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☆ NYU professor Suzy Welch on the Gen Z 'funemployment' fad
▼ + stars: | 2023-05-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYU professor Suzy Welch on the Gen Z 'funemployment' fadSuzy Welch, NYU Stern School of Business professor and Brunswick Group senior advisor, joins 'Squawk Box' to discuss the new 'funemployment' trend amongst Gen Z workers, what it means for the labor market, and more.

Its oil deals with Russia are seen as undermining Western sanctions by allowing Russia to continue benefiting from energy revenues. A French presidential source told reporters that Brazil's Luiz Inacio Lula da Silva would also meet Zelenskiy while in Hiroshima. [1/9] Ukrainian President Volodymyr Zelenskiy arrives at Hiroshima airport for attending the G7 leaders' summit in Mihara, Hiroshima prefecture, western Japan May 20, 2023., in this photo released by Kyodo. A Chinese foreign ministry statement accused the G7 of attacking China and interfering in its internal affairs, including Taiwan. Reporting by Reuters G7 team in Hiroshima; Writing by David Dolan; Editing by Nick MacfieOur Standards: The Thomson Reuters Trust Principles.

☆ China complains to G7 host Japan over joint statement
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: 1 min

BEIJING, May 20 (Reuters) - China firmly opposes the G7 joint statement out of Hiroshima and has complained to summit organiser Japan, the Chinese foreign ministry said on Saturday. The ministry said that the G7, disregarding China's concerns, had attacked it and interfered in its internal affairs, including Taiwan, the ministry said in a statement. China has expressed its strong dissatisfaction and has lodged stern representations with summit host Japan, the statement added. Reporting by Ryan Woo, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ How Russia Tries to Re-Educate Ukrainian Children in Occupied Regions
▼ + stars: | 2023-05-19 | by ( ) www.wsj.com time to read: 1 min

Your AI Clone Can Fool Family, Your Bank, But Not Your Video MeetingYou can pay companies to create video and audio versions of yourself using generative artificial intelligence. But how well does it work? WSJ senior personal tech columnist Joanna Stern joins host Zoe Thomas to explain what it was like to work with her AI clone, and why it has her worried. Illustration: Amogh Alva Vaz/WSJ

Take-Two Interactive Software Inc (TTWO.O) on Wednesday rounded off a strong March quarter for the sector that saw its three major players post net bookings growth of between 11% and 66%. The company said "NBA 2K23", "Grand Theft Auto V" and "Grand Theft Auto Online" were some of the top contributors to its net bookings growth in the reported quarter. The company forecast net bookings of more than $8 billion for next year, which was above analysts' estimates. "It (the GTA VI release) would be a watershed moment for the category of open-world games," said MoffettNathanson analyst Clay Griffin. "Tens and tens of millions of units would be sold immediately, and a new or completely refreshed GTA: Online would redefine what a modern 'metaverse' really looks like."

☆ Regulatory risk for Big Tech may have already peaked, says Evercore ISI's Mahaney
▼ + stars: | 2023-05-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRegulatory risk for Big Tech may have already peaked, says Evercore ISI's MahaneyJoanna Stern, Wall Street Journal columnist, Dan Primack, Axios Business editor, and Mark Mahaney, Evercore ISI analyst, join 'Last Call' to discuss the U.S. Supreme Court's ruling in favor of Big Tech.

At the same time, he said the job market is showing an "unprecedented" break from past behavior with a steady drop in job openings without any rise in the unemployment rate. The big unknown is whether that continued job market health is consistent with inflation falling steadily from its current levels above 4% back to the Fed's 2% target. That could allow the job market to cool without as much of a rise in unemployment as might otherwise be the case. Economists and policymakers at this week's conference pointed to other factors adding to the case for a soft landing. But at this point the "uncertainty" about what's at work in the economy could, some officials feel, mask developments that are working in their favor.

☆ Watch CNBC's full interview with Joanna Stern, Dan Primack, and Mark Mahaney
▼ + stars: | 2023-05-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Joanna Stern, Dan Primack, and Mark MahaneyJoanna Stern, Wall Street Journal columnist, Dan Primack, Axios Business editor, and Mark Mahaney, Evercore ISI analyst, join 'Last Call' to discuss the Supreme Court's ruling in favor of Big Tech.

☆ ‘Sanctuary’ Review: Who’s the Boss?
▼ + stars: | 2023-05-18 | by ( Jeannette Catsoulis | ) www.nytimes.com time to read: +1 min

Unfolding over one fraught night, “Sanctuary” dances on the border between fantasy and reality. He’s about to find out, though, that this employee will not be pensioned off so easily. If she’s to succeed, she’ll need more than a talent for debasement and humiliation. Sexual but not sexy, “Sanctuary” is fantastically dynamic and emphatically theatrical. The ending feels too smoothly settled, but it at least prods Hal and Rebecca to answer the film’s central question: Where does role-playing end and real life begin?

