Strike forces Boeing to Cut Workforce and Delay Jet Launch
Boeing will cut 17,000 jobs—10% of its global workforce—and delay the first deliveries of its 777X jet by a year, citing financial strain from...
Google Faces Potential Divestment of Chrome and Android in Antitrust Case
The U.S. Justice Department may ask a court to force Alphabet, Google’s parent company, to divest parts of its business, such as its Chrome...
Tesla to Unveil Robotaxi Plans as Analysts Question Profitability
Tesla CEO Elon Musk is set to reveal details about the company’s long-awaited autonomous taxi fleet on October 10, a project he claims could...
AI Companion Emerges in Microsoft’s New Copilot
Microsoft has launched a significant update to its AI system, Copilot, designed to make it more than just a productivity tool by focusing on...
PayPal Expands Cryptocurrency Capabilities for U.S. Merchants
PayPal Holdings (PYPL.O) announced on Wednesday that it will enable U.S. merchants to buy, hold, and sell cryptocurrency directly from their business accounts. This...
OpenAI Faces Executive Shakeup During Critical Funding Round
Three top leaders at OpenAI, the artificial intelligence company backed by Microsoft, announced their resignations on Wednesday. Chief Technology Officer Mira Murati, VP of...
Amazon Unveils AI Tool ‘Amelia’ to Boost Seller Support and Sales
Amazon has launched a new AI tool, Amelia, designed to assist independent sellers with managing sales metrics, inventory, and advertising on its platform. Unveiled...
Chip Giants TSMC and Samsung Consider Expanding to UAE
Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics are reportedly exploring plans to build major semiconductor factories in the United Arab Emirates (UAE) to...
Instagram Enhances Safety Settings for Teen Users
Instagram announced a major update on Tuesday aimed at safeguarding young users, rolling out new “teen account” settings that will automatically set accounts for...
Former Coursera Exec Joins OpenAI to Boost AI in Education
OpenAI has hired Leah Belsky, a former Coursera executive, as its first General Manager of Education. Belsky will lead efforts to integrate OpenAI’s tools...
Australia Enforces Age Limit on Social Media Use
Australia has introduced a new law setting a minimum age limit for social media use, aimed at protecting young users from online harm. Starting...
Google’s Ad Business Goes to Court Over Monopoly Claims
Google’s advertising business is under legal scrutiny in a trial that could impact its dominance in the digital ad industry. Following an earlier declaration...
iPhone 15 and More: What to Expect from Apple’s Fall Event
Apple has announced its highly anticipated fall event, set for September 12, 2024, where the tech giant is expected to unveil its latest products....
FedEx Invests in AI Robotics Firm Nimble to Boost Supply Chain
FedEx has announced a strategic investment in Nimble, an AI and robotics company, to strengthen its supply chain operations. By leveraging Nimble's cutting-edge automation...
U.S. Supply Chain Struggles May Boost Holiday Inflation
U.S. supply chains are facing challenges as the holiday season approaches, potentially driving up inflation. Disruptions in the supply chain are affecting the availability...
Women Business Leaders Outshine Men in Tech Expertise, Research Finds
New research by Accenture reveals that women business leaders are leading the charge in technology expertise, with 33% of women in leadership roles possessing...
Elon Musk’s X Faces Shutdown in Brazil Amid Legal Standoff
Elon Musk's social media platform X is on the brink of a shutdown in Brazil as tensions escalate with the Supreme Court. Judge Alexandre...
Klarna Leverages AI to Reduce Workforce, Reports Profit Surge
Swedish payments firm Klarna has cut hundreds of jobs by deploying AI chatbots to handle customer queries, with further reductions expected. CEO Sebastian Siemiatkowski...
What Does Google’s Antitrust Case Mean for Big Tech?
By Emil Bjerg, journalist and editor
In the first successful antitrust case since 2000, Google has been found guilty of monopoly formations. How will the...
The AI Hype has Lost its Momentum
By Emil Bjerg, journalist and editor
Economists and investors have grown skeptical about AI’s potential. Will AI find its way out of the trough of...
Starbucks Names Brian Niccol as New CEO Amid Leadership Shake-Up
Starbucks has appointed former Chipotle CEO Brian Niccol as its new chairman and CEO, effective September 9, following the unexpected departure of Laxman Narasimhan....
AI Risks Cited by 56.2% of Fortune 500 Companies as Concerns Skyrocket
A recent report by Arize AI reveals that 56.2% of Fortune 500 companies now list AI as a risk factor in their annual reports—a...
Ex-Google CEO Eric Schmidt Sparks Controversy with AI Advice to Students
Former Google CEO Eric Schmidt sparked controversy during a Stanford University talk by advising students to replicate TikTok’s intellectual property using AI if the...
Starbucks CEO Replaced Amid Sales Slump and Boycotts
Starbucks has replaced CEO Laxman Narasimhan after just 18 months, citing disappointing sales and rising pressures. Brian Niccol, the former CEO of Chipotle, will...
Bakai Bank has Become a Member of the Bankers Association for Finance and Trade
Thanks to its strategy of complying with anti-Russian sanctions, maintaining maximum transparency, and deep integration into international organizations, Bakai Bank has become a partner...
