Author: Arabian Media staff
JPMorgan Chase is trying to use AI to cut down its headcount.At the company’s annual investor day on Monday, JPMorgan’s CEO of consumer and community banking, Marianne Lake, 56, gave a presentation predicting that AI would allow the bank to reduce employee numbers by 10% in the operations and account services departments. The operations division processes statements and payments, while the account services unit manages day-to-day transactions.Related: JPMorgan Says Its AI Cash Flow Software Cut Human Work By Almost 90% Lake, who runs Chase Bank and its credit card business, said that 10% was a modest estimate — the bank…
The 2025 Webby Awards theme may have been “All Good,” as the annual ceremony celebrated the best of the internet from the past year, but host Ilana Glazer wasn’t shy about going after politics or the more problematic elements of technology. Glazer kicked off the evening by joking that the “All Good” theme was selected because an alternative like “‘The Broligarchy’s Speeding of the Onslaught of Facism in the Face of the Climate Catastrophe at the Point of No Return’ would have bummed everybody out.” As she continued her monologue, Glazer spoke about the continued uncertainty around the fate of…
Promising review: “This is the best thing you never knew you needed. I own a digital clock with the numbers displayed in red LED light, and every night I’ve blocked the light with a cover so it doesn’t shine in my eyes as I sleep. Silly, I know, but I like my room pitch black and cave-like. On a whim, I bought this product. OH MY GOD! Game-changer!! For the first night EVER, I didn’t have to cover the clock display before I went to bed!! I had no idea how big a difference this little dimmer could make, but…
Salt-N-Pepa is taking Universal Music Group (UMG) to court to regain control of the duo’s masters, alleging in a new lawsuit that the record label is refusing to honor copyright clawback rights and has instead “punished” the legendary hip-hop act by removing some of its music from streaming. The lawsuit, filed Monday (May 19) in New York federal court, accuses UMG of ignoring Salt-N-Pepa’s so-called “termination rights” under Section 203 of the Copyright Act. This provision allows artists who sign over their master recordings to regain control of that intellectual property 35 years after a song’s release. UMG owns Salt-N-Pepa’s…
The girls’ trip was just one of several Sophie—who shares daughters Willa, 4, and Delphine, 2, with ex Joe Jonas—has embarked on in recent months. In January, she shared photos from her vacay in South Asia, writing on Instagram, “Who knew that all it takes to be happy is tea tasting, perfume making, breathwork, sound therapy, spotting dolphins, watsu, cooking classes, turtle snorkeling, massages and getting burnt on the beach with your besties in the Maldives.” “#WhoKnew,” Sophie added. “#JoyOfWeightlessness.” However, the caption only fueled rumors of trouble in paradise between the Do Revenge actress and boyfriend Peregrine Pearson, who many fans…
In 2022, JPMorgan Chase CEO Jamie Dimon called cryptocurrency “decentralized Ponzi schemes” at a U.S. House Financial Services Committee hearing. “I’m a major skeptic on crypto tokens, which you call currency, like Bitcoin,” he said at the time.But on Monday at JPMorgan’s annual investor day, Dimon said that JPMorgan Chase, the U.S.’s largest bank, will allow its clients to buy Bitcoin, per CNBC.Related: JPMorgan Chase Says AI Could Cut Headcount By 10% in Some Divisions: ‘We Will Deliver More'”We are going to allow you to buy it,” Dimon said. “We’re not going to custody it. We’re going to put it…
Once again navigating a labyrinth of corruption and bad behavior inside contemporary Egypt, writer-director Tarik Saleh delivers another solid, thought-provoking thriller with Eagles of the Republic. Both entertaining and insightful, not to mention darkly funny in its first half, the Swedish-Egyptian filmmaker follows up The Nile Hilton Incident and Cairo Conspiracy with a crime-ridden drama about a famous actor who’s forced to play President Abdel Fattah El-Sisi in a biopic, then pays a high price for his success. Reteaming with star Fares Fares, who headlined the above-mentioned films, Saleh completes what could be considered his Cairo trilogy, with each movie…
Wool Couture Company is a UK-based Etsy shop established in 2014 that specializes in knitting, crochet, weaving, and macrame craft kits. You can get one of three kinds of kits: a Basic Kit, which comes with a loom and instructions; a Starter Kit, which comes with a loom, two weaving needles, instructions, a mounting bar for hanging, and a cotton ball of warp to hold your work; and a Quintessential Kit, which comes with everything in the Starter Kit, plus the merino wool for weaving. Promising review: “It’s simple to use, the wool I received in the set is of…
LONDON — Dua Lipa has been named as the U.K.’s most-played artist across radio, TV and public places in 2024, surpassing Ed Sheeran, Taylor Swift and more. This is the second time she has achieved the feat, having first done so in 2020. On Tuesday (May 20) collection society PPL (Phonographic Performance Limited) shared its annual report into the U.K.’s most played music over the past year, with its data reporting the music played on radio, TV and in public places across the UK, including shops, bars, restaurants, gyms, offices and more. Lipa, who released her third album Radical Optimism…
At the heart of India’s booming dairy sector lies a quiet paradox: while the country leads the world in milk production, millions of its small dairy farmers struggle with low yields and thin margins. Samrat Kaushik, a seasoned data strategist and IIM Ahmedabad alumnus, saw this firsthand during visits to gaushalas and rural dairy farms. What he discovered set him on a mission that would become Moo Rakshak—a precision cattle nutrition platform aimed at transforming what goes into India’s dairy animals to fundamentally change what comes out.<div class="externalHtml embed" contenteditable="false" data-val="” align=”center”>The Spark Behind the StartupKaushik’s two-decade career in automation…
