Business

Google places engineer on leave after he claims group's chatbot is 'sentient'

Google places engineer on leave after he claims group’s chatbot is ‘sentient’

Google has kicked off a social media firestorm on the nature of consciousness by placing an engineer on paid leave after he went public with his belief that the tech group’s chatbot has become “sentient”. Blake Lemoine, a senior software engineer in Google’s Responsible AI unit, did not receive much attention on June 6 when …

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Goldman Sachs Is Being Investigated Over ESG Funds

Goldman Sachs Is Being Investigated Over ESG Funds

The Securities and Exchange Commission is investigating Goldman Sachs over its ESG investment funds — funds that invest in companies that say they are committed to environmental, social and governance principles, according to two people familiar with the matter. The agency is examining ESG mutual funds overseen by the bank’s asset management unit, said the …

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Ethereum Core Devs Delay Crucial 'Difficulty Bomb' for Two Months

Ethereum Core Devs Delay Crucial ‘Difficulty Bomb’ for Two Months

Ethereum core developers met on Friday and decided to delay the handling of the “difficulty bomb”, a crucial catalyst in Ethereum’s long-anticipated “Merge,” which will migrate the network from a proof-of-work consensus to proof-of-stake. The difficulty bomb was planted in Ethereum’s code in 2015 as a measure to force validators to accept the merge. An …

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Luxury home sales see the biggest decline since the start of the pandemic

Luxury home sales see the biggest decline since the start of the pandemic

Sales of luxury homes plummeted 17.8% year over year during the three months ending April 30. That’s a much larger decline than non-luxury homes, which fell only 5.4% in the same period. The only two times this decade when the drops were steeper came during the 2020 pandemic, when the market fell as much as …

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A Credit Suisse exec was fired after coworkers identified him in a viral video that showed him attacking staff at a Koreatown restaurant

A Credit Suisse exec was fired after coworkers identified him in a viral video that showed him attacking staff at a Koreatown restaurant

A finance executive was reportedly fired after a video showed him fighting with restaurant staff in New York City. Credit Suisse’s Roman Cambell was “terminated” after the altercation at Shanghai Mong in Koreatown. Sunabi Yi, whose parents own the restaurant, told Insider the family is “mentally traumatized” from the incident. A finance executive was reportedly …

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Elon Musk says Tesla had a 'very tough quarter' and needs to rally in leaked email

Elon Musk says Tesla had a ‘very tough quarter’ and needs to rally in leaked email

Elon Musk says that Tesla had a “very tough quarter” and asks employees to needs to “rally hard to recover” in leaked emails. Over the weekend, Tesla CEO Elon Musk sent emails to employees and Electrek obtained copies. In the first email, Musk tried to instill meaning about building Tesla products to workers: “We *actually* …

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Top economist Mohamed El-Erian says most inflation 'could have been avoided' if Federal Reserve acted earlier

Top economist Mohamed El-Erian says most inflation ‘could have been avoided’ if Federal Reserve acted earlier

Most of the current record high inflation could have been avoided having the Federal Reserve acted earlier and shown humility after it wrongly described inflation as “transitory,” economist Mohamed El-Erian said Sunday. El-Erian, chief economic advisor at Allianz, appeared on CBS’s “Face the Nation” to discuss what caused the current inflation and where it was …

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