AI Industry Faces Rising Skepticism Amidst Uncertain Market Trends
As the AI industry navigates 2024, tech founders and investors are confronting growing skepticism about the future of generative AI. Initially spurred by the...
Global 500 Sees Decline in Female CEOs Despite Profit Growth
According to Fortune's Global 500 list this year, the percentage of women leading Global 500 companies has declined to 5.6% in 2024, down from...
Tech Industry Faces Turbulent Week Amid Sell-Off and Antitrust Ruling
Technology
The tech sector experienced a rough start to the week as a Monday stock sell-off, triggered by disappointing earnings, led to a $615.6 billion...
Parks Are Key Players in Sustainability and Resilience
Sustainable Development
The Urban Land Institute (ULI) has highlighted parks' critical role in advancing sustainability and resilience in urban areas. Parks help mitigate climate threats...
India’s Universities Lead in Sustainable Development
Sustainable Development
India is the best-represented nation in the 2024 Times Higher Education Impact Rankings, showcasing its universities' significant contributions to the United Nations' Sustainable...
OpenAI Enters the Search Engine Arena with SearchGPT
TECHNOLOGY
OpenAI is poised to disrupt the search engine market with its latest innovation, SearchGPT. This new AI-powered search engine, currently in prototype testing, aims...
Sixteen Reported Dead as Venezuelan Opposition Disputes Election Result
By Jin Kazma
Venezuelan opposition calls for demonstrations as it disputes the outcome of Sunday’s election.
At least 16 people have died and another...
2024 Olympic and Paralympic Games: Spotlight on Urban Logistics Challenges
By Gilles Paché
Sports mega-events lasting several weeks pose major logistical challenges, given the massive flow of people they generate, as demonstrated by the Paris...
How France’s Political Gridlock Affects the Euro
The unexpected victory of the left-wing alliance in the French parliamentary elections on 7 July, and the prospect of a parliament with no clear...
World Future Awards Honors the TOP 100 Global Innovation Companies of 2024
Progress and innovation are the lifeblood of advancement, and with that in mind, World Future Awards is thrilled to announce the Top 100 Global...
Women in Tech Global and UN Women Call to Shatter the Glass Ceiling in...
Women in Tech Global, with the support of UN Women, launched a global awareness campaign to confront the persistent existence of the glass ceiling...
Anthropic Claims Their Claude Update Outperforms GPT-4 and Google
By Emil Bjerg, journalist and editor
Anthropic, backed by Amazon and Google, has released its Claude 3 model family. Their most intelligent model, they claim,...
NinjaOne Secures $231.5M Series C Funding Led by ICONIQ Growth
Investment Fuels Customer Success and Support, Product Innovation, and Growth as Endpoint Management Category Further Embraces Automation
AUSTIN, TX — February 6, 2024 — NinjaOne, a leading...
New IMF Report: AI Can Boost Growth and Deepen Inequality
By Emil Bjerg, journalist and editor
IMF estimates that around 40 percent of jobs globally will be impacted by AI. It’s ‘crucial’ that countries develop...
Tech Events Dominating Europe: A Guide to Top Tech Summits for Business Leaders
From Generative AI to cloud security and everything in between, the range of tech events taking place each year can be overwhelming.
Introduction
There are a...
The top 10 Biggest Companies of Today
City Index can reveal that Apple is the most valuable company in history, having a market cap of $3.03 trillion. Apple was founded in 1976 and...
2024 American Elections and Its Impact on European Business Relations
An Unprecedented Electoral Landscape
As the world turns its gaze towards the 2024 American elections, the global implications are more significant than ever, especially concerning...
Bitcoin is 15: Towards Adulthood or Speculative Bubble?
By Jacques Bughin
Globally, more than 15,000 businesses accept Bitcoin. To date, high flyers such as Microsoft, AT&T, Starbucks, Gucci, and Shopify accept Bitcoin in...
2023 in Review
By Emil Bjerg, journalist and editor
With 2023 coming to an end, we review the most impactful events in a year that’ll be remembered particularly...
Students of Igor Sikorsky Kyiv Polytechnic Institute was Well Presented by Startups at the...
The recent Web Summit 2023 in Lisbon showcased the innovative projects of the student team from the FICE at the National Technical University of...
Altman’s Exit and Return: A Timeline and the Main Takeaways
By Emil Bjerg, journalist and editor
In an astonishing sequence of events, the tech world witnessed a dramatic exit of Sam Altman from OpenAI, a...
DevDay: The GPT Update
By Emil Bjerg, Journalist and Editor
Less than a year after the public release of ChatGPT, OpenAI’s Sam Altman recently announced some pretty serious additions...
The Evolving Face of Executive Education Learning: Global Trends and Topics
By Pamela Martinez
At a time when the business world is challenged by radical advances in technology, volatility, and disruption, it’s encouraging to see how...
The European Business Review Unveils Exciting Reimagined Executive Education Opportunities
London, October 2023 — The European Business Review (TEBR), a renowned platform for global leaders, business thinkers, and scholars, has just launched a groundbreaking...
Climate Week NYC – What European Businesses Need to Know
By Hayley Moller
On a Monday night two weeks ago, I found myself wedged among 1,000 people in a multi-level club in the lower East...