Italian bank plans huge job cuts as it looks to AI and digitalisation
Intesa Sanpaolo is to cut thousands of jobs and focus on a more resilient business model including more use of artificial intelligence and digitalisation. Read More
Hermès bags support from super-wealthy despite China slowdown
The French firm is outflanking rivals LVMH, Kering, and Burberry as demand for handbags remains strong. Read More
Pinterest hit with privacy complaint for unlawfully tracking users
The French data protection authority could fine Pinterest if the claims stack up. Read More
Hollywood icon Samuel L. Jackson honoured at star-studded MoMA Film Benefit event
Samuel L. Jackson was honoured at the 2024 MoMA Film Benefit in New York, with Denzel Washington and Spike Lee among the stars in attendance to celebrate his legendary career.…
Eurozone business activity contracts again in October, but Germany improves
The eurozone’s private sector activity contracted slightly in October, marking the second consecutive month of decline. Read More
Russia, Iran and China may step up influence efforts as US election nears, new report says
Russian operatives continue to take steps to undermine the Harris-Walz campaign, says a new report by Microsoft. Read More
Google’s latest rival: What is Perplexity AI and why is it causing so much controversy?
The Jeff Bezos- supported AI start-up is hoping to use LLMs to challenge Google in the search engine market but it’s ruffling feathers. Read More
Radio station in Poland fired its journalists and replaced them with AI ‘presenters’
The radio station in Krakow called it “the first experiment in Poland” to use AI-generated presenters instead of human journalists. Read More
New Alzheimer’s drug approved in UK, but government won’t pay for it
The drug is the second Alzheimer’s medicine to receive a lukewarm reception from the UK government in recent months. Read More
Trump and supporters double down on religious rhetoric in battle for key states
Presidential candidate Donald Trump organised a rally with conservative activist Charlie Kirk in Georgia — a key swing state that could be crucial in determining the election’s outcome. Read More