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Two Jump Trading stars are leaving the quant giant, exiting one of its most profitable units
Business Insider·1 day ago

Two Jump Trading stars are leaving the quant giant, exiting one of its most profitable units

Two key figures, Yiming Zhang and Darko Kirovski, are reportedly departing from Jump Trading. These "stars" were foundational leaders within the highly profitable Jump Core Strategies trading group, signaling a significant change for the quantitative trading giant.

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OpenAI’s former Sora boss is leaving
The Verge·2 days ago

OpenAI’s former Sora boss is leaving

Bill Peebles, the former head of OpenAI's Sora video generation tool, has announced his departure from the company. This move comes shortly after OpenAI decided to abandon the Sora project last month, signaling a shift in the company's priorities to avoid "side quests" and streamline its focus.

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US To Create High-Tech Manufacturing Zone In Philippines
Slashdot.org·2 days ago

US To Create High-Tech Manufacturing Zone In Philippines

The US, under the Trump administration, is establishing a high-tech manufacturing zone in the Philippines. This strategic move aims to reduce China's significant influence over global supply chains. The initiative seeks to diversify and strengthen American access to critical high-tech production capabilities.

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