September 25, 2024

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Arbitration Board Rules in Favor of Nippon Steel’s $14.9 Billion Buyout of U.S. Steel, Union Remains Opposed

Key Points Arbitration board rules favor Nippon Steel's $14.9 billion buyout of U.S. Steel. United Steelworkers union opposes the decision despite the arbitration ruling. The union criticized the arbitrators for accepting Nippon Steel’s commitment to honor the Basic Labor Agreement. The acquisition deal faces political opposition, with Kamala Harris and Donald Trump advocating for U.S. Steel to remain American-owned. On Wednesday, U.S. Steel (X.N) announced that an arbitration board had ruled in favor of Nippon Steel's (5401.T) $14.9 billion buyout...

Latest September 25, 2024

FTC Takes Action Against Companies Misusing AI for Deceptive Practices

Key Points FTC took action against five companies for using AI in deceptive ways, including DoNotPay and Rytr. DoNotPay settled with the FTC, agreeing to pay $193,000 and notify customers about its limitations, but did not admit wrongdoing. Rytr stopped offering a review generation tool used to create fake product reviews after the FTC's settlement. The FTC emphasized that there...

Nanoscale Solar Cells: Wisdom Reflections

In the realm of renewable energy, nanoscale solar cells shine as beacons of innovation and hope. These miniature powerhouses harness the sun's power at the tiniest scales, inviting us to reflect upon the profound wisdom they offer for a more sustainable future. Nanoscale solar cells embody the elegance of miniaturization. They teach us that the smallest solutions can sometimes have...

Strava Introduces Quick Edit Feature for Improved Privacy and Customization

Key Points Strava has launched Quick Edit, a feature allowing immediate access to privacy settings after syncing an activity. Users can modify who can view their data and hide details like routes, start times, pace, and heart rate. The feature allows users to customize activity titles, upload media, and access advanced edits like gear updates and workout types. Strava hopes...

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