From TradeBriefs <[email protected]>
Subject Klarna CEO says the company stopped hiring a year ago because AI 'can already do all of the jobs' - Dec 17, 2024
Date December 17, 2024 1:27 AM
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-------------------------

- The top 25 stories curated by editors and fellow readers!

Editor's Pick

The Hidden Dimension of Professional Growth: Understanding How Others
See You
[[link removed]}&lead=419599&emailid=112296&nl=daily the
numbers and achievements that fill our performance reviews lies a
crucial blind spot: how do others truly experience us? While we
meticulously track our deliverables, we often overlook the profound
impact our presence and interactions have on our professional
relationships and success.

It’s that time of year again — performance review season. As many
companies engage in their annual feedback cycles, a familiar pattern
emerges. These reviews, while valuable, often focus primarily on
outcomes and deliverables, leaving a crucial aspect of our
professional presence unexplored: how we’re perceived by others and
how these perceptions shape our impact.

Continued here
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Editor's Note: What you have achieved is undoubtedly important, but
it's only one piece of the puzzle. The way others perceive you - your
presence, your communication style, your energy - can have equally
dramatic effects on your professional journey, both positive and
negative. Yet this dimension of professional development often remains
in the shadows, unexamined and underutilized.

Work

Klarna CEO says the company stopped hiring a year ago because AI 'can
already do all of the jobs'
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Klarna CEO Sebastian Siemiatkowski is all-in on artificial
intelligence at the fintech company. Klarna is a payment service that
offers consumers "buy now, pay later" options. According to its
website, the company is connected with more than 575,000 retailers.

Work

Seven Quiet Breakthroughs for Climate & Nature in 2024 You Might Have
Missed
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Global temperatures rose and extreme weather ramped up, but there were
also some significant breakthroughs for the climate this year.






















 










Work

A Ride-Hailing Start-Up in Washington Tries to 'Out-Uber Uber'
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On a recent Tuesday morning outside Union Station's train hall in
Washington, a stream of taxicabs, Ubers and Lyfts pulled to the curb
to pick up passengers. In the mix, too, was another type of vehicle.

Work

Middle East latest: Israeli airstrikes target missile warehouses in
Syria, war monitor says
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A UK-based war monitor says Israeli airstrikes early Monday hit
missile warehouses in Syria and called it the "most violent strikes"
since 2012.







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Israel will close its Ireland embassy over Gaza tensions
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DEIR AL-BALAH, Gaza Strip -- Israel said Sunday it will close its
embassy in Ireland as relations deteriorated over the war in Gaza,
where Palestinian medical officials said new Israeli airstrikes killed
over 46 people including several children.

Work

Schumer Requests "Special Drone-Detection Tech"
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Senate Majority Leader Chuck Schumer (D-N.Y.) said Sunday that he's
"working to pass a bill" to give local law enforcement "more tools for
drone detection" following a spate of mysterious sightings in
Northeastern U.S. states.















Work

Tesla launches the first large-scale lithium refinery in the U.S.
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Tesla has officially started operations at its new lithium refining
factory in Texas, coming over a year after the company first broke
ground on the site.

Work

Understanding Syria's pleasantly surprising new ruler Sharaa
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In its second week after Assad, Syria continues to ride a wave of
euphoria and hope, bolstered by pleasant surprises from its new de
facto leader Ahmad al-Sharaa, formerly al-Jolani.







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Work

90-hour-a-week Wall Street bankers snorting lines of Adderall at their
desks
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Young Wall Street bankers working 90 hours a week are snorting lines
of Adderall at their desks in a new office drug culture.

Work

Newly named psychedelic fungus points to African origins of world's
most popular 'magic mushroom'
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The fungus Psilocybe cubensis -- colloquially known as cubes, gold
tops or gold caps in Australia -- is the most prolific hallucinogenic
mushroom on the planet.






















