Daily Artifact, New York, NY (2025)

05/08/2023

Europe's largest energy company, Royal Dutch Shell, reported a 6% increase in Q1 2023 profit to $9.6 billion, which beat analysts' expectations. BP and TotalEnergies, Shell's European rivals, also reported strong profits of $5 billion and $6.5 billion, respectively.

Despite oil and natural gas prices being under pressure, they remain relatively stable. The companies' energy trading arms have played a significant role in profiting from volatile price movements, allowing them to trade across a wide range of fuels.
~ Daily Artifact

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05/08/2023

The White House recently held a meeting with Silicon Valley CEOs to discuss the risks of artificial intelligence.

The meeting marked the White House's most visible effort to confront the questions surrounding A.I. since the release of tools like ChatGPT. While the technology has captivated the public and accelerated A.I. research, it has also raised concerns about its impact on economies, geopolitics, and criminal activity.

Many worry that powerful A.I. systems could discriminate, displace workers, and even break the law on their own.
~ Daily Artifact

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05/05/2023

The White House summoned tech leaders including Sundar Pichai of Google, Satya Nadella of Microsoft, and Sam Altman of OpenAI, asking them to protect society from the potential hazards of Artificial Intelligence (AI).

The executives were reminded that they hold a "moral" obligation to ensure the safety of the public. Moreover, the White House indicated that it may impose stricter regulations on the industry.
~ Daily Artifact

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05/05/2023

Abdel-Majid was killed when her residence in Bahri, located north of the capital, Khartoum, was struck by shells during the fighting that erupted between the Sudanese army and the paramilitary Rapid Support Forces, as confirmed by her nephew who spoke to CNN.
It remains unclear whether it was the Sudanese army or the RSF that fired the fatal shot.
~ Daily Artifact

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05/04/2023

Two drones crashed into the Kremlin early Wednesday, according to the Russian government, which blamed Kyiv for the attack in the heart of Moscow that could embarrass President Vladimir Putin as he tries to rally support for his war effort in Ukraine.

The Kremlin said no one was injured and no major damage was caused. Ukrainian President Volodymyr Zelensky denied that Ukraine was behind the attack, suggesting that those responsible were domestic opponents of Putin.

The incident raises serious vulnerabilities at the heart of Russian power days ahead of Victory Day, a major Russian holiday commemorating Moscow’s victory over N**i Germany, and comes before Ukraine’s planned offensive aimed at retaking territory from Russian troops in the country’s east and south.
~ Daily Artifact

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05/04/2023

Drug manufacturer Eli Lilly has announced positive results from a clinical trial of an experimental Alzheimer's drug called donanemab. The trial involved 1,736 patients and showed that the drug can slow the progress of Alzheimer's and allow patients to live independently for longer. Donanemab is not a cure, but it could be a turning point in the long search for an effective Alzheimer's treatment.

Dr. Ronald Petersen, the director of the Alzheimer's Disease Research Center at the Mayo Clinic, said that the results were "modest" but "meaningful." However, Dr. Petersen cautioned that patients and their families need to be aware of the risk of brain swelling that can result in death. Three patients in the Lilly trial died from this side effect.
~ Daily Artifact

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05/03/2023

Apple's high-yield savings account received deposits of up to $990 million in the first four days of its launch. More than 240,000 high-yield savings accounts were opened, which represents only 0.002% of Apple's US iPhone users.

The account offers a yield of 4.15%, with no minimum deposits, balance requirements, or fees, and is available to Apple Card customers through its partner, Goldman Sachs.

The success of the account launch highlights Apple's ability to monetize its user base of over 1 billion people. While the interest rate offered by Apple is not the highest among high-yield savings accounts, the convenience it provides to iPhone users is unmatched, with the savings account integrated into the iPhone's Wallet app.
~ Daily Artifact

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05/03/2023

Late-night shows such as "Jimmy Kimmel Live" and "The Late Show with Stephen Colbert" are set to go dark on Tuesday after the Writers Guild of America announced a strike.

Members of the union picketed outside entertainment company gates in Los Angeles and New York, calling for a fair contract. Talks between the WGA and a coalition of major Hollywood studios, networks and streamers failed to produce a new deal by the Monday deadline.

Late-night and variety shows including "The Tonight Show Starring Jimmy Fallon," "Saturday Night Live," "Last Week Tonight with John Oliver," and "Real Time with Bill Maher" are expected to be impacted by the strike.
~ Daily Artifact

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05/02/2023

In the ongoing war in Ukraine's Donetsk region, Russians have suffered 100,000 casualties, including 20,000 killed, since December, according to a recently declassified United States intelligence estimate.

The fiercest fighting has been in the city of Bakhmut, where Wagner troops and other forces are fighting Ukrainian troops house-to-house to gain control of the last remaining road that's still in Ukrainian hands.

