Key Business News

Russia’s Economy Shows Resilience Despite Sanctions, Oil Exports Stabilize Amid Geopolitical Tensions

Despite facing some of the most stringent economic sanctions in modern history, Russia’s economy has shown remarkable resilience in 2024. Western nations, led by the U.S. and European Union, imposed sanctions on Russia following its invasion of Ukraine, targeting key sectors such as banking, energy, and technology. These sanctions were intended to cripple Russia’s economic […]

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Disney’s CEO Bob Iger Extends Contract, Focuses on Digital Expansion and Revitalization of Theme Parks

The Walt Disney Company announced that its iconic CEO, Bob Iger, has extended his contract through 2026, underscoring the entertainment giant’s commitment to navigating a rapidly changing media landscape. The decision to extend Iger’s tenure reflects Disney’s confidence in his leadership as the company seeks to strengthen its core businesses while accelerating its digital transformation.

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Exclusive: Reddit in AI content licensing deal with Google

SAN FRANCISCO, Feb 21 (Reuters) – Social media platform Reddit has struck a deal with Google (GOOGL.O), opens new tab to make its content available for training the search engine giant’s artificial intelligence models, three people familiar with the matter said. The contract with Alphabet-owned Google is worth about $60 million per year, according to one of

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Nanotechnology in medicine: Targeted drug delivery and tissue engineering

Nanotechnology has emerged as a powerful tool in the field of medicine, offering unprecedented capabilities for targeted drug delivery and tissue engineering. At the nanoscale, materials exhibit unique properties that can be harnessed to develop innovative medical treatments and therapies. By engineering nanoparticles and nanomaterials with precise control over their size, shape, and surface properties,

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3D printing organs: The potential for organ transplants

3D printing has emerged as a groundbreaking technology with the potential to revolutionize organ transplantation by addressing the critical shortage of donor organs. Traditional organ transplantation relies on donated organs, which are often in short supply, leading to long waiting lists and a high risk of rejection. 3D printing offers a promising solution to this

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Virtual Reality in IT Innovation

Virtual Reality (VR) is a cutting-edge technology that is revolutionizing the way we interact with computers, and it has the potential to transform many industries, including IT. VR is a computer-generated simulation of a three-dimensional environment that can be experienced using a VR headset. In the IT industry, VR is being used for a variety

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How is Twitter Faring after Elon Musk Taking over

In January 2023, Twitter has undergone a significant transformation after being acquired by Elon Musk. The acquisition, which took place in 2022, was a result of Musk’s ambition to expand his influence beyond the realm of Tesla and SpaceX. Since the acquisition, Twitter has seen a number of changes in its user experience, policies and

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Ibex and Medipath Sign Multi-Year, Multi-Site and Multi-Tissue Expansion of AI for Cancer Diagnosis Across France

Medipath becomes a global AI-powerhouse with the deployment of Ibex solutions across 30 laboratories in France TEL AVIV, Israel, and FREJUS, France, Sept. 2, 2022 /PRNewswire/ — Ibex Medical Analytics, the leader in AI-powered cancer diagnostics, and Medipath, the largest network of private pathology labs in France, today announced a new agreement to expand the deployment of Artificial Intelligence (AI) to additional labs

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Zoho enters self-service BI market with focus on usability, data prep

Productivity SaaS provider Zoho has entered the business intelligence (BI) platform market, announcing an AI-powered, self-service platform that combines the new Zoho DataPrep application with an enhanced version of Zoho Analytics. The Chennai, India-based multinational is betting that it can win over business users with a combination of features focused on ease-of-use, support for data

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How AI will transform these 7 industries in 2023

As we stand on the threshold of 2023, the world is witnessing a rapid transformation in the way we live, work, and communicate with each other. Artificial Intelligence (AI) has emerged as one of the most disruptive technologies that will shape the future of the world. AI is all set to change the world in

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