 









Work

Ex-Google CEO Warns There's a Time to Consider "Unplugging" AI Systems
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"We're soon going to be able to have computers running on their own,"
Eric Schmidt said.

Work

Brazil's Lula says he's well after brain bleed surgery
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Brazil's President Luiz Inacio Lula da Silva has been discharged from
hospital after undergoing emergency surgery for a brain bleed, doctors
said. The 79-year-old appeared alongside his medical team at a news
conference at Sirio-Libanes hospital in Sao Paulo.














 









Work

The skin's 'surprise' power: it has its very own immune system
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The skin -- once thought to be a mainly passive barrier -- can produce
its own antibodies that fight off infections, a pair of studies
reports in Nature this week1,2. The findings could pave the way for
the development of needle-free vaccines that can be applied to the
skin.

Work

What Is Venture Capital Now Anyway?
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Three decades ago, five men formed a venture capital firm on Sand Hill
Road in Silicon Valley with a simple pitch: Small is beautiful. Their
firm, Benchmark Capital, planned to stick to venture capital's
traditional playbook.






















 









Work

Krispy Kreme Doughnut Corporation admits to hole in security
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[[link removed]}&lead=419599&emailid=112296&nl=daily]
Doughnut slinger Krispy Kreme has admitted to an attack that has left
many customers unable to order online. According to a mandatory 8-K
filing [PDF], on November 29, the biz was notified regarding
unauthorized access to a portion of its IT systems.

Work

Britain Leads the World in Cracking Down on Climate Activism Study
Finds
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Research shows UK police arrest environmental and climate protesters
at three times the average global rate






















 









Work

Why every company wants a podcast now
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Hello, and welcome to Decoder! I'm David Pierce, editor-at-large of
The Verge. As you may have noticed, we're dropping some extra episodes
in the feed this week. You'll have Nilay back on Friday and for next
week, as we run toward the end of the year.

Work

As the Olympics Approach, Los Angeles Considers Crackdown on Illegal
Vacation Rentals
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[[link removed]}&lead=419599&emailid=112296&nl=daily]
This article was produced in partnership with Capital & Main, which
was a member of ProPublica's Local Reporting Network in 2022-23. Sign
up for Dispatches to get stories like this one as soon as they are
published.

Work

'World-first' AI camera targets drink-drivers
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Motorists under the influence of alcohol or drugs could be caught by a
pioneering AI camera which is being tested for the first time in Devon
and Cornwall. The state-of-the-art Heads-Up machine can detect road
use and behaviour consistent with drivers who may be impaired by drink
or drugs.

Work

Wicked was far from magical - WSJ (No paywall)
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Hollywood has been defying box-office gravity this holiday season,
thanks in large part to Wicked," the movie version of the long-running
Broadway musical. The film grossed more than $450 million worldwide in
its first three weeks of release. Along with a pair of other recent
hits, Gladiator II" and Moana 2," the film is helping to salvage what
has otherwise been a woeful year for the movie business.

Work

Canadian finance minister Chrystia Freeland resigns - FT (No paywall)
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Blow to countrys leader Justin Trudeau as senior government figure
blasts costly political gimmicks

Work

AI Will Evolve Into an Organizational Strategy for All
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Ever since the invention of the org chart in the 1850s, company
structures have changed very little--they are hierarchical and consist
of multiple layers of managers and decisionmakers.

Work

SoftBanks Son to Pledge $100 Billion in US Investments - Bloomberg (No
paywall) [[link removed]}&lead=419599&emailid=112296&nl=daily]
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SoftBank promised $50 billion during last Trump presidency SoftBank is
stepping up its investments again after troubles

Work

What Donald Trump and allies have said about daylight saving time
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His vocal opposition highlights ongoing frustrations with the practice
of "springing forward" and "falling back." Introduced during World War
I as a means of conserving energy, daylight saving time now faces
criticism for its alleged inefficiency, health risks, and disruption
to daily life.

