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TradeBriefs Editorial

From the Editor's Desk

AI models are coming to fashion to promote diversitybut some industry insiders are concerned it will end up 'parodying it' - Fortune Europe (No paywall)

Flores, who uses other AI-powered platforms OnModel, Pincel, and Botika, offered an example of how he uses tech to target different groups of shoppers: If a certain style of clothing would resonate more with women aged between 30 and 45 years, he uses AI to help generate a model that’s fitting for that product.

Continued here


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Jay-Z's speech: Do the Grammys have a Beyoncé problem?  
  

Jay-Z's speech: Do the Grammys have a Beyoncé problem?
At Sunday night's Grammy Awards, Jay-Z highlighted a surprising slight hidden in the Recording Academy's recent voting record. Despite winning 32 Grammys across her remarkable career – more than any other artist – Beyoncé has never taken home the most prestigious prize of all: for album of the year. "Even by your own metrics, that doesn't work," Jay-Z said as he accepted the Dr Dre global impact award. "Think about that. The most Grammys, never won album of the year. That doesn't work."






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Ukraine-born Miss Japan winner relinquishes crown following affair  
  

Ukraine-born Miss Japan winner relinquishes crown following affair
The competition had crowned Ms Shiino on 22 January - the first person of European descent to be given the honour. She was born in Ukraine before moving with her mother to Japan when she was five and taking on her step-father's Japanese last name.


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From Paris to the world - football's hottest talent factory  
  

From Paris to the world - football's hottest talent factory
Amid the din of sirens and the aroma of fast food, Traore buzzes in and takes the lift to the fifth floor. The doors open and his brother is waiting to welcome him back to their childhood home.




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The prisoner and the oligarch: the struggle for Georgia’s future - The Economist (No paywall)  
  

The prisoner and the oligarch: the struggle for Georgia’s future
Can Mikheil Saakashvili, a former president, win back the hearts of his countrymen?


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The Italian town where tensions are flaring over migrant workers - FT (No paywall)  
  

As its population declines, Italy is confronting the increased cultural diversity that comes with a dependence on foreign labour




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Sam Altman says ChatGPT ‘should now be much less lazy!’ Users complained it was refusing and ignoring too many prompts - Fortune (No paywall)  
  

Sam Altman says ChatGPT ‘should now be much less lazy!’ Users complained it was refusing and ignoring too many prompts
On X last December, ChatGPT acknowledged that people were concerned it’s gotten too lazy. Last December, Altman wrote that “we haven’t updated the model since Nov. 11, and this certainly isn’t intentional,” much to the relief of billions of workers (and students) who have come to rely on the software to write emails and code. 


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ButcherBox’s founder was fired from his first CEO gig after ‘losing everyone’s money.’ - Fortune (No paywall)  
  

ButcherBox’s founder was fired from his first CEO gig after ‘losing everyone’s money.’
Welcome to “How I Made My First Million,” Fortune’s newest series in which we interview today’s most powerful people about how they amassed their wealth. You’ll hear from founders, entrepreneurs, investors, and creatives across the globe on how they joined the seven-figure-club, what they’d do differently, and their best piece of advice for building wealth.




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British billionaire Lord Sugar rips remote work—while Zooming in from offsite. But he may have a point that it’s ‘bad for morale, bad for learning’ - Fortune Europe (No paywall)  
  

British billionaire Lord Sugar rips remote work—while Zooming in from offsite. But he may have a point that it’s ‘bad for morale, bad for learning’
“You don’t learn sitting at home in your pajamas,” the entrepreneur and host of the U.K.’s The Apprentice said. The interview, conducted last week, was part of Sugar’s press tour following the 18th season premiere of The Apprentice. “I’m totally against it, quite frankly. I think it’s bad for morale, bad for learning. I know I learn from being with other people in an office.” 


