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☆ OpenAI executive resigns for better work-life balance: 'Anyone with young children and a super intense job can relate to that tension'
▼ + stars: | 2023-07-21 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Dave Willner, OpenAI's head of trust and safety, stepped down from his role. Dave Willner, the head of trust and safety OpenAI, announced on Thursday in a LinkedIn post that he is stepping down from his executive role at the company to prioritize his work-life balance. "OpenAI is going through a high-intensity phase in its development — and so are our kids," Willner wrote in his LinkedIn post. Jeff Bezos, Amazon's CEO, rejects the phrase "work-life balance" all together, as it implies a trade-off between life and work. In the mean time, Mira Murati, OpenAI's chief technology officer, will "directly manage" the trust and safety team, the spokesperson said.

Persons: Dave Willner, ChatGPT, Willner, it's, Charlotte Willner, AirBnb, Jeff Bezos, Mira Murati Organizations: LinkedIn, Morning, Meta, Google, OpenAI's

☆ Europe heat wave: Struggling outdoor workers threaten strikes and walkouts
▼ + stars: | 2023-07-21 | by ( Caolán Magee | ) edition.cnn.com time to read: +6 min

CNN —As swaths of southern Europe continue to swelter under a deadly heat wave, for many outdoor workers, it’s turning into a brutal endurance test. “When it comes to protecting the health of outdoor workers during extreme heat events, there are really just three fundamental pieces — water, shade and rest,” Dahl told CNN last week. Yet some experts say many countries are far from prepared for dealing with extreme heat. Extreme heat also reveals a deep divide in the labor market, between those forced to be outside and those able to retreat to air-conditioned offices, the report added. Many workers in the global supply chain will be highly vulnerable to climate change impacts like heat, Parsons said.

Persons: Marina Calderone, Simona Granati, “, Stelios Misinas, ”, Laurie Parsons, Kristina Dahl, ” Dahl, Parsons Organizations: CNN, Acropolis, Reuters, Royal Holloway, University of London, “, Union of Concerned, European Trade Union Institute, European Union, Nature Medicine Locations: Europe, Rome, Naples, Italy, Greece, Athens, Saronida, Italian, Lodi, Royal

☆ One of Wall Street's favorite chipmakers has seen its value tumble as worker shortages and delays dent investor hype
▼ + stars: | 2023-07-21 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Taiwan Semiconductor is facing business snags that are weighing on its earnings and stock. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Unfortunately for TSMC — and the chip sector at large — this doesn't exactly come as a surprise. The PHLX Semiconductor Index dipped more than 3.5% Thursday, with every name in the batch closing in the red. Wall Street, for its part, expects Apple's iPhone sales to drop 4% in the fiscal year up to September, according to the Journal.

Persons: It's, TSMC —, Mark Liu, ChatGPT, TSMC Organizations: Taiwan Semiconductor, Service, Taiwan Semiconductor Manufacturing, Nvidia, Semiconductor Industry, Wall Street Journal, PHLX, Investors Locations: Taiwan, Wall, Silicon, Arizona

☆ Sao Paulo governor turns heads on Brazil's right after Bolsonaro election ban
▼ + stars: | 2023-07-20 | by ( Ricardo Brito | ) www.reuters.com time to read: +5 min

Although the governor and his closest advisers insist he is focused on serving Sao Paulo state, many of Brazil's seasoned conservative power brokers are already calling the pro-business moderate a natural candidate for the presidency in three years. It also helped shore up three-quarters support among Sao Paulo lawmakers for the reform as it cleared one chamber of Congress. He is pushing to privatize the port of Santos on the Sao Paulo coast, a bid blocked for now by the federal government. And he has vowed to revive efforts to privatize state water utility Sabesp (SBSP3.SA), while Lula has decried recent privatizations under Bolsonaro. "He has to finish his mission in Sao Paulo with a second term," said one close aide, asking not to be named as he was not authorized to speak about the governor's plans.

