‘Ernie Bot’ Demo Disappoints Investors

Baidu Inc. debuted China’s answer to ChatGPT via a recorded video, disappointing investors hoping for a real-time demo of the country’s highest-profile entry in a race to dominate transformative technology.

Billionaire founder Robin Li took to a Beijing stage to introduce his company’s “Ernie Bot,” a landmark moment for a search leader that’s struggled …

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Taylor Swift Postpones Rio Concert Amid Concerns After Fan’s Death

Taylor Swift took to social media on Saturday evening to announce that she was postponing her Rio concert, amid exceedingly high temperatures and concerns over safety. The statement came one night after a fan, 23-year-old Ana Clara Benevides Machado, died before the singer’s Eras concert show at Nilton Santos Stadium in Rio de Janeiro.

“I’m writing this from my dressing room in the …

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U.S. Leisure Travel Back at Pre-Pandemic Levels

US consumers are spending less on products and more on experiences — a trend that could ease supply snags and inflationary pressures, and help the travel industry this summer.

For the first time since COVID halted movement around the world, leisure travel has returned to 2019 levels, according to a report released by the Mastercard Economics Institute. People are feeling more comfor…

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There’s Never Been a Worse Time to Buy a Home, Poll of U.S. Households Shows

The share of Americans who say it’s a good time to buy a house hit an all-time low of 25% in a monthly Fannie Mae survey.

The pandemic-era surge in U.S. housing prices, combined with increased concerns about job stability and rising mortgage rates, are deterring potential buyers from trying to purchase a home.

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This Show Now Has the Most Emmy Losses

While Succession, The Bear, and Beef took home the most awards at the Emmys on Monday night, the cast and crew of Better Call Saul left the Peacock Theater in Los Angeles empty handed.

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We Ruined Reality TV

Heather Gay is standing on the beach, her long blonde hair and pale yellow-caped dress blowing gingerly in the wind with the green-tinted waves behind her. The sky in Bermuda—or, perhaps, the filter chosen by editors to emulate the look of a Christopher Nolan film—is gray, an indicator of the storm about to crash down onto the Real Housewives of Salt Lake City. Lisa Barlow, Meredit…

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World’s Biggest Bank Forced to Trade via USB Stick After Hack

On Thursday, trades handled by the world’s largest bank in the globe’s biggest market traversed Manhattan on a USB stick.

Industrial & Commercial Bank of China Ltd.’s U.S. unit had been hit by a cyberattack, rendering it unable to clear swathes of U.S. Treasury trades after entities responsible for settling the transactions swiftly disconnected from the stricken systems. That fo…

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What Will Happen If China’s Evergrande Group Collapses-

When Chinese home-buyer Zhiwei decided to purchase a luxury apartment at a development named Australia Villas back in 1997, it was billed as the apex of affluence.

Located outside China’s southern megacity Guangzhou, the sprawling complex was to have 292 buildings, including a gymnasium, spa, cinemas, and a private school. Boutiques and restaurants would dot its 2,000 acres, sales s…

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Xi Calls for Tech Push in China After U.S. Escalates Curbs

Xi Jinping renewed calls for China to step up the development of technology critical to national security, issuing a forceful reminder just as escalating U.S. sanctions threaten Beijing’s efforts to become self-reliant in semiconductors.

Invoking the so-called “whole nation system” that propelled China’s space and nuclear weapons programs, Xi exhorted top officials…

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Tupac Shakur Shooting- Suspect Arrested

Las Vegas police have arrested a man in the deadly 1996 drive-by shooting of Tupac Shakur, a long-awaited break in a case that has frustrated investigators and fascinated the public ever since the hip-hop icon was gunned down on the Las Vegas Strip 27 years ago.

Duane “Keffe D” Davis was arrested early Friday morning, although the exact charge or charges were not immediately clear, accord…

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