Taxpayer to fork out £85bn to cover Bank of England losses The boss of HSBC has announced he is unexpectedly retiring after five years in the job. Noel Quinn will remain in place until the bank finds a successor, with Europe’s largest bank considering ... 04/30/2024 - 6:59 am | View Link
Germany propels eurozone growth to 0.3% The French economy expanded slightly faster than expected in the first quarter on a rebound in domestic consumption and investment, setting the stage for the wider eurozone to tentatively emerge from ... 04/30/2024 - 3:51 am | View Link
Eurozone escapes recession; UK mortgage approvals hit 18-month high – as it happened Fastest growth in 18 months as GDP expands by better-than-expected 0.3% in Q1 2024, after two quarters of contraction ... 04/30/2024 - 3:08 am | View Link
FTSE 100: Wall Street and Europe falls as inflation fears offset eurozone growth Analysts are predicting that eurozone gross domestic product (GDP) will come in at a growth of 0.1% in the January to March quarter, pulling the region out of a shallow recession. It contracted by 0.1 ... 04/30/2024 - 12:49 am | View Link
FTSE 100 LIVE: FTSE 100 rises as Eurozone escapes recession and inflation holds steady The FTSE 100 (^FTSE) pushed higher against its European peers on Tuesday as traders digested new growth figures and inflation data for the eurozone. It managed to escape recession, beating growth ... 04/29/2024 - 10:22 pm | View Link
With summer movie season upon us, theaters are looking to draw crowds with a new interactive lobby attraction.
A long line to get into the theater is fairly standard for a hot movie in its opening weekend. A long line just to engage with a film’s lobby display, however, is not standard at all.
The housing market saw a 30% increase in active inventory in April, but that’s still 35% below pre-pandemic levels.
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In the past few days, you may have noticed something new inside Meta’s apps, including Instagram, Messenger and WhatsApp: an artificially intelligent chatbot.
Within those apps, you can chat with Meta AI and type in questions and requests like “What’s the weather this week in New York?” or “Write a poem about two dogs living in San Francisco.” The assistant will come up with responses immediately, such as “The corgi was short, with a butt so wide, the lab was tall, with a tongue that would glide.” You can also instruct Meta AI to produce pictures — like an illustration of a family watching fireworks.
This is Meta’s response to OpenAI’s ChatGPT, the chatbot that upended the tech industry in 2022, and similar bots including Google’s Gemini and Microsoft’s Bing AI.
Builders are finally making a dent in the state’s housing shortfall, especially for apartments. But home prices and mortgage rates continue to outpace income gains, and affordability is worsening rather than improving.
“The story with interest rates is that they are only exacerbating the problem,” said Steven Byers, chief economist with the Common Sense Institute in Denver.
RIYADH, Saudi Arabia — On a Monday morning last month, tech executives, engineers and sales representatives from Amazon, Google, TikTok and other companies endured a three-hour traffic jam as their cars crawled toward a mammoth conference at an event space in the desert, 50 miles outside Riyadh, Saudi Arabia.
The lure: billions of dollars in Saudi money as the kingdom seeks to build a tech industry to complement its oil dominance.
To bypass the congestion, frustrated eventgoers drove onto the highway shoulder, kicking up plumes of desert sand as they sped past those following traffic rules.
A high school athletic director in Maryland has been accused of using artificial intelligence to impersonate a principal on an audio recording that included racist and antisemitic comments, authorities said last month.
Authorities said the case appears to be among the first of its kind in the country and called for new laws to guard against the technology.