Persons: Tarcisio de Freitas, Jair Bolsonaro, Freitas, Bolsonaro, Luiz Inacio Lula da Silva's, Marcos Pereira, of God, Arthur Lira, Ciro Nogueira, Bolsonaro's, Antonio Queiroz, Dilma Rousseff, Lula, Queiroz, Ricardo Brito, Anthony Boadle, Brad Haynes, Paul Simao Organizations: Paulo, Republicans, Universal Church of, Liberal Party, ARMY, Workers Party, Sao, Thomson Locations: BRASILIA, Sao Paulo, of, Brazilian, Santos

☆ Apple supplier TSMC delays start of Arizona chip factory
▼ + stars: | 2023-07-20 | by ( Lauren Feiner | ) www.cnbc.com time to read: +1 min

Taiwan Semiconductor Manufacturing Company will delay production at its new Arizona-based chip plant to 2025 due to a shortage of skilled labor, the company's chairman said on the company's second-quarter earnings call Thursday. Apple has said it plans to use computer chips built at TSMC's Arizona facilities. TSMC Chairman Mark Liu told analysts on an earnings call Thursday that the company does not have enough skilled workers to install advanced equipment at the facility on its initial timeline. Liu said the company is working to send trained technicians from Taiwan to train local workers to help accelerate installation. The U.S. has embarked on a major push to bring semiconductor manufacturing back stateside, including through funding the multi-billion dollar Chips and Science Act to turbocharge development.

Persons: Apple, Mark Liu, Liu Organizations: Taiwan Semiconductor Manufacturing Company, U.S, CNBC, YouTube Locations: Arizona, TSMC's Arizona, Taiwan, U.S, Phoenix

☆ EU climate chief Timmermans to run in Dutch election
▼ + stars: | 2023-07-20 | by ( Tosterling Kate Abnett | Kate Abnett | ) www.reuters.com time to read: +2 min

AMSTERDAM/BRUSSELS, July 20 (Reuters) - EU climate chief Frans Timmermans on Thursday said he wants to become the next Dutch prime minister and will contest a parliamentary election in the Netherlands in November. The four-party coalition government of Dutch Prime Minister Mark Rutte resigned earlier this month after failing to reach an agreement on restricting immigration, triggering a vote on Nov. 22. Timmermans had been tipped as a top candidate to lead the Dutch parties following his campaign for European social democrats in the 2019 European election, which was widely regarded as a success. Timmermans, who speaks English, German, French, Italian and Russian in addition to his native Dutch, is known as a skilled negotiator during international climate negotiations and his departure from EU politics will cause shockwaves. How well he may perform in Dutch politics is an open question, but a poll published on Thursday indicated that 39% of Dutch voters said they trusted him to lead the next government.

Persons: Frans Timmermans, Mark Rutte, Timmermans, Rutte, Toby Sterling, Kate Abnett, Bart Meijer, Andrew Cawthorne, Bernadette Baum, Alex Richardson Organizations: Dutch, Labour, Green Left, Labour and Green Left, de Volkskrant, EU, Thomson Locations: AMSTERDAM, BRUSSELS, Netherlands, EU, Dutch, Timmermans, Rutte's, Limburg, Brussels

☆ Europe's energy software startups are having a moment in the sun right now
▼ + stars: | 2023-07-20 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +3 min

Europe's energy software startups are getting a lot of investor attention right now. Europe's energy software startups are having a moment in the sun right now. Investors are bullish that energy software could be the solution. Energy software startups have raised $427 million in the first half of the year, already eclipsing 2022's total of $369 million, per PitchBook data. This week Lithuanian solar design and planning software company PVcase raised $100 million while Dutch energy monitoring firm Sensorfact landed $28 million.

Persons: Tyler Lancaster, Lancaster Organizations: Energy, Energize Venture, Residents, Labor Locations: Ukraine, Europe, Germany, Netherlands

☆ The Most Essential Worker in a Heat Wave? The A.C. Guy
▼ + stars: | 2023-07-20 | by ( Jack Healy | More About Jack Healy | ) www.nytimes.com time to read: +1 min

José Guerrero’s phone buzzes from morning to midnight with sweaty pleas for help: The air-conditioner fan just quit. As Phoenix slogs through a record 20 straight days of 110-degree or higher temperatures, Mr. Guerrero, 33, has emerged as maybe the most essential worker in a town desperate to stay cool: the A.C. repair guy. “We live in a city where you have to have it,” he said. So now, Mr. Guerrero, his two brothers and their father roll out seven days a week, heading for suffocating attics and tar-shingled rooftops across the Valley of the Sun to coax ailing air-conditioners back to life. They fix leaking refrigerant lines, replace burned-out capacitors and try to lower Phoenix’s temperature a few degrees.

