THREAD: tech stocks soar

MYSTERIOUS DEATH of British Tech Entrepreneur’s Co-Defendant Before Yacht Sinks

21 August 2024 — Stephen Chamberlain, a former Autonomy Corp. executive, was fatally struck by a car in Cambridgeshire on Saturday. His death happened just days before his co-defendant Mike Lynch and five others went missing after their yacht sank off the coast of Italy.

Authorities confirmed that divers recovered a body from the sunken yacht near Palermo, Italy. The identity of the body has not been announced yet. NBC and Reuters reported another body was found inside the vessel.

Chamberlain had recently been acquitted alongside Lynch in a multibillion-dollar fraud case involving Hewlett Packard’s $11 billion takeover of Autonomy Corp. His lawyer praised him as "a courageous man with unparalleled integrity.

BRITISH Tech Magnate MISSING After Superyacht Tragedy

19 August 2024 — British tech magnate Mike Lynch and five others are missing after their luxury superyacht sank during a freak storm off Sicily. Lynch’s wife and 14 others survived the incident. Authorities confirmed that one body has been recovered, and police divers are attempting to reach the hull of the ship at a depth of 50 meters (163 feet).

The yacht, named Bayesian, was anchored near Porticello when a waterspout struck overnight. The sudden storm battered the area precisely where the 56-meter (184-foot) British-flagged vessel was moored. Salvo Cocina of Sicily’s civil protection agency stated, “They were in the wrong place at the wrong time.”

The Bayesian had a crew of 10 and 12 passengers on board. Another nearby superyacht assisted in rescuing some of the survivors, including Lynch’s wife Angela Bacares. The yacht was notable for its single 75-meter (246-feet) mast made of aluminum, which was lit up just hours before it sank.

Biden’s BORDER Policy SHOCKS Americans: Crime Rates Soar

11 June 2024 — President Biden’s border policy has led to a surge in illegal crossings. Many Americans are worried about the rising crime rates linked to this influx. Local communities are feeling the impact, and some residents say they no longer feel safe in their own neighborhoods.

Critics argue that Biden’s approach is too lenient and lacks proper enforcement. They believe this has encouraged more people to cross illegally, putting a strain on resources and law enforcement.

Supporters of stricter border control point out that crime rates have increased in areas with high numbers of illegal immigrants. They call for immediate action to secure the border and protect American citizens from further harm.

The debate over immigration policy continues, but one thing is clear: many Americans are deeply concerned about their safety and the future of their communities under current policies.

ISRAEL’S WAR: Allies Demand Cease-Fire as Civilian Deaths Soar

18 December 2023 — Israel is under increasing pressure from European allies to halt its ongoing 10-week conflict in Gaza. The calls for a cease-fire come in the wake of several shootings, including the unintended killing of three Israeli hostages. These incidents have ignited global unease about Israel’s conduct during the war and sparked protests within its borders. Citizens are urging their government to return to negotiations with Hamas.

U.S. Defense Secretary Lloyd Austin is slated for a visit on Monday, adding more weight to the call for Israel to reduce major combat operations. While the U.S. continues to provide vital military and diplomatic support, it has voiced growing concern over civilian casualties resulting from this conflict. The war has led to thousands of civilian deaths and displaced an estimated 90% of Gaza’s population from their homes.

In response, Israel has permitted U.N aid trucks access into Gaza via a second entry point starting Sunday. However, Palestinians desperate for aid swarmed these trucks at the Rafah crossing with Egypt causing some trucks to halt prematurely as supplies were hastily taken away by locals.

The U.N agency responsible for Palestinian refugees estimates that over 60% of Gaza’s infrastructure has been decimated due to this war,“ reports state, ”Telecom services are slowly coming back online after a four-day blackout which further hindered rescue efforts and aid delivery.

FRONTIER AI: A Ticking Time Bomb? World Leaders and Tech Titans Convene to Discuss Risks

01 November 2023 — The latest buzzword in the realm of artificial intelligence, Frontier AI, has been causing a stir due to its potential threats to human existence. Advanced chatbots like ChatGPT have dazzled with their capabilities, but fears about the risks associated with such technology are escalating. Top researchers, leading AI companies, and governments are advocating for protective measures against these looming dangers.

