Banks using generative artificial intelligence tools could boost their earnings by as much as $340 billion annually through increased productivity, according to consultants hoping to help the industry adapt in this fast-moving area. From a report: This would amount to a 9% to 15% increase in operating profits, according to a McKinsey Global Institute report...
Category: Jobs
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Talent & Green Summit: Cultivating Digital Talent for Sustainable Development
[Dubai, UAE, December 5, 2023] The Talent & Green Summit was held today at the University of Dubai during the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP 28). The Summit brought together 36 participants in Huawei’s Seeds for the Future 2.0 talent program from 22 countries. Scholars from...
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England among highest performing western countries in education
Pupils in England have risen up the international rankings for maths, placing England as one of the top performing countries in the western world. A worldwide education study published today (5 December 2023) shows England has significantly outperformed the international average and risen from 17th for maths in 2018 to 11th, and from 27th in 2009. The Programme...
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The UK Tries, Once Again, To Age-Gate Pornography – Slashdot
Jon Porter reports via The Verge: UK telecoms regulator Ofcom has laid out how porn sites could verify users’ ages under the newly passed Online Safety Act. Although the law gives sites the choice of how they keep out underage users, the regulator is publishing a list of measures they’ll be able to use to...
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Research Finds That Renting Ages You Faster Than Smoking, Obesity – Slashdot
schwit1 shares a report from the New York Post: A landmark study out of the University of Adelaide and University of Essex has found that living in a private rental property accelerates the biological aging process by more than two weeks every year. The research found renting had worse effects on biological age than being...
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Spotify cuts more than 1,500 jobs amid rising costs in third round of lay-offs
It’s the world’s biggest music streaming service, but just one week on from dominating social media with its annual Wrapped campaign, Spotify has done some unwrapping of its own: laying off about 17 per cent of its workforce. Spotify is cutting more than 1,500 jobs in a bid to clamp down on rising costs. Daniel Ek,...
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Spotify cuts more than 1,500 jobs amid rising costs in third round of lay-offs
It’s the world’s biggest music streaming service, but just one week on from dominating social media with its annual Wrapped campaign, Spotify has done some unwrapping of its own: laying off about 17 per cent of its workforce. Spotify is cutting more than 1,500 jobs in a bid to clamp down on rising costs. Daniel Ek,...
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Middlesex Alumni Win Emmy for ESPN Sports Show
The team who edits ESPN’s SportsCenter earned an Emmy® Award for Outstanding Daily Studio Sports Show at the 44th Annual Sports Emmy® Awards earlier this year. Alumni from Connecticut State Community College Middlesex (formerly Middlesex Community College) worked as video editors for the show and credit their achievement to their learning experiences at the college...
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Markets News, Dec. 4, 2023: Stocks Fall as Gold Retreats From Record; Bitcoin Tops $41K
Equity Indexes Wrap: Tech Mega Caps Weigh on S&P 500, Nasdaq; Cruise, Consumer Stocks Advance 1 hr 4 min ago The Dow Shares of 3M (MMM) rose 3.6% following an upgrade from analysts at Barclay’s. Health stock outperformed the broader market today, rising 0.2% as a sector. Merck & Co (MRK) gained 1.6%, Johnson &...
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The Trades are still in the tank for oil jobs
With help from Camille von Kaenel, Blanca Begert and Jordan Wolman The California Trades won’t let oil and gas jobs go without a fight. | Jae C. Hong/AP HOLDING ON TO OIL: The Biden administration and California lawmakers are pouring billions into clean energy technologies, with the promise that fossil fuel workers will have a...
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O’Melveny Advises Alaska Airlines on US$1.9 Billion Acquisition of Hawaiian Airlines – O’Melveny
FOR IMMEDIATE RELEASE LOS ANGELES—December 4, 2023—O’Melveny advised Alaska Airlines, which serves more than 120 destinations across the United States, Belize, Canada, Costa Rica, and Mexico, on its definitive agreement to acquire Hawaiian Airlines, Hawaiʻi’s biggest and longest-serving airline, for approximately US$1.9 billion in cash. The transaction was announced on December 3, 2023, and is...
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RELEASE: Gottheimer, Lawler Stand with NYC Restaurant Owner Against NY’s $15/Day Congestion Tax – Josh Gottheimer
Above: Gottheimer with Rep. Lawler and Julio Pena, co-owner of NYC restaurant Il Posto Accanto. NEW YORK, NY — Today, December 4, 2023, U.S. Congressmen Josh Gottheimer (NJ-5) and Mike Lawler (NY-17) joined Julio Pena, owner of restaurant Il Posto Accanto, to highlight the terrible impact New York’s proposed $15-a-day Congestion Tax will have on small...