Crowding the gates of a major health care conference, protesters called for Palantir to be booted out of the UK’s National Health Service over privacy concerns and political grievances.

Thibault Sottiaux helped make AI coding one of OpenAI’s fastest-growing businesses. Now he’s overseeing a sweeping overhaul of ChatGPT.

Climate disclosures help investors and the public understand how companies view risks such as extreme weather, carbon regulation and the transition to cleaner energy. "Because these risks are uncertain and forward-looking, company leaders have considerable influence over what is communicated and how," says Postdoctoral Researcher Javad Rajabalizadeh from the University of Turku.

A study in the Global Business and Economics Review suggests that the failure of small and medium-sized enterprises (SMEs) can be predicted as much as three years before insolvency. The work could offer lenders, investors and business owners an early warning of financial problems years in advance.

The past and present are rife with examples of advisers convincing leaders of the benefits of launching an ill-advised war, or downplaying the risks of a potentially fatal flaw in the design of a car or spacecraft.

Xbox CEO Asha Sharma and Chief Content Officer Matt Booty told staff that Xbox's current economics "cannot continue," citing more than $20 billion in spending over five years, declining revenue outside Activision Blizzard King, console supply constraints tied to RAMaggedon, and an overextended studio portfolio. The memo stops short of announcing layoffs, but a Bloomberg report says substantial Xbox cuts are expected after Microsoft's fiscal year ends on June 30. Engadget reports: The takeaways are pretty grim. For starters, the simple math of Xbox's revenue isn't adding up to success. "Excluding Activision Blizzard King, over the past five years, we have spent over $20 billion on ongoing investments in our content, platform, and hardware subsidy, but our annual revenue has declined nearly half a billion during that time," the execs state. "Going forward, this cannot continue." They also acknowledge the impact of RAMaggedon: "We are currently unable to make as many consoles as players want to buy, and we need a new business model and partnerships for hardware as we remain committed to Helix." (Helix, in this case, is Project Helix, the codename for Xbox's new console.) Then there's the kicker, a renewed admission that Xbox still can't support the many studios it acquired in the late 2010s in an effort to grow its first-party game ambitions. "We have found ourselves over extended as we executed on changing strategies in a landscape of more readily available content," the pair said, noting elsewhere that with so many good games, not to mention the plethora of other forms of entertainment available, "Going forward, our competition is attention."

Read more of this story at Slashdot.

With the 2026 FIFA World Cup kicking off, millions of soccer fans around the world will be following the tournament taking place across 16 host cities in Canada, Mexico and the United States.

The study, published in European Financial Management, focused on "inside debt," which includes pensions and deferred compensation awarded to chief executives. Unlike bonuses or shares, these payments can encourage CEOs to become more cautious because their personal wealth becomes more tied to the company's long-term financial health.

Investor caution soon after experiencing a natural disaster increases the cost of capital for businesses hoping to grow, new academic research suggests.

Anthropic on Wednesday joined growing calls for the artificial intelligence industry to find ways to cushion people from the technology's disruptions, announcing an initial $200 million investment to research AI's impact on jobs and the economy.

Betting that people will soon grow more comfortable having artificial intelligence agents shop for groceries, plane tickets or diapers on their behalf, payments giant Visa said Wednesday that it has embedded its payment network inside of ChatGPT, empowering the chatbot to independently shop and complete transactions.

Assistant minister agrees concerns over resource usage are legitimate but argues Australia cannot ignore ‘consequential’ economic wave

• Follow our Australia news live blog for latest updates

• Get our breaking news email, free app or daily news podcast

Australia should learn from the mistakes of the resources boom and set the terms for the AI and datacentres boom, the assistant minister for the digital economy, Andrew Charlton says.

Growth in datacentres has exploded in the past two years, Charlton told the Sydney Institute on Wednesday night, with 44 projects in the pipeline in New South Wales alone seeking 11GW of capacity on the electricity grid.

Continue reading...

© Photograph: Bloomberg/Getty Images

© Photograph: Bloomberg/Getty Images

© Photograph: Bloomberg/Getty Images

When the Securities and Exchange Commission updated Regulation S-K in 2020 to require public companies to disclose more information about human capital in annual filings, the rule was designed primarily with investors in mind. New research from the University of Miami Patti and Allan Herbert Business School suggests that the regulation may also have reshaped how companies compete for talent.

Prime Minister Mark Carney unveiled Canada's AI for All strategy on June 4, committing more than $2 billion in new spending and targeting $200 billion in additional GDP growth and 250,000 new jobs by 2031.

The CFTC is considering its first regulation for prediction markets, as arrests over "insider trading" on everything from military operations to Google Search data continue to stack up. As CoinDesk reports, a notice of proposed rulemaking says "the proposal would establish a structured framework for evaluating whether such contracts involve an activity enumerated in Section 5c(c)(5)(C) of the Commodity Exchange Act -activity that involves terrorism, assassination, war, gaming, or conduct that is unlawful under federal or state law-and, if so, whether that contract is contrary to the public interest."

Separately, Kalshi announced on Wednesda …

Read the full story at The Verge.

Since January 2025, the Trump administration has ramped up immigration enforcement. A key rationale for the policy is that it will open up jobs for Americans by reducing competition from undocumented immigrants.

Financial markets are blind to the economic costs of biodiversity loss, leaving several countries at risk of defaulting on debt, according to new research published in Nature. While environmental degradation is recognized as a serious financial risk, sovereign debt markets currently have no way of accounting for it, leaving US$83 trillion in assets open to mispricing.

Parental leave policies in Canada are designed for both parents, but fathers use them at roughly half the rate of mothers. From 2012 to 2017, Statistics Canada found 88% of mothers took maternity leave, parental leave or a combination of the two, compared with 46% of fathers.

Colonial legacies continue to shape competitive outcomes in international football. A research team led by the University of Zurich has used about 1,500 simulations of the upcoming World Cup to show that former colonial powers benefit from access to a broader pool of talent, while formerly colonized nations face lower chances of success.

Just like snowflakes, no two TikTok For You pages look alike. And that is intentional. The social media site's highly personalized—and black box-like—recommendation algorithm has long been considered its "secret sauce," after all.