On Monday, Russian forces launched a barrage of missiles at the eastern city of Pavlohrad, killing two people and injuring 40. However, Ukrainian air defense crews successfully destroyed 15 out of 18 missiles launched by Russian forces in the early hours of Monday.
~ Daily Artifact

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05/02/2023

Geoffrey Hinton, a bigwig in the world of artificial intelligence, has stepped down from his post at Google after more than a decade. His reason? Worries about the potential dangers of generative AI, reported the New York Times.

Hinton is one of the masterminds behind the technology that powers AI systems used by Google and other tech giants. He fears that if used by bad actors, generative AI could pose a "risk to humanity."

Hinton's departure comes at a time when many tech leaders and researchers are calling for a halt to the development of new AI systems due to the potential threats they pose to society and humanity.
~ Daily Artifact

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05/01/2023

Jack Dorsey, co-founder of Twitter, has criticized Elon Musk's leadership of the social media platform since his company bought it.

Dorsey stated on social media platform Bluesky that "it all went south" after Musk took over Twitter and also expressed his belief that Musk's timing was bad and the board should not have forced the sale.

While Dorsey once called Musk a "singular solution" for Twitter, he now feels Musk is not the best leader for the company. It's worth noting that Dorsey had reportedly been encouraging Musk's takeover behind the scenes.
~ Daily Artifact

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05/01/2023

The internet turned 30. On April 30, 1993, CERN launched the World Wide Web, the brainchild of British physicist Tim Berners-Lee, marking the beginning of the internet age.

The idea slowly took shape as Berners-Lee created individual components like URLs, HTML, and the first web browser, eventually transforming the way people shop, seek information, and communicate with each other.

As it enters the middle age, it feels like the AI will now take the main stage.
~ Daily Artifact

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04/28/2023

Turkish citizens living abroad have started casting their ballots in national elections that will determine whether President Recep Tayyip Erdogan continues to lead Turkey after 20 years in power.

The largest groups of overseas voters include 400,000 Turks in France and 1.5 million in Germany who can vote in Turkey's presidential and parliamentary elections until May 9.

Voting in Turkey itself will not take place until May 14. The latest opinion polls show that Erdogan's main challenger, Kemal Kilicdaroglu, is slightly ahead, but it is expected to be a close race.
~ Daily Artifact

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04/28/2023

Former Vice President Mike Pence testified before a grand jury on Thursday, as part of the criminal inquiry into former President Donald Trump's efforts to overturn the 2020 election results.

Pence spent over five hours behind closed doors at the Federal District Court in Washington, after being subpoenaed to testify earlier this year. As a key witness in the investigation, Pence is being questioned about the intense pressure campaign he faced from Trump to block the certification of President Joe Biden's victory.

Pence refused to give in to Trump's demands, and rebuffed his efforts to hold onto power.
~ Daily Artifact

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04/27/2023

OpenAI's ChatGPT can offer quick and cheap access to support, especially in parts of the world where mental illness is taboo. The platform provides a list of recommendations to help manage symptoms but warns it is not a replacement for a therapist.

While the technology behind ChatGPT is still in its infancy, the platform and its fellow chatbot rivals struggle to match humans in certain areas, such as recognizing repeated questions, and can produce unpredictable, inaccurate, or disturbing answers in response to certain prompts.
~ Daily Artifact

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04/27/2023

The bank's market cap fell below $1 billion for the first time after reports that it is seeking financial help from larger banks to offset a slide in deposits. First Republic has lost $100 billion in deposits in Q1 2023.

The drop in deposits at regional banks like First Republic has fueled fears about their survival and concerns that a credit crunch affecting American consumers and businesses could worsen.
~ Daily Artifact

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04/27/2023

Disney has filed a First Amendment lawsuit against Governor Ron DeSantis and a five-member board in Florida, accusing the government of targeted retaliation following Disney's criticism of a Florida education law prohibiting discussion of sexual orientation and gender identity for students.

Since last year, the state of Florida has targeted Disney with various measures at the urging of Governor DeSantis, but Disney's recent lawsuit claims that these measures threaten its business operations and violate its constitutional rights.

Disney had paid and collected $1.2 billion in state and local taxes in 2022 and created 75,000 jobs. Governor DeSantis accused Disney of seeking to operate outside the bounds of the law.
~ Daily Artifact

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04/26/2023

A new study has found that some melatonin gummy brands sold as sleep aids contain dangerous levels of the hormone.

The study tested 25 different melatonin gummy products, with only three containing melatonin levels within 10% of what was listed on the label.

One product contained 347% more melatonin than the listed amount, while another that listed melatonin actually contained no melatonin at all, but rather cannabidiol (CBD).

Although melatonin is generally safe, excessive intake can result in dangerous effects on the body, including vomiting or trouble breathing.

Why doesn’t the government take action?

Read more: www.dailyarifact.com

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