Spotify stock jumps after reporting record profit, strong guidance amid turnaround plan

Spotify stock jumps after reporting record profit, strong guidance amid turnaround plan

Spotify technology (STAIN) reported fiscal second-quarter results on Tuesday that beat expectations as the audio giant reported record profit, gross margin and free cash flow in the quarter following its recent “efficiency strategy”.. Revenue came in line with estimates while monthly active user metrics disappointed, both investors shrugged off as the stock rose more than … Read more

Scientists Waited Ages to Find a ‘Missing Link’ Black Hole – Then Stumbled on 2

A black circle with a blue outline against a black background with white specks

For decades, astronomers have searched without much joy for signs of “missing link” black holes, aka black holes with masses between those of “stellar-mass black holes” and “supermassive black holes.” The former have been seen scattered across the universe, and the latter are cosmic titans that dominate the hearts of galaxies — but when it … Read more

Physicists just created an element using a particle beam

A scientist working on a separator in the experiment. Photo: Marilyn Sargent/Berkeley Lab

A team of researchers at Lawrence Berkeley National Laboratory in California announced today that they created livermorium, or element 116, using a titanium particle beam for the first time. The achievement puts scientists close to the island of stability, a theorized point where superheavy elements can be long-lived, making them easier to study. “We needed … Read more

SpaceX just beat out the competition for a new contract – that’s not good

SpaceX just beat out the competition for a new contract – that's not good

Magnify / With Dragon and Falcon, SpaceX has become an important contractor for NASA. SpaceX There’s an emerging truth about NASA’s push toward commercial contracts that’s increasingly hard to escape: Companies not named SpaceX are struggling with NASA’s approach to awarding fixed-price contracts for space services. This belief is underlined by the latest award of … Read more

iPhone 17 is rumored to have mechanical aperture for portrait mode

iPhone 17 is rumored to have mechanical aperture for portrait mode

Apple plans to release at least one iPhone 17 model next year with a mechanical aperture, according to a report published today past The information. The mechanical system would allow users to adjust the size of the iPhone 17’s aperture, which refers to the opening of the camera lens through which light enters. All existing … Read more

Meta releases open-source AI model, rivals OpenAI, Google tech say

Meta releases open-source AI model, rivals OpenAI, Google tech say

SAN FRANCISCO — Meta released a new artificial intelligence model it says rivals technologies from OpenAI and Google — and makes it free for anyone to use. The new model, called Llama 3.1, expands Meta’s strategy to make their models open source, meaning anyone can use and modify them without paying the company. If successful, … Read more

Discovery of “dark oxygen” at the bottom of the Pacific Ocean amazes scientists – and may rewrite the origin of life

Discovery of "dark oxygen" at the bottom of the Pacific Ocean amazes scientists - and may rewrite the origin of life

The secret behind life on Earth may be deeper than we thought. Scientists have discovered that metal nodules on the ocean floor produce oxygen in total darkness without the help of living organisms, which could further our understanding of the origins of life. This eye-opening revelation was revealed in a groundbreaking study in the journal … Read more

Google is halting its 4-plus-year plan to turn off tracking cookies by default in Chrome

Google is halting its 4-plus-year plan to turn off tracking cookies by default in Chrome

Magnify / Google, like most of us, has a hard time letting go of cookies. Most of us simply haven’t created a complex set of APIs and brokered deals across regulations and industries to stick to the essential essence of cookies. Getty Images Google has an announcement today: it’s not going to do something it’s … Read more