Arabian Post Staff -Dubai BlackRock has launched a robotics-focused exchange-traded fund, widening its artificial intelligence investment range as investors become more selective about exposure to the technology. The iShares Future Robotics and Related Technologies Active ETF began trading on NYSE Arca on Wednesday, 21 October, under the ticker RBTX. The fund seeks investments across businesses developing, supplying and deploying intelligent machines that automate physical tasks, including operations […]
A US food importer has challenged President Donald Trump’s 50 per cent tariffs on Canadian goods in the United States Court of International Trade, arguing that the administration exceeded its legal authority. Gellert Global Group filed the lawsuit on Tuesday, October 20, with representation from the Liberty Justice Center. The New York-based court has been asked to halt collection of the duties, declare them unlawful and order […]
An attack on King Fahd International Airport in Dammam killed one person and injured eight others, Saudi Arabia’s civil aviation regulator confirmed on Thursday, as Washington ordered non-essential diplomatic personnel and their families to leave the kingdom. The General Authority of Civil Aviation said the airport was targeted on Wednesday evening, October 21. The person killed was a resident of Saudi Arabia, while the eight injured people […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 21 October 2026 – UEM Edgenta Berhad (“UEM Edgenta” or “the Company”), a leading Asset Management and Infrastructure Solutions company, today announced the launch of its inaugural Young Entrepreneurship Programme (YEP), a new initiative developed to identify, train and mentor young entrepreneurs within the Company’s vendor ecosystem. The inaugural cohort comprises six vendors from UEM Edgenta’s Infrastructure Solutions and Asset Management business ecosystems, marking the start of a structured, multi-phase journey towards operational readiness and long-term business growth.
The six vendors were selected through a rigorous, multi-tiered screening process. Companies were assessed against eligibility criteria centred on youthful leadership and business track record, before undergoing desktop audits, pre-assessments and site visits benchmarked against the Malaysia Business Excellence Framework (MBEF). Vendors demonstrating the required readiness, strategic relevance to UEM Edgenta and potential for sustainable growth were shortlisted for the inaugural cohort.
YEP is designed to build on the success of UEM Edgenta’s existing Vendor Development Programme, with a sharper focus on empowering young business owners. The programme aims to develop industry-ready vendors that meet UEM Edgenta’s operational and compliance standards, while strengthening their long-term business viability. In doing so, YEP supports the aspirations of Rancangan Malaysia Ke-13 (RMK13) to raise the socioeconomic standing of the rakyat, particularly through youth empowerment, digital innovation, financial inclusion, and Technical and Vocational Education and Training (TVET).
To deliver the training component, the Company has forged strategic partnerships with Institut Keusahawanan Negara (INSKEN) and the Construction Industry Development Board (CIDB) Malaysia. INSKEN will lead training on business model development, leadership, and strategic planning, culminating in an INSKEN certification, while CIDB will provide technical training on tender, contract, and financial management as well as management systems, supporting participants’ compliance and competitiveness within the construction and infrastructure industry. These external modules are complemented by internal business training delivered through Edgenta Academy.
Shaiful Subhan, Managing Director/Chief Executive Officer of UEM Edgenta, said the programme reflects the Company’s commitment in nurturing a resilient and future-ready vendor base. “As we look ahead, we want to build a supplier ecosystem that is diverse, competitive and driven by capability and performance. We believe opportunities should be earned through commitment, quality and willingness to grow, not simply by how long a company has been in business. A strong supply chain is not built overnight. It is built by investing in people, developing capabilities and creating long-term partnerships that grow together,” he said.
Beyond its immediate vendor ecosystem, UEM Edgenta views YEP as a platform to contribute to the broader national agenda of socioeconomic mobility, helping young business owners transform innovative ideas into commercially viable ventures that, in time, create new employment opportunities within their own communities. The inaugural cohort has been intentionally kept small to allow for high-quality, intensive mentorship and customised training. The Company will evaluate the outcomes of this inaugural batch to guide future investment and the potential expansion of the programme to a wider pool of young entrepreneurs in subsequent years.
