Author: Press Room

Google published details about one of its artificial intelligence supercomputers on Wednesday, saying it is faster and more efficient than competing Nvidia systems, as power-hungry machine learning models continue to be the hottest part of the tech industry.While Nvidia dominates the market for AI model training and deployment, with over 90%, Google has been designing and deploying AI chips called Tensor Processing Units, or TPUs, since 2016.Google is a major AI pioneer, and its employees have developed some of the most important advancements in the field over the last decade. But some believe it has fallen behind in terms of…

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The BBC is seeking a swift resolution after Twitter branded it as “government funded media.” Britain’s national broadcaster is predominantly funded by UK households via a license fee, which is also required to watch non-BBC channels or live services. This is supplemented by income from commercial operations. The @BBC account – which has 2.2 million followers – is currently branded as government funded. The label has not been given to the BBC’s other accounts, including BBC News (World) and BBC Breaking News. Twitter has not given a definition for what it considers “government funded media” to constitute. In a statement…

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The blockchain ecosystem is disrupting a lot of industries. The nascent technology has so far enabled more enhanced financial recording systems and how transactions are executed.The blockchain space has also touched on healthcare, gaming, entertainment, and music.Not to be left out, the freelance industry is experiencing a wave of decentralized collaborative solutions via DeeLance.Currently, in its presale stage, DeeLance is a Web3 space for recruitment.The innovative platform enables freelancers and employers to hire and create value for a fraction of the cost when using traditional freelancing platforms.Given the growing interest in remote and independent job roles, DeeLance might become the front-runner…

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Halfway there! Dan DeFrancesco in NYC, and I’m amazed the Italian government wants to pass a law allowing them to fine people for mispronouncing words like “bruschetta.” Mamma mia! Just wait until they hear how people over here say “mozzarella.” I still need questions for the upcoming reader mailbag. Drop any Wall Street (or non-Wall Street) questions you have for me here. (No email needed!) One caveat: Please no personal finance questions. I’m not a financial advisor. Today, we’ve got stories on Jamie Dimon’s annual shareholder letter, why parking lots ruined the economy, and what you should buy next time you’re at Trader…

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Twitter added a “US state-affiliated media” label to NPR’s account on Tuesday. The description is usually reserved for outlets like Russia Today and Xinhua in China. NPR reported Thursday that Elon Musk told the outlet the tag might be an error after learning more about the outlet. 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 Twitter CEO Elon Musk said the company may have made an error in adding a “US state-affiliated media” label on NPR’s Twitter account, a description usually reserved for accounts…

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Co-produced with PendragonY When you have a diversified portfolio, not every position will experience good times at the same time. That also means that not every position will be experiencing bad times at the same time. A well-diversified portfolio means that your portfolio will always have relative outperformers and underperformers at any given time. Last year was a very tough year for fixed income, and so far, this year hasn’t been much better. Many fixed-income funds experienced distribution cuts, including one we hold, Flaherty & Crumrine’s Dynamic Preferred & Income Fund (NYSE:DFP). With dozens of dividend hikes last year, why…

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The writer is emeritus professor of international studies at Simon Fraser UniversityMichael Lipton, who has died aged 86, was an economist who dedicated his career to understanding and solving the problem of poverty in low-income countries. For him, this very often meant the development of small-scale, peasant farming.Lipton was committed to rigorous empirical investigation, and was unusual among economists of his generation in having undertaken field research in a village in western India for eight months. His great contribution to his discipline was recognised in 2012, when he was awarded the Leontief Prize for Advancing the Frontiers of Economic Thought.…

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