Day: October 2, 2020

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The new Microsoft Flight Simulator is an immersive beast of a PC game, and we can only imagine how immersive it might get in VR — but you might not have to imagine much longer, because Microsoft has just opened signups (via Eurogamer) for a closed beta of the virtual reality experience.

There are quite a few requirements if you want to be considered, though. Not only do you have to own the game, have a Windows Mixed Reality headset, be a registered Microsoft Flight Simulator “Insider” and sign an NDA, you’ll need a slightly beefier PC than the base game — with an Nvidia GeForce GTX 1080 or better sporting 8GB of VRAM, as well as 16GB of system memory.

And, you’ll need to prove your PC qualifies by submitting your DxDiag (press your Windows start button, type “dxdiag”, hit Enter) so Microsoft can confirm those specs and

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Meet Amazon’s Biggest Bull

October 2, 2020 | technology | No Comments

It is hard to argue with Amazon’s (AMZN) performance in 2020. Even amidst a global pandemic and a struggling economy, all the cards have fallen into place for the e-commerce behemoth. Amazon has seen revenue soar during the viral outbreak and so has its stock. Shares are up by 70% on a year-to-date basis.

However, one analyst thinks the Street has got it all wrong on Amazon. So, is there a bear among the long list of Wall Street Amazon bulls?

On the contrary. Pivotal analyst Michael Levine argues the Street is undervaluing Amazon’s SOTP (sum of the parts). In fact, the analyst calls Amazon “the best mega cap on a multiyear basis” and has just increased his price target to a Street high of $4,500. Levine, therefore, expects shares to add another 43% from current levels. No need to add, but the analyst’s rating stays a Buy.

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Investors were dumping FAANG stocks again Friday and there just may be some very plausible explanations as to why that’s happening after an apparent rebound from a correction over and done with.

FAANG stocks fell 13% in a span of several weeks in September. Valuations were in re-rate mode as at-home growth services like cloud computing, data center storage, e-commerce and streaming may have seen a massive demand pulled forward from later years in the maturity cycle of these businesses. Friday, FAANG stocks were down more than 2% by 2:15 PM EDT. Cyclical stocks, on a day which employment figures missed estimates and caused some investor anxiety in the morning about the speed of the economic recovery, mostly rose. And the 10-Year Treasury yield rose to as much as 0.70% from 0.67%. That indicates growing inflation expectations, which indicates a recovering economy and means investors do not have to take

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  • Paradigm CEO Joelle Emerson said in a tweet Thursday that a recent executive order from the Trump administration banning certain types of diversity training at federal contractors already caused her to lose a a client.
  • Emerson said the type of training her startup provides does not violate the executive order, but that this company ended it just to “play it safe.”
  • She said that other companies are holding off on diversity training altogether because of confusion over the order.
  • Paradigm is especially known for providing training to Silicon Valley startups and big tech firms, which have historically struggled to achieve representation of minorities in their workforces and C-suites.
  • Visit Business Insider’s homepage for more stories.

The CEO of a diversity training consulting firm said Thursday that her company has already lost a client due to President Trump’s recent executive order.

 

“We just lost our

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OTTAWA (Reuters) – Canada is probing allegations that Azeri forces involved in fighting with Armenia are using Canadian drone technology that was initially exported to Turkey, Prime Minister Justin Trudeau said on Friday.

Project Ploughshares, a Canadian arms control group, says video of air strikes released by the Azeri air force indicates the drones had been equipped with imaging and targeting systems made by L3Harris Wescam, the Canada-based unit of L3Harris Technologies

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The Globe and Mail newspaper said the firm had received permission earlier this year to ship seven imaging and targeting systems to Turkish drone maker Baykar. Turkey is a key ally of Azerbaijan, whose forces have been fighting for a week over the disputed enclave of Nagorno-Karabakh.

“In regards to the Canadian military equipment that may have been used … the minister of foreign affairs has launched an investigation into what exactly happened,” Trudeau told reporters when

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a laptop sits on top of a wooden table: A phone displays a screen from an exposure notification app, asking users if they'd like to begin sending and receiving data with other app users.


