The weather forecast may show AI storms ahead
Meteorology has long been a public good but those days may be numbered
Artificial intelligence
Junior analyst’s lawsuit against top bank puts Wall Street hours on trial
Kate Shiber says Centerview Partners improperly fired her over sleep requirements necessitated by mental illness
Investment Banking
Short seller Jim Chanos to close his main hedge funds
Legendary bear says interest in fundamental stockpicking has waned
Financial & markets regulation
Apple and Disney are the latest to pause X advertisements amid Elon Musk controversy
Big companies join IBM in pulling back from the social media platform
Social Media
OpenAI says CEO Sam Altman has left after losing board’s confidence
Chief technology officer Mira Murati becomes interim chief after co-founder’s abrupt exit
Artificial intelligence
The view from a peak in rates may still be cloudy
Soft US inflation data has convinced the market that the Fed will not lift its borrowing benchmark next month
Central banks
Ratcliffe nears $33-a-share deal for a minority stake in Manchester United
The deal would value the Premier League football club at about $5.4bn
Mergers & Acquisitions
Microsoft tweaks AI image generator over Disney dogs poster trend
Film company’s logo was visible in mock-ups of movie illustrations featuring users’ pets
Social Media, Artificial intelligence
Who wins in the battle between nation states and Big Tech?
We need to discuss what AI means for the concentration of wealth and power
Artificial intelligence
Bundesbank looks to aid savers by cutting lenders’ interest payments
Central bank chief Joachim Nagel’s position at odds with that of ECB president
Central banks