Artificial Intelligence
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JPMorgan Epstein Scandal: $1B Flows, $365M Settlements Exposed
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JPMorgan Epstein scandal: the bank processed over $1B (1998–2013), kept him after a 2008 plea, and later paid $365M in settlements amid flagged cash activity.
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McDonald’s slams tipped wages: $2.13 base vs full pay in 7 states
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Tipped wages face scrutiny as McDonald’s targets the $2.13 federal rate, praises seven states with full minimums, exits industry lobby, and unveils value meals Sept. 8.
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INSPIRE 2 Giveaway as Revopoint Unveils 3 Scanners, 0.03 mm Precision
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INSPIRE 2 leads Revopoint’s 3-scanner debut: 0.03 mm precision, 11 laser lines, Wi‑Fi 6, 450 g—and a giveaway. RANGE 2 runs 16 FPS. MINI 2 joins the lineup.
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IKEA AI handled 3.2M queries; hard data debunks the meme
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IKEA AI in customer service: Billie handled 47% of queries (3.2M) and saved nearly €13M, while 8,500 staff were reskilled—not mass layoffs yet.
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Hinton’s dire AI unemployment warning: 10–20% risk, profits to soar
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AI unemployment tops Hinton’s 2025 warnings: he pegs existential risk at 10–20% and predicts massive job losses with profits concentrating among corporate owners.
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Multimodal attraction soars: 2025 data show voices and scent matter
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Multimodal attraction: 2025 study of 61 agents and 71 perceivers finds audio–video rated highest, body odour lowest; EEG and motion results reinforce effects.
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Noncompete ban collapses: FTC retreat leaves 30M workers locked in
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Noncompete ban collapses after FTC withdraws appeal on Sept. 5, 2025, leaving 30 million workers—roughly 20%—bound by existing clauses despite earlier rule.
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AI hiring crisis: 65% of employers set to auto-reject in 2025
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AI hiring is accelerating: 65% of employers plan AI rejections in 2025, 91% already use AI, and Gen Z jobs fell 13% in exposed fields; 73% saw faster hiring.
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America’s Social Security value is massive: 69.8M rely, 81% at risk
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Social Security value drives retirement security. With 69.8M beneficiaries and $2.72T reserves ending 2024, 81% of benefits stay payable after 2034.
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Health insurance costs: biggest 15-year surge, 6.5% employer 18% ACA
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Health insurance costs are spiking: employer premiums up about 6.5% and ACA proposals show a 15–18% median hike for 2026, the sharpest in years.
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Hiring Weekly experiment boosts discovery; HN sees 381 posts, -12% MoM
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Hiring Weekly on r/startups maps cofounder and jobs matching from Feb–Mar 2025, as HN logs 381 March posts (-12% MoM, +19% YoY).
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Blood moon fails: 7 data-backed fixes for a 0.5° target on iPhone
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Blood moon photos on iPhone disappoint? The Moon spans ~0.5°, so stay within 2x optical, ISO ~100, tripod, AF/AE lock for sharper eclipse shots.
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Crypto Markets Lifted: BTC $112,140, XRP +4.1% on Rate Cut Hopes
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Crypto markets climb as BTC reaches $112,140, ETH +0.6%, XRP +4.1%. August posted 6.5% BTC drop and $751M ETF outflows, yet a $135K target persists.
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IT tariffs risk $1.4T GDP hit—essential steps to prepare
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IT tariffs could lift chip duties to 50% and trigger a $1.4T GDP drag; see data on 10% baseline tariffs, $537B tech spending, and mitigation steps.
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China cosmetic packaging hits $12.08B: Essential 2025 sourcing guide
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Cosmetic packaging buyers: China’s $12.08B market (2025) grows 7.07% CAGR. Use China Beauty Expo’s 3,200 exhibitors and mono-material 52.2% to source sustainably.