SINGAPORE--(BUSINESS WIRE)--Sep 12, 2023--

Cloud data analytics company Snowflake beat second-quarter revenue and profit estimates on Wednesday, boosted by rising data management

Mongolia has agreed to supply critical metals to France that it needs as part of its shift to

Slack, the popular workplace chat app, has broken in the middle of the day. The outage means that colleagues are unable to talk to each other. Attempting to send messages showed an error that indicated they had not been delivered – though users were still able to see old conversations. Many of the world’s biggest companies rely on Slack to connect colleagues both within and across companies. As many workplaces have gone at least partly remote, it is now a significant part of workplace communication. The outage began around 10am UK time on Thursday. Tracking website Down Detector showed a rapid spike in the number of reports of problems. The official Slack status page had not been updated at the time of publication. It had also not posted on its official Twitter accounts, which it sometimes uses to provide updates on outages. Read More Elon Musk’s Twitter rebrand ‘blocked in Indonesia’ Elon Musk takes control of @X account from user who had held it for 16 years Elon Musk’s ‘X’ is already trademarked by Mark Zuckerberg

Arm Ltd. Chief Executive Officer Rene Haas, gearing up for the biggest initial public offering of the year,

Mark Zuckerberg has revealed the new Meta Quest 3, just days ahead of the widely-expected launch of Apple’s own virtual reality headset. The new version of the Quest has higher resolution graphics, better performance and a slimmer and more comfortable design, Meta claimed. The new version of the headset will release later this year, Meta said, and much was left unannounced about the new headset, including the full details of the chip that will power it. Mr Zuckerberg suggested that more details about the new headset would be revealed at Meta’s “Connect” conference, on 27 September. While Meta and Mr Zuckerberg did not address the widespread rumours that Apple would launch its own headset, the reveal looks to have been scheduled to attempt to beat the reveal of that product. Apple will hold its Worldwide Developers Conference event on Monday, during which it is expected to release its own headset to the world. Like the new Meta Quest 3, Apple’s headset is expected to focus on graphics and a comfortable design, aimed at uses in both gaming and social features. Meta has long been looking to position virtual and augmented reality as the future for years, even renaming the company from Facebook to Meta in an attempt to shift focus onto its work in what it calls the metaverse. But it said that the new headset was the first that could allow for both “cutting-edge VR and MR experiences in a single device”, meaning that users can both inhabit entirely virtual worlds as well as put virtual objects into the real world. ““Ultimately, our vision is to enable you to move through all realities in a way that’s intuitive and delightful, going beyond the rigid classifications of ‘virtual reality’ and ‘mixed reality’ to deliver truly next-gen experiences that let you effortlessly blend the physical and virtual worlds,” said Mark Rankin, Meta’s vice president of virtual reality. “Meta Reality gives you both the deep, immersive magic of VR and the freedom and delight of making your physical world more fun and useful with MR. We’re excited to see what developers and creators can build on the Quest Platform when the possibilities are limitless.” The Meta Quest 3 will cost $499.99 USD for the 128GB option, with the option to pay for more storage space. The Meta Quest 2 will also receive a reduction in price, and it and the Quest Pro will receive software updates that Meta said should improve the performance of that headset. The Quest 2 and Quest Pro will stay in Meta’s line up, and will continue to get software updates, Meta said. “While Quest 3 sets a new standard for mixed reality, immersive gaming, and what a mainstream VR headset can be, Quest 2 remains our most affordable entry point to VR and Pro is optimized for work use cases, with face and eye tracking for more authentic self-expression in meetings,” it wrote in its announcement. Read More Meta Ireland to cut about 490 jobs AI chatbot taken down after it gives ‘harmful advice’ on eating disorders Famous torrent site RARBG shuts down with final parting message

KeyBanc Capital Markets analyst John Vinh cut lowered his target for the price to $650 from $750.

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Chinese demand for Australian iron ore will remain strong despite the nation’s disappointing post-pandemic recovery, according to Fortescue

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Excitement about a possibly revolutionary new material has continued to grow – even without any firm proof that it exists. Last week, two new papers published by researchers in South Korea claimed that they had been able to create a room temperature, ambient pressure superconductor. Until now, all superconductors have required cold temperatures and high pressure, and their practical use has been limited as a result. Such a breakthrough would achieve one of the holy grails of engineering and physics. It would allow for vastly more efficient energy transfer and the development of products such as powerful maglev trains. But almost as soon as the paper was released, experts urged caution about its findings. The claims in it could represent a significant breakthrough – but they were still far from confirmed, and similar reports have been released in the past that were later debunked. And there is still no clear indication that the breakthrough described in the original paper is definitely real. And despite numerous attempts to replicate the study, none have yet done so convincingly. Some new work has suggested that the findings could at least be possible. In a new paper published on Monday, Sinéad Griffin from Lawrence Berkeley National Laboratory simulated the material and suggested that it was at least theoretically possible. She shared the paper in a tweet accompanied by a “mic drop” gif. And it immediately had what was presumably the intended effect: leading to an increase in discussion of a topic that had already generated tremendous excitement. Around the same time, new videos appeared from China that claimed to show the work of a team who had successfully replicated the material. That showed the levitation effect that happens with superconductors – but not the low resistance that is required for the claims to be verified, and the material to be useful. Work to verify whether the original paper is correct and the material is actually as claimed is ongoing. But each of those videos only served to make the claims of a new breakthrough become louder, even as there was no firm proof that it had actually happened. For a period on Tuesday, the betting markets implied that the most likely result was that the papers would be replicated. Polymarket, a prediction market that lets people bet on a wide array of events, suggested that people tended to think there was a roughly 60 per cent chance the result would be replicated – but a couple of hours later it slid back, and more bets had been placed on the outcome that the superconductor is not real.

CHICAGO--(BUSINESS WIRE)--Sep 7, 2023--