How is ‘merit’ defined in college admissions? You might be surprised.

Last spring, the University of Austin in Texas, declaring the college admissions system “biased,” “broken” and “unjust,” ...

BreachForums hacking forum database leaked, exposing 324,000 accounts

The latest incarnation of the notorious BreachForums hacking forum has suffered a data breach, with its user database table ...

Sharpa Announces CraftNet - a hierarchical VTLA model for fine manipulation

At Sharpa, our mission is to build robots that are useful in our daily lives. We believe robots should help us handle ...
Benzinga.com

Gavin Baker On Why 'Crazy Idea' Of Space Data Centers Is Actually Logical, 'Superior' In Every Way

Baker’s analysis, shared in a recent podcast called ‘Invest Like The Best,’ provides the economic logic behind Alphabet Inc.‘s (NASDAQ: GOOG) (NASDAQ: GOOGL) newly revealed “Project Suncatcher” and ...
TechCrunch

Fintech firm Marquis alerts dozens of US banks and credit unions of a data breach after ransomware attack

Fintech company Marquis is notifying dozens of U.S. banks and credit unions that they had customer data stolen in a cyberattack earlier this year. Details of the cyberattack emerged this week after ...
Reuters

Fed data suggests central bank has stopped losing money

Fed's deferred asset shrinks, indicating profit return Fed's bond purchases during pandemic led to losses Rate cuts help Fed reduce payouts to banks, easing losses Dec 3 (Reuters) - The Federal ...
The New York Times

A Swath of Bank Customer Data Was Hacked. The F.B.I. Is Investigating.

SitusAMC, a technology vendor for real estate lenders, holds sensitive personal information on the clients of hundreds of its banking customers, including JPMorgan Chase. By Rob Copeland Stacy Cowley ...
Artnet

School of the Art Institute of Chicago Guts Video Data Bank Staff, Sparking Outcry

The future of one of the world’s leading archives of video art has been thrown into uncertainty after the School of the Art Institute of Chicago abruptly laid off three of the five staff members of ...
MarketWatch

One bank crunched 200 years of data to show why it pays to stick with stocks over the long term

Given the myriad risks facing investors these days — from high valuations in the stock market to worries about an AI bubble and beyond — some might be tempted to take their money out of the market and ...
CoinTelegraph

South Korea’s bank-first stablecoin approach lacks logic, says Kaia chair

The Bank of Korea should make clear rules for stablecoin issuers, allowing banks and non-banks to issue the tokens, says Kaia DLT Foundation chair Dr. Sangmin Seo. The Bank of Korea’s push for the ...
New York Post

Utility bills spike as power-hungry AI data centers boom, Bank of America report finds

The rapid rollout of power-hungry AI data centers could be straining the US energy grid and causing utility bills to spike – and prices could get worse in the coming months, according to economists.
Bloomberg L.P.

Data Center Lending Probed by BOE Amid AI Bubble Fears

The Bank of England is reviewing lending to data centers that are a one way bet on the future of artificial intelligence. The BOE has already called out the market risk from a surge in the valuations ...