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Most Recent GOOG News
A range of factors have led to the drop in gas prices – and not all of them are positive. Fears of a potential recession and concerns about China’s Covid lockdowns have hurt energy prices. Other factors include fewer than expected disruptions to Russia’s oil flows and the record-setting release of oil by the Biden administration from emergency reserves.
— CNN (December 2) (Pocket)
Black Friday online shoppers embrace Buy Now Pay Later amid high inflation and recession fears but still drive sales to record $9.1 billion
But consumers, already spending more on fuel, food, and other essentials, did embrace more flexible ways to shop online, according to data released Saturday by Adobe Analytics, which tracks retailers’ website sales. In the week of Nov. 19-25, Buy Now Pay Later (BNPL) revenue spiked 81% compared to the week before. And orders made using BNPL jumped 78%.
— Fortune (November 28) (Pocket)
Americans are not planning major cuts in holiday spending this year, starting with Black Friday, despite inflation fears and the risk of recession being top concerns among the majority of consumers, according to an annual survey conducted by CNBC and SurveyMonkey ahead of the first big shopping weekend of peak season.
— CNBC (November 26) (Pocket)
Stocks Less Than 20 Points From Critical Breakout Level Over the the past two weeks we have repeatedly underscored - despite growing anger and resistance in the comment section and elsewhere - that while fundamentals remain bearish and will likely drag stocks to the low 3000s in early 2023 as recession fears overtake inflation concerns, the market technicals are extremely bullish, and growing even more so with every passing day (see "Year-End Rally Driven By $5BN In CTA Buying And $10BN In Buybacks Every Day" for Nov 13 ). 25 trading days left: cue the chase pic.twitter.com/XS4ouYQPza — zerohedge (@zerohedge) November 22, 2022 It wasn't just us of course: two of the biggest Wall Street bears ...
— ZeroHedge Opinion (November 24) (Pocket)
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— Financial Times (November 24) (Pocket)
Tech companies that rode the growth wave during the pandemic years have now begun to cut down their workforce amidst fears of a looming recession. Earlier this month, Meta announced that it was trimming its workforce, and Amazon too, has followed suit.
— Interesting Engineering (November 24) (Pocket)
The spread between 2- TMUBMUSD02Y, 4.508% and 10-year Treasury yields TMUBMUSD10Y, 3.757% ended the New York session at minus 76 basis points. In other words, the 10-year yield traded 76 basis points below the yield of the 2-year note. That’s the most deeply inverted level since Oct. 5, 1981, when the spread dropped to minus 79.4 basis points and the fed-funds rate was around 19% under then-Federal Reserve Chairman Paul Volcker.
— Market Watch (November 23) (Pocket)
MOTHER. There can scarcely be a more emotive word in the English language. We can imagine children howling it as they wake from nightmares, and centenarians whispering it on their death beds. A 2004 survey proclaimed it the most beautiful word in English, and artists have evoked it in countless poems and plays. Yet even though it can conjure home and hearth in a scant two syllables, mother is perhaps most remarkable for its deluge of cousins. From Dutch (moeder) to Czech (matka) to Bengali (ma), dozens of languages have words that share a common root with mother, tying English to a cobweb of tongues that straddles almost every continent.
— New Scientist (November 24) (Pocket)
Wolverhampton was the local authority with the largest percentage of people with Panjabi as a main language (6.5 percent, 17,000). The English region with the overall largest proportion of people who had Urdu as a main language was the North West (0.8 percent, 59,000). However, Slough in the South East was the local authority with the largest proportion (4.3 percent, 7,000).
— Weekly Standard (November 30) (Pocket)
English and French are different languages that use the same alphabet, but Chinese uses an entirely different one. New research suggests that the brain of a bilingual person who knows two alphabets is different from that of a bilingual person who only knows one alphabet. The research, which has not yet been peer-reviewed, has been published to the BioRxiv preprint server. Visual word form area When we learn to read, a small region of the cerebral cortex becomes highly sensitive to the letters and words of the script. This region lies within a patchwork of regions, each specialized to recognize a specific category of visual stimuli, such as faces or objects, based on their geometric features.
— Big Think (November 30) (Pocket)
Rob asks: I would love to see you write on how AI changes the value of language learning, at the margin. Two thoughts: The value of learning languages in order to “get” a culture more deeply probably doesn’t change much. On the other hand, international students probably have much less incentive to learn English — […] The post AI and language learning
— Marginal Revolution (November 26) (Pocket)
Germany-based network of websites and Facebook accounts amplify clickbait content to monetize web traffic via Google AdSense and e-commerce
SUMMARY This investigation, which took place between May and August 2022, shows that a network of German- and English-language Facebook pages are using the platform to build an online following of millions which can be financially exploited. We identified this network by analyzing various open-source information, such as Google Analytics and AdSense codes, web infrastructure, … Continued
— Health Feedback (November 24) (Pocket)
Thailand has a deserved reputation as one of the easiest places to travel in Asia. There’s an amazing amount to see, hassles are limited, English-language signs and menus are commonplace and you can get around easily, at almost any time of day or night.
— Lonely Planet (November 22) (Pocket)
One of the latest applications of Artificial Intelligence (AI) is to generate images from natural language descriptions. These generators are now becoming available and achieve impressive results that have been used for example in the front cover of magazines. As the input to the generators is in the form of a natural language text, a question that arises immediately is how these models behave when the input is written in different languages. In this paper we perform an initial exploration of how the performance of three popular text-to-image generators depends on the language. The results show that there is a significant performance degradation when using languages other than English, especially for languages that are not widely used.
— arXiv (November 19) (Pocket)
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