Omnicom and Interpublic are reportedly merging
Omnicom and Interpublic, two giants of the marketing universe, appear to be looking to join forces. A WSJ report suggests they’re close to signing...
US restricts China’s access to AI and chip components
The Biden administration has introduced new measures to block China’s access to key semiconductor technologies.
As of today, 140 Chinese companies, including major firms like...
Amazon invests additional $4 billion in AI startup Anthropic
Amazon announced that it has invested an additional $4 billion in the AI startup Anthropic, ramping up its total investment to $8 billion. The...
Digital payment apps now under bank-like scrutiny in US
In the US, the Consumer Financial Protection Bureau (CFPB) has finalized a rule that will bring major digital payment providers under similar regulatory oversight...
Spirit Airlines announced that it’s filed for Chapter 11 bankruptcy
Spirit Airlines announced that it’s filed for Chapter 11 bankruptcy. The move aims to restructure its overwhelming debt burden.
The filing comes after two collapsed...
Decentralized social media platform Bluesky sees surge in popularity
Bluesky is the latest social media app to make headlines across the world. Many people are moving away from bigger platforms and want something...
Do humans and AI work better together or alone?
Over the past few years, artificial intelligence (AI) has rapidly gained popularity, progressing at a surprising pace. We imagine humans and AI working side-by-side,...
Can nuclear power bridge Europe’s energy gap?
As Europe transitions away from fossil fuels, nuclear energy is back in the conversation. Renewable energy sources like wind and solar are clean, yes,...
Deloitte report reveals potential of AI agents in transforming workflows
According to a new Deloitte report, AI agents have the potential to completely change how businesses work in a very different way from the...
Financial stress may make leaders, especially men, more abusive to subordinates
Researchers from Colorado State University and the University of New Mexico found that bosses who are financially stressed, especially if they are men, are...