The “phased rollout” of the new Free Application for Federal Student Aid is on track for the upcoming academic year, the U.S. Department of Education says. So far, the 2025-26 FAFSA has been available to limited groups of students in a series of beta tests that began on Oct. 1. It will become available to all students […]
Super Micro auditor resigns after raising concerns months earlier
Sopa Images | Lightrocket | Getty Images Super Micro’s shares plunged as much as 35% Wednesday morning after the company disclosed its auditor had resigned following months of disagreement with the firm over its governance and board independence. Ernst & Young in its resignation letter said it was “unwilling to be associated with the financial […]
’90s fitness icon Susan Powter disappeared from public life after ‘mortifying’ Hollywood experience
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OpenAI’s Transcription Tool Hallucinates. Hospitals Are Using It Anyway
On Saturday, an Associated Press investigation revealed that OpenAI’s Whisper transcription tool creates fabricated text in medical and business settings despite warnings against such use. The AP interviewed more than 12 software engineers, developers, and researchers who found the model regularly invents text that speakers never said, a phenomenon often called a “confabulation” or “hallucination” […]
Nillion network raises $25M for decentralized privacy solutions
Since its graduation from an accelerator in January 2023, privacy solution Nillion has raised a total of $50 million.
Inflation is down, but the middle class remains under pressure
At the national level, the middle class is typically defined as households that earn between two-thirds and double the household median income. Based on 2023 figures, that means those with an annual income between $53,740 and $161,220. Compared to its peak, inflation in the U.S. has eased substantially. According to the Bureau of Labor Statistics, […]
Bitcoin tops $70,000 for the first time since June
Omer Taha Cetin | Anadolu | Getty Images Bitcoin climbed above $70,000 as investors braced themselves for MicroStrategy earnings and counted the days to the U.S. presidential election. The price of bitcoin was last higher by about 2% at $71,048.36, according to Coin Metrics. Ether jumped 5%. Stocks tied to the price of the cryptocurrency […]
‘Dallas’ star Linda Gray turns to helping others after being shook to her ‘core’ decades after hit show’s end
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AI Slop Is Flooding Medium
Some Medium writers and editors do applaud the platform’s approach to AI. Eric Pierce, who founded Medium’s largest pop culture publication Fanfare, says he doesn’t have to fend off many AI-generated submissions and that he believes that the human curators of Medium’s boost program help highlight the best of the platform’s human writing. “I can’t […]
Stablecoins essential for US dollar’s future, says Paxos CEO
In an open letter to Donald Trump and Kamala Harris, Charles Cascarilla highlighted the role of stablecoins in maintaining the US dollar’s global dominance and improving banking efficiency.