
The top stories being read around the world right now!
| From the Editor's Desk
Generative AI Wont Revolutionize Search Yet Generative AI has the potential to drastically change what users expect from search, and companies such as Microsoft and Google are placing big bets on what it might yield. But despite the hype around ChatGPT — and generative AI overall — there are major practical, technical, and legal challenges to overcome before these tools can reach the scale, robustness, and reliability of an established search engine such as Google. These include problems of keeping large language models up to date, issues around sourcing, and convincing fabrications by the AIs. That said, these tools might be strong fits for narrower, more specialized forms of search.
Continued here
TradeBriefs: Newsletters for Decision-Makers! |
WorkWorkTikTok is throwing $20 million a month at OpenAI via Microsoft Other big-name customers that reportedly purchase OpenAI models through Microsoft include AT&T, Coca-Cola, Fidelity, Volvo, and Walmart. Other OpenAI corporate customers — such as Zoom, Klarna, and Salesforce — buy its software directly from the AI startup.
WorkWashington Prepares for the 'Super Bowl of Tax' Many of the expiring tax measures are ones that benefit middle-class Americans, including a larger standard deduction, lower marginal income tax rates and a more generous child tax credit. Republicans chose to let those tax cuts expire — while making other measures like a lower 21 percent corporate rate permanent — in a bet that Democrats would eventually vote to protect them. Work
WorkWorkMastercard doesn't expect consumers to stop spending anytime soon Despite signs of healthy spending, Americans still aren’t feeling entirely optimistic about the U.S. economy. The University of Michigan survey of consumer sentiment found that U.S. sentiment “remains guarded,” due to persistent inflation and looming uncertainty about this year’s presidential election.
WorkWork
WorkWork
WorkWork
WorkWorkWatch: Investors pour money into non-alcoholic beverages There’s also a newer startup called Not Beer, which offers sparkling water. And beyond the companies that are branding themselves as alternatives to alcohol, there’s also mushroom drinks from Odyssey, healthier sodas from Olipop, and lemonade alternatives from Lemon Perfect, just to name a few.
WorkKamala Harris says 'the American people deserve better' ?as it happened "Greek letter organizations who have worked in the trenches, some for over 100 years, never received any kind of publicity, any kind of notoriety," Representative Frederica S. Wilson of Florida, who is also a member of Alpha Kappa Alpha, told the New York Times earlier this week. Once Ms. Harris ran for president, in 2020, she said, that changed. "The A.K.A.s shouted to the highest hills, 'That's our soror! That's our sister!'" Work WorkWorkWorkWorkWorkWorkWorkWorkHow the Shock of Catastrophic Floods Is Changing Farming in Vermont Vermont farmers have long adapted to the twists and turns of climate: tapping maple trees earlier as winters have warmed, for example, and investing less in berry crops as hotter, wetter weather makes them more vulnerable to pests and fungus. But the shock of last summer’s catastrophic flooding — followed by another damaging deluge on July 11, and a third on Tuesday — underscored a level of risk that is hard to mitigate, given the state’s mountainous terrain and its proximity to the Atlantic. WorkWorkAbraham Hamadeh Wins G.O.P. House Primary in Arizona But both lost to their Democratic rivals in November. Mr. Masters was defeated by Senator Mark Kelly, who is under consideration to be Vice President Kamala Harris’s running mate this year, by nearly 5 percentage points. Mr. Hamadeh narrowly lost the attorney general’s race to Kris Mayes, falling short by 280 votes out of about 2.5 million votes cast. WorkBorder Arrests in July Drop to Low Under Biden Republicans and immigration opponents argue that the numbers are not comparable. They say the Biden administration is simply letting migrants enter the country through other means, like a U.S. Customs and Border Protection app that allows a certain number of migrants a day to schedule entering the country at a port of entry. Altogether, they say, entries still exceed the totals at almost any point in the Trump administration. WorkWhen It Comes to Trump, Harris Tries Lightening Up Her ebullient tone made for a sharp contrast from Trump’s contentious and combative appearance at the National Association of Black Journalists this afternoon, where he lashed out at reporters and suggested that Harris was not really Black. WorkFact-Checking Trump's Remarks on Race But Ms. Harris never hid her biracial background during various campaigns. In her 2019 autobiography, “The Truths We Hold,” Ms. Harris wrote that her family instilled “pride in our South Asian roots” in her and her sister, Maya, but that “my mother understood very well that she was raising two Black daughters.” WorkWorkWorkAccused Sept. 11 Plotters Agree to Plead Guilty at Guant
