Author: MNK News
We’ve been hearing rumors about the foldables Apple may or may not be making for years, from clamshell iPhone prototypes to plans for a foldable iPad, but the latest suggests we may also be in for something much bigger. According to Mark Gurman in the Power On newsletter this weekend, Apple is developing a foldable device with a display that opens up to be nearly 20 inches. The plan is for “something akin to a giant iPad that unfolds into the size of two iPad Pros side-by-side,” with elements of both iPad and Mac functionality, according to Gurman. The company…
The couple who founded and run PinkNews, the world’s largest LGBTQI+ news website, have been accused by staff of multiple incidents of sexual misconduct, bullying and misogyny. The BBC reports several ex-staffers informed it they saw Anthony James, a director at the UK-based company and husband of its founder, kissing and touching a junior colleague who they allege appeared too drunk to consent. Another 30-plus current and former members of staff told the BBC a culture of heavy drinking led to instances when founder Benjamin Cohen and his husband behaved inappropriately towards younger male employees. File/Kevin Childs and Sir Keir Starmer…
CLNKraneShares Key News Asian equities were largely higher overnight, as Hong Kong, South Korea, and Pakistan (+85% YTD) outperformed. The late great market strategist Byron Wien was well known (and missed) for his annual “Ten Surprises” list of events markets we’re unprepared for. After the US close, we got a Wien-like moment as CBS News reported President Trump invited President Xi to his inauguration. The invitation is unexpected, though equally shocking is the invitation’s lack of Western media coverage, as I don’t see anything in the Wall Street Journal, Financial Times, Reuters, etc. Bloomberg News, which edited its original headline…
The Princess Switch, Single All The Way, Our Little Secret — all streaming on Netflix.Courtesy of Netflix From small-town romances to big-city love stories, Netflix has a treasure trove of cheesy holiday movies perfect for the season. Ready to snuggle up and pick out your next holiday favorite? Read on for the best Netflix Christmas romance movies—with the highest IMDb scores—guaranteed to bring all the warm and fuzzy vibes. Netflix has been stepping up its holiday romance game in recent years, and 2024 delivered one of the streamer’s biggest lineups yet. Featuring stars like “Hallmark Queen of Christmas” Lacey Chabert…
(Bloomberg) — A year when inflation subsided enough for monetary policy easing to start in most advanced economies is about to conclude with a 24-hour flurry of decisions led by the Federal Reserve.The US announcement will take center stage on Wednesday, followed by peers in Japan, the Nordics and the UK over the following day — amounting to half of the world’s 10 most-traded currency jurisdictions.Those events will draw most attention among investors bracing for the last big week for monetary policy in 2024. By close of play on Friday, at least 22 central banks accounting for two-fifths of the…
A swarm of unidentified drones has been causing confusion and concern in New Jersey and New York, with local, state, and federal authorities struggling to determine the origin and purpose of these mysterious aerial devices. Rep. Chris Smith (R-NJ) has urged federal official to authorize military action, calling the drones “a very serious threat” and revealing they have become more brazen — even swarming around a Coast Guard ship. Asbury Park Press reports that more than 50 drones were reported to have entered New Jersey from the ocean at Island Beach State Park in recent days, according to Rep. Chris Smith. The…
The Cincinnati Bengals link up with old friend Brian Callahan on Sunday when they visit the Tennessee Titans in a Week 15 matchup. Said matchup will see the Bengals hope to keep their comically small playoff chances alive with a win. But that has become background noise with Joe Burrow pushing the Bengals front office to keep Tee Higgins — and Higgins himself changing agents, linking up with the reps who…do the same job for Ja’Marr Chase. That big detail out of the way, the game itself should see the Bengals sit in a pretty good position, provided they don’t…
The company’s Search revenue could diminish over the long term due to novel AI models By Oliver Rodzianko Summary Google’s diversification into AI mitigates risks to Search revenue from competitors like OpenAI, Anthropic, and Perplexity with a forecasted 11.17% EV CAGR over the next decade. AI-driven tools like ChatGPT pose challenges, but Google Cloud’s 35% YoY growth and $13B AI infrastructure investments bolster its position as a long-term leader in multiple AI use cases. With a conservative EBITDA margin of 35% and an 11.24% margin of safety, my valuation model supports a Buy rating, forecasting a December 2034 enterprise value…
Topline A federal appeals court has upheld a federal ban on TikTok that would make the app unavailable to American users starting in January, and while TikTok is doing all it can to reverse the decision, users still have time to save their favorite videos before they potentially disappear. This illustration shows the logo TikTok on a phone screen. AFP via Getty Images Key Facts Using TikTok on desktop is the easiest way to save videos created either by a logged-in account or that have privacy settings that allow them to be downloaded. Videos with the proper settings on TikTok.com…
Millions of Americans who are behind on their student debt may face a financial shock next year: The federal government is expected to start collecting on defaulted loans for the first time since payments were paused during the pandemic. Though the Biden administration required borrowers to begin making their normal repayments in 2023, it has yet to resume efforts to recover money involuntarily from people with seriously past-due balances. That process can involve garnishing wages, tax refunds, and Social Security benefits, along with formal legal proceedings. There are approximately 5.6 million former students currently in default, meaning their loans are…