BUSINESS

Hugging Face cofounder Wolf on why open-source AI’s benefits outweigh the risks

Hugging Face cofounder Wolf on why open-source AI’s benefits outweigh the risks

In this edition…a Hugging Face cofounder on the importance of open source…a Nobel Prize for Geoff Hinton and John Hopfield…a…
Oil price outlook: Israel is in ‘three eyes for one eye’ mode

Oil price outlook: Israel is in ‘three eyes for one eye’ mode

Don’t assume “an eye for an eye” response as Israel contemplates its next move against Iran and its proxies, with…
LVMH signs major sponsorship deal with F1, replacing Rolex

LVMH signs major sponsorship deal with F1, replacing Rolex

LVMH and the organizers of the Formula One races have signed a major sponsorship deal potentially worth $1 billion, with…
Lina Khan sees parallels in Harris’s record and FTC’s work

Lina Khan sees parallels in Harris’s record and FTC’s work

Federal Trade Commission Chair Lina Khan’s aggressive antitrust stance during the Biden administration has made her a lightning rod in…
Air France partners with Starlink to offer free speedy in-air Wi-Fi

Air France partners with Starlink to offer free speedy in-air Wi-Fi

Air France announced on Thursday that starting in summer 2025, passengers would have access to “ultra-high-speed” Wi-Fi on its flights…
Neel Kashkari calls for more rate cuts this year

Neel Kashkari calls for more rate cuts this year

Federal Reserve of Minneapolis president Neel Kashkari believes there should be, and will be, further interest rate cuts in 2024. …
Swing state OKs ballot-counting rule that Trump favors

Swing state OKs ballot-counting rule that Trump favors

Georgia’s State Election Board on Friday voted to approve a new rule that requires poll workers to count the number…
Cult leaders convicted for exploiting children in forced labor since 2000

Cult leaders convicted for exploiting children in forced labor since 2000

Six members of a Kansas-based cult have been convicted in a scheme to house children in overcrowded, rodent-infested facilities and…
China economy: Startup scene is dead as investors pull out

China economy: Startup scene is dead as investors pull out

The number of new companies that are started in China annually has collapsed as fundraising by Chinese venture capital firms…
JPMorgan hires KKR’s Bauer to lead equity capital markets team

JPMorgan hires KKR’s Bauer to lead equity capital markets team

JPMorgan Chase & Co. has recruited David Bauer from private equity firm KKR & Co. to help run its equity…
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