According to the Washington Post, George Carlin’s estate is suing the creators of an online comedy special that claimed to imitate the late comedian’s voice and sense of humor using artificial intelligence. Questions: Source: Chery, S. (2024) George Carlin’s estate sues over AI comedy special. The Washington Post, January 26 (Retrievable online at https://www.msn.com/en-us/news/us/george-carlin-s-estate-sues-over-ai-comedy-special)
Posts Categorized: Accounting Principles
Dietary Supplement or Over the Counter Opiod?
According to the New York Times, tianeptine, found at convenience stores, at smoke shops and online, can mimic an opioid. It is among a growing class of dietary supplements that are difficult to control. Questions: Source: Hoffman, J. (2024). ‘Gas-Station Heroin’ Sold as Dietary Supplement Alarms Health Officials. The New York Times, Jan. 10 (Retrievable… Read more »
Changing relations with China require reconsideration of AI lab
According to the New York Times, when Microsoft opened an advanced AI research lab in Beijing in 1998, it was a time of optimism about technology and China. Questions: Source: Weise, K., C. Metz, and D. McCabe (2024). Microsoft Debates What to Do With A.I. Lab in China. The New York Times, Jan 10 (Retrievable online… Read more »
Hacker surprise sets off brief market frenzy!
According to the Washington Post, a false hacker post at the SEC’s official account on the social media platform X (previously Twitter), set off a brief frenzy among crypto traders before the agency regained control. Questions: Source: Menn, J. (2024). Hackers seize control of SEC’s X account to promote crypto. The Washington Post, Jan. 10… Read more »
This Year’s Large-Scale Layoffs and Their Companies
According to the Washington Post, some of the deepest cuts have occurred in the tech and media sectors such as Microsoft, Amazon, Salesforce, HP, and the parent companies of Google and Facebook. Questions: Source: Mark, J., H. Shaban, A. Gregg, and J. Bogage. (2023). These are some of the notable companies laying off workers. The… Read more »
E.L.F. Makeup – Profile Rising Due to Social Influencers
According to the Washington Post, companies such as E.L.F., Essence and NYX have flourished as beauty influencers — particularly on TikTok and YouTube — raised their profiles, and as entrenched inflation made many consumers reassess their spending. Questions: Source: Peiser, J. (2023). Viral ‘dupes’ make E.L.F. the makeup brand of the moment. The Washington Post,… Read more »
No more U.S. Steel
According to the Washington Post, Japan’s largest steelmaker, Nippon Steel, will purchase U.S. Steel in a, a deal valued at $14.1 billion. Questions: Source: Tan, E. (2023). U.S. Steel will be acquired by Japan’s Nippon in a $14.1 billion deal. The Washington Post, December 18 (Retrievable online at https://www.washingtonpost.com/business/2023/12/18/us-steel-nippon-acquistion)
No Deal
According to Reuters, U.S. health insurer, Cigna (CI.N) has ended its attempt to negotiate an acquisition of rival Humana (HUM.N) after the pair failed to agree on price. Questions: 2. Cigna is still exploring the sale of its Medicare Advantage business. What does this segment focus on? 3. Cigna is planning to do a total of how much total… Read more »
Big Buyout?
According to CNBC, Arkhouse Management and Brigade Capital Management have offered to buy Macy’s Inc. for $5.8 billion, according to people familiar with the matter. Questions: Source: Picciotto, R. (2023). Macy’s receives $5.8 billion buyout offer, sources say. CNBC.com, 12/10/23 (Retrievable online at https://www.msn.com/en-us/money/companies/macy-s-receives-5-8-billion-buyout-offer-sources-say/ar-AA1liroj?)
Did “Skimpflation” invade your Thanksgiving dinner?
Does you favorite food seem to be in smaller proportions than usual? If so, you might want to see if you are being faced with “skimpflation”? Questions Source: George, M. (2023). “Skimpflation” may be slipping by grocery shoppers. Here’s how to spot it. Nov. 27 (Retrievable online at https://www.msn.com/en-us/foodanddrink/foodnews/skimpflation-may-be-slipping-by-grocery-shoppers-heres-how-to-spot-it/ar-AA1kBhsJ).