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Wall Street Banks Are Reportedly Weighing Cutting Analyst Hiring by 2/3

AI is coming for Wall Street: Banks are reportedly weighing cutting analyst hiring by two-thirds.Big banks on Wall Street could pull back hiring plans as they lean more heavily on AI.New junior analyst hires could end up being cut by as much as two-thirds, sources told the New York Times.Banks have already been exploring AI software under nicknames, sources said.Incoming junior Wall Street anal...

Langdock Raises $3M with General Catalyst to Help Companies Avoid Vendor Lock-in with LLMs

Plenty of large corporations want to join the AI revolution, but many feel it’s too early to be locked into one foundational model. That means there’s a market for a layer between companies and large language models (LLMs) — something companies can use to pick LLMs easily without needing to commit for all time to one platform.That’s the market Langdock is targeting with its chat interface t...

Internet Advertising Up 7.3%, Reaching Record High in U.S.

U.S. internet advertising climbed to $225 billion in 2023, with double-digit growth from retail media, CTV and audio ads, according to IAB/PwC report.U.S. internet advertising reached a record $225 billion in 2023, a 7.3-percent increase year-over-year, according to the latest IAB report on U.S. ad revenue, conducted by PwC.Digital ads boomed in the fourth quarter when the growth rate spiked to...

(Video) Car Manufacturer Polestar is Launching Its First Phone on April 23

While Tesla’s building charging stations, Polestar is setting its sights on a different kind of charge—the sort you hold in your hand. The electric vehicle maker is revving up to launch its very own smartphone, the Polestar Phone. With a look that screams Scandinavian cool, the Polestar Phone sports 2.2mm-thin bezels, a supersized display with a 21:9 aspect ratio, and a clean white aesthetic...

AI Stock Frenzy Spurs $50 Billion ETF Boom in Taiwan

Investors seeking to benefit from the artificial intelligence updraft are rushing into funds tracking local tech companies.From early morning to late night, growing numbers of Taiwanese find themselves glued to YouTube videos, Facebook groups or online forums offering tips about exchange-traded stock funds. With much—in some cases all—of their savings sitting in ETFs tracking Taiwanese equiti...

(PDF) Capgemini - The Art of Software

As the global economy enters a software-led, digital era, software has gone from a good-to-have tool to a key asset for competitive success and value creation.In this Capgemini Research Institute report, The art of software: The new route to value creation across industries, we look at how organizations can utilize software-driven transformation to capture today’s opportunities.Organizations e...

(Patent) Apple is Seeking to Patent an “Enhanced Meditation Experience” Using “Bio-feedback.”

Apple wants you to breathe in for four, out for eight. Various implementations disclosed herein include devices, systems, and methods that provide customized feedback content during a meditation experience. For example, an example process may include obtaining physiological data via one or more sensors, determining that an attentive state based on the physiological data, customizing feedback co...

(Infographic) 47th Semi-Annual Taking Stock With Teens® Survey, Spring 2024

The Piper Sandler equity research team now has more than 61 million data points around teen preferences and spending in the 23 plus years of researching teens. To see the full list of key findings, view the report summary and request the full survey report, visit pipersandler.com/teens.“We are excited to share the results of our spring 2024 Taking Stock With Teens® survey which offers an in-d...

(Paper) Crafty Quadcopter Sits on Power Lines to Recharge

The drone is intended to draw power from lines that it's already been tasked with inspecting.Battery life wouldn't be an issue for drones if they could just recharge on power lines as needed. That's exactly what an experimental new quadcopter can now do, allowing it to stay aloft pretty much indefinitely.Developed by scientists from the University of Southern Denmark, the charging technology co...

 

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