Author: franperez66q@protonmail.com

Tech

Citing Gandalf, Pope Leo says we must “disarm” AI

With the co-founder of Anthropic at his side today in Rome, Pope Leo XIV released a major new encyclical—his first—called “Magnifica Humanitas” (“Magnificent Humanity”). It calls for AI to be “disarmed” in service of the common good. “The word is strong,” Leo admits, but he chose the language of “disarmament” deliberately “because this moment needs words capable of attracting attention, awakening consciences, and indicating paths forward for humanity.” AI today must be “freed from logics that turn it into an instrument of domination, exclusion, and death.” The 40,000-word encyclical contains uncompromising critiques of AI-powered autonomous weapons, neo-colonial attitudes towards data…

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Business

Iran in the ‘process of blinking’ over Strait of Hormuz, Petraeus says

NEW YORK, NEW YORK – SEPTEMBER 22: General David H. Petraeus (US Army, Ret.) speaks onstage during the 2025 Concordia Annual Summit at Sheraton New York Times Square on September 22, 2025 in New York City. (Photo by Riccardo Savi/Getty Images for Concordia Annual Summit)Riccardo Savi | Getty Images Entertainment | Getty ImagesIran appears to be in the process of “blinking” over the Strait of Hormuz, according to ex-CIA director David Petraeus. Speaking to CNBC’s Lisa Kim at the UBS Asian Investment Conference, Petraeus, chairman of the KKR Global Institute, said that an initial successful peace deal with Tehran would…

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Business

Delivery Hero shares rise 10% as rival Uber mulls another takeover bid

Shares in Delivery Hero rose over 10% on Monday morning following a Financial Times report that U.S. rival Uber weighed an improved bid for the German food delivery firm. Delivery Hero confirmed in a statement on Saturday that it had received a takeover offer from Uber of €33 ($38.29) per share, which would value the company’s market capitalization at over €10bn. The German company added it “remains fully focused on executing its strategic review process and further updates will be provided as required or appropriate”.Delivery Hero shares opened 10.5% higher.On Sunday, the FT reported that Uber’s board had convened on Saturday to…

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Business

The Best Affordable Hotel Brands

Travel is becoming a major expense in 2026, however you plan to get there. Gas prices are up: As of May 22, a gallon of regular gas averaged $4.55 nationally, a 42% increase year over year, according to data from AAA. Costs are also up for those who fly: Domestic economy ticket prices were up 30.2% while international tickets were up 21.7% between May 2025 and May 2026, according to data from travel booking platform Kayak.While you can’t control these increases, you can find ways to reduce your travel budget through the price of your hotels.While many brands offer affordable…

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Business

When are prediction markets most helpful? Evercore ISI has a formula

Kalshi and Polymarket.Gabby Jones | Bloomberg | Martin Lelievre | Getty ImagesHigh volume and short-term markets that ask simple questions with clear resolution rules — that’s the formula Evercore ISI strategists say make prediction markets helpful for forecasting.Led by Julian Emanuel, they found contracts with higher volume produce more reliable probabilities than shallow markets. Similarly, contracts closer to their termination date showed stronger probability versus a long-term contract.   Despite the growth, they avoided calling prediction markets a north star. “Their limitation is that they do not discover the future so much as reveal what the crowd believes,” the strategists wrote in a…

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