RO-AR.com – Reading this week

Generative AI Celebrated but Not Disruptive Yet: Early claims of AI disrupting entire industries have not yet come to pass, suggesting that the impact might have been overstated. Read moreSilicon Valley’s Dual Marketing: Optimism and Fear: The tech sector in California is known for both its optimism and a less discussed trend of leveraging existential fears as a marketing tool. Read moreFear as a Business Strategy in Tech: Companies like Palantir use fear-mongering about global destruction to captivate investors and… Read more

Consumer Credit Growth Declines in June: The annual growth rate for consumer credit in the UK dropped from 8.4% in May to 8% in June, indicating a slowdown in borrowing. Read moreCredit Card Borrowing Growth Falls: Growth in credit card borrowing decreased to 10.5% in June from 10.8% the previous month, reflecting consumer caution. Read moreNet Consumer Credit Borrowing Reduces: June saw a reduction in net consumer credit borrowing to £1.2 billion, down from £1.5 billion in May. Read moreEconomic… Read more

Google’s AI Expansion Increases Carbon Emissions: Despite ambitions for net zero, Google’s reliance on AI-driven data centres has escalated its carbon footprint. Read more.Revolut Achieves Record Profits: In 2023, Revolut reported a significant profit increase and expanded its customer base to 38 million. Read more.Bank of Ireland Intensifies Tech Hiring: To bolster its digital projects, the bank plans to fill 100 technology roles. Read more.Challenges in Fintech Project Management Revealed: A detailed discussion on the struggles and successes within fintech… Read more

Amazon Workers Strike During Black FridayWorkers at Amazon in the UK are organising a strike during Black Friday to demand higher wages and improved safety measures. Read moreHong Kong Authorities Arrest Debt Collection Gang MembersA recent police operation in Hong Kong led to the arrest of 12 individuals involved in aggressive debt collection practices. Read moreUrgent Call for Action on UK’s Social Health DeterminantsA report highlights the need for urgent governmental action to address social health determinants affecting children in… Read more

Starling Intensifies Legal Actions as Loan Defaults Rise: Amid increasing loan defaults and a regulatory probe, Starling Bank has stepped up legal measures against delinquent debtors. Read more.AI Enters the Political Arena in 2024: Artificial intelligence is increasingly being used in political campaigns, influencing public opinion through targeted advertising. Read more.Neuromorphic Computing Poised to Revolutionize Tech Industry: Innovations in neuromorphic computing could drastically change competitive dynamics in technology by simulating brain processes. Read more.Sainsbury’s Divests Banking Division to NatWest: In… Read more

Monzo Achieves Year of Profitability: Monzo records its first full year of profitability, indicating a pivotal shift in its financial standing. Read moreAI Accelerates Battery Safety Research: Researchers use AI to speed up the search for safer and more effective battery materials. Read moreUK Mortgage Borrowing Peaks: Mortgage borrowing in the UK rises to the highest level since October 2022 as market conditions improve. Read moreGenerative AI Could Increase Corporate Inequalities: The adoption of generative AI technologies is seen as… Read more