Retailers are offering significant discounts on a variety of gadgets and tech products this Presidents Day, while experts warn of potential pitfalls when purchasing certain items online. Meanwhile, a recent airspace closure in El Paso, Texas, has raised concerns about drone defense, and a new study analyzes trends on Hacker News. Additionally, financial experts are sharing strategies the wealthy use to minimize estate taxes.
Presidents Day deals are bringing discounts on various items, including earbuds, speakers, TVs, and smart home tech, according to The Verge. The publication noted that retailers are offering strong discounts due to recent holidays.
However, consumers should be cautious when shopping online, particularly on platforms like Amazon. Wired cautioned against purchasing unknown products on Amazon, noting that better alternatives are often available at the same price point but are not always prominently displayed.
In other news, a brief airspace closure over El Paso, Texas, and parts of New Mexico last week has sparked concerns about the state of U.S. anti-drone defenses. The Federal Aviation Administration initially planned the closure to last ten days, but it was ultimately shortened. As low-cost UAV equipment becomes more widespread, analysts have warned of potential destructive attacks using drones. Developing safe countermeasures, such as jamming or shooting down drones in populated areas, remains a challenge.
A study analyzing Show HN posts on Hacker News revealed interesting trends within the community. The study, which downloaded every Show HN post since the site's launch, used a hierarchical topic model to uncover macro-economic trends, evidence of voting rings, and shifts in behavior.
Finally, financial experts are sharing strategies the wealthy use to minimize estate taxes. According to Fortune, the ultrawealthy employ various tactics to expedite payouts to heirs and avoid handing money to the government. Estate planning attorney Mark Bosler stated that this is "a strategic game of chess played over decades." While the average person relies on a simple will, the wealthy utilize a different playbook, often including trusts.
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