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A new year, and new opportunities for the Iron RangeIn addition to promoting water conservation, the new tax reform on water resource fees in Shandong Province also aims to improve transparency and accountability in water management. The government has committed to using the revenues generated from water resource fees to fund water infrastructure projects, water conservation initiatives, and monitoring programs to ensure compliance with water usage regulations. By reinvesting these funds back into water management efforts, the government hopes to create a more sustainable and effective system for managing water resources in the region.Get ready for yet another GPU shortage, as Nvidia has warned about potential shortages in the current quarter. Although the company’s third-quarter revenue saw a healthy growth, in its recent earnings call , company Chief Financial Officer Colette Kress said that the fourth-quarter revenue is expected to decline sequentially due to supply constraints. The anticipated GPU shortage could potentially stem from a strategic shift in production to prepare for the next-generation RTX 50-series “Blackwell” GPUs, slated for release in 2025. This supply transition, coupled with surging gaming and professional use-case demand, seems to have left the company in a tight spot. Nvidia acknowledged its struggle to maintain stock for both gamers and enterprise customers, emphasizing its ongoing efforts to expand manufacturing capacity. For gamers, this warning means longer wait times and potential price surges for Nvidia’s GPUs during the holiday season. Retailers may face limited inventory of RTX 40-series models, especially premium cards like the RTX 4080 and RTX 4090 . This challenge arrives as gamers increasingly seek powerful hardware for 4K gaming and emerging AI-enhanced features, making GPU availability crucial. Nvidia remains optimistic about a recovery though, projecting improved supply by early 2025 as production ramps up. Analysts note that the company’s dual strategy — balancing gaming and enterprise segments — has proven profitable but may exacerbate short-term shortages. Additionally, the ramp-up to the RTX 50-series could generate renewed interest among gamers, potentially easing pressure on older product lines. Despite these challenges, Nvidia continues to solidify its leadership in both gaming and AI markets. The company’s GPUs remain a cornerstone of the gaming ecosystem and the driving force behind advancements in generative AI technologies. However, gamers should brace for a challenging quarter in obtaining sought-after GPUs until supply levels stabilize. On the positive side, Nvidia’s third-quarter revenue surged 94% year-over-year to $35 billion, with net income rising 109% to $19.3 billion. The data center segment drove this growth, contributing $30.7 billion (87.7% of total revenue), fueled by strong demand for H100/H200 and upcoming Blackwell GPUs.
While homelessness across the United States increased by a dramatic 18% in 2024 compared to a year earlier, the Los Angeles region was among a handful of areas bucking the national trend — with a 5% drop in unsheltered homelessness over the same period, the first such drop in seven years, the US Department of Housing and Urban Development reported Friday. HUD’s 2024 Annual Homelessness Assessment Report: Part 1: Point-in-Time Estimates — an annual snapshot of the number of people in shelters, temporary housing or unsheltered settings — found more than 770,000 people nationwide were experiencing homelessness on a single night in January 2024, an 18% increase from 2023. According to HUD, the nationwide increase in homelessness in 2024 was tied to migration, displacement by natural disasters such as the Maui fire, and rising costs of housing. However, Los Angeles was among jurisdictions, including as Dallas and Chester County, Pennsylvania, marked by a decrease in people experiencing homelessness, HUD data found. Struggling with a high-cost rental market, Los Angeles increased the availability of housing for individuals and families experiencing homelessness, combining federal, state, county and city funds, according to the federal agency. “This crisis has been decades in the making, but after years of increases, we’ve turned the corner with the first decrease in street homelessness in years, by acting with innovative solutions that have resulted in thousands more people inside and more housing being built throughout the city,” Mayor Karen Bass said in a statement. “There’s still more work to do and this urgent work will continue in 2025.” The Los Angeles region, meanwhile, remained at the top continuums of care in California with people experiencing homelessness — an overall 71,201 homeless individuals, consisting of both sheltered and unsheltered, according to HUD data. Moreover, California, the state with the country’s highest