Content warning: this story contains descriptions of sexual abuse
ChatGPT was hailed as one of 2022’s most impressive technological innovations upon its release last November. The powerful artificial intelligence (AI) chatbot can generate text on almost any topic or theme, from a Shakespearean sonnet reimagined in the style of Megan Thee Stallion, to complex mathematical theo…
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One year ago, we launched TIME Business, a new franchise devoted to exploring the growing influence of business not only on our economic lives but also as a force shaping society and our collective future. Led by executive editor John Simons, we’ve chronicled everything from the future of work to how American shoppers broke the supply chain. We’ve brought you inside the C-suites wit…
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The feds dropped the hammer on FTX founder Sam Bankman-Fried, arresting him in the Bahamas on Monday night as part of an eight-count indictment that includes wire fraud, securities fraud, and money laundering. Then, more hammer-strokes fell. The Securities and Exchange Commission (SEC), which regulates financial markets, filed civil charges alleging he defrauded his investors and his customers.…
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When the journalist Michael Lewis announced in May that he was writing a book on Sam Bankman-Fried after spending months with the FTX crypto mogul in the Bahamas, it was anticipated to be the definitive account of an era-defining financial collapse. Lewis has a long history of deftly chronicling moments of social and economic sea change, from Liar’s Poker to Moneyball to
Tobacco giant Altria, which owns the maker of Marlboro cigarettes and a stake in vaping company Juul Labs, has for years quietly funded substance-use-prevention training for middle and high school students, despite ample research suggesting that industry-sponsored school programs do not discourage teenagers from smoking—and may in fact do the opposite.
Altria has for more than a dec…
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Bloomberg — Air traffic for the Thanksgiving holiday is expected to approach pre-pandemic levels and travelers are likely considering their plans with some dread, given fresh memories about thousands of canceled flights.“The process of getting there is going to be difficult,” said Stephen Beck, founder of management consulting firm Cg42. “We’re going to have to pre…
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Want a quick summary of the daily news? Inflation. Labor shortages. Supply-chain issues. Omicron. Partisanship. Gridlock. Biden stalled. Trump ranting.
Given that, it’s hardly surprising that many Americans are feeling not so good about the country in general and, more specifically, about this thing we call the economy. Yet, the actual data about our economy point in a radically dif…
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Things aren’t looking good for Donald Trump’s social media platform TRUTH Social—despite the former president’s own bouts of rampant posting.
The fate of the social network is hanging in the balance, as delays continue to plague a $1.3-billion merger that would potentially secure its future. The latest delay came on Monday as a key vote was postponed to November, a…
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M&M’s says it is abandoning its colorful candy mascots because they are too “polarizing” for Americans to handle these days.
The ubiquitous chocolate characters—which have been the face of M&M’s for years—didn’t say anything controversial. But they became the focus of a partisan backlash after the brand, owned by Mars Inc., made a number o…
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“I didn’t know that men could be doctors,” my son said to me when he was about six. We were driving home from a visit to the pediatrician. I was perplexed. But then I realized that the doctor we’d just seen was the first male physician he’d encountered.
I reassured him that men could indeed be doctors. But I was careful to add, “and nurses, of course.&r…
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