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  • Adolfo Muniz
    Silicon Valley Boardroom Coup Leads to Ouster of an AI Champion

    OpenAI, the pioneer of widely used tools that generate specialized digital content from simple prompts, ousted its co-founder and Chief Executive Officer Sam Altman and lost another senior executive after a series of escalating disagreements over fundamental questions at the heart of artificial intelligence: How to keep the technology safe while also making money from it.

    https://finance.yahoo.com/news/openai-ceo-ouster-followed-d...  more
    Silicon Valley Boardroom Coup Leads to Ouster of an AI Champion
    (Bloomberg) -- OpenAI, the pioneer of widely used tools that generate specialized digital content from simple prompts, ousted its co-founder and...
  • Neil Adamson
    Scottish school strikes set to go ahead in pay dispute

    Strikes which will cause widespread school closures are set to go ahead on Wednesday.

    https://www.bbc.com/news/uk-scotland-67273011

  • David Higgins
    Amazon launches first internet satellite prototypes

    Amazon’s first pair of prototypes for its Project Kuiper satellite internet system launched on Friday.

    “We’ve done extensive testing here in our lab and have a high degree of confidence in our satellite design, but there’s no substitute for on-orbit testing,” a Project Kuiper executive said.

    Project Kuiper is Amazon’s plan to build a network of 3,236 satellites in low Earth orbit, to provide high-speed internet access anywhere in the world.
    ...  more
  • Gary Adler
    Fears over access to credit hit highest level in more than a decade, New York Fed survey shows

    Respondents indicating that the ability to get credit is harder now than it was a year ago rose to nearly 60%, the New York Fed’s Survey of Consumer Expectations for August showed.

    The survey showed that the mean expectation of losing one’s job in the next year rose by 2 percentage points to 13.8%, the highest since April 2021.

    https://www.cnbc.com/2023/09/11/credit-crunch-worries-at-10-year-plus-hi...  more
  • Forsythe Switzerland
    Opening an account with a fintech (financial technology) company instead of a traditional bank can offer several advantages. Here are some common advantages associated with fintech accounts:

    Ease of Use: Fintech companies often provide user-friendly digital platforms and mobile apps, making it convenient to access and manage your account anytime, anywhere. The account setup process is typically streamlined, with quick onboarding and fewer paperwork requirements compared to traditional banks.

    L...  more
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  • Matt Levy
    UBS’s Credit Suisse takeover: How the demise of one Swiss bank has built up the dominance of its rival

    UBS's takeover of Credit Suisse pushed it to report its biggest quarterly profit in the history of banking, but there are still significant battles ahead

    https://www.fnlondon.com/articles/ubss-credit-suisse-takeover-how-the-demise-of-one-swiss-bank-has-built-up-the-dominance-of-its-rival-20230901?mod=homepage
  • Forsythe Switzerland
    Quelle Est La Différence Entre Une Sarl Et Une SA En Suisse ?

    En Suisse, les termes “Sarl” et “SA” désignent deux types de sociétés commerciales avec des structures juridiques différentes. Voici les principales différences entre une Sarl (Société à responsabilité limitée) et une SA (Société anonyme) :

    Responsabilité des associés/actionnaires :
    Sarl : Dans une Sarl, la responsabilité des associés est limitée au montant de leurs apports au capital social de la société. Cela signifie que les as...  more
  • Andrew Campbell
    Oil Rises on Saudi Arabia’s Go-It-Alone July Production Cuts

    Saudi Arabia lowering output by extra 1 million b/d for July
    WTI jumps almost 5% in early trade before paring gains

    https://www.bloomberg.com/news/articles/2023-06-04/latest-oil-market-news-and-analysis-for-june-5?srnd=premium-europe#xj4y7vzkg
  • Stephen Melton
    Banks: Is this a banking crisis - how worried should I be?

    https://www.bbc.com/news/business-64951630
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