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Tech Radar

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Nearly all companies expect a major outage in 2025

  • Nearly all companies expect a major outage in 2025
  • 88% of business leaders believe another major incident is inevitable within the next year
  • 86% of business leaders feel they've prioritized security at the expense of readiness for disruptions
  • Between 78% and 91% of leaders are preparing for the next outage or major disruption

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Metro

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Is ChatGPT still down? Users ‘have to use brains again’ after outage last night

  • ChatGPT users faced an outage last night, leading to panic among users.
  • Over 50,000 people reported problems with the chatbot, with issues reported from 6pm.
  • OpenAI stated that the platform had 'mostly recovered' by 2am and that they are working on a fix.
  • While the cause of the outage is still unknown, users had to rely on their own thinking until the service was restored.

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NullTX

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Ethereum Whale Makes Massive Moves, Offloading Millions In ETH

  • A prominent Ethereum whale, who received 20,000 ETH ($6.2 million) in the Genesis block in July 2015, has been making significant transactions in recent hours.
  • The whale deposited 4,160 ETH ($14.5 million) to Kraken just three hours ago, sparking speculation about their intentions.
  • Currently, they still hold approximately 7,043 ETH ($24.6 million) in staked ETH.
  • Another player, James Fickel, exchanged 3,500 ETH ($12.1 million) for 122.67 WBTC in an effort to reduce his debt on Aave.

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TronWeekly

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Is Dogecoin Set to Surge in 2025? Predicted $11.65 Year-End Price

  • Dogecoin's year 4 has historically been its strongest, with potential for significant growth in 2025.
  • Predictions suggest DOGE could reach $11.65 by end of 2025, based on past performance trends.
  • Bitcoin's market cycles often precede DOGE's peaks, with the next one expected between February and May 2025.
  • Despite fluctuations, the historical growth pattern of Dogecoin and its potential for 2025 are promising.

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NullTX

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Bitcoin’s Christmas Rally: Will It End In A Crash To $60,000?

  • Bitcoin price surged to nearly $100,000 on Christmas Day, sparking speculation of a potential rally to $110,000.
  • Renowned analysts are predicting a drastic correction to $60,000.
  • On-chain analysis suggests a plausible correction to $70,000, with a significant support zone breached at $97,300.
  • Bitcoin must reclaim its critical support zone and sustain a daily close above $100,000 for the bullish outlook to prevail.

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NullTX

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Bitget’s $BGB Token Soars To New Heights, Cracks Top 20 Cryptocurrency Ranking

  • Bitget’s native token $BGB has soared to the 19th spot in the cryptocurrency rankings with a market value of $10 billion and a FDV of $14.3 billion.
  • The surge is attributed to Bitget’s strategic expansion of $BGB’s utilities within its ecosystem.
  • $BGB's price has reached $7, recording a 349% growth over the past month, with trading volume surpassing that of BNB.
  • Bitget announced the merger of BWB and $BGB, making $BGB the unified ecosystem token for Bitget and Bitget Wallet.

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Paultan

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BMW Panoramic iDrive to be shown at CES 2025 – production version of infotainment, instrumentation

  • BMW will showcase the Panoramic iDrive at CES 2025, which is the production version of the infotainment and instrumentation concept for Neue Klasse vehicles.
  • The Panoramic iDrive focuses on driver orientation, safety, and personalization.
  • The dashboard layout features a centrally-mounted floating display and a customizable instrument display called BMW Panoramic Vision.
  • The upcoming BMW EVs will incorporate cylindrical batteries and 800-volt architecture for quicker charging.

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NullTX

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DeFi Giants Aave And Lido Smash Records With $170 Billion In Net Deposits

  • Decentralized finance (DeFi) giants Aave and Lido have surpassed $170 billion in net deposits, with Aave leading at $35.3 billion.
  • Aave and Lido dominate the DeFi ecosystem, accounting for nearly 50% of net deposits among the top 20 decentralized applications.
  • The total value locked (TVL) for Aave is $36.9 billion, while Lido holds $33.7 billion.
  • The DeFi space has seen a significant increase in protocol revenue, with Aave and Lido among the top revenue-generating applications.