Work

How China could try to strangle Taiwan without firing a shot
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If you believe in the work we do at Vox, please support us by becoming
a member. Our mission has never been more urgent. But our work isnt
easy. It requires resources, dedication, and independence. And thats
where you come in.

Work

3 Dead, Others Injured in Shooting at Wisconsin School
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(MADISON, Wis.) A student opened fire at a private Christian school
Monday morning in Wisconsin, killing two people in the final week
before Christmas break. The shooter also died, police said.

Work

Wipro to acquire IT consulting firm Applied Value Technologies for $40
million
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Wipro is set to acquire Massachusetts-headquartered IT services
consulting firm Applied Value Technologies (AVT) for $40 million to
augment its existing application services capabilities, coming at a
time when the IT services major is in the midst of its business
turnaround.

Work

We Looked at 78 Election Deepfakes. Political Misinformation is not an
AI Problem. [[link removed]}&lead=419599&emailid=112296&nl=daily]
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AI-generated misinformation was one of the top concerns during the
2024 U.S. presidential election.

Work

Study Challenges Myths About Cannabis, Brain Health, and IQ
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Summary: A study spanning 44 years and involving over 5,000 men
challenges long-held beliefs about cannabis and cognition. Researchers
found that cannabis users experienced slightly less cognitive decline
from early adulthood to late midlife compared to nonusers.

Work

Most iPhone owners see little to no value in Apple Intelligence so far
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[[link removed]}&lead=419599&emailid=112296&nl=daily]
A new survey suggests that Apple Intelligence matters to iPhone
buyers, but the majority say that the initial features add little to
no value. It remains to be seen whether Genmoji and ChatGPT
integration will change that view.

Work

ChinAI #292: The Misperception Spiral in US-China tech policy
competition
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[[link removed]}&lead=419599&emailid=112296&nl=daily]
...As always, the searchable archive of all past issues is here.
Please please subscribe here to support ChinAI under a
Guardian/Wikipedia-style tipping model (everyone gets the same content
but those who can pay support access for all AND compensation for
awesome ChinAI contributors).

Work

Europe's Starlink competitor is go
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The EU has signed a deal for its IRIS? constellation of 290
communication satellites that will operate in both medium and
low-earth orbit.

Work

Softbank CEO Masayoshi Son to announce $100 billion investment in U.S.
during visit with Trump
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Softbank CEO Masayoshi Son will announce a $100 billion investment in
the U.S. over the next four years during a Monday visit to
President-elect Donald Trump's residence Mar-a-Lago in Palm Beach,
Florida, sources told CNBC's Sara Eisen.

Work

Hackers Can Jailbreak Digital License Plates to Make Others Pay Their
Tolls and Tickets
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Digital license plates sold by Reviver, already legal to buy in some
states and drive with nationwide, can be hacked by their owners to
evade traffic regulations or even law enforcement surveillance.

Work

Are Men Okay? Our Modern Masculinity Problem, Explained.
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Why is it so hard to talk about masculinity?

Work

Softbank is wooing Trump with a plan to invest $100 billion in AI
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Almost half of its investments at the time went to co-working startup
WeWork, which filed for Chapter 11 bankruptcy protection in 2023 after
a failed public launch. By the time it filed for Chapter 11,
WeWork’s value had sunk from a $47 billion peak to just $45 million.
It exited bankruptcy earlier this year.

Work

Isak Andic, Founder of Mango Fashion Chain, Dies at 71
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This year, Mango expanded its footprint in the United States, opening
locations for the first time in Pennsylvania and in Washington, D.C.
The company, which competes with fast fashion chains such as the
Swedish-based H&M and the Spanish-based Zara, plans to have 40
American stores at year’s end, up from 10 in 2022.

Work

Why Ultraprocessed Foods Aren't Always Bad
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The way we eat desperately needs to change. Experts estimate diet is a
bigger contributor globally to early death than smoking. In America,
nearly half the adult population has Type 2 diabetes or pre-diabetes.

