Wednesday, February 26
Bitcoin euphoria is back as investors prepare for the quadrennial ‘halving’

Bitcoin euphoria is back as investors prepare for the quadrennial ‘halving’

Bitcoin rose to $US50,000 on Monday for the first time in two years, fuelled by a rush of new-investor enthusiasm and growing anticipation over a cryptic-sounding event known as "the halving." Bitcoin, the world's most popular cryptocurrency, dipped back into the high 40s on Tuesday, snapping seven straight days of increases, and it remains far from its all-time high of around $US69,000. But Bitcoin has staged a remarkable comeback over the past year and half, climbing more than 200 per cent from its 2022 low of $US16,000. There are a few key forces forces driving the latest Bitcoin euphoria, including an influx of money from investors in newly launched Bitcoin exchange-traded funds (ETFs) and excitement over the halving, when the rate of Bitcoin production is slashed. ...
Paramount Global to cut 800 staff after record Super Bowl revenue and ratings

Paramount Global to cut 800 staff after record Super Bowl revenue and ratings

Paramount Global, the owner of broadcast and cable TV networks, announced Tuesday it will lay off hundreds of staffers as the media giant looks to reduce costs and grow revenue. The news comes just days after its CBS network saw record-breaking advertising sales and the highest-rated telecast for the Super Bowl. The company's chief executive, Bob Bakish, announced the layoffs in a memo to employees Tuesday obtained by CNN. While Bakish did not specify the number of layoffs, sources familiar with the matter told CNN around 800 employees, or roughly 3 per cent cut of the company's workforce, will be affected. The announcement follows a January 25 memo in which Bakish warned that Paramount Global would "reduce our workforce globally" as part of "our path to earnings ...
US librarian hides lifesaving phones in books for domestic violence victims

US librarian hides lifesaving phones in books for domestic violence victims

It's not every day a librarian takes a boxcutter to a book. But by doing so, Molly Riportella may be saving lives. "I usually try to like go a couple pages after a chapter begins," the Massachusetts librarian said, explaining what she why she was carefully hollowing out the books. Inside the rectangle-shaped holes within the pages, Riportella hides a prepaid mobile phone to be used by a victim of domestic violence. "The phone is a little sliver of hope and real chance to make contact with the outside world," Riportella said. "To talk to a lawyer or talk to an advocate who can get you the next steps to move on." The librarian came up with the idea two years ago when a friend told her they were in a controlling relationship where their pa...
Mother, daughter charged with attempted murder after frying pan attack

Mother, daughter charged with attempted murder after frying pan attack

Body camera footage captured the bloody aftermath of an attempted murder in January by a Tennessee mother and daughter, according to local authorities. The video shows a father and husband beaten and bloodied after his own wife and daughter beat him with a cast iron pan and tried to choke him with a belt, the Cheatham County Sheriff's Office said. On January 27, deputies responded to a suburb in Ashland City where the man had contacted a neighbour to call 911. The man told deputies he and his wife had been arguing and went to sleep. He was awakened by being hit on the head with the pan, according to a sheriff's office arrest affidavit. When he opened his eyes, he could see his daughter, Kelly Davis, 29, standing over him with the pan in hand, before she hit h...
Great white sighting may reveal a ‘holy grail’ of shark science

Great white sighting may reveal a ‘holy grail’ of shark science

Drone footage shot off the coast of Southern California may have revealed the first ever glimpse of a newborn great white shark in the wild. The 1.5-metre-long white shark was spotted on July 9, 2023, 400 metres off the coast of Carpinteria, California, by wildlife filmmaker Carlos Gauna and Phillip Sternes, a doctoral student in the department of biology at University of California Riverside, while they were shooting aerial video and images. Its pale colouring and size immediately struck the duo as unusual. Adult great white sharks are grey on top and white underneath. Gauna and Sternes examined the images and video in the viewfinder of the drone camera and noticed a thin, white film covering the shark that was sloughing off the animal as it moved. "We enlarged t...
A man called 911 and said he’d been shot. Authorities found him and five others dead in a California desert after a drug dispute

A man called 911 and said he’d been shot. Authorities found him and five others dead in a California desert after a drug dispute

Authorities in southern California have arrested five men in connection to the grisly killings of six people discovered shot – and some of whom were also burned – last week in a remote area of the Mojave Desert. All six had apparent fatal gunshot wounds – and four of the bodies had also been burned, San Bernardino County Sheriff's Office Sergeant Michael Warrick said during a Monday evening (Tuesday morning AEDT) news conference. The killings appear to be connected to illegal marijuana, authorities said, though they did not release many details, as the case is being reviewed by the district attorney's office. The victims, all men, were discovered last Tuesday night after dispatchers received a 911 call from one of them. Warrick said the man told them in Spanish he had ...
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