Corporate Dispatch

Trustworthy and Responsible AI Network expands to help European healthcare organizations improve AI quality, safety, and trustworthiness in health

HLTH Europe, the Trustworthy & Responsible AI Network (TRAIN), a consortium of healthcare leaders, announced its expansion to Europe with the objective to help organizations in the region operationalize responsible…

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Microsoft president says few AI deepfakes identified in EU elections

Microsoft has not seen significant use of artificial intelligence in the European Parliamentary elections for creating disinformation campaigns, the company's president told Reuters in an interview. Brad Smith was in…

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28

May

Microsoft and G42 announce $1 billion comprehensive digital ecosystem initiative for Kenya

Microsoft Corp. and G42 announced a comprehensive package of digital investments in Kenya, as part of an initiative with the Republic of Kenya’s Ministry of Information, Communications and the Digital…

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Sainsbury’s and Microsoft collaborate to power up customer and colleague experience with AI

Sainsbury plc and Microsoft Corp. announced a new five-year strategic partnership, using Microsoft’s artificial intelligence and machine learning capabilities and Sainsbury’s rich datasets to help accelerate the retailer’s recently announced…

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Superdry plots emergency sale process, planning to pull out of a number of overseas markets

Superdry is preparing to run an emergency four-week sale process if creditors block its founder's plans to inject up to £10m of his own money into the fashion chain in…

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Italian police seize 134 Fiat cars in flag dispute

fiscal police seized more than 130 Fiat cars imported from Morocco on the grounds that a sticker with the colours of the Italian flag on their doors could give a…

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Microsoft and LinkedIn release the 2024 Work Trend Index on the state of AI at work

Microsoft Corp. and LinkedIn released the 2024 Work Trend Index, a joint report on the state of AI at work titled, “AI at work is here. Now comes the hard…

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Adidas plans cheaper versions of popular shoes

Adidas is launching cheaper versions of its three-striped shoes like the white and black suede Samba as it aims to spread the trend, CEO Bjorn Gulden said at the company's…

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TUI hopeful for summer despite higher prices

Europe's largest tour operator TUI on Wednesday said it sees good demand for the upcoming summer season despite higher prices after reporting stronger-than-forecast results in the typically weak winter period.…

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Indications ITA-Lufthansa pledges not enough for EU

New pledges made by ITA and Lufthansa to secure an OK to their merger are still not enough for the European Commission but there is time until a final decision…

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OpenAI unveils new AI model as competition heats up

ChatGPT maker OpenAI said it would release a new AI model called GPT-4o, capable of realistic voice conversation and able to interact across text and image, its latest move to…

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Video streaming services see downloads, active users drop in April

Video streaming services saw a drop in downloads and active users during April, a research note by Bank of America showed this week, citing data from Sensor Tower, likely pressured…

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OpenAI plans to announce Google search competitor on Monday

OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. The…

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Coca-Cola and Microsoft in five-year strategic partnership to accelerate cloud and generative AI initiatives

Microsoft Corp. and The Coca-Cola Company announced a five-year strategic partnership to align Coca-Cola’s core technology strategy systemwide; enable the adoption of leading-edge technology; and foster innovation and productivity globally.…

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PG Tips falling behind competitors, launches high-budget advertising campaign

PG Tips has launched a high-budget advertising campaign after falling behind Yorkshire Tea, Twinings and Tetley. It's the tea maker's first campaign in eight. The ad is titled "Rock Solid"…

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Italy confident on EU go-ahead over ITA-Lufthansa tie-up

Italy's economy minister said on Wednesday he was confident of a green light from the European Commission to Lufthansa's purchase of a stake in Italy's ITA Airways. The German airline…

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Ryanair CEO O’Leary says ‘happy’ to help governments repatriate migrants

Ryanair is ready to provide governments with flights to repatriate migrants, the low-cost carrier's CEO Michael O'Leary told reporters on Tuesday. “We have no issue in principle” with the idea, O’Leary said at a press conference…

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Second Boeing whistleblower dies after short illness

Joshua Dean, a Boeing whistleblower who warned of manufacturing defects in the planemaker’s 737 Max, has died after a short illness, the second Boeing whistleblower to die this year. Dean,…

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Ferrari appeals to traditional base with two new V12 cars

