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08 Aug

Eye On AI: Following in Microsoft’s Footsteps, Google Seems Ready To Test Regulators In AI Race

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This column is a look back at the week that was in AI. Read the previous one here. As the generative AI race gets hotter and hotter, it seems like Big Tech is begging the government to get more involved. Just a couple weeks ago we discussed Microsoft’s machinations to try to avoid more antitrust scrutiny, even as it announces deal after deal in the AI space. This includes its very unusual relationship with generative AI startup Inflection AI which is now being referred for an initial merger investigation in the U.K. Well, there was more this week — this…

08 Aug

Trump and MAGA world are going after Walz for his handling of 2020 riots. Old audio shows Trump praising it.

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However, recently unearthed audio shows that Trump complimented Walz at the time.He can be heard praising Walz for his response, expressing full agreement with his actions, and even describing Walz, now Kamala Harris' running mate, as an "excellent guy."Since Walz was announced as the Democratic vice-presidential nominee on Tuesday, Trump and those in his orbit — loosely known as MAGA world — have taken issue with his response to the unrest.In a Truth Social post on Wednesday, Trump shared an image that said "Tim Walz let Minnesota burn."At a rally in St. Cloud, Minnesota, last month, Trump said: "Every voter in…

08 Aug

Social Media Platforms Show Little Interest in Stopping Spread of Misinformation

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Social media platforms gave up on content moderation a long time ago. But first… Source link lol

08 Aug

Adtech Startup Funding Has Collapsed

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For a long time, adtech startups regularly picked up billions of dollars in venture funding in a given year. Not anymore. So far this year, U.S. advertising-focused startups have raised only around $360 million, per Crunchbase data. That puts the industry on track for the slowest year in over a decade. For a sense of how far funding has fallen, we charted out annual adtech investment from 2015 till today. In addition to putting less money into the space, investors are also backing fewer deals. Round counts this year are also on track to hit the lowest level in years.…

08 Aug

Passenger sues American Airlines, claiming he broke his ankle while letting someone go to the bathroom

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A passenger is suing American Airlines after he said he broke his ankle while getting out of his seat to let someone use the bathroom.Maryland resident Gael Severoni said he was injured after falling during a bout of turbulence while flying from Washington DC to New Orleans in August 2023, according to a lawsuit filed in Eastern District Court of Louisiana.The suit comes as concerns rise over extreme turbulence, with an expert previously telling Business Insider that such cases are on the rise due to global warming.Severoni, who was sitting in an aisle seat, said in the lawsuit that his…

08 Aug

Anglo Revamp, Unity Government Seen Igniting South Africa Stocks

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A business-friendly coalition government and plans by Anglo American Plc to spin off one large subsidiary and possibly list another may trigger a sustained rally in South African stocks, the head of the main local bourse said. Even with the turmoil currently running through global stock markets, these developments are poised to snap South African equities out of more than a decade of torpor caused by economic stagnation and collapsing power and logistics services, said Leila Fourie, the chief executive officer of JSE Ltd., which runs the exchange. Source link lol

08 Aug

Teenagers who turned $400 into a six-figure business share 4 strategies that helped them scale

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Jacob Shaidle started cleaning barbecues in the summer of 2021 to fund his education. When he was 16, his parents told him he'd be in charge of paying his way through university, and his job at the time — working on a tree farm for $12 an hour — wasn't going to cut it."Being an entrepreneur was my only option," he told Business Insider.He invested nearly all of his savings, $400, into equipment and landed his first client by knocking on his next-door neighbor's door. His next five jobs were all on his street in Hamilton, Ontario.The next summer, he…

08 Aug

Siemens to Hit Low End of Forecasts on Slow Automation Sales

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Siemens AG sees group revenue growth and returns at its key industrial unit at the lower end of forecasts as factories run below capacity and customer stock levels are high, especially in China.The main digital industries division, which makes products to automate factories, struggled with weak markets in the fiscal third quarter. Automation sales and new orders dropped, masking a jump in software demand amid a number of large new licensing contracts, Siemens said Thursday. Source link lol

08 Aug

My husband and I thought we wanted 2 kids, but having an only child made more sense for our family

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When I was young, I used to pretend I was a mom to twins. Alexander and Alexandria had faces I couldn't quite envision, but I shuttled them from one place to another in my bedroom. Back then, I knew a family of four was the cultural norm, even though I was an only child.My parents had a good reason for our family size. I was born with congenital heart disease and had expensive open heart surgery as a toddler. We were a one-income family, so they fully invested in me. As a teenager, I traded playing house for summers at…

08 Aug

Xiaomi-Backed AI Chipmaker Black Sesame Falls in Hong Kong Debut as AI Frenzy Wanes

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Shares of artificial intelligence chipmaker Black Sesame International Holding Ltd. tumbled as much as 35% on their debut, dealing a blow to Hong Kong’s efforts to lure more technology listings. The Xiaomi Corp.-backed company’s shares fell to as low as HK$18.28 Thursday in the Hong Kong Stock Exchange and closed the day 27% lower. They had been priced at HK$28, the bottom of the marketed range in an initial public offering that raised HK$1.04 billion ($133 million). Source link lol