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Monthly Archives: June 2023

Yevgeny Prigozhin’s future — What could be next for Russia’s mutinous mercenary chief

Founder of Wagner private mercenary group Yevgeny Prigozhin leaves a cemetery before the funeral of Russian military blogger Maxim Fomin widely known by the name of Vladlen Tatarsky, who was recently killed in a bomb attack in a St Petersburg cafe, in Moscow, Russia, April 8, 2023. Yulia Morozova | …

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Belarus’ Lukashenko says he convinced Putin not to eliminate Prigozhin

Belarussian President Alexander Lukashenko talks during the 2nd Eurasian Economic Forum, on May 24, 2023 in Moscow, Russia. Contributor | Getty Images News | Getty Images Belarusian President Alexander Lukashenko signaled he deterred his Russian counterpart and long-time ally Vladimir Putin from eliminating failed insurrectionist and Russian paramilitary leader Yevgeny …

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ECB chief economist warns markets against pricing in rate cuts within the next two years

Philip Lane, chief economist of the European Central Bank. Bloomberg | Bloomberg | Getty Images European Central Bank Chief Economist Philip Lane on Tuesday warned markets against pricing in cuts to interest rates within the next two years. Earlier this month, the ECB hiked its main rate by 25 basis …

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Chinese A.I. stocks fall as U.S. reportedly weighs curbs on chip exports

A Nvidia Corp. HGX H100 artificial intelligence supercomputing graphics processing unit (GPU) at the showroom of the company’s offices in Taipei, Taiwan, on Friday, June 2, 2023. I-Hwa Cheng | Bloomberg | Getty Images China’s artificial intelligence stocks fell Wednesday after the Wall Street Journal reported that the U.S. is …

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Google has had productive talks with EU on AI Act, cloud boss says

Thomas Kurian, CEO of Google Cloud, speaks at a cloud computing conference held by the company in 2019. Michael Short | Bloomberg | Getty Images LONDON — Google is having productive early conversations with regulators in the European Union about the bloc’s groundbreaking artificial intelligence regulations and how it and …

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Employees are now ‘loud quitting.’ Here’s why it’s worse than ‘quiet quitting’

“Quiet quitting” made waves last year as employees started prioritizing boundaries by not taking on additional work or going above and beyond at their jobs.  While quiet quitting is often regarded as a personal rejection of the hustle culture, some workers are no longer keeping discontentment on the down-low — …

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A.I. is not all hype, it’s the fourth industrial revolution: Dan Ives

Generative artificial intelligence is all the rage now but the A.I. boom is not just all hype, said Dan Ives from Wedbush Securities, who calls it the “fourth industrial revolution playing out.” “This is something I call a 1995 moment, parallel with the internet. I do not believe that this is …

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Google cuts jobs at Waze as it continues to merge mapping products

Google Maps’ Go tab. Todd Haselton | CNBC Google is cutting jobs at its Waze mapping service as it merges the unit with its own map products. In an email to employees on Tuesday, Chris Phillips, who oversees Google’s maps division called Geo, said the company is shifting its Waze …

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Feds give green light to NYC congestion pricing plan for next year

Pedestrians cross a street past traffic in the Midtown neighborhood of New York, US, on Saturday, June 17, 2023. New York City’s congestion pricing plan for the central business district is expected to get final approval this month. Bloomberg | Bloomberg | Getty Images After New York City was cleared …

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Regeneron shares fall after FDA rejects eye disease treatment

A view of the Regeneron Pharmaceuticals headquarters in Tarrytown, New York. Lev Radin | LightRocket | Getty Images Shares of Regeneron fell nearly 9% Tuesday after the U.S. Food and Drug Administration declined to approve a higher-dose version of the company’s blockbuster eye disease treatment. The company was seeking approval …

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