BusinessReutersChinese state media, AI companies warn of risks in ChatGPT stock frenzy
Chinese state media on Thursday cautioned against risks in chasing ChatGPT-concept stocks, while artificial intelligence (AI) companies urged investors to be rational after their soaring share prices caught regulators' attention. Frenzy around the ChatGPT chatbot has spurred speculative bets in China's stock market, pumping up AI firms such as TRS Information Technology Co Ltd, Hanwang Technology Co Ltd and CloudWalk Technology Co Ltd. ChatGPT, developed by OpenAI and backed by Microsoft Corp, gives strikingly human-like responses to user queries.
NewsAFP News'Operation Exodus': Brazil miners flee Yanomami land
Wearing broken flip-flops held together by a frayed cord, Joao Batista, an illegal gold miner in the Brazilian Amazon, has been walking for days to escape the jungle, fleeing a looming security-force crackdown.- 'Real criminals' - The crackdown is stoking tension in the region, where an entire economy has developed around the illegal gold industry.
NewsAFP NewsDeadly quake puts Erdogan under pressure in May polls
The stakes could hardly be higher for Turkish President Recep Tayyip Erdogan."Twenty years later, we are in no better place," she told AFP. "Erdogan has not only weakened state institutions but he also weakened Turkish civil society."
NewsAFP NewsBiden says US not seeking conflict with China, despite balloon flap
President Joe Biden said Wednesday the United States is not looking for conflict with China despite heightened tensions over last week's downing of a Chinese balloon that US officials say was part of a spy fleet spanning five continents.But he also stressed that the United States did not want conflict with China.
NewsAFP NewsTurkish quake survivors face big freeze in cars, tents
Temperatures in the quake-stricken Turkish city of Gaziantep plunged to minus five degrees Celsius early Thursday but thousands of families spent the night in cars and makeshift tents -- too scared or banned from returning to their homes.Restaurant manager Burhan Cagdas said he had been sleeping in a car since Monday's quake because of his family's "psychological" opposition to returning home.
ScienceAFP NewsMars rover finds rippled rocks caused by waves: NASA
NASA's Curiosity rover has found wave-rippled rocks -- evidence of an ancient lake -- in an area of the planet expected to be drier, the US space agency said Wednesday.Curiosity had previously found evidence that lakes once covered parts of Mars in the salty minerals left behind when they dried up.
PoliticsHuffPostTwitter Explodes Over Lauren Boebert's Clueless State Of The Union Tweet
The Colorado Republican appeared to forget who was president in 2020.
NewsReutersSpaceX curbed Ukraine's use of Starlink internet for drones -company president
SpaceX has taken steps to prevent Ukraine's military from using the company's Starlink satellite internet service for controlling drones in the region during the country's war with Russia, SpaceX's president said Wednesday. SpaceX's Starlink satellite internet service, which has provided Ukraine's military with broadband communications in its defense against Russia's military, was "never never meant to be weaponized," Gwynne Shotwell, SpaceX's president and chief operating officer, said during a conference in Washington, D.C.
BusinessReutersSustainalytics downgrades three Adani companies' governance scores
Sustainalytics downgraded corporate governance-related scores for three of India's Adani Group companies on ethics concerns, the sustainability ratings company said on Wednesday, citing questions a short-seller raised last month. The lowered scores, including for Adani Green Energy and Adani Transmission, come after a Jan. 24 report from short-seller Hindenburg Research alleged accounting fraud and stock manipulation at the sprawling Indian conglomerate, hammering the shares of its listed companies and the wealth of founder Gautam Adani. Representatives for Sustainalytics, a unit of Morningstar Inc, said its clients received research this month elaborating on the downgrades.
NewsAFP NewsTwo children killed in 'deliberate' bus crash into Quebec day care
A bus driver rammed his vehicle into a day care center near Montreal Wednesday, killing two four-year-old children in what police believe was a deliberate act."We think that this is deliberate, but we don't know the motive," local police chief Pierre Brochet told AFP. The 51-year-old suspect, named as Pierre Ny St-Amand, seemed agitated as he appeared via video link in court later Wednesday.
PoliticsAFP NewsBiden touts building economy for 'forgotten' Americans
US President Joe Biden hit the road Wednesday in Wisconsin, touting his plan to rebuild the blue-collar economy a day after a rousing State of the Union speech that reinforced expectations the 80-year-old will declare he's seeking a second term.But his Tuesday night address to Congress laid out what amounted to a campaign platform, which he returned to during a visit with union labor apprentices in DeForest, a small town in Wisconsin -- the crucial swing state that Biden narrowly won in 2020.
PoliticsHuffPostSen. Rick Scott Is Mad That Biden Attacked His Plan To Put Social Security At Risk
The Florida Republican wants federal laws to end in five years unless extended. But he says suggesting he wants to cut Social Security or Medicare is a lie.