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Gen Z, millennials want to invest — but many aren't, CNBC/Generation Lab survey finds. Here are the issues  
  

Gen Z, millennials want to invest — but many aren't, CNBC/Generation Lab survey finds. Here are the issues
The number of young adults still living with their parents is at historic levels due to unaffordable housing costs, according to Susan M. Wachter, a professor of real estate and finance at The Wharton School of the University of Pennsylvania.




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Amid jeers and boos, strained Māori relations with government dominate national holiday  
  

Amid jeers and boos, strained Māori relations with government dominate national holiday
As the sky lightened behind them to reveal thousands of people standing in front of the marae - the largest dawn service crowd in Waitangi Day history - Syretta Clayton questioned how the government could be so blinkered in its approach to Māori.


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Middle East crisis live: Blinken heads to Egypt in effort to seek 'enduring end' to Israel-Gaza war  
  

Middle East crisis live: Blinken heads to Egypt in effort to seek 'enduring end' to Israel-Gaza war
A former French foreign minister, Catherine Colonna, is to lead an independent review of the UN agency for Palestinian refugees after accusations by Israel that at least 12 staff members were involved in the Hamas attack on Israel on 7 October. The review was ordered by Philippe Lazzarini, the head of the United Nations Relief and Works Agency for Palestine Refugees (UNRWA), last month before the publication of the Israeli allegations and a subsequent mass exodus of donors led by the US and UK.




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Viral videos of Tesla drivers using VR headsets prompt US government alarm  
  

Viral videos of Tesla drivers using VR headsets prompt US government alarm
Buttigieg has made similar comments previously about the use of Tesla’s autopilot. Tesla says its advanced driver features are intended for use with a fully attentive driver “who has their hands on the wheel and is prepared to take over at any moment”.


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Some good news about America’s fertility problem - The Economist (No paywall)  
  

Some good news about America’s fertility problem
Part of the decline in births should be celebrated




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Can Harvey Schwartz fix Carlyle? - FT (No paywall)  
  

After a bungled succession, the former Goldman Sachs banker is a year into his bid to revive the US private equity house


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Trump Couldn’t Shut Down the Border. Can Biden?  
  

Trump Couldn’t Shut Down the Border. Can Biden?
Veterans of decades of political and policy debates over immigration said the bill would give Mr. Biden explicit new authority to deny asylum claims, expel people from the country more quickly and keep track of migrants while they are in the United States.




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Bank of America Pledged to Stop Financing Coal. Now It’s Backtracking.  
  

Bank of America Pledged to Stop Financing Coal. Now It’s Backtracking.
Bank of America said in a statement that clients or transactions “that carry heightened risks will continue to go through an enhanced due diligence process involving senior level risk review.”


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Opinion | Immigrants Make America Stronger and Richer  
  

Opinion | Immigrants Make America Stronger and Richer
Partly this is xenophobia, if not outright racism. If you repeatedly declare, as Trump has, that immigrants are “poisoning the blood of our country,” you don’t really care if they came here legally, you’re all but saying that what matters is whether they’re white.


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Nintendo hikes sales forecast of flagship Switch console to 15.5 million units  
  

Nintendo hikes sales forecast of flagship Switch console to 15.5 million units
Nintendo also raised its financial forecasts for the current fiscal year ending in March. The company said it now expects 1.63 trillion Japanese yen in net sales, up from the previous forecast of 1.58 trillion. The gaming giant also anticipates net profit will come in at 440 billion yen, compared with the 420 billion yen that it had previously forecast.


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Pep-11 to be killed off under NSW government's plan to stop offshore gas exploration  
  

Pep-11 to be killed off under NSW government's plan to stop offshore gas exploration
Last year the federal government and Asset Energy agreed to void the former prime minister Scott Morrison's decision to block further exploration of the gas field, before it played out in court.


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Smart TVs must showcase Australian free-to-air channels alongside streaming services under proposed legislation  
  

Smart TVs must showcase Australian free-to-air channels alongside streaming services under proposed legislation
On 21 February Foxtel will launch its own smart TV technology called Hubbl – pitched as the “world’s best user interface” – which will integrate paid and free TV services in one device.


