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— The new management of FTX released its first interim report on control failures at the collapsed crypto exchange. The management of private keys and seed phrases — used to control access to crypto assets — was shambolic, according to the report.
— Smart digital technologies are already widely used in agriculture in high–income countries. For instance, AI is being used in robotic milking systems in places such as Braz, Austria, to decide which cow should be milked when, with little supervision from the farmer. In low–income countries, on the other hand, AI is mainly limited to small–scale smart farming and satellite imagery processing at the level of smallholder farming. But looking around, we can anticipate future uses, if an appropriate business model can be found.
In Senegal, chatbots are being used instead of customer care operators as clients and investors alike want to reduce costs. In the Philippines, some of its 1.2 million business-process-management jobs — to a large extent customer care for global clients – could be replaced through robotic process automation.
"ITC’s SME Trade Academy is already experimenting with tools such as Synthesia to produce videos with human–like avatars in multiple languages and accents. We need to help our beneficiaries leverage this technology as well, for instance the tailor in Burundi who is using ChatGPT to draft marketing materials like brochures and website content."
— Law enforcement agencies from 17 countries were involved in the raids, which began at dawn on Tuesday. The operation was led by the FBI in the US and the Dutch National Police, working alongside the NCA in the UK, the Australian Federal Police, and countries across Europe. Globally, 200 searches were carried out and 120 people were arrested.
— The stock fell 33% between Feb. 28 and March 31. At the end of February, Charles Schwab's shares were trading at around $77.92. A month later, the price fell to $52.38. The stock fell 33% between Feb. 28 and March 31. At the end of February, Charles Schwab's shares were trading at around $77.92. A month later, the price fell to $52.38.