Deposits at Silicon Valley Bank to Be Fully Guaranteed Us Government Says
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Wait, When Did the Schlubs of Silicon Valley Learn to Dress?
Tech moguls trade hoodies for conventional style amid fresh scrutiny of the industry; dressing down “is so played out.”The Wall Street Journal - World -
How Silicon Valley’s ‘Oppenheimer’ found lucrative trade in AI weapons
Anduril Industries’ Palmer Luckey is leading the start-ups infiltrating the US government’s war machineFinancial Times - Business -
AI-powered fraudsters are overwhelming bank defenses, Treasury report says
U.S. banks are struggling to keep up with evolving artificial-intelligence technology that has enabled fraudsters to easily impersonate customers and spread malware using AI-generated text, according to a report published Wednesday by the Treasury ...MarketWatch - Business -
Bank of England policymaker says markets pricing in too many rate cuts; Co-op Bank to cut 400 jobs – business live
Catherine Mann says market pricing is helping the central bank do its work in bringing borrowing rates down. The pound has risen since her comments, up 0.2% to $1.2661.. Bank of England policymaker Catherine Mann said financial markets are pricing ...The Guardian - World -
UK democratic rights under threat, says government adviser on social cohesion
Disinformation, extremism and intimidation are stifling free speech in public life, warns Dame Sara Khan.Financial Times - World - United Kingdom -
Say one thing, do another? The government’s record net migration rise
The Conservatives pledged to cut immigration, but there’s been a rise - BBC Panorama explores why.BBC News - Top stories -
Biden signs $1.2tn spending package as government shutdown is averted
Package passed Senate late Friday night by vote of 74-24, narrowly averting shutdown and banning Gaza aid through March 2025. President Joe Biden on Saturday signed into law a $1.2tn budget bill to keep the US government funded through a fiscal ...The Guardian - World - Joe Biden -
US senators reach deal on $1.2tn spending bill to avert government shutdown
Passing of the bill sparks backlash from Donald Trump’s supportersFinancial Times - World -
China blocks use of Intel and AMD chips in government computers
Microsoft’s Windows and foreign database programs also sidelined as Beijing favours Chinese hardware and softwareFinancial Times - World - China -
The White House Puts New Guardrails on Government Use of AI
Vice President Kamala Harris says new rules for government AI deployments, including a requirement that algorithms are checked for bias, will “put the public interest first.”Wired - Tech -
The Lone Volcano in California’s Central Valley
Often called “the world’s smallest mountain range,” the Sutter Buttes are an unlikely and beloved landmark in one of the flattest parts of the state.The New York Times - Top stories - California -
Canada's Poor Productivity Has Reached Emergency Status, Senior Central Bank Official Says
Bank of Canada’s senior deputy governor, Carolyn Rogers, warns that a turnaround is urgently needed to protect the economy from future bouts of inflation.The Wall Street Journal - World -
Ethiopia's biggest bank says it has recouped most of the cash lost during a system glitch
Ethiopia’s biggest bank says it has recouped nearly 80% of the cash it lost during a system glitch that allowed customers to take out more money than they had in their accountsABC News - World -
China’s answer to Instagram makes first profit
Shanghai-based unicorn known as ‘little red book’ brought in $500mn in net profit last yearFinancial Times - World - China -
FirstFT: US and Japan plan upgrade to security alliance
Also in today’s newsletter, Moscow attack suspects appear in court and corporate insiders sell company sharesFinancial Times - World - Japan -
Attorneys try to stop DeSantis appointees from giving depositions in Disney lawsuit
Attorneys for the Walt Disney World governing district taken over last year by Gov. Ron DeSantis’ supporters don’t want the governor’s appointees answering questions under oath as part of a lawsuit against DisneyABC News - Entertainment -
Former Hungarian insider releases audio he says is proof of corruption in embattled Orbán government
A former Hungarian government insider turned oppositionist released an audio recording on Tuesday that he says is proof that top officials conspired to cover up corruption, the latest twist in a scandal that’s shaken Prime Minister Viktor Orbán’s ...NBC News - Top stories -
Dutch court says the government must do more to rein in noise pollution at Amsterdam's busy airport
A Dutch court says the government has systematically put the interests of the aviation sector above those of people who live near Amsterdam's Schiphol AirportABC News - Health -
Biden says Baltimore bridge rebuild should be paid for by the federal government after collapse
