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    Authors ::

    Huileng Tan

    73 posts •


    ChatGPT and AI are going to hit kids 'like a freight train,' warns the boss of a children's nonprofit advocacy
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    warroom 2023-05-19 11:35

    ChatGPT and AI are going to hit kids 'like a freight train,' warns the boss of a children's nonprofit advocacy

    Jim Steyer, founder and CEO of Common Sense Media, said AI will have a big impact on children.Stephen McCarthy/Sportsfile/Getty Images AI technology going to be a "huge issue" in kids' lives, the boss of a...

    Huileng Tan
    H Huileng Tan
    2 min read
    The Chinese EV market is exploding. Here are the 5 major Chinese EV brands you should know about.
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    warroom 2023-05-19 08:30

    The Chinese EV market is exploding. Here are the 5 major Chinese EV brands you should know about.

    The Panda Mini EV from Chinese auto giant Geely.Ng Han Guan/Associated Press China-made EVs are now getting exported to Europe and beyond. They also are poised to enter the US market. China's push for clean energy...

    Huileng Tan
    H Huileng Tan
    6 min read
    American Airlines plane forced to return to Ohio airport after possible bird strike, FAA says
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    warroom 2023-04-24 14:59

    American Airlines plane forced to return to Ohio airport after possible bird strike, FAA says

    An American Airlines flight turned back to the John Glenn Columbus International Airport about 40 minutes after takeoff.AaronP/Bauer-Griffin/GC Images via Getty Images An American Airlines plane bound for Arizona...

    Huileng Tan
    H Huileng Tan
    1 min read
    A Chinese tech company fired an employee for taking medical 'bed rest' on a tropical island instead of recuperating at home
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    warroom 2023-04-24 10:35

    A Chinese tech company fired an employee for taking medical 'bed rest' on a tropical island instead of recuperating at home

    A Chinese tech company in Beijing fired an employee after he spent his bed rest on a tropical island.Visual China Group/Getty Images A tech company fired a man who spent sick leave on a tropical island, per National...

    Huileng Tan
    H Huileng Tan
    2 min read
    Goldman Sachs was fined $3 million after it mixed up millions of 'short' sale orders as 'long.' The culprit was one missing line of code.
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    warroom 2023-04-06 16:31

    Goldman Sachs was fined $3 million after it mixed up millions of 'short' sale orders as 'long.' The culprit was one missing line of code.

    Goldman Sachs was fined $3 million by industry-backed regulator Finra.AP Finra fined Goldman Sachs $3 million for mixing up 60 million short sale orders. The stock orders were mismarked as long sales between October...

    Huileng Tan
    H Huileng Tan
    1 min read
    Japan killed 17 million chickens amid an outbreak of bird flu. Now it's running out of space to bury them.
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    warroom 2023-04-06 12:44

    Japan killed 17 million chickens amid an outbreak of bird flu. Now it's running out of space to bury them.

    Japan killed 17 million chickens amid an outbreak of bird flu. Now it's running out of space to bury them.Kyodo/Reuters Japan culled over 17 million chickens this season amid its worst bird flu outbreak ever, per...

    Huileng Tan
    H Huileng Tan
    2 min read
    China keeps insisting its real-estate market is not in a crisis — even as just about every sign points to the opposite
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    warroom 2023-02-06 14:02

    China keeps insisting its real-estate market is not in a crisis — even as just about every sign points to the opposite

    China's real-estate sector is mired in debt woes.Xu Jinbai/VCG/Getty Images The IMF said in a report on China's economy that the country's property crisis remains "unresolved." But China's hit back at that,...

    Huileng Tan
    H Huileng Tan
    3 min read
    We asked ChatGPT to write a listicle in the style of BuzzFeed. It's obvious why BuzzFeed is going to start using OpenAI tech.
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    warroom 2023-01-27 11:22

    We asked ChatGPT to write a listicle in the style of BuzzFeed. It's obvious why BuzzFeed is going to start using OpenAI tech.

    BuzzFeed will be using OpenAI tech in content generation.SOPA Images/Getty Images BuzzFeed is reportedly set to use ChatGPT creator OpenAI's technology in content creation. BuzzFeed CEO Jonah Perett told staff it would...

    Huileng Tan
    H Huileng Tan
    3 min read
    2023 has barely started and Amazon, Salesforce, and Vimeo have already announced over 25,000 job cuts
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    warroom 2023-01-05 15:52

    2023 has barely started and Amazon, Salesforce, and Vimeo have already announced over 25,000 job cuts

    Ecommerce giant Amazon is conducting its biggest round of job cuts ever.Eduardo Munoz Avarez/AP Amazon will be cutting over 18,000 jobs, CEO Andy Jassy confirmed Thursday. Salesforce said on Wednesday it will cut about...

