Robert Redford Dead at 89: Meryl Streep & More Stars React

Robert Redford Dead at 89: Meryl Streep & More Stars React

While he was passionate about filmmaking, Redford was also an activist for the climate. In 2005, he founded the Redford Center, a nonprofit dedicated to “environmental impact filmmaking,” per its website. Through its mission, the center states that its films have “halted the construction of harmful coal plants, restored the Colorado River Delta, reconnected people…

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Elon Musk’s xAI lays off 500 people training its Grok chatbot

Elon Musk’s xAI lays off 500 people training its Grok chatbot

Elon Musk’s artificial intelligence startup xAI has laid off 500 workers from its data annotation team, which helps train its Grok chatbot. The layoffs were earlier reported by Business Insider. The AI company notified employees over email that it was planning to downsize its team of generalist AI tutors, according to messages viewed by the…

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STI edges down 0.1% on Monday, bucking regional trend

STI edges down 0.1% on Monday, bucking regional trend

Across the broader market, advancers outnumber decliners 319 to 240 after 1.7 billion shares worth S$1.4 billion change hands [SINGAPORE] The Straits Times Index (STI) inched lower on Monday (Sep 15), bucking regional indices. The STI closed down 0.1 per cent or 5.82 points at 4,338.42. Across the broader market, advancers outnumbered decliners 319 to…

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Hedge fund Arrowpoint seeks US$400 million in new money by March

Hedge fund Arrowpoint seeks US0 million in new money by March

The performance and fund-raising plans stand out in a market where investors’ appetite for multistrategy, multimanager hedge funds has begun to abate [HONG KONG] Arrowpoint Investment Partners aims to raise as much as US$400 million of fresh capital by the first quarter, as the multistrategy hedge fund firm expands the number of investment teams, said…

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