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newsiq_001 | What was the main cause cited for the recent Silicon Valley Bank collapse? | newsiq | Silicon Valley Bank collapsed primarily due to a bank run triggered by concerns over unrealized losses in its bond portfolio. The bank had invested heavily in long-term bonds during the low interest rate period, and when interest rates rose rapidly, these bonds lost significant value. When SVB announced it needed to raise capital to cover these losses, depositors panicked and withdrew funds en masse. | medium | factual |
newsiq_002 | Which countries have joined BRICS in its recent expansion? | newsiq | In the 2024 expansion, BRICS welcomed Saudi Arabia, Iran, Ethiopia, Egypt, Argentina (though Argentina later declined), and the United Arab Emirates as new members, expanding the bloc from 5 to 10 countries. | easy | factual |
newsiq_003 | What were the key provisions of the CHIPS and Science Act? | newsiq | The CHIPS and Science Act, signed in August 2022, provides approximately $280 billion in funding, including $52 billion in subsidies for semiconductor manufacturing in the US, tax credits for chip production facilities, and $200 billion for scientific research and development over the next decade. | medium | factual |
newsiq_004 | What significant AI safety commitments did major tech companies make at the White House in 2023? | newsiq | In July 2023, seven leading AI companies (Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and OpenAI) made voluntary commitments at the White House including: sharing safety test results with government, investing in cybersecurity, developing watermarking for AI-generated content, and prioritizing research on societal risks of AI. | hard | factual |
newsiq_005 | What was the outcome of the UAW strike against the Big Three automakers in 2023? | newsiq | The UAW's 2023 strike against Ford, GM, and Stellantis resulted in historic contract agreements including: 25% wage increases over 4.5 years, cost-of-living adjustments, faster progression to top pay (3 years instead of 8), and the right to strike over plant closures. Workers also gained improvements in retirement benefits. | medium | factual |
newsiq_006 | What are the main allegations in the DOJ antitrust case against Google? | newsiq | The DOJ's antitrust case against Google alleges that Google maintained an illegal monopoly in search and search advertising through exclusive dealing agreements, particularly paying billions to Apple and other companies to be the default search engine on devices and browsers, effectively locking out competitors. | medium | factual |
newsiq_007 | What triggered the 2023 banking crisis and which major banks failed? | newsiq | The 2023 banking crisis was triggered by rapid interest rate increases which devalued banks' bond holdings. Silicon Valley Bank, Signature Bank, and First Republic Bank all failed within months. SVB's collapse on March 10, 2023 was the second-largest bank failure in US history, followed by First Republic's failure in May 2023 as the largest. | hard | multi-hop |
newsiq_008 | What were the key findings of the Congressional hearing on UFOs/UAPs in 2023? | newsiq | The July 2023 Congressional hearing featured testimony from former intelligence officer David Grusch, who alleged the US government possesses non-human craft and biologics. Navy pilots Ryan Graves and David Fravor described their UAP encounters. The hearing led to calls for greater transparency and the establishment of UAP reporting mechanisms. | medium | factual |
newsiq_009 | How did the Israel-Hamas conflict that began in October 2023 start? | newsiq | On October 7, 2023, Hamas launched a surprise attack on Israel from Gaza, breaching the border fence, killing approximately 1,200 Israelis, and taking over 240 hostages. Israel responded with a military offensive in Gaza and a blockade, leading to a humanitarian crisis and ongoing conflict. | medium | factual |
newsiq_010 | What changes did X (formerly Twitter) implement after Elon Musk's acquisition? | newsiq | After Musk's acquisition in October 2022, major changes included: mass layoffs (reducing staff from ~7,500 to ~2,000), rebranding from Twitter to X, restructuring verification with paid Twitter Blue subscriptions, reinstating previously banned accounts, modifying content moderation policies, and changing the API access model to paid tiers. | medium | multi-hop |
newsiq_011 | What were the main provisions of the EU's AI Act? | newsiq | The EU AI Act, adopted in 2024, creates a risk-based framework for AI regulation. It bans certain AI practices (social scoring, real-time biometric surveillance), imposes strict requirements on high-risk AI systems (healthcare, law enforcement), requires transparency for general-purpose AI models, and establishes penalties up to 7% of global revenue for violations. | hard | factual |
newsiq_012 | What led to Sam Altman's brief departure from OpenAI in November 2023? | newsiq | On November 17, 2023, OpenAI's board fired CEO Sam Altman citing he was 'not consistently candid in his communications.' This triggered employee backlash, with over 700 of 770 employees threatening to quit. Microsoft offered to hire Altman. After 5 days, Altman was reinstated with a new board structure. | medium | factual |
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