    Huileng Tan
    H Huileng Tan
    2 min read
    Ex-Alameda CEO Caroline Ellison and FTX cofounder Gary Wang plead guilty to charges and are cooperating with authorities, US attorneys say
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    warroom 2022-12-22 10:05

    Ex-Alameda CEO Caroline Ellison and FTX cofounder Gary Wang plead guilty to charges and are cooperating with authorities, US attorneys say

    Caroline Ellison, the former CEO of Alameda Research.Screenshot from Caroline Ellison's Twitter, @carolinecapital Caroline Ellison, the former CEO of Alameda Research, and FTX cofounder Gary Wang have pleaded guilty to...

    Huileng Tan
    H Huileng Tan
    1 min read
    Chinese hackers stole at least $20 million in US COVID-19 relief cash, the Secret Service says
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    warroom 2022-12-07 16:38

    Chinese hackers stole at least $20 million in US COVID-19 relief cash, the Secret Service says

    The Secret Service is accusing APT41, a Chinese state-sponsored group of cybercriminals, of stealing at least $20 million in COVID-19 relief.Getty Images A Chinese hacker group stole at least $20 million from the US...

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    • Huileng Tan
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    2 min read
    Tim Cook says Apple will use US-made chips for the first time in nearly a decade as the tech giant turns away from Asian manufacturing
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    warroom 2022-12-07 14:28

    Tim Cook says Apple will use US-made chips for the first time in nearly a decade as the tech giant turns away from Asian manufacturing

    TSMC founder Morris Chang and Apple CEO Tim Cook at TSMC's facility in Phoenix, Arizona.Ross D. Franklin/Associated Press Apple will be sourcing chips from TSCM's Arizona plant in the US, said CEO Tim Cook. Apple is...

    Huileng Tan
    H Huileng Tan
    1 min read
    Days after the EU's $60/barrel price cap kicked in, oil prices slump to pre-Ukraine war levels over economic uncertainty
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    warroom 2022-12-07 12:21

    Days after the EU's $60/barrel price cap kicked in, oil prices slump to pre-Ukraine war levels over economic uncertainty

    Oil prices are under pressure.Getty Images Oil futures slumped Tuesday to levels not seen before Russia invaded Ukraine. Traders are worried about oil demand in the face of economic uncertainties. They reduced their net...

    Huileng Tan
    H Huileng Tan
    2 min read
    Days after the EU's $60/barrel price cap kicked in, oil prices slump to pre-Ukraine war levels over economic uncertainty
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    warroom 2022-12-07 12:21

    Days after the EU's $60/barrel price cap kicked in, oil prices slump to pre-Ukraine war levels over economic uncertainty

    Oil prices are under pressure.Getty Images Oil futures slumped Tuesday to levels not seen before Russia invaded Ukraine. Traders are worried about oil demand in the face of economic uncertainties. They reduced their net...

    Huileng Tan
    H Huileng Tan
    2 min read
    Sam Bankman-Fried says he only has $100,000 left in his bank account after FTX collapse: report
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    warroom 2022-11-30 06:50

    Sam Bankman-Fried says he only has $100,000 left in his bank account after FTX collapse: report

    Sam Bankman-Fried resigned as FTX CEO on November 11.Lam Yik/Bloomberg via Getty Images Sam Bankman-Fried said he has "no idea" the status of his personal finances after FTX's collapse. "I had $100,000 in...

    • Erin Snodgrass
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    • Huileng Tan
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    2 min read
    India can buy as much Russian oil as it wants, Yellen says. The caveat: it can't use Western insurance, finance and maritime services.
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    warroom 2022-11-16 14:40

    India can buy as much Russian oil as it wants, Yellen says. The caveat: it can't use Western insurance, finance and maritime services.

    US Treasury Secretary Janet Yellen said G7's price cap on Russian oil will limit Moscow's energy revenue even if there's demand.Brendan Smialowski/AFP via Getty Images India can buy as much Russian oil as it likes, US...

    Huileng Tan
    H Huileng Tan
    2 min read
    Gummy bear maker Haribo rewarded a man who found the company's lost $4.8 million check with candy. The man said the reward 'was a bit cheap.'
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    warroom 2022-11-16 11:20

    Gummy bear maker Haribo rewarded a man who found the company's lost $4.8 million check with candy. The man said the reward 'was a bit cheap.'

    Haribo is well-known for gummy bear candy sold in a gold bag.PATRIK STOLLARZ/AFP via Getty Images A man in Germany found a lost check for $4.8 million made out to gummy bear maker Haribo. He helped destroy the check at...