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Stage-three tax cuts: Labor's changes to pass parliament with Coalition support  
  

Stage-three tax cuts: Labor's changes to pass parliament with Coalition support
Albanese has effectively ruled out concessions to win parliamentary support for the income tax cuts, arguing they stand on their own merits and adequacy of government payments will be considered separately.


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Kosovo accused of raising ethnic tensions by banning use of Serbian dinar  
  

Kosovo accused of raising ethnic tensions by banning use of Serbian dinar
Sources close to the Kosovan government said the the switch to the euro in the north of the country was driven by concerns about counterfeit money and illegal flows of cash, not by a desire to provoke the Serbian government.


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King Charles's cancer 'caught early', says Rishi Sunak - latest updates  
  

King Charles's cancer 'caught early', says Rishi Sunak - latest updates
Navigating a cancer diagnosis, treatment, and survivorship takes hope and absolute courage. [My wife] Jill and I join the people of the United Kingdom in praying that His Majesty experiences a swift and full recovery.


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'Not a betting person': Rishi Sunak rows back on £1,000 Rwanda bet  
  

'Not a betting person': Rishi Sunak rows back on £1,000 Rwanda bet
Asked if it shocked him that poor families were reportedly having to water down baby formula, the prime minister replied: "Of course I am sad to hear that people are in that situation."


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BP profits halve to $13.8bn but beat forecasts  
  

BP profits halve to $13.8bn but beat forecasts
BP is under pressure from the activist hedge fund Bluebell Capital Partners to drop its plan to curb its future oil and gas production. The London-based hedge fund wrote to BP shortly after acquiring a small stake in the company last September, arguing that its strategy has depressed its share price and presumed a “drastic decline in oil and gas demand, which we consider to be utterly unrealistic”.


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UK weather: snow threatens travel disruption as temperatures drop  
  

UK weather: snow threatens travel disruption as temperatures drop
“It’s from Thursday that the snow risk becomes more potentially impactful, as mild air attempts to move back in from the south, bumping into the cold air and increasing the chance of snow developing on the leading edge.


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Help failing to keep pace with families facing 'bed poverty', says Barnardo's  
  

Help failing to keep pace with families facing 'bed poverty', says Barnardo's
"The current fund is available up until March 2024 as part of wider cost of living support worth on average £3,700 per household, including raising benefits by 6.7% from April and increasing the local housing allowance."


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Ilhan Omar speech proved to be mistranslated but outrage continues spread  
  

Ilhan Omar speech proved to be mistranslated but outrage continues spread
And her party is standing behind her. Hakeem Jeffries, the House minority leader, criticised the move as a “frivolous censure resolution, designed to inflame and castigate and further divide us”.


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Bruce Willis' wife writing book about being his caregiver after dementia diagnosis  
  

Bruce Willis' wife writing book about being his caregiver after dementia diagnosis
She said she hoped her book would help "care partners, but especially new care partners, who have just received this life-changing news … they should know they are not alone and there is support, even hope. In a perfect world, I envision this book in that doctor's office, and he or she, puts it in their hands to bring home."


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Biden would veto standalone Israel aid bill backed by GOP, says White House  
  

Biden would veto standalone Israel aid bill backed by GOP, says White House
Under the proposal, people who seek asylum, which provides protection for people facing persecution in their home countries, would face a tougher and faster process to having their claim evaluated. The standard in initial interviews would be raised, and many would receive those interviews within days of arriving at the border.


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Alibaba’s 80% Loss May Extend on Competition Worries  
  

Alibaba’s 80% Loss May Extend on Competition Worries
The Japanese government will provide an additional ¥150 billion ($1 billion) in support to a chipmaking joint venture between Kioxia Holdings Corp. and Western Digital Corp., the latest push by the country to bolster its domestic semiconductor industry.


