The Committee on Foreign Investment in the US (CFIUS) has failed to reach a consensus on the proposed $15 billion takeover of US Steel by Nippon Steel, leaving the decision to US President Joe Biden. Biden has expressed opposition to the deal, citing national security risks, and has 15 days to approve or extend the…
industry on The Soothsayer / page 9
Google’s Gemini AI is being compared to Anthropic’s Claude in secret testing, with contractors evaluating the accuracy of both models’ outputs. The contractors are tasked with rating the truthfulness and verbosity of each response, with some noticing that Claude’s safety settings are stricter than Gemini’s. The use of Claude in testing against Gemini raises questions…
Arthera, a blockchain innovator, has unveiled BlazeDAG, a Directed Acyclic Graph (DAG)-based consensus protocol that shatters industry speed records with 850,000 transactions per second (TPS) and two-second finality. This groundbreaking technology addresses longstanding scalability and usability challenges, setting a new standard for blockchain performance. BlazeDAG’s seamless integration of cost predictability and accessibility makes it an…
Workers at Starbucks in the United States have gone on strike, citing unresolved issues over wages, staffing, and schedules. The strike, which started in Los Angeles, Chicago, and Seattle, is the latest in a series of labor actions in the US service industry. The Starbucks Workers United Union is demanding a 64% increase in the…
MEXC, a leading global cryptocurrency exchange, has announced the addition of 17 new languages to its website, bringing the total to 34 languages. This move aims to enhance the user experience, accelerate global expansion, and attract users from emerging markets. The platform has grown significantly in 2024, serving over 30 million users and recording a…
The US Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America, and Wells Fargo for allegedly failing to protect consumers from widespread fraud on the payments platform Zelle. The CFPB claims that the banks left the door open to scammers, ignored red flags, and abandoned consumers after fraud occurred,…
Labiotech has curated a list of biotech movies that explore the intersection of science, technology, and humanity. From eugenics to genetic engineering, these films delve into the possibilities and consequences of emerging biotech trends. As the biotech industry continues to advance, these movies serve as a thought-provoking reflection on the potential implications of our actions….
Luigi Mangione, a 26-year-old Ivy League graduate, has been charged with murder and stalking in a New York court, raising the possibility of the death penalty. Mangione is accused of killing UnitedHealthcare executive Brian Thompson, and a notebook found in his possession contained handwritten pages expressing hostility towards the health insurance industry. The case has…
A team of researchers has developed a new degradable microbead made from a type of polymer that can effectively remove permanent marker and eyeliner from animal skin samples. This innovative material has the potential to replace plastic microbeads in skin cleansers, providing a more environmentally friendly alternative. The new microbead breaks down into molecules similar…
OpenAI has announced o3, its latest reasoning model, which is a significant improvement over its predecessor o1. o3 is a model family that includes o3 and o3-mini, a smaller, distilled model fine-tuned for particular tasks. OpenAI claims that o3 approaches Artificial General Intelligence (AGI) in certain conditions, but this achievement is still a subject of…