Luxury sports car maker Ferrari has unveiled two new models, the 12Cilindri and the 12Cilindri Spider, appealing to lovers of its most powerful roaring petrol engines. The two cars, showcased…

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Apple is addressing alarm issue with iPhones

Apple says it is working quickly to fix an issue that caused some iPhone alarms not to play a sound, giving their slumbering users an unexpected lie-in. For many people,…

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Microsoft announces $2.2 bn AI, cloud investment in Malaysia

Microsoft pledged a $2.2 billion investment in artificial intelligence and cloud computing in Malaysia on Thursday to help develop the country's AI infrastructure. The tech giant's chief executive Satya Nadella…

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New CEO for Cablenet Communication Systems plc in Cyprus

Ioannis Mavridis, a seasoned executive with over 20 years’ of international experience in the banking and telecoms industries will be assuming the role of CEO at Cablenet Communication Systems plc…

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Microsoft to invest $1.7 bln in cloud, AI in Indonesia

Microsoft will invest $1.7 billion in Indonesia to empower the Southeast Asian country with cloud services and artificial intelligence, including by building data centres, visiting chief executive Satya Nadella said…

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Finnair suspends flights to Estonian city following GPS disruptions

Finland's national airline Finnair has announced the suspension of flights to the Estonian city of Tartu for a period of one month. The move comes after two Helsinki-Tartu flights had…

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HSBC Chief Executive Quinn announces surprise retirement

HSBC said on Tuesday its Chief Executive Noel Quinn will retire - a surprise departure by its hard-nosed leader of five years who has overseen a sweeping series of asset…

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Microsoft expands its AI empire abroad

Microsoft, the tech titan most closely associated with AI, has announced nearly $10 billion in investments in artificial intelligence abroad in recent months, the price it is willing to pay…

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Perrier destroys two million bottles of water due to contamination

The French state has requested that Perrier stop using one of its wells "as a precaution". Perrier has been ordered to destroy two million bottles of water after bacteria “of faecal…

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Microsoft’s heavy bet on AI pays off as it beats expectations in latest quarter

Microsoft beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by gains from adoption of artificial intelligence across its cloud services, and the company's shares jumped more…

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Nestlé launches Nespresso in India to grow its premium coffee category

Nestlé announced the launch of Nespresso in India in response to the increasing consumer demand for its high-quality portioned coffees. With the aim of growing the premium coffee category in…

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UK advertising spend drops amid brutal market

UK advertising spend reached £36.6bn in 2023 representing a real term contraction of 1.2% and underscoring the brutal advertising downturn in TV, regional media and magazine advertising, according to a…

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Microsoft will unveil new Windows and cloud AI features in May

Microsoft will reveal brand-new artificial intelligence tools for use on PCs and in the cloud at its annual Build conference, according to a session list posted in these last days.…

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Mapping Arabica! Nestlé experts develop new database to better identify more climate-resilient coffee plants

With climate change threatening coffee cultivation, Nestlé experts are exploring how advanced data science and artificial intelligence can be leveraged to help select and breed more climate-resilient plants. While more…

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Ryanair sees Italian growth despite regulatory squalls

Ryanair said on Wednesday it expected to expand its leading position in the Italian market in the coming years despite regulatory disputes over the past few months. The Irish budget…

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Lufthansa’s new ITA remedies not too different from earlier, sources say

Lufthansa's new remedies on its ITA Airways stake buy are not markedly different from an earlier package rejected by EU antitrust regulators which have also discounted Ryanair as a rival…

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EasyJet suspends flights to Tel Aviv until late October

Airline easyJet has announced that it is to suspend all flights to and from Tel Aviv until 27 October, following the Iranian missile and drone strike on Israel over the…

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Lufthansa offers concessions to gain EU nod on ITA takeover

German airline Lufthansa has offered concessions aimed at securing EU antitrust approval for its acquisition of a minority stake in Italian carrier ITA Airways, an update on the European Commission…

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Alfa Romeo changes name of new ‘Milano’ model to ease tensions with Italy

Stellantis-brand Alfa Romeo will change the name of its new "Milano" model to "Junior" to ease tensions with Italy's government, which last week criticised the choice of an Italian sounding…

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EBO Launches AI-powered Digital Women’s Health Hub

EBO, a leading AI solutions supplier for the UK healthcare market continues to strengthen its role in the UK’s health sector with the launch of its new Digital Women’s Health…

