Author: Press Room
San Francisco Supervisor Aaron Peskin tells CNBC that an arrest has been made in the April 4 fatal stabbing of Cash App founder Bob Lee.Earlier on Thursday, local San Francisco news outlet Mission Local reported that police went to Emeryville, California, with a warrant to arrest a suspect in the case. Both Mission Local and the San Francisco Chronicle have named Nima Momeni as the suspect. He is a tech entrepreneur in the Bay Area, according to his LinkedIn profile and reports.Jail records say that the 38-year-old Momeni was booked on suspicion of murder at 9:19 a.m. on Thursday. According…
Amazon wants investors to know it won’t be left behind in the latest Big Tech arms race over artificial intelligence. In a letter to shareholders Thursday, Amazon (AMZN) CEO Andy Jassy said the company is “investing heavily” in large language models (LLMs) and generative AI, the same technology that underpins ChatGPT and other similar AI chatbots. “We have been working on our own LLMs for a while now, believe it will transform and improve virtually every customer experience, and will continue to invest substantially in these models across all of our consumer, seller, brand, and creator experiences,” Jassy wrote in…
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Introducing RobotEra, a revolutionary virtual reality platform that enables users to create engaging metaverse experiences. This metaverse project combines non-fungible tokens (NFTs) with futuristic virtual and augmented reality to enable players to build their environments, interact with others, and earn rewards.The in-world economy is governed by the $TARO token, which has garnered over $1 million in a short period through its presale.A New World at Your FingertipsRobotEra is a new project in the metaverse and web3 gaming space that has piqued the interest of investors and gamers alike.The story of RobotEra begins with Taro’s restoration, which was destroyed during a conflict…
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Stratyfy uses AI to help lenders extend more credit to underbanked communities. The startup raised $10 million on March 29 from Truist Ventures, Zeal Capital Partners, and others. Here’s the 13-page pitch deck Stratyfy used to raise its so-called “institutional seed.” Laura Kornhauser, a former executive director at JPMorgan Chase, was surprised when she received her adverse action notice informing her she had been denied credit. Kornhauser had been invited to apply for credit multiple times while completing her MBA at Columbia Business School in the fall of 2016. But because she was a full-time student, she didn’t have a lot…
Baby boomers and Gen Z kids are divided on what age adults should start paying their own bills. 68% of US parents are sacrificing savings to financially support their adult kids, Bankrate found. Financial support can delay parents from retiring, repaying their debts, and reaching their goals Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Baby boomers and Gen Z are at odds when it comes to the age of financial independence, a recent study found.Personal finance site Bankrate commissioned YouGov to survey 2,346…
The Biden administration has asked the US Supreme Court to intervene and allow abortion pills to remain available while litigation challenging their regulatory approval proceeds. Merrick Garland, US attorney-general, said on Thursday that the government strongly disagreed with a late-night ruling on Wednesday from the US Court of Appeals for the Fifth Circuit that preserved access to pills containing the drug mifepristone while temporarily imposing some restrictions on them. “We will be seeking emergency relief from the Supreme Court to defend the FDA’s scientific judgment and protect Americans’ access to safe and effective reproductive care,” Garland said in a statement.…
Hundreds of thousands of recipients of the Deferred Action for Childhood Arrivals program will for the first time soon be eligible for affordable health care coverage after President Joe Biden announced a plan Thursday to expand access to Medicaid and the Affordable Care Act insurance marketplace. “We need to give Dreamers the opportunities and support they deserve,” Biden said in a video posted online. “Today, my administration is announcing our plan to expand health coverage for DACA recipients by allowing them to enroll in a plan through the Affordable Care Act or through Medicaid.” The Department of Health and Human…
Shares of Netflix Inc. NFLX shed 2.12% to $331.03 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.41% to 4,091.95 and Dow Jones Industrial Average DJIA falling 0.11% to 33,646.50. This was the stock’s sixth consecutive day of losses. Netflix Inc. closed $48.40 short of its 52-week high ($379.43), which the company achieved on February 3rd. The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple… Read the full article here
