Tencent Music announced a $1 billion share buyback after its shares were among the Chinese tech stocks hit in the fallout from the liquidation of massive positions held by hedge fund Archegos Capital, Bloomberg reported. Other shares included Vipshop, Chinese video streaming service iQiyi and online education app GSX Techedum. Tencent Music pared its losses after the buyback announcement....
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How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core. The founder and CEO of Logikcull, a San Francisco–based legal technology company, Wilson “had the exact same reaction to ChatGPT as I had to the internet browser in the early ’90s,” he said. “But this time I knew it would be even bigger than...
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