Daily Tech News 5 March 2025

• Citigroup needed to credit $280 to a customer's account. They instead credited $81 trillion. (MSN)
  
  That used to be a lot.

  Regarding Citi's transformation, the company spent $11.8 billion on technology in 2024, CFO Mark Mason said during its Q4 2024 earnings call in January. The focus was on "digital innovation, new product development, client experience and other areas such as cybersecurity," Mason said.

  They forgot "noticing individual transactions that approach the global GDP".
  
  Two employees approved the transaction and it was deposited into the customer's account before it was noticed and reversed 90 minutes later.
  
  Which raised the question: How?

• It Nvidia's new RTX 5070 a $549 4090 replacement? No. (The Verge)
  
  Is it at least significantly faster than last year's 4070 Super? Also no.
  
  Is it at least available? If you wanted to buy the Founder's Edition, still no. (Tom's Hardware)
  
  Watching some review videos today, I noted that my brand new 7800 XT can only achieve an unplayable 4 fps on the new Indiana Jones game (at 4k resolution with maximum ray-tracing settings).
  
  The 5070 can't play it at all on those settings. It crashes almost instantly then refuses to restart. This review notes that in Cyberpunk 2077 the 5070 can only achieve 6 fps at 4k with full ray-tracing without upscaling or fake frames.
  
  
  
• Scientists working on reintroducing the woolly mammoth have advanced another step: They created woolly mice. (NPR)
  
  This is from Massive Dynamic Colossal Biosciences, the company that is also working to bring back the dodo and the Tasmanian tiger.
  
  
  
• Firefly Aerospace's Blue Ghost lander has landed. (AP)
  
  On the Moon.
  
  It's the first private mission to post a successful Moon landing thus far, though a few have posted unsuccess.
  
  
  
• Mad King Matt Mullenweg, CEO of Automattic, the owner of WordPress, is talking succession. (Tec Crunch)
  
  He's not planning to give up the throne, though.
  
  
  
• Eastern Australia is about to be clobbered by Tropical Cyclone Alfred, which is inconvenient because that's where I keep all my stuff.
  
  I'm perfectly safe since I live inland, up in the mountains, and far south of where it expected to make landfall... Which just happens to be dead center on Brisbane, our third largest city.
  
  At high tide, tonight.
  
  With northern Australia so empty, it's 50 years since a capital city here was hit directly by a cyclone - and it pretty much wrecked the place.
  
  
  

posted by Pixy Misa at 04:00 AM

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