Trump Eyes TikTok Sale: Four Buyers in Play In a move that has captured the attention of the tech world, President Donald Trump has set his sights on the popular Chinese-owned app TikTok, pushing for a sale to American investors. The situation has attracted potential buyers, including former Los Angeles Dodgers owner Frank McCourt, with […]
Foot Locker Outlook Weighed Down by Discounts, Weak Demand
Foot Locker Struggles with Lower Earnings Forecast Due to Weak Demand and Increased Competition Foot Locker, a prominent athletic footwear and apparel retailer, is facing a challenging outlook as it grapples with lower-than-expected earnings projections for the year. The company recently announced that it anticipates a decline in profits, pointing to several key factors that […]
The Debrief | Can Farfetch Be Fixed?
The Debrief | Can Farfetch Be Fixed? Farfetch, the online luxury fashion platform, has been a prominent player in the e-commerce industry for quite some time. However, recent changes in ownership have sparked discussions about the company’s future and its potential for revival. Executive Editor Brian Baskin and Senior Correspondent Sheena Butler-Young recently sat down […]
Meta eyes $35 billion data centre financing
Meta Eyes $35 Billion Data Centre Financing to Meet AI Infrastructure Demand Meta, formerly known as Facebook, has recently made waves in the tech industry with its ambitious plans to invest $35 billion in data center financing. This substantial investment is strategically aimed at meeting the surging demand for AI infrastructure, reflecting Meta’s commitment to […]
New app replaces paper hospital passports for better accessibility
“Revolutionizing Healthcare: New App Redefines Accessibility for Hospital Passports” In the ever-evolving landscape of healthcare technology, a groundbreaking innovation has emerged to streamline and enhance the patient experience. Patients, often faced with the cumbersome task of managing paper hospital passports, have now found respite in a new app designed to revolutionize the way medical information […]
How Emerging Brands Can Solve the Wholesale Puzzle
How Emerging Brands Can Solve the Wholesale Puzzle In the ever-changing landscape of retail, emerging brands are constantly seeking new ways to navigate the complex world of wholesale. Partnering with department stores and boutiques used to be the traditional route for new labels to gain exposure and reach a wider audience. However, with the rise […]
Billionaire Bettencourt Meyers to Retire From L’Oréal’s Board
Billionaire Bettencourt Meyers to Retire From L’Oréal’s Board Francoise Bettencourt Meyers, the prominent heiress to the L’Oréal fortune, is set to step down from the company’s board later this year. This strategic move marks a significant transition in leadership within the cosmetics giant, as she plans to pass on her vice-chairman position to her son, […]
EU supports OpenEuroLLM for open-source AI innovation
EU Supports OpenEuroLLM for Open-Source AI Innovation The European Union has taken a significant step towards fostering open-source artificial intelligence (AI) innovation by supporting the OpenEuroLLM project. This initiative aims to enhance multilingual AI accessibility, making it easier for people from different linguistic backgrounds to benefit from AI technologies. This support from the EU underscores […]
Former Fendi Chief to Lead Jil Sander
Former Fendi Chief Executive Serge Brunschwig Takes the Helm at Jil Sander The fashion industry is no stranger to high-profile executive shuffles, and the latest move sees former Fendi chief executive Serge Brunschwig stepping into the role of CEO at Jil Sander. This announcement also comes with the additional title of chief strategy officer at […]
US Treasury sued for sharing private financial data with Musk’s DOGE
US Treasury Faces Lawsuit for Allegedly Sharing Private Financial Data with Musk’s DOGE The US Treasury is under fire as union groups have filed a lawsuit against it, alleging that the department unlawfully provided Elon Musk’s cryptocurrency, DOGE, access to the private financial and personal information of millions of Americans. This shocking revelation has sparked […]