Would you buy stock in a company whose own scientists think the product might kill you?
A former Anthropic employee said he was quitting this week and that AI companies are “gambling with our lives.”
Similar Posts
Illinois bank approaches $10B-asset mark with latest deal
Key insight: HBT Financial is bolstering its presence in Illinois by acquiring another in-state rival. What’s at stake: If completed, the pending deal would be HBT’s 12th since 2007. As part of the transaction, the seller’s mortgage banking business would be sold or would cease operations prior to the deal closing. Forward look: The acquisition…
Singapore Fintech Association Launches Payments Code To Raise Transparency, Consumer Protection
“Payments touch almost every part of daily life in Singapore, and people deserve to know exactly what they are paying and what protection they have,” Singapore FinTech Association (SFA) President Holly Fang said as the industry group launched a new code of conduct aimed at strengthening transparency and consumer protection across the city-state’s payments sector….
CIRO permanently bans former BMO advisor who stole from elderly clients
Tahsin admitted to misappropriating client funds between July 31 and August 15, 2024, contrary to Mutual Fund Dealer Rule 2.1.1. She was registered as a dealing representative with BMO Investments in Toronto from February 5 to September 5, 2024, and worked at the same time as a personal banking associate with Bank of Montreal, which…
Airwallex expands to autonomous finance—though still ‘not the best time’ for IPO
Airwallex president Lucy Liu invokes a car metaphor to describe one of her company’s newest products. “It’s like assisted driving, like you have in a Tesla,” she says to describe T:0, an automated bookkeeping system that can run a company’s entire financial department on its own. “You still have someone in the driver’s seat, but…
Fed’s Cook: Fed running out of room for disnflation to return
Cook’s remarks add to a building chorus of Fed officials flagging openness to tightening, a shift traders will read as hawkish after last week’s split decision to hold rates steady. With three dissenting votes already on record favouring a hike, markets may start pricing higher odds of a rate increase at the next meeting, particularly…
Bengaluru Parking Rules 2026: Park Outside Your Home to Cost Up to Rs.25k/Year; Check New Fees, Rules & Fines
News Published: Friday, August 14, 2026, 21:00 [IST] Parking a car on the road outside your house in Bangalore will soon become costlier. The Karnataka government has issued a draft Greater Bengaluru Area Parking Rules, 2026, proposing annual residential parking permits of up to Rs. 25,000 for vehicles parked on designated public roads. Under the…
