Ideogram Produces Text in AI Images That You Can Actually Read
Midjourney, OpenAI’s Dall-E 2 and Stability AI’s Stable Diffusion often struggle to render text.
Bloomberg Business
Apple Product Design Veteran Jony Ive Invests in Blender Device
Jony Ive, the legendary Apple Inc. veteran who helped design the iPhone and iPad, is turning his attention to a different kind of device: a mobile blender for fruit smoothies.
Wealthy US Households Pulled Back on Charitable Giving in 2022
A smaller share of wealthy households donated money to charitable causes in 2022 amid rising economic uncertainty, according to a new report from Bank of America Corp.
India’s Largest Bank HDFC Revamps Top Management After Mega Merger
HDFC Bank Ltd. is revamping some parts of its top management as the Indian bank seeks to propel its mortgages business, three months after it acquired another lender.
Portugal Plans to End 10-Year Tax Break for New Residents
Portugal plans to end the non-habitual resident regime that offers lower tax rates during 10 years for some people who move to the country as Prime Minister Antonio Costa takes further steps to face the country’s housing crisis.
NYC Court Gives Trump a Venue to Air Grievances Over Trial
The judge: “rogue.” The attorney general: “racist.” The proceeding: “greatest witch hunt of all time.” And that was before the courtroom was gaveled to order.
Ex-Soros Partner Surfs Argentine Crisis With Real Estate Empire
Sitting on a table in Eduardo Elsztain’s office in Buenos Aires is a glass sphere filled with $1 million in shredded, out-of-circulation US bills. The artwork, the real estate mogul says, is a constant reminder of the worthlessness of fiat currency.
Autostrade Bid Pits Italian PM Meloni Against Deputy Salvini
(Bloomberg) — A potential takeover bid for Italy’s main highway operator is exposing the strains in Prime Minister Giorgia Meloni’s coalition as rival parties jostle for position before next year’s European elections.
Ex-BTG Partners’ Investment Firm Buys Brazil Fund Manager
Galapagos Capital, an investment firm run by former Banco BTG Pactual partners, acquired a Brazilian asset manager in a bid to expand its fund offerings.
New ETF Boom Defies Saturation Warnings in $7 Trillion Industry
Money-management firms launched new exchange-traded funds at a rapid pace last month, shaking off fears that the $7 trillion industry is already overrun with low-cost investment vehicles.
