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☆ I'm an AI ethicist. I make sure the tech is safely deployed to the world, but I am not an oracle.
▼ + stars: | 2023-05-13 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Giada Pistilli, 31, is the principal ethicist at Hugging Face and helps ensure AI is safely deployed. Here is what Pistilli's job as an AI ethicist entails, as told to Insider's Aaron Mok. I'm a full-time AI ethicist making sure the tech is safely deployed to the world. I first approached Hugging Face to understand how I could help build Bloom, its large language model. For example, a journalist approached Hugging Face after he claimed one of his articles was plagiarized by the company's language model.

☆ Opinion: Whatever happened in the skies over Putin’s fortress, one thing is certain
▼ + stars: | 2023-05-04 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +8 min

She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and a columnist for World Politics Review. (The following day, the Kremlin also accused the US of involvement in the alleged attack, which the US denies). What exactly happened over the presumably heavily fortified Kremlin – a word that means fortress in Russian – the seat of government and home to the president? Russia’s credibility, particularly concerning its war against Ukraine, has been crushed by its persistent lies. In the Immortal Regiment parade, hundreds of thousands of Russians take to the streets, many holding up photographs of their relatives who served the nation in World War II, the Great Patriotic War, as it is known there.

☆ Residents and survivors say 136 killed in Burkina Faso massacre, blaming army
▼ + stars: | 2023-04-29 | by ( Thiam Ndiaga | ) www.reuters.com time to read: +2 min

OUAGADOUGOU, April 29 (Reuters) - Residents and survivors of a massacre in a Burkina Faso village said on Saturday 136 people including women and infants were killed, blaming the country's security forces for the April 20 attack. The government condemned the attack on Karma in a statement on April 27, but gave no details on casualties. Neither Burkina Faso's army nor the government responded to a Reuters request for comment on Saturday. The statement sows confusion about the responsibility of security and defence forces for the massacre, he said. We are not fooled, we know our security and defence forces well," the statement said.

☆ Kirin investors find vitamin deal hard to swallow
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

The $15 billion Japanese company is best known as a brewer, but sources more than half its top line from other businesses. Kirin, led by CEO Yoshinori Isozaki, also reckons the deal will be accretive to earnings per share in the first year. Yet investors immediately wiped some $450 million off the purchaser’s market value on Thursday, almost double the premium it agreed to pay Blackmores’ shareholders. Blackmores may yet show Kirin has adopted a better dealmaking regimen, but investors aren’t holding their breath. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ F1 braced for chaos as sprint season starts in Baku
▼ + stars: | 2023-04-26 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

April 26 (Reuters) - Formula One is braced for chaos on the streets of Baku this weekend as Azerbaijan hosts the first sprint race of the season and kicks off a run of five grands prix in six weeks. "It’s absolutely ludicrous to be doing the first sprint race of the year in a street race like Azerbaijan," Red Bull boss Christian Horner told reporters at the previous race in Australia. Verstappen won last year. "We are bringing a new floor to Baku amongst some other aerodynamic and mechanical items," said Alpine technical director Matt Harman. "We then have a further development at the following race in Miami and something further for Imola after that."

☆ Sanction hit tars BAT’s US listing hopes
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +2 min

LONDON, April 26 (Reuters Breakingviews) - British American Tobacco (BATS.L) could have trouble getting more American love. The $635 million settlement plus interest may be less of a financial spoil for the $82 billion giant. Still, investors including Rajiv Jain’s GQG Partners, had hoped BAT could move its listing to the United States to close a yawning valuation gap. The reputational stain from its fine, however, raises the risk that if it were to move stateside, U.S. investors may still apply a discount. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Teck swats dealmaking ball back into its own court
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +2 min

Canadian miner Teck Resources (TECKb.TO) on Wednesday tore up Plan A, which was a scheduled shareholder vote on splitting the company. Boss Jonathan Price and controlling shareholder Norman Keevil also are rejecting Plan B, an even more intricate, all-share $24 billion takeover bid from Glencore (GLEN.L). If Teck doesn’t come up with a persuasive third option, and soon, it is likely to face increased pressure to sell. Teck vowed to come back with a “simpler and more direct” separation proposal. Keevil’s blocking stake is an obvious impediment, but if Plan C doesn’t fly, Plan B will look more compelling.

