Google explains scrapping AI and DEI pledges at all-staff briefing
Google executives clarified their recent decision to drop promises regarding artificial intelligence (AI) and diversity, equity, and inclusion (DEI) during an all-staff meeting earlier this week, sparking internal and external debate. The
California Fire Insurance Crisis Sparks $1 Billion Demand on Private Insurers
California is grappling with an unprecedented fire insurance crisis, as the state’s FAIR Plan faces an overwhelming wave of claims following the devastating Los Angeles wildfires. Private insurers, including some of the
UK’s Record-Low Corruption Ranking Raises Concerns for Business Climate
The UK has hit new lows in its ranking on the annual Corruption Perceptions Index (CPI), compiled by Transparency International. With a score of 71 out of 100—its lowest since the index
Australian Government Eyes Ownership of Rex Airlines
The Australian government is confronting the stark possibility of acquiring and operating Rex Airlines as a state-owned entity. This move comes after months of searching for new buyers to rescue the ailing
Elon Musk Makes $97.4 Billion Offer to Acquire OpenAI
Elon Musk has once again positioned himself at the centre of the artificial intelligence world, this time by leading a group of investors in a $97.4 billion bid to acquire control of
Record Sales for Used Electric Vehicles as Prices Drop Across the UK
The used electric vehicle (EV) market in the UK continues to accelerate, hitting record levels in 2024. With prices dropping and more options becoming available, it’s clear that EVs are shifting from
Energy Experts Condemn Billion-Pound Solar Power Project as ‘Financial Disaster
The once-celebrated Ivanpah Solar Power Facility in California, a £2.5 billion project funded by the Obama-era U.S. Department of Energy (DOE), has come under fire as energy experts label it a “boondoggle”
US Tariffs on Steel and Aluminium Imports and Australia’s Strategic Moves
The United States government has announced new tariffs of 25% on all steel imports and aluminium, raising concerns across global economies. President Donald Trump confirmed these measures, which will apply universally, impacting
DeepSeek’s Rise Signals China’s Global Dominance in High-Value Sectors
The world’s economic landscape is shifting rapidly, and China is at the helm of this transformation. With the groundbreaking AI technology launch of DeepSeek, a company that has gained unprecedented traction, China’s
AI Boom Drives Push for Mandatory Data Centre Reporting, Challenging Tech Firms
The accelerated growth of artificial intelligence (AI) is putting unprecedented strain on the environment, prompting experts to call for mandatory government regulations requiring tech companies to disclose the energy and water consumption