Jess Weatherbed

News Reporter

Canva is now in the coding and spreadsheet business

Jess WeatherbedApr 10, 2025

Tariffs send Versace to the sale rack.

Prada is reportedly set to acquire Versace from Capri Holdings for $1.38 billion, scoring a $200 million discount on the previous valuation of the deal due to global trade uncertainties.

Capri, which is grappling with debts and weak market demand, was previously blocked by the FTC from selling itself to Coach owner Tapestry for $8.5 billion in 2023. Offloading Versace, albeit without Donatella Versace at the helm, could help Capri turn things around.

Prada Strikes $1.4 Billion Deal for Versace

[wsj.com]

Judge berates AI entrepreneur for using a generated ‘lawyer’ in court

Jess WeatherbedApr 10, 2025

China will show fewer US films in response to tariffs

Jess WeatherbedApr 10, 2025

Autonomous AI could crash trading markets.

That’s according to a report from the Bank of England’s financial policy committee, warning that advanced AI trading models may learn to manipulate markets to “exploit profit-making opportunities” in a way that destabilizes financial industries or intentionally causes a crisis.

The report also warned that financial AI models could be manipulated by cyber attackers for money laundering schemes or funding terrorism.

Bank of England says AI software could create market crisis for profit

[theguardian.com]

You can now give Google’s AI video model camera directions

Jess WeatherbedApr 9, 2025

Why I love Twinkly Strings and Twinkly Flex

Jess Weatherbed and Barbara KrasnoffApr 9, 2025

Helvetica is finally part of Creative Cloud

Jess WeatherbedApr 9, 2025

The EU is simplifying its AI rules.

The bloc isn’t walking back its landmark AI Act, but is hoping to bolster regional AI developments by making its regulatory environment less cumbersome to navigate. Plans announced by EU tech policy leader Henna Virkkunen include developing new guidance documents, standards, and a code of practice, alongside opening an “AI Service Desk” to guide businesses through compliance requirements.

Europe unveils plan to become 'AI continent' with simpler rules, more infrastructure

[cnbc.com]