The issuer is solely responsible for the content of this announcement.
About UEM Edgenta
UEM Edgenta Berhad (“UEM Edgenta”), a wholly-owned subsidiary of UEM Group Berhad, is an Asset Management and Infrastructure Solutions company that delivers integrated, end-to-end solutions across the entire asset lifecycle, combining engineering excellence in design, project management and asset consultancy with tech-enabled asset management capabilities to optimise asset performance, efficiency and resilience.
With operations across Malaysia, Singapore, Indonesia, Taiwan, the United Arab Emirates and the Kingdom of Saudi Arabia, UEM Edgenta supports the reliable and sustainable performance of critical assets, including healthcare facilities, transportation networks and industrial infrastructure.
Nearly two-thirds of the world’s largest businesses have assigned leadership responsibility for artificial intelligence security, but formal oversight and executive accountability remain uneven, according to new research released on Tuesday. The 2026 Security Organisational Design Benchmark Report, published by cybersecurity research firm IANS and executive recruitment company Artico Search, found that 65% of organisations generating at least $10 billion in annual revenue have established a head of […]
Businesses are deploying artificial intelligence agents faster than they can monitor their behaviour, leaving gaps in security, accountability and cost control, according to a global Splunk study released by Cisco on Tuesday. The 2026 State of Observability report found that 87% of technology professionals consider AI monitoring a priority, yet 56% cannot measure important workload indicators such as the quality of responses generated by large language models. […]
Jio Platforms opens its $3.2 billion initial public offering to public investors on Wednesday, launching India’s biggest share sale and the first flotation from Mukesh Ambani’s Reliance group in two decades. The telecom and digital services company has priced its shares between Rs 1,065 and Rs 1,119, with subscriptions running until Friday. At the upper end, the offering of 270 million new shares would raise approximately Rs […]
Arabian Post Staff -Dubai Britain will deploy Royal Air Force Typhoon fighter jets to protect Saudi Arabian cities and critical infrastructure against escalating missile and drone attacks by Yemen’s Houthi movement, expanding its military involvement in the region. The Ministry of Defence announced on Tuesday that British aircraft would undertake defensive counter-air operations over Saudi Arabia, with explicit instructions not to conduct offensive strikes against the Iran-aligned […]
Solcis extends open security guardrails such as NVIDIA OpenShell and Microsoft’s AGT with the controls compliance professionals need, in a platform built to be self-hosted.
SINGAPORE – Media OutReach Newswire – 21 October 2026 – Solcis, a spin-out of 6clicks, today released Solcis Compliance Studio and the Solcis Policy Engine. Together they let organisations turn their policies and compliance obligations into enforceable rules for AI, check each action an AI agent takes against those rules as it happens, and keep a tamper-evident record for auditors and regulators. Solcis integrates with open runtime enforcement engines such as NVIDIA OpenShell and Microsoft’s Agent Governance Toolkit (AGT).
As organisations put AI agents to work, they must show that every automated action meets the same obligations as the rest of the business. Today, that is hard to prove. Solcis closes that gap across cybersecurity, privacy, financial crime, conduct and prudential regulation.
Solcis Compliance Studio Solcis Compliance Studio is where compliance teams define, run and prove compliance for their AI agents. Studio has six core capabilities:
Policy lifecycle and authoring: turns obligations into enforcement policies and manages them through deployment and updates.
Universal evidence ledger: brings results from every enforcement point into one tamper-evident record.
Compliance model management: recommends the best small language model (SLM) for each policy, benchmarked for compliance.
Learning and drift detection: improves policies over time from observed decisions and human judgement, and detects control and agent drift.
Compliance coverage and analytics: audit-ready reporting on compliance posture, including agent discovery.
Integrations: connects to GRC, SIEM and ticketing systems, including 6clicks, ServiceNow IRM and Archer.
