GOOGLE IS POURING an additional $3.1 million into Wikipedia, bringing its total contribution to the free encyclopedia over the past decade to more than $7.5 million, the company announced at the World Economic Forum Tuesday. A little over a third of those funds will go toward sustaining current efforts at the Wikimedia Foundation, the nonprofit that runs Wikipedia, and the remaining $2 million will focus on long-term viability through the organization’s endowment. Google will also begin allowing Wikipedia editors to use several of its machine learning tools for free, the tech giant said. What's more, Wikimedia and Google will soon broaden Project Tiger, a joint initiative they launched in 2017 to increase the number of Wikipedia articles written in underrepresented languages in India, and to include 10 new languages in a handful of countries and regions. It will now be called GLOW, Growing Local Language Content on Wikipedia. It’s certainly positive that Google is investing more in Wikipedia, one of the most popular and generally trustworthy online resources in the world. But the decision isn’t altruistic: Supporting Wikipedia is also a shrewd business decision that will likely benefit Google for years to come. Like other tech companies, including Amazon, Apple, and Facebook, Google already uses Wikipedia content in a number of its own products. When you search Google for “Paris,” a “knowledge panel” of information about the city will appear, some of which is sourced from Wikipedia. The company also has used Wikipedia articles to train machine learning algorithms, as well as fight misinformation on YouTube.

The average age of U.S. investors with $25 million or more has fallen by 11 years since 2014, to 47. Their numbers …

by bloomberg.com --Lebanon wasn’t spared a debt rating downgrade that pushed it deeper into junk, hours after Qatar unveiled a plan to plow $500 million into its government bonds. Moody’s Investors Service lowered the country’s credit score one step to Caa1, seven levels below investment grade and on par with countries including Gabon, Zambia and Iraq. It changed the outlook to stable from negative. Even though Lebanon’s caretaker government has disavowed any debt restructuring, recent official comments suggest “a growing urgency” that coping with one of the world’s biggest debt burdens might prompt measures resulting “in a default event under Moody’s definition,” according to a statement on Tuesday.

Eight months on from an election, Lebanon remains without a government and with billions of dollars in aid untapped as sectarian tensions simmer. The central bank has maintained stability through stimulus measures and financial engineering, made possible by the billions of dollars deposited into Lebanese banks by the nation’s diaspora. While Moody’s report highlights the need to form the government more quickly and embark on reforms, Finance Minister Ali Hasan Khalil said that “the financial and monetary situation remains stable, the needs of the Treasury are secure, and it’s able to meet all commitments, especially on debt.” Lebanon is hopeful Qatar’s decision is a “prelude” to a show of support by other countries and institutions, he said on Twitter.

BEIRUT (Reuters) – Tuesday’s Oscar nomination for the Lebanese film “Capernaum”, praised for its depiction of poverty in the slums of Beirut, …