In July 2024, Canada officially joined Horizon Europe, the European Union’s flagship funding programme dedicated to research and innovation. This monumental agreement was signified by a joint signing ceremony involving Iliana Ivanova, the Commissioner for Innovation, Research, Culture, Education and Youth, and François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry. This development not only […]
EU Member States Face Cybersecurity Deadline Challenges
As the cybersecurity landscape grows increasingly complex, EU member states are grappling with looming deadlines to enhance their digital defenses. The Network and Information Security Directive (NIS 2), designed to fortify cybersecurity across critical sectors, sets an implementation deadline of October 17, 2024. However, many member states are already behind, raising alarms among businesses that […]
Meta Faces Another Round of Layoffs Affecting Threads and Other Teams
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, is once again in the news for its workforce reductions. On October 17, 2024, the company announced another wave of layoffs, which significantly impacts various teams, including those associated with Threads, recruiting, legal operations, and design. This strategic move is part of Meta’s ongoing effort […]
Prada and Axiom Team Up on Space Suit for Moon Mission
In an exciting merger of luxury and innovation, Italian fashion powerhouse Prada has collaborated with Axiom Space, a pioneering space technology firm, to create a new spacesuit designed for NASA’s upcoming Artemis 3 mission. Scheduled for launch in 2026, this mission marks the first astronaut moon landing since the Apollo program concluded in 1972. The […]
Unily Launches Insight Center to Streamline AI Integration
In the realm of digital transformation, Unily is stepping up with its latest offering, the Insight Center, a platform meticulously designed to facilitate the integration of artificial intelligence (AI) within large enterprises. This innovative solution is a game-changer, providing businesses with a streamlined approach to managing digital assistants and language models, enhancing operational efficiency across […]
Empowering Women in the Beauty Industry: The Lead Programme's Role in Advancing Gender Parity
Despite the critical global agenda aimed at achieving gender equality and empowering women, momentum towards parity has noticeably slowed, particularly in the wake of ongoing crises and challenges. The beauty industry, a sector predominantly composed of women, offers a unique opportunity to initiate and accelerate change. This is where Francis Tesmer, founder and CEO of […]
Fujitsu Unveils AI Tool to Optimize 5G Networks
In a significant advancement for telecommunications, Fujitsu has introduced an innovative AI-powered service designed to enhance the performance of 5G networks. This groundbreaking tool focuses on predicting traffic surges and managing base station operations, ensuring that users experience minimal disruptions during peak usage periods. The AI system employs real-time monitoring to assess network quality, dynamically […]
How Google Aims to Transform Shopping with AI
Google has announced significant updates to its shopping experience by integrating artificial intelligence (AI) into its platform. As consumers increasingly seek tailored shopping experiences, Google recognizes the necessity of evolving alongside these expectations. With over a billion shopping queries made daily on its platform, the stakes are high for Google to optimize its offerings, ensuring […]
UK Launches Innovative Programme to Mitigate AI Risks and Foster Economic Growth
In a decisive move to harness the power of artificial intelligence (AI) while simultaneously addressing its inherent risks, the UK government unveiled a new programme aimed at bolstering public confidence in AI technologies. Launched in collaboration with the Engineering and Physical Sciences Research Council (EPSRC) and Innovate UK, part of UK Research and Innovation (UKRI), […]
CBDCs Face Resistance from Key Central Banks
The global push towards central bank digital currencies (CBDCs) has encountered significant resistance from key players in the financial industry. The recent decisions by the Reserve Bank of Australia and the Bank of Canada to scale down their CBDC projects raise critical questions about the necessity and viability of these digital currencies. Adding to this […]