The Blackstone private equity firm has gobbled down a majority interest in the Jersey Mike’s sub sandwich chain.
Author: admin (Kendrick Williams)
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SPOTLIGHT: HARD TIMES FOR CONSUMER-FACING COMPANIES
Nestlé has pared back its medium-term profit outlook and launched a cost-cutting campaign as part of new CEO Laurent Freixe’s turnaround program for the world’s biggest processed foods maker.
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TECHNOCRACY BRIEFS: GETTING AI TO LOVE HUMANKIND, AND LOWBALLING WORKER REPLACEMENT
OpenAI’s Sam Altman and AI guru Ben Goertzel pretty much agreed this past week that humans need to make sure that AGI (Artificial General Intelligence) and ASI (Artificial Super Intelligence) loves humankind.
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BLOCKCHAIN BATTLES
No crypto is not being “deregulated” under Republican leadership. In fact, clear regulations via passage of new legislative acts of a popularly elected new Congress and President are highly likely in the coming year.
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TRUE TO FORECAST: OTHER COMPANIES ADOPTING THE MICROSTRATEGY STRATEGY
As far back as 2021, we were paying attention to Michael Saylor and his company’s bitcoin strategy. In “THE BITCOIN FIX,” 24 Aug 2021, we profiled Saylor’s views about how Bitcoin could stabilize and solve capital preservation and even wider financial system problems for companies, economies and nations.
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WILL WASHINGTON DESTROY THE WORLD?
Americans who think themselves informed because they watch CNN, read the NY Times, and listen to NPR, regard my warnings about nuclear war as disinformation, even hysteria.
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IF AI TAKES ENTRY-LEVEL JOBS, WHERE WILL SENIOR LEADERS COME FROM?
In law, accounting, and corporate work in general, new hires are given rote tasks: research, analyzing data, preparing presentations, checking and adjusting routine financial models, and so on.
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CHINESE TECH GIANTS ARE RECRUITING IN SILICON VALLEY
Stymied by U.S. bans on selling or sending cutting-edge AI tech to China, three of China’s biggest tech companies are trying to edge around the embargos by opening offices in Silicon Valley to recruit the same AI talent creating the technologies the companies are forbidden to buy.
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U.S. SANCTIONS FREEZE CHINA’S AI CHIP PROGRESS
Huawei Technologies, China’s flagship chip producer, will use years-old “7-nanometer” technology in creating the next two iterations of its leading-edge “Ascend” AI chips, people familiar told Bloomberg.
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AI IS RESTAURANTS’ NEW CHIEF MARKETING OFFICER
At a time when restaurants are struggling to lure diners, Yum Brands—owner of KFC, Pizza Hut, and Taco Bell—is using AI to bring in more business.