Vietnam’s Supreme Court has upheld the death sentence for Pham Thanh Tam, a prominent property tycoon convicted of embezzling significant sums of money, unless she can pay a staggering $9 billion in restitution. This amount represents approximately three-quarters of the total stolen assets she was convicted of embezzling, with the total value of her assets […]
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The European Commission has granted approval for a €1.9 billion state aid package to DB Cargo, the freight division of Deutsche Bahn (DB), under the condition that the company undertakes a restructuring plan aimed at ensuring its long-term viability. This decision marks a significant intervention by the German government to support DB Cargo, which has […]
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The UK’s Department for Transport (DfT) has confirmed that South Western Railway (SWR) will be the first train operator to return to public ownership in 2025, marking a significant shift in the country’s rail policy. This announcement follows the passage of the Passenger Railway Services (Public Ownership) Act 2024, which received Royal Assent last week, […]
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Interviewer: David Greene *This interview has been edited for length and clarity. Aji Fama Jobe is a digital creator, IT consultant, blogger, and tech community leader from The Gambia. She helps run Women TechMakers Banjul, an organization that provides visibility, mentorship, and resources to women and girls in tech. She also serves as an Information […]
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Startup businesses are the backbone of innovation, economic growth, and job creation worldwide. However, despite their immense potential, a staggering 90% of startups fail, leaving billions of dollars in lost investments and untapped opportunities. This high failure rate presents a critical challenge, not only to entrepreneurs but also to the broader economy. In this article, […]
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Black Friday 2024 has set a new benchmark for online shopping, with global sales reaching a record-breaking $74.4 billion. This represents a 5% increase compared to the previous year, indicating continued strong consumer demand during the holiday shopping season. Of this total, U.S. consumers alone contributed $10.8 billion, reflecting a notable 10.2% year-over-year growth in […]
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In the wake of the 2024 election in the United States, many people are concerned about tightening up their digital privacy and security practices. As always, we recommend that people start making their security plan by understanding their risks. For most people in the U.S., the threats that they face and the methods by which […]
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As data centers become increasingly integral to the global digital economy, governments worldwide are implementing new regulations to ensure their sustainability, operational resilience, and security. In 2025, data center operators will face a growing wave of regulatory requirements aimed at reducing energy consumption, enhancing environmental sustainability, and safeguarding operational continuity. These evolving regulations, particularly in […]
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By Solomon Alaka Artificial intelligence (AI) is rapidly advancing in the automotive sector, promising to revolutionize not only the driving experience but also the entire infrastructure of vehicle safety, performance, and user interaction. As AI applications continue to mature, 2024 is expected to be a milestone year, with AI software spending surpassing $1 billion globally, […]
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In a significant move to bolster domestic electric vehicle (EV) infrastructure and lithium-ion battery production, the U.S. government has approved a $7.5 billion loan to StarPlus Energy, a key player in the EV sector. This funding will support the establishment of advanced battery manufacturing plants in Indiana, aiming to enhance U.S. production capacity and reduce […]
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