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Connor Hughes

1389 Posts
Mark Wahlberg’s Prayer App Seeks Followers on TikTok

Mark Wahlberg’s Prayer App Seeks Followers on TikTok

Religious content has long been a mainstay on social media, where Christian influencers can garner millions of views. And much of the online reaction to Hallow’s TikTok ads has been positive. Still, Alex Jones, the chief executive of Hallow, said he was aware that some people were surprised to stumble upon the company’s ads on social media.“We do not set any sophisticated or specific targeting,” wrote Mr. Jones, who is not to be confused with the conspiracy theorist of the same name who ran the Infowars website. “Each platform has its own algorithm for determining its feed. We know that…
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Brighter Economic Mood Isn’t Translating Into Support for Biden

Brighter Economic Mood Isn’t Translating Into Support for Biden

Economic vibes don’t necessarily predict electoral outcomes, though, and this campaign is different in many ways from those in the past. “We’re kind of in an unprecedented situation where we’re weighing two incumbents,” said Joanne Hsu, who runs the Michigan survey.Anthony Rice, a 54-year-old Democrat in eastern Indiana, and pretty much everyone he knows, he said, are doing well right now. Gas prices are down, jobs are plentiful, and Mr. Rice, a unionized dump-truck driver, is benefiting directly from the infrastructure law that Mr. Biden signed in 2021. Yet few people in the deep-red part of the country where he…
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Is Crypto Back? What to Know About Bitcoin’s Surge.

Is Crypto Back? What to Know About Bitcoin’s Surge.

Cryptocurrency enthusiasts celebrated on Tuesday, as the price of Bitcoin reached a record high of more than $69,000. For believers, it was a moment of vindication after a 2022 industry downturn that sent several major companies into bankruptcy and tainted crypto’s reputation.But is crypto really back from the dead? While the numbers suggest the industry is starting to thrive again, there are major differences between this bull run and the euphoria that drove crypto prices to previous highs.Here’s what to know about the new crypto surge.Why did cryptocurrencies collapse in the past?The last time Bitcoin hit a record was November…
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China’s New Economic Agenda, a Lot Like the Old One: Takeaways

China’s New Economic Agenda, a Lot Like the Old One: Takeaways

Beijing was abuzz with politics on Tuesday. China’s annual legislative meeting — the National People’s Congress, when Communist Party leaders promote their solutions for national ills — opened for business.The event is a chance for the leaders to signal the direction of the economy and outline how and where the government will spend money in the coming year.Yet while aiming high, they offered little. Officials signaled that they were not ready for any showstopping moves to revive an economy battered by a property crisis, the loss of consumer confidence and financial pressures of indebted local governments. Despite their reluctance to…
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Why Elon Musk’s OpenAI Lawsuit Leans on A.I. Research From Microsoft

Why Elon Musk’s OpenAI Lawsuit Leans on A.I. Research From Microsoft

When Elon Musk sued OpenAI and its chief executive, Sam Altman, for breach of contract on Thursday, he turned claims by the start-up’s closest partner, Microsoft, into a weapon.He repeatedly cited a contentious but highly influential paper written by researchers and top executives at Microsoft about the power of GPT-4, the breakthrough artificial intelligence system OpenAI released last March.In the “Sparks of A.G.I.” paper, Microsoft’s research lab said that — though it didn’t understand how — GPT-4 had shown “sparks” of “artificial general intelligence,” or A.G.I., a machine that can do everything the human brain can do.It was a bold…
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How 33-Year-Olds, the Peak Millennials, Are Shaping the U.S. Economy

How 33-Year-Olds, the Peak Millennials, Are Shaping the U.S. Economy

I have covered economics for 11 years now, and in that time, I have come to the realization that I am a statistic. Every time I make a major life choice, I promptly watch it become the thing that everyone is doing that year.I started college in 2009, in the era of all-time-high matriculation rates. When I moved to a big coastal city after graduation, so did a huge crowd of people: It was the age of millennial urbanization. When I lived in a walk-in closet so that I could pay off my student loans (“The yellow paint makes it…
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The Paradox at the Heart of Elon Musk’s OpenAI Lawsuit

The Paradox at the Heart of Elon Musk’s OpenAI Lawsuit

It would be easy to dismiss Elon Musk’s lawsuit against OpenAI as a case of sour grapes.Mr. Musk sued OpenAI this week, accusing the company of breaching the terms of its founding agreement and violating its founding principles. In his telling, OpenAI was established as a nonprofit that would build powerful A.I. systems for the good of humanity and give its research away freely to the public. But Mr. Musk argues that OpenAI broke that promise by starting a for-profit subsidiary that took on billions of dollars in investments from Microsoft.An OpenAI spokeswoman declined to comment on the suit. In…
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A.I. Frenzy Complicates Efforts to Keep Power-Hungry Data Sites Green

A.I. Frenzy Complicates Efforts to Keep Power-Hungry Data Sites Green

West Texas, from the oil rigs of the Permian Basin to the wind turbines twirling above the High Plains, has long been a magnet for companies seeking fortunes in energy.Now, those arid ranch lands are offering a new moneymaking opportunity: data centers.Lancium, an energy and data center management firm setting up shop in Fort Stockton and Abilene, is one of many companies around the country betting that building data centers close to generating sites will allow them to tap into underused clean power.“It’s a land grab,” said Lancium’s president, Ali Fenn.In the past, companies built data centers close to internet…
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Migrants Help the Economy, but There Are Many Roadblocks to Work

Migrants Help the Economy, but There Are Many Roadblocks to Work

The U.S. economic recovery from the pandemic has been stronger and more durable than many experts had expected, and a rebound in immigration is a big reason.A resumption in visa processing in 2021 and 2022 jump-started employment, allowing foreign-born workers to fill some holes in the labor force that persisted across industries and locations after the pandemic shutdowns. Immigrants also address a longer-term need: replenishing the work force, a key to meeting labor demands as birthrates decline and older people retire.Net migration in the year that ended July 1, 2023, reached the highest level since 2017. The foreign-born now make…
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