Bloomberg via Yahho News: “Justice Samuel Alito is the only US Supreme Court member with a stake in more than two dozen individual companies, a distinction that threatens to sideline him from major business cases. Alito or his wife own tens of thousands of dollars of stock in companies including Raytheon Co., ConocoPhillips and a… Continue Reading
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Category Archives: Financial System
Executive Excess 2024
Institute for Policy Studies – The “Low Wage 100” corporations are enriching CEOs at the expense of workers and long-term investment. Introduction Key findings Recommendations Social Toolkit Download full report At a time of intense political divisions, Americans across the political spectrum share enormous common ground on at least one problem facing our nation: the… Continue Reading
In Tied Presidential Race, Harris and Trump Have Contrasting Strengths, Weaknesses
“Ahead of the scheduled Sept. 10 presidential debate between Vice President Kamala Harris and former President Donald Trump, the presidential race is deadlocked. About half of registered voters (49%) say if the election were held today, they would vote for Harris, while an identical share say they would back Trump. With less than two months… Continue Reading
Some Lawyers Using Venmo Are Exposing Confidential Client Information
LawSites – and they May Not Even Know It – “Multiple lawyers who are using the payments app Venmo in their law practices are exposing client information to the public — and they may not even know it. These accounts expose client names and sometimes other details, such as payment amounts, the nature of the… Continue Reading
Gartner Predicts 30% of Gen AI Projects Will Be Abandoned After Proof of Concept By End of 2025
Analysts Explore the Business Value of Generative AI at Gartner Data & Analytics Summit, July 29-30 in Sydney – At least 30% of generative AI (GenAI) projects will be abandoned after proof of concept by the end of 2025, due to poor data quality, inadequate risk controls, escalating costs or unclear business value, according to… Continue Reading
AI in Finance and Banking, August 30, 2024
Via LLRX. AI in Finance and Banking, August 30, 2024 This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as… Continue Reading
Wiley set to earn $44m from AI rights deals, ‘no opt-out’ for authors
The Bookseller: “Academic publisher Wiley has revealed it is set to make $44 million (£33 million) from Artificial Intelligence (AI) partnerships that it is not giving authors the opportunity to opt-out from. The US publisher is the latest to capitalise on deals to give tech firms access to its authors’ content to train their Large… Continue Reading
Pete Recommends – Weekly highlights on cyber security issues, August 24, 2024
Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, August 24, 2024 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss, highlights articles and information that focus on… Continue Reading
Don’t trust Google for customer service numbers. It might be a scam.
Washington Post [unpaywalled]: “Scams just keep popping up when you Google. On Monday, I found what appeared to be impostors of customer service for Delta and Coinbase, the cryptocurrency company, in the “People also ask” section high up in Google. A group of people experienced in Google’s intricacies also said this week that it took… Continue Reading
Multinational Enterprise Information Platform
Annie Burns-Pieper] via Data is Plural: “The Multinational Enterprise Information Platform, a collaboration between the OECD and the UN Statistics Division, provides publicly sourced data on the 500 multinational corporations with the largest market capitalization. Its “Global Register” dataset examines the companies’ structure, listing each subsidiary’s name, parent company, address, alternative names, and various unique… Continue Reading
Biggest US companies warn of growing AI risk
FT.com [unpaywalled] – “Study finds more than half of Fortune 500 groups cited new technology as a potential hazard in their latest annual reports. More than half of the US’s biggest companies see artificial intelligence as a potential risk to their businesses, according to a new survey of corporate filings that highlights how the emerging… Continue Reading
The Economist US election forecast model
The Economist’s model of America’s presidential election estimates each major candidate’s chances of winning each state and the overall electoral college. Developed with a team of scholars at Columbia University, the forecast combines national and state-level polls with fundamental data about the state of the economy, historical voting patterns and the demographics of each state… Continue Reading