NewsAFP NewsPutin likely approved MH17 missile supply, investigators say
International investigators said Wednesday there were "strong indications" that Russian President Vladimir Putin personally approved the supply of the missile that shot down Malaysia Airlines flight MH17 over Ukraine in 2014."There are strong indications that a decision was made at presidential level, by President Putin, to supply... the Buk TELAR" missile system, Dutch prosecutor Digna van Boetzelaer said.
NewsHuffPostMemphis Man’s $5 Million Suit Alleges Cops In Tyre Nichols' Arrest Also Beat Him
Monterrious Harris, 22, said the same five officers unlawfully roughed up and arrested him on false charges only three days before Nichols' fatal traffic stop.
NewsHuffPostLA County Passes New Gun Control Measures After Recent Mass Shootings
Local officials said they must act to "protect lives" because Congress won't.
NewsAFP NewsZelensky presses Europe for more weapons 'as soon as possible'
Ukraine's President Volodymyr Zelensky on Wednesday made his first visits to Britain and France since the Russian invasion almost one year ago, pressing his allies for more weaponry and in particular fighter jets.Macron pledged that France would help Ukraine to victory in fighting the Russian invasion and would press on with efforts to deliver arms.
PoliticsHuffPostA Million-Strong ‘Army Of Environmental Super Voters’ Seeks New Recruits In 2 Red States
The Environmental Voter Project is expanding to Louisiana and Nebraska ahead of key state elections.
BusinessReutersCrypto exchange Kraken under scrutiny for sale of unregistered securities- Bloomberg
The regulator's inquiry is at an advanced stage and could result in a settlement with the San Francisco-based platform in the coming days, the report added. Kraken declined to comment on the report. The SEC did not immediately respond to a request for comment.
BusinessAFP NewsStocks diverge as tech stocks dip
Stock markets wavered on Wednesday, with tech shares falling and investors digesting President Joe Biden's calls for tax hikes amid lingering worries over a worsening corporate profit outlook.Analysts pointed to a weakening corporate earnings outlook due in part to worries over central bank actions.
PoliticsHuffPostHe Paid $1 Million For Destroying Wetlands. Now He’s Fighting Clean Water Rules In Congress.
Rep. John Duarte (R-Calif.) paid a hefty fine for plowing federally protected streams and wetlands on his farm. He now sits on the House subcommittee with jurisdiction over water resources.
BusinessReutersSorry crypto world, but SEC isn’t backing down on ‘regulation by enforcement’
For as long as I’ve been covering U.S. Securities and Exchange Commission litigation against crypto targets, the industry has harshly criticized the commission for bringing one-at-a-time enforcement actions as a way to set crypto regulatory policy, instead of engaging in formal rulemaking or waiting for Congress to pass legislation that clarifies when U.S. securities laws apply to digital assets. In the latest example, a onetime Coinbase Global Inc manager who was accused last year of insider trading by both the U.S. Justice Department and the SEC moved this week to dismiss the SEC’s complaint, arguing, among other things, that he didn't know the Ethereum-based crypto tokens he traded would be defined as securities by the SEC. The ex-Coinbase employee, Ishan Wahi, pleaded guilty on Tuesday to conspiring to commit wire fraud, but even at the plea hearing in his criminal case, Wahi insisted that the relevant tokens were not securities.
PoliticsHuffPostThe Best Part Of Joe Biden's SOTU Address Happened After It Was Over
Most networks didn't air it, but the president stuck around for a while cracking up Supreme Court justices, telling stories and giving people comfort.
PoliticsHuffPostSo Did Joe Biden And Republicans Agree On Social Security And Medicare Last Night?
Biden's back-and-forth with Republicans may have been an early turning point in the debate over federal spending.
BusinessReutersRobinhood revenue rises on higher rates, plans share buyback from Emergent
(Reuters) -Robinhood Markets Inc reported higher fourth-quarter revenue on Wednesday, as interest income surged at the online brokerage, and announced plans to repurchase its shares from Sam Bankman-Fried's Emergent Fidelity Technologies. "Our Board authorized us to pursue purchasing most or all of our shares that Emergent Fidelity Technologies bought in May 2022," said Chief Financial Officer Jason Warnick. In January, a U.S. attorney told a judge that prosecutors were in the process of seizing shares tied to Bankman-Fried who has been charged with fraud in the collapse of the major cryptocurrency exchange FTX.
BusinessReutersFTX gets court approval to subpoena founder Bankman-Fried, other insiders
Failed crypto firm FTX received court approval on Wednesday to issue subpoenas to its founder Sam Bankman-Fried and members of his family as part of the company's investigation into "misappropriated and stolen" funds. FTX, a once-prominent crypto exchange, filed for bankruptcy protection in November amid allegations that Bankman-Fried used FTX customers' money to prop up the balance sheet of the FTX-affiliated hedge fund Alameda Research. FTX said that it needs more information from former insiders, including its indicted founder, to identify misspending that could be clawed back to repay FTX's customers.
