Browsing: rewriting

CRM

The concept of spreading risk dates back to the Code of Hammurabi from around 1750 BC in Babylon. In the case of a voyage, merchants could take out a bottomry contract – a maritime agreement where the borrower, often a shipowner, pledged the hull of their vessel as collateral. Matters have evolved: while bottomry was…

For years, we taught bank customers and employees to spot phishing by its flaws: clumsy grammar, an odd sender, a suspicious link. Those tells are vanishing. Fraudsters now have cheaper and better AI tools to create convincing messages, fake websites, cloned voices, and even deepfakes that make victims believe they are dealing with a trusted…

Last week, Meta suffered another major legal setback when a New Mexico jury found Facebook liable for more than 43 million violations of the state’s consumer protection law. It follows the company’s $18 billion settlement about teen social media addiction last month.  

AI is transforming how the pharma industry approaches drug development. On average, the industry invests $2.6 billion to bring a new treatment to market, taking 12 to 15 years with a 10% success rate. But pharma pioneers are leveraging AI to rethink traditional models. Sanofi, for example, is developing a “lab-in-a-loop” that uses AI agents…

For decades, China’s spectacular economic growth was powered by land finance, a fiscal model whereby local governments relied on selling land-use rights and land-backed borrowing as a major source of revenue. To fund development, localities created special-purpose entities, called local government financing vehicles (LGFVs), to borrow off-the-books from banks and bond markets for infrastructure financing…