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Beijing Boosts BeiDou Satellite System To Try And Compete With GPS

Beijing Boosts BeiDou Satellite System To Try And Compete With GPS China is upgrading its BeiDou satellite navigation system, a domestic alternative to GPS, to expand its global reach and industry use, according to South China Morning Post. The plan involves replacing older satellites with newer third-generation models and adjusting their orbits to improve worldwide coverage. The system will be streamlined from 50 to 37 active satellites, most operating in medium Earth orbit like GPS and Europe’s Galileo. A few satellites will remain in specialized orbits to improve signal reliability in certain...
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May 4, 2026 / Tyler Durden
Core US Factory Orders Surged In March To Best YoY Growth Since Nov 2022
Core US Factory Orders Surged In March To Best YoY Growth Since Nov 2022 Headline Factory Orders rose 1.5% MoM in March (dramatically better than the 0.6% MoM expected) - the best since November. February's data was also revised higher. However, overall, orders were only up 2.1% YoY - the lowest since JUly 2025 Source: Bloomberg Core Factory Orders surge 1.6% MoM (also better than the 1.3% MoM expected) and up for the 5th straight month. That dragged the YoY growth in core orders up 4.09% YoY - the best since Nov...
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May 31, 2026 / Tyler Durden
The End Of Digital Trust: How Quantum Computing Could Upend Security, Business, & Global Stability
The End Of Digital Trust: How Quantum Computing Could Upend Security, Business, & Global Stability Authored by Julio Rivera via American Greatness, The scariest technology threats are usually the boring ones. Not the giant killer robots. Not the science fiction stuff. Not the dramatic movie scenes where somebody in sunglasses launches cyberattacks from a glowing underground bunker while alarms blare in the background. The truly dangerous threats arrive quietly. Q-Day falls squarely into that category. To most people, the phrase sounds like something Netflix would slap on a conspiracy thriller thumbnail. In reality, it refers to...
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Apr 30, 2026 / Tyler Durden
The Most Splendid Housing Bubbles In America
The Most Splendid Housing Bubbles In America Authored by Wolf Richter via Wolf Street, In 27 of the 33 big and expensive cities we track here, mid-tier home prices in March were down from their respective peaks in prior years, led by Austin (-26%), Oakland (-25%), and New Orleans (-19%). Now also filtering into these mid-tier home prices is the “mansion shortage” in San Francisco, the epicenter of the AI investment bubble. Total employment in the city dropped and the unemployment rate ticked up. But a relatively small number of super-highly paid...
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