Writing the summary…
Microsoft's Nadella says AI needs an ‘emergency brake’ that humans control
Source: CNBC
Original reporting
CNBC: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
Related stories
The Guardian
Why we’re stuck with a Premier League in the clutches of the global mega-rich | Jonathan Wilson
There’s little prospect of the model changing in a country that welcomes wealthy international owners with open arms Football, the world’s most popular sport, played by laws drawn up in London in 1863. The Premier League is the UK’s greatest soft power export. Premier League clubs are owned by a deputy prime minister of Abu Dhabi, the public investment fund of Saudi Arabia, a billionaire based in Monaco for tax reasons and a disappointing assortment of investors and private equity funds. And what, really, could be more British than that? Football truly is the national game. What the Manchester City case has exposed is just how difficult it is to regulate some of the richest and most powerful bodies in the world. While the wait for the verdict was frustrating, it’s perhaps unavoidable given the possibility of legal objection at every turn when a leaked email from City’s in-house lawyer du
CNBC
Stocks saw new highs and big declines: How the volatile AI trade moved last week's market
Looking to balance out our AI exposure, we put more of our sizable cash pile to work.
CNBC
JPMorgan makes bullish call in fixed income space, suggests it's a once in a generation opportunity
Why Priya Misra, a portfolio manager at the firm, is looking to take credit risk in high-quality companies.
BBC Business3 outlets
Trump announces deal for Russian diesel as Zelensky calls it a gift to Putin
US president says agreement needed to lower fuel prices, but move likely to create fresh crisis with Ukraine and Nato allies Donald Trump is on a fresh collision course with Volodymyr Zelenskyy and European allies after his stunning agreement to buy Russian diesel upended years of US and western pressure on the Kremlin to end its war against Ukraine. Zelenskyy reacted furiously to Trump’s announcement of the deal with Vladimir Putin on Friday, calling it “absolutely terrible” and “not fair and not honest”. Continue reading...
CNBC
Vance says Microsoft replaced laid-off workers with foreign hires. Here’s what the visa data shows
The administration barred Microsoft and seven other firms from sponsoring green cards over claims they favor foreign workers. Here's what the visa data shows.
CNBC
How de-extincting dire wolves and woolly mammoths may extend human life
Colossal Biosciences CEO Ben Lamm says bringing extinct species back can contribute to conservation, healthcare and developmental biology.