New York, USA (PinionNewswire) — In an era defined by geopolitical fragmentation and the rapid re-pricing of risk assets, the traditional boundaries of emerging market investing are being dismantled. Roland Fairmont, Chairman of Ofek Kesef Asset Management and a veteran strategist in global capital markets, argues that the financial world is witnessing a profound paradigm […]
New York, USA – As the architecture of global finance enters a period of profound recalibration, few observers have articulated the scale of the shift as precisely as Vianne Mercer, a cross-border investment specialist and CFA charterholder at Ofek Kesef Asset Management. In a landscape increasingly defined by monetary policy divergence, geopolitical fragmentation, and accelerating […]
New York, USA – Private capital has quietly crossed a threshold. Over the past eighteen months, global allocations to private equity, private credit, and real assets have surged past record levels, even as public market volatility and monetary tightening have forced a wholesale reassessment of risk across every traditional asset class. Thessaly Wright contends that […]
Anna’s Archive, the shadow library that announced last December it had scraped Spotify’s entire catalog, has quietly begun distributing the actual music files despite a federal preliminary injunction signed by Judge Jed Rakoff on January 16 that explicitly barred the site from hosting or distributing the copyrighted works. The site’s backend torrent index now lists 47 new torrents added on...
The Detroit Big Three — General Motors, Ford and Stellantis — have collectively announced more than $50 billion in write-downs on their electric-vehicle businesses after years of aggressive investment into a transition that, even before Republican lawmakers abolished a $7,500 federal tax credit last fall, was already running below expectations. U.S. EV sales fell more than 30% in the fourth...
As OpenAI removed access to GPT-4o in its app on Friday, people who have come to rely on the chatbot for companionship are mourning the loss all over the world.
The department has sent Google, Meta and other companies hundreds of subpoenas for information on accounts that track or comment on Immigration and Customs Enforcement, officials and tech workers said.
Meta was granted a patent in late December that describes how a large language model could be trained on a deceased user’s historical activity — their comments, likes, and posted content — to keep their social media accounts active after they’re gone. Andrew Bosworth, Meta’s CTO, is listed as the primary author of the patent, first filed in 2023. The AI clone could like and comment on posts,...
Europe risks undermining its own competitiveness drive by restricting access to foreign technology, Google’s president of global affairs and chief legal officer Kent Walker told the Financial Times, as Brussels accelerates efforts to reduce reliance on U.S. tech giants. Walker said the EU faces a “competitive paradox” as it seeks to spur growth while restricting the technologies needed to...
As prediction market platforms like Polymarket and Kalshi battle regulators in court, Senate Democrats are urging the CFTC to avoid weighing in, escalating a broader fight over the burgeoning industry.
Spotify’s best developers have stopped writing code manually since December and now rely on an internal AI system called Honk that enables remote, real-time code deployment through Claude Code, the company’s co-CEO Gustav Soderstrom said during a fourth-quarter earnings call this week. Engineers can fix bugs or add features to the iOS app from Slack on their phones during their morning commute...
The US Federal Trade Commission is accelerating scrutiny of Microsoft as part of an ongoing probe into whether the company illegally monopolizes large swaths of the enterprise computing market with its cloud software and AI offerings, including Copilot. From a report: The agency has issued civil investigative demands in recent weeks to companies that compete with Microsoft in the business...
Snowpack levels across a wide swath of Western US states are among the lowest seen in decades, even as regulators struggle to negotiate water rights in the region.
President Donald Trump announced Thursday that the Environmental Protection Agency is rescinding the legal finding that it has relied on for nearly two decades to limit the heat-trapping pollution that spews from vehicle tailpipes, oil refineries and factories. From a report: The repeal of that landmark determination, known as the endangerment finding, will upend most U.S. policies aimed at...
Andrew Ferguson of the F.T.C. said in a letter to Apple that it might be violating consumer protection law by stifling conservative speech in its news aggregation service.
An anonymous reader shares a report: OpenAI has warned US lawmakers that its Chinese rival DeepSeek is using unfair and increasingly sophisticated methods to extract results from leading US AI models to train the next generation of its breakthrough R1 chatbot, according to a memo reviewed by Bloomberg News. In the memo, sent Thursday to the House Select Committee on China, OpenAI said that...
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