Chef shares tips to limit food waste this ChristmasDigital de-aging has been a shortcut for bad movies, but a Star Trek short proves it can make for great art tooFaced with a weaker loonie, snowbirds are weathering the economic headwinds. Here’s howNEW DELHI: FMCG stocks were trading lower on Wednesday at 10:54AM Honasa Consumer Ltd.(up 2.89%), Dangee Dums Ltd.(up 1.28%), Marico Ltd.(up 0.98%), Sheetal Cool Products Ltd.(up 0.86%), Dodla Dairy Ltd.(up 0.84%), Tata Consumer Products Ltd.(up 0.83%), Parag Milk Foods Ltd.(up 0.81%), Godrej Consumer Products Ltd.(up 0.80%), Gillette India Ltd.(up 0.78%) and Vadilal Industries Ltd.(up 0.51%) were among the top gainers. Umang Dairies Ltd.(down 2.59%), Varun Beverages Ltd.(down 2.42%), LT Foods Ltd.(down 1.82%), Gopal Snacks Ltd.(down 1.59%), Bikaji Foods International Ltd.(down 1.52%), Hindustan Foods Ltd.(down 1.41%), JHS Svendgaard Laboratories Ltd.(down 1.30%), Prataap Snacks Ltd.(down 1.01%), ADF Foods Ltd.(down 0.94%) and Euro India Fresh Foods Ltd.(down 0.93%) were among the top losers. The NSE Nifty50 index was trading 87.46 points down at 24248.55, while the 30-share BSE Sensex was down 314.75 points at 80369.7 at around 10:54AM. Dr. Reddy's Laboratories Ltd.(up 2.15%), Cipla Ltd.(up 1.4%), Sun Pharmaceutical Industries Ltd.(up 1.2%), Tata Consumer Products Ltd.(up 0.83%), Bajaj Auto Ltd.(up 0.81%), Eicher Motors Ltd.(up 0.8%), Reliance Industries Ltd.(up 0.8%), HCL Technologies Ltd.(up 0.65%), Wipro Ltd.(up 0.59%) and Trent Ltd.(up 0.41%) were among the top gainers in the Nifty pack. 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It’s been a wild week for investors clawing their way into Databricks’ record-breaking $10 billion fundraising, one of the VCs leading the deal told TechCrunch. “There were calls that went well late into the night, and that’s okay, that’s how good opportunities emerge,” George Mathew, managing director at Insight Partners, described with a grin. Along with new investor Thrive, Joshua Kushner’s firm, Insight was one of the six firms that led the deal. All but Thrive were existing investors. “We worked to make sure that we could be a co-lead, despite being already an investor on the cap table,” Mathew said. Insight first invested in Databricks in 2021. But to get into this enormous deal, Insight had to tap into the Insight Partners Public Equities fund, which was set up to buy public stocks, under managing director John Wolff. There was so much rabid interest that the allocation — and valuation — rose fast. In mid-November, the deal was on track to be around $8 billion, Reuters reported at the time. A few days later, it was $9.5 billion at a $60 billion valuation, and by Tuesday, it had closed at $10 billion with a $62 billion valuation. For perspective, this is bigger than OpenAI’s $6.6 billion raise in October , the largest venture round of all time, “There was so much institutional demand and interest for a generational company,” Mathew said. “I’ve been an investor at Insight for the last four years on all things related to data, AI, ML. This is the thing I live for.” The investment involved a large secondary tender offer, where Databricks employees or other existing investors can sell shares. New preferred shares were issued to the new investor. Databricks didn’t specify how much of the raise was secondary, except to call the $10 billion “non dilutive,” which implies a good chunk. Interestingly, Databricks, founded in 2013, could have been a tragic tale. A decade ago its founders created a technology, Spark, that was key to yesteryear’s “big data” trend. Spark helped enterprises analyze their in-house big data super fast. With the rise of data hosted in the cloud, the company was processing data then handing it over to other players. It could have found itself slowly relegated to an irrelevant big data feature. Databricks cofounder and CEO Ali Ghodsi (pictured) sought out advice from Mathew, who had run big data company Alteryx as COO before becoming a VC. The two had been friends since Databricks’ early days. “Ali called me a few years ago and said, ‘Hey, I’m thinking about going into the data warehousing market.’ And I just said, ‘That’s the stupidest idea I’ve ever heard’. And I could not have been more wrong,” Mathew laughs, adding he’s glad Ghodsi didn’t listen to him, nor hold his bad advice against him. At the time, traditional data warehouse vendors – which store vast amounts of enterprise data used for analytics – were also struggling against the likes of rising cloud stars like Snowflake and products owned by the cloud vendors, like AWS’s Redshift. But, in late 2020 Databricks launched its data warehouse product anyway – Databricks SQL – and quickly became a big Snowflake competitor. Then came LLMs, which are continuously thirsty for high-quality enterprise data. “Where is this high quality data coming from? For the enterprise, it’s going to come from a place like Databricks,” Mathew said. Flash forward to the end of 2024, with an IPO market still locked and investors dying to get a piece of AI infrastructure products, like data warehouses that can serve LLMs. Databricks says that by the end of its fiscal fourth quarter, it will be on a $3 billion revenue run rate, with a $600 million revenue run rate for Databricks SQL, up 150% for the year.
