Category: Business

Massive Fraud Rings Dismantled in Thailand: Authorities Uncover SMS Blasting and VoIP Call Scams Worth Millions

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Thai authorities have successfully taken down two sophisticated fraud operations in what is being dubbed “Operation Bridge Blast.” These scams, involving both SMS blasting and VoIP-based call centers, targeted victims across the globe using cutting-edge technologies. This breakthrough highlights the growing technological sophistication of cybercriminals and the increasing challenges faced by authorities in combating such […]

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Google Faces $9 Billion UK Class-Action Lawsuit Over Alleged Monopoly Practices Following US Court Ruling

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In the wake of a historic ruling in the United States, Google is now facing a massive £7 billion ($8.8 billion) consumer lawsuit in the UK, challenging its dominant position in the search engine and digital advertising markets. This lawsuit comes as part of an intensifying global regulatory crackdown on the tech giant’s anti-competitive practices. […]

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Nvidia’s R&D Spending Surges Ahead of AMD as Intel Struggles Despite Massive Investment

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The tech industry’s most competitive hardware players are seeing a striking divergence in their research and development (R&D) investments, with Nvidia leading the charge, significantly outpacing AMD and Intel. While Intel has long been the dominant force in chip development, recent trends reveal that higher R&D spending does not always translate to success in the […]

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Decentralized AI Startups Experience Surge in Funding, Reaching $436 Million in 2024

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As the demand for faster, more secure AI solutions intensifies, decentralized AI startups are becoming a major focus for investors, capturing a rapidly increasing share of venture capital. These startups, which leverage blockchain and cryptography to distribute AI workloads across a decentralized network of computing resources, have seen an impressive surge in funding. According to […]

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Blackstone Joins Forces with EQT in $3.5 Billion Pipeline Investment to Boost Energy Infrastructure

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Blackstone has forged a significant partnership with EQT Corporation, a major player in the natural gas production industry, in a $3.5 billion joint venture to acquire a non-controlling stake in a portfolio of midstream energy assets. This deal marks a major move for Blackstone as it expands its footprint in the energy sector, particularly in […]

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Who Stands to Lose the Most From Northvolt’s Bankruptcy?

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Once hailed as Europe’s flagship battery manufacturer, Northvolt‘s sudden bankruptcy has sent shockwaves through the industry, leaving a trail of financial devastation. The company’s collapse, which saw it file for Chapter 11 bankruptcy protection in the U.S. on Thursday, has raised concerns not only for its investors but also for Europe’s broader ambitions to establish […]

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People want action on plastic pollution that’s choking us: Guterres

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“We are choking on plastic,” the UN chief told an intergovernmental panel tasked with devising an international legally binding instrument on plastic pollution on land and water. “Each year, humanity produces over 460 million metric tonnes of plastic,” Mr. Guterres said. “Half of it is designed for single-use purposes – used once and tossed away. […]

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HSBC, Cathay Pacific, and EcoCeres Launch Hong Kong’s Largest Sustainable Aviation Fuel Initiative

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Groundbreaking SAF Partnership: HSBC Hong Kong secures 3,400 metric tonnes of Sustainable Aviation Fuel (SAF) from EcoCeres, contributing to a reduction of 11,800 metric tonnes of carbon emissions. Decarbonization and Innovation: The partnership supports Hong Kong’s ambitions as a regional SAF hub and aligns with global decarbonization goals. EcoCeres’ SAF, made from waste-based biomass feedstock, […]

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Talks begin in South Korea to clinch ‘essential’ deal on plastics pollution

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The meeting follows two years of intergovernmental negotiations to develop a legally binding global instrument that covers land and the marine environment – a blink of an eye in diplomatic circles, where multilateral deals can be decades in the making.  “Our world is drowning in plastic pollution. Every year, we produce 460 million tonnes of […]

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Workers of Amazon in 20+ Countries to Strike on Black Friday, Demanding Fair Pay, Union Recognition, and Climate Action

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Thousands of Amazon workers across more than 20 countries are set to strike or protest during Black Friday weekend (November 29 – December 2) to demand better treatment from the retail giant. Coordinated by the Make Amazon Pay campaign, the global protests will focus on workers’ rights, tax fairness, and Amazon’s environmental practices. Activists from […]

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