Persons: José, Guerrero, ” Organizations: Phoenix Locations: Florida, California

A strike could be one of the costliest in at least a century, with the impact of a 10-day strike topping $7 billion, according to one think tank. UPS pilots, who belong to a different union, would also stop flying in solidarity with the striking workers. The Teamsters have been holding "practice pickets" in major cities around the country to keep pressure on UPS. On the other hand, UPS is the largest employer of Teamsters at a time when unions are fighting to grow. "We believe an August 1 strike at UPS remains possible but not yet probable," Susquehanna analyst Bascome Majors said in a client note.

Persons: Mike Blake, Sean O'Brien, Joe Biden, Bascome Majors, Lisa Baertlein, Priyamvada, David Shepardson, Chris Reese, Josie Kao Organizations: teamsters, UPS, REUTERS, United Parcel Service, Teamsters, International Brotherhood of Teamsters, Twitter, Reuters, Thomson Locations: L.A, Los Angeles , California, U.S, United States, Susquehanna, Los Angeles, Bengaluru, Washington

The new plant is expected to be built in Somerset, south-west England, while Jaguar Land Rover's UK factories are based near Birmingham, central England. With an initial output of 40 gigawatt hours, Britain said the factory would provide almost half of the battery production needed by 2030. The Faraday Institution has projected UK battery demand to reach over 100 GWh a year by that time. "With this strategic investment, the Tata Group further strengthens its commitment to the UK," Tata Sons Chairman N Chandrasekaran said in the statement. "Almost every car producing nation in the world (is) offering a lot of incentives in order to ensure that they preserve the integrity of their car industry," he said.

Persons: Danish Siddiqui, Rishi Sunak's, Sunak, N Chandrasekaran, Mike Hawes, Andy Palmer, Aston Martin, Jeremy Hunt, wouldn't, Alistair Smout, Sarah Young, William James, Paul Sandle, Emma Rumney Organizations: Tata Motors, REUTERS, Danish, India's Tata Group, Rover, Tata, BBC, European Union, Nissan, Rover's, Faraday, Tata Group, EV, BBC Radio, Britain, Thomson Locations: Mumbai, India, Britain, Spain, Somerset, England, Birmingham, United States, Europe, China, EU

☆ EU has to come clean on costs of green transition
▼ + stars: | 2023-07-18 | by ( Pierre Briancon | ) www.reuters.com time to read: +8 min

European Union governments have agreed on the strategy, but they tend to paper over the short-term economic costs of the green transition. French economist Jean Pisani-Ferry has compared the impact of the green transition to an economic shock equivalent to the sharp spikes in oil prices in the 1970s. But unlike previous shocks triggered by geopolitical instability or trade wars, the green transition has been initiated and managed by governments, and largely financed by them. Germany looks like the country most able to afford the green transition, but its over-emphasis on regulation on environmental matters is running into fierce opposition. On Sunday Paolo Gentiloni, the EU economy commissioner, told the Financial Times that Europe will have to fund its own industrial green transition.

Persons: Jean Pisani, won’t, Pisani, Selma Mahfouz, Paolo Gentiloni, Bruno Le Maire, Christian Lindner, Keir Starmer, –, Francesco Guerrera, Oliver Taslic Organizations: Reuters, Union, Reuters Graphics Reuters, International Energy Agency, Ferry, Social Democrats, Greens, Opposition, Financial Times, French Finance, German, Labour Party, Twitter, Southern, European Commission, Deal, Zero, Thomson Locations: Europe, France, Italy, Germany, EU, Paris, Southern Europe, Spain, Greece

☆ Viral ad makes gender statement as Matildas call for equal prizes in Women's World Cup
▼ + stars: | 2023-07-17 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +7 min

Brisbane, Australia CNN —Days out from the start of the Women’s World Cup, teams are turning up the pressure on the sport’s governing body and spectators to give women players equal pay and respect. The women players say it’s not enough. “Many football ‘fans,’ without ever having watched women’s football, have strong opinions about the level of the players,” according to according to trade journal Marketing Communication News. At the end, it’s revealed that viewers have been watching members of the women’s team. “What we need to reach equality and justice on the pitch and beyond is a gender revolution.”Sakina Karchaoui of France in action during a friendly match between Australia and Canada ahead of the FIFA Women's World Cup in Melbourne, Australia on 14 July, 2023.

