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 […]
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.
Efforts by a large section of US technology majors to subject open-source generative AI to curbs and regulations could stifle innovation across the world and likely prove counterproductive even for Washington, which has hitherto led the global race in scaling and harnessing Gen AI, said a top innovation executive. “If the attempts to squash open-source
BigTech lobbying to derail open source GenAI: DeepLearning AI’s Andrew Ng Read More »
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
Exclusive: Reddit in AI content licensing deal with Google Read More »
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,
Nanotechnology in medicine: Targeted drug delivery and tissue engineering Read More »
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
3D printing organs: The potential for organ transplants Read More »
Apple is facing a number of issues in China, with geopolitical risks mounting and the economy still not firing as many would have hoped. But the biggest challenge of all, according to analysts, could be a resurgent Huawei after a purported major semiconductor breakthrough that flew in the face of U.S. sanctions. The latest chip, made
Britain remains on course to have the highest inflation of leading rich economies in 2023, according to Organisation for Economic Co-operation and Development forecasts which showed the country’s inflation problem widening compared with most of its peers. Britain’s headline inflation rate was set to average 7.2% over 2023, up from a previous forecast of 6.9%
UK inflation to be highest among big economies in 2023 Read More »
Germany finds itself at a crossroads of global issues as it deals with an economic contraction, according to Peter Oppenheimer, chief global equity strategist and head of macro research EMEA at Goldman Sachs. “The predicament that the economy is facing at the moment is really down to a number of factors,” Oppenheimer told CNBC Tuesday,
Recession-hit Germany is facing a flurry of global headwinds, Goldman Sachs says Read More »
Over the past several months, job cuts in the tech industry have continued to pile up, as companies adapt to a new reality and brace for an uncertain economic future. The largest companies in tech have announced major layoffs, including Google, Microsoft, Amazon, Coinbase, Crypto.com, Salesforce, and Facebook parent Meta, to name a few. Google,
Tech Layoffs- Impact & Reasons Assessment Read More »
