Deepfake costs company millions

Scammers using artificial intelligence technology to manipulate photos and videos is troubling authorities around the world, who are “growing increasingly concerned at the sophistication of deepfake technology,” says CNN. Thinking a request had come from his company’s chief financial officer in a video call, a Hong Kong employee recently remitted the equivalent of about $25.6…

What next for Wilko?

High street chain Wilko warned it was on the brink of collapse last week, putting 400 stores and 12,000 jobs at risk. Since the announcement, retail analysts on LinkedIn have been sharing their thoughts on what went wrong. Retail Economics’ chief executive Richard Lim points to how household goods have been one of the main…

Are ‘bad vibes’ hurting UK economy?

Is the UK talking itself into decline? UK Chancellor Jeremy Hunt recently rejected the “declinist narrative” as potentially self-fulfilling. In her Financial Times analysis, economist Soumaya Keynes examines whether pessimism about the UK economy is justified or making economic problems worse. She cites studies that suggest optimistic narratives can sometimes boost hiring, investment and consumer…