British Prime Minister Rishi Sunak is orchestrating a two-day summit on frontier AI at Bletchley Park. The event is set to draw around 100 officials from 28 nations including U.S. Vice President Kamala Harris and European Commission President Ursula von der Leyen. Executives from prominent U.S. artificial intelligence firms such as OpenAI, Google’s Deepmind and Anthropic will also be in attendance.

Sunak asserts that only governments can shield people from the hazards posed by this technology. However, he stressed that the U.K.'s strategy is not to hastily impose regulation despite identifying potential threats like using AI for crafting chemical or biological weapons.

Jeff Clune, an associate computer science professor at the University of British Columbia who specializes in AI and machine learning was among those urging for more government intervention in mitigating risks from AI last week — echoing warnings issued by tech tycoons like Elon Musk and Open

TECH TYCOON’S Angel Slain: Hamas Turns Israeli Music Festival into Nightmare

13 October 2023 — In a shocking turn of events, Danielle Waldman, the 24-year-old daughter of tech industry titan Eyal Waldman, was brutally killed in a Hamas attack on an Israeli music festival. The young Californian had journeyed to Israel specifically to attend the Supernova music festival. Her father confirmed to CNN that she and her boyfriend Noam were tragically caught in the crossfire during the rave near Kibbutz Re’im on the Gaza border.

The intended peaceful celebration morphed into a bloodbath as over 260 people lost their lives. Countless others were either injured or abducted by the terrorist group. A grief-stricken Eyal Waldman expressed his initial hope to reporters that his daughter might have been taken hostage and would eventually be returned.

Eyal Waldman is renowned for establishing Mellanox in 1999, a firm specializing in high-speed servers and storage-switching solutions. In 2020, US gaming and computer graphics behemoth Nvidia acquired Mellanox for $7 billion. Interestingly, Waldman stirred both tech circles and Arab world by setting up research centers employing Palestinian developers within West Bank and Gaza Strip.

LIBYA’S FLOOD Nightmare: Over 1,500 Lives Lost, Death Toll May Soar Beyond 5,000

12 September 2023 — Emergency teams in Derna, an eastern city in Libya, have discovered more than 1,500 bodies following the catastrophic floods triggered by Mediterranean storm Daniel. The death toll is expected to climb over 5,000 as the city was devastated when floodwaters broke through dams and wiped out entire neighborhoods. This disaster underscores both the storm’s power and a nation’s susceptibility fractured by over ten years of turmoil.

Libya is divided between rival governments in the east and west leading to widespread neglect of infrastructure. Aid only started arriving in Derna on Tuesday, a full day and a half after the disaster hit. The floods damaged or destroyed numerous access routes to this coastal city home to roughly 89,000 people.

Video footage showed dozens of bodies draped with blankets in one hospital yard and mass graves brimming with victims. By Tuesday evening, more than half of the recovered bodies had been buried according to eastern Libya’s health minister. Mohammed Abu-Lamousha from east Libya’s interior ministry cited a death toll surpassing 5,300 for Derna alone while Tamer Ramadan from International Federation of Red Cross and Red Crescent Societies estimated that at least 10,000 people were still unaccounted for.

Twitter User @x LOSES Handle After Twitter Rename; Offered Tour and Merchandise as Compensation

31 July 2023 — Gene X Hwang, known as @x on Twitter since 2007, knew his username’s days were numbered after Elon Musk’s recent renaming of the platform to “X.” Upon landing from a pinball tournament in Canada, Hwang found messages notifying him that the company had taken over his handle.

Twitter explained that Hwang’s account data would be preserved and that he would receive a new username. The company offered Hwang merchandise, a tour of its offices, and a meeting with management as compensation.

The change in his account is one of the latest disruptions since Musk’s takeover and the replacement of Twitter’s blue bird logo with the letter “X.”