headlines...by halloapp

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01-07-2024

TECH

• Microsoft has introduced a new standard PC keyboard layout with a dedicated ”Copilot” key for launching its AI-powered assistant.

• Perplexity AI, backed by Jeff Bezos, plans to challenge Google with its AI-based search engine that offers real-time information and footnotes.

• Chinese cloud companies, including Alibaba, Tencent, Baidu, and ByteDance, are reducing orders from Nvidia due to slower AI chips and potential US restrictions. Some are turning to Huawei for lower-powered AI chips.

MEDIA

• Bill Ackman intends to review the work of all MIT faculty members, including the president, for plagiarism after his wife’s plagiarism admission.

• Michael Bolton, the Grammy-winning pop rock singer, underwent successful surgery for a brain tumor and will temporarily halt his tour.

CONSUMER

• Etsy’s profit margin is higher than traditional retailers like Walmart and Amazon due to fees charged to sellers, generating over $13 billion annually.

• Former Walmart customers are no longer shopping at the retail giant due to the difficulty of navigating large stores and impulse buying.

REAL ESTATE

• 14 Asian countries, such as Pakistan, Cambodia, and the Philippines, allow dual citizenship, according to this article.

ECONOMIC

• Power Financial Corporation is an international management and holding company that provides financial and asset management services in Canada and internationally. They offer various insurance and investment products, as well as other services such as inspection and testing solutions. The company operates in industries such as cement, wine and spirits, sporting goods, and digital investing platforms.

• The Toronto-Dominion Bank offers a range of financial products and services in Canada, the US, and internationally through various segments.

CRYPTO

• Riot Platforms, a Bitcoin mining stock, experiences growth but may face challenges in 2024 due to Bitcoin’s cyclical nature and upcoming halving event.