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Lyft CEO Says Company Takes Up to 30% of Fare

6 days 20 hours ago
Lyft Chief Executive Officer David Risher talks about the latest earnings report and integrating companies it acquired. Risher also says the company can only take up to 30% of the fee that riders pay and the supply of drivers is at an all-time high. Risher talks about why prices for ebikes are rising in New York City. He speaks with Tim Stenovec on "Bloomberg Tech." (Source: Bloomberg)

AI Party isn't Ending Because Of The Blue Wave Says Ives

6 days 20 hours ago
Technology stocks plunged the most since 2020 on Thursday as investors exited the sector on concerns over the artificial intelligence trade after Democrats swept the US midterm elections. Dan Ives, Partner and Senior Managing Director, Analyst at Yorkville Ives & Co joins to discuss. (Source: Bloomberg)

Trump will be blocked from putting ‘rightwinger’ on supreme court, Schumer says

6 days 20 hours ago

After midterm wins, Democratics plan comeback for when new Congress is sworn in, including pushback against Trump and his policies

Donald Trump will be blocked from putting a “rightwinger” on the US supreme court, according to Chuck Schumer, the soon-to-be Senate majority leader, in remarks that were a preview of how Democrats intend to wield their power come January.

In an interview with the Associated Press, Schumer said Democrats would not confirm “any crappy nominees” to the supreme court, lower courts or Trump’s cabinet.

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Vibrating mirrors of light create analog of a black hole event horizon

6 days 20 hours ago
Optical cavities are pairs of light-trapping mirrors and underpin the operation of lasers, atomic clocks and many types of precision sensors. If the distance between the mirrors is changed rapidly enough, some theories predict that the waves inside them should bunch together into short, intense pulses. So far, however, this prediction has never been tested directly.