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PayPal Stock (NASDAQ:PYPL): The Underdog in the AI Race  
  

PayPal Stock (NASDAQ:PYPL): The Underdog in the AI Race
I don’t think it’s fair for investors to punish PayPal for its recent AI-heavy event. While it may not have showcased the most ground-breaking features on the planet, I do believe PayPal is on the right track. And over time, the firm certainly has the ability to enrich its offering further as it welcomes AI with open arms.


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Palantir Jumps After First Annual Profit, Big AI Demand  
  

Palantir Jumps After First Annual Profit, Big AI Demand
Karp also said Palantir is getting “bombarded” by inbound requests from people looking for jobs, and that he’s getting personally involved in hiring decisions as he did during the company’s early days.


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The stock market just did something for the first time since 1987 - and it's a sign the rally is unsustainable, top economist David Rosenberg says  
  

The stock market just did something for the first time since 1987 - and it's a sign the rally is unsustainable, top economist David Rosenberg says
\"Back then, it was the advent of the Internet that saved the day, and this time, ostensibly, it is all the chip spending around the generative AI craze,\" he said. \"Just remember that we went into that last leg of the bull market with a forward P/E of 15x, not 20x.\"


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Here's Why Shares of Coinbase, Marathon Digital, and Riot Platforms All Fell in January  
  

Here's Why Shares of Coinbase, Marathon Digital, and Riot Platforms All Fell in January
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.


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Why Coinbase Stock Dropped 9.2% Today  
  

Why Coinbase Stock Dropped 9.2% Today
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.


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'Outplayed' Canes manage historic-low 38 points  
  

'Outplayed' Canes manage historic-low 38 points
Beekman gave Virginia a double-digit lead with 4:08 remaining in the first half and Miami trailed by at least 12 the entire second half. The Cavaliers started the second half with an 18-4 run, and then held Miami to just five field goals the rest of the way.


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Messi feels better, hopes to play in Tokyo friendly  
  

Messi feels better, hopes to play in Tokyo friendly
\"While it may be true that many fans purchased tickets with the hope of seeing Messi, the ticket is to watch the match, not a specific player -- unless there is a condition that says otherwise,\" Conrad told The Associated Press.


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Transfer Talk: Mbappe's wage demands could scupper Real move  
  

Transfer Talk: Mbappe's wage demands could scupper Real move
- Orlando City SC are closing in on the permanent signing of Colombian 32-year-old forward Luis Muriel from Atalanta, according to Moretto Matte. With the MLS window still open, the Lions are hoping to take advantage and seize an experienced forward from Serie A. Now 32, Muriel has enjoyed profitable spells in front of goal while at Udinese, Sampdoria and Fiorentina.


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President Biden, in Speakerphone Call to Los Angeles Mayor, Promises Aid  
  

President Biden, in Speakerphone Call to Los Angeles Mayor, Promises Aid
Lindsey Horvath, a Los Angeles County supervisor, said the region avoided the sort of extreme flooding that emergency workers and rescuers had prepared for. Instead, she said during the news conference, “the damage has been more like 1,000 cuts — sinkholes, downed trees, areas of erosion.”


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City in Colorado Pays $1.9 Million to Black Family Wrongfully Detained by Police  
  

City in Colorado Pays $1.9 Million to Black Family Wrongfully Detained by Police
From 2003 to 2018, the city settled at least 11 police brutality cases for a total of $4.6 million, according to the A.C.L.U. of Colorado. In 2021, the city agreed to pay $15 million to the family of Elijah McClain to settle a federal civil rights lawsuit over the police confrontation in 2019 that ended his life.


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Nikki Haley, Facing Rising Threats, Requests Secret Service Protection  
  

Nikki Haley, Facing Rising Threats, Requests Secret Service Protection
Ms. Haley has increased security at her events in recent weeks. In South Carolina, reports filed with the Charleston County Sheriff’s Office show that deputies have responded to at least two bogus reports at her home on Kiawah Island since December.




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