Solcis Policy Engine Organisations can enforce Studio policies through NVIDIA OpenShell, Microsoft’s AGT, or the Solcis Policy Engine, Solcis’s own open enforcement engine for general compliance and business rules. The Policy Engine reaches decisions in under 200 milliseconds by combining two types of check:
Deterministic checks apply fixed rules that return the same result for the same input every time, giving regulators and auditors repeatable, evidence-backed answers.
Inference-based checks use AI to judge context and ambiguous cases that fixed rules cannot capture. Checks are routed to the best-suited AI small language model (SLM).
Every agent action in its path receives an Allow, Deny or Escalate decision with a severity rating, inline and without slowing it down. Decisions are enforced through the Solcis SDK in an AI system’s action path, or the Solcis Gateway on model, tool and MCP endpoints.
“Most organisations know what the regulation says and what their systems do, but not how the two connect,” said Anthony Stevens, CEO and co-founder of Solcis. “The Solcis platform joins them up, from obligation to policy to enforcement to evidence. And for the organisations that need it most, keeping that chain on their own infrastructure isn’t a preference, it’s non-negotiable.”
Sovereign by design, available now Solcis is built only to be self-hosted, so organisations keep full control of their AI compliance workloads, models and data: nothing Solcis processes, from policies to decision logs, ever leaves their environment.
Both products are available now, directly from Solcis and through partners, and from November 2026 on the Microsoft, AWS, Google Cloud, Oracle, NVIDIA and Red Hat marketplaces.
Compliance Studio is sold on a subscription or perpetual licence, with no usage metering. The Policy Engine is released under the Functional Source License, so its code is open to audit.
Solcis, Solcis Compliance Studio and Solcis Policy Engine are trademarks of Solcis Pty Ltd.
NVIDIA and NVIDIA OpenShell are trademarks of NVIDIA Corporation in the U.S. and other countries. Microsoft is a trademark of the Microsoft group of companies. All other trademarks are the property of their respective owners.
The issuer is solely responsible for the content of this announcement.
Solcis
Solcis builds sovereign AI compliance software that organisations self-host and control, with a mission to serve the auditors and regulators who hold them to account. Spun out of 6clicks, Solcis offers two products: Solcis Compliance Studio, which integrates with publicly available AI runtimes such as NVIDIA OpenShell and Microsoft’s Agent Governance Toolkit; and the Solcis Policy Engine, its own engine for general compliance and business rules.
BEIJING, CHINA – Media OutReach Newswire – 20 October 2026 – In Rongjiang, a county in Guizhou, southwest China, soccer is bringing communities together and creating new opportunities for local businesses.
From packed stadiums to traditional music and dance, the Village Super League is about much more than the game; it’s a celebration of local culture, community spirit and hometown pride.
Hashtag: #CGTN
The issuer is solely responsible for the content of this announcement.
Cryptocurrency trading platform Bitget has announced plans to acquire a licensed digital asset exchange in Thailand, seeking a regulated operating base in the country through a transaction that remains subject to official approval. The proposed acquisition involves Bangkok-based GMO-Z. com Cryptonomics (Thailand) Co., Ltd., which operates a digital asset exchange and brokerage. Bitget said on Tuesday that the purchase would be undertaken through its interest in BTGT […]
Arabian Post Staff -Dubai Abu Dhabi-based Burjeel Holdings has highlighted its mission-ready healthcare operations across national and international projects, reporting more than 1.17 million outpatient and inpatient visits as it showcases an integrated model for delivering medical services. The healthcare group is placing emergency preparedness, frontline medical response, deployable hospital infrastructure and specialised treatment at the centre of its participation in the Abu Dhabi Future Health Summit […]
Figma co-founder and chief executive Dylan Field has questioned the limitations of the Model Context Protocol (MCP), warning that unrestricted access to company data could increase security risks even as the design software developer expands its artificial intelligence partnerships. Field said the open-source protocol, which enables AI agents to connect with external applications and information, requires substantial improvement. His comments followed Figma’s announcement of 20 additional MCP […]
The world’s most powerful central banks are lining up to raise interest rates at the same time. History suggests this rarely ends quietly. The Federal Reserve is, I believe, likely to hold this month, then hike in December. Markets put the odds of a European Central Bank rise in December at 84%. Canada’s inflation has smashed through its target. British wage growth keeps running hot. Everywhere you […]
TONGXIANG, CHINA – Media OutReach Newswire – 20 October 2026 – The 2026 World Internet Conference Wuzhen Summit will open on Nov. 2, bringing technology leaders, researchers and companies to the historic water town as Tongxiang firms expand AI applications from commercial cleaning and autonomous delivery to industrial control and data-center cooling.