© Provided by Quartz
A phone displays a screen from an exposure notification app, asking users if they’d like to begin sending and receiving data with other app users.

For the first six months of the pandemic, the US lagged behind dozens of other countries in rolling out apps to alert citizens when they’ve come in contact with someone who has tested positive for Covid-19. But states are finally rolling out a wave of apps based on open-source software that has made their proliferation faster and cheaper.

Now people just need to download them.

The most recent additions to the canon are New York and New Jersey, which each launched apps on Oct. 1. By the next day, iPhone and Android users had installed the New York app about 250,000 times.

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Since August, seven other US states and Guam have launched exposure notification apps. Four of

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Public Domain Vectors

Source: Public Domain Vectors

In 1971, a messianic figure, Jim Jones, persuaded a great number of his followers to commit suicide, which the victims termed a “revolutionary act.” Revolution against whom or what was not specified. 

In 1993, Branch Davidians followed another messianic leader, David Koresh, into a compound at Waco, Texas, with misplaced faith and automatic weapons. Many of the faithful were killed in an epic standoff with law enforcement. 

And in 1997, a former music professor named Applewhite persuaded 38 people to commit suicide with him, with plastic bags and purple cloths over their heads and Nike sneakers on their feet, in an effort to reach a UFO hiding behind Comet Hale-Bopp. This UFO was to take them, via what they termed Heaven’s Gate, to an unspecified interplanetary reward. 

“Nike” is Greek for “victory.” Dying with your head in a plastic bag doesn’t seem especially victorious. 

Now, if

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  • Uber has announced it has sold a $500 million stake in its Uber Freight logistics business to New York-based private equity firm Greenbriar Equity Group.
  • Uber will retain majority ownership of Uber Freight.
  • The investment values the logistics arm of the company at $3.3 billion on a post-money basis.
  • Visit Business Insider’s homepage for more stories.

(Reuters) – Uber Technologies Inc said on Friday New York-based private equity firm Greenbriar Equity Group would invest $500 million in its logistics arm, Uber Freight, valuing the unit at $3.3 billion on a post-money basis.

The ride-hailing firm said it would maintain majority ownership of Uber Freight, and use the funds to scale its logistics platform and increase product innovation.

Unlike Uber’s ride-hailing app or its food-delivery service, Uber Freight operates as a middle man in the fragmented long-haul trucking business, connecting truckers with shippers.

Michael Weiss and Jill Raker, managing partners of

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Two members of a console hacking and piracy organization known as Team Xecuter have been arrested and charged with fraud, one of whom is named Gary Bowser. French national Max Louarn and Bowser, originally from Canada but arrested in the Dominican Republic, allegedly led the group, which makes a line of tools for cracking locked-down gaming hardware.

Team Xecuter is a sophisticated operation known best for its Nintendo hacks, including a USB device called the SX Pro that allows the Nintendo Switch to run pirated games. The group’s for-profit motive has made it controversial in the modding and emulation communities, reports Ars Technica, because those communities tend to focus on open-source efforts and shy away from selling products that could draw the attention of both console makers and federal authorities. Team Xecuter also makes hacking tools for the Nintendo 3DS and the NES Classic, among other devices.

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(Reuters) – Home rental company Airbnb Inc is aiming to raise around $3 billion in its upcoming initial public offering (IPO), people familiar with the matter said on Friday, taking advantage of the unexpectedly sharp recovery in its business after the COVID-19 pandemic roiled the travel industry.

FILE PHOTO: A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle Lurie/File Photo

Airbnb will be one of the largest and most anticipated U.S. stock market listings of 2020 which has already been a blockbuster year for IPOs, featuring the likes of record label Warner Music Group WMG.O, data analytics firm Palantir Technologies PLTR.N and data warehouse company Snowflake Inc SNOW.N.

Airbnb said in August it had filed confidentially for an IPO with U.S. regulators.

The company’s current plan is to

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