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One of the best known non-bank banks is Starbucks – “a bank dressed up as a coffee shop”. […] “McDonald’s is a real estate company dressed up as a hamburger chain” and “Harvard is a hedge fund dressed up as an institution of higher learning”. […] The company had offered a gift card since 2001 but Schultz [Starbuck’s CEO] revitalized it, pairing it with a new loyalty program […] In 2010, Schultz put the card on an app […] more than 60% of the company’s peak morning business in the US comes from Starbucks Rewards members who overwhelmingly order via the app. The program has 33 million users, equivalent to around one in ten American adults. these users load or reload around $10 billion of value onto their cards each year […] not all of it gets spent at once. As at the end of March, $1.9 billion of stored card value sat on the company’s balance sheet waiting to be spent – kind of like customer deposits. To give that some context, 85% of US banks have less than $1 billion in assets. Unmasking the Banks Inside Starbucks, Carnival, Naked Wines, Delta, Travel + Leisure

US has the highest rate of maternal deaths among high-income nations. Norway has zero

Costco is building out an ad network built on its trove of loyalty membership data, using its 74.5 million household members’ shopping habits and past purchases

In the last few months, Meta started to sneakily train its generative AI tool on Instagram posts. Now, some artists are jumping ship to a lesser-known portfolio app, Cara, to protect their work from AI data scrapers.

If you are a professional, if you are under NDA with your clients, if you are a creative, a lawyer, a doctor or anyone who works with proprietary files - it is time to cancel Adobe

Microsoft is about to launch a new AI-powered Recall feature that screenshots everything you do on your PC. Recall doesn’t perform content moderation, so it won’t hide information like passwords or financial account numbers in its screenshots.

Due to national security concerns, the U.S. government prohibits Nvidia from selling AI chips like the A100 and H100 directly to Chinese companies. The restrictions don’t prevent Chinese firms from renting chips for use within the U.S. — ByteDance is allegedly leasing servers with chips from Oracle. ByteDance reportedly had access to over 1,500 H100 chips and several thousand A100s last month through the Oracle deal. China Telecom, a large state-owned wireless carrier, has sought a similar deal with other cloud providers. How ByteDance Got the Best AI Chips Despite U.S. Restrictions

Known as “Roaring Kitty” on YouTube and “DeepF***ingValue” on Reddit’s popular WallStreetBets, Gill was a key figure in the so-called “Reddit rally” in which shares of GameStop surged 1600% at one point in Jan. 2021, crushing hedge funds that had bet against the videogame retailer. But after drawing congressional and regulatory scrutiny for his role in the extraordinary saga, Gill quickly disappeared, albeit much richer thanks to his GameStop investment which at one point reached $48 million in value. […] Then out of the blue Gill appeared in recent weeks to resurface online, sending GameStop’s shares soaring once again. On Monday, they rose 21% after Gill’s Reddit account posted a screenshot showing a $116 million bet on the stock. On Thursday, they surged almost 50% after Gill’s YouTube account scheduled a livestream for 12 p.m. ET (1600 GMT) on Friday.

World’s first wooden satellite wooden Moon shelters are also planned

chocolate manufacturers combine a paste made from cacao seeds with sugar. Lots and lots of sugar […] the few health benefits provided by the chocolate bean are swamped by ingredients that increase the risk of diabetes and cardiovascular disease. […] To address this stark imbalance, a team of researchers reinvented the chocolate recipe from the ground up

During the Renaissance period, hands were as important a focus of attention as the face was, because they were the only other visible area of the body. […] Given its high visibility, hand gestures in portraits and paintings have been one of the most effective ways of conveying secrets, codes and messages. […] There is a peculiar hand gesture that is widely used by painters of several nationalities belonging to the Renaissance, Mannerism, Baroque and later artistic movements: It is an unnatural position of one or both hands in which the third and fourth digits are held tight together, as if almost fused, resembling syndactyly, and the second and fifth fingers are separated from the central ones. This paper will examine the eventual hidden meanings behind this peculiar hand gesture.

The Talk: Bernie Sanders & Slavoj Žižek and The Talk: Kanye West & Elon Musk





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