Markets

This AI shortcut could destroy the industry’s profits

In the tech world, AI distillation began as a benign research idea. It’s now morphed into a shadow economy that threatens the business model underpinning trillions of dollars in AI investment.The technique involves training one AI model using the outputs of another. What’s allowed and what’s not is either unclear…

A Boeing 737 plane has disappeared off the coast of Pakistan

A cargo plane traveling from the UAE to Pakistan went missing on Tuesday, carrying five crew members.The plane, a Boeing 737 labeled AP-BOI, disappeared from radar off the coast of Karachi, Pakistan, about 80 minutes into its two-hour flight from Sharjah, UAE.The Pakistan Airports Authority said in a series of…

Officials warn NYC high-rise remains unstable and could collapse

A Manhattan high-rise that once served as Pfizer’s global headquarters is at risk of collapse on Tuesday after New York City officials said the tower continued to shift hours into a massive emergency response that triggered multiple evacuations.City officials warned at a Tuesday afternoon press conference that conditions at the…

Here’s what Microsoft is offering laid-off employees in severance

Microsoft is offering laid-off US employees up to 39 weeks’ base pay for most US employees, according to severance offers reviewed by Business Insider.Microsoft on Monday announced plans to lay off around 4,800 employees, or 2.1% of its global workforce, confirming Business Insider’s earlier report.The US severance package includes a…