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Thailand’s economy is slowing, and it could mean trouble

Residents rest in front of a fan in Bangkok, April 25, 2023. Andre Malerba | Bloomberg | Getty Images Thailand’s economy grew at its slowest pace in almost a year in the third quarter, and analysts say the trend is here to stay. Thailand’s gross domestic product grew 1.5% year-on-year for …

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Chinese property developer Sunac says it’s met restructuring conditions

A booth of Sunac China is seen at a housing fair in China, May 16, 2014. Developer Sunac China missed the deadline for coupon payments on a $742 million offshore bond and said on Thursday it doesn’t expect to make payments coming due on other bonds, adding to a wave …

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Barry Silbert sells CoinDesk to ex-NYSE president

Barry Silbert, Founder and CEO, Digital Currency Group  David A. Grogan | CNBC After months on the market, crypto news site CoinDesk has finally been acquired by a business that’s run by the former president of the New York Stock Exchange. Bullish, a digital asset exchange led by ex-NYSE chief …

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Indian travelers are spending big but only 1% are going overseas

The world famous Gateway of India monument in Mumbai, India was built during the 20th century to commemorate the visit of king George V and Queen Mary. It is located on the waterfront of the Apollo Bunder area of south Mumbai and is the city’s top tourist attraction. Darren Robb …

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Leadership expert on Sam Altman and delusional overconfident CEOs

Just about every highly successful person has confidence. Some, like ex-OpenAI CEO Sam Altman, believe in taking it to an extreme — and that’s when they turn from inspiring to frightening, says a leadership expert. “Organizations should be very frightened of having CEOs who are delusionally overconfident,” Don Moore, a …

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Microsoft CEO Satya Nadella says OpenAI governance needs to change

Microsoft CEO Satya Nadella told CNBC’s Jon Fortt on Monday that the governance structure of OpenAI needs to change, three days after the sudden firing CEO Sam Altman. “At this point, I think it’s very clear that something has to change around the governance,” Nadella said. He added that Microsoft …

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Successful people have lots of ‘productive paranoia’

No matter who you are, you’re going to face some kind of obstacles in your life. Highly successful people overcome them by having “prodigious amounts of productive paranoia,” according to multi-time bestselling author and leadership expert Jim Collins. That means thinking about every possible outcome of every decision you make, …

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X, Snap and Discord subpoenaed by lawmakers about child exploitation

Linda Yaccarino, CEO, X/Twitter speaks onstage during Vox Media’s 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California.  Jerod Harris | Getty Images Entertainment | Getty Images Lawmakers said Monday that they have issued subpoenas to the CEOs of X, Snap and Discord …

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Tech experts react to a chaotic weekend for OpenAI and Microsoft

OpenAI CEO, Sam Altman & and Microsoft CEO, Satya Nadella. Hayden Field | CNBC The past few days have been chaotic for the AI industry, with technology experts weighing what this could mean for the nascent sector and some of its key players. OpenAI, the company behind ChatGPT which launched …

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Yemen’s Houthi militants seize cargo ship in the Red Sea

Adnan Amin / 500Px | 500Px | Getty Images Yemen’s Iran-backed Houthi militants have captured what they called an Israeli ship in the Red Sea and taken it to the Yemeni coast, calling all Israeli vessels a “legitimate target.” “The Yemeni armed forces reiterate their warning to all ships belonging …

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