WorkWorkWorkMusk-Backed Super PAC Shakes Up Pro-Trump Field Program The super PAC, which as of recently is being run by the firm of Phil Cox, a prominent Republican operative, had over the last two months spent more than $15 million with In Field, according to federal filings. It is unclear what will happen to that money. WorkWorkAutoworkers Union Endorses Kamala Harris for President The group is one of Mr. Biden’s closest allies — having endorsed him in January — but it had questioned his policies toward Israel during the war in Gaza. In July, it joined a coalition of several unions that sent a letter to Mr. Biden urging him to “immediately halt all military aid to Israel as part of the work to secure an immediate and permanent cease-fire in the war in Gaza.” WorkWorkMissouri Man Is Freed After 1991 Murder Conviction Is Overturned Mr. Dunn was convicted in 1991 in the murder of Ricco Rogers, 15, who was fatally shot in May 1990 while running away from a shooter who had fired at a group he was in as they sat on the porch of a St. Louis home around midnight. Mr. Dunn, who was 19 when he was convicted, was found guilty of first-degree murder, first-degree assault and armed criminal action. Work'20th Hijacker' Is Denied Transfer From Federal Supermax to French Prison Mr. Moussaoui, 56, was arrested in Minnesota a month before the hijackings, which killed nearly 3,000 people in New York, at the Pentagon and in Pennsylvania. For a time after Sept. 11, U.S. officials theorized he was the would-be 20th hijacker in the attacks carried out by 19 men, but later dropped that assertion. WorkSome Republicans Embrace Conspiracy Theories on Trump Assassination Attempt But in the telling of Mr. Crane and several of his right-wing Republican colleagues in Congress, as well as G.O.P. candidates seeking election this fall, there is far more to the story. They are trafficking in dangerous conspiracy theories that insinuate that Democrats and government forces played a role in trying to take out Mr. Trump. WorkJustice Dept. Watchdog Criticizes Barr for 'Chaotic' Response to Protesters in 2020 “We found that the decision to clear the area of protesters on the evening of June 1 was made by the U.S.P.P. and U.S.S.S. unified command at Lafayette Park and not by Barr, and that Barr did not impact the timing of the clearing operation,” Mr. Horowitz wrote in an exhaustive 168-page report that included more than 100 interviews. WorkWorkDisney laid off employees from its struggling TV division Last week, Disney and Warner Bros. Discovery launched a new bundle that combines all of their streaming platforms — Disney+, Hulu, and Max — under one monthly subscription plan starting at $16.99 a month. Disney is also reportedly working on giving its streaming platform a facelift that’ll make it look like a mashup of regular TV and Netflix to boost viewership. WorkThe Alaska Airlines-Hawaiian Airlines merger is on shaky ground “There are some limitations on what we can do during the period up to [the deal closes], but we are also very mindful of the fact that we are two independent airlines today and we need to compete independently,” he said. “And so when we talk about decisions from a network or pricing standpoint, those are entirely within the control of Hawaiian Airlines to do up to and until the deal is closed.” WorkWorkWorkThe "shadow work" fad, explained Today’s email was written by Catherine Baab-Muguira (invented gothic self-help) and edited and produced by Morgan Haefner (invented no kind of self-help but does indulge in the work of others). WorkWorkNasdaq jumps 450 points as Fed hints at rate cuts ahead On Wednesday, Boeing is set to report before the bell, while Meta, Carvana, and Qualcomm are among the names set to report after the day ends. On Thursday, crypto companies such as Coinbase and MicroStrategy will report their earnings. Berkshire Hathaway’s earnings will come on Friday. |
TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us | Advertise Privacy Policy | Unsubscribe (one-click) You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|