population, also led the U.S. in the number of homeless people, followed by New York, Washington, Florida and Massachusetts. The city and county of San Diego stood at 10,605, followed by San Jose/Santa Clara at 10,394; Oakland, Berkeley/Alameda County at 9,450; San Francisco at 8,323; and Santa Ana, Anaheim/Orange County at 7,322. Nationwide, family homelessness increased by 39% compared to 2023. The homelessness count was done during a period of significant increases in rental costs, as a result of the pandemic and nearly decades of under-building of housing, HUD said. The Maui fire, among other natural disasters, led to an increase in homelessness. In Hawaii, more than 5,200 people were sleeping in disaster emergency shelters on the night of the count. Meanwhile, veterans experiencing homelessness decreased nearly 8% nationwide from 35,574 in 2023 to 32,882 in 2024, according to HUD’s data. The figure for unsheltered veterans dropped nearly 11% — from 15,507 in 2023 to 13,851 in 2024. In the LA region, the Los Angeles Homeless Services Authority’s 2024 homelessness count showed a 22.9% decrease in veteran homelessness. Bass’ office cited several initiatives — in partnership with federal leaders — that led to this decline, such as boosting participation in a veteran housing voucher program, HUD-VASH and making changes policy changes regarding veterans’ benefits.NORTH CAROLINA CENTRAL 131, VIRGINIA-LYNCHBURG 51As the concert came to a close, the memories created that night lingered on in the hearts of all those in attendance. Fans took to social media to express their delight and gratitude for the unforgettable experience, sharing photos and videos of the concert and the special moment between Yamashita Tomohisa and Jay Chou. The impact of the concert went beyond just entertainment, as it served as a reminder of the power of music to bring people together and create lasting memories.
In a recent and rather alarming turn of events, a retired elderly man made headlines for investing over a million dollars in more than ten insurance policies. His decision has left his family in a state of financial crisis, prompting widespread concern and debate about the importance of responsible financial planning in retirement.
Moreover, the escalating deposit war could lead to a race to the bottom in terms of interest rates, as banks strive to outbid each other to win over customers. This could create a challenging environment for banks, as they may be forced to offer increasingly unsustainable rates in a bid to stay competitive.In addition to the return of Evans and Downey Jr., Avengers 5 is shaping up to be a star-studded affair, with rumors circulating about the involvement of other fan-favorite characters from the MCU. The anticipation for the film is at an all-time high, with fans eagerly awaiting any tidbits of information that may provide clues about what's in store for Earth's mightiest heroes.
In a shocking turn of events, a highly anticipated PlayStation 4 exclusive game has been canceled due to what developers are calling mismanagement and lack of support from Ubisoft. The news has left fans disappointed and developers frustrated as they spoke out against the gaming giant for their handling of the project.In a shocking turn of events, a highly anticipated PlayStation 4 exclusive game has been canceled due to what developers are calling mismanagement and lack of support from Ubisoft. The news has left fans disappointed and developers frustrated as they spoke out against the gaming giant for their handling of the project.
AP Business SummaryBrief at 12:24 p.m. ESTSetting the record straight: Meritocracy and milestones at NNPCIn light of Manchester United's surprising move, attention has now turned to other Premier League clubs who are in the market for a sporting director. One such club is Arsenal, who have reportedly set their sights on Dan Ashworth as a potential candidate for the role.
Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar
In addition to the individual nominations, streaming giant Netflix is poised to be a major winner at this year's Golden Globes. With a record number of nominations across various categories, including Best Picture, Best Television Series, and Best Director, Netflix has solidified its position as a dominant force in the industry. Boasting critically acclaimed projects such as "True Colors," "Rift in Time," and "Queen of the Court," Netflix has proven that quality content knows no bounds.I'm A Celebrity Junkyard twist confirmed for new arrivals as ITV show continuesAccount sharing, the practice of sharing login credentials with friends, family, or even strangers in order to access premium content, has been a longstanding issue in the entertainment industry. While it may seem harmless on the surface, account sharing deprives content creators and platforms of the revenue they deserve, ultimately undermining the sustainability of the industry.