When creating a more senior position or needing to fill a current one, leaders need to decide where to go for that talent. On one hand, promoting from within rewards loyal employees who may be interested in moving up and gaining new responsibilities. On the other hand, they may not have the capabilities or experience to fill that role. Hire them when they’re not ready, and they could fail, harming your business and causing management challenges. Don’t hire them, and you could experience other management issues: They may feel hurt that an external hire was brought in for a role…
Author: Staff Writer
The instructions were clear: He had four days to make each victim fall in love.And there were a lot of victims. Online, Safeer Mohammed Koorimannil, who was trafficked to a scam center in Myanmar, impersonated a 28-year-old Singaporean woman named Ella. On a typical shift, he said, he chatted with more than 100 people across dozens of profiles at the same time, as supervisors prowled among the desks with electric batons.In just a month, Koorimannil targeted some 50,000 victims from at least 17 countries, according to records he smuggled out to The Associated Press. His “clients” included a widowed tailor…
For women who are in the market for a new job, the key to getting hired might be something unexpected: weight loss drugs. A new study published this month found that unemployed women who took GLP-1 drugs like Ozempic and Wegovy noticeably increased their chances of getting hired. The study, which has yet to be peer reviewed, found that the employment rate among women who were not working jumped by 27% after they had taken weight loss drugs for 18 months. “The estimates show that GLP-1 weight loss changes outcomes on precisely the margins where visible body weight should affect…
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 594.21 points or 0.86% to 70,062.32 • Shanghai increased 20.496 points or 0.50% to 4,094.397 • Hang Seng decreased 145.66 points or -0.63% to 22,881.02 • ASX 200 decreased 44.70 points or -0.51% to 8,778.70 • SENSEX decreased 249.70 points or -0.33% to 76,478.67 • Nifty50 decreased 80.50 points or -0.34% to 23,865.75 The major Asian currency markets had a mixed day today: • AUDUSD increased 0.00342 or 0.50% to 0.69207 • NZDUSD increased 0.00303 or 0.54% to 0.56793 • USDJPY increased 0.637 or 0.39%…
In an effort to combat the threat of flesh-eating parasitic flies, The US Department of Agriculture (USDA) turned to a surprising solution: sterile flies. On June 27, the USDA inaugurated a 22,000-square-foot sterile fly production plant in Metapa, Mexico, with plans to release them in response to rising cases of the New World screwworm, a type of parasitic fly that is deadly to animals. According to the USDA, the facility has been under construction for the last 11 months, and has been a collaborative effort between the current administration and the Mexican government. The facility’s inauguration arrives at a critical…
Kara Swisher is everywhere.She’s filling in for Joy Behar on ABC’s “The View.” Appearing alongside Meryl Streep in “The Devil Wears Prada 2.” Starring in a CNN documentary. Preparing a national tour. And churning out four podcasts most weeks featuring long-form interviews and commentary.It’s a ubiquity born of more than three decades chronicling the technology industry with a professed indifference to power that vaulted her into a rare echelon of journalism celebrity.She harnessed that reputation to persuade rivals Steve Jobs and Bill Gates to appear onstage together and make Mark Zuckerberg so uncomfortable under questioning that he broke out into…
The newest teacher at San Diego charter school chain Altus Schools stands 6’2″, has bright blue eyes, and a bald head. It is also a robot. Ameca, which the school touts as the “world’s most advanced AI-powered humanoid robot,” is the name of a pair of robots purchased by the school for a combined, eyebrow-raising figure of $500,000. The purchase is raising questions among parents and community members. Altus expects the ChatGPT-enabled robots to be onsite this fall. Principal Cathryn Rambo wrote in an email to families that she was “thrilled to be the first school in the world researching…
For the past two years, Europe has been asking itself a question that sounds strategic but may be profoundly misleading: how can we compete in artificial intelligence if we do not control the largest frontier models? The question is understandable. The most visible AI companies are American. The most powerful models are trained by companies with enormous access to capital, compute, talent, and energy. The public imagination has been captured by the model race: who has the biggest model, the longest context window, the best benchmark score, the most impressive demo, the most persuasive chatbot. From that perspective, Europe looks…
For six decades, I’ve had a front-row seat to how the world actually works—not from a classroom or a newsroom, but from the trading floor, the negotiating table, and behind closed doors with governments across the globe. That experience isn’t something you can Google. It’s earned, and it’s what I’ve finally put into book form. There will be two other books on the Economic Confidence Model and the Geometry of Time. I am 76 year old, this is what I am leaving behind. I am not doing this for profit or to solicit money for management. Everyone has a shelf-life…
The World Cup has already given fans around the world historic moments to remember—from Curacao scoring on Germany, Cape Verde’s surprising run, and Mexico’s flawless group stage performance. And while the soccer competition is mostly about, well, soccer, a separate competition is brewing on the sidelines: style. As the remaining teams battle for the trophy, Fast Company is handing out its own award for the best dressed team. We’ve narrowed down the field to our top 10 teams, who, regardless of how they perform on the field, you will want to watch for the jerseys alone. [Photo: Adidas] 10. Germany…