Tag Archives: Loss

Critics challenge Kalshi rebuttal over retail trading loss classifications and transparency

Critics challenge Kalshi rebuttal over retail trading loss classifications and transparency Suswati Basu     Kalshi’s attempt to counter a Roosevelt Institute analysis of retail trading losses has triggered a wider public dispute, drawing criticism from gambling industry figures and prediction market observers. What began as a disagreement over research methods has changed into questions … Continue reading Critics challenge Kalshi rebuttal over retail trading loss classifications and transparency

Mark Zuckerberg pushes back against AI job loss fears after Meta’s own layoffs

June 30, 2026 Mark Zuckerberg pushes back against AI job loss fears after Meta’s own layoffs BY Ella Chakarian During an interview last week on Complex’s Idea Generation series, Meta CEO Mark Zuckerberg addressed one of the industry’s most contentious points: whether or not AI will lead to widespread employment loss. “There’s a lot of anxiety … Continue reading Mark Zuckerberg pushes back against AI job loss fears after Meta’s own layoffs

California launches a statewide tracker to monitor AI-related job loss

June 25, 2026 California launches a statewide tracker to monitor AI-related job loss BY ella-chakarian California Governor Gavin Newsom just announced a statewide tracker that follows AI-related unemployment claims—and said it’s the first tool of its kind in the country. Created from a partnership between the governor’s office, the California Employment Development Department, and the University … Continue reading California launches a statewide tracker to monitor AI-related job loss

Punter who sued Betfair after almost $2 million gambling loss loses appeal

Punter who sued Betfair after almost $2 million gambling loss loses appeal Sophie Atkinson   Suswati Basu     Lee Gibson, a multimillionaire “problem gambler,” has lost his appeal in the Court of Appeal, after suing Betfair over losing close-to £1.5 million ($ 2 million) on gambling. Gibson claimed that the betting platform had a … Continue reading Punter who sued Betfair after almost $2 million gambling loss loses appeal

Boeing reports $6 billion quarterly loss amid a crippling strike

October 23, 2024 Boeing reports $6 billion quarterly loss amid a crippling strike CEO Kelly Ortberg said Boeing needs ‘a fundamental culture change in the company.’ BY Associated Press Boeing reported a loss of more than $6 billion in the third quarter and immediately turned its attention to union workers who will vote Wednesday whether to … Continue reading Boeing reports $6 billion quarterly loss amid a crippling strike

Some G20 financial regulators are overlooking biodiversity loss and deforestation

July 18, 2024 Some G20 financial regulators are overlooking biodiversity loss and deforestation Regulators who have assessed nature-related risks found that biodiversity and nature loss could result in credit losses, defaults, and abrupt price corrections that pose financial risks to banks and other institutions. BY Reuters Financial regulators and supervisors in some G20 countries are overlooking … Continue reading Some G20 financial regulators are overlooking biodiversity loss and deforestation

Digital advertising braces for signal loss and Privacy Sandbox

IAB Tech Lab CEO Anthony Katsur calls for ‘Great Reset’ for ad industry facing epic changes to addressability and managing consumers’ privacy. Chris Wood on April 2, 2024 Two years ago, IAB CEO David Cohen called the situation adtech faced a “slow-motion train wreck.” Last week, IAB Tech Lab CEO Anthony Katsur called for a … Continue reading Digital advertising braces for signal loss and Privacy Sandbox

Using ChatGPT for homework is correlated with memory loss and bad grades

March 28, 2024 Using ChatGPT for homework is correlated with memory loss and bad grades Researchers in Pakistan found that high use of generative AI for schoolwork was related to harmful educational outcomes. BY Shalene Gupta The world is all abuzz about ChatGPT and the transformative powers it offers, but a new study published in the … Continue reading Using ChatGPT for homework is correlated with memory loss and bad grades