Despite a decrease in job postings and overall economic weakness, the UK labor market remains tight and shows resilience, with the imbalance of labor demand and supply gradually easing, according to data from recruitment platform Indeed.
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The US Dollar Index reached its highest level in nearly three weeks, while the Bank of Canada left its policy rate unchanged, and the Euro and British Pound continued to decline.
Chinese engineers have successfully produced ultra-thin stainless steel sheets that were once as expensive as gold to import, eliminating China's reliance on other countries for the product in a breakthrough for the domestic industry.
Indian startup Sarvam AI has raised $41 million in funding as it works to develop a suite of generative AI offerings, including large language models that support Indian languages and a platform for businesses to build with these models, with a focus on voice as the default interface and support for local languages. The startup plans to make its first model public in the coming weeks.
Google's latest code-generating model, AlphaCode 2, achieved high scores in programming contests, surpassing the performance of 99.5% of participants, although it still falls short of the best human coders.
The United States' substantial investments in clean energy and technology are prompting other countries, particularly in Europe, to develop their own incentives in a global subsidy race, leading to concerns about strained alliances, protectionism accusations, and potential debt increases.
Short sellers have lost over $6 billion in 2023 trying to bet against publicly-traded crypto firms due to Bitcoin's rally and the growth of crypto firm share prices.
Guyana's president is taking necessary measures to protect the country from Venezuela, which has ordered its state-owned companies to explore and exploit oil and minerals in a disputed region, prompting Guyana to reach out to allies and regional partners for support.
JPMorgan CEO Jamie Dimon faced backlash for claiming that Bitcoin's only true use case is for criminals, with critics highlighting the bank's history of fines and settlements for illicit activities.
Facebook's parent company, Meta, has announced the rollout of end-to-end encryption on Messenger and Facebook, with new features including message editing, disappearing messages, and control over read receipts.
Major cryptocurrencies were trading mixed on Wednesday evening, with Bitcoin experiencing minimal fluctuations after a recent surge and the global crypto market cap reaching $1.60 trillion, while Binance founder CZ's guilty plea has been accepted by a federal judge but his sentencing is yet to be determined. Additionally, U.S. stocks faced declines and the Labor Department released data indicating slower job creation and wage growth in November.
Philip Sean Grillo, a man running for former Rep. George Santos's seat, has been found guilty of charges related to the January 6 attack on the Capitol.
Bitcoin Holders Refuse to Sell Even at $1 Million As Supply Tightens, Prices Consolidate Around $44K
More than a third of Bitcoin holders are unwilling to sell even a small portion of their holdings, potentially creating supply pressures and inflating prices, according to a poll conducted by MicroStrategy CEO Michael Saylor.
China's exports grew by 0.5% in November, the first increase in six months, indicating that discount pricing is attracting buyers and helping to overcome a slump in demand.
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Former Peruvian President Alberto Fujimori, who was serving a 25-year prison term for human rights abuses, has been released on humanitarian grounds, sparking both support and criticism due to his divisive leadership and controversial actions during his rule.
The Los Angeles Angels are actively searching for starting pitching upgrades on the trade market, engaging with rival clubs for players like Shane Bieber, Corbin Burnes, Tyler Glasnow, and Alek Manoah, in an effort to improve their roster and potentially push them into the luxury tax for the first time in franchise history.
The United States House Committee has unanimously passed a bill that aims to promote the country's deployment and use of blockchain technology.
Republican presidential candidate Vivek Ramaswamy called for updated regulations on cryptocurrencies and proposed reducing the SEC workforce and relaxing regulations in the industry, while Robert F. Kennedy Jr. suggested exempting bitcoin from capital gains tax and backing the dollar with assets like gold and bitcoin; Florida Governor Ron DeSantis opposed Central Bank Digital Currencies (CBDCs), stating they would be "dead on arrival" if he became president.
Policymakers in Brussels are engaged in negotiations to establish a comprehensive law regulating artificial intelligence (AI), while senators in the U.S. express concerns about the EU's approach, fearing it may hinder AI development and push it towards other countries.
Jay Leno was seen driving around Los Angeles in his Tesla Cybertruck, 11 months after a motorcycle accident and previous engine fire.
Increased network congestion caused by the popularity of Ordinals inscriptions is sparking a debate over their impact on the Bitcoin blockchain and network fees. While some view the inscriptions as spam, others see them as a valuable use of block space and a boon to the financial stability of the network.
Nintendo has confirmed new content for Super Smash Bros Ultimate as part of its 5th anniversary event, with additional updates planned for 2024.
Disney is planning a new residential community called Asteria in North Carolina, featuring over 4,000 homes and emphasizing exploration of the region's natural beauty and lifelong learning.
Super Smash Bros. Ultimate is celebrating its fifth anniversary with a new event that offers 5x EXP and SP, additional Snack Ls, and the introduction of new spirits, along with upcoming amiibo tag tourneys in January 2024.
Sony's PlayStation announced that it will delete Discovery shows, such as "MythBusters" and "Deadliest Catch," from user libraries due to content licensing arrangements with providers.
Meta AI, a large-language model developed by Meta, now offers more detailed responses and accurate summaries in its search results, thanks to over 20 new AI-driven features added to its apps, including an image generator called Imagine and generative AI capabilities for the marketplace. Meta also plans to implement invisible watermarking on AI-generated images to promote transparency in content generation.