☆ Credit Suisse’s corpse drags on Nomura
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +2 min

Like peers, it is feeling the pain of the Silicon Valley Bank crisis and Credit Suisse’s (CSGN.S) collapse. And Nomura (8604.T), as with Goldman Sachs (GS.N), is ill-positioned to benefit from rising lending rates as much as commercial banks are; both investment-banking firms posted a 5% decline in net revenue in the most recent quarter. Wholesale revenue, dragged down by a 20% decline in investment banking, contracted for the quarter but remained up 10% for the year. Retail and investment management contracted compared to the prior quarter; that could be more than just seasonal if the global economy stays rickety. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Reckitt CEO switch may boost odds of a takeover
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +2 min

LONDON, April 26 (Reuters Breakingviews) - Reckitt Benckiser’s (RKT.L) decision to appoint an insider as CEO may help to entice prospective buyers, like U.S. giant Procter & Gamble (PG.N). Reckitt has been a perennial takeover target, as previous bosses struggled to deliver consistently strong revenue growth. It is still paying down a hefty debt pile following an ill-advised $17 billion takeover of baby food maker Mead Johnson in 2017. Net revenue grew by nearly 8% year-on-year in the first quarter – after excluding acquisitions, disposals and currency fluctuations. Reckitt’s shares trade at 17 times forecast 2023 earnings, compared with P&G’s multiple of nearly 25 times.

☆ News anchor carnage is a post-Trump reality
▼ + stars: | 2023-04-25 | by ( ) www.reuters.com time to read: +2 min

Rupert Murdoch’s Fox (FOXA.O) announced the abrupt departure of star host Tucker Carlson, while Don Lemon, an anchor at rival CNN, said he had been fired. After the easy news cycle served up by former President Donald Trump’s administration, the networks are going through an identity crisis. Network chief Chris Licht is trying to reposition the organization toward straight-down-the-middle journalism, but is struggling to get the lineup to click. Even MSNBC is trying to recapture the magic after leading host Rachel Maddow left her five-day-a-week spot last year. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Dr. Fauci Looks Back: ‘Something Clearly Went Wrong’
▼ + stars: | 2023-04-24 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +55 min

Dr. Fauci Looks Back: ‘Something Clearly Went Wrong’ In his most extensive interview yet, Anthony Fauci wrestles with the hard lessons of the pandemic — and the decisions that will define his legacy. But when people say, “Fauci shut down the economy” — it wasn’t Fauci. But somehow or other, the general public didn’t get that feeling that the vulnerable are really, really heavily weighted toward the elderly. We also had a public-health system that we thought was really, really good. But it was really, really antiquated.

☆ Punjab's Arshdeep back in his element after fixing no-ball tendency
▼ + stars: | 2023-04-23 | by ( ) www.reuters.com time to read: +2 min

The problem persisted in the subsequent home series against New Zealand but Arshdeep was back in his element against Mumbai. It helped me with the no-ball problem," he said after claiming 4-29 in the high-scoring heart-stopping match. But Cameron Green (67) and Rohit Sharma (44) led a robust reply from Mumbai and then Suryakumar Yadav smashed 57 off 26 balls. Arshdeep was even more impressive, conceding just two runs and breaking the middle stumps of Tilak Varma and Nehal Wadhera in successive deliveries. "I guess Danny you should come next to me and feel the heart beat - it's not even close to 120," a beaming Arshdeep said.

☆ Myanmar airstrike survivors ask what will it take for the world to act: 'How many more children have to die?'
▼ + stars: | 2023-04-20 | by ( Helen Regan Sandi Sidhu Anna Coren Salai Tz Su Chay | Helen Regan | Sandi Sidhu | ) edition.cnn.com time to read: +11 min

The aftermath of an airstrike in Pazigyi village in Sagaing Region's Kanbalu Township, Myanmar, Tuesday, April 11, 2023. The three-year-old girl (left) was among the 186 people who were killed in the military attack in Sagaing, Myanmar. There were 56 air attacks by the military junta between January and March this year, according to Myanmar’s Ambassador to the United Nations Kyaw Min Tun, who represents the NUG. The one-year-old girl (left) was another victim of the military airtsike in Sagaing, Myanmar. The survivors who lost families in last Tuesday’s attack ask how many more people have to die before such action is taken.