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Insider

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The year hedge funds grew up

  • 2024 marked the shift of hedge fund industry towards institutionalization with the investor base shifting to long-term institutions and hedge funds becoming institutions of their own.
  • The major firms and new launches have evolved significantly with built-out infrastructure and leadership teams, which ensure the survival of these giants in the industry.
  • Multistrategy managers like Millennium, Citadel, and Point72 have also moved towards this direction with built-out infrastructure and leadership teams, which ensure the survival of these giants in the industry.
  • Most of these firms are set to outlive their founders with long-standing funds becoming more formulaic and bureaucratic, which points to a world where giants outlast their larger-than-life leaders.
  • Succession, quality launches, and a promising environment for active managers due to increased volatility have shed light on the hedge fund industry being in a strong period.
  • The next generation of industry leaders are starting their firms with a much more institutional feel than five years ago.
  • The average fund launched with $300m in 2023, driven by a focus from allocators on "quality" launches, with institutional investors such as pensions, sovereign wealth funds, and endowments helping hedge funds to shine.
  • Long-time industry players and investors believe that hedge funds are increasingly looking more like peers in private equity, as they are becoming more centralized with internal structures providing hierarchy.
  • It is expected that the hedge fund industry will continue to show growth as a result of the increased volatility that is allowing active-managed investment firms to shine.
  • Industry observers are looking at 2024 as the beginning of a new era for hedge funds with the shift to institutionalization.

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Digitaltrends

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NASA’s exciting 2024 began with a crash that ended a historic mission

  • NASA began 2024 with the crash of its historic mission, the Ingenuity helicopter on Mars.
  • Ingenuity made history in April 2021 by becoming the first aircraft to achieve powered, controlled flight on another planet.
  • During its operational time, Ingenuity explored the martian surface, mapping areas of scientific interest and assisting the Perseverance rover.
  • Although Ingenuity can no longer fly, its onboard computer continues to gather data on Mars' weather and avionics, benefiting future Mars missions.

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Geeky-Gadgets

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The Future of Robotics Training: Inside the Genesis Project

  • The Genesis Project integrates generative AI with physics simulation to revolutionize robotics training. It creates virtual environments, tasks, and reward systems for seamless real-world application. The platform provides an open-source framework and is designed for accessibility and performance. The Genesis Project is up to 80 times faster than other high-end tools, allowing rapid iteration and experimentation. The automated reward system defines success criteria for teaching robots to achieve specific goals and works well for soft robotics. The Genesis Project uses GPU-parallelized computation to deliver exceptional performance and supports accurate collision handling. It has the potential to transform healthcare, manufacturing, disaster response, and other industries.
  • The Genesis Project represents a significant leap forward in the convergence of generative AI and physics simulation, reshaping the way robots are trained and developed.
  • Automating the creation of virtual environments, tasks, and reward systems, the platform saves time, opens new possibilities, and makes innovative robotics technology accessible to everyone.
  • Genesis distinguishes itself through its ability to simulate real-world scenarios and by training robots in highly specific, controlled scenarios that mimic real-world conditions.
  • Written in Python, Genesis has an intuitive interface and advanced technical capabilities. Its physics engine supports a wide range of simulations to explore intricate scenarios.
  • The Genesis Project enables the development of systems that push the boundaries of what is currently achievable and accelerates progress for autonomous vehicles, industrial automation, and humanoid robots.
  • Its ability to scale experiments without compromising on accuracy or detail is particularly important for organizations aiming to deploy robotics solutions on a global scale.
  • Genesis's versatility makes it an invaluable resource for researchers and developers across multiple fields, including healthcare, manufacturing, and disaster response.
  • As an open-source platform, the Genesis Project is freely available for anyone to use and build upon, fostering collaboration and innovation in the global research community.
  • The Genesis Project is a platform that enables creating, training, and deploying robots with unparalleled efficiency and accuracy and is a cornerstone for the future of autonomous systems.

