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To serve a free society, social media must evolve beyond data mining

Apr 12, 2018 14:59 pm UTC| Insights & Views Technology

As Congress and the public wrestle with the Facebook-Cambridge Analytica scandal, many people are now realizing the risks data collection poses to civic institutions, public discourse and individual privacy. The U.K.-based...

Would regulation cement Facebook's market power? It's unlikely

Apr 12, 2018 14:51 pm UTC| Insights & Views Law Technology

Facebook CEO Mark Zuckerberg faced a four-hour grilling from the US Senate Commerce and Judiciary panels yesterday in response to a number of revelations that Russian operatives had targeted Facebook users to influence...

Lawyers keep secrets locked up – so they get asked to do the dirty work

Apr 12, 2018 14:47 pm UTC| Insights & Views Law Politics

Lawyers seem to at the center of lot of scandals lately. President Donald Trumps personal lawyer, Michael Cohen, whose office and hotel were raided by the FBI, is only the latest example. Harvey Weinsteins law firm...

Rebuilding trust in the media from the bottom up

Apr 12, 2018 14:17 pm UTC| Insights & Views Business

America is living in a Facebook moment, where privacy is not private; a Sinclair moment, where local is not local; and a presidential moment, where truth is not true. It seems clear that someone needs to rebuild trust...

Facebook has become a vital part of our democracy

Apr 12, 2018 14:14 pm UTC| Insights & Views Technology

In the wake of the scandal over the misuse of user data by Cambridge Analytica, Facebook has been branded a threat to democracy. But would democracy actually function better without the social networks upon which weve come...

FxWirePro: Shedding some lights on swaption, correlation between USD/JPY spot and US-Japan swap rates

Apr 12, 2018 13:44 pm UTC| Research & Analysis Insights & Views

The lifelessness of FX vols this year in the face of stock market jitters and rise in interest rate volatility has surprised many including us, but at least some allowance can be made there for the unpredictability of...

FxWirePro: USD/JPY diagonal put ratio back spreads, a hedging perspective - Short leg on track of funding long legs

Apr 12, 2018 10:59 am UTC| Research & Analysis Insights & Views

USDJPY has significantly risen from the lows of 104.629 levels to the recent highs of 107.493 levels. Amid major downtrend with minor abrupt rallies, weve already advocated diagonal put ratio back spread about two weeks...

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Economy

Chip Stocks Rally on AI Optimism as Oil Price Surge Adds Market Tension

Oil prices climbed sharply on Monday as stalled U.S.-Iran negotiations continued to disrupt Middle East energy exports, fueling concerns across global markets. Brent crude futures rose nearly 2%, reaching a three-week high...

U.S. Consumer Sentiment Hits Record Low as Iran Conflict Fuels Inflation Concerns

U.S. consumer sentiment plunged to a historic low in April, reflecting growing anxiety over rising inflation and energy costs despite a ceasefire in the Iran conflict. According to the University of Michigans Surveys of...

ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026

The European Central Bank (ECB) is set to meet next Thursday, and recent geopolitical developmentsparticularly the Iran war ceasefirehave temporarily reduced pressure for an immediate interest rate hike. However,...

Brazil Current Account Deficit Widens in March as FDI Misses Expectations

Brazils current account deficit expanded more than expected in March, highlighting growing external pressures on Latin Americas largest economy. According to central bank data, the deficit reached $6.036 billion,...

Araqchi Leads Iran’s Diplomatic Push as U.S. Talks and Oil Market Tensions Rise

Irans Foreign Minister Abbas Araqchi arrived in Islamabad to discuss potential steps toward restarting peace talks with the United States, signaling cautious optimism after weeks of escalating conflict. The ongoing...

Politics

DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects

The U.S. Department of Justice has officially ended its investigation into Federal Reserve Chair Jerome Powell, a decision announced by U.S. Attorney Jeanine Pirro that could significantly impact the future leadership of...

Strait of Hormuz Shipping Crisis Deepens as Traffic Plunges Amid Iran-U.S. Tensions

Shipping activity through the Strait of Hormuz has dropped dramatically, with only five vesselsincluding an Iranian oil products tankerpassing through the strategic waterway in the past 24 hours, according to recent...

India Slams “Hellhole” Remark Linked to Trump Post, Reaffirms Strong US Relations

India has strongly criticized remarks describing the country as a hellhole, calling them uninformed and inappropriate, after U.S. President Donald Trump shared a transcript of a controversial radio segment on his Truth...

Iran Proposes Strait of Hormuz Reopening Deal Amid Stalled U.S. Talks

Iran has reportedly submitted a new proposal to the United States aimed at reopening the Strait of Hormuz and easing ongoing geopolitical tensions, according to a report by Axios citing U.S. officials and sources familiar...

U.S. Budget Airlines Seek $2.5 Billion Government Aid Amid Rising Jet Fuel Costs

A group of U.S. budget airlines, including Frontier Airlines and Avelo Airlines, is reportedly pursuing $2.5 billion in government assistance to offset surging operational costs driven by rising jet fuel prices. According...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips

DeepSeek, a fast-rising Chinese AI startup, has unveiled a preview of its highly anticipated V4 model, marking a major step toward Chinas technological independence. The new model, optimized for Huaweis Ascend chips,...

U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek

The U.S. State Department has launched a global diplomatic effort to highlight concerns over alleged intellectual property theft by Chinese artificial intelligence companies, including startup DeepSeek. According to a...

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...

$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion

Related Digital, a major data center developer, announced on Friday that it has secured $16 billion in financing to support the construction of a large-scale data center campus in Michigan. This significant investment...

U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation

The U.S. State Department has launched a global diplomatic effort to highlight what it describes as large-scale intellectual property theft by Chinese artificial intelligence companies. According to a diplomatic cable...