☆ A man in South Korea got caught out after having his twin brother take an entrance exam for him when he double booked himself
▼ + stars: | 2023-05-18 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

A Bank of Korea employee got caught after his twin brother took an entrance exam in his name. The man had an entrance exam for two jobs on the same day, but got his brother to take one for him. Rather than trying to rearrange one of the exams, the man asked his twin to take the FSS exam under his name. South Korea is notorious for having a hyper-competitive job market, and for the length and intensity of work many people do. That ranks among the five highest working hours in developed nations.

☆ Titanic: 'Largest underwater scanning project in history' gives never-before-seen view of wreck
▼ + stars: | 2023-05-17 | by ( Niamh Kennedy | ) edition.cnn.com time to read: +3 min

CNN —The mysterious 1912 sinking of the luxury passenger liner, the Titanic, has long served as a source of fascination for many. Historians now believe that a new underwater scanning project may provide answers to some of the unanswered questions regarding the tragedy that killed more than 1,500 people. A team of scientists have used deep sea mapping to create “an exact ‘Digital Twin’ of the Titanic wreck for the first time,” according to a press release Wednesday from deep sea investigators Magellan and filmmakers Atlantic Productions. Data engineers can use the data to examine the true mechanics behind the tragedy, according to Titanic expert Parks Stephenson. According to Stephenson, this mapping will herald the “beginning of a new chapter,” for Titanic research and exploration.

☆ Koepka brings lessons from Masters letdown into PGA Championship
▼ + stars: | 2023-05-17 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

ROCHESTER, New York, May 17 (Reuters) - Brooks Koepka returns to the major stage for this week's PGA Championship hoping the lessons he learned after squandering a final-round lead at last month's Masters will serve him well at Oak Hill Country Club. When asked to share what he learned from his latest Masters appearance Koepka said he preferred to keep it to himself. Starting with his 2017 U.S. Open win at Erin Hills, Koepka has finished either first or second in eight of the last 21 majors in which he has competed. Prior to the 2019 PGA Championship Koepka said the majors are sometimes the easiest to win and shared his own algorithm that essentially reduced the field to about 12 players he needed to beat. Oak Hill has undergone an extensive restoration since it last hosted a PGA Championship in 2013 and its narrow fairways, deep rough and steep-faced bunkers will provide a stern test.

☆ Will the Apple Headset Blow Up? The iPhone, iPod, Apple Watch Give Us Clues
▼ + stars: | 2023-05-17 | by ( Joanna Stern | ) www.wsj.com time to read: 1 min

S2 E2524-Hour Challenge: Can My AI Voice and Video Clone Replace Me? New AI voice and video tools can look and sound like you. But can they fool your family—or bank? WSJ’s Joanna Stern replaced herself with her AI twin for the day to find out. Photo illustration: Elena Scotti

☆ The Fed could enact a 'substitute' interest rate hike at its June meeting
▼ + stars: | 2023-05-17 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Federal Reserve officials could talk tough enough at their June meeting that it would amount to a de facto interest rate hike. "All Fed officials are being careful not to exclude a June hike with more data to come and we would not completely exclude this either," he added. A "substitute" hike could see the rhetoric out of the June meeting reasserting the Fed's stern commitment to fighting inflation and disinclination toward easing anytime soon. But some taming in the inflation data , stronger economic signals and repeated statements from central bankers that cuts are not in their forecast have caused a shift. Fed fund futures contracts are implying a 4.585% funds rate by the end of the year, from the current 5.08%.

☆ ChatGPT’s Sam Altman Faces Senate Panel Examining Artificial Intelligence
▼ + stars: | 2023-05-16 | by ( Ryan Tracy | ) www.wsj.com time to read: 1 min

New AI voice and video tools can look and sound like you. But can they fool your family—or bank? WSJ’s Joanna Stern replaced herself with her AI twin for the day to find out. Photo illustration: Elena ScottiWASHINGTON—The chief executive of ChatGPT creator OpenAI is set to testify before a Senate panel Tuesday as lawmakers begin a bipartisan push toward regulating the powerful new artificial-intelligence tools available to consumers. Sam Altman, who is making his first appearance before Congress, is expected to support calls for regulatory guardrails on the technology so that potential harms such as misinformation or fraud don’t outweigh benefits.

