Are Luxury Megabrands Broken? Luxury megabrands like LVMH, Kering, and Chanel have long been the epitome of sophistication, exclusivity, and success in the fashion world. However, recent simultaneous crises within these giants have raised concerns about the sustainability of the luxury megabrand model. From shifting consumer preferences to global economic challenges, these industry leaders are […]
South Korea’s new Science Minister pledges AI-led national transformation
South Korea’s New Science Minister Pledges AI-Led National Transformation South Korea’s technological prowess is set to receive a significant boost with the recent appointment of Bae Kyung-hoon as the country’s Science Minister. With a vision to harness the power of Artificial Intelligence (AI) for national development, Bae Kyung-hoon has outlined four key AI policies that […]
Estée Lauder Companies Names Aude Gandon Chief Marketing and Digital Officer
Estée Lauder Companies Names Aude Gandon Chief Marketing and Digital Officer Estée Lauder Companies, a global leader in prestige beauty, has recently made a strategic move by appointing Aude Gandon as their Chief Marketing and Digital Officer. Gandon, who brings a wealth of experience from her previous role at Nestlé, is set to take on […]
Air Serbia suffers deep network compromise in July cyberattack
Air Serbia: Navigating the Aftermath of a July Cyberattack In the fast-paced world of aviation, where the safety and security of passengers and crew are paramount, any compromise to an airline’s network can have far-reaching consequences. Recently, Air Serbia found itself in the eye of the storm as internal memos confirmed that the airline had […]
Oracle commits billions to expand AI infrastructure in Europe
Oracle Commits Billions to Expand AI Infrastructure in Europe Oracle, the renowned tech giant, is making significant strides in expanding its artificial intelligence (AI) infrastructure in Europe. With a commitment to enhancing its capabilities in the region, Oracle is set to allocate billions towards this initiative. The company’s visionary approach towards AI development is poised […]
Meta reveals plans for giant AI superclusters to outpace OpenAI and Google
Meta Platforms Inc., the technology conglomerate behind Facebook, is going all-in on artificial intelligence infrastructure. CEO Mark Zuckerberg recently revealed the company’s ambitious plans to build giant AI superclusters that could potentially outpace competitors like OpenAI and Google. This strategic move by Meta signifies a significant shift towards leveraging AI to enhance its products and […]
Burberry Investors See Progress
Burberry Investors See Progress A year after Josh Schulman assumed the role of CEO at the iconic British luxury brand Burberry, investors are witnessing promising signs of recovery amidst a backdrop of dwindling sales. Despite the challenges posed by a shifting market landscape and the ongoing impact of the global pandemic, Schulman’s strategic vision and […]
Indonesia opens AI centre with global tech partners
Indonesia’s Bold Move: Jakarta Opens AI Centre with Global Tech Partners In a significant stride towards technological advancement, Indonesia has recently unveiled its state-of-the-art Artificial Intelligence (AI) center in Jakarta. This groundbreaking initiative aims to not only foster the development of AI technologies within the country but also to collaborate with global tech partners to […]
Metaverse for nuclear plants: Hitachi’s platform to boost efficiency in design, ops
Metaverse for Nuclear Plants: Hitachi’s Platform to Boost Efficiency in Design, Ops A Japanese company has launched a “Metaverse Platform for Nuclear Power Plants.” Hitachi plans to revolutionize the way nuclear power plants are designed and operated by leveraging the power of the metaverse. This innovative platform aims to enhance efficiency, safety, and productivity in […]
Qantas hacked as airline cyber threats escalate
Qantas Hacked: Meal Preferences Among Stolen Data as Airline Cyber Threats Escalate In the fast-paced world of aviation, where technological advancements have revolutionized the way we travel, the threat of cyber attacks looms larger than ever. The recent breach of one of Australia’s largest airlines, Qantas, serves as a stark reminder of the vulnerabilities that […]