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Texting is probably my top means of communication during daytime hours. I talk to family, friends, and coworkers mainly by text. It’s not just iMessage on the iPhone, but also a plethora of chat apps that serve the same purpose across my devices.Messaging has been my primary form of communication for years, even before the iPhone reshaped the mobile industry. And as much as I want to reduce my screen time, I don’t see things changing anytime soon. However, there is an inevitable shift to AI happening right now. After the recent ChatGPT and Gemini upgrades, I’m more convinced than…
It’s officially one of the costliest typos ever: U.K. financial regulators just fined Citigroup Global Markets Ltd. (CGML) $79 million for a “fat-finger” trade one of its employees placed by accident, which caused a minor market meltdown in 2022. Two years ago, a trader working for the Citi subsidiary over a long weekend in the U.K. went to place a routine trade, selling $58 million worth of equities for the bank’s institutional clients. But while manually entering the order, the trader accidentally typed in a whopping $444 billion sale that went unnoticed for 15 minutes, instantly costing the bank $48…
Attendees walk through an expo hall during Amazon Web Services’ Reinvent conference at the Venetian in Las Vegas on Nov. 29, 2022.Noah Berger | Getty Images Entertainment | Getty Images”It’s very early days in generative AI,” said Jassy, who succeeded Jeff Bezos as CEO in 2021. “It’s very high potential, and we’re investing quite a bit in it and expect to be a leader.”For Selipsky, who took over AWS when Jassy was promoted, the days got late quickly.In the most significant shake-up of Jassy’s tenure at the helm, Amazon announced last week that Selipsky, 57, was exiting AWS and will…
The UK will shortly get its own rulebook for Big Tech, after peers in the House of Lords agreed Thursday afternoon to pass the Digital Markets, Competition and Consumer bill (DMCC) — removing the last obstacle to the bill becoming law in the limited parliamentary time remaining for the government. The pro-competition reform, which has been on the slate for years, amps up powers available to the UK’s competition watchdog, the Competition and Markets Authority (CMA). This reform addresses concerns over tech giants like Apple and Google. As they have become more powerful, the digital markets they dominate maybe have…
After retired banker Susan Gichia and her husband bought land in Kiserian, about 25 kilometres from Nairobi, it lay idle for 10 years. “We bought the land in 2004. On our 10th anniversary, we felt challenged and decided to build, starting construction in 2014,” she says. She found the land by chance. “I love mountains and water bodies. I once came to Olepolos for nyama choma and I loved the view. I thought it would be nice to have a holiday home here. I asked around for a contact and one afternoon my friend and I got a local person…
SMARTERPAY, the independent Hull-based payment solutions provider for businesses, has announced that it has joined forces with the Regular Payments Marketing Company to assist with SmarterPay’s ambitious growth plans. Already active in the charities sector, SmarterPay believes its suite of payment solutions could help boost income generation for the third sector.For example, approximately 85 per cent of regular giving payments in the charities sector are made by Direct Debit or standing order. The number of Direct Debit payments in the sector is growing and has done so since the start of the pandemic.The partnership between SmarterPay and the Regular Payments…
Being a freelancer requires constantly drumming up work while hoping for prompt payment. Moreover, consumers who work freelance, contract or consulting rely on disbursement payments for part, if not all, of their income. Failure to receive timely payment can lead to financial strain. Instant payments can relieve this for freelancers. Freelancers are 17% more likely to select instant payments than the average consumer. Eighty-four percent report that they would choose instant payments if given the option. Because they often need access to their earnings, nearly half of freelancers are willing to pay a fee to receive their payments instantly. These…
The Pound Sterling faces selling pressure near 1.2750 on weak UK preliminary PMI data for May. A slower-than-expected decline in the UK inflation weakens the BoE rate-cut case for June. The US Dollar stays firm as the Fed emphasize wait and watch approach on interest rates. The Pound Sterling (GBP) holds strength above 1.2700 in Thursday’s London session after the release of the weak preliminary United Kingdom (UK) PMI data for May. The S&P Global/CIPS PMI report shows that the Composite PMI dropped at a faster pace to a two-month low at 52.8 from the estimates of 54.0 and the prior…
Artificial intelligence helped make turnout predictions in the Mississippi elections last year, when one group used the technology to transcribe, summarize and synthesize audio recordings of its door knockers’ interactions with voters into reports on what they were hearing in each county.Another group recently compared messages translated by humans and A.I. into six Asian languages and found them all to be similarly effective. A Democratic firm tested four versions of a voice-over ad — two spoken by humans, two by A.I. — and found that the male A.I. voice was as persuasive as its human equivalent (the female voice outperformed…
For years, Krystin Johansen-Weishiemer has had a passion for raising dogs, which she inherited from her mother, but when raising as a pup Lord Queso Von Taco, one of the many Boston Terriers she trains and raises, there was something special about him.Fast forward a few years later, Lord Queso and his owner, Ashley Peterson, 39, of The Woodlands, are finishing as a finalist in the first two inaugural Dock Diving competitions at the Westminster Dog Show back-to-back years.Overall, Lord Queso has won 20 titles in the American Kennel Club and National Association of Dog Diving during his life, Johansen-Weishiemer,…