Tag Archives: FEATURED

The European Union’s AI Act entered its first enforcement phase on February 2, targeting artificial intelligence systems labeled as “unacceptable risk.” This includes bans on social scoring, real-time biometric surveillance in public, and emotionally manipulative AI. While these provisions are now active, broader rules covering high-risk systems, AI literacy, and transparency will come into force gradually through 2027. Companies operating in or selling into the EU must begin compliance planning now. Penalties for non-compliance, including fines up to €35 million or 7% of global revenue, will begin in August 2025.

The UK government is reviving plans to develop a “Silicon Valley” equivalent in the Oxford-Cambridge ARC, aiming to boost national GDP and create 100,000 high-skilled jobs by 2035. Backed by the Department for Science, Innovation and Technology, alongside Oxford and Cambridge Universities and FTSE 100 companies, the initiative focuses on AI, infrastructure, and private capital investment. Highlighted success stories include Arm Holdings and Darktrace. While the potential is significant, global AI competition presents risks. If successful, the project could contribute £78 billion to UK GDP and help fund major public initiatives like the New Hospital Programme.

Cryptocurrencies aren’t just for tech experts or investors anymore. They’ve gone mainstream. El Salvador and the Central African Republic (CAR) even made Bitcoin legal tender, creating a buzz around the world. Why? Because digital currencies offer clear advantages: lower fees, better access to financial tools, and protection from inflation. For …

Donald Trump has announced a new cryptocurrency venture called World Liberty Financial, raising concerns about potential conflicts of interest during his 2024 presidential campaign. With his sons heavily involved, Trump is positioning himself as the "crypto candidate," despite his previous skepticism of the industry. The venture, which remains vague in its goals, is entering a highly speculative and volatile market. Critics are questioning how Trump’s potential return to the Oval Office could impact his business interests, particularly in the cryptocurrency space. This new project adds another layer of complexity to Trump's business and political pursuits.

Flutter Entertainment (NYSE: FLUT) is in advanced discussions to acquire Playtech's Italian subsidiary, Snaitech, in a deal potentially valued at £2 billion ($2.6 billion). This acquisition aligns with Flutter's strategy of expanding its global footprint through strategic acquisitions, particularly in key markets like Italy. The market has responded positively to the news, with significant increases in the share prices of both companies. While the transaction could enhance Flutter's leadership in the global gambling industry, both companies have emphasized that there is no certainty that the deal will be completed.

BHP Group attempted an all-share takeover of Anglo American, valuing the company at £31.1 billion. Despite offering a 14% premium, Anglo's board rejected the proposal, citing undervaluation and structural complexities. The deal faced regulatory hurdles and shareholder skepticism, ultimately leading BHP to withdraw. This analysis explores the strategic objectives behind BHP's bid, the financial and regulatory challenges, and the broader market implications of the failed acquisition within the global copper market and mining industry consolidation trends.

In December 2023, Europe saw a decline in new-vehicle registrations, the first in 17 months, primarily due to decreased electric vehicle (EV) demand. However, January 2024 marked a resurgence, especially in Germany, with a 19% increase in passenger car registrations and a 37% rise in new plug-in electric car registrations. Despite facing economic uncertainties and reduced incentives, brands like Mercedes-Benz, BMW, and Audi led in EV registrations. This mixed market response underscores the crucial role of policy support and strategic industry adjustments in navigating the evolving automotive landscape towards sustainable mobility.

The world of cryptocurrencies has never been short of dramatic twists and turns, and the recent events surrounding Bitcoin are a testament to this volatility. In a matter of days, Bitcoin’s price experienced a significant tumble, sending shockwaves throughout the cryptocurrency market. SpaceX’s Influence? The calm that had seemingly settled …

As crypto and digital currencies become more common in the real world, more rules and regulations need to be implemented to stop “bad” people from using these currencies for doing bad stuff. Governing bodies across the world have been struggling to catch up with the new and innovative ways criminals …

Blockchain technology (BT) is a term you’ve probably heard several times in the past few months, particularly in relation to cryptocurrencies, and you are not alone if you are asking just what it is so this article answers that question and discusses some of its applications. What Is Blockchain Technology? …