Oil in the new age of volatility

Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. In recent years, June Fridays have often been viewed by financiers as a good moment to work from home. Not now.  As news spread about the Israeli air strikes on Iran, traders across Wall Street…

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Disney and Universal Sue AI Company Midjourney for Copyright Infringement

Disney and Universal have filed a lawsuit against Midjourney, alleging that the San Francisco–based AI image generation startup is a “bottomless pit of plagiarism” that generates “endless unauthorized copies” of the studios’ work. There are already dozens of copyright lawsuits against AI companies winding through the US court system—including a class action lawsuit visual artists…

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Databricks Has a Trick That Lets AI Models Improve Themselves

Databricks, a company that helps big businesses build custom artificial intelligence models, has developed a machine-learning trick that can boost the performance of an AI model without the need for clean labeled data. Jonathan Frankle, chief AI scientist at Databricks, spent the past year talking to customers about the key challenges they face in getting…

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K-Beauty World makes nationwide debut at Ulta Beauty

K-Beauty World, a first-of-its-kind retail platform dedicated to the discovery of K-Beauty brands, is making its debut nationwide at Ulta Beauty stores. K-Beauty World makes nationwide debut at Ulta Beauty. – Mixsoon The initiative, spearheaded by entrepreneur Sarah Chung Park and powered by established beauty distributor Landing International, will introduce eight Korean brands to U.S….

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Pfizer, AstraZeneca, Merck bet on chemo replacement

Antibody drug conjugates (ADCs) are targeted medicines that deliver chemotherapy agents to cancer cells 3d rendering Love Employee | Istock | Getty Images Chemotherapy has long been a cornerstone of cancer treatment, saving millions of lives. But the pharmaceutical industry says a popular class of targeted cancer therapies could one day replace chemotherapy and its…

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