WASHINGTON — President Joe Biden said he wants the federal government to pay to rebuild the Baltimore bridge that collapsed early Tuesday after a large cargo ship sailed straight into one of the bridge's support pillars.NBC News - Politics - Joe Biden -
Labour has 99% chance of forming next government, says elections expert – UK politics live
Prof Sir John Curtice, the psephologist and lead election analyst for the BBC, said the chances of a Tory revival were small. In the House of Lords peers have just started debating the second reading of the leasehold and freehold reform bill. The ...The Guardian - World - United Kingdom -
I helped advise the US government on the next likely pandemic. What I learned is alarming | Devi Sridhar
The 100-day challenge, to be able to contain a virus while a vaccine is approved, manufactured and delivered, looks ever more remote. Four years on from the first Covid lockdown, life feels to be largely back to normal, although legacies of the ...The Guardian - World -
China reportedly seeks to block Intel, AMD and Microsoft tech from being used in government computers
Beijing has introduced new procurement guidelines that seek to promote use of Chinese techMarketWatch - Business - China -
8 Best Lubes (2024): Water-Based, Silicone, and Dispensers
For the most sensitive parts of the human body, friction is the enemy. Here’s how to keep it at bay.Wired - Tech -
Weary of rebuilding, residents of German valley feel flat post floods
Yahoo News - World - Germany -
Stardew Valley’s 1.6 Update Is Out—Here’s Some of the Biggest Changes (2024)
The popular farming game’s major update includes a new farm type, new events, and a massive multiplayer option.Wired - Tech -
Two ministers quit government in mini-reshuffle
Education minister Robert Halfon and armed forces minister James Heappey are also standing down as MPs.BBC News - Top stories -
Redefining Your Banking Relationship
Banking is a partnership, not a transaction. And it can help Black women overcome systemic financial hurdles.Inc. - Business -
A turning point in central banking
Last week’s monetary policy moves mark a shift away from strict inflation targetingFinancial Times - World -
Can my landlord put up my rent, keep my deposit or evict me?
UK renters have seen increases of 10% and two million are behind or struggling to pay.BBC News - Top stories -
Harris says US has not ruled out 'consequences' if Israel invades Rafah
Kamala Harris suggested there could be "consequences" for Israel if it moves ahead with a Rafah invasion in Gaza, as Netanyahu plansABC News - Top stories - Israel -
NHS should ‘seek to use’ private healthcare capacity, Wes Streeting says
Shadow health secretary says that in the longer term, he would like no one to need to go privateFinancial Times - Business -
World’s largest oilfield services group has no plans to leave Russia
SLB has resisted pressure to follow its two biggest rivals in pulling out in response to Ukraine warFinancial Times - Business - Russia -
UK politicians should use ‘disappearing messages’ on devices, says GCHQ
Fresh guidance from a branch of the signals intelligence agency comes after government blames China for cyber attacksFinancial Times - Business - United Kingdom -
Assange judges seek no death penalty pledge from US
Court postpones decision on the Wikileaks founder's case to give the US time to make assurances.BBC News - Top stories -
Pompeo rips US decision at UN, says it thrilled Hamas
Former Secretary of State Mike Pompeo on Monday criticized the Biden administration's decision to abstain from a vote on a United Nations Security Council resolution calling for a cease-fire in Gaza, arguing it made Hamas and Iran happy. “Hamas, ...The Hill - Politics -
Russia-Ukraine war live: 200,000 without power in Ukraine since Friday; Nato could ‘shoot down Russian missiles near borders’
Attack on energy infrastructure on last week still causing blackouts; Poland’s deputy foreign minister warns Russia of consequences if missiles enter territory. The Kremlin has refused to be drawn on whether it believed there was a link between ...The Guardian - World - Ukraine -
Barclays bank payments restored after outage
The bank has apologised as some customers experienced issues with payments into and out of accounts.BBC News - Top stories -
Mike Williams gets $8.3 million guaranteed on a deal worth "up to" $15 million
"Up to" continues to be the hardest-working phrase in NFL media.Yahoo Sports - Sports -
Report: L'Jarius Sneed, Titans agree to 4-year deal with $55M guaranteed after trade from Chiefs
The Chiefs gave L'Jarius Sneed the franchise tag this offseason.Yahoo Sports - Sports - NFL -
Fed Rate Outlook Looks Just Right for Banks
Banks look forward to relief on deposit costs but have no desire to go back to zero rates.The Wall Street Journal - World - Federal Reserve