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Software Poses 'All-Time' Risk To Speculative Credit, Deutsche Bank Warns

Slashdot.org - Tue, 02/10/2026 - 07:00
The software and technology sectors pose one of the all-time great concentration risks to the speculative-grade credit market, according to Deutsche Bank AG analysts. Bloomberg: They comprise $597 billion and $681 billion of the speculative-grade credit universe, or about 14% and 16% respectively, analysts led by Steve Caprio wrote in a Monday note. Speculative debt spans high-yield debt, leveraged loans and US private credit. That's "a meaningful chunk of debt outstanding that risks souring broader sentiment, if software defaults increase," the analysts wrote, with "a potential impact that would rival that of the Energy sector in 2016." Unlike in 2016, pressures would likely first emerge in private credit, business development companies and leveraged loans, with the high-yield market weakening later, the analysts added. The rapid adoption of artificial intelligence tools risks further weighing down multiples and revenues for software-as-a-service firms, while the US Federal Reserve's hawkish stance since 2022 has pressured cash flows, the analysts wrote. For instance, software payment-in-kind loan usage has risen to 11.3% in BDC portfolios, over 2.5 percentage points higher than the already elevated index average of 8.7%, according to Deutsche. PIK deals typically allow borrowers to pay interest in more debt rather than cash.

Read more of this story at Slashdot.

An update on the CMA’s assessment of our mobile ecosystem.An update on the CMA’s assessment of our mobile ecosystem.

GoogleBlog - Tue, 02/10/2026 - 06:00
The CMA has today announced its intention to accept our commitments to resolve priority concerns arising from their assessment of our mobile platform. While we believe P…
Categories: Technology

2 To 3 Cups of Coffee a Day May Reduce Dementia Risk. But Not if It's Decaf.

Slashdot.org - Tue, 02/10/2026 - 04:01
If you think your daily doses of espresso or Earl Grey sharpen your mind, you just might be right, new science suggests. The New York Times: A large new study provides evidence of cognitive benefits from coffee and tea -- if it's caffeinated and consumed in moderation: two to three cups of coffee or one to two cups of tea daily. People who drank that amount for decades had lower chances of developing dementia than people who drank little or no caffeine, the researchers reported. They followed 131,821 participants for up to 43 years. "This is a very large, rigorous study conducted long term among men and women that shows that drinking two or three cups of coffee per day is associated with reduced risk of dementia," said Aladdin Shadyab, an associate professor of public health and medicine at the University of California, San Diego, who wasn't involved in the study. The findings, published Monday in JAMA, don't prove caffeine causes these beneficial effects, and it's possible other attributes protected caffeine drinkers' brain health. But independent experts said the study adjusted for many other factors, including health conditions, medication, diet, education, socioeconomic status, family history of dementia, body mass index, smoking and mental illness.

Read more of this story at Slashdot.

Expanding our AI investments in SingaporeExpanding our AI investments in SingaporeManaging Director, Singapore

GoogleBlog - Tue, 02/10/2026 - 02:00
At the second Google for Singapore event, Google announced new AI investments in the nation.At the second Google for Singapore event, Google announced new AI investments in the nation.
Categories: Technology

Deepfake Fraud Taking Place On an Industrial Scale, Study Finds

Slashdot.org - Tue, 02/10/2026 - 01:01
Deepfake fraud has gone "industrial," an analysis published by AI experts has said. From a report: Tools to create tailored, even personalised, scams -- leveraging, for example, deepfake videos of Swedish journalists or the president of Cyprus -- are no longer niche, but inexpensive and easy to deploy at scale, said the analysis from the AI Incident Database. It catalogued more than a dozen recent examples of "impersonation for profit," including a deepfake video of Western Australia's premier, Robert Cook, hawking an investment scheme, and deepfake doctors promoting skin creams. These examples are part of a trend in which scammers are using widely available AI tools to perpetuate increasingly targeted heists. Last year, a finance officer at a Singaporean multinational paid out nearly $500,000 to scammers during what he believed was a video call with company leadership. UK consumers are estimated to have lost $12.86bn to fraud in the nine months to November 2025. "Capabilities have suddenly reached that level where fake content can be produced by pretty much anybody," said Simon Mylius, an MIT researcher who works on a project linked to the AI Incident Database. He calculates that "frauds, scams and targeted manipulation" have made up the largest proportion of incidents reported to the database in 11 of the past 12 months. He said: "It's become very accessible to a point where there is really effectively no barrier to entry."

Read more of this story at Slashdot.