It's time for the holidays, which means robust family conversations and seemingly never-ending courses of food. But for the more tech-savvy among us, the journey home could also mean we'll be called on to provide a backlog of tech support to parents, grandparents and other family members. And with generative AI being used to supercharge some major cyber scams this year, it's also a good time to teach and not just fix. Here are some tips on how to manage your tech encounters this holiday season: Whether it's Windows, macOS, iOS or Android, simply keeping your operating system and apps up-to-date will help protect your family's computers and devices against a surprising number of security threats, such as malware, viruses and exploits. Most operating systems, especially those for mobile devices and their app stores, typically have auto-updates turned on by default. Be sure to double-check the device to make sure it has enough storage space to carry out the update. (More on this below.) Keeping apps updated may also reduce the number of "Why isn't this app working?" type of questions from your relatives. Chances are someone in your family is going to have a completely full mobile device. So full, in fact, that they can no longer update their phone or tablet without having to purge something first. There are many approaches to freeing up space. Here are a few you can easily take without having to triage data or apps. According to some admittedly unscientific studies, the average person has hundreds of passwords. That's a lot to remember. So as you help your relatives reset some of theirs, you may be tempted to recycle some to keep things simple for them. But that's one of the bad password habits that cybersecurity experts warn against. Instead, try introducing your forgetful family member to a password manager. They're useful tools for simplifying and keeping track of logins. And if you want to impress a more tech-savvy cousin or auntie, you could suggest switching to a more secure digital authentication method: passkeys. As scammers find new ways to steal money and personal information, you and your family should be more vigilant about who to trust. Artificial intelligence and other technologies are giving bad actors craftier tools to work with online. A quick way to remember what to do when you think you're getting scammed is to think about the three S's, said Alissa Abdullah, also known as Dr. Jay, Mastercard's deputy chief security officer "Stay suspicious, stop for a second (and think about it) and stay protected," she said. Simply being aware of typical scams can help, experts say. Robocalls frequently target vulnerable individuals like seniors, people with disabilities, and people with debt. So-called romance scams target lonely and isolated individuals. Quiz scams target those who spend a lot of time on social media. Check our AP guide on the latest scams and what to do when you're victimized. Home internet speeds are getting faster, so you want to make sure your family members are getting a high-speed connection if they've paid for one. Run a broadband speed test on your home network if they're still rocking an aging modem and router. Receive the latest in local entertainment news in your inbox weekly!
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CURTIS JONES got a text from Jurgen Klopp proving that while he may be gone those he left behind are far from forgotten. The midfielder found the Liverpool legend’s message after making his 100th Premier League appearance in Thursday’s 3-1 comeback win over Leicester. 10 Curtis Jones marked his 100th Premier League appearance with a goal vs Leicester Credit: AFP 10 He rolled the ball home to give the Reds the lead on Boxing Day Credit: Reuters Jones, who marked the occasion with the goal that put the runaway leaders in front , revealed his dressing-room surprise and said: “Normally I would text family. “Then I saw a text from Jurgen Klopp saying, ‘Congratulations on 100 games and here’s to 500.’ "I was like, ‘What’s he on about?’ — then I checked and I’m so proud. “It was him who set up the team we have now — the foundation was there and Arne Slot has carried it on.” READ MORE ON FOOTBALL SUPER BAD NEWS Supercomputer predicts all-time low for Man Utd in horror end to season The Dutchman is storming English football and the Champions League in his first season on these shores. And Jones, 23, has become a crucial component of Slot’s machine that is swallowing the opposition both at home and abroad. Now he has the stats to prove it having declared after only a few weeks working with Slot that he had “never been happier” as a player. The former Feyenoord boss also regularly namechecks his predecessor over the stars he inherited. Most read in Football KRIS BOYD Philippe Clement has two games to save his job, if this is still Rangers I knew BAL ROLLING Clement delivers injury update on Balogun ahead of Motherwell & Celtic clashes GREEN LIGHT KMI review panel rules on Celtic-Motherwell penalty row and Butland yellow card KEEP CAM Celtic hero Cameron Carter-Vickers 'emerges as shock target for European giants' FOOTBALL FREE BETS AND SIGN UP DEALS Indeed, he was so happy with what he had that his only outfield buy after arriving was Federico Chiesa, 27, from Juventus for £10million. Yet he has done so much more than just “carrying on” with a squad that by the end of Klopp’s nine-year reign last season looked spent and won just the League Cup. 