Persons: it’s, Eugenie Le Sommer of France, Baptiste Fernandez, Marcel, “, Stacey Pope, Mark Avellino, …, —, Gianni Infantino, ”, Infantino Organizations: Australia CNN, Orange, French national, Zealand, FIFA, Tallaght, Communication, Football, French Women’s, Durham University, Australian, Twitter, Australia, Socceroos, ”, FIFA Women’s Locations: Brisbane, Australia, New Zealand, Norway, Eden, Qatar, Ireland, France, Tallaght, Orange, French, United Kingdom, Canada, Melbourne

☆ Why Basketball Is So Popular Off Broadway
▼ + stars: | 2023-07-17 | by ( Sopan Deb | More About Sopan Deb | ) www.nytimes.com time to read: +1 min

In Inua Ellams’s new play, “The Half-God of Rainfall,” the gods play thunderous games of basketball in the heavens. Basketball hasn’t just been on the playgrounds of New York City this summer. While basketball is not as popular as, say, American football, its cultural reach surpasses that of other American team sports because its players are among the most publicly recognizable. “Watching a basketball game is the same excitement I get from watching great theater,” said Taibi Magar, the director of “The Half-God of Rainfall.” “It’s like embodied conflict. When you’re watching Broadway, you feel just like you’re watching N.B.A.

Persons: Rajiv Joseph’s “ King James, ”, LeBron James, Basketball hasn’t, Taibi Magar, “, It’s, you’re Organizations: Forbes Locations: Arkansas, New York City

☆ Why college is getting more expensive
▼ + stars: | 2023-07-16 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

After adjusting for currency inflation, college tuition has increased 747.8% since 1963, the Education Data Initiative found. But the net price of college — that’s the amount that students and their families are actually shelling out — has been decreasing. The average student at a private four-year college paid $32,800 for tuition and room and board last year. When adjusted for inflation, the actual price paid for private college has dropped by 11% over the past five years, according to College Board data. In a 6-3 decision the Supreme Court struck down the Biden administration's student debt forgiveness program in Biden v. Nebraska.

Persons: Brian Snyder, ”, Megan Brenan, Catharine Hill, “, —, couldn’t, ’ ”, they’ve, Kevin Dietsch, Joe Biden’s, Biden Organizations: New, New York CNN, College, US News, Harvard University, Harvard, Reuters, Education Data Initiative, Georgetown University Center, Education, Gallup, Vassar College, “, ”, National Education Association, Foreign Relations, Economic, Institute, luxe, ” Colleges, American, of Trustees, NEA, College Board, U.S, Supreme, Biden, . Nebraska Locations: New York, Cambridge , Massachusetts, United States, “, Washington , DC, .

☆ Remembering the Dead
▼ + stars: | 2023-07-16 | by ( Tom Wright-Piersanti | ) www.nytimes.com time to read: +1 min

Fans of the Grateful Dead are saying goodbye to the band this weekend. The day Garcia died in 1995, the Grateful Dead guitarist Bob Weir gave a concert near Boston. One fan, Albie Cullen, recalled that the encore felt like an emotional send-off for Garcia and the band. It was another emotional send-off, but it wasn’t the end, either. During Dead & Company’s eight-year run, the band once again became a cultural touchstone.

Persons: It’s, Jerry Garcia, Marc Tracy, Garcia, Bob Weir, Albie Cullen, ” Cullen, John Mayer, Mayer Organizations: &, Citi Field Locations: Boston, New York

☆ Russia's air force 'remains largely intact,' but more jets won't fix all its problems in Ukraine, NATO commanders say
▼ + stars: | 2023-07-15 | by ( Christopher Woody | ) www.businessinsider.com time to read: +7 min

After 16 months of fighting, most of Russia's air force remains intact. And even though Russia has a vastly larger air force, other issues may keep it from operating effectively, according to two NATO air commanders. Royal Air Force Air Chief Marshal Rich Knighton at the Global Air & Space Chiefs’ Conference on July 13, 2023. Massicot and others say Russia's air force could still exploit its numerical advantage if Ukraine's air-defenses network falters, though other factors could inhibit Russian air operations going forward. "The Russians have recapitalized a fair amount of their tactical air force, and they've done a lot on the weapons front as well.

