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  • July 21, 2025
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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.

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  • July 21, 2025
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Figma 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.

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  • July 21, 2025
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This ‘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

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  • July 21, 2025
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Indian 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.

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  • July 21, 2025
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New 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.

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  • July 21, 2025
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Microsoft 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

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  • July 21, 2025
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UK 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

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  • July 20, 2025
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Hyperinflation 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

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  • July 20, 2025
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Numerical 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

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  • July 20, 2025
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Interest 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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