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Healthcare World

Online media and the adolescent mental health crisis

Rates of suicidal thoughts and suicide attempts among teenagers have risen significantly in several countries over the past decade. This column examines the impact of high-speed internet expansion on adolescent mental health in Spain. The results suggest that access to high-speed internet significantly increased behavioural and mental health cases among girls aged 15 to 19. […]

Economy Finance World

Action Needed on Debt Crisis

At the World Bank Group-IMF Spring Meetings this week, I will be advocating strongly for sound development solutions for the mounting challenges facing developing countries. Resolving the impasse in debt restructurings, especially for the world’s poorest countries, is going to be at the center of discussions.  On Wednesday, I will co-chair, with IMF Managing Director Kristalina […]

Technology World

Samsung to cut chip output to ride out downturn; shares rally

 Samsung Electronics Co Ltd said on Friday it would make a “meaningful” cut to chip production, following the lead of smaller rivals, as it grapples with a sharp global downturn in semiconductor demand that has sent prices plummeting. The unusual output cut by the world’s biggest memory chipmaker – with no previous announcement recalled by Samsung […]

Business Technology

China’s Alibaba invites businesses to trial AI chatbot -media

 Tech giant Alibaba is seeking companies to test its Tongyi Qianwen AI chatbot, business publication STAR Market Daily reported on Friday, joining the rush to emulate the explosive success of ChatGPT. The free-to-use ChatGPT, a large language model (LLM) application created by Microsoft-backed  OpenAI, was released to the public last November and can generate articles and essays […]

Technology World

GM’s Cruise recalls 300 self-driving vehicles to update software after bus crash

 General Motors’ robotaxi unit Cruise LLC is recalling the automated driving software in 300 vehicles after one of its driverless vehicles crashed into the back of a San Francisco bus. The March 23 collision was the fault of a software error in a Cruise automated vehicle (AV) that inaccurately predicted the movement of an articulated San […]

Business Finance tax

WeWork adopts shareholder rights plan to protect ability to reduce future tax bills

WeWork Inc on Friday said it has adopted a “poison pill” to limit its shareholders from increasing stakes, which would make it difficult for the company to use its net operating loss (NOL) carryforwards to reduce tax. As of Dec. 31, 2021, WeWork had about $6.9 billion of U.S. federal NOLs and $6.6 billion of state […]

Energy World

U.S. opens safety probe into Tesla that struck student in North Carolina

U.S. safety authorities said on Friday they are investigating whether an advanced driver assistance system was in use when a Tesla struck a 17-year-old student that exited a school bus in North Carolina. The National Highway Traffic Safety Administration (NHTSA) said Friday it would open the special crash investigation into a incident in which 51-year-old […]

Business Finance

McDonald’s cuts pay packages for some employees – WSJ

– McDonald’s Corp is cutting pay packages for some employees as part of a restructuring that includes layoffs and the shutting down of some offices, the Wall Street Journal reported on Friday, citing people familiar with the matter. Reuters on Monday reported that the number of corporate employees the company was planning to lay off this week will […]