Hennes & Mauritz, the Swedish fashion retailer, reported a 6-percent decline in sales at the beginning of its third quarter as bad weather kept shoppers away from its stores in June.
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MAJOR NEW LAWSUIT TARGETS GENERATIVE AI IP THEFT
Major music record labels including SONY, Atlantic and UMG have filed a lawsuit against two leading generative AI music companies.
PUTIN SAYS RUSSIA WILL PRODUCE NEW NUKES IN RESPONSE TO U.S. ESCALATION
Russian President Vladimir Putin announced last week that his country will begin to produce new intermediate-range nuclear-capable missiles in response to Washington’s decision to arm European and Asian countries with nukes.
IRAN DEMANDS FULL WITHDRAWAL OF U.S. TROOPS FROM SYRIA
The Iranian government called on the U.S. to completely withdraw its forces from Syria and accused Washington of intentionally prolonging the instability in the country to impose its will on the Syrian people.
ECONOMIC UPDATE—MARKET OVERVIEW
Dot.com Bust 2.0 coming? Not according to The Street. It’s a Nvidia world of AI... which is no surprise to Trends Journal subscribers. “AI WE OWN YOU” was a Top Trend for 2023.
HYPER-ECONOMICS, HYPER-DEBT, AND ANOTHER GREAT DEPRESSION
According to the Congressional Budget Office, U.S. Debt is expected to exceed FIFTY-FOUR TRILLION DOLLARS by 2034.
U.S. TELLS ISRAEL IT WILL HAVE ‘FULL SUPPORT’ IF IT GOES TO WAR WITH HEZBOLLAH
The Biden administration continues to prove that U.S. support for Israel is “iron clad”—especially in an election year—and assured the genocidal government that it will have Washington’s full support if it goes to war with Hezbollah.
SYNTHETIC DEVOLUTION: HOW TO DO AWAY WITH “UNFORTUNATE” REALISM IN AI
New AI research sponsored in part by Meta has again shown how AI developers are intent on inculcating their preferred biases into generative AI systems.
PICK THE ONE YOU HATE LEAST: RECORD NUMBERS OF AMERICANS DISLIKE TRUMP AND BIDEN
Americans will be holding their noses when they vote in the 2024 Presidential Election this November, according to a new poll that shows a record number dislike the incumbent, Joe Biden, and the former president, Donald Trump.
F*CK JOURNALISM, IT’S ONE BIG GAME
News outlets across the U.S. have decided to abandon good-old journalism in favor of putting their resources behind puzzle games that have proven to be a consistent moneymaker for these struggling outlets.