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Insider

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PR pros call fallout of Lively-Baldoni saga a 'black eye' for the industry

  • Blake Lively has filed a complaint against director and co-star Justin Baldoni for sexual harassment and a retaliatory smear campaign in the press.
  • Lively's lawsuit accuses Baldoni's PR team of planned 'astroturfing', an unethical tactic used to create public consensus around a specific issue or narrative.
  • When applied to public relations, astroturfing involves publishing sentiments on the internet to falsely create the illusion of a 'grassroots movement' in support of a campaign.
  • The controversial practice of astroturfing does exist in a legal grey area, and recently became a household term as Lively's lawsuit highlighted its use by Baldoni's team in an attempt to discredit her harassment complaints.
  • Experts in crisis management caution against going too far in using tough tactics, as it blurs the line between authentic and manufactured content and creates a negative perception of the industry.
  • Despite the fallout from the Lively-Baldoni saga, it is still widely regarded as a cautionary tale rather than having a significant impact on the industry overall.
  • The industry is scrambling to repair its image, with some prominent figures saying that if you're not aware of the limits, it's easy to 'dupe media'.
  • Ultimately, the lawsuit introduced crisis PR and the practice of astroturfing to the general public, opening up discussions about where to draw the line in using tough tactics, ethics, and professionalism within the public relations industry.
  • For many, the use of astroturfing in the Baldoni-Lively ordeal went beyond 'standard crisis PR', with the lawsuit's allegations of astroturfing offering a peek behind the curtain of crisis PR and damaging perception of the industry.
  • One key mistake that Baldoni's team made, according to veterans in crisis management, was putting compromising and incriminating messages in texts.

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Pymnts

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How Two-Thirds of American Consumers Managed Their Paychecks in 2024

  • As of November 2024, 67% of American consumers are living paycheck to paycheck, the highest rate since 2020.
  • Rising costs, inflation, and stagnant incomes are driving this trend, affecting even high-income households.
  • 94% of paycheck-to-paycheck consumers have changed their retail shopping behavior due to perceived price increases.
  • Consumers spending 43% of their income on housing, leaving less for other needs and emergencies.

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TechRound

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Starting A Business In The UK vs Germany: Which Is Better?

  • Entrepreneurs usually debate between starting a business in UK and Germany since places you start your business can have huge implications for its success.
  • Setting up a business in Germany means jumping through many hoops which involves registering with the trade office and the tax office.
  • One of the major barriers in Germany is that all documents need to be translated into German, which can add a chunk of cost to the process.
  • Starting a business in the UK is easy and costs just £50 on companies house and all documents can be in English – meaning no translations needed.
  • German corporation tax is set at 15%, making it lower than the UK. VAT is charged at 20% while the UK corporate taxes are 25%, making them higher than those in Germany.
  • Especially in hubs like Munich and Frankfurt, locals speak a lot of English, though German is the official language, while everyone in UK operates in English, especially for business.
  • Germany is a big country, so it does depend on where you decide to start your business, but in general, costs are lower than the UK. As an example, a one bedroom apartment in Munich costs  €1,309 per month on average, making it more affordable than other major cities in Western Europe.
  • In Germany, the minimum wage is €12.41 per hour while £11.44 per hour for those over 21 in the UK.
  • Germany is well set up for international trade, and access to the EU while the UK has very strong trade agreements with many countries around the world.
  • Both countries - UK and Germany - are incredible options for entrepreneurs, especially after weighing up the pros and cons.

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Hackaday

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Uncanny Valley of Clean Conquered by Clever Chair

  • Simone Giertz has come up with a functional and attractive solution to store quasi-dirty clothes.
  • She created a chair with a rotating rack that allows clothes to be deposited on the chair from the front and pushed to the back, keeping them out of sight.
  • The chair's design combines the tradition of hanging clothes on a chair with the space-saving efficiency of a Lazy Susan.
  • Giertz challenged herself to build the chair quickly without using computer-aided design (CAD).

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