European Hydrogen Week 2023 Takes Off: Uniting Policymakers and Stakeholders in Brussels

The European News Global The European Hydrogen Week 2023, the largest annual event dedicated to hydrogen in Europe, kicked off on 20 November in Brussels. Co-organized by the Commission, this four-day conference and forum aims to bring together policymakers and hydrogen stakeholders from around the globe. With a focus on the latest developments, challenges, and … Continue reading European Hydrogen Week 2023 Takes Off: Uniting Policymakers and Stakeholders in Brussels

EU Milk Production Sees Relative Stability in 2022: Insights from Eurostat Data

The European News Global EU farms have witnessed a notable steadiness in their raw milk production, reaching an estimated 160 million tonnes in 2022. Despite a slight decline of 0.3 million tonnes compared to the previous year, this comes in contrast to the consistent growth observed since 2010. Eurostat, the statistical office of the European … Continue reading EU Milk Production Sees Relative Stability in 2022: Insights from Eurostat Data

The Debate Over Regulation of Powerful Foundation Models in the EU’s AI Act

The European News Global The European Union’s AI Act, a landmark legislation aimed at regulating artificial intelligence (AI), is facing a crucial discussion regarding the treatment of foundation models. Foundation models, such as the influential GPT-3.5 developed by OpenAI, play a vital role in various AI applications. However, the French, German, and Italian governments are … Continue reading The Debate Over Regulation of Powerful Foundation Models in the EU’s AI Act

Distressed-Debt Manager Invictus Loses Control of Flagship Fund After Battle With Top Investors

The European News Global The distressed-debt manager Invictus Global Management finds itself in the midst of a major upheaval, having lost control of its flagship fund following a fierce battle with its top investors. This development comes as a result of questionable investment strategies and alleged breaches of fiduciary duty that have shaken the foundations … Continue reading Distressed-Debt Manager Invictus Loses Control of Flagship Fund After Battle With Top Investors

Patrick Cantlay Ends Goldman Sachs Endorsement Deal: A New Chapter Begins

The European News Global Patrick Cantlay, the talented golfer known for his remarkable performances, has parted ways with Goldman Sachs, one of the world’s largest investment banks. The decision not to renew their endorsement deal comes as a surprise, just months after the highly-anticipated Ryder Cup event. Since July 2020, Cantlay proudly wore the iconic … Continue reading Patrick Cantlay Ends Goldman Sachs Endorsement Deal: A New Chapter Begins

Elon Vs Media Matters, Crypto Boost, Venmo Vs Apple, Jamie Dimon Praise Employees, CPI Property’s Bonds Plummeting and Others

The European News Global 1. Musk’s X Takes Legal Action Against Media Matters, Stirring Controversy: Recent reports reveal that Musk’s X has filed a lawsuit against liberal advocacy group Media Matters, demanding accountability for an erroneous report that implicated the company’s advertisements supposedly appearing alongside hate group content. This legal action comes soon after Musk … Continue reading Elon Vs Media Matters, Crypto Boost, Venmo Vs Apple, Jamie Dimon Praise Employees, CPI Property’s Bonds Plummeting and Others

Elon Musk’s “Thermonuclear Lawsuit” Against Media Matters Falls Flat

The European News Global Over the weekend, Elon Musk made headlines with his threat of a “thermonuclear lawsuit” against Media Matters. The anticipation built up, but when the court opened, the lawsuit did not materialize as expected. Instead, an 18-page complaint emerged, and it fell far short of the promised “thermonuclear” impact. One possible reason … Continue reading Elon Musk’s “Thermonuclear Lawsuit” Against Media Matters Falls Flat