which was rapidly gaining influence and even cited in Congress, offered a surprising and hopeful revelation about the future of work in a high-tech world. However, the promising young economist’s…
Iran is to boycott next week’s World Cup finals draw in Washington because the United States refused to grant visas to several members of the delegation, the Iranian football federation announced on Friday. “We have informed FIFA that the decisions taken have nothing to do with sports and the members of the Iranian delegation will not participate in the World Cup draw,” the federation’s spokesperson told state television. Iranian sports website Varzesh 3 had claimed on Tuesday the United States had declined to issue visas to several members of the delegation including the president of the federation Mehdi Taj. On…
While there are lots of great Black Friday sales on cheaper devices, it’s the big ticket items that really make a world of difference. Take Apple’s 2024 Mac mini M4, which has dropped to $479 from $599 as part of early Black Friday deals. The 20 percent discount brings Apple’s mini desktop computer with 16GB of RAM and 256GB of SSD to only $10 more than its all-time low.We gave the Mac mini M4 a 90 in our review, in part, because it packs an incredible amount of power into such a small design. It also has front facing USB-C…
Arthur Hayes believes Bitcoin’s October flush to $80,000 marked the end of a liquidity-driven reset, not the start of a new bear market – and that the structural forces that pushed BTC down are now reversing. $80,000 Was The Bottom As Dollar Liquidity Turns In a Milk Road Show episode recorded November 26 and released November 27, the BitMEX co-founder argued that the much-celebrated US spot ETF “institutional bid” was largely a leveraged basis trade that has now run its course at the same time as US dollar liquidity appears to have bottomed. “And so that’s why I believe that…
Bitcoin has not grown at the rapid rate expected so far in the cycle, and some have blamed this on the fact that the Federal Reserve has been practicing quantitative tightening. This refers to a period when the central bank is reducing its money supply in a bid to reel in excess liquidity. As a result, buying power seems to have fallen as there isn’t enough liquidity flowing into risk assets such as Bitcoin. However, this could all be changing very soon as the Fed begins to change its stance. Quantitative Easing Could Bring About More Liquidity After a long…
Organisers are confident they can avoid the calamities of last time when India hosts the Commonwealth Games but there are many challenges for a country that also has Olympic ambitions. Ahmedabad, in Indian Prime Minister Narendra Modi’s home state of Gujarat, was confirmed on Wednesday as the venue for the 2030 Commonwealth Games. It is seen in India as a stepping stone towards the goal of hosting the 2036 Olympics and authorities hope it will establish the world’s most populous nation as a sporting destination. A successful Commonwealth Games will also help erase the memories of the 2010 Commonwealth Games…
Black Friday Apple deals are here, and one of the best we’re tracking is on the AirPods 4. They’re down to $69 right now, which is a new record low. While these buds don’t provide active noise cancellation, they’re still a great option for those who want all of the conveniences of a pair of Apple earbuds in an affordable package.The Apple AirPods 4 are the best budget AirPods you can get in 2025, with Apple’s H2 audio chip to support some of the more advanced audio features from more expensive models.AppleThey offer Voice Isolation, Personalized Spatial Audio with dynamic…