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Microsoft to invest US$2.9 billion in AI and cloud infrastructure in Japan

Microsoft announced it will invest US$2.9 billion over the next two years to increase its hyperscale cloud computing and AI infrastructure in Japan. It will also expand its digital skilling…

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Cost of UK passports to rise for second time in 14 months to up to £100

The cost of a new or renewed UK passport is going up again for the second time in 14 months – rising by 7% to £88.50 for an adult online…

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Ted Baker to close 15 stores in the UK with 245 jobs lost

The administrators running stricken retailer Ted Baker have announced that 15 of its stores are to close in the coming weeks. Teneo, who took control of Ted Baker last month,…

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Microsoft to launch AI hub in London

By Martin Coulter Microsoft has has announced plans for a new artificial intelligence (AI) hub in London, focused on product development and research. The unit will be led by Mustafa…

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Maltese hauliers on Malta to Genoa sea-route already saving 70% in Co2 emissions

Over the past months, ATTO, the Malta Chamber, the Malta Business Bureau, together with the Irish Road Haulage Association (IRHA) and the Cyprus Chamber of Commerce and Industry have been…

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AI seen cutting worker numbers, survey by staffing company Adecco shows

By John Revill Artificial intelligence will lead to many companies employing fewer people in the next five years, staffing provider Adecco Group said this week, in a new survey highlighting…

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Cloud Software Group and Microsoft sign eight-year strategic partnership

Cloud Software Group Inc. and Microsoft Corp. announced they are deepening their collaboration through an eight-year strategic partnership agreement. The agreement will strengthen the go-to-market collaboration for the Citrix® virtual…

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Armani company put in receivership amid labour exploitation probe

By Emilio Parodi An Italian court placed under judicial administration a company owned by Italian fashion group Armani accused of indirectly subcontracting production to Chinese companies that exploited workers. The…

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Premier Restaurants Romania largest employer in Romania in the quick service restaurant industry

Premier Restaurants Romania, the operator of McDonald's restaurants in Romania, exceeded in February the threshold of 6,000 employees, following the expansion of the network. At the end of 2022, the…

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Ryanair to resume flights to Israel in June

Irish airline Ryanair said Thursday it will resume flights to and from Israel as of June 3 following the decision of Ben Gurion International Airport to re-open a low-cost terminal. “It is…

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Samsung sees profits jump by more than 900%

Samsung Electronics estimated on Friday its first-quarter operating profit would rise more than 10-fold, topping market expectations, as chip prices have started to rebound from a severe downturn thanks to…

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WhatsApp back up after outages around the world

Users of Meta Platforms-owned messaging service WhatsApp reported that the app was out of action on Wednesday evening. Tracking website Downdetector.com said that tens of thousands of WhatsApp outages had…

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Google looks to AI paywall option

Google, the search engine used by more than a billion people around the world, is reported to be considering charging for premium content generated by artificial intelligence (AI). The company,…

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Giovanni Ferrero richest man in Italy

Sweet magnate Giovanni Ferrero is richest man in Italy with a net worth of 43,8 billion euro, Forbes said.Ferrero is 26th worldwide, said the US business bible.Data giant ion Group…

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Ryanair canceled 950 flights due to Israel-Gaza conflict, 8% passenger increase

Ryanair has said that it cancelled almost 950 flights during March because of the conflict in Israel and Gaza. The Irish airline said that it carried 1m more passengers during…

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Students Invited To Reinvent Their Cities With Minecraft Education

Digital skills amongst younger students are improving as new teaching methods introduced in schools at an early age are proving to be more effective than traditional means of learning according…

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Ganado Advocates Hosts 9th Annual Banking & Payments Law Seminar

Ganado Advocates’ forthcoming 9th edition of the Annual Banking and Payments Law Seminar will delve into the increased responsibilities being faced by banks and payment institutions when protecting their customers…

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Ivory coast rains sufficient to sustain cocoa mid-crop, farmers say

ABIDJAN, March 25 (Reuters) - A mix of above and below average rainfall that fell in Ivory Coast's main cocoa-growing regions last week will be sufficient to support the upcoming…

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Spanish court suspends order blocking Telegram pending police report

MADRID, March 25 (Reuters) - Spain's High Court on Monday suspended its own order that was set to block messaging app Telegram's services in the country as it awaits a…

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