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magazine

Economy

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Jeff Bezos asserts that AI will generate more employment opportunities for humans rather than displacing them
19 Jun
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Jeff Bezos asserts that AI will generate more employment opportunities for humans rather than displacing them

Amazon founder Jeff Bezos states that AI will lead to a labor
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UK inflation holds steady at a 13-month low as the Bank of England prepares for its upcoming rate decision
18 Jun
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UK inflation holds steady at a 13-month low as the Bank of England prepares for its upcoming rate decision

In May, UK inflation remained steady at 2.8%, surprising economists and shaping
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G7 supports Ukraine and has agreed on new sanctions against Russia while leaders advocate for peace initiatives
18 Jun
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G7 supports Ukraine and has agreed on new sanctions against Russia while leaders advocate for peace initiatives

G7 leaders have reiterated their commitment to supporting Ukraine, endorsed stricter sanctions
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New studies show that Brexit will slow down economic growth in the UK
18 Jun
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New studies show that Brexit will slow down economic growth in the UK

Recent research indicates that Brexit is associated with slower economic growth in
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Meta adds an AI mode and new Facebook tools to improve search, creativity, and photo editing for everyone
17 Jun
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Meta adds an AI mode and new Facebook tools to improve search, creativity, and photo editing for everyone

Meta has added an AI mode and editing tools to Facebook to
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Fox will buy Roku for $22 billion in a streaming deal
17 Jun
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Fox will buy Roku for $22 billion in a streaming deal

Fox Corp agrees to pay $22 billion to buy Roku. The company
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Oil prices drop after a deal between the US and Iran that opens the Strait of Hormuz
16 Jun
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Oil prices drop after a deal between the US and Iran that opens the Strait of Hormuz

Brent crude and US oil prices have fallen sharply as the US-Iran
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Exclusive: Tesla provided deceptive safety data regarding its ‘Full Self-Driving’ system to European regulators
16 Jun
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Exclusive: Tesla provided deceptive safety data regarding its ‘Full Self-Driving’ system to European regulators

In its pursuit of European approval for its “Full Self-Driving” (FSD) system,
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China promotes Xi’s development philosophy as a distinct approach to modernization
15 Jun
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China promotes Xi’s development philosophy as a distinct approach to modernization

China advocates for Xi Jinping’s governance model, asserting that it provides valuable
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Amazon expressed apprehensions regarding Anthropic AI models prior to the US crackdown, according to a source
15 Jun
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Amazon expressed apprehensions regarding Anthropic AI models prior to the US crackdown, according to a source

Amazon CEO Andy Jassy was among tech leaders who expressed concerns to
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