In a strategic move to bolster economic ties, the United Kingdom is sending a trade delegation to Kolkata focused on two of the most transformative sectors today: artificial intelligence (AI) and semiconductors. This visit, scheduled for November 18-19, 2024, will feature 17 prominent British organizations that specialize in technological innovations. Their mission is clear: to […]
Digital Ethiopia 2025: Navigating the Future of Public Services with Digital Identity
Ethiopia is on the threshold of a significant digital transformation, with the Digital Ethiopia 2025 initiative playing a pivotal role. This landmark program aims to enhance public service delivery through digital means, fundamentally changing how citizens interact with their government. Central to this ambitious plan is the Fayda digital ID system, which promises to streamline […]
Amnesty International Raises Alarm Over AI-Driven Discrimination in Danish Welfare System
Amnesty International has recently highlighted serious concerns about the use of artificial intelligence (AI) tools by the Danish welfare authority, Udbetaling Danmark (UDK), and its partner, Arbejdsmarkedets Tillægspension (ATP). These concerns revolve around the implementation of AI in fraud detection related to social benefits, with the organization warning that such systems may disproportionately harm vulnerable […]
Telfar to Open Its First Flagship Store
The eagerly awaited flagship store of Telfar, the cult fashion label, will finally open its doors on November 23, 2024, in New York City’s vibrant SoHo neighborhood. This marks a significant milestone for Telfar, a brand that has captivated a global audience with its inexpensive luxury goods, particularly the highly sought-after “Bushwick Birkin” tote bags. […]
The BoF Podcast | Tina Brown on the Role of Journalism in the Age of Donald Trump
In the fast-paced world of media today, the significance of journalism cannot be overstated. Recently, at BoF VOICES 2024, the former editor of Vanity Fair, Tina Brown, engaged in a thought-provoking discussion with BoF founder Imran Amed. Their conversation revolved around the evolving landscape of journalism, especially in the context of truth and democracy during […]
UN Cybercrime Treaty Heads to Final Vote Amid US Support
The United Nations Cybercrime Convention is approaching a pivotal vote in the General Assembly, with strong advocacy from the United States and the United Kingdom. Despite significant reservations expressed by various stakeholders, including the private sector, civil rights groups, and some US lawmakers, both nations have reaffirmed their commitment to the treaty. This decision has […]
The Business of Beauty Haul of Fame: Is “The Substance” Real?
In the realm of beauty, the trend of “regenerative aesthetics” is gaining traction, capturing the attention of consumers and industry insiders alike. From medical spas to TikTok influencers, this concept is being discussed everywhere, promising to rejuvenate the skin as if it were still in its youth. But what does this really mean, and is […]
Second-Hand Marketplace Vinted Rules Out IPO for Now, CEO Says
In a striking move, Vinted, Europe’s leading online marketplace for second-hand clothing, has announced its decision to postpone plans for an initial public offering (IPO). The Vilnius, Lithuania-based company, now valued at €5 billion ($5.29 billion) following a successful secondary share sale led by TPG, has chosen instead to focus on expanding its operations into […]
Hims Drops Most Ever as Amazon Enters Hair-Loss Drug Market
The recent move by Amazon to market hair-loss treatments has sent shockwaves through the telehealth sector, particularly affecting Hims & Hers Health Inc. The company’s shares plummeted by 18 percent—marking the steepest decline in its five-year trading history—on the announcement of Amazon’s entry into this lucrative market. This turn of events underscores the intense competition […]
Alibaba Results Reveal Anaemic Chinese Business, Solid International Growth
Alibaba Group Holding Ltd. has recently released its financial results for the September quarter, revealing a mixed performance across its operations. Most notably, while the company’s domestic e-commerce division, which includes the popular platforms Tmall and Taobao, managed a mere 1 percent growth in sales, its international segment, encompassing Lazada and AliExpress, exhibited a remarkable […]
