The consumer price index is expected to show that all-items inflation increased just 0.1% last month, equating to a 4% annual rate.Story Published at: June 12, 2023 at 08:55PM
Inflation report Tuesday will be critical for the direction of Fed policy
The world’s top H.P. Lovecraft expert weighs in on a monstrous viral meme in the A.I. world
The shoggoth meme is a metaphor for concerns that artificial intelligence could one day become indifferent to humans.Story Published at: June 12, 2023 at 08:42PM
The Golden Globes find new home as the Hollywood Foreign Press shutters
Dick Clark Productions has acquired all of the assets, rights and properties of the Golden Globes from the Hollywood Foreign Press Association.Story Published at: June 12, 2023 at 07:28PM
British Prime Minister Rishi Sunak pitches UK as home of A.I. safety regulation as London bids to be next Silicon Valley
“I want to make the U.K. not just the intellectual home but the geographical home of global AI safety regulation,” Sunak said at a packed tech event Monday.Story Published at: June 12, 2023 at 06:26PM
Andreessen Horowitz to open first office outside the U.S. in London in bet UK will become crypto hub
Andreessen Horowitz, a major U.S. technology investor, said it plans open its first international office in London.Story Published at: June 12, 2023 at 06:07PM
FTC to file injunction seeking to block Microsoft’s acquisition of Activision Blizzard
The Federal Trade Commission is set to file for an injunction seeking to block Microsoft’s proposed acquisition of Activision Blizzard, per a person familiar.Story Published at: June 12, 2023 at 05:38PM
Grubhub lays off 15% of corporate workforce, or about 400 employees
Food delivery company Grubhub said it would lay off 15% of its corporate workforce, or 400 employees, citing a need to maintain competitiveness.Story Published at: June 12, 2023 at 05:08PM
JPMorgan reaches settlement with Jeffrey Epstein victim in lawsuit
Other suits in the Epstein matter remain open, however, including the U.S. Virgin Islands’ suit and a case against former executive Jes Staley.Story Published at: June 12, 2023 at 12:37PM
Former Italian Prime Minister Silvio Berlusconi has died, local media reports
Silvio Berlusconi was the billionaire Italian media mogul who served as premier of four Italian governments over nine years.Story Published at: June 12, 2023 at 09:52AM
Goldman Sachs slashes oil price forecast by nearly 10% as Russian supply recovers
Russia’s oil production has remained resilient even in the face of Western sanctions.Story Published at: June 12, 2023 at 07:54AM