Meta is fulfilling its promise by rolling out end-to-end encryption for one-on-one chats and calls on Messenger, allowing only the sender and recipient to see the contents of the messages.
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Former Republican House speaker Kevin McCarthy announced his retirement from Congress, prompting Twitter users to mock his earlier claim that "I never quit" with a brutal community note stating "He just quit."
Rep. Dan Goldman, one of the wealthiest members of Congress, has been sued for allegedly failing to pay $180,000 in unpaid rent on a luxury condominium in Manhattan, although his communications director denies the allegations.
Social insects like ants and bees have valuable knowledge to offer in the development of autonomous systems, according to Ted Pavlic, an associate professor of computer science and engineering at Arizona State University, who believes that studying their coordinated actions can provide templates for improvements in human communities, such as increasing the autonomy of drones or making social networks more resilient to misinformation.
AMD's chip and software launch poses the first real threat to Nvidia's dominance in artificial intelligence, as it introduces its GPUs in the Instinct MI300 family and software ecosystem called ROCm to compete with Nvidia's CUDA platform.
Terraform Labs co-founder Do Kwon has appealed his extradition from Montenegro to either the United States or South Korea for his alleged involvement in a multibillion-dollar crypto asset securities fraud.
Senate Minority Leader Mitch McConnell, who had been advocating for continued aid to Ukraine, is now leading a filibuster against a bill to fund it, underscoring his waning influence within his party on foreign policy matters.
Geoff Keighley, the creator and host of The Game Awards, has provided an update on the upcoming show, promising a special event with world premieres, announcements, and music performances.
Juanita Castro, the sister of Cuban rulers Fidel and Raúl Castro who collaborated with the CIA against their communist government, has died in Miami at 90.
Coinbase will list Jito's governance token, JTO, on its exchange and begin trading on Thursday, coinciding with the start of Jito's anticipated airdrop.
A wide-ranging investigation into the impact of private equity on the US healthcare system has been launched by top Democrat and Republican Senators, seeking information from financial firms about their role in patient care and negative financial consequences, particularly focusing on the closure of hospitals in Pennsylvania and San Antonio.
Guyana is seeking security assistance from the US military to protect its oil-rich region of Essequibo, as Venezuela's plans to grant oil exploration licenses in the area pose a threat to its territorial integrity.
A New York man won two $1 million prizes in the same Mega Millions drawing by matching the first five numbers on both tickets, but missing the Mega Ball number for the $87 million jackpot.
Cash usage in the UK has increased for the first time in a decade, accounting for nearly 19% of transactions in 2022, according to a report by the British Retail Consortium (BRC), signaling a natural return to cash following the COVID-19 pandemic and emphasizing the importance of providing customers with payment choices.
Efforts to reform China's internal passport system, known as hukou, which has tied people's access to services and opportunities to their birthplace, are facing challenges due to concerns over social stability and financial constraints in larger cities.
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Asia-Pacific markets prepare for mixed open as China and Australia trade data is awaited, with economists forecasting a decline in China's November exports and a rise in imports, while oil prices hit their lowest level since June; S&P/ASX 200 loses 0.14% in early trade, Hong Kong's Hang Seng index set for a stronger open, and Japan's Nikkei 225 expected to fall; in the US, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all retreat on Wednesday as investors assess falling inflation data and await jobs report; US crude falls below $70 a barrel, closing at lowest since June; Federal Reserve has achieved a successful soft landing, according to Schwab Asset Management CEO; JPMorgan Chase CEO Jamie Dimon criticizes cryptocurrency and suggests it should be banned; US economy on track for marginal growth in Q4, with GDPNow tracker pointing to 1.3% growth.
Apple executive Steve Hotelling, known for his contributions to innovative technologies such as the iPhone's multitouch screen, Touch ID, and Face ID, is retiring from the company after serving as a vice president overseeing touchscreen technology, health sensors, and Face ID.
Ousted U.S. House Speaker Kevin McCarthy announces that he will leave Congress at the end of this year, raising concerns among Republicans about their narrow majority and the ability to pass important legislation.
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Merit Circle DAO's Sphere NFT marketplace and tech stack, previously compatible with Avalanche, will now also be compatible with Immutable's zkEVM network powered by Polygon, signaling a strategic alliance to expand digital ownership to gamers worldwide.
Beam, an open-source blockchain for gaming, will launch on Immutable zkEVM, a scaling solution powered by Polygon, in order to integrate the network into their products.
JPMorgan Chase CEO Jamie Dimon expresses opposition to cryptocurrencies, stating that he would shut down the industry if he had the power, citing concerns about money laundering and tax evasion.
Republican Rep. Kevin McCarthy, the former U.S. House speaker who was voted out in October, has announced that he will resign and leave Congress by the end of the year, marking the first time in history that a speaker has been voted out of the job and then chosen to resign.
A New York man won $10 million playing the New York Lottery's 200X scratch-off game, making it an annual event for him, after winning the same amount last year.
The Senate examined the risks of AI-caused "doomsday scenarios" and discussed ways to install guidelines to mitigate these risks and enhance national security.
