Author: bibhuti

The recent OpenAI saga, in which Microsoft exerted its quiet but firm dominance over the “capped profit” entity, provides a powerful demonstration of what we’ve been analyzing for the last half-decade. To wit: those with the money make the rules. And right now, they’re engaged in a race to the bottom, releasing systems before they’re ready in an attempt to retain their dominant position.  Concentrated power isn’t just a problem for markets. Relying on a few unaccountable corporate actors for core infrastructure is a problem for democracy, culture, and individual and collective agency. Without significant intervention, the AI market will…

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It’s the fear that casts a shadow over every aspiring startup: funding. Or, more specifically, the absence thereof. Securing some form of financial backing is imperative for the liftoff of any startup. Without it, a startup may find itself scaling back, delaying its operations, or even facing the prospect of total dissolution. So, in attaining this ever-important startup funding, what avenues should entrepreneurs look to explore? Moreover, in the case that this funding continues to elude a startup, what can it expect to unfold in the aftermath? Why Is Funding Essential to Startups?  Launching a business venture, or literally “starting…

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The BBC is on a mission to be the only show in town. It has taken the local out of local radio, drastically cutting the number of hours of locally produced shows you’ll hear on BBC Radio Kent- and intends to write more news online, directly competing with your local newspaper’s website, which themselves are currently battling with tech platforms like Google, Meta and Apple for a fair share of the value generated by the content created. Source link

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Investors of the digital green bond now have the option of settling the transaction through on-chain EUR CoinVertible, a digital asset that was issued by SG-FORGE earlier this year. Leading multinational financial services provider based in Paris Societe Generale SA (EPA: GLE) has announced the launch of its first digital green bond that is issued on blockchain technology. According to the announcement, the security token has been directly registered by SG-FORGE on the Ethereum (ETH) network. To kickstart the private funding through the blockchain security bonds, Societe Generale announced that two of its top tier investors, AXA Investment Managers and…

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India has overtaken the European Union to become the world’s third-biggest emitter of fossil fuels, research has found. The world may cross the crucial 1.5C global warming threshold in seven years as fossil fuel CO2 emissions continue to rise, scientists warned Tuesday, urging countries at the COP28 talks to “act now” on coal, oil and gas pollution. Battle lines are being drawn over the future of fossil fuels at the UN climate summit in Dubai, with big polluters trying to see off calls for an agreement to phase out the carbon-intensive energy responsible for most of human-caused greenhouse gas. Fossil…

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Christmas is a wonderful – but expensive – time of the year with the price of festive treats stacking up when you consider the entire family. Whether it’s sweet-smelling perfume gifts or Gin to toast the new year in, we can make some money-saving swaps to help cut down our Christmas costs. As the cost of living continues to cause a strain on our purse strings, it’s more important than ever that we find creative ways to cut costs where we can.  Tom Church, Co-founder of money-saving community LatestDeals.co.uk said, “Aldi is my go-to for so many essentials over the festive season.…

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Image Credit: Gregory Pace/Shutterstock Love is in the air! Maya Hawke, 25, and Christian Lee Hutson, 33, put their romance on full display during a romantic hangout in New York City on December 4. During their outing, they were photographed making out as they shared a passionate kiss on the sidewalk (see photos here). The daughter of actors Uma Thurman and Ethan Hawke looked chic in a long plaid coat and baggy jeans while out and about with her beau. Maya accessorized her brisk weather look with on-trend black leather boots and a mini leather purse. She was also wearing a blue and red…

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Supply chain and e-commerce enablement startup, Omniful, has today emerged from stealth with $5.85 million seed funding led by VentureSouq, with participation from 500 Global, DASH Ventures, Jahez Group, SEEDRA Ventures, Bunat Ventures, Hala Ventures, RZM Investments and several family offices including Al Rasheed, Siraj Holding, Al Bawardi, Al Nafea. The UAE and Kingdom of Saudi Arabia (KSA)-based startup has built systems for ordering, warehouse management, and transport management, enabling merchants to tap hyperlocal and omnichannel commerce, manage their orders efficiently and inventory in real-time. It also equips third-party logistics providers (3PLs) to manage their workflows efficiently. Omniful co-founder and…

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Members of Gen Z are in the bloom of youth. But a new report has revealed that many of them are already feeling washed up at work, despite having barely passed their probation.EduBirdie, a student advice website, surveyed 2,000 Gen Z workers to uncover their attitudes towards their career paths. It discovered that 43% already regret choosing their profession.Meanwhile, a large percentage also regret their education, with 25% saying it was useless for their careers. Their fears echo sentiments from business leaders, who overwhelmingly argue that new graduates are unprepared for work.As young people struggle to find their place in…

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