Microsoft-backed AI4Bharat set to raise $12 million funding from Peak XV, Lightspeed - sources
By Yuvraj Malik AI4Bharat, a start-up backed by Microsoft, is raising $12 million from venture capital firms Peak
1970-01-01 08:00
US economy adds 209,000 jobs, unemployment rate stays the same
The US economy added 209,000 jobs in the month of June, far lower than expectations, though wage growth remained resilient, the Bureau of Labor Statistics reported. The number comes a day after ADP said that the economy added 497,000 jobs last month, far higher than the actual number reported by the US government. In addition, the BLS revised the jobs report from April from 294,000 jobs added down to 217,000 jobs and 339,000 jobs added in May down to 306,000 jobs. The unemployment rate ticked down from 3.7 per cent in May to 3.6 per cent in June. At the same time, hourly earnings remained robust, increasing 0.4 per cent in June and 4.4 per cent in the past 12 months. Unemployment for white people ticked down slightly from 3.3 per cent in May to 3.1 per cent in June. But jobless rates for other major groups including adult men, adult women, teenagers, Black, Asian and Hispanic workers remained unchanged. President Joe Biden, who has in recent days been touting his economic record with a series of appearances across the US, said in a statement that the continued job growth represents “Bidenomics in action” and pointed out that the 13.2 million jobs added to the US economy since the start of his term is more than any president has overseen in a full four-year term. “The unemployment rate has now remained below 4 percent for 17 months in a row—the longest stretch since the 1960s. The share of working-age Americans who have jobs is at the highest level in over 20 years. Inflation has come down by more than half. We are seeing stable and steady growth,” he said. “That’s Bidenomics—growing the economy by creating jobs, lowering costs for hardworking families, and making smart investments in America”. The news comes despite the fact that the Federal Reserve paused raising interest rates last month after it had consistently done so to cool down a hot labour market as a way to ease inflation. Increased jobs typically coincide with higher inflation given that employed consumers have more demand in the economy. Employment in government led the job increases, adding 60,000 jobs during June followed by health care, which added 41,000 jobs and social assistance, which added 24,000 jobs. But retail trade employment shed 11,000 jobs, while building material and garden equipment and supplies dealers lost 10,000 jobs. Furniture, home furnishings, electronics, and appliance retailers lost 5,000 jobs. The decidedly mixed jobs report comes as Mr Biden has attempted to tout his economic record, adopting the term “Bidenomics” to describe his policies such as the bipartisan infrastructure bill and the Inflation Reduction Act, which passed last year. On Thursday, he visited South Carolina to talk about his record and tout the fact that the United States attracted almost half a billion dollar private investment in manufacturing. “It’s historic, and it’s Bidenomics in action,” he said. “Instead of exporting jobs to cheaper labor costs -- what we did for decades -- we’re creating jobs here and exporting American product.” Read More Biden touts his economic record in fiery speech: ‘Guess what – Bidenomics is working’ Watch: Antony Blinken visits China for high-stakes meeting after ‘spy balloon’ Biden administration says judge's social media order could cause 'grave harm' Trump’s ex-press sec’y says there’s ‘no way’ White House cocaine is Hunter Biden’s NATO leaders set to offer Ukraine major support package but membership is off the table for now The US will provide cluster munitions to Ukraine as part of a new military aid package: AP sources
1970-01-01 08:00
Who is Taylor Swift's 'Better than Revenge' song about?
