(Reuters) – Several Canadian companies and government agencies have stopped advertising on Facebook and Instagram after Meta Platforms decided to stop news access on the apps over a law that requires payments to local news publishers. The “Online News Act”, which was approved by the Canadian parliament and received a royal assent on June 22,…
The Breakdown: AI’s Impact: By 2030, the rise of generative AI may shake up the U.S. job landscape, with predictions of 30% of work hours being automated. Job Shifts: About 12 million Americans may transition to new careers because of AI’s influence. Top Sector to Watch: The healthcare sector could see an influx…
1. The Big Picture: A strategic alliance between J.P. Morgan and TIFIN, two major players in the fintech sector, introduces TIFIN.AI. Rooted in the prosperous journey of TIFIN Studios between 2018 and 2021, this venture is a pivotal step towards catalyzing AI-driven fintech innovations. 2. Paradigm Shift in Wealth Management: Objective: TIFIN.AI sets…
🔎 Flashback: The U.S. Justice Department and Google are tangled in a legal battle since 2020. The reason? The government believes Google’s pulling some shady moves to keep its internet search crown. 🚀 Latest Update: Judge Amit Mehta, handling this heavyweight bout in Washington, gave a mixed verdict recently. While he greenlit some…
Situation Overview China has taken an alarming step, publicly showcasing its military preparedness for an assault on Taiwan through an eight-episode documentary series. Dubbed “Zhu Meng” or “Chasing Dreams,” this series has been aired on state broadcaster CCTV, signaling Beijing’s intent and readiness for potential conflict with Taiwan at any given moment. The…
As Amazon’s second-quarter earnings report rang out the final bell on Thursday, its echoes resounded not only through Wall Street but rippled through the extravagant world of luxury that Jeff Bezos inhabits. His fortune, already glittering with the sheen of success, was inflated by an astounding $11 billion, reinforcing his status among the…
During the recent quarterly earnings call, Tim Cook, CEO of the tech titan Apple Inc. (NASDAQ:AAPL), revealed the company’s continuous investment in extensive research and development on artificial intelligence technologies, reminiscent of ChatGPT. ChatGPT, developed by OpenAI and introduced in November last year, has swiftly gained the attention of the tech world with…
(Reuters) – Investors are increasingly of a mind that the U.S. Federal Reserve has delivered the final installment of what has been most aggressive policy-tightening cycle in four decades, but central bank officials caution it is still too soon to make that call. Last week’s quarter-point interest-rate hike brought the Fed’s policy rate to a…
The past week was an eventful one for Apple, Inc (NASDAQ:AAPL), markued by a promising 1.6% rise on Friday. Apple’s stocks are steering a robust course, in line with the rising channel pattern. This bullish trend has been apparent at least for the short-term. Understanding the Inside Bar Pattern During this time, Apple…
The price of spot gold recorded a marginal decrease of 1.25% on Thursday, an outcome largely attributed to the publication of preliminary estimates data by the U.S. Bureau of Economic Analysis. The data disclosed a growth of 2.4% on an annualized basis in the U.S. economy during the second quarter of 2023. Further,…
