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UAW strike likely to result in sticker shock for car shoppers—and panic-buying would make things worse
Car shoppers are heading for a new round of sticker shock if the strike by the United Auto Workers doesn’t end soon, particularly for popular vehicles that are already in short supply. The number of vehicles on dealer lots will shrink the longer the walkout goes on. Dealers are likely to lose incentives that the
September 16, 2023
CEO of firm NYC hired in $432M no-bid contract resigns—and admits he lied about A.I. degree
The chief executive officer of a firm hired by New York City to house and care for hundreds of migrants abruptly resigned Friday after he admitted to lying about his educational record and as DocGo has come under scrutiny for its $432 million no-bid contract with the city. Anthony Capone’s resignation came after the Albany Times
September 16, 2023
The winner of the $2 billion Powerball jackpot has been buying fancy homes around Los Angeles
The winner of the record-breaking $2 billion Powerball jackpot has wasted little time enjoying his newfound riches—and he’s been focused on California real estate. Edwin Castro bought the winning ticket last November at a Mobil gas station in Altadena, about 30 minutes outside Los Angeles. He came forward to claim his prize in February, choosing
September 16, 2023
A big supermarket chain is shaming suppliers like PepsiCo over ‘shrinkflation’—by labeling examples on shelves
It’s one thing to know about shrinkflation. It’s another to be warned about it in the grocery store. “Shrinkflation” refers to companies giving customers less of their products for the same (or higher) price. The tactic has become widespread among consumer goods suppliers amid high inflation. Now, the French supermarket chain Carrefour is exposing examples
September 16, 2023
What inspired Elon Musk’s design for Tesla’s Cybertruck?
What inspired Elon Musk's design for Tesla's Cybertruck?Share SubtitlesOffEnglishWalter Isaacson tells Quartz about a scene from his biography Elon Musk where Elon's son, Saxon, asks why the future doesn't look like the futurePublishedSeptember 14, 2023We may earn a commission from links on this page.Video Program GuideLatest VideosPlaylistReworking WorkQuartz on CreativityLeadershipLatest VideosSlide 1 of 16Now playing02:42How
September 14, 2023
The big speed bump on the road to GenAI
Opinion14 Sep 20231 min Artificial IntelligenceEventsSecurity It seems that every event I moderate, regardless of the topic, will devolve into a discussion of generative AI and the excitement of intelligent systems. The enthusiasm for this innovative technology is irrepressible. Ideas fly around, grandiose plans are discussed, and everyone can’t wait to get going. However, as
September 14, 2023
RBI releases list of 15 NBFCs in ‘upper layer’
September 14, 2023
The Reserve Bank of India on Thursday released a list of fifteen NBFCs figuring in the 'upper layer' under the scale based regulation for these lenders for the financial year 2024.LIC Housing Finance Limited ranked first on the list, followed by Bajaj Finance Limited on second and Shriram Finance Limited (formerly Shriram Transport Finance Company
Inside Nasdaq’s AI-fueled pivot to SaaS provider
The second-largest stock exchange in the world is betting big on becoming a global technology company, with new surveillance and security offerings, a shift to SaaS-based delivery, and further AI infusions into its financial apps, says CIO and CTO Brad Peterson. No doubt, Nasdaq is bullish on generative AI. Brad Peterson, the company’s CIO and
September 14, 2023
What is a data engineer? An analytics role in high demand
Data engineers are vital members of any enterprise data analytics team, responsible for managing, optimizing, overseeing, and monitoring data retrieval, storage, and distribution throughout the organization. What is a data engineer? Data engineers design, build, and optimize systems for data collection, storage, access, and analytics at scale. They create data pipelines that convert raw data
September 14, 2023
CIO Brett Lansing’s five-point approach to building followership
IT leaders cannot lead without willing followers. The best way to build this vital circle of your professional network is by empowering them. Your strategy’s only as strong as it is implemented well. And you can implement it well only to the extent that your followership is strong. Your followership is the most potent circle
September 14, 2023