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Global conglomerate Unilever PLC has delighted business gurus with the announcement of its ice cream division’s spin-off. The plan, part of their growth action strategy unveiled on March 19, 2024, aims to refine Unilever’s portfolio and hopes to save a chilling €800.0 million over three years. The process, reminiscent of
Despite ongoing conflicts with Hamas, Israeli tech start-ups have weathered the storm, raising an impressive $3.1 billion since October 7th. This achievement, made possible by 220 private investment rounds, highlights the tenacity and innovative spirit of Israeli entrepreneurs. Mainstream sectors like cybersecurity, health care and artificial intelligence have been at
Nexus Louisiana has announced an exciting line-up for the 13th Baton Rouge Entrepreneurship Week (BREW), set to kick-start on Thursday, March 28, 2024. Tagged “Stayin’ Alive”, this year’s theme focuses on resilience, adaptability, and sustained success amidst the ever-evolving market landscape. BREW is designed to support and celebrate local entrepreneurship
Speculations abound over the robust stance of the US dollar continuing. This is largely due to expectations for potential interest rate reductions by the Federal Reserve and possible changes to monetary policy. Despite uncertainties, the outlook remains optimistic for a tough performance by the dollar. The US dollar’s strength remains
The Entertainment Software Ratings Board (ESRB) revealed intentions to debut a facial recognition instrument aimed at confirming user ages. The objective was clear: prevent underage users from accessing explicit content. The advent of this tool was expected to revamp age verification systems, safeguarding young audiences from unsuitable content. As the
China’s annual tomb-sweeping ritual has taken a digital turn, allowing users to create virtual versions of their deceased relatives. In the midst of mixed emotions, ethical implications abound. Via online platforms, digital replicas of loved ones can be constructed to send greeting messages on holidays. Some people find solace in
Google is pondering on charging for advanced artificial intelligence (AI) enriched search results. This significant shift from their ad-based revenue model might usher in new income streams, but also raise concerns about affordability and accessibility among individual users and small businesses. Annotating AI abilities within their ‘AI Premium’ tier of
Ian Hathaway now wears the crown of the OpenAI Startup Fund, taking the reins from CEO Sam Altman. The transition symbolizes a fresh chapter in the fund’s story. Under the keen direction of Hathaway, a seasoned entrepreneur, the fund will maintain its unwavering commitment to technological innovation and AI breakthroughs.
Federal Reserve Chairman Jerome Powell’s potential interest rate cut before the year ends has paved the way for growth in the securities and bond markets. This announcement stimulated a 0.2% rise in the Stoxx 600 Index and about 0.5% in Nasdaq 100 futures. With anticipated shifts in monetary policy, investors
The EUR/USD pair is showing promise with its third consecutive day of positive trading, hitting a new weekly high in the mid 1.0800s during Asian trade hours. This surge can be attributed to the sustained weakness of the U.S dollar in the global market, a trend that commentators expect to