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News
Uber lays off 10% of their workforce to make the company "simpler and faster"
1+ week, 4+ day ago (408+ words) The company is cutting layers of management to streamline decision-making. Will it work? Uber announced Wednesday it’s cutting 10% of its workforce — about 3,000 jobs. It’s the company’s biggest round of layoffs since the pandemic. In a letter to employees, Uber CEO…...
AI in banking: the good, the bad, and the efficient
1+ week, 5+ day ago (529+ words) For smaller banks, where resources can be limited, adopting AI comes with its own set of opportunities and challenges. So how are these institutions using AI — and what does it mean for the future of community banking? The catch? Those…...
"The heart of the internet": AI has marketers flocking to Reddit
1+ week, 5+ day ago (174+ words) For years, brands never really paid attention to Reddit. But as LLMs and AI bots scrape the internet, Reddit has become valuable internet real estate for marketers. The popular online forum Reddit started calling itself “the heart of the internet…...
Inside the business of selling people their own family photo albums
1+ week, 6+ day ago (150+ words) marketplace.org He spoke with “Marketplace” host Kai Ryssdal about his experience, which he wrote about for New York Magazine. “It was from a total stranger, and it sounded like a scam,” Pogue said. “But at the same time the…...
What Akron's tire collapse can teach us about the AI economy
2+ week, 5+ day ago (614+ words) In Akron, Ohio — once the tire capital of the world — the collapse of the rubber industry offers a stark preview of what AI-driven job losses could mean for government tax revenue. Downtown Akron’s history center holds a lot of mementos…...
What Akron's rubber bust can teach us about a possible AI tax crisis
2+ week, 5+ day ago (570+ words) In Akron, Ohio — once the tire capital of the world — the collapse of the rubber industry offers a stark preview of what AI-driven job losses could mean for government tax revenue. 1200 Firestone Parkway, Akron, Ohio, is home to the former…...
"Buying a house with a credit card": The Treasury's plan to finance the national debt
3+ week, 3+ day ago (515+ words) The Treasury wants to use short-term borrowing to finance the national debt. While short-term interest rates are usually lower than long-term rates, they’re also more volatile. In all caps, right in the middle of The New York Times’ front page…...