☆ ChatGPT’s Sam Altman Calls on Congress to Adopt Safety Standards for AI Systems
▼ + stars: | 2023-05-16 | by ( Ryan Tracy | ) www.wsj.com time to read: 1 min

New AI voice and video tools can look and sound like you. WSJ’s Joanna Stern replaced herself with her AI twin for the day to find out. Photo illustration: Elena ScottiWASHINGTON—The chief executive of ChatGPT creator OpenAI called on Congress to create licensing and safety standards for advanced artificial intelligence systems, as lawmakers begin a bipartisan push toward regulating the powerful new artificial-intelligence tools available to consumers. “We understand that people are anxious about how it can change the way we live,” Sam Altman said of AI technology at a Senate subcommittee hearing Tuesday, his first appearance before Congress. “But we believe that we can and must work together to identify and manage the potential downsides so that we can all enjoy the tremendous upsides.”

☆ Watch: CIA Posts Video Aimed at Recruiting Russians to Spy for the U.S.
▼ + stars: | 2023-05-16 | by ( ) www.wsj.com time to read: 1 min

☆ Activision Blizzard, Microsoft $75 Billion Deal Approved by EU Regulators
▼ + stars: | 2023-05-15 | by ( ) www.wsj.com time to read: 1 min

Our experts choose the best products and services to help make smart decisions with your money (here's how). As a child, my grandmother used to give my sister and me a quarter when she came to visit. That rebuke unconsciously taught me I shouldn't ask for money, and it held me back for years. My mother, utterly mortified, sent me to my room with the stern admonishment that asking for money was not polite. I found it was as difficult to accept money as it was to ask for it, especially if it happened to be a gift.

☆ Why Some Companies Are Saying ‘Diversity and Belonging’ Instead of ‘Diversity and Inclusion’
▼ + stars: | 2023-05-13 | by ( Jennifer Miller | ) www.nytimes.com time to read: +2 min

The belonging obsession is the result of a now-widespread corporate standard: Bring your whole self to work. Bring your whole self to work emerged before the pandemic but became something of a mandate at its height, as companies tried to stanch a wave of resignations. Last year, the Society for Human Resource Management conducted its first survey on corporate belonging. Respondents said that identity-based communities, like employee resource groups, helped foster belonging, while mandatory diversity training did not. Jonathan Haidt, a social psychologist and professor at N.Y.U.’s Stern School of Business, wishes we weren’t having this conversation about identity and belonging.

☆ Elon Musk Names Linda Yaccarino as Twitter CEO
▼ + stars: | 2023-05-12 | by ( ) www.wsj.com time to read: 1 min

☆ Back-to-Office Battles Underscore a Change in Workplace Authority
▼ + stars: | 2023-05-11 | by ( Stefan Stern | ) www.nytimes.com time to read: +1 min

steps out of the corner office, stares into the abyss of a sparsely occupied floor, and only the abyss stares back. Disconcerting questions arise: What kind of a place is this, and what kind of a leader am I if so few people want to show up? The hierarchy effect, already weakening before the pandemic, has been undermined even further by the living (and successful) experiment of hybrid work. Leaders are facing more than a back-to-office struggle: They are wrestling with a new, post-pandemic identity. Old Approaches Fall ShortSome have responded by looking to reassert a degree of traditional control.

☆ Google Says Search Enters New Era With Conversational AI Features
▼ + stars: | 2023-05-10 | by ( Miles Kruppa | ) www.wsj.com time to read: 1 min

Google’s new AI chatbot Bard is more restricted than OpenAI’s ChatGPT and Microsoft’s Bing. Google’s Sissie Hsiao discusses it all with WSJ’s Joanna Stern. Photo illustration: Preston Jessee for The Wall Street JournalGoogle unveiled conversational features for its search engine and made its chatbot Bard widely available for English speakers, a show of force as it races Microsoft and a growing number of startups to win over consumers with artificial-intelligence products. Calling the moment a new era in search, Google introduced a set of features—called Search Generative Experience—that use AI programs to provide lengthier summaries in response to a range of queries. The features invite follow-up questions, opening a new interface allowing users to hold conversations with the search engine.

☆ 'We're Back': Tucker Carlson to Launch Show on Twitter
▼ + stars: | 2023-05-10 | by ( ) www.wsj.com time to read: 1 min

☆ Fact-checking Trump’s CNN town hall in New Hampshire
▼ + stars: | 2023-05-10 | by ( Cnn Staff | ) edition.cnn.com time to read: +26 min

CNN —CNN hosted a town hall with 2024 Republican presidential candidate and former President Donald Trump on Wednesday night in New Hampshire. 2020 ElectionJust minutes after the town hall began, Trump claimed the 2020 election was “rigged.”Facts First: This is Trump’s regular lie. Trump claimed Wednesday that he got gas prices down to $1.87 – and “even lower” – but they increased to $7, $8 or even $9 under Biden. The Presidential Records Act says that the moment a president leaves office, the National Archives and Records Administration gets legal custody and control of all presidential records from his administration. First, there’s no provision for negotiating over Presidential records at the end of a term.

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