Alan Greenspan, the influential economist who steered U.S. monetary policy during his five terms as chairman of the Federal Reserve under four presidents, died Monday, according to his wife, NBC News correspondent Andrea Mitchell. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. He was 100. Greenspan helped define…
Summary Disney’s ABC stations have begun airing ads asking viewers to defend the network against federal licensing challenges. The FCC has ordered Disney to reapply early for station licenses and opened an investigation into “The View.” Disney casts the actions as threats to free speech while the FCC chair claims his agency’s actions stem from…
“Tesla has claimed its FSD technology is safer than human driving, but the claims are based on misleading data analysis, such as comparing unlike crash outcomes, comparing new vehicles to the entire US vehicle fleet, and relying on incomplete crash data,” the senators wrote. Source link
AI chatbots are fast becoming a way people find news. But the systems are only as reliable as their sources, and are prone to misinformation and manipulation. Meanwhile, the rise of AI threatens the business model for news publishers, many of whom say AI model makers are using their work without fair compensation. NewsGuard, a…
Elon Musk’s supercomputer Project Colossus, which he’s termed a “gigafactory of compute”, is seen in Memphis, Tennessee, U.S. August 22, 2024. Karen Pulfer Focht | Reuters SpaceX has signed a major computing power agreement with Reflection AI, making the open-source artificial intelligence startup the latest outside company to tap Elon Musk‘s Colossus infrastructure. Under the…
SpaceX (SPCX) stock tumbled again on Monday, giving it three straight down days after a massive run-up following its IPO earlier this month. SpaceX also confirmed its first-ever bond issuance in a filing. SpaceX shares closed down 16.4% on Monday, the biggest down day for the newly debuted stock, following a 3.6% drop on Thursday…
A view of the neighborhood, with the property in red. This is a bad news/good news story. DJC readers know how the Martin Selig Real Estate empire is being gradually sold off by prior lenders. So, bad news. Several parking lots have changed hands, and some of those will see…
As chairman of the Federal Reserve, Alan Greenspan became the world’s most high-profile banker. Source link
Dilara Irem Sancar | Anadolu | Getty Images Meta‘s longtime WhatsApp leader will step down and be replaced by the founder of Indian fintech startup Cred, the company announced Monday. Will Cathcart, who has served as the head of the WhatsApp messaging service for more than seven years, is transitioning into another role at Meta,…
Mayor Helena Moreno’s pick to lead New Orleans’ economic development efforts as a deputy mayor is moving to a new role before her six-month anniversary on the job. Jenny Mains, the deputy mayor for economic development, is leaving that position to serve as Moreno’s special advisor focused on international partnerships and economic growth, according to a…
