Bloomberg China Producer Prices Jump, Adding to Global Inflation Risks (Bloomberg) — China’s producer prices rose at the fastest pace in more than two years in February, joining more expensive oil, computer chip shortages and soaring shipping costs as tailwinds for global inflation pressures.The Chinese producer price index rose 1.7% from a year earlier, official data showed Wednesday, stronger than economists’ forecasts for a 1.5% increase and up from 0.3% in January. Consumer prices… Source link

Google Maps is making some social media-inspired updates to encourage more user-generated content in the app. The app on Thursday introduced several new features aimed at making Google Maps more interactive, including one that makes it easier for users to share photos of locations they visit. The changes are just the latest in a string of updates in recent months, as Google looks to make Maps not just a place to go for directions, but one where people can plan where to go, Source link

The Daily Beast Republican Retirements Are the Price Mitch McConnell Is Paying for Selling Out His Party to Donald Trump Drew Angerer/GettyIt was already a hard year for Mitch McConnell, having a public late-life crisis after being returned to minority status, and seeing his wife, the former transportation secretary, scrutinized for using their official positions to help a shipping company her family owns. Then Roy Blunt went and became the fifth GOP senator to retire.Blunt cited his 23 years… Source link

(Bloomberg) — Grayscale Investments is making a bet that the approval of a U.S. cryptocurrency ETF is not too far off in the future. The digital-asset management firm has posted at least nine ETF-related positions to LinkedIn, signaling it is anticipating a green light from the Securities and Exchange Commission for a crypto ETF — a goal that has eluded U.S. funds for years. “The race to launch the first Bitcoin ETF is heating up,” said Todd Rosenbluth, director of ETF research for CFRA… Source link

Bloomberg Just How Big and Important Is Sanjeev Gupta’s Metals Empire? (Bloomberg) — Sanjeev Gupta is fighting to save his sprawling empire after Greensill Capital, its biggest lender, collapsed into administration.While the markets for GFG Alliance’s steel mills and aluminum smelters are buoyant, a court filing revealed on Monday that Gupta’s group had told Greensill in February that it would be insolvent without its funding.That casts a shadow over operations that employ about 35,000… Source link

If you’ve ever been frustrated by a road simply not existing on Google Maps, the company’s now making it easier than ever to add it. Google will be updating its map editing experience to allow users to add missing roads and realign, rename or delete incorrect ones. It calls the experience “drawing,” but it’s closer to using the line tool in Microsoft Paint. The updated tool should be “rolling out over the coming months in more than 80 countries,” according to a blog post.

Google Maps is adding “Photo Updates,” a way of sharing experiences and highlights with photos. Google Google Maps wants to help small businesses — while also better positioning itself as a one-stop shop for those looking for reviews and photos on local establishments. The company today announced the “Local Love challenge,” which is Google Maps’ first nationwide challenge, rallying users to leave helpful reviews, photos and updates across the… Source link

Google, Facebook, and other big tech companies may have to negotiate deals with US news publishers to pay them for content if new bill passes. The bipartisan bill is led by Senator Amy Klobuchar and Representative David Cicilline, both Democrats. It’s sponsored by Senator John Kennedy and Representative Ken Buck, both Republicans. If passed, the bill will introduce legislation that will make it easier for news publishers to enter collective negotiations with companies like Google and… Source link

In September, Timnit Gebru, then co-leader of the ethical AI team at Google, sent a private message on Twitter to Emily Bender, a computational linguistics professor at the University of Washington. “Hi Emily, I’m wondering if you’ve written something regarding ethical considerations of large language models or something you could recommend from others?” she asked, referring to a buzzy kind of artificial intelligence software trained on text from an enormous number of… Source link

“Hi Emily, I’m wondering if you’ve written something regarding ethical considerations of large language models or something you could recommend from others?” she asked, referring to a buzzy kind of artificial intelligence software trained on text from an enormous number of webpages. “Sorry, I haven’t!” Bender quickly replied to Gebru, according to messages viewed by CNN Business. But Bender, who at the time mostly knew Gebru from her presence on Twitter, was intrigued by the question. Within… Source link