Americans’ reliance on credit key to Capital One’s big bet

NEW YORK — Americans have become increasingly reliant on their credit cards since the pandemic. So much so that Capital One is willing to bet more than $30 billion that they won't break the habit. Capital One Financial announced this week that it would buy Discover Financial Services for $35 billion. The combination could potentially [...]

By |2024-02-26T14:29:05-05:00Friday, February 23, 2024|

White House wades into debate on ‘open’ versus ‘closed’ artificial intelligence systems

The Biden administration is wading into a contentious debate about whether the most powerful artificial intelligence systems should be "open-source" or closed. The White House said it is seeking public comment on the risks and benefits of having an AI system's key components publicly available for anyone to use and modify. The inquiry is one [...]

By |2024-02-26T14:29:13-05:00Friday, February 23, 2024|

Georgia Senate passes plan meant to slow increases in property tax bills

ATLANTA (AP) — Georgia senators want to limit how much assessed home values can rise for tax purposes, in an election-year effort to hold down property taxes. The state Senate voted 42-7 last week for Senate Bill 349, which would limit increases in a home’s value, as assessed for property tax purposes, to 3 percent [...]

By |2024-02-26T14:29:18-05:00Friday, February 23, 2024|

NBA on pace for highest scoring season in 50 years

INDIANAPOLIS — There was a week in January unlike almost any other in NBA history. Joel Embiid scored 70 and Karl-Anthony Towns scored 62 one night, followed four days later by Luka Doncic scoring 73 and Devin Booker scoring 62. That's four 60-point games in five days — something the league hadn't seen since 1962. [...]

By |2024-02-26T14:29:25-05:00Friday, February 23, 2024|

Study finds senior citizens may benefit from using virtual reality devices

POMPANO BEACH, Fla. (AP) — Retired Army Col. Farrell Patrick taught computer science at West Point during the 1970s and then at two private universities through the 1990s, so he isn't surprised by the progress technology has made over the decades. When the 91-year-old got his first virtual reality experience recently, however, he was stunned. [...]

By |2024-02-23T11:58:36-05:00Thursday, February 22, 2024|

Chip maker to receive $1.5B in federal funds to expand production

WASHINGTON (AP) — The Biden administration said this week that the government intends to provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont. The announcement is the third award of direct financial support for a semiconductor company under the 2022 CHIPS and Science Act. The [...]

By |2024-02-23T11:58:49-05:00Thursday, February 22, 2024|
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