In response to the recent ban on Amazon’s representatives in the European Parliament, trade unions have taken a decisive stance, demanding the exclusion of all lobbying organizations affiliated with Amazon.…
Category: Business
Private Companies Pioneering Lunar Exploration
The recent lunar mission by Intuitive Machines, although cut short, marks the beginning of a new era in space exploration led by private companies. Experts assert that this mission, subsidized…
European Businesses Lag in AI Skills Training
A recent report by LinkedIn highlights a concerning trend: despite the projected shift in job skills due to the rise of Generative AI, a significant portion of European businesses are…
Spain Implements Temporary Ban on Worldcoin Eyeball Scans
Amid growing concerns over privacy issues, Spain has enforced a temporary prohibition on Worldcoin’s eyeball scans, a technology developed by OpenAI CEO Sam Altman’s company, citing worries regarding the handling…
Language Bias in AI Models: Implications of Dialect Detection
A recent study conducted by Cornell University sheds light on the inherent bias within large language models (LLMs), indicating a tendency to criminalize users employing African American English. Researchers utilized…
Tech Giants Adapt to EU Regulations
Major tech companies operating in the European Union have undergone significant changes to comply with new regulations set forth by the EU’s Digital Markets Act. This week marked the deadline…
Lufthansa’s Post-Pandemic Prosperity: Record Profits and Dividends
Lufthansa, Europe’s largest airline group, celebrated a remarkable financial year in 2023, marking it as the third-best performance in the company’s history. Net profits soared, more than doubling from the…
Oil and gas giants experience profit decline
The year 2022 marked a peak in profits for major oil and gas companies, driven by surging energy prices amidst Russia’s invasion of Ukraine. However, data from AltIndex.com, Exxon Mobil,…
Starbucks Middle East Cuts 2,000 Jobs Amid Activist Boycotts
Starbucks MENA franchisee, Alshaya Group, has made the tough decision to let go of approximately 2,000 workers across its coffee shops in the Middle East and North Africa. These actions…
Meta Seeks Dismissal of Shareholder Lawsuit
Meta Platforms and its executives, including Mark Zuckerberg, are petitioning a Delaware judge to dismiss a shareholder lawsuit alleging the company’s failure to address human trafficking on its social media…