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US stocks slide as tech jitters return
Stay informed with free updatesSimply sign up to the US equities myFT Digest -- delivered directly to your inbox.US stocks slid on Thursday as weak private-sector jobs data prompted a new bout of volatility on Wall Street after a...
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Why this company says the state of AI security is ‘grim’ | Fortune
Welcome to Eye on AI, with AI reporter Sharon Goldman. In this edition…Mark Zuckerberg and Priscilla Chan have restructured their philanthropy to focus on AI and science…Apple is reportedly finalizing a deal to pay Google about $1 billion per...
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Chatbots don’t judge! Customers prefer robots over humans when it comes to those ’um, you know’ purchases
When it comes to inquiring about – ahem – certain products, shoppers prefer the inhuman touch.That is what we found in a study of consumer habits when it comes to products that traditionally have...
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The unraveling of workplace protections for delivery drivers: A tale of 2 workplace models
American households have become dependent on Amazon.The numbers say it all: In 2024, 83% of U.S. households received deliveries from Amazon, representing over 1 million packages delivered each day and 9 billion individual items delivered...
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Wall Street can’t decide whether the job market is showing a ‘rebound’ or declining to ‘stall speed’ | Fortune
S&P 500 futures were flat this morning after the index closed up 0.37% yesterday. The Asian markets were up across the board today, but Europe’s STOXX 600 marginally declined in early trading. The mixed picture mirrors an argument on...
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Robinhood is pulling in big money on prediction markets—but doesn’t want one of its own | Fortune
Prediction markets, which allow users to bet in real time on everything from elections to the Super Bowl, are suddenly big business and growing fast. Robinhood underscored that during the company’s Q3 earnings announcement on Wednesday afternoon, stating that...
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WeRide’s CEO pitches robotaxis as a solution to aging populations and long commutes, as the firm raises more money for R&D with a HK...
Shares of WeRide start trading on Hong Kong’s stock exchange today, just over a year after the robotaxi firm forayed into U.S. markets with a Nasdaq listing. For CEO and founder Tony Han, the offering is part of a...
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Zohran Mamdani’s signature housing policy is widely loathed by economists. Here’s why | Fortune
New York City Mayor-elect Zohran Mamdani swept to victory Tuesday evening on a platform of affordability, anchored by a plan to freeze rents across nearly 2 million rent-stabilized apartments. But economists, universally, hate rent control. In a 2012 poll of...
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First Brands founder accused of looting company | Fortune
At first, the sales invoice said $179.84. Later, the bill said $9,271.25 – 50 times more.It was one more trick in a series of alleged ruses – from fudged numbers and questionable collateral, to off-balance-sheet financing and a company...
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Customers can become more loyal if their banks solve fraud cases, researchers find
When banks issue their defrauded customers refunds and successfully identify the perpetrators, fraud victims are 60% more likely to stick with their bank than customers that didn’t experience any fraud.But if customers get their stolen...
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Record settler attacks in West Bank opening up rifts within Israel
Lucy WilliamsonMiddle East correspondent, West BankZAIN JAAFAR/AFP via Getty ImagesMany local councils provide backing and support to outposts, but...