The CenoBot S5 autonomous cleaning robot undergoes real-world testing at a demonstration site in Tongxiang.
For Tongxiang, long associated with the annual internet conference, the summit is also a chance to demonstrate how local companies are commercializing AI technologies for customers at home and abroad.
Ahead of the event, reporters visited seven Tongxiang-based companies working in robotics, intelligent vehicles, synthetic data, industrial automation, logistics and computing infrastructure.
Singapore Changi Airport earlier this year placed a fourth order for commercial cleaning robots from CenoBots, a Tongxiang-based company whose machines are used in airports, supermarkets, hospitals, factories and warehouses.
CenoBots has sold products in more than 40 countries and regions. Its customers include Changi Airport, British retailer Tesco, the University of Minnesota and pharmaceutical company Novo Nordisk. This year, the company supplied about 600 autonomous cleaning robots for Tesco Express stores across the United Kingdom.
“Cleaning robots are appearing in more and more settings,” said Shen Jizhong, CenoBots’ co-founder and vice president. “It is much like electric vehicles becoming a familiar sight on the roads — a trend that is gathering pace.”
The company’s machines are adapted to different settings. Hospital robots must move through busy corridors without disrupting patient care, while those used in supermarkets navigate around shoppers and carts. Factory robots operate near forklifts, and airport models must handle both fine debris in carpeted areas and small obstacles on smooth floors.
CenoBots continues to refine its robots through real-world testing, focusing on reliable operation and consistent cleaning performance across diverse environments. The company has expanded its research, development and production facilities in Tongxiang from approximately 3,000 square meters in its early years to more than 20,000 square meters. Local malls, hospitals and sports venues have also served as long-term testing sites.
While CenoBots focuses on service robots, TEEMO is developing the vehicle platforms that support autonomous mobility. The company makes drive-by-wire skateboard chassis and core components for autonomous vehicles used in last-mile delivery, patrols and logistics.
Its standardized chassis can be equipped with different vehicle bodies and hardware for specific uses. One of TEEMO’s strategic customers, autonomous delivery-vehicle maker Zelos, was selected for all lots in China Post’s centralized procurement program for 7,000 autonomous delivery vehicles.
TEEMO’s customers already span the United States, the Middle East, India and Russia, said Zhang Yongjian, the company’s director of operations.
“In some overseas markets, distances are long, populations are dispersed and last-mile delivery is difficult to staff,” Zhang said. “Autonomous delivery vehicles have strong potential there, and overseas business will become an important growth driver for us.”
Other Tongxiang companies are concentrating on the data and perception systems that allow machines to function in physical environments.
Dayan Technology, founded in Tongxiang in May 2025, provides synthetic-data and toolchain services for autonomous-driving and humanoid-robotics companies. It combines real-world data collection, digital twins and simulated training environments to help developers train robots before they are deployed.
Its wearable devices record human movement and interactions with objects. A haptic glove uses liquid-metal and pressure sensors to capture hand gestures, finger movements and contact force. A multi-camera headset records a user’s visual field, body posture, hand movements and the position of nearby objects.
Dayan said its tactile-perception model can process touch signals in milliseconds. The technology is intended to help robots do more than identify objects visually: They can learn how firmly to grip an item, recognize when it is slipping and apply force without causing damage.
