IRVINE, Calif. – Ingram Micro, a major U.S. information technology (IT) service provider and widely recognized as one of America’s leading IT companies, has publicly confirmed it has been impacted by a cyberattack involving ransomware. The incident, which the company states it “identified ransomware on certain internal systems,” has led to significant disruption across its…
In a significant move signaling a potential seismic shift within the global luxury market, fashion designer Demna is set to assume the pivotal role of chief creative at the storied Italian house of Gucci. The appointment, widely reported and confirmed, places the acclaimed designer at the helm of a brand described by observers as currently…
July 5, 2025 — Artificial intelligence continues its rapid integration across global sectors, marked today by significant developments spanning government investment in green energy infrastructure, escalating disputes between major tech firms and media outlets, evolving challenges in education, and a proposed strategic pivot for a leading research institution. The multifaceted impact of AI is increasingly…
DURBAN, SOUTH AFRICA – Thousands of attendees converged upon Greyville Racecourse on Saturday, July 5, 2025, for the Hollywoodbets Durban July, an event widely regarded as the biggest horse racing spectacle in Africa and a significant highlight on South Africa’s vibrant social calendar. Beyond the thundering hooves and competitive races, the day also served as…
Redmond, WA – Microsoft Corporation has announced a significant reduction in its global workforce, impacting approximately 9,000 employees, which constitutes about 4% of its total staff base. The move, described as the largest series of layoffs the technology giant has undertaken since 2023, is part of a broader strategic initiative to streamline operations and manage…
The artificial intelligence landscape continues its rapid evolution, with the week concluding on July 4, 2025, bringing forth a series of significant announcements from leading technology firms. Developments spanned innovations in developer tooling, advanced creative media generation, new consumer subscription models, and substantial user growth in AI assistants, underscoring the diverse and expanding applications of…
LONDON, UK – Source Fashion, Europe’s premier responsible sourcing show, is poised to become a crucial nexus for industry dialogue in July 2025. Set to return to Olympia London from July 8 to 10, the event will prominently feature its dedicated Source Debates Stage, designed to stimulate critical conversations and drive progress on the most…
DUBLIN – The global market for wedding wear is poised for significant expansion, reaching an estimated USD 13.22 billion in 2025. This represents a notable increase from its USD 12.53 billion valuation in 2024, reflecting a dynamic sector adapting to evolving consumer preferences and technological advancements. According to a comprehensive analysis, the market is projected…
The global technology sector has commenced 2025 facing significant workforce contraction, with major companies implementing widespread job cuts that collectively exceed one lakh positions worldwide. This wave of restructuring affects industry behemoths such as Microsoft, Intel, IBM, Amazon, Google, Meta, and Infosys, signaling a transformative period influenced by shifting