Tag: moves

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Damagun Moves Against Wike, Writes INEC Over 27 Defected PDP Lawmakers

Few days after governors on the platform of the Peoples Democracy Party (PDP) handed down an ultimatum for things to change in the party, the Acting National Chairman of the party, Umar Damagun has moved against the FCT Minister and his loyal lawmakers, the 27 members of the Rivers State House of Assembly...

Germany Moves To Ban Most Oil And Gas Heating Systems From 2024

The German government voted on a bill on Wednesday to ban most oil and gas heating boilers in new and oil buildings from 2024 as part of a plan to reduce emissions. The ruling coalition in Germany has decided that nearly all new heating systems should run on 65% renewable energy...

Hybe Moves to Sell Entire SM Entertainment Stake After Takeover Attempt Falls Short — $434 Million+ Deal

Seoul, South Korea. Photo Credit: Ciaran O’Brien12 days after formally ending a much-publicized campaign to take over SM Entertainment, BTS agency Hybe is selling its stake in the rival K-pop company. This latest twist in the SM-Hybe showdown just recently came to light in regulatory filings. Towards February’s beginning, not long after scooping up Quality

Kakao Moves to Secure Controlling SM Entertainment Stake After Hybe Tender Offer Falls Short

Photo Credit: Kakao EntertainmentOne day after the cancellation of a proposed deal for about nine percent of SM Entertainment, Kakao has moved to purchase approximately 35 percent of the company via a tender offer. This newest twist in the decidedly complex showdown for ownership of SM Entertainment (KRX: 041510) – in which rival K-pop company

Circle moves its USDC reserve deposits out of troubled Silvergate Bank

Silvergate bank in a filing on Wednesday said losses might leave it with less capital than it needs. The bank recently closed its SEN Platform which institutions used to move money to crypto exchanges. Coinbase, Galaxy, and Paxos have stopped accepting transfers via Silvergate Network. USDC stablecoin issuer Circle has today announced that it has

PDP moves against Wike’s men

The National Working Committee of the  Peoples Democratic Party (PDP) has placed the Chairman of its Ebonyi State chapter, Okorie Okoroafor, on immediate suspension.Information Guide Nigeria THE GUARDIAN reports that this happened after an emergency meeting in Abuja on Friday. Okoroafor was suspended over allegations of anti-party activities and violation of provisions of Section 58

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Martin Scorsese has officially joined the AI camp and it’s not what anyone expected

Martin Scorsese has partnered with AI startup Black Forest Labs to use generative AI for storyboarding Martin Scoresese Everett Collection / Shutterstock.com Hollywood’s complicated romance with artificial intelligence just got a whole lot more interesting. Martin Scorsese, the 83-year-old director behind Goodfellas, Raging Bull, and The Departed, has signed on as a partner and adviser

Trump quietly signs a downsized AI executive order asking companies to voluntarily submit models for review 30 days before release

President Trump signed an executive order on Tuesday establishing a voluntary framework for government review of frontier AI models before public release, ending weeks of internal White House conflict over how aggressively to regulate the technology. The order, titled “Promoting Advanced Artificial Intelligence Innovation and Security,” was signed privately without the usual livestream or public ceremony, a

Poland will introduce a “sovereignty test” for government tech purchases as Tusk warns AI dependency has reached dangerous proportions

TL;DR Polish PM Donald Tusk announced a “sovereignty test” for significant government technology purchases and annual IT independence reports, warning that Poland’s dependency on foreign digital infrastructure demands urgent policy action. Polish Prime Minister Donald Tusk has announced that Poland will introduce a “sovereignty test” for significant government purchases of technology solutions, warning that the

How small businesses can leverage AI

Case study Sam Finnegan-Dehn works in fundraising for a charity, but he moonlights as a math and philosophy tutor for university students from his home in London. Through this part-time business, he can leverage his degrees in philosophy and share his love of the subject with clients. But meeting with students is only a fraction