Finance
By Renju Jose SYDNEY (Reuters) – Australia’s centre-left government on Thursday introduced a bill in parliament that aims to ban social media for children under 16 and proposed fines of up to A$49.5 million ($32 million) for social media platforms for systemic breaches. Australia plans to trial an age-verification system…
Cher is dating Alexander Edwards, a music executive and producer.Edwards has worked with Def Jam and Sony Music. He co-produced a song for Cher’s 2023 holiday album.He has a 5-year-old son named Slash, who’s mentioned in a footnote in Cher’s new memoir.After six decades of iconic hits and tumultuous relationships,…
By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -Former billionaire investor Sung Kook “Bill” Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10 billion. Hwang was sentenced by U.S. District Judge Alvin Hellerstein…
OpenAI is one of the most valuable startups in the world, worth around $157 billion.Its CEO, however, was paid a relatively modest five figures at OpenAI in 2023, filings show.Altman’s net worth is estimated to be at least $2 billion.OpenAI CEO Sam Altman was paid $76,001 in compensation in 2023…
By Abhirup Roy SAN FRANCISCO (Reuters) – Hyundai Motor (OTC:) unveiled its first three-row electric SUV on Wednesday, pushing into a market for big family cars that global automakers hope will one day be a profit powerhouse. Hyundai’s IONIQ 9 will roll out in the United States and Korea early…
Microsoft released tools to address security issues with its AI assistant Copilot.Copilot’s indexing of internal data led to oversharing of sensitive company information.Some corporate customers delayed Copilot deployment due to security and oversharing concerns.You know when a colleague overshares at work? It’s awkward at best.Microsoft’s Copilot has been doing an…
Comcast is looking to separate from most of its cable networks.However, the media titan is keeping Bravo, which makes popular reality-TV shows.Here’s why holding onto Bravo makes sense, even though the spinoff might not work.Comcast wasn’t bluffing about unloading its steadily declining cable TV networks.The cable giant is officially planning…
Investing.com– U.S. stock index futures moved little in evening deals on Wednesday as markets digested a mixed showing from artificial intelligence major Nvidia, which clocked strong earnings but presented an outlook that just scraped past estimates. Futures moved little after a muted session on Wall Street, as anticipation of NVIDIA…
Selena Gomez said she has a “tactic” for getting into auditions if casting directors don’t think she’s a fit.The actor told THR that she doesn’t tell them in advance that she’s auditioning.Gomez said this has been “the biggest challenge that I’ve faced as an actor.”Selena Gomez has been acting since…
By Max A. Cherney, Arsheeya Bajwa (Reuters) -Nvidia forecast fourth-quarter revenue slightly above estimates on Wednesday, but still failed to meet lofty expectations of some investors who have made it the world’s most valuable firm. Shares of the Santa Clara, California-based company fell roughly 1% in extended trading.They had closed…
