People often blame social media algorithms that prioritize extreme content for increasing political polarization, but this effect has been difficult to prove. Only the platform owners have access to ...

The EU is threatening to take action against the social media company. It could be the start of a global reckoning. Katie is a UK-based news reporter and features writer. Officially, she is CNET's ...

HSBC Holdings Plc is preparing to hand some bankers little or zero bonuses as the 160-year-old British lender seeks to emulate its Wall Street rivals with a more hard-edged, “eat-what-you-kill” stance ...

X is revamping the algorithm that ranks posts in the "For You" feed. The engineering team said it will post changes to the algorithm on GitHub every four weeks, including explainers on changes. The ...

This is read by an automated voice. Please report any issues or inconsistencies here. Central bankers from around the world said Tuesday they “stand in full solidarity” with U.S. Federal Reserve Chair ...

More than 100 community bank leaders are urging U.S. senators to close what they describe as dangerous loopholes in stablecoin legislation, warning that trillions of dollars could migrate out of ...

Volatility in the banking industry has given rise to fears of a recession and stagflation in the U.S., and new data from American Banker finds that smaller institutions see themselves as the most ...

Social media algorithms shape what users see, influencing emotions, perceptions, and mental well-being in ways that often go unnoticed. This article examines how these automated systems can amplify ...

The United States on Tuesday imposed sanctions on a group of bankers, financial institutions and others accused of laundering money from cyber crime schemes — money the Treasury Department says helps ...

More than 100 former investment bankers from JPMorgan Chase (NYSE:JPM), Morgan Stanley (NYSE:MS) and Goldman Sachs (NYSE:GS) have joined OpenAI's (OPENAI) secretive Project Mercury to help train AI ...

OpenAI has formed a new team of over 100 former investment bankers under a new initiative internally called “Project Mercury.” The project pays contractors, many of whom are former employees of ...

LONDON, Oct 15 (Reuters) - Senior bankers in Britain will receive their bonuses earlier than previously thought, the Bank of England said on Wednesday, after it halved the length of time needed to ...