Business

Mold Livestock Market: A Hub for Quality Livestock Trading
Business

Mold Livestock Market: A Hub for Quality Livestock Trading

Mold Livestock Market is one of the most reputable and well-established livestock markets in the UK. This thriving marketplace serves as a key destination for farmers, traders, and buyers seeking top-quality livestock. Whether you're looking for cattle, sheep, or other farm animals, the Mold Livestock Market offers a diverse selection with competitive pricing. Why Choose Mold Livestock Market? There are several reasons why Mold Livestock Market stands out in the agricultural industry: Wide Variety of Livestock – The market features cattle, sheep, pigs, and more, meeting the needs of various buyers. High-Quality Standards – Animals are well-maintained, ensuring healthy and productive livestock. Competitive Prices – Buyers and sellers benefit from fair and transparent pricing...
Honda and Nissan Confirm Cancellation of Merger Talks
Business, Japan, News

Honda and Nissan Confirm Cancellation of Merger Talks

The two Japanese car manufacturers confirmed on Thursday that the planned merger between Honda and Nissan has officially been cancelled. The Japanese business newspaper Nikkei reported earlier this month that Honda and Nissan had stopped discussing a merger. The two car manufacturers announced in December that they were looking at a merger, which would have created the third-largest car manufacturer in the world. In February, the two car manufacturers were supposed to present a plan for further negotiations. The companies' intention to join forces was seen as an attempt to catch up with American car manufacturer Tesla and Chinese companies in the electric vehicle market. Honda's CEO stated in December that it was not a rescue operation for Nissan, which cut thousands of jobs last...
Tata Steel: US Important Market With 12 Percent of Sales
Business, News, US

Tata Steel: US Important Market With 12 Percent of Sales

Tata Steel is closely monitoring developments surrounding the threat of new import duties on steel and aluminium from American President Donald Trump. The United States is an important market for the steel company from IJmuiden, with approximately 12 percent of total annual sales going to it. According to a spokesperson for Tata Steel, this amounts to 800,000 to 900,000 tons of steel per year going to the US. "That is not insignificant," the spokesman said. Trump has threatened to impose 25 percent duties on steel and aluminium imported from abroad. "Import duties always impact our sales abroad. If higher tariffs are imposed there, it will affect us. Although not yet known, we are preparing for all possible scenarios. The steel company supplies steel for electric car batteries...
Russian Hackers Trick Diplomats With WhatsApp Codes
Business, Russia, Technology, US

Russian Hackers Trick Diplomats With WhatsApp Codes

A hacking group with Russian ties attempts to convince diplomats to join a WhatsApp group through targeted attacks to take over the entire account. According to a Microsoft Threat Intelligence Report, Russian Star Blizzard, a group operating on behalf of Russia, is attempting to take over users' accounts with a spear phishing campaign. Spear phishing is a highly targeted attack, often targeting high-ranking people. According to Microsoft, this method has been attempted since mid-November. In it, the victim supposedly receives an email from a US government employee inviting them to a WhatsApp group about non-government initiatives to support Ukraine. Microsoft warns that the campaign explicitly targets government or diplomatic employees, including predecessors and successors to...
Microsoft Will Pump $80 Billion into Data Centres for AI Applications This Year
Business, News, Technology, US

Microsoft Will Pump $80 Billion into Data Centres for AI Applications This Year

Microsoft's chairman, Brad Smith, announced that it will invest $80 billion in data centre expansion by 2025. This is necessary to enable the enormous computing power required for AI applications. More than half of the investment is in the United States. "This reflects our confidence in the American economy," Smith said in a blog post. He also called on the new US President, Donald Trump, to support the sector and not to hinder it with "heavy regulations" regarding artificial intelligence. Race for computing powerIn the previous fiscal year, which ended in June 2024, Microsoft spent more than $50 billion on data centres. The major cloud infrastructure providers, such as Microsoft and Amazon, seem to have recently been engaged in a race for the most computing power to meet the g...
OpenAI Wants to Get Rid of Nonprofit Structure
Business, News, Technology

OpenAI Wants to Get Rid of Nonprofit Structure

ChatGPT maker OpenAI is changing its structure and looking to give its for-profit arm a more significant role to attract big investors. OpenAI began in 2015 as a nonprofit organization focused on making significant steps in AI development through research. Now, the company says it needs to transform to meet that mission. Today, OpenAI has a for-profit division, which is the branch that Microsoft has been investing in for the past few years. However, that division still falls under the nonprofit OpenAI. The plan is to transform that for-profit division into a public benefit corporation (PBC). Such a PBC structure makes it easier for investors to get involved and receive shares in return. That is what OpenAI is mainly concerned with. The company acknowledges that when it started...
TeamViewer Aims to Expand with US Acquisition
Business, Europe, Germany, News, Technology, US

TeamViewer Aims to Expand with US Acquisition

German TeamViewer is acquiring American 1E for 720 million dollars. In addition to remote support, it also wants to improve the user experience, supplemented with AI. 1E is a 300-person company with $77 million in recurring revenue, 99 percent of which comes from enterprise customers. It is positioned in the market with its digital employee experience (DEX) platform, primarily intended to make the experience more pleasant for end users. TeamViewer sees this as an excellent extension to evolve its remote assistance tool into an end-to-end offering. It will include management of digital workplaces and predictive maintenance, which should reduce irritation for the end user. 1E is an American company (with offices in the UK, India, and Ireland), which gives TeamViewer an extra foo...
Chinese Tech Billionaire Jack Ma Resurfaces
Asia, Business, China, News

Chinese Tech Billionaire Jack Ma Resurfaces

At the celebration of Alipay and Ant Group's 20th anniversary, co-founder Jack Ma appeared on stage. This is remarkable because he disappeared from the radar long after criticizing the Chinese regulator. Ma was speaking in Hangzhou, China, at the anniversary event for Ant Group, which he co-founded 20 years ago. 'Today, I'm not here for the last 20 years of Ant, but for the next 20 years of Ant.' According to Chinese news website 36kr, China's most famous entrepreneur spoke about the future of AI. He mentioned that the Internet age has given his generation many opportunities. He sees even more opportunities for the current generation now that the AI ​​age is here. 'AI will change everything, but this does not mean that AI can decide everything', he said, among other things. He...
Bitpace’s Lightning-Fast Global Settlements
Business

Bitpace’s Lightning-Fast Global Settlements

The speed at which transactions are settled is crucial to a business's efficiency and competitiveness. Traditional financial systems often lead to delays, restricting prompt access to funds. Bitpace, a licensed and regulated provider, offers a cutting-edge solution that revolutionises global settlements. Trusted by many, businesses gain the speed and efficiency required to thrive in the international market, ensuring quick access to funds and improved operational agility. The need for speed in global transactions Global transactions are often hampered by slow settlement processes, which can create various challenges for businesses. Let’s explore the specific issues and how they impact business operations: Delayed settlements: Traditional banking systems can take days or even week...
British Watchdog is Investigating the AI Market
Business, News, Technology, UK

British Watchdog is Investigating the AI Market

The British competition watchdog CMA has launched a broad investigation into the development of the artificial intelligence (AI) market. The regulator wants to know what impact this fast-growing technology will have on competition in the technology sector and whether more rules are needed to protect consumers. Artificial intelligence develops computer systems that come close to human intelligence. For example, chatbots such as ChatGPT can write texts that appear to have been written by a human. The increasing possibilities offered by AI systems have prompted major technology companies such as Microsoft and Alphabet, the owner of Google, to accelerate investments in the sector. “The potential benefits of this transformative technology must be easily accessible to UK businesses ...