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.
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.
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
The restaurant payment platform Sunday has raised a $21 million Series B to expand across the U.S. Founded by hospitality veterans, the company is processing $4 billion annually for 80 million guests and reporting 3x year-over-year growth.
Nvidia’s vice presidents fly coach and don’t have executive assistants, according to a VP’s LinkedIn post. The policy reflects the $4 trillion chipmaker’s flat organizational structure, though some executives do get luxury perks.
Mexico’s historic Tulancingo Ground Station has been operating on emergency power since October 6 after a lightning strike disabled its substation. Repairs won’t be completed until the end of November, forcing cancellation of public events and raising concerns about satellite operations.
Samsung’s ambitious triple-folding phone appears headed for a December 5 launch, but with major limitations. The $3,000 device will only see limited release in Asian markets with just 30,000 units initially. This feels more like a technology showcase than a mainstream product.
Einride announced it’s going public through a SPAC merger with Legato Merger Corp. III. The deal values the autonomous electric freight company at $1.8 billion and aims to accelerate global expansion. The company currently operates about 200 electric vehicles serving over 25 enterprise customers.