Freetech Intelligent Factory
Freetech is applying related sensing and decision-making capabilities to intelligent driving. The company develops intelligent-driving systems and 4D imaging radar for passenger and commercial vehicles, and said its technology has been selected for hundreds of vehicle programs.
Its ODIN AI platform supports products at different levels of driving automation. The radar is designed to complement cameras in heavy rain, fog, darkness and abrupt changes in light, including when vehicles enter or leave tunnels.
At its intelligent-manufacturing base in Wuzhen, Freetech is also using AI in production. An in-house system reads customer orders and calculates the components and materials needed for each production line before manufacturing begins. The company said the system has increased overall efficiency by more than 20%.
“Transportation combined with a specialized function will be an important direction for the future,” said Dr. Zhang Lin, Freetech’s founder and CEO.
Freetech sees potential applications beyond passenger vehicles, including robots, elder-care vehicles, mining equipment and agricultural machinery.
Beyond mobility, Tongxiang firms are using AI to address the complexity of industrial operations. Founded in 2019, Shuhan Technologies provides on-premises industrial AI for chemical plants, energy facilities and wastewater-treatment systems. Its AI-driven control layer continuously ingests data from central control systems and field sensors, identifies dynamic conditions and autonomously adjusts operating parameters in real time.
“Fundamentally, all industrial process challenges can be framed as control and optimization problems,” said Zhai Zhengjun, Shuhan’s Chief Technology Officer.
At a coal chemical plant with annual capacity of 1.2 million metric tons, Shuhan said its system reduced raw-material consumption by 6%. The company estimated that the deployment generated more than 176 million yuan, or about $26 million, in annualized economic benefits and reduced carbon emissions by more than 500,000 metric tons.
SENAD is targeting bottlenecks in logistics operations, including loading, unloading, sorting and pallet handling. It develops autonomous loading and unloading robots, as well as a multimodal logistics model called Robot Insight, for sectors including beverages, tobacco, consumer goods, pharmaceuticals and logistics.
Tongxiang’s AI sector also includes companies addressing the infrastructure needed to run increasingly powerful computing systems. SynthCool is tackling a basic constraint of the AI boom: heat.
SynthCool develops two-phase liquid-cooling systems to address the heat generated by increasingly powerful processors. Inadequate cooling can trigger thermal throttling, reducing performance and energy efficiency.
“Heat dissipation is infrastructure,” said Zhu Zhijiang, SynthCool’s general manager.
SynthCool’s two-phase cooling technology uses the latent heat of vaporization to remove heat from processors. The cooling fluid absorbs heat and boils into vapor, which is then condensed back into liquid and recirculated.
Depending on ambient conditions and system design, two-phase cooling can also support free cooling and reduce reliance on compressor-based refrigeration. Waste heat may be recovered where temperatures and local demand make reuse practical.
According to SynthCool, its technology supports heat dissipation of more than 3,000 watts per chip and heat flux above 250 watts per square centimeter. Under comparable cooling requirements, the system requires approximately one-third of the flow needed by conventional single-phase water-cooled cold plates, helping reduce piping requirements and pumping demand.
SynthCool’s portfolio includes two-phase direct-to-chip and immersion cooling solutions, along with distribution units and control systems for AI data centers.
Hashtag: #Tongxiang
The issuer is solely responsible for the content of this announcement.
Town, a San Francisco-based artificial intelligence startup developing workplace assistants, has raised $108 million in Series B financing, securing a $1 billion valuation just four months after its public launch. The funding round, announced on October 19, was co-led by Forerunner Ventures and Menlo Ventures, with participation from existing investors Andreessen Horowitz and First Round Capital. Other participants included Better Tomorrow Ventures, Precedent. vc, Scribble Ventures, Serena […]
Saudi Arabia’s Future Investment Initiative Institute has postponed its flagship investment conference in Riyadh until 2027, abandoning plans to hold the tenth edition from 26 to 29 October this year. The institute announced the decision on Monday, just one week before the scheduled opening of FII10, which was to carry the theme “The Power of Legacy”. It has not specified replacement dates but said a new timetable […]
BANGKOK, THAILAND – Media OutReach Newswire – 20 October 2026 – Choosing a restaurant today may begin with more than the question, “What would you like to eat?” It may also mean asking, “Who would you like to spend time with?” and “What kind of meal would you like it to be?” Whether it is a family meal, a gathering with friends, a celebration of a special occasion or a romantic moment by the sea, each calls for different flavours, atmospheres and experiences.