CNN —Two Alabama teens have been arrested and face murder charges in the deadly rampage at a weekend Sweet 16 birthday party in Dadeville, state police said Wednesday. “I just want justice for my baby and all the other kids that were involved,” Allen told CNN on Monday. From left to right, Zaniriah Dowdell, Latonya Allen, Alexis Dowdell and Phil Dowdell pose for this undated family photo. You’re strong,” she told Phil. A makeshift memorial sits Wednesday at the scene of the deadly mass shooting in Dadeville, Alabama.

☆ Morningstar: Stocks are historically cheap — buy these 33 top undervalued names to brace for a volatile market today and profit from the recovery later this year
▼ + stars: | 2023-04-15 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +5 min

In a recent note, Morningstar shared its top 33 undervalued stocks to buy for the second quarter. While the near term may look difficult for investors, Sekera believes that these headwinds will force the Federal Reserve to pump the brakes on its rate-hiking program sooner rather than later. Valuations-wise, small-cap firms remain the cheapest, while mid-cap and large-cap stocks respectively remain just below and above market average. In a separate note, Morningstar analysts listed their top 33 undervalued stocks for the second quarter of 2023. The full list of names is below, along with each company's ticker, sector, market capitalization, and price versus fair value estimate.

☆ Jack Teixeira's alleged Discord leaks show why the US should not give Top Secret clearances to 21-year-olds
▼ + stars: | 2023-04-15 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +9 min

Nevertheless, that looks to be the US intelligence community's approach to handling classified information. The tangled views of Jack Teixeira, who was indicted Friday in connection with leaking hundreds of classified documents to a private Discord server, are still coming into focus. There are classified phone systems, email systems, fiber optic cables, and a Wikipedia clone. Aside from the question of how many people have access to secrets, it's also worth considering how many of those supposed secrets belong on classified systems at all. Who was tracking the whereabouts of the volume of secret files he appears to have sent to the printer?

At least 133 people, including women and children, were killed after Myanmar’s military junta bombed Kanbalu township in the central Sagaing region on Tuesday, the human rights minister of the ousted shadow National Unity Government Aung Myo Min told CNN. Like much of Sagaing, the area is not under the control of the military junta. I saw flesh on the road.”The eyewitness said he saw dozens of bodies after the attack, including children as young as five. The attacks have killed civilians, including children, and targeted schools, clinics, hospitals and other civilian infrastructure. And a military airstrike on a school in Sagaing in September killed at least 13 people, including seven children.

☆ Tech employees should expect more debloating even after 330,000 jobs got wiped
▼ + stars: | 2023-04-11 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Amazon, Google, Meta, Microsoft, and Twitter have collectively chopped around 70,000 staff — but ongoing concerns about profitability and over-hiring means they could slim down more. Google and Amazon should cut more jobs: analystsAnalysts note that Google, for example, added around 71,000 employees in the past three years. They say Meta has seen "limited impact on its growth" after laying off around 25% of its workforce since November. The bank's analysts say that profitability per employee at Amazon excluding its warehouse workers — a measure of its efficiency — is "significantly below peers." With less cash available, cuts will likely persist and workers in tech should brace for more instability this year.

☆ Tech ripped higher to start the year. Here's how the pros are trading the sector in the new quarter
▼ + stars: | 2023-04-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +10 min

After the worst year for tech since 2008 , many investors questioned whether the market could move higher in the new year without the sector's cooperation. Names such as Apple , Microsoft and Amazon gained about 27%, 20% and 23% in the first quarter, respectively, as yields pushed lower. Amid this backdrop, Alphabet shares gained 17.6% in the first quarter as the company launched it's Bard chatbot rival. Not all investors view big tech so optimistically heading into the new quarter. Much of the surge in tech stocks stems from the oversold conditions created during 2022's carnage, positioning many of these stocks for a bounce, Meeks said.

