Anduril alums raise $24M Series A to bring military logistics out of the Excel spreadsheet era
Rune Technologies raised $24 million to advance deployment of TyrOS, AI-enabled predictive software for military logistics that can run on the ground without internet connection.
Read moreFigma looks to raise nearly $1 billion as it kicks off its IPO roadshow
Figma looks to offer more than 36 million shares with an expected price range between $25 and $28 a share.
Read moreThis ‘violently racist’ hacker claims to be the source of The New York Times’ Mamdani scoop
The ultimate source for The New York Times' story about Zohran Mamdani's college application is an open secret. It's an anime-loving neo-Nazi whose hobbies include furry drawings, posting fan art of a video game character, and hacking universities. On X, the alleged hacker is followed by New York Times freelancer
Read moreIndian crypto exchange CoinDCX confirms $44 million stolen during hack
The crypto exchange, the largest in India, said it plans to absorb the costs of the breach.
Read moreNew zero-day bug in Microsoft SharePoint under widespread attack
Security researchers say Microsoft customers should take immediate action to defend against the ongoing cyberattacks, and must assume they have already been compromised.
Read moreMicrosoft SharePoint servers are under attack because of a major security flaw
Hackers have exploited vulnerabilities in Microsoft’s SharePoint software, placing tens of thousands of on-premises servers used by global businesses and agencies at risk. Microsoft issued an alert on Saturday disclosing that it was aware of “active attacks,” and that it was working to patch the zero-day exploit. Researchers at Eye
Read moreUK wants to weasel out of demand for Apple encryption back door
The UK government is reportedly set to back down from its battle with Apple to obtain back door access to secure user data protected by the company’s iCloud encryption. Victory hasn’t come through the courts, or government figures changing their minds on privacy matters, but thanks to ongoing pressure from
Read moreHyperinflation changes everything
My two latest blog posts have been about compound interest. I gave examples of interest rates of 6% up to 18%. Hyperinflation, with rates of inflation in excess of 50% per month, changes everything. Although many economists accept 50% per month as the threshold of hyperinflation, the world has seen
Read moreNumerical problem with an interest calculation
The previous post looked at the difference between continuously compounded interest and interest compounded a large discrete number of times. This difference was calculated using the following Python function. def f(P, n, r) : return P*(exp(r) - (1 + r/n)**n) where the function arguments are principle, number of compoundings, and
Read moreInterest compounding with every heartbeat
When I was a child, I heard an advertisement for a bank that compounded the interest on your savings account with every heartbeat. I thought that was an odd thing to say and wondered what it meant. If you have a rapid heart rate, does your money compound more frequently?
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