October started as one of the worst periods for quant funds in recent memory, with Renaissance Technologies taking particularly brutal losses. While most systematic funds recovered by month’s end, Renaissance’s two largest external funds finished deep in the red. The legendary quant firm’s Instituti
After suffering from subscription fatigue, one creative professional discovered that Blender’s powerful workspaces can handle image editing, video production, and motion graphics. The free open-source tool offers node-based editing that provides precise control once you overcome the learning curve.
Bobby Kotick says Activision almost bought Minecraft in 2014 but backed out when creator Markus “Notch” Persson warned he and his leadership team were quitting. Microsoft ultimately paid $2.5 billion for the game and studio, turning it into one of gaming’s biggest success stories.
Researchers at ETH Zurich have created magnetic microrobots that can swim through blood vessels to deliver clot-busting drugs directly to stroke sites. The technology combines magnetic navigation with medical imaging for precise targeting. Human clinical trials are the next step for this breakthroug
Michael Burry, famous for predicting the 2008 housing crash, is closing his hedge fund Scion Asset Management. He told investors he’ll liquidate funds and return capital by year’s end, citing his disagreement with current market valuations.
The U.S. cybersecurity agency CISA is tracking active exploitation of two security flaws in Cisco’s Adaptive Security Appliance software. These vulnerabilities have been used by an advanced threat actor since September to target government networks.
Legendary investor Michael Burry is shutting down Scion Asset Management and returning capital to investors by year’s end. In a surprising move, he’s named Phil Clifton—a previous winner of FT Alphaville’s Friday charts quiz—as his successor. The handoff comes as Burry warns about unhinged market va
Rockstar Games faces internal rebellion after firing over 30 employees who were attempting to unionize. More than 200 current staff have signed letters demanding their colleagues be reinstated, with protests planned at offices worldwide.
Apple is expanding its revenue collection to apps that live inside super-apps like WeChat. The new Mini Apps Partner Program lets developers opt into Apple’s payment system in exchange for 15% fees. This marks a significant shift in how Apple monetizes embedded app ecosystems.
Cisco has completely redesigned its partner program after a year of gathering feedback. The new approach focuses on cross-architecture selling and includes two new AI specializations. Partners like WWT are calling it the right move for the current market.