Work

Trump meets with TikTok CEO as company asks Supreme Court to block ban
on app
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The same post said estimates show that if TikTok is banned, small
businesses that use the app will lose more than $1 billion in revenue
in just one month, and creators will lose nearly $300 million in
earnings in one month.

Work

This stealthy African stablecoin startup already processed over $1B in
cross-border payments
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Juicyway, an African fintech that leverages stablecoin technology to
power fast and cheap cross-border payments, is launching out of
stealth after processing over $1 billion in transaction volume for
thousands of African businesses over the last three years.

Work

From Popeye to Gershwin's 'Rhapsody in Blue,' Here's What's Entering
Public Domain in 2025
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Popeye can punch without permission and Tintin can roam freely
starting in 2025. The two classic comic characters who first appeared
in 1929 are among the intellectual properties becoming public domain
in the United States on Jan. 1.

Work

The fintech company that collapsed and took $90 million of people's
life savings with it
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Thousands of everyday investors who used banking apps to gamify
personal finance have been left with mere pennies after a fintech
company collapsed earlier this year.

Work

Ahmed al-Shara, Syrian Rebel Leader, Says Syria Tired of Wars
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Senator Lindsey Graham, Republican of South Carolina, warned in a
statement on social media that he was prepared to push for economic
sanctions against Turkey if it attacked the Kurdish forces, which he
said would “set in motion an ISIS jailbreak.” He added: “If
Turkey takes military action against Kurdish forces in Syria, it will
jeopardize America’s interests dramatically.”

Work

Trump loses bid to toss New York hush money conviction on immunity
claim
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The records related to a $130,000 payment that Trump's then-personal
lawyer Michael Cohen made to the porn star Stormy Daniels on the eve
of the 2016 presidential election. Cohen, who later was reimbursed by
Trump, has said the payment was in exchange for Daniels' agreement to
keep quiet about a purported one-time sexual tryst with Trump a decade
earlier.

Work

Teenage shooter kills student, teacher at Wisconsin school, police say
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Polling shows American voters favor stronger background checks on gun
buyers, temporary limits on people in crisis and more safety
requirements for gun storage at homes with children. Yet political
leaders have largely declined to act, citing the U.S. constitutional
protection for gun owners.

Work

F1s highstakes gamble on Las Vegas GP is already paying out
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When Formula One threw its weight behind promoting a grand prix in Las
Vegas, the sport was taking no little gamble on success and on the
bigger picture of finally breaking America.

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Google's new AI video model sucks less at physics
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Veo 2 will gradually roll out to Google Labs users in the US. For now,
Google will limit testers to generating up to eight seconds of footage
at 720p. For context, Sora can generate up to 20 seconds of 1080p
footage, though doing so requires a $200 per month ChatGPT Pro
subscription. As for the latest enhancements to Imagen 3, those are
available to Google Labs users in more than 100 countries through
ImageFX.

Work

Turkey condemns Israel plan to double Golan Heights population
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The Turkish accusation came as Israel continued to pound former regime
military assets in Syria. The UK-based Syrian Observatory for Human
Rights said Israel had hit missile warehouses and other former Syrian
army sites along Syria’s coast in the “most violent strikes in the
Syrian coast region since the beginning of the [Israeli] strikes in
2012”.

Work

Assad denies planning to flee Syria before evacuation by Moscow
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To help Syria’s economy, Pedersen has called for the US, UK and EU
to end sanctions imposed on the country when Assad was in power. To do
this, they would need to remove HTS, which emerged as an al-Qaida
offshoot but softened its politics, from their lists of
“terrorist” organisations.

Work

Threat of Amazon workersa?? strike spreads during peak holiday season
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"It's beyond unacceptable that Amazon, the 2nd largest corporation in
America, owned by Jeff Bezos, the 2nd wealthiest person on Earth,
continues to put their huge profits ahead of the health & safety of
their workers," Senator Bernie Sanders, the Help committee chair,
wrote on X.

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