JetBlue Plus Card Review: 75,000 Bonus Points

MyMoneyBlog.com - Tue, 02/10/2026 - 00:50

Limited-time 75k offer with $1,000 spending hurdle. The JetBlue Plus Mastercard is a rewards credit card that earns TrueBlue points for purchases and includes special perks for JetBlue customers. Right now, there is an increased offer above the common prior 50k and 60k offer levels, this time with a low spending requirement but without a first-year annual fee waiver. This is a limited-time inflight offer, where you can enter a 5-digit promo code to credit the flight crew. I have read that the code is 6+Flight number (ex. Flight 214 is 60214), but it seems that any 5-digit code will work. I’ve used 00000 on a similar Barclaycard app and it still worked fine. Here are the highlights:

  • 75,000 bonus TrueBlue points after spending $1,000 on purchases and paying the annual fee in full, both within the first 90 days.
  • First checked bag is free for the primary cardmember and up to 3 companions when you use your JetBlue Plus Card on JetBlue-operated flights.
  • 6X points on JetBlue purchases, 2 points per $1 at restaurants and grocery stores and 1 point per $1 on all other purchases.
  • No blackout dates on JetBlue-operated flights & redeem for any seat, any time on JetBlue flights. Points required for an Award Flight will vary based on the published base fare at the time of booking.
  • Annual $100 statement credit after you purchase a JetBlue Vacations package of $100 or more.
  • Points awarded in your TrueBlue account don’t expire.
  • Earn and share points together with Family Pooling.
  • 50% savings on eligible inflight purchases including cocktails, food and movies.
  • Points Payback option allows you to redeem points for a statement credit – up to $1,000 per year.
  • Get 10% of your points back every time you redeem to use toward your next redemption.
  • 5,000 TrueBlue bonus points annually after your account anniversary.
  • $99 annual fee.

First checked bags on JetBlue usually cost at least $35 each-way ($35 off-peak and $40 peak), per person (technically $35 if prepaid or $45 if paid at the airport). The free checked bag perk applies to you and up to 3 travel companions on the same reservation when (1) the ticket is purchased with your JetBlue Plus card, (2) the primary cardmember’s TrueBlue member number must be entered at the time of booking. That works out great for a family traveling together. If you buy higher fare classes, a certain number of complimentary bags may already be included.

How does redeeming TrueBlue points work? TrueBlue works on a “dynamic” revenue-based system, where the points required depends on the current cash cost of the flight (with no blackout dates). If they sell it for cash, you can book it with points. This is different than traditional chart-based systems that charge a fixed point balance but imposes blackout dates and limited seat availability.

TrueBlue points are best redeemed for JetBlue flights. There are some other options like newspaper or magazine subscriptions, but I won’t cover them here.

TrueBlue points can be estimated at 1 points = 1.3 cents. Ex. 30,000 points would cover roughly $390 in JetBlue airfare. The exact value may vary, but 1.3 cents is a conservative average of what I found across Blue and Blue Extra fares. You can test it out yourself by pricing out the same flight on JetBlue.com using points or cash (you don’t need to sign-in or have an account). Here is an example of a randomly-chosen flight between SFO and JFK. Below are both the cash price and points required.

That means the $333 net cost ($339-$6 in taxes) was offset by 23,000 points, or a value of 1.43 cents per TrueBlue point. 1.3 cents per TrueBlue point is a conservative average estimate.

Upon the renewal of your $99 annual fee, you get another 5,000 TrueBlue points ($65 of airfare value at 1.3 cents/point). If you can take advantage of the free checked bag perk, there is definitely ongoing value for regular JetBlue fliers. I haven’t investigated the $100 off a JetBlue Vacations package, but it could be worth a look.

Redemption for cash. As a minimum baseline value, you can redeem up to 100,000 TrueBlue points per year at 1 cent a point for a flat statement credit. So 30,000 points = $300, and so on. You can nearly always get more value redeeming for a JetBlue flight, but I know some people may just want to cash out.

Bottom line. The JetBlue Plus card from Barclaycard offers several perks for regular JetBlue customers such as a free first checked bag for you and up to 3 companions. Right now, the sign-up bonus is slightly higher than usual. 75,000 points are worth roughly $975 in JetBlue airfare at Blue/Blue Extra levels, minus the $99 annual fee is still $875 in first-year value.

Also see: Top 10 Best Credit Card Bonus Offers.

There is also a JetBlue Business card that currently offers up to 60,000 bonus points. Also see: Top 10 Best Business Card Offers.

Categories: Finance

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