On November 20, 2024, Reddit experienced a significant technical disruption that affected users worldwide. Beginning around 3 p.m. ET, nearly 50,000 reports flooded Downdetector highlighting accessibility issues. The problem, attributed to a bug from a recent update, impacted the website, mobile platforms, and native applications. Users faced error messages, slow loading times, and irregular access, pushing many to switch to alternative social media sites like Bluesky, which also experienced minor outages due to increased traffic. Reddit scrambled to fix the issue and managed to restore much of the service by evening, although some functionalities still faced delays. This event underscores the critical role Reddit plays in online communication and its ongoing technical challenges.
NVIDIA has announced exceptional third-quarter financial results for fiscal 2025, achieving record revenues of $35.1 billion, marking a 17% increase from the previous quarter and a 94% year-over-year rise. Driven by a booming demand for AI technologies, NVIDIA's Data Center segment significantly contributed to this growth, with revenues reaching $30.8 billion. Despite its robust performance, NVIDIA's stock saw a slight fall due to investor concerns over future supply constraints. The company's future guidance remains optimistic, as it forecasts fourth-quarter revenues to align closely with market expectations. Additionally, shifts in shareholder investments raise concerns about the sustainability of AI-driven growth.
President-elect Donald Trump and SpaceX CEO Elon Musk observed the sixth test flight of the SpaceX Starship rocket on November 19, 2024, marking significant progress and setbacks. Despite the inability to recover the Super Heavy booster with the 'Mechazilla' system, the successful reignition of a Raptor engine in space and a safe splashdown highlight advancements in rapid spacecraft reuse. This event underscored Trump's and Musk's partnership and raised concerns about potential conflicts of interest due to SpaceX's government contracts.
President-elect Donald Trump has appointed former Congressman Sean Duffy to serve as the new Secretary of the Department of Transportation. Duffy, a staunch supporter of Trump and former Fox Business co-host, has a background in Congress on the Financial Services Committee but lacks direct transportation experience. Nevertheless, Trump emphasizes Duffy's fiscal responsibility and bipartisan collaboration capabilities. If confirmed, Duffy will oversee a significant budget and manage policies related to various transportation sectors, as he addresses pivotal issues such as aviation safety, labor negotiations, and the promotion of electric vehicles. This nomination is part of Trump's strategy to appoint media-savvy figures to key cabinet positions, further highlighting the evolving dynamics of transportation policies in the United States.
The Game Awards 2024, scheduled on December 12 at the Peacock Theater in Los Angeles, will commemorate ten years of excellence in the video game industry. Hosted by Geoff Keighley, this prestigious event will spotlight titles like Astro Bot and Final Fantasy VII Rebirth, both securing seven nominations, including Game of the Year. Viewers can anticipate engaging segments such as Best Direction and Best Narrative, with fan voting contributing to the outcome. As a premier gaming event, it promises to captivate audiences globally with exclusive game announcements and more.
Air travelers in the United States are set to experience significant changes as the TSA plans to lift the 3-1-1 liquid rule, thanks to advancements in CT scanner technology. This change will allow passengers to carry full-sized liquids in carry-on bags, improving travel experience and reducing waste. However, a full implementation across U.S. airports will take time as new scanning machines are installed to accommodate this change.
In a captivating encounter, Jake Paul triumphed over boxing legend Mike Tyson by unanimous decision on November 15, 2024, in a fight broadcasted globally via Netflix. Held at AT&T Stadium, the match set a new benchmark in Texas for boxing event revenue and epitomized the lucrative interplay of legacy and modern entertainment. Paul garnered $40 million, underscoring his ambition to blend financial success with sporting achievements, while Tyson earned $20 million, highlighting a departure from traditional boxing venues for streaming platforms.
Live Nation, the parent company of Ticketmaster, is experiencing significant financial growth with an increase in global ticket sales and profitability, despite facing technological failures and legal battles. The company has achieved impressive milestones in concert attendance and stock valuation, primarily driven by high-demand tours like Taylor Swift's. However, challenges persist as fans express dissatisfaction over technical glitches during ticket sales for popular events. Adding to the scrutiny, a lawsuit alleging fraud and negligence in ticket sales, as well as a recent data breach involving Ticketmaster, compounds the hurdles faced by the company. Despite these issues, Live Nation remains focused on enhancing the fan experience through strategic initiatives.
A viral TikTok post has sparked unconfirmed rumors about the deaths of the X2 Twins, Fortnite gamers Jesse and Jordan Eckley. Despite claims of their passing from heart failure due to extensive gaming, no official confirmations have been made. Fans are expressing concern amid the twins' social media hiatus, with many urging caution in believing unverified reports.
Disney stock experienced a significant rise of over 9% after the company's fiscal fourth-quarter earnings report exceeded Wall Street forecasts for both revenue and profits. The conglomerate reported revenue of $22.57 billion, surpassing analyst predictions, and demonstrated growth from the previous year. Disney showcased notable profitability in its direct-to-consumer streaming segment, a key driver of this positive financial performance. Disney's succession planning also came to light as it looks for a successor to CEO Bob Iger. This earnings report illustrates a broader strategic focus on streaming services, amidst challenges in traditional media sectors.