☆ The father of a Parkland shooting victim called Ron DeSantis 'pathetic and 'small-minded' for signing Florida's new concealed carry law. He says the bill 'guarantees' there will be more dead children.
▼ + stars: | 2023-04-04 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Ron DeSantis quietly removed the need for training or background checks to carry concealed firearms. Guttenberg's 14-year-old daughter, Jaime, was killed in the 2018 Parkland school shooting. Ron DeSantis' new law that allows Floridians to carry concealed firearms without a permit. "Ron DeSantis today put his signature to a bill that guarantees there will be more Jaimes." The permitless concealed carry law DeSantis signed on Monday will take effect from July 1.

☆ Formula One under scrutiny over balance between safety and entertainment
▼ + stars: | 2023-04-03 | by ( Ian Ransom | ) www.reuters.com time to read: +4 min

Stewards had hoped racing would decide the winner but the carnage only served to trigger a third red flag and a processional win behind a safety car for Red Bull's Max Verstappen. DAMAGE BILLSStriking the right balance between safety and sport has long challenged Formula One, which moved to tighten its safety car rules after controversy hit the title-deciding 2021 Abu Dhabi Grand Prix. Officials no longer have such discretion but the application of safety car rules continues to flummox drivers and team bosses alike. Mercedes boss Toto Wolff said he was not sure when to expect a standard safety car versus a virtual one or a red flag after incidents. "Standing starts are the most vulnerable part of any grand prix and we did three of them," said Red Bull boss Christian Horner.

☆ Russia's President Vladimir Putin could be a 'dead man walking,' a former CIA counterintelligence chief told an interviewer
▼ + stars: | 2023-04-02 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +3 min

A former CIA official laid out why he believes Putin will be 'eliminated' as leader of Russia. In an interview with The Sun, James Olson said, "I think Putin will be taken out." Olson said there is a "strong undercurrent of opposition to Putin" in the military and among oligarchs. He would not discount the most dramatic option in this possibility, saying, "I think Putin will be taken out. Olson believes Putin's generals are "disgusted" by the futility and the carnage of the fighting in Ukraine.

☆ The High Seas Treaty, Explained
▼ + stars: | 2023-03-30 | by ( Haphazard Authority On Ocean Resources | ) www.reuters.com time to read: +12 min

Global News Changing Tides The first international agreement to protect the world's oceans aims to create “international parks” in the high seas. The high seas represent 95% of the world’s total habitat by volume, but the nautical world remains largely unexplored. “A sentiment we often encountered was that there’s not much in terms of biodiversity out there in the high seas,” he said. MPAs that already exist mostly occupy exclusive economic zones and only make up about 3% of the high seas. A 2016 Pew study on mapping governance in the high seas showed 19 governing bodies with a high seas mandate.

☆ Bank carnage rages on: President Biden calls for stricter regulation
▼ + stars: | 2023-03-30 | 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 EmailBank carnage rages on: President Biden calls for stricter regulationHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Herb Greenberg, Empire Financial Research; Richard Bove, Odeon Capital Group; Liz Hoffman, Semafor, join the show to discuss whether the bank crisis is over.

SummarySummary Companies Futures down: Dow 0.10%, S&P 0.17%, Nasdaq 0.22%March 28 (Reuters) - U.S. stock index futures slipped on Tuesday as Treasury yields rose amid easing worries about a banking crisis following First Citizens BancShares' U.S. regulator-backed deal for failed Silicon Valley Bank. Shares of First Citizens BancShares Inc (FCNCA.O) fell 1% in premarket trading after surging more than 50% on Monday following its deal to acquire the deposits and loans of failed Silicon Valley Bank. Regional banks also rose, led by First Republic Bank's (FRC.N) 2.2% gain after a 12% rally on Monday. Later in the day, Fed Vice Chair for Supervision Michael Barr will testify before the Senate Committee on Banking, Housing and Urban Affairs on "bank oversight" in the first of several hearings on the collapse of Silicon Valley Bank and Signature Bank. ET, Dow e-minis were down 31 points, or 0.1%, S&P 500 e-minis were down 6.75 points, or 0.17%, and Nasdaq 100 e-minis were down 27.75 points, or 0.22%.

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