Shein, the fast-fashion giant, is strengthening its lobbying efforts in Europe ahead of its imminent initial public offering (IPO) in London. The company has recently hired former EU budget commissioner Günther Oettinger to navigate the increasingly complex regulatory landscape that could impact its operations in the region. This strategic move comes as the European Union […]
Anna Wintour and Tory Burch are set to co-host a prominent fundraiser for Vice President Kamala Harris in Southampton on August 31, a strategic move as the 2024 election campaign unfolds. This event, aimed at garnering support for Harris’s political ambitions, has ticket prices that range from $2,500 to $50,000, underscoring the high-stakes nature of […]
Trove, a prominent name in branded resale, has made headlines by acquiring Recurate, a key player in the sector. This strategic move positions Trove as a powerhouse in the resale market, capturing a staggering 75% of the branded resale traffic in the United States. Trove operates a fully managed resale model, seamlessly handling every aspect […]
In the dynamic landscape of Southeast Asia’s e-commerce market, Sea Ltd.’s Shopee is reinforcing its position amidst fierce competition. The company recently raised its sales forecast, projecting a growth rate in the “mid-20 percent” range for this year, up from earlier predictions of “high teens.” This optimism follows a robust second quarter where Shopee’s gross […]
In a significant move to address cybersecurity concerns, the United Kingdom and France are set to launch a consultation aimed at tackling the misuse of commercial cyber intrusion tools. This initiative, part of the Pall Mall Process, invites contributions from various stakeholders, including states, industry leaders, and civil society experts. The primary objective is to […]
The competition between the United States and China in artificial intelligence (AI) has reached a critical point. For a decade, the U.S. has maintained a leading position in AI research. Alphabet, the parent company of Google, has been pivotal in this dominance, publishing the most frequently cited papers in the AI domain. However, China’s advancements, […]
In an exciting breakthrough for the scientific community, the AI system known as ‘The AI Scientist’ has emerged, capable of autonomously conducting and documenting research. Offered by Sakana AI, this innovative solution aims to streamline the typically lengthy process of scientific paper writing, providing an efficient alternative at a cost of just £12 per paper. […]
BMW is paving the way for a transformative future in manufacturing by testing AI robots on its production floor. Collaborating with Figure, a company specializing in humanoid robotics, BMW is examining how these advanced machines can enhance efficiency in car production. The Figure 02 robot has demonstrated impressive abilities, handling intricate tasks that typically require […]
In a significant move towards integrating technology within education, the Prime Minister of Pakistan, Shehbaz Sharif, has announced a series of tech initiatives aimed at equipping students with essential skills for the future. Recognizing the pivotal role of artificial intelligence (AI), Sharif called for a long-term educational program designed to bridge existing social gaps and […]
Tokyo, a city constantly preparing for natural disasters, has taken a significant step forward by integrating artificial intelligence into its disaster response system. Hitachi’s new AI technology is designed to rapidly detect emergencies such as fires and building collapses, a crucial development for a region that faces frequent natural hazards. The innovative system utilizes a […]
