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Argentina's Milei sings hard rock at book launch
Argentina's Milei sings hard rock at book launch
Business and Economy
by  AFP

In a tie and leather jacket, Argentina's President Javier Milei rocked out in front of thousands of fans during the launch of his latest economics book in Buenos Aires Wednesday night. Then, in another twist, he launched into a lengthy lecture from his 13th book "Capitalism, Socialism and the Neoclassical Trap."

AI relies on mass surveillance, warns Signal boss
AI relies on mass surveillance, warns Signal boss
Business and Economy
by  AFP

The AI tools that crunch numbers, generate text and videos and find patterns in data rely on mass surveillance and exercise concerning control over our lives, the boss of encrypted messaging app Signal told AFP on Thursday. "The AI technologies we're talking about today are reliant on mass surveillance," she said.

US new home sales miss expectations in April
US new home sales miss expectations in April
Business and Economy
by  AFP

Sales of new US homes were weaker than analysts expected in April, government data showed Thursday, with slower mortgage demand appearing to bog down the number of transactions. While sales data can be volatile and revised later, the April selling pace was lower than the first quarter average of 653,000, noted Rubeela Farooqi, chief US economist at High Frequency Economics.