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In a space of four years, Benjamin*, a 28-year-old digital marketer living in Lagos, Nigeria, has been laid off not once but twice by the same tech startup. When he first got hired to join the firm’s marketing wing, things were looking up career-wise.A handsome pay of around ₦500,000, high-end tools to work with, stock options and of course, the opportunity to finally contribute to a business in the tech sector —nothing less than a dream come true for someone who started out as a copywriter. Less than a year later, he was laid off as the firm downsized to…

Key takeaways The Federal Reserve’s decisions on interest rates significantly impact the economy, affecting everything from the costs consumers and businesses pay to borrow money to the job market, the stock market and inflation. Higher interest rates can make borrowing money more expensive for consumers and businesses, while also potentially making it harder to get approved for loans. On the positive side, higher interest rates can benefit savers as banks increase yields to attract more deposits. The average savings yield is now almost 10 times higher than it was when the Fed first started raising rates, and online banks often…

 Virginia Tourism Corp. released the third season of its video web series My Home Virginia, airing on the agency’s website and YouTube channel and in Virginia welcome centers. The latest episodes focus on Virginia’s role in the lives of local athletes who call Virginia home, including Jon Lugbill of Richmond nonprofit Sports Backers. The series is part of the agency’s overall marketing efforts to promote state tourism. Evergib created a website for Richmond artist and creativity consultant Noah Scalin to promote his speaking engagements. The agency is working with Karnes Coffey Design on a rebrand for Prologue, a local building documentation firm. It’s…

Self-proclaimed freelance journalist Joseph Budna is behind bars tonight after being arraigned this morning in Belmopan for his alleged role in a 2021 murder. On Friday, Budna was arrested and charged with abetment to murder for the fatal stabbing of 50-year-old Guatemalan national Armando Coy Cacao. On July 23, 2021, Cacao’s body was found on Guyana Street in Belmopan with stab wounds after being seen the night before on his bicycle while heavily intoxicated. Today, three years after the heinous crime, Budna was taken to the Belmopan Magistrate’s Court where he pleaded not guilty. Police believe Budna and a woman…

ROCHESTER, Mich. (WXYZ) — One of the world’s leaders in Artificial Intelligence, OpenAI, is launching an updated version of ChatGPT, calling it a big step forward for AI.This new update can now carry human-like conversations and can use video to tell where you are, what you’re feeling and help solve programs.ChatGPT 4o is the most recent update to OpenAI’s ChatGPT, and arguably the most advanced artificial intelligence language processing model in the world.WATCH: Livestream showcases updated version of Chat GPT that can carry human-like conversations WATCH: Livestream showcases updated version of Chat GPT that can carry human-like conversations The AI…

Investing.com– Most Asian stocks fell on Tuesday, reversing a rebound from the prior session as sentiment remained on edge before interest rate decisions from the Bank of Japan and the Federal Reserve in the coming days.  Chinese markets continued to lag their peers, with local benchmarks hitting six-month lows as concerns over a slowing economic recovery showed few signs of easing.  Regional markets took middling cues from Wall Street, which ended flat on Monday as caution over the central bank meetings kept investors from making big bets.  U.S. stock index futures fell in Asian trade ahead of Wednesday’s , while…

Apple has released the second public beta of iOS and iPadOS 18, bringing a fresh wave of features and refinements to eager testers. This release closely mirrors the changes introduced in the developer beta 4, which debuted last week. “To install the iOS and iPadOS 18 public beta, you need to first be enrolled in the public beta program. If you’ve never enrolled before, instructions are available here,” Apple explained in its release notes. “If you’re already running the first iOS 18 public beta, you can find beta 2 and download it by visiting Settings ⇾ General ⇾ Software Update…

UT’s Texas-Soton team is among 29 groups that qualified for the XPRIZE Wildfire Autonomous Wildfire Response competition, according to a July 15 press release. The four-year competition, with a prize of up to $11 million, aims to develop new technologies to combat wildfires.  The team was formed in October 2023 and includes researchers from UT’s Jackson School of Geosciences and Cockrell School of Engineering, the University of Southampton, the University of Edinburgh, Delft University of Technology and the Texas A&M Forest Service.  “Some folks in our development office at UT reached out to me, as I have a couple of…

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