L’Oréal Sales Increase 2.4%, Missing Expectations L’Oréal, the world’s largest beauty company, recently reported a 2.4% increase in sales. While this growth is undoubtedly positive, the company fell slightly short of analyst expectations. The primary factors contributing to this shortfall were challenges in the travel retail sector and slower growth in Europe, which put pressure […]
Procter & Gamble Names Shailesh Jejurikar as CEO, Replacing Jon Moeller
Procter & Gamble Names Shailesh Jejurikar as CEO, Replacing Jon Moeller Procter & Gamble, the consumer goods giant behind iconic brands like Tide, Pampers, and Gillette, has announced a change in its leadership. Shailesh Jejurikar is set to take the reins as the new CEO, succeeding Jon Moeller. This move marks a significant shift in […]
Maison Kitsuné Is Closing All Its US Stores
Maison Kitsuné Is Closing All Its US Stores Renowned fashion and music label Maison Kitsuné is making waves once again, but this time it’s not for a new collection or collaboration. The brand has taken a bold step by deciding to close all its physical retail locations across the United States. This move comes as […]
LVMH Slide Signals No Quick End to Big Luxury’s Malaise
LVMH Slide Signals No Quick End to Big Luxury’s Malaise The luxury industry has hit a rough patch, with LVMH, the sector bellwether, recently announcing a steep sales decline in its core fashion and leather goods division. This division is home to iconic brands like Louis Vuitton and Dior, making it a key indicator of […]
EU and Japan deepen AI cooperation under new digital pact
EU and Japan Deepen AI Cooperation Under New Digital Pact The European Union and Japan are taking a significant step forward in their collaboration on artificial intelligence (AI) with the establishment of a new digital pact. This move underscores the commitment of both regions to fostering innovation, strengthening economic ties, and ensuring the protection of […]
EE expands 5G standalone network to reach over half the UK population
EE Expands 5G Standalone Network to Reach Over Half the UK Population EE, the UK’s largest mobile network operator, is making significant strides in expanding its 5G standalone network to cover more areas across the country. The latest rollout by EE aims to bring faster, more reliable, and secure 5G coverage to over half of […]
US supercomputer trains AI on 53 million nuclear docs for faster plant approvals
US Supercomputer Trains AI on 53 Million Nuclear Docs for Faster Plant Approvals The Oak Ridge National Laboratory (ORNL), headed by the Department of Energy, have penned a remarkable milestone in the realm of artificial intelligence (AI) and nuclear energy. By harnessing the power of Summit, the world’s fastest supercomputer, ORNL has embarked on a […]
New AI strategy aims to attract global capital to Indonesia
New AI Strategy Aims to Attract Global Capital to Indonesia Indonesia, known for its rich cultural heritage and stunning natural landscapes, is now making waves in the tech industry with its ambitious plans to become a regional hub for artificial intelligence (AI) innovation. With the recent commitments from tech giants Microsoft and Nvidia to invest […]
Opinion: Welcome to the Big Flat Now
Opinion: Welcome to the Big Flat Now In the dynamic landscape of the creative industry, a profound shift is underway – one that is reshaping the way we perceive boundaries, freedom, and innovation. Thom Bettridge, Joerg Koch, and Lucas Mascatello, prominent voices in this ever-evolving sector, advocate for a paradigm they aptly term the “Big […]
Agentic AI gains ground as GenAI maturity grows in public sector
Agentic AI Gains Ground as GenAI Maturity Grows in Public Sector Artificial Intelligence (AI) has become a pivotal tool in enhancing efficiency and effectiveness across various industries, and the public sector is no exception. With the advancement of AI technologies, there has been a notable shift towards the adoption of agentic AI in public sector […]