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TD cautious about consumer-facing AI
TD Bank is taking a conservative approach to AI for consumer-facing operations as it taps the tech for back-end efficiencies. “We are very knowledgeable about the benefits of the AI and what that might bring,” Christopher Fred, head of U.S. credit cards and unsecured lending at TD Bank, told Bank Automation News. “We are looking…
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Truist lands Wells Fargo tech leader as CIO
Truist is tapping Wells Fargo CIO of Consumer Technology Steve Hagerman to fill its chief information officer role. Hagerman was the “right person at the right time for our enterprise technology team,” a Truist spokesperson told Bank Automation News, noting that selecting a new CIO was a “thorough process.” The announcement, made today, follows…
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Online Safety Act not fit for purpose after far-right riots, says Sadiq Khan
Exclusive: London mayor warns law must be revisited ‘very, very quickly’ due to falsehoods that contributed to unrest Sadiq Khan on the riots: ‘Like a lot of people of my generation, I felt triggered’ Laws designed to counter misinformation are “not fit for purpose” and must be revisited after the spread of online falsehoods contributed…
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Online Safety Act not fit for purpose after far-right riots, says Sadiq Khan
Exclusive: London mayor warns law must be revisited ‘very, very quickly’ due to falsehoods that contributed to unrest Sadiq Khan on the riots: ‘Like a lot of people of my generation, I felt triggered’ Laws designed to counter misinformation are “not fit for purpose” and must be revisited after the spread of online falsehoods contributed…
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StanChart invests in fintech M&A company, joining Citi, BNP
Standard Chartered Plc will take a stake in United Fintech Group, becoming the fourth large bank this year to invest in the London-based company as it negotiates new acquisitions to serve the capital markets industry. Standard Chartered will get board observer rights and may later receive a rotational board seat, the two companies said on Thursday.…
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What is the UK’s Online Safety Act and what powers will it provide?
New laws expected to come into force in 2025 are under spotlight after online planning of far-right riots in England Online Safety Act not fit for purpose, says Sadiq Khan The Online Safety Act is back in the spotlight after a week of violence driven in part by far-right groups coordinating online, using a mixture…
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Podcasts of the week: Spooky stories of the possessed from the stars of Paranormal Activity
In this week’s newsletter: Katie Featherston and Micah Sloat turn their hand to audio with True Tales of Possession. Plus: five of the best podcasts featuring A-listers • Don’t get Hear Here delivered to your inbox? Sign up here Paranormal Activity: True Tales of Possession Audible, all episodes available Fifteen years after Katie Featherston and…
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Report: Streaming rules in US as linear continues decline
Samba TV, a provider of omniscreen advertising and analytics, has released its latest State of Viewership Report for the first half of 2024. The report analyses approximately 45 billion hours of linear and streaming television consumption and uncovers significant trends and opportunities shaping the television and advertising landscapes. Among its findings, the report highlights an…
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WBD writes down $9.1bn on cablenets
Warner Bros Discovery (WBD) has reported financial results for the quarter ended June 30th 2024. Shares in the media giant dropped by around 11 per cent in extended trading on August 7th after reporting a Q2 loss of $10 billion. This was primarily due to a $9.1 billion (€8.32bn) write-down of the value of WBD’s…
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Podcasts of the week: Spooky stories of the possessed from the stars of Paranormal Activity
In this week’s newsletter: Katie Featherston and Micah Sloat turn their hand to audio with True Tales of Possession. Plus: five of the best podcasts featuring A-listers • Don’t get Hear Here delivered to your inbox? Sign up here Paranormal Activity: True Tales of Possession Audible, all episodes available Fifteen years after Katie Featherston and…