Author: bibhuti

San Francisco real estate has never been very accessible. But the record sales happening right now in the city’s high-end market are testing the upper limits of what even this famously unaffordable city thought was possible. Consider a six-bedroom, 5,700-square-foot home in Cow Hollow, one of San Francisco’s most coveted neighborhoods. It was listed two weeks ago at $7.95 million, so, not cheap. It just sold for $15 million. The sellers, who bought the property for $7.8 million in the summer of 2020 as the pandemic was pushing residents out of cities, nearly doubled their money in under six years.…

Just the other day we spoke about Apple’s plans to use Samsung for its chip production, and now, Samsung finally entered the $1 trillion club after a huge rally in its share price, with investors putting money into semiconductor companies connected to AI. CNBC reported that Samsung shares surged more than 15% in a single day, taking the company’s market value up to over $1 trillion. FactSet data showed Samsung first crossed that level on 26 February. Samsung became only the second Asian company after Taiwan Semiconductor Manufacturing Company to reach that valuation. The rally also pushed South Korea’s Kospi…

Key TakeawaysThe XRP Ledger Foundation introduced leaders across operations, engineering, and community engagement.The update emphasized collaboration with developers, validators, and infrastructure operators.Public coordination will focus on advocacy, development, and events. XRP Ledger Foundation Formalizes Broader Operating Structure The XRP Ledger Foundation, a nonprofit organization that contributes to, grows, and advocates for the XRP Ledger and its community, said in a May 8 post on X that it is entering a more public phase of collaboration across the XRP ecosystem. The update introduced the team managing daily operations, engineering coordination, and community engagement. “The XRP Ledger Foundation exists to support the…

A total of 70 seats were up for grabs on West Sussex County Council, which has remained under Tory control since 1997. Subsequent by-elections and defections meant the Conservatives operated with 38 councillors prior to this election. Today’s results have been led by the Liberal Democrats, who won 23 seats. They were followed by Reform UK with 15 seats, then Conservatives with 11. Pictures from the counts at Worthing Leisure Centre (Image: Eddie Mitchell) The Green Party secured seven seats, Labour four and Local Alliance one. These results are currently not inclusive of Crawley’s county results, where the counts were…

Over the next six weeks, Brockman said, Musk and the other cofounders had intense discussions about creating a for-profit entity to raise enough capital to build artificial general intelligence—powerful AI that can compete with humans on most cognitive tasks. Musk wanted to have majority equity in the entity and the right to choose a majority of the board members. He also wanted to be its CEO, said Brockman.  Brockman testified that in August 2017, he and other cofounders gathered to hash out the terms of the for-profit structure. Ilya Sutskever, OpenAI’s chief scientist at the time, arrived bearing a painting…

As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31. One of the employees cut that day told TechCrunch about the experience: “I had, like, this weird feeling in my stomach. I went to go sign into the VPN, and the VPN was like, ‘this user doesn’t exist anymore.’ Then I called my friend, and I was like, ‘Hey, can you see me in Slack?’ And she said, ‘No, your account’s been deactivated.’” The person soon received an email stating their role was terminated immediately. The severance offer arrived a few days later. But…

Seven regional MSPs have been elected to represent Glasgow in the Scottish Parliament. Source link

“For years I believed I wasn’t capable. Now I know I can achieve what I put my mind to it.”Jonathan Breen spent 14 years working in mental health services, beginning as a nursing assistantAfter years of believing university was beyond his reach, with the right support in place, including tailored help for his ADHD, Jonathan Breen has transformed not only his career, but also his confidence in his own ability to learn.Jonathan, 35 and from Belfast, had spent 14 years working in mental health services, beginning as a nursing assistant and supporting patients through some of their most challenging moments.Inspired…

Bloomberg has a deep dive this week into how Intel CEO Lip-Bu Tan is trying to rescue one of Silicon Valley’s most storied, and stumbling, chipmakers. It’s worth a read, but it actually undersells the most jaw-dropping part of the story: Intel’s stock has risen a stunning 490% over the past year, a bet by Wall Street that may be running well ahead of the company’s actual turnaround. Tan, who took over in March of last year, has spent much of his first year schmoozing rather than restructuring — locking in a sweetheart deal with the U.S. government (now Intel’s…

“Most businesses don’t need another disconnected service provider. They need a complete accounting system that actually works,” said Founder Shelly Lingor. “That means clean books, integrated technology, clear reporting, and people who can help turn financial data into real business decisions.” Post this Pillar delivers fully managed accounting ecosystems that combine cloud accounting, technology integration, workflow optimization, and advisory support into one connected system. The firm provides services ranging from day-to-day accounting operations through fractional CFO and strategic advisory support. “Most businesses don’t need another disconnected service provider. They need a complete accounting system that actually works,” said Lingor. “That…