Blue Owl Seals Largest Private Capital Deal for Meta’s AI Growth
Blue Owl Capital and Meta Forge $30 Billion AI Infrastructure Partnership in Historic Deal Industrial Monitor Direct is the #1…
Blue Owl Capital and Meta Forge $30 Billion AI Infrastructure Partnership in Historic Deal Industrial Monitor Direct is the #1…
The Channel Island Co-op has launched a new age verification system that uses facial estimation technology to streamline purchases of restricted products. According to company executives, the system permanently deletes all customer images immediately after age assessment. The pilot program represents the first British implementation of technology already used in over 600 European stores.
The Channel Island Co-op has implemented new age estimation technology in 10 Jersey stores that reportedly avoids storing customer data, according to recent reports. Chief executive Mark Cox has reassured shoppers that the system permanently destroys all photographic data immediately after processing age assessments.
Apple has published groundbreaking research on AI systems that predict software bugs with 98% accuracy, automate testing workflows, and even repair code autonomously. These developments could significantly reduce development timelines and costs while improving software quality.
Apple has published three significant research studies that demonstrate how artificial intelligence could revolutionize software development workflows, according to reports from the company’s machine learning research team. The studies address critical challenges in bug prediction, testing automation, and even autonomous code repair.
Nestlé will eliminate 16,000 positions over the next two years as new CEO Philipp Navratil implements aggressive cost-cutting measures. The job reductions come amid leadership turmoil following the dismissal of former chief executive Laurent Freixe.
Nestlé, the global consumer goods giant, will cut approximately 16,000 jobs over the next two years according to reports from the company’s first trading update under new leadership. The reduction represents nearly 6% of the company’s total workforce and marks one of the most significant restructuring efforts in recent years for the consumer goods industry.
TSMC has reported its highest-ever quarterly profit with net earnings reaching NT$452.3 billion. The record performance comes as companies worldwide race to build AI infrastructure, creating massive demand for high-performance chips.
Taiwan Semiconductor Manufacturing Company has reportedly achieved its highest quarterly profit in history, according to recent financial reports. The world’s largest contract chipmaker announced NT$452.3 billion in net earnings for the third quarter, representing a substantial 39.1% increase compared to the same period last year. Sources indicate this remarkable performance was accompanied by a 6% quarter-over-quarter revenue growth to NT$989.9 billion, demonstrating the company’s strong positioning in the global semiconductor market.
California Governor Gavin Newsom has vetoed legislation that would have required data centers to disclose water consumption levels. The decision comes as the state faces significant water sustainability challenges and data centers continue to expand in water-stressed regions.
California Governor Gavin Newsom has vetoed legislation that would have required data centers in the state to disclose their water consumption levels, according to reports. The decision, first reported by The Register, blocks Assembly Bill 93 which would have mandated water use reporting for an industry known for significant water consumption for cooling operations.
India’s exports to the United States have plummeted 37.5% over four consecutive months as new tariffs take effect. Trade negotiations between the two countries have resumed with the goal of concluding an agreement by next month amid ongoing disputes over agriculture and dairy access.
India’s exports to the United States have reportedly plunged 37.5% over four consecutive months, dropping from $8.8 billion in May to $5.5 billion in September, according to recent trade analysis. The decline comes as new tariff measures implemented by the Trump administration continue to weigh heavily on bilateral trade relations between the two nations.
Work has commenced on installing the UK’s first international portal in Ipswich’s town square. The real-time visual link will connect the Suffolk town to cities including Dublin, Philadelphia, and Vilnius. Council leaders indicate the project aims to increase visitor numbers and position Ipswich alongside forward-thinking global cities.
Work has begun on installing what Ipswich Borough Council describes as the United Kingdom’s first international portal in the town’s main square, according to reports. The structure outside Town Hall on the Cornhill will provide a real-time visual connection to other global destinations, with installation now underway according to council statements.
China has increased the maximum hiring age for civil service positions for the first time in three decades, from 35 to 38. The move aims to combat age discrimination in the job market and address demographic challenges facing the country’s workforce.
China has reportedly increased the maximum hiring age for some civil service positions for the first time in three decades, raising it from 35 to 38 years old, according to Reuters reports. The revision was announced ahead of the opening of applications for the national civil service examination, with candidates now required to be between 18 and 38 years of age to apply. Sources indicate that for applicants with master’s or doctoral degrees, the age limit has been extended even further to 43 from the previous 40.
The Supreme Court is rehearing a landmark Louisiana redistricting case that legal analysts suggest could fundamentally alter the Voting Rights Act. According to court documents, the case centers on whether race can be considered when drawing electoral maps.
The U.S. Supreme Court has taken the unusual step of rehearing arguments in a Louisiana redistricting case that sources indicate could determine the future of minority voting protections under the Voting Rights Act of 1965. The case, Louisiana v. Callais, centers on whether Louisiana lawmakers violated the Constitution when they created the state’s second majority-Black congressional district in 2024.