McDonald’s Says Algorithms Don’t Set Big Mac Prices. Franchisees Say They’re Pressured to Follow Them

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Amazon said artificial intelligence labs should ensure models are safe and fully tested before releasing them but did not call for the industry to slow down, Reuters reported Thursday (Sept. 17). Reuters asked Amazon for the company’s views after several other large AI labs called for a slowdown in AI development in response to concerns…

Every time you make a phone call, stream a video, or connect to Wi-Fi, your device is sending and receiving invisible signals through the air. So are your baby monitor, garage door opener, your GPS, the weather-monitoring satellites, and the radars keeping planes safely apart. All of these rely on the same invisible resource: the…

Cross-border payments company Nium has debuted a stablecoin-focused funding program. USDC funding lets businesses finance their Nium accounts with the USDC stablecoin and pay out in fiat, thus extending the company’s payout network to businesses holding stablecoins, the company announced Thursday (Aug. 27). “For years, moving money across borders has meant a familiar trade-off: prefund…

DTCC and iCapital will also examine the use of current and emerging technologies in alternative investments. Credit: FON’s Fasai/ Shutterstock.com. The Depository Trust & Clearing Corporation (DTCC) has invested in iCapital as part of a collaboration focused on private markets infrastructure. Financial term of the deal remains undisclosed. Access deeper industry intelligence Experience unmatched clarity…

Financial advisors focusing on the federal estate tax exemption may overlook a significant planning risk: State estate taxes can apply at far lower asset levels and create costly surprises for clients who own homes or split time in multiple states. Processing Content While the federal estate tax exemption is $15 million per person, some states…