Financial services are failing to successfully implement artificial intelligence, European fintech executives claim, even as evidence mounts that the hyped technology will increase productivity and reduce costs. Fear of job losses, regulatory concerns and institutional inertia are some of the factors preventing bankers from fully embracing the systems underlying products like ChatGPT. “The big banks … Read more
By Emily Joshu Health Reporter for Dailymail.Com 21:42 28 June 2024, updated 21:54 28 June 2024 Just a few months ago, Khloe Garcia was running, jumping, and playing like any other toddler. Now, at age six, she now relies on a walker and thick glasses to get around and see. Her teachers think it will … Read more
AIRLINES such as Ryanair and Wizz Air have been forced to cancel flights due to a number of air traffic control problems. Ryanair confirmed that more than 60 flights have been canceled and a further 150 delayed due to ATC issues. 2 Dozens of flights have been cancelled due to air traffic control shortagesSource: Getty … Read more
Apple’s online store was down this morning in Germany, France, Australia, the United Kingdom, and Canada as the company prepared to accept pre-orders for the Apple Vision Pro in those five regions. Pre-orders begin at 5 a.m. Pacific Time, or the following local times. The starting prices in local currency below are for the 256GB … Read more
Around 2,800 jobs will be lost despite £500 million in government support. By means of Sarah Taaffe-Maguire, business reporter @taaffems Thursday June 27, 2024 10:11 PM, UK Multinational conglomerate Tata is set to close its Port Talbot steelworks earlier than initially announced due to strike plans. The company has said it will bring the final … Read more
Image source, Owen Midwinter Image caption, Owen and his girlfriend Cori are just some of the thousands affected by the decision to close blast furnaces at Port Talbot Steelworks Item information Author, Paul Heaney Role, BBC Wales investigates June 25, 2024 Updated June 26, 2024 Owen Midwinter thought he had a ‘job for life’ when … Read more
Nvidia has quickly lost about $500 billion in market capitalization over concerns that the GPU maker may have become overvalued or that the AI market powered by its chips is a bubble about to burst. The California-based company overtook Microsoft last week to become the world’s most valuable company with a market capitalization of $3.335 … Read more
NASA has postponed the return of two astronauts from the International Space Station (ISS) for the third time amid concerns the crew could be ‘stranded’. Butch Wilmore and Suni Williams were initially scheduled for a nine-day stay, which was postponed twice this month and is now at an undetermined date. The extended stay is intended … Read more
Gold reverses gains after hitting a daily high of $2,368, down more than 1.70%. Strong US S&P Global PMI data boosts the US dollar, with the DXY up 0.14% to 105.80. Mixed US economic data keeps speculation alive about Fed rate cuts. The gold price reversed course on Friday and fell more than 1.70%. Economic … Read more
At least 86 people are now hospitalized due to an E. coli outbreak linked to lettuce, health officials said. Data from the UK Health Security Agency shows that there had been a further 45 cases of infection on Tuesday this week, bringing the number of confirmed victims in the UK to 256. All those affected … Read more