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Vinted boss sees 'fundamental' shift in consumer patterns, as secondhand firm notches $9 billion valuation

Online resale app Vinted is seeing a structural shift in consumer behaviour, as habits form around the resale economy, the company's marketplace boss told CNBC on Monday. Vinted, the consumer-to-consumer platform allowing customers to sell unwanted items like clothing, electronics, or even furniture, has seen rapid growth in recent years, boosted by consumers increasingly looking for value amid rising costs of living globally. The value of items sold on Vinted grew nearly 50% last year, as...

CNBC 1d ago

Distributional Open-Ended Evaluation of LLM Cultural Value Alignment Based on Value Codebook

arXiv:2604.06210v4 Announce Type: replace Abstract: As LLMs are globally deployed, aligning their cultural value orientations is critical for safety and user engagement. However, existing benchmarks face the Construct-Composition-Context ($C^3$) challenge: relying on discriminative, multiple-choice formats that probe value knowledge rather than true orientations, overlook subcultural heterogeneity, and mismatch with real-world open-ended generation. We introduce DOVE, a distributional...

arXiv CS 1d ago

Distributional Open-Ended Evaluation of LLM Cultural Value Alignment Based on Value Codebook

arXiv:2604.06210v3 Announce Type: replace Abstract: As LLMs are globally deployed, aligning their cultural value orientations is critical for safety and user engagement. However, existing benchmarks face the Construct-Composition-Context ($C^3$) challenge: relying on discriminative, multiple-choice formats that probe value knowledge rather than true orientations, overlook subcultural heterogeneity, and mismatch with real-world open-ended generation. We introduce DOVE, a distributional...

arXiv CS 8d ago

Energy-Efficient Aggregation and Minimum-Degree Spanning Trees in Radio Networks

Announce Type: new Abstract: We study the aggregation problem in synchronous multi-hop radio networks with $O(\log n)$-bit messages and no collision detection. Each node initially holds a value, and the goal is to compute a global aggregate such as the sum of all values. Aggregation tasks arise naturally in wireless sensor networks, where nodes are often battery-powered and radio activity is the dominant source of energy consumption.

arXiv CS 9d ago

Partners Group warns it could cap more fund withdrawals after triggering private equity rout

Partners Group is prepared to restrict investor withdrawals across more of its funds, the Swiss private markets giant said Thursday, after capping redemptions in one of its European vehicles following a surge in exit requests. The Zurich-listed fund manager warned that the spike in client withdrawals that upended private credit markets this year now appears to be spilling over into the private equity space. On Wednesday, Partners Group said it was halting withdrawals from its Global Value...

CNBC 6d ago

Dual Advantage Fields

arXiv:2606.04188v1 Announce Type: new Abstract: Offline goal-conditioned reinforcement learning requires both long-horizon reachability estimates and local action comparisons. Dual goal representations provide value fields that capture global goal reachability, but they do not directly specify which action should be preferred at a given state. We propose Dual Advantage Fields, a policy-extraction method that turns a bilinear dual value model into a local advantage signal.

arXiv CS 6d ago

Non-Identical Diffusion Models in MIMO-OFDM Channel Generation

arXiv:2509.01641v3 Announce Type: replace-cross Abstract: We propose a novel diffusion model, termed the non-identical diffusion model, and investigate its application to wireless orthogonal frequency division multiplexing (OFDM) channel generation. Unlike the standard diffusion model that uses a scalar-valued time index to represent the global noise level, we extend this notion to an element-wise time indicator to capture local error variations more accurately. Non-identical diffusion...

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Ernst & Young published cybersecurity report full of hallucinations

Earlier this year, an engineer at GPTZero coined the term “vibe citing” to describe the accidental creation of fake references via LLM hallucinations. It turns out that the friction of creating and checking citations is leading many researchers, consultants, lawyers, and public officials to embrace the vibe (if you know what we mean). Among the converts are the authors of a 2025 Ernst & Young report titled Points of Attack: Uncovering Cyber Threats and Fraud in Loyalty Systems.

Hacker News 10d ago

Indian billionaires buy foreign companies as growth slows at home

Indian billionaires have been actively acquiring foreign companies, spending $18 billion on global buyouts in 2025. This trend is continuing, with the value of these deals projected to exceed $15 billion in the first half of 2026. The acquisitions are occurring as economic growth within India has begun to slow.

BBC Business 16d ago

Do Gender Cues Affect LLM Value Trade-offs? Evidence from a Controlled Decision Benchmark

Announce Type: new Abstract: Large language models are increasingly used in value-sensitive decision settings, where irrelevant demographic cues should not alter judgments. We construct the Realistic Value Decision Benchmark (RVDB), a controlled benchmark that varies only the role-gender configuration while holding the scenario, ordered value pair, roles, candidate decisions, Value Distance, and Decision Severity fixed. Using a position-balanced evaluation across seven models, we test...

arXiv CS 8d ago