~Bitcoin News of the Day

• Microsoft’s board of directors opposed the proposal, describing it as unnecessary in a filing with the U.S. Securities and Exchange Commission (SEC). The board highlighted Bitcoin’s volatility and reiterated the importance of maintaining stable and predictable investments to support the company’s operations. Dumb Ass Old Horses!

Global Trade & ~Econ

• The Bank of Canada is poised to cut its key policy rate by another 50 basis points on Wednesday as weak unemployment numbers and poor growth underscore an economy that needs support, economists and analysts said. A minority argued that reducing borrowing costs by 50 basis points two times in a row could create a sense of panic, suggesting that the economy is teetering.

~Politics_and_Law

• The senator Elizabeth Warren will introduce a bill in Congress on Wednesday aimed at shifting corporations away from “maximizing shareholder value” and towards giving more support to workers and other stakeholders.
• The Accountable Capitalism Act proposes a series of reforms to increase corporate responsibility, strengthen the voices of workers and others in corporate decisions and shift companies away from their focus on shareholders.

~Stacker_Sports News

• Saudi Arabia will be confirmed by FIFA as host of the men's soccer 2034 World Cup on Wednesday, giving the oil-rich kingdom its biggest prize yet for massive spending on global sports driven by Crown Prince Mohammed bin Salman.

~Tech & ~Science

• The past decade of explosive improvement in AI has been driven in large part by making neural networks bigger and training them on ever-more data. This scaling has proved surprisingly effective at making large language models (LLMs) — such as those that power the chatbot ChatGPT — both more capable of replicating conversational language and of developing emergent properties such as reasoning. But some specialists say that we are now approaching the limits of scaling. That’s in part because of the ballooning energy requirements for computing. But it’s also because LLM developers are running out of the conventional data sets used to train their models.

~History with Mystery

• A Belgian veteran, Olympian and politician-turned-radio-broadcaster named Victor de Laveleye is widely credited with initiating the “V for Victory” sign during World War II. After fleeing to London in 1940, he became the director of the Belgian division of the British Broadcasting Corporation (BBC), and wanted to come up with a united message Belgians could use in opposition to the Nazis that had the same meaning in French, Flemish and English.
• “I hit on the letter ‘V’ because it is the key in the French ‘victoire,' the Flemish ‘vrijheid’ and the English ‘victory,’” he told the New York Times. He first mentioned it on a January 14, 1941 broadcast to people in occupied Belgium, France, the Netherlands and North Africa, instructing listeners to chalk the letter “V” in public places, or tap it out in Morse code, with three short beats and one longer one—also the tune of the first four notes of Beethoven’s Fifth Symphony.

~Entertainment World

• The twisty fight for the release of Erik and Lyle Menendez from California prison, where they are serving life sentences without the possibility of parole for gunning down their parents in 1989, took a turn towards unpredictable after the decision to initiate the legal process for their release moved to the hands of incoming Los Angeles District Attorney Nathan Hochman, sworn into office last week.

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