
Tiger Global’s Biggest Venture Fund Has 18% Loss After Markdowns
Investors in Tiger Global Management’s biggest venture fund were sitting on an 18% paper loss at the end
2023-12-01 07:17

Yen’s Plunge Is a Blessing and a Curse for People in South Korea
South Koreans are celebrating after the yen fell to its lowest level against the won in 15 years.
2023-12-01 06:24

Pat Noonan highlights Lucho Acosta's off-the-field growth during MVP award reception
FC Cincinnati head coach Pat Noonan praised Lucho Acosta's growth away from soccer after he was awarded MLS MVP.
2023-12-01 05:59

Apparel Maker Faherty Explores Selling Minority Stake
Faherty Brand, a family-owned clothing brand and retailer, is exploring strategic options including the sale of a minority
2023-12-01 05:58

Traders Are Eager for Even More Gains After November’s Skeptic-Defying Rally
The US stock market just posted its best month in almost a year and a half, and one
2023-12-01 05:26

TikTok CEO Challenged by Tech Leaders on Pro-Palestine Posts
TikTok Chief Executive Officer Shou Chew and other top executives met recently with 40 influential leaders, including many
2023-12-01 05:26

Cathie Wood Clocks in Best Month Ever Despite Waning Fanbase
Cathie Wood is making a comeback, with or without a fanbase behind her. After trailing the Nasdaq 100
2023-12-01 05:22

Texas Sues Pfizer for Overstating Covid-19 Vaccine Effectiveness
Texas Attorney General Ken Paxton accused Pfizer Inc. of misrepresenting the effectiveness of the company’s COVID-19 vaccine in
2023-12-01 03:53

Vanguard’s Biggest Bond ETF Becomes First to Break $100 Billion
A bond exchange-traded fund crossed $100 billion for the first time since such products launched over two decades
2023-12-01 03:29

Scientists find huge planet that shouldn’t exist
Scientists have found a vast planet, so large that it should not exist. The planet appears to be too big for its sun, and therefore calls into question our understanding of how planets and solar systems form, according to the researchers who found it. The planet is more than 13 times as massive as Earth. It orbits around a star that is nine times less massive than our Sun. As such, the ratio between the two of them is 100 times higher than it is between the Earth and our sun. It is the first time that a planet with such a high mass has been seen orbiting a star with such a low amount of mass. And the discrepancy is so large that scientists thought such a planet could not exist. “This discovery really drives home the point of just how little we know about the universe,” said Suvrath Mahadevan, from Penn State. “We wouldn’t expect a planet this heavy around such a low-mass star to exist.” When stars are formed, out of large clouds of gas and dust, that material sticks with the star as a disc that orbits around it. Planets can then form out of that extra material, and go on to make a planetary system like our own. But science would suggest that the disc around the star in the new paper, known as LHS 3154, would not have enough material to make a planet so large. “The planet-forming disc around the low-mass star LHS 3154 is not expected to have enough solid mass to make this planet,” Mahadevan said. “But it’s out there, so now we need to reexamine our understanding of how planets and stars form.” The finding is reported in a new paper, ‘A Neptune-mass exoplanet in close orbit around a very low mass star challenges formation models’, published in Science. Read More Astronomers find unprecedented ‘disc’ around distant planet Planet too big for its sun ‘is challenging the idea of how solar systems form’ Elon Musk’s SpaceX rockets are punching holes in edge of space
2023-12-01 03:27

Kravis-Backed ‘Friends of Golf’ Group Drops PGA Pursuit
A consortium dubbed “Friends of Golf” featuring billionaires Henry Kravis and George Roberts has dropped its pursuit of
2023-12-01 02:51

OpenAI Tender for Employee Shares Is On and Extended to Jan. 5
OpenAI is sticking with a plan to let employees sell shares in the company through what’s known as
2023-12-01 02:26