ONYX Dining invites guests to discover a variety of dining experiences at Amari Bangkok and Amari Pattaya, from family meals with something for every generation and relaxed gatherings over long conversations to opportunities to discover new flavours or dine by the sea. Each offers more than a meal: “More of What You Love”
A family meal with something for everyone at the table — Prego
When dining out as a family, everyone may have a different favourite. Some may be in the mood for pizza, others may prefer pasta, while others may wish to try something new. Prego Italian Restaurant at Amari Bangkok brings a variety of Italian dishes together at one table, from wood-fired pizza, homemade pasta and Italian classics to children’s menus and gluten-free options. Highlights also include Risotto alla Montanara, one of the restaurant’s signature dishes, burrata and tiramisu, allowing everyone to choose a dish they love and make the most of their time together.
For those looking to swap the city for the seaside, Prego Pattaya Pasta Lab & Bar at Amari Pattaya welcomes guests with fresh pasta made in-house, pizza and contemporary interpretations of Italian classics, overlooking the curve of North Pattaya Beach. Meanwhile, Amaya Food Gallery offers familiar Thai and international dishes, making a seaside meal another opportunity to relax and spend time with family or someone special.
This November, Prego is set to open a new location at Amari Don Muang Airport Bangkok, offering another choice for families looking to spend time together over their favourite Italian dishes, whether in the city, by the sea or close to the airport.
A Thai meal for moments when you want the conversation to last a little longer — ChomSindh
For meals with older family members or friends of different generations, part of the appeal of Thai cuisine lies in gathering around a table to enjoy a variety of dishes, choosing, serving and sharing as the conversation flows. ChomSindh at Amari Bangkok presents Thai cuisine inspired by rivers and the sea, with dishes such as Chaiya-style Pad Thai with River Prawns, ChomSindh Rice Soup, Naree Kansaeng, Tiger Prawns Stir-fried with Herbs and Spices using a traditional recipe, and Grouper with Three-flavour Sauce. These dishes draw on recipes passed down through generations, locally sourced ingredients and traditional cooking techniques, served in a contemporary setting with an open kitchen.
ChomSindh is also bringing its flavours to Amari Johor Bahru in Malaysia through a pop-up throughout October, followed by Amari Hua Hin throughout November. These pop-ups invite guests to discover Thai cuisine inspired by rivers and the sea, while sharing good food and memorable moments with family and friends. With a selection of dishes brought together at one table, everyone can explore different flavours while talking, exchanging stories and spending time together throughout the meal, bringing the pleasure of good food together with the joy of good company.
Turn an everyday meal into a special occasion with new flavours — NILA
Celebrations need not be reserved for birthdays or anniversaries. Some good news, a new beginning or simply a desire to spend time together can be reason enough. NILA at Amari Bangkok presents a contemporary interpretation of Indian cuisine from across the country, drawing on the heritage, stories and memories behind its recipes. Its approachable flavours make it an inviting choice for couples and groups of friends keen to discover something new.
More than a meal: time spent together, another experience from ONYX Hospitality Group
From family meals where everyone can choose a favourite dish and longer conversations over Thai cuisine to exploring new flavours with friends or enjoying a change of scenery by the sea, food may be the starting point, but it is the time spent together that makes each meal memorable.
