The European Union said on Thursday it was seeking more information from Elon Musk’s X about changes to its corporate structure, months after the social media platform was bought by xAI in a $33 billion deal. “We are following closely changes in the corporate structure of X, as we would changes in any other designated…
Underpinning the digital economy is a deep foundation of open-source software, freely available for anyone to use. The majority of the world’s websites are run using Apache and Nginx, two open-source programs. Most computer servers are powered by Linux, another such program, which is also the basis of Google’s Android operating system. Kubernetes, a program…
What good is being the wealthiest man alive if your chatbot won’t lie in support of your rancid politics? That’s the question far-right billionaire Elon Musk appears to be asking once again of Grok, the AI model developed by his company xAI and integrated into X, his social media platform. Following the assassination on Saturday…
There is a lot of discussion in Washington and Beijing about the implications of the artificial intelligence (AI) revolution, but no clear consensus on how AI advances will impact how the world’s two leading powers relate to each other. In the following collection of short essays, Brookings scholars from different disciplines offer their forecasts on…
Hong Kong and Shanghai will sign a deal to increase collaboration in the financial sphere at the Lujiazui Forum on Wednesday, as the cities strengthen links to better withstand the implications of geopolitical tensions. Financial Secretary Paul Chan Mo-po will be present for the signing of an action plan for collaborative development between the two…
Fashion brands and retailers will discuss common topics and challenges when integrating DPC, 3D, AI and other technologies into the fashion value chain. Credit: Pressmaster/Shutterstock. The 3D NEXT LVL event returns on 15 October 2025 and is set to take place at the University of Manchester (UoM), UK. The Association of Suppliers to the British…
Once the darling of the consumer goods market, the $441 billion global beauty industry is showing signs of cooling. For years, a seemingly limitless appetite for newness in beauty fuelled robust volume and even greater pricing growth — from 2022 to 2024, the sector grew 7 percent annually. Now, geopolitical and economic uncertainty, along with…
Hong Kong’s top judge has called for newly minted senior counsels to defend the rule of law when it is under threat and ensure “unimpeded” access to the city’s courts for every individual to safeguard public trust in the legal system. Secretary for Justice Paul Lam Ting-kwok, who spoke separately at the senior counsel admission…
Syfe, a Singapore-based robo financial adviser and digital investment platform operator, has raised US$80 million in its Series C funding round, as the company pushes to expand its wealth management product offerings in Hong Kong. This round includes new all-equity financing worth US$53 million at a significantly higher valuation, according to the fintech start-up’s statement…
The United Kingdom travel market reached £53.5 billion in gross bookings in 2024, up 7% from the previous year, according to Phocuswright’s latest research report, U.K. Travel Market Essentials 2025. Although growth is expected to moderate to around 5% annually from 2026, the market remains robust—particularly in digital channels. Online penetration climbed to 88% and is…