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Nvidia founder, president and CEO Jensen Huang displays his tattoo in September 2010.
Nvidia cofounder and CEO Jensen Huang.
  • Nvidia's stock surge boosted its market cap by about $500 billion, almost Tesla's entire worth.
  • Its $1.7 trillion market cap is closing in on Amazon and Alphabet.
  • Nvidia CEO Jensen Huang's fortune has surged by $17 billion this year to $61 billion, per Bloomberg.

Nvidia's stock surge in 2024 has boosted its value by about $500 billion



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Engadget

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Meta’s Oversight Board wants the company to update its manipulated media policy, calling the current rules “incoherent.” This follows the board’s decision about a misleadingly edited video of President Joe Biden.

The video featured footage from October 2022, when the president accompanied his granddaughter, who was voting in person for the first time. News footage shows him placing an “I voted”



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Hertz EV
Hertz has rolled back its ambitious EV plans in recent weeks.
  • Hertz is pausing plans to buy 65,000 EVs from Polestar, the Swedish firm's CEO told the FT.
  • It comes after Hertz said it would sell 20,000 electric vehicles due to high repair costs.
  • It's the latest sign the EV push is stalling as automakers and drivers rethink going electric. 

Hertz is scaling back its EV



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Engadget

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The latest beta update for the PlayStation 5 will make it easier to hear what's going on in your game. Sony Interactive Entertainment (SIE) has announced the software update, which will enable DualSense and DualSense Edge wireless controllers to produce louder audio so that you can hear in-game sounds and audio chats more clearly. 

In addition to giving controllers the ability to produce louder



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A stock image shows a gavel, keyboard, and dollar notes.
A stock image shows a gavel, keyboard, and dollar notes.
  • A company has agreed to pay a former employee $105,000 in back page and damages.
  • According to the lawsuit, she was fired after refusing to retire at 65.
  • The company replaced her with a man in his 30s, despite telling her the role was being eliminated.

A former employee will receive $105,000 in back pay and damages after



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The Verge

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Chart showing Spotify’s increase in users and subscribers.
Spotify’s growing userbase. | Image: Spotify

Spotify now boasts 236 million Premium subscribers, a 4 percent increase over last quarter, while its total number of monthly active users rose 5 percent to 602 million. The announcement came as part of its fourth quarter earnings release, which covers the three months ending on December 31st. Over the course of 2023, Spotify’s



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Mashable

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Closeup view of crossword puzzle clues

The Mini is a bite-sized version of The New York Times' revered daily crossword. While the crossword is a lengthier experience that requires both knowledge and patience to complete, The Mini is an entirely different vibe.

With only a handful of clues to answer, the daily puzzle doubles as a speed-running test for many who play it.

So, when a tricky clue disrupts a player's flow, it can be



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Justin Mcleod Hinge
Justin McLeod, founder and CEO of Hinge.
  • Justin McLeod accepted a job offer from the consulting firm McKinsey while in business school. 
  • However, he kept delaying starting the job for two years. 
  • McLeod had invested his $12,000 signing bonus into an idea for a dating website called Hinge. 

Hinge's CEO accepted a job offer from McKinsey while in business school but kept delaying the start date



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A home for sale in Austin, Texas, in October, 2023.
A home for sale in Austin, Texas, in October, 2023.
  • The Sunbelt has seen its population continue to surge since the pandemic hit in 2020. 
  • But now, it's West Coasters who are increasingly moving south.
  • These movers are disproportionately higher-income, a new Bank of America report found.

Southern and Southwestern American cities have welcomed a growing number of new residents


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Spokane Washington
Spokane, WA.
  • Spokane Valley, Washington, and Allentown, Pennsylvania saw the largest growth in high-income households.
  • Ten US cities had increases of at least 120% in households moving in making $200,000 or more.
  • More wealthy movers moving into these cities could have large impacts on local economies.

Spokane Valley, Washington is seeing the fastest growth in high-income


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Xi Jinping
Chinese President Xi Jinping.
  • China's economy has struggled to regain post-pandemic traction.
  • Stock markets have crashed since their peaks in 2021, underscoring a loss in investor confidence.
  • But Beijing hasn't conceded its economy is in trouble, which could be holding it back from fixing structural issues, says the Rhodium Group.

China's economy can be tricky to read.

While


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