For ONYX Hospitality Group, which manages hotels, resorts, serviced apartments and luxury residences, alongside restaurants and spas across Asia Pacific, dining is another important part of the journey. The Group has therefore developed ONYX Dining to bring together its restaurants with a variety of concepts, from Italian, Thai and contemporary Indian cuisine to seaside dining, while establishing a distinctive identity for each restaurant in its destination.
This approach aligns with ONYX Hospitality Group’s More of What You Love theme, reflecting the idea of choosing to spend time on the things each person enjoys throughout their journey, from dining and relaxation to activities, discovering destinations and moments shared with the people who matter.
ONYX Rewards members can enjoy dining discounts at participating restaurants according to their membership tier, while Prego offers discounts starting from 10% and up to 30% for Platinum members, in addition to accommodation benefits, subject to the applicable terms and conditions.
Whatever the occasion, the question may be more than “What would you like to eat today?” It may also be “Who would you like to spend this meal with?”
Hashtag: #ONYXHospitalityGroup
The issuer is solely responsible for the content of this announcement.
About ONYX Hospitality Group:
ONYX Hospitality Group is a leading hospitality management company in Asia-Pacific, with a complementary portfolio of brands comprising Amari, OZO, Shama and Oriental Residence. Together, these brands serve the diverse needs of business and leisure travellers across the region, where ONYX has deep market expertise. Beyond accommodation, the Group also operates spa and food and beverage businesses. Drawing on six decades of management experience, ONYX delivers innovative hospitality solutions across the region while upholding internationally recognised standards and maintaining operational agility. By building enduring relationships with like-minded business partners, ONYX Hospitality Group delivers distinctive experiences in a dynamic and competitive market, responding to the evolving needs of today’s travellers.
Arabian Post Staff -Dubai Emirates NBD has agreed to deploy OpenAI’s GPT models through computing infrastructure in the United Arab Emirates, becoming the first Middle East and North Africa bank to adopt the arrangement, according to the two companies. The enterprise collaboration, announced on Monday, will allow the Dubai-based lender to use advanced artificial intelligence for customer services, compliance, risk monitoring and internal operations while processing model […]
Following the foundation’s Venice gala, the iSwiss Pay founder and his wife, creative director Simona Jakstaite, are expected in London for an evening featuring Rita Ora, with honours for Jeremy Irons and Philip Treacy. LONDON — Christopher Aleo, founder of iSwiss Pay, and his wife, creative director Simona Jakstaite, are expected to attend amfAR London 2026, continuing their support for the foundation’s fundraising initiatives following their participation […]
Strategy, the bitcoin treasury company chaired by Michael Saylor, has acquired another 267 bitcoin for approximately $22.1 million, taking its holdings to 848,517 coins as it continues buying the cryptocurrency despite pressure on its shares. The latest acquisition, disclosed on Monday, 19 October, represents an average expenditure of roughly $82,800 per bitcoin. Strategy’s cumulative holdings were acquired for approximately $64.02 billion, including transaction costs, at an average […]
Walt Disney has agreed to offer jobs to most employees of bankrupt artificial intelligence chatbot developer Character. AI, expanding a proposed $20 million technology deal as the startup struggles with mounting legal liabilities and heavy operating losses. Bankruptcy court filings show that Disney has committed to making employment offers to at least 60 Character. AI employees, representing a majority of its workforce. Their estimated annual compensation totals […]
OpenAI chief executive Sam Altman expects the company to demonstrate a humanoid robot in 2027, confirming an expansion into machines that could eventually compete with products developed by robotics businesses it previously supported. Altman outlined the timetable in a September interview, describing an impressive demonstration next year while cautioning that robots operating routinely in public spaces would take several more years. His remarks establish a development target […]
By Dr. Nilanjan Banik The Union Cabinet’s approval, on 14 October 2026, to sell the government’s and LIC’s combined 60.72% stake in IDBI Bank to a Fairfax Financial Holdings subsidiary for about ₹52,878 crore is more than another entry in India’s disinvestment ledger. At roughly $5.6 billion, it is the largest foreign investment yet in […]
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