"Today's Insights: Veeva Stock Dip, AI Openness, No-Expiry Data Plans, and Political Pension Transparency"

Published: 2024-06-19

Welcome to today’s edition of our Daily Open Data Digest. We look at the latest news in open data, information, and knowledge. Our goal is to give you important facts, statistics, and insights to keep you informed and empowered. Let’s check out today’s highlights:

Veeva Systems Inc. (NYSE: VEEV) saw its stock price drop by 3.2% after Truist Financial changed their price target to $197.00. The stock traded at $178.82 with lower trading volume. Despite this drop, many research firms still rate it as a “Moderate Buy” with an average target price of $227.95. Some insiders, like CFO Timothy S. Cabral and EVP Alan Mateo, have sold shares. Big investors still own a lot of VEEV stock. Veeva Systems offers cloud-based software for the life sciences industry. They provide CRM and analytics platforms to help make better decisions using data.

A new paper talks about the need for openness in AI research, especially for text generators that are tuned for instructions. The authors warn about the risks of using closed software and call for more open AI practices. They list over 40 ChatGPT alternatives with different levels of openness. They stress the need for clear, repeatable workflows and accountability in AI model development. Openness helps create a culture of responsibility and allows for original research. The paper aims to track the changes in text generators and promote a more open and ethical AI world.

Smart Communications, Inc. has launched Magic Apps, which offers NO-EXPIRY data for popular apps like Facebook, Messenger, and YouTube. For just P99, users get 3 GB of data that doesn’t expire. This offer is great for social networking and video streaming. Subscribers can choose from different packages for more data, so they stay connected without worrying about data running out. Lloyd R. Manaloto, Smart’s Head of Prepaid, says this offer is convenient and valuable, especially for frequent travelers and light data users. Smart’s award-winning network powers Magic Apps, ensuring a smooth online experience.

Prime Minister Anwar Ibrahim has suggested that Malaysian politicians should choose only one pension scheme, but the final choice is up to them. Using open data, the article estimates the pension amounts for MPs who have held multiple government positions. MPs from both the Dewan Rakyat and Dewan Negara could get pensions from various roles during their careers. This transparency in pension data helps ensure accountability and informed decisions among politicians.

In the UAE, a learner driver broke a traffic rule, causing a fine for the driving school where the learner was taking lessons. This shows the responsibility of driving instructors to ensure the safety of learners and other road users. Proper guidance and communication between instructors and students are crucial. Teaching safe driving habits early on is important, along with safety reminders for all drivers. This focus on road safety aims to create a safer driving environment for everyone.

Today’s news highlights the importance of open data, transparency, and accountability in many areas, from finance and AI research to connectivity solutions and political pensions. By staying informed and supporting openness, we can help create a better world for the future. Thank you for joining us in our mission to empower through knowledge and insights. Stay tuned for more updates in our next edition of the Daily Open Data Digest.

Together, let’s create a brighter, more informed future.

https://www.themarketsdaily.com/2024/06/19/veeva-systems-nyseveev-shares-down-3-2-on-analyst-downgrade.html

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