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China’s livestream shopping booms, fueling new tech like avatars and AI

HAIAN, CHINA – NOVEMBER 7, 2023 – A crab farmer sells crabs via a live webcast at Xinhai village in Haian city, Jiangsu province, China, Nov 7, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — Livestream shopping is taking off in China, driving …

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UPenn President Liz Magill, board chair both resign following backlash over congressional antisemitism testimony

University of Pennsylvania President Liz Magill testifies before a House Education and the Workforce Committee hearing titled “Holding Campus Leaders Accountable and Confronting Antisemitism” on Capitol Hill in Washington, U.S., on Dec. 5, 2023. Ken Cedeno | Reuters University of Pennsylvania President Liz Magill has resigned after receiving criticism for …

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Tech experts say AI won’t replace humans any time soon

In just one year, artificial intelligence has gone from being the stuff of science fiction movies to being used as a tool to help us polish our resumes and plan European getaways. Given the rapid development of AI models such as OpenAI’s ChatGPT and Google’s newly released Gemini, some may …

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25-year-old Londoner with 8 weeks PTO on approach to her job

The holiday season can come with a heavy dose of stress in the workplace. A majority, 61%, of people say they’re negatively affected during the holidays: 44% say they’re more stressed than usual, and 17% report a decline in their overall wellbeing, according to a Monster survey of 612 U.S. …

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EU agrees to landmark rules governing AI after ChatGPT takes off

A photo taken on November 23, 2023 shows the logo of the ChatGPT application developed by US artificial intelligence research organization OpenAI on a smartphone screen (left) and the letters AI on a laptop screen in Frankfurt am Main, western Germany. Kirill Kudryavtsev | Afp | Getty Images The European …

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Musk’s Scandinavian woes deepen as Tesla loses Swedish court case

C.E.O. of Tesla, Chief Engineer of SpaceX and C.T.O. of X Elon Musk takes the stage during the New York Times annual DealBook summit on November 29, 2023 in New York City.  Michael M. Santiago | Getty Images Tesla‘s troubles with labor unions in Scandinavia deepened on Thursday, as it …

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U.S. payrolls rose 199,000 unemployment rate falls to 3.7%

Job creation showed little signs of a letup in November, as payrolls grew even faster than expected and the unemployment rate fell despite signs of a weakening economy. Nonfarm payrolls rose by a seasonally adjusted 199,000 for the month, slightly better than the 190,000 Dow Jones estimate and ahead of …

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‘Excess profits’ of big firms have driven up inflation, report claims

LONDON — Major companies in the energy and food sectors amplified inflation in 2022 by passing on greater cost increases than needed to protect margins, according to a new report. British think tanks the Institute For Public Policy Research and Common Wealth said in a report Thursday that big firms …

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17LIVE goes public via Singapore’s first SPAC merger

A live-streamer at a 17LIVE event. 17LIVE In a first for Singapore, shares of 17LIVE began trading Friday following the Asian livestreaming company’s merger with a special-purpose acquisition company. Shares of 17LIVE fell 2.06% to 3.80 Singapore dollars ($2.84) after opening at SG$4. This was Singapore’s first listing via a …

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Australia oil and gas producers Woodside and Santos in merger talks

Bloomberg/Contributor | Bloomberg | Getty Images Shares of Australia’s Santos jumped to a five-week high on Friday, on news it’s in talks to merge with Woodside Energy. Santos and Woodside Energy, two of Australia’s largest oil and gas producers, have opened talks to discuss a potential merger in what could …

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