Google’s long dominance in search is looking shaky, thanks to new developments in artificial intelligence like OpenAI’s ChatGPT and Microsoft’s Bing A.I. Google went into a “panic” after Samsung, the world’s second-largest manufacturer of smartphones and a user of the…
With almost 3,000 exhibitors from 64 countries and over 250,000 trade visitors from 153 countries, Cosmoprof Worldwide Bologna 2023 was almost back to its pre-pandemic strength. While no break-out trend emerged at this 54th edition, most of the already existing…
Offering quality perfumes affordable to all – such is the concept of “La French Fragrance Revolution”, based on which Adopt Parfums built its own success over the past ten years. According to President Frédéric Stoeckel, the brand is now ranked…
Elon Musk thinks the world is woefully unprepared for the impact of artificial intelligence. On Sunday, he agreed that the technology will hit people “like an asteroid,” and he revealed that he used his only one-on-one meeting with then President…
If you’re managing remote workers, how do you know they’re working only for you? In a survey by the job site Monster earlier this year, 37% of respondents said they had more than one full-time job. Being “overemployed” by choice…
The Bill & Melinda Gates Foundation is known for spending billions to fight infectious diseases in developing countries, so a new investment in a French biotech company feels somewhat unusual. Smart Immune will receive $5 million from the foundation, according…
When Bitcoin plunged from around $30,000 to below $20,000 in little more than a week last year, Three Arrows Capital co-founder Su Zhu described the tailspin as the “nail in the coffin” for his hedge fund. Fast forward to today, and the largest…
Four months after China’s chaotic opening from COVID-zero, conspicuous consumption in China has returned, and the country has continued its long-running love affair with luxury goods. Shares in LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury group, jumped 5.7%…
Netflix wasn’t always an entertainment behemoth. In 2000, it was an unprofitable startup offering DVD rentals via postal mail, challenging Blockbuster, whose ubiquitous stores were then a fixture of American life. Marc Randolph, who cofounded Netflix with Reed Hastings in…