Author: News Room

Jamie Dimon says he understands anti-rich anger over wealth inequality

JPMorgan Chase Chairman and CEO Jamie Dimon is validating the growing frustration of working-class Americans, admitting in a recent interview that he completely understands why many have grown “anti-rich.” The Wall Street billionaire argued that decades of ineffective public policies have left lower-income families behind in struggling rural areas and…

AI Helps Decide Who Gets Hired. Is It Also Choosing Who Gets Fired?

A Lawsuit Alleges AI-Driven Layoffs A lawsuit lodged against Meta Platforms accuses the technology giant of using AI-powered software to target people with disabilities or employees on medical leave for layoffs. Legal experts say the legal action – likely the first of its kind against a major U.S. company –…

How a glove factory in Pakistan keeps up with World Cup demand

Matrix Sports manufactures nearly half a million goalkeeper gloves each year. From cutting and stitching to custom fitting, the production process is designed to meet the standards of one of football’s most physically demanding positions.Read the original article on Business Insider Read the full article here

This startup is betting job seekers will pay to land a job

Hansheng Liu’s first attempt to find a job through the startup Refer didn’t work out.It was this past fall, and the recent computer science grad from the University of Illinois said he hadn’t done enough to beef up his résumé. Liu then spent part of the winter building a website…

Inside Anthropic’s state-by-state plan to ratchet up AI rules

Artificial intelligence giant Anthropic is pursuing a strategy of one-upmanship that encourages states to impose increasingly tougher AI guardrails, rather than align around a single set of regulations.The approach stands in stark contrast to the one favored by the company’s archrival, OpenAI, which has pushed state lawmakers toward common ground…