    Huileng Tan
    H Huileng Tan
    1 min read
    Russia's liquefied natural gas exports are near a record high, as the realities of a harsh winter eat away at countries' promises to curb their dependence on Moscow
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    warroom 2022-11-08 16:08

    Russia's liquefied natural gas exports are near a record high, as the realities of a harsh winter eat away at countries' promises to curb their dependence on Moscow

    Russian President Vladimir Putin.Photo by Sasha Mordovets/Getty Images Russia's LNG exports rose 1.1% on-year to a record high of nearly 4.3 billion cubic meters in October. The EU is replacing piped Russian gas with...

    Huileng Tan
    H Huileng Tan
    2 min read
    Musk says Twitter usage is 'at an all-time high,' but a report shows that more than 1 million accounts have been deactivated or suspended since his takeover
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    warroom 2022-11-08 12:29

    Musk says Twitter usage is 'at an all-time high,' but a report shows that more than 1 million accounts have been deactivated or suspended since his takeover

    Elon Musk acquired Twitter for $44 billion.Adrees Latif/Reuters Twitter usage has hit an all-time high, Elon Musk tweeted on Monday. Twitter also told some advertisers that daily user growth has hit "all-time...

    Huileng Tan
    H Huileng Tan
    2 min read
    Amazon has frozen headcount at its growing advertising business, after it posted a glum fourth-quarter outlook amid slowing sales: reports
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    warroom 2022-11-02 12:13

    Amazon has frozen headcount at its growing advertising business, after it posted a glum fourth-quarter outlook amid slowing sales: reports

    Amazon is becoming an ad behemoth.Nick Cammett / Getty Images Amazon has frozen headcount at its growing advertising business, Bloomberg reported on Tuesday. This came days after Amazon projected its slowest...

    Huileng Tan
    H Huileng Tan
    2 min read
    Russia's top central banker warns of higher inflation as Putin's military draft tightens the labor market
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    warroom 2022-11-01 10:51

    Russia's top central banker warns of higher inflation as Putin's military draft tightens the labor market

    Russian President Vladimir Putin in a meeting with Bank of Russia Governor Elvira Nabiullina.Sputnik/Alexei Nikolskiy/Kremlin/Reuters Putin ordered a "partial mobilization" of military reservists in September,...

    Huileng Tan
    H Huileng Tan
    2 min read
    Meta got bumped off world's top 20 companies' list, thanks to Zuckerberg's relentless metaverse pursuit
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    warroom 2022-10-28 13:31

    Meta got bumped off world's top 20 companies' list, thanks to Zuckerberg's relentless metaverse pursuit

    Investors are wary about Meta CEO Mark Zuckerberg's pursuit of the metaverse.AP Photo/Mark Lennihan Meta's share price tanked nearly 25% on Thursday, taking its market cap down to around $260 billion. It is now the...

    Huileng Tan
    H Huileng Tan
    2 min read
    Amazon just flashed the holiday warning retailers were hoping to avoid
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    warroom 2022-10-28 10:50

    Amazon just flashed the holiday warning retailers were hoping to avoid

    Higher energy prices and inflation are hitting e-commerce giant Amazon.Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images Amazon sees a 2% to 8% growth in sales for the fourth quarter of the year, way...

    Huileng Tan
    H Huileng Tan
    2 min read
    Turkish President Erdoğan says he'll work with Putin to turn Turkey into a natural gas hub, and it marks the next step in Putin's attempts to keep selling Russian fuel to Europe
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    warroom 2022-10-20 12:28

    Turkish President Erdoğan says he'll work with Putin to turn Turkey into a natural gas hub, and it marks the next step in Putin's attempts to keep selling Russian fuel to Europe

    Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin are working together to make Turkey a natural-gas hub.Mikhail Svetlov / Getty Images Ankara will work with Moscow to create a natural-gas hub...

    Huileng Tan
    H Huileng Tan
    3 min read
    Goldman Sachs' return-to-office policy has brought back 65% of its workers to the workplace 5 days a week, said the bank's famously anti-remote work CEO
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    warroom 2022-10-19 15:53

    Goldman Sachs' return-to-office policy has brought back 65% of its workers to the workplace 5 days a week, said the bank's famously anti-remote work CEO

    Goldman Sachs CEO David Solomon isn't a fan of remote work.Michael Kovac / Getty Images Goldman Sachs CEO David Solomon said 65% of its workers are back in the office five days a week. He told CNBC it's especially...

    Huileng Tan
    H Huileng Tan
    2 min read
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