OpenAI Is Shutting Down for a Week

In a bid to retain its staffers amid a Meta poaching spree, OpenAI is giving them a mandatory week-long vacation. According to insiders who spoke to Wired, a cloud of anxiety is lingering over OpenAI’s C-suite as leaders scramble to keep staff happy and on their side — a tall order given that employees there often… Continue reading OpenAI Is Shutting Down for a Week

Global Times: Scholars’ Perspectives: Demonstrating Party’s character and strength through innovative development

BEIJING, July 1, 2025 /PRNewswire/ — July 1, 2025, marks the 104th founding anniversary of the Communist Party of China (CPC). Looking back on more than a century of striving, it is under the Party’s strong leadership that the Chinese people have continuously turned the “impossible” into the “possible.” The historic transformation of the Chinese… Continue reading Global Times: Scholars’ Perspectives: Demonstrating Party’s character and strength through innovative development

New ECCIA-Bain report: Europe’s high-end sector sounds alarm on tariffs, skills and competitiveness

New Report on Europe’s High-End Sector Shows €986 Billion Economic Engine Powerhouse Driving Jobs, Tourism & Craftsmanship Projected global high-end & luxury market growth expected to reach €2 trillion by 2030; ECCIA’s aims policy recommendations at EU amidst emerging geopolitical headwinds BRUSSELS, July 2, 2025 /PRNewswire/ — Latest figures released by the European Cultural and… Continue reading New ECCIA-Bain report: Europe’s high-end sector sounds alarm on tariffs, skills and competitiveness

Jacobs to Deliver Program Management Services for India’s Industrial Corridor Projects

Greenfield industrial smart cities set to reshape industrial landscape DALLAS, July 1, 2025 /PRNewswire/ — Jacobs (NYSE: J) has been appointed by the National Industrial Corridor Development Corporation Limited (NICDC) as Knowledge Partner to support the development and management of 12 industrial corridors across India. The project, under the National Industrial Corridor Development Program, is… Continue reading Jacobs to Deliver Program Management Services for India’s Industrial Corridor Projects

Ferrari reintroduces physical buttons in interior rethink

Ferrari says it made a mistake by replacing physical buttons with haptic controls on its steering wheels, and it will reverse the decision across its range. The move begins with the Amalfi, which is also fitted with the traditional start/stop button that owners wanted to return. The haptic tech was first introduced in the SF90… Continue reading Ferrari reintroduces physical buttons in interior rethink

Global Times: Xi stresses building unified national market, promoting marine economy’s high-quality devt

BEIJING, July 1, 2025 /PRNewswire/ — Chinese President Xi Jinping on Tuesday stressed efforts to advance the building of a unified national market and promote the high-quality development of the marine economy, the Xinhua News Agency reported. Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission,… Continue reading Global Times: Xi stresses building unified national market, promoting marine economy’s high-quality devt

Hamilton Lane Launches First Asia-Focused Private Markets Evergreen Offering to Enable Access to Targeted Opportunities Across the Region

The Hamilton Lane Asia Private Assets Fund aims to offer private wealth investors a first-of-its-kind opportunity to tap into Asia’s $3+ trillion private equity market1 Launch is the latest addition to Hamilton Lane’s $11 billion2 global Evergreen Platform HONG KONG, July 1, 2025 /PRNewswire/ — Leading private markets investment firm Hamilton Lane (Nasdaq: HLNE) today… Continue reading Hamilton Lane Launches First Asia-Focused Private Markets Evergreen Offering to Enable Access to Targeted Opportunities Across the Region

XTEND Reality Inc. Debuts New U.S. Headquarters and Drone Production Facility in Tampa, Driving Innovation and National Security

The new facility will manufacture and integrate XTEND’s advanced drone systems to support critical U.S. defense missions. The opening comes as federal leaders intensify their push for domestically produced drone technologies that reduce foreign reliance and strengthen national security. “We are not just building drones, we are building capabilities, resilience and trust,” said XTEND Chief… Continue reading XTEND Reality Inc. Debuts New U.S. Headquarters and Drone Production Facility in Tampa, Driving Innovation and National Security

LAZ PARKING ACQUIRES MAJORITY STAKE IN INDIGO PARK CANADA

Builds North America’s Largest Tech-Driven Parking, Transportation, and Mobility Company HARTFORD, Conn., July 1, 2025 /PRNewswire/ — LAZ Parking announced today the completion of an acquisition that gives it a 60% majority stake in INDIGO Park Canada Inc. (IPC), creating North America’s largest tech-driven parking, transportation, and mobility company. The acquisition reunites LAZ with the INDIGO… Continue reading LAZ PARKING ACQUIRES MAJORITY STAKE IN INDIGO PARK CANADA

Selenta Group (Brookfield) sells the iconic Mare Nostrum Resort in Tenerife in the largest ever transaction in Spain

SANTA CRUZ DE TENERIFE, Canary Islands, July 1, 2025 /PRNewswire/ — Selenta Group, owned by a fund managed by Brookfield Asset Management, has finalised terms for the disposal of the Mare Nostrum Resort to the Spring Hotels chain for a total amount of €430 million. Continue Reading Mare Nostrum Resort in Tenerife The Mare Nostrum… Continue reading Selenta Group (Brookfield) sells the iconic Mare Nostrum Resort in Tenerife in the largest ever transaction in Spain