With the U.S. Department of Education’s “involuntary collections” on federal student loans now underway, millions of borrowers face a “default cliff,” reports show. A new analysis by TransUnion found that as of April, 31% of student loan borrowers with a payment due are in “late-stage delinquency,” or over 90 days past due on payments. That’s the highest share the […]
What’s driving Wall Street’s stablecoin interest? Trillions
After a brief pullback this week, shares of stablecoin issuer and recent IPO darling Circle were in rally mode again, soaring double-digits on a percentage basis during trading on Thursday and ending the day up close to 8%, after having moved up by more than 600% percent since its debut on the New York Stock […]
Vogue’s Anna Wintour to relinquish head of editorial content role
NEWYou can now listen to Fox News articles! Anna Wintour is shifting her position at American Vogue. Wintour informed staff members on Thursday that she would be looking for someone to take over her role at Vogue and handle more of the day-to-day operations, according to the Associated Press. Wintour has served as editor-in-chief since […]
Disney Just Threw a Punch in a Major AI Fight
Michael Calore: So publishing is definitely at the top of the list of industries that have been worried about AI plagiarizing original work, and we should all know because we’re all in the publishing industry. But then there’s the content that is the opposite of thoughtful, human-made work, and that is AI slop. The term […]
Meta Hires Ex-OpenAI Top Talent For AI Research
Tech company Meta has hired Trapit Bansal, a former key researcher at artificial intelligence company OpenAI, who was central to developing the firm’s o1 reasoning AI model. Bansal is the latest ex-OpenAI researcher to join the Meta team, following the addition of Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai, according to TechCrunch. The hires are […]