'Spending my night watching fog on Prime Video' - Fans slam 'unwatchable' Liverpool vs Leicester match He is in the process of lifting them up to new levels as they top the Prem with a game in hand and lead the Champions League table. That text may have left Jones totally gobsmacked at first. But he is one of the players Slot has transformed after bringing in his version of the adventurous Total Football philosophy pioneered by Dutch coaching legend Rinus Michels in the 70s. Jones made his England breakthrough this year after being encouraged to be more careful with the ball — but he is far from alone in profiting from Slot’s new slant of Klopp’s heavy metal football. Bought last season by the German from Bayern Munich for £34.2m, Ryan Gravenberch , 22, was a ball-carrying attacker whose dribbling style made him too inconsistent under Klopp. Slot has reinvented his countryman into one of the best holding midfielders in Europe. Another Holland international in Cody Gakpo , who arrived from PSV Eindhoven for £37m two years ago, was in and out of Klopp’s side. Last season the left-sided attacker scored 16 goals in 53 games. 10 10 His brilliant equaliser against the Foxes was already his tenth goal this term, in just 26 appearances, and showed the new confidence the 25-year-old has under Slot. There were fears in Klopp’s final season that Virgil van Dijk had passed his peak as the best central defender in the world. Now he is not only Holland captain but Slot’s skipper, too, after Jordan Henderson left, and is thriving once more. The Leicester clash was his 50th Prem game in a row and having played in every minute of them, the 33-year-old is only getting better with age . Andy Robertson , too, had begun to look past his sell-by date and even after Slot came in was struggling to maintain his old feisty, attacking full-back style. But the Scotland skipper, 30, is another now revelling under the new manager’s methods — and he was only denied a goal against Leicester after popping up in the box with a header that hit a post. Like all football-loving youngsters back home, Slot — born four years after Holland’s enthralling 1974 World Cup campaign saw them beaten 2-1 by West Germany in the final — grew up on Total Football. The philosophy was based on any outfield player being able to take over the role of any team-mate no matter the position. To maintain fluidity, each player should be able to play a variety of roles during a game. 10 10 Johan Cruyff used it as manager of Barcelona; Pep Guardiola won the Champions League twice at the Nou Camp as his disciple. As a player, Slot was a worshipper of the pair before he began honing his coaching skills in charge of SC Cambuur in 2016, before moving on to AZ. As he was making Feyenoord 2023 Dutch champions, he said: "Guardiola gives me the ultimate pleasure in football. “I’d rather watch Manchester City than any other team in the world.” Guardiola, of course, is now in a desperate battle to help his side rediscover their metronomic passing game that led City to becoming Prem champs for a record fourth season in a row last campaign. Slot may have started out using his inner-Guardiola but now he is outgunning his tactical hero. His methods look to be increasing both the number of goals and points his slick side are picking up. At the start of November, Liverpool were a point behind Manchester City — now they are 14 points ahead having played a game less, with a trip to West Ham next up this evening. They are also scoring for fun and have hit an incredible two or more goals in 13 of their last 14 games. Read more on the Scottish Sun SNOW WAY Weather maps show heavy snow for Scotland in DAYS – with -2C New Year’s chill NO CRIME Orange Order slam cops after Celtic activist was cleared over 'sectarian rants' Under Guardiola, City seemed invincible for so long. Now Slot, after just one defeat in his reign, is giving Liverpool that same unbeatable aura. And none of what he teaches is double Dutch to his happy squad. 10 Ryan Gravenberch has taken his game to new levels this season Credit: Rex 10 Compatriot Cody Gakpo provides perfect balance for Mo Salah on the opposite flank Credit: AFP 10 Arne Slot is getting the best out of his captain Virgil van Dijk despite the contract issues Credit: AP 10 Andy Robertson is also enjoying himself under the new boss Credit: Getty Fixtures & Results See all See all
It’s new and risky, but Gen Z workers are ‘all in’ on AI
