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3 arguments for and against AI watermarks

Anthropic’s move to place invisible watermarks within Claude-generated text is dividing the tech community.Claude models launched on or after August 2 will have an “imperceptible watermark” embedded in their text output, and Anthropic says it also plans to add support for older models. The AI lab says the mark travels…

British Pound gathers strength to near 1.3550 as Fed hike bets fade, UK jobs data loom

The GBP/USD pair gains momentum to around 1.3550 during the early Asian trading hours on Tuesday. The US Dollar (USD) softens against the British Pound (GBP) as cooler US inflation data have prompted traders to reduce bets on a US Federal Reserve (Fed) rate hike. The UK employment report will be in the spotlight later on Tuesday.The weak US Retail Sales, along with softer-than-expected Consumer Price Index (CPI) and Producer Price Index (PPI) inflation data…

Finance news

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Business

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Less than one week after Mark Walter shockingly sold the Los Angeles Lakers to Bob Iger and Josh Kushner, the Buss family is now relinquishing its own shares to the new majority owners.  The Buss family decided to sell the remaining 17.8% ownership stake in the iconic NBA franchise to…

Markets

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L3Harris Technologies said on Monday that CEO Christopher Kubasik stepped down from the role after an investigation by the board of directors found he engaged in misconduct, which led to the company reaching a separation agreement with him and naming his successor. L3Harris’ announcement didn’t disclose the specific findings of…

Investing

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