Google Wants to Train Other Companies to Use its AI Tools
published Oct 19, 2017, 3:24:55 PM, by Mark Bergen (Bloomberg) —As Google’s boss, Sundar Pichai has put artificial intelligence at the center of almost everything the internet giant does these days. Now he wants other companies to catch up. Alphabet Inc.’s Google is starting what it calls an “AI crash
Matt Levine’s Money Stuff: ICOs, Marxism and Credit Reports
published Oct 13, 2017, 8:23:11 AM, by Matt Levine (Bloomberg View) —ICOs. It’s worth explaining why you would do an initial coin offering. I mean, the most common reason to do an initial coin offering is to raise a lot of money from bitcoin enthusiasts without having a working business model or complying
Trump Vows Changes to Tax Plan in Weeks, Brushes Off Corker Feud
published Oct 10, 2017, 4:01:41 PM, by Justin Sink (Bloomberg) — President Donald Trump said Tuesday he plans to make changes to his tax plan within the next few weeks, while dismissing concerns that his public spat with Senator Bob Corker would scuttle an overhaul. “We’ll be adjusting a little
There’s So Much Pain in Agriculture That Traders Are Leaving
published Oct 18, 2017, 8:20:04 AM, by Agnieszka de Sousa and Andy Hoffman (Bloomberg) — The success of modern farmers has become the misery of traders at the world’s biggest agriculture merchants. Profits are shrinking as years of bumper harvests sap volatility and trading opportunities, forcing companies to tighten their
Women Returning to Labor Market Power British Employment Surge
published Oct 18, 2017, 6:01:00 PM, by Lucy Meakin (Bloomberg) — A day after Bank of England Governor Mark Carney was grilled on the gender pay gap, new data showed that women are driving Britain’s jobs boom. Women accounted for 246,000 of the 317,000 increase in total employment over the
Solar Finds Unexpected Champion With Ad by Trump’s Pal Hannity
published Oct 18, 2017, 4:35:55 PM, by Christopher Martin and Brian Eckhouse (Bloomberg) —The U.S. solar industry has enlisted one of President Donald Trump’s best media friends for a campaign against import tariffs: Sean Hannity. Hannity voiced an advertisement asserting that tariffs on solar imports would threaten jobs in the
Top U.S. Health Insurer to Look at Trump Obamacare Alternatives
published Oct 17, 2017 9:51:25 AM, by Zachary Tracer (Bloomberg) — UnitedHealth Group Inc., the U.S.’s biggest health insurer, said it’s excited about the the chance to sell health plans President Donald Trump is promoting as alternatives to Obamacare. Last week, Trump signed an executive order promoting short-term health insurance
North Korea Is Playing a Longer Game Than the U.S.: Tyler Cowen
published Oct 17, 2017 1:19:20 PM, by Tyler Cowen (Bloomberg View) — If we think through the North Korea nuclear weapons dilemma using game theory, one aspect of the problem deserves more attention, namely the age of the country’s leader, Kim Jong Un: 33. Because peaceful exile doesn’t appear to
Xi Warns of Severe Challenges for China as Party Congress Opens
published Oct 17, 2017 8:25:26 PM, by Ting Shi (Bloomberg) — Chinese President Xi Jinping warned of “severe” challenges Wednesday, as he kicked off a twice-a-decade party meeting that may signal if he will appoint a successor to rule after 2022. Xi started the week-long event this morning with what’s
Netflix Tops Subscriber Outlook as Spending Nears $8 Billion
published Oct 16, 2017 4:13:32 PM, by Lucas Shaw (Bloomberg) — From Germany to Brazil, Netflix Inc. stormed ahead in its drive to create a global television network, scoring the video-streaming provider’s best third quarter on record and sending the shares to a new high. Shows such as thriller “Ozark,” starring