INSEAD Day 4 - 728x90

Technology

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Nvidia expands AI empire with Groq talent grab

San Francisco, United States -- Nvidia has hired the leadership of a promising AI chip startup, a statement said Wednesday,...

Business

OpenAI says a million ChatGPT users talk about suicide

San Francisco, United States -- Data from ChatGPT-maker OpenAI suggest that more than a million of the people using its...

Geostrategy
Geostrategy

Japan plans ‘world first’ deep-sea mineral extraction from Jan

Tokyo, Japan -- Japan will from January attempt to extract rare earth minerals from the ocean floor in the deepest...
  • Earlier this week the country pledged to work with the United States, India and Australia to ensure a stable supply of critical minerals.
  • Rare earths -- 17 metals difficult to extract from the Earth's crust -- are used in everything from electric vehicles to hard drives, wind turbines and missiles.
Business

Microsoft laying off several thousand employees

San Francisco, United States -- Microsoft on Wednesday said it was slashing a little less than four percent of its...
  • The cloud computing tech giant did not disclose the total amount of lost jobs but as of June 2024 it employed 228,000 people, bringing the latest layoffs to about 9,000 people.
  • The job cuts follow a round in May that saw about 6,000 positions culled from its global workforce.
Science

‘Writing is thinking’: do students who use ChatGPT learn less?

Paris, France -- When Jocelyn Leitzinger had her university students write about times in their lives they had witnessed discrimination,...
  • The ChatGPT users scored significantly worse than the brain-only group on all levels. The EEG showed that different areas of their brains connected to each other less often.
  • And more than 80 percent of the ChatGPT group could not quote anything from the essay they had just written, compared to around 10 percent of the other two groups.
Business

Indonesia begins $5.9 bn EV battery project despite environment fears

Jakarta, Indonesia -- Indonesia broke ground Sunday on a $5.9 billion megaproject for EV battery production backed by Chinese giant...
  • Indonesia is the world's largest nickel producer and it is trying to capitalize on its vast reserves.
  • The EV battery project will include a $4.7 billion investment on the eastern island of Halmahera and a $1.2 billion investment in West Java.
Research

AI is learning to lie, scheme, and threaten its creators

In one particularly jarring example, under threat of being unplugged, Anthropic's latest creation Claude 4 lashed back by blackmailing an...
  • Meanwhile, ChatGPT-creator OpenAI's o1 tried to download itself onto external servers and denied it when caught red-handed.
  • For now, this deceptive behavior only emerges when researchers deliberately stress-test the models with extreme scenarios.
Science

James Webb Telescope captures first direct image of exoplanet TWA 7b

The telescope, which can see farther into the universe than anything before it, has turbocharged the search for planets beyond...
  • The discovery of exoplanet TWA 7b, revealed in a study in the journal Nature, "represents a first for the telescope", France's CNRS research center said in a statement.
  • Most of the nearly 6,000 exoplanets found so far have been identified from the light they blot out when they pass in front of their star, rather than from direct images of planet.
Business

Tesla expected to launch long-discussed robotaxi service, will use Model Y

New York, United States -- Tesla is expected to begin offering robotaxi service Sunday in Austin, an initial step that...
  • The launch will employ the Model Y sport utility vehicle rather than Tesla's much-touted Cybercab, which is still under development.
  • The long-awaited launch follows the dramatic meltdown earlier this month in relations between Musk and Trump, which saw a cascade of bitter attacks from both men.
Business

WhatsApp introduces first major advertising features

San Francisco, United States -- WhatsApp announced Monday it will introduce its boldest advertising features yet, marking a significant shift...
  • The move is a sensitive one for WhatsApp, whose chief firmly denied a report in 2023 that said the Meta-owned app was exploring advertisements as it sought to boost revenue.
  • Unlike Facebook, Instagram, and other social platforms, WhatsApp has maintained minimal advertising since Meta acquired it in 2014.
Business

OpenAI enlists iPhone designer to create ideal device for using AI

New York, United States -- ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget...
  • ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget for using generative artificial intelligence (AI).
  • Sharing no details, OpenAI chief executive Sam Altman said that a prototype Ive shared with him "is the coolest piece of technology that the world will have ever seen."
Geostrategy

The most eye-catching products at Vivatech fair

For humans, spotting the difference between a Lacoste polo shirt and a fake sporting the brand's crocodile logo can be...
  • olumn-shaped robots from Hong Kong firm Robocore can serve as mobile ad billboards -- but for now are mostly deployed for medical purposes in hospitals and retirement homes.
  • French startup Aemotion's four-wheeled electric vehicle is designed to weave through traffic, saving commuters time spent in jams.

Nvidia expands AI empire with Groq talent grab

San Francisco, United States -- Nvidia has hired the leadership of a promising AI chip startup, a statement said Wednesday,...
Business

Company News

Latest News

Trump says US, China ‘have a deal’ on TikTok

"We have a deal on TikTok, I've reached a deal with China, I'm going to speak to President Xi (Jinping)...
Business

Robot dogs, flying cars: five takeaways from the Munich auto show

Companies including Germany's Holon and Estonia's Auve Tech displayed small self-driving buses, designed for routes where larger buses with drivers...
Business

Amazon’s Starlink rival lands first major airline deal

Washington, United States -- JetBlue Airways will become the first airline to use Amazon's Project Kuiper satellite network to power...
Business
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Research

Electric cars are more eco-friendly even in US, study finds

Paris, France -- Electric vehicles are less harmful to the environment than their petrol-guzzling counterparts even in the United States,...
  • The research concluded the CO2 generated by producing an electric vehicle was largely balanced out during the rest of its lifetime.
  • On average, an electric vehicle with a range of 300 miles (480 kilometers) will cause 30 percent less emissions over its life cycle than a plug-in hybrid car.
Science

UAE Cyber Security Council: Over 12,000 Wi-Fi breaches recorded in UAE since start of year

Abu  Dhabi, UAE -- The UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open...
  • According to the Council, these incidents account for nearly 35% of the total cyberattacks reported in the UAE
  • It counselled vigilance when connecting to free or unsecured Wi-Fi networks, stressing that users should adopt safe practices
Business

Creators HQ attracts 2,415 active members from 147 countries

Dubai, UAE -- Dubai’s Creator HQ, the first headquarters for content creators in the UAE and the Middle East, has...
  • The initiative aims to position the UAE as a global hub for the content economy, with a target of 10,000 creators in its next phase.
  • The headquarters also reports that 78 global content companies from 24 countries have relocated to the UAE.