Persons: Rich Knighton, Knighton, Muhammed Enes Yildirim, James Hecker, " Hecker, Hecker, hasn't, We've, Dara Massicot, Johnny Stringer, Stringer Organizations: NATO, Service, Royal Air, Jets, Global Air & Space Chiefs, Conference, Air, British Defence Intelligence, Royal Air Force Air, Global Air & Space Chiefs ’ Conference, Space Power Association, YouTube, Ukrainian Air Force, Russian, Anadolu Agency, Getty, US Air Forces, NATO's Allied Air Command, Aircraft, Russian Ministry of Defense, Rand Corporation, British Air Locations: Russia, Ukraine, Wall, Silicon, Ukrainian, London, Donetsk, Europe, Poland, Romania, Russian, Bakhmut, Kherson, Massicot

☆ Opinion | Do We Have a Right to Beauty?
▼ + stars: | 2023-07-15 | by ( Sushma Subramanian | ) www.nytimes.com time to read: +3 min

And as I’d always expected, it was more than that; beauty itself was an investment that could lead to more success. This is what I was thinking about when a nurse in the emergency room said that in some cases, they brought in a plastic surgeon. “Brazil has the best plastic surgeons in the world.” He reassured me the scarring would be minimal. Brazil, I learned, prides itself on its huge number of skilled plastic surgeons. There’s no denial that small changes we can make to our surfaces have profound influence on our quality of life and that beauty is often a means of gaining power.

Persons: I’d, Anika, ”, Carmen Alvaro Jarrín, Jarrín Organizations: “, ” Locations: “ Brazil, Brazil

The same is true with pretty much any skilled tradesperson these days. Don’t take it personally: There are all sorts of explanations, and only some may be your fault.

☆ Canada just launched a new digital nomad program—here's what you need to know
▼ + stars: | 2023-07-14 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

If you've ever dreamed of living and working remotely in Canada, now's your chance: The Canadian government just announced a new immigration program for digital nomads. Under current Canadian immigration rules, digital nomads working for a foreign employer can stay in the country under visitor status for up to six months. The main motivation behind Canada pitching itself as a destination for digital nomads is the labor shortage it faces in "key tech occupations," Fraser adds. Canada joins a growing list of more than 30 countries that have introduced similar programs to attract digital nomads, including Spain and Portugal. If you're interested in applying for a temporary Canadian visa, you'll need a government-issued passport and proof of income.

Persons: you've, now's, we're, Sean Fraser, Fraser, Masha Sutherlin, Sutherlin Organizations: CNBC, Randstad, U.S, Canada Locations: Canada, Canadian, Randstad Canada, New York, San Francisco, Spain, Portugal, UAE, Los Angeles

☆ US producer inflation muted; labor market still tight
▼ + stars: | 2023-07-13 | by ( Lucia Mutikani | ) www.reuters.com time to read: +7 min

That was the smallest year-on-year gain since August 2020 and followed a 0.9% increase in May. CORE INFLATION SLOWINGExcluding the volatile food and energy components, the so-called core goods prices fell 0.2% last month after climbing 0.1% in May. In the 12 months through June, the core PPI advanced 2.6%. That was the smallest year-on-year gain since February 2021 and followed a 2.8% increase in May. While inflation is slowing, the labor market remains tight.

Persons: Bill Adams, Jeffrey Roach, Christopher Rupkey, Lucia Mutikani, Chizu Nomiyama, Paul Simao Organizations: PPI, Labor Department, Federal Reserve, Comerica Bank, Reuters, Financial, Services, Wholesale, Fed, Energy, LPL Financial, Treasury, CPI, Thomson Locations: WASHINGTON, U.S, Dallas, Charlotte , North Carolina, Stocks, New York

[1/5] Migrants wait to be rescued by Italian Coast Guard off the coast of Italy, April 10, 2023. The fact that Meloni, a figurehead of the new right, has not carried through on her pledges underscores how intractable the problem is. NORTH AFRICAIn the run-up to the 2022 election, Meloni said she would impose a naval blockade to prevent boats leaving north Africa. Meloni visited Tunisia twice last month, seeking progress in unblocking loans that she says are needed to avoid a financial crisis that might trigger a tsunami of departures. However, a review of migrant flows through Europe over the past decade suggests Italy might not benefit in the way Meloni hopes.

