Critical aluminum supplier Novelis has experienced its third fire in two months at its Oswego, New York facility. The plant supplies 40% of aluminum sheets to the US auto industry, with Ford estimating the disruptions could cost them up to $2 billion. Restoration efforts continue amid repeated setba
The UK is investing £6.9 million in five groundbreaking satellite communications projects through the European Space Agency’s ARTES programme. This funding aims to transform connectivity from faster networks to lunar missions while securing Britain’s position as a European space leader. The investme
According to AppleInsider, Apple’s sports media strategy appears uncertain as MLS plans to end its streaming partnership in early 2029. Meanwhile, the Mac Pro might never see another refresh, and Tyler the Creator was named Apple Music Artist of the Year.
Amazon has received approval for a major data center development in Gilroy, California. The project will span 56 acres and include two buildings totaling 438,500 square feet. The first phase requires 49MW of power and includes emergency generators for redundancy.
The Bundesbank is pushing for a phased approach to overhaul how European banks use additional Tier 1 debt. Executive Board member Michael Theurer says the transition period would need to exceed five years to avoid creating additional capital needs in the system.
The head of Investec South Africa is pushing for changes to Basel III banking regulations that he says disadvantage emerging market lenders. Cumesh Moodliar argues the current rules impose steep costs on banks operating in developing economies compared to their developed-nation counterparts.
Jeff Bezos is back in an operating role leading Project Prometheus, a $6B AI startup focused on engineering and manufacturing. Meanwhile, regulatory landscapes are shifting in Europe and the US, creating new opportunities and challenges for AI companies.
The Nvidia GPU shortage is causing enterprise leaders to rethink their AI strategies. Experts suggest rightsizing infrastructure and considering alternative chips for specific workloads rather than always chasing the latest hardware.
Prospective students are prioritizing mental health services nearly as much as tuition costs when choosing colleges. Academic prestige and rankings are dramatically losing importance in decision-making. Schools investing in mental health are seeing enrollment increases.
Companies that treat leadership involvement as a checkbox are nearly guaranteed to fail their martech implementations. New data shows executive engagement from the start is critical for ROI, not just budget approval.