Taylor Swift’s third album Speak Now was re-released today as Speak Now (Taylor’s Version) as the multi-award winning artist continues to re-record her catalogue. The new version featured all 14 songs on the original record, as well as six songs ‘from the vault’, which means that Swift wrote them for the album but they didn’t make the cut initially. The album also features artists Fall Out Boy and Hayley Williams from Paramore. When listening to the album fans noticed that Swift had changed a lyric in one of her hit songs. 'Better Than Revenge' is about Swift desiring to get revenge on a romantic rival. The lyric from the original album released in 2010 goes “she’s better known for the things that she does on the mattress.” Which some claimed to be misogynistic and “slutshaming”. So for 'Better Than Revenge (Taylor’s Version)', Swift changed the line to: “he was a moth to flame, she was holding the matches.” Sign up to our free Indy100 weekly newsletter Many praised the change, saying it highlighted Swift’s growth, who was 21 when Speak Now was originally released, whilst some fans mourned the original lyric saying it’s exactly what an 18-year-old would write and the authenticity of it has been damaged. However, the lyric change has led many to re discuss who the song was about in the first place. Whilst it has never been confirmed, it is believed that the song is about Joe Jonas, Swift’s ex, and Camilla Belle, the woman Jonas dated after he broke up with Taylor back in 2008. Belle is an actress and model. In fact, Belle’s niece made a TikTok about the song, explaining that Belle is her dad’s half-sister and that “I love that song, even though it’s about my aunt.” Many viewers left comments asking what Belle thought about the now-changed lyric, but there’s currently been no response. @annirouth Replying to @Carolina theres literally not a lot to say about this haha In 2014, Swift spoke to The Guardian about the lyric saying the she was only 18 when she wrote the song: “That’s the age you are when you think someone can actually take your boyfriend. Then you grow up and realise no one takes someone form you if they don’t want to leave.” Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
1970-01-01 08:00
Blink Outdoor (3rd Gen) Review
Editors' Note: This is the most recent version of the Blink Outdoor. Read our original
1970-01-01 08:00
Five strikers Man Utd should be trying to sign this summer
Five strikers Manchester United manager Erik ten Hag should be looking to sign in the 2023/24 summer transfer window.
1970-01-01 08:00
What to stream this weekend: Taylor Swift, 'Lincoln Lawyer,' 'Biosphere' and 'Wham!'
This week’s new entertainment releases include Taylor Swift's rerecording of her “Speak Now,” a documentary on Wham
1970-01-01 08:00
What made baseball fun this week: Braves in the infield, Angels on the IL
The Atlanta Braves' infield certainly made baseball very fun this week, while the Los Angeles Angels have lost their heads and have no place to hang their halos no more, bruh!Making sense of all the nonsense baseball gave us this week through pop culture references!It's hot as s**t...
1970-01-01 08:00
MrBeast appears to mock Elon Musk with Tesla giveaway
MrBeast, besides being the most followed creator on YouTube, has now added a further accolade to his social media resume by becoming the most followed person on Threads in a staggeringly quick time as well as taking a swipe at Elon Musk in the process. Jimmy ‘MrBeast’ Donaldson, quickly amassed more than one million followers (2.8 million at the time of writing) on the new social media app created by Mark Zuckerberg's Meta, which was launched late on July 5th. Donaldson actually has more followers than Zuckerberg who still has an impressive 2 million followers to his name. However, Donaldson was the first person on the platform to reach one million therefore the record will always stand with him. Much of this record will be down to how easy it is for Instagram users to sign up for Threads which also allows users to easily follow everyone that they already followed on Instagram. Sign up to our free Indy100 weekly newsletter MrBeast, for instance, has 38.6 million followers on Instagram so expect his Threads followers total to grow and grow in the next few days. His first Thread on the platform read: "Sooooo, how long until we're also addicted to this app? Lol." He did though appear to take a thinly veiled dig at Twitter owner Elon Musk. In one post the 25-year-old wrote: "To celebrate Threads launching, I'm gonna give this Tesla to a random follower in 48 hours. Rethread so people are aware." Donaldson then posted a picture of himself next to the Tesla in question which had a huge Threads logo on the bonnet. For those that aren't aware, Elon Musk also owns Tesla and might not be too happy about seeing a rivals logo on one of his cars. There doesn't appear to be any bad blood between Musk and Donaldson as the two have previously teased a collaboration on Twitter. However, the YouTuber has also teased working with Amazon owner Jeff Bezos so he's clearly keeping the billionaires of the world close to him. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
1970-01-01 08:00
Cardinals: 3 prospects to target in any Tyler O'Neill trade, 1 to avoid
Some players need a change of scenery. Tyler O'Neill may just be one of those players and could help the Cardinals nab some high-level prospects.After an offseason filled with optimism, Cardinals outfielder O'Neill has had a frustrating start to his season.O'Neill completely c...
1970-01-01 08:00
US plans to send controversial cluster munitions to Ukraine- reports
The controversial weapons package comes amid an ammunition shortage in Ukraine.
1970-01-01 08:00
Neutral Swiss and Austrians join Europe's Sky Shield defence
The plan to protect European skies has now attracted 19 countries since Russia invaded Ukraine.
1970-01-01 08:00
Nablus: Two Palestinians killed by Israeli forces in West Bank
Israel says they were wanted gunmen who fired on their forces before they could be detained.
1970-01-01 08:00