Persons: Meloni, King Canute, Giorgia Meloni, Mattia Diletti, Matteo Piantedosi, Matteo Villa, Ursula von der Leyen, Mark Rutte, ISPI's Villa, COVID, Michelangelo Agrusti, Crispian Balmer, Angelo Amante, Alex Richardson Organizations: Italian Coast Guard, REUTERS, Rome's Sapienza University . Immigration, Ministry, European, Dutch, European Commission, EU, Business, Thomson Locations: Italy, Tunisia, Libya, ROME, Europe, Lampedusa, AFRICA, Africa, North Africa, Tripoli, Brussels, Poland, Hungary, Rome

☆ India's been touted as the new China — but here are 4 key areas where the South Asian giant is still playing catch up
▼ + stars: | 2023-07-12 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

Some investors see India as the new China, but the South Asian economy still has to narrow a few gaps. These factors make it difficult for India to surpass China as the factory of the world. The country's potential appears brighter after its population surpassed China's, prompting many observers to tout the South Asian country as the next economy to watch. There's so much optimism about India that Goldman Sachs forecasts India's economy will surpass the US by 2075. Here are four ways India is still playing catch-up to its Asian rival, China.

Persons: Goldman Sachs, Pramit Chaudhuri, Chaudhuri, Narendra Modi's, hasn't, Eurasia Group's Chaudhuri, Ashutosh Sharma, Forrester Organizations: Service, Eurasia Group, Swiss, UBS, East, China, US International Trade Administration, Bank Locations: India, China, Wall, Silicon, South Asia, China's, Eurasia

☆ How 'Birkin Bandit' George Mickum Infiltrated NYC Society
▼ + stars: | 2023-07-12 | by ( Kate Taylor | Anna Silman | ) www.businessinsider.com time to read: +52 min

"He would know people's weaknesses and what they wanted and somehow always have something to offer," a former close friend said. Another close friend said Mickum once gave her a $1,000 loan "within minutes" when she needed it because of a credit-card crisis. He never "let the truth get in the way of a good story," a former close friend said. Hermès bags, like the Birkin and the Kelly, have always been symbols of unattainable luxury. There wasn't even a dust bag; Mickum claimed his mom's assistant would drop it off later.

Persons: George Mickum strode, Carlyle, Patty Hearst, He'd, Mickum, Birkin, swilling, Patty's, Gillian Hearst, Mr, George Mickum, Gillian Hearst's, George, Sally Painter, who'd, Peter Davis, Jackie O, Barbara Walters, Alessia Fendi, influencer Hannah Stella, Nick Hissom, Steve Wynn, Hearst, they'd, Prince Charles, Anna Delvey, Patty Hearst's, Rumor, he'd, wasn't, Met Breuer, Peter Poopat, George Santos, Trinity, Elisabeth Thieriot, Thieriot, Hermes, —, Painter, Paul Mickum, George Mickum III, Sally, Painter's, Poopat, PJ Pascual, Patrick McMullan, Ramona Singer, Lauren Lawrence, Lawrence, Van Cleef, Nicole Salmasi, Trudy, Mike Vitelli, Eric Schmidt, Schmidt, Eric, R, Couri Hay, They're, Astor, William Randolph Hearst, Orson Welles, Kane, Gillian's, Bill Clinton, Patty, Bernard Shaw, Gillian, Lydia —, Shaw, Maxim, Lydia, Kane we're, Christian Simonds, Pierre, Krista Corl, Dee Dee, Scott Buccheit, Naeem Delbridge, Pascual, who's, We're, buttering, Simonds, Matthew Kehoe, England, — Hearst, Delbridge, Hearst's, Mario Glen Coco, Hearsts, Astrid Stawiarz, Tiger Woods, Ernie Els, Justin Timberlake, Joe Lewis, Buccheit, Mary McCarthy, Lillian Hellman, Mickum's, Christie Grimm, Steve, Kameron Ramirez, Hissom, Ramirez, Nick, Hunt, Damien Hirst, Douglas Elliman, Harry Winston, David Fiszel, invitees, Fiszel, Darian, Winston, Martha Stewart's, Mendel minks, Vacheron Constantin, Tao, Melinda French Gates, Shawn Mendes, Bill, Hillary Clinton, Neiman Marcus, Damien Hirst's, Damien, weren't, Kelly, Alexis Clarbour, Clarbour, Paul Wharton, you've, Wharton, Sean Zanni, Michael Coste, Hannah Stella, Coste's, Stella, Scott Fitzgerald, Coste, Goodman, Courroies Birkin, didn't, Aman, Cartier, Mickum's bluster, skeptically, satchel, Clarbour's, He's, We've, Sider, Philippe, Buccheit texted Pascual, he's, Hay, Café Carlyle, Alexander Hankin, Burisma, Hunter Biden, Mickum hasn't, There's, They've, Amy X, Wang, King Charles, Tracey Amon, Amon, GEORGE MICKUM Organizations: Hearst, Blue, Potomac, Hamptons, East, Met, University of Delaware, Southampton Bathing Corporation, Fields School, Georgetown Law, DC, Town &, New York Daily News, The New York Times, Google, Carnegie, Rockefeller, Cosmopolitan, Symbionese Liberation Army, Hearst Corporation, Vogue, Society of Memorial Sloan Kettering, Stockbridge Golf, New, Tiger, Tottenham, Douglas, Martha Stewart's Hamptons, Mickum, Projects, Madison, Getty, Antibes, Nike, Rue du Faubourg Saint, Couture, US, UN, New Yorkers, Avenue Couture, Hermès, Republican, Justice Department, Blue Star, Town, New York Times Magazine Locations: Bemelmans, Clinton, York, Palm, New, London, Manhattan, Dalton, Bay, Windsor Castle, Haute, Washington , DC, New York, Baccarat, The, San Francisco, Wilton , Connecticut, Side, Wyntoon, California, Buccheit, woodsy Stockbridge , Massachusetts, Stockbridge, Bahamas, Albany, Nobu, Martha, Peking, Paris, Istanbul, St, Georgetown, China, Italy, Hermès, Amalfi Coast, du, Midtown, brunch, Rue, Central Park, Mickum, Turkey, La, Café, Ukrainian, Ukraine

☆ More tech workers in India are moonlighting — despite their bosses’ disapproval
▼ + stars: | 2023-07-12 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +8 min

There are a range of reasons that are driving IT professionals to engage in moonlighting, according to Indeed India. Abhishek Software engineerBut his bosses are not aware of his plans, nor has he told them he is moonlighting. 'The root cause is the money'There are a number of reasons driving IT professionals to engage in moonlighting, according to Indeed India. Where employers disagreeHere's where employers disagree: moonlighting goes against the sense of loyalty a company wishes to instill into employees. IT services giant Wipro for example, fired 300 employees last year for allegedly "working for rival companies," according to local reports.

Persons: Sashi Kumar, Abhishek, he's, HackerRank, —, Moonlighting, Kumar, moonlighting, Indeed's Kumar, Viswanath Organizations: CNBC, India, Wipro, Infosys — Locations: India, Bangalore, U.S

☆ Indian CEO of Dukaan replaced 90% of staff with an AI chatbot
▼ + stars: | 2023-07-12 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

The average time taken to resolve a customer’s issue also dropped by almost 98% when they interacted with the chatbot, he tweeted. Shah said the job cuts were “tough” but “necessary.”Shah told CNN Wednesday that the 23 layoffs were made in September. By introducing the technology, the company has cut the cost of its customer support function by about 85%, Shah said. Shah told CNN that he believed “in a future where AI and humans work together, each doing what they do best,” and that he was exploring opportunities to use AI in work involving graphic design, illustration and data science. AI fearsThe news of the layoffs comes as fears that AI will result in mass job losses have escalated eight months after Open AI released its AI-powered chatbot ChatGPT to the public.

Persons: Shah, ” Shah, “, Dukaan, ChatGPT Organizations: London CNN, Summit Shah, Twitter, CNN, Organisation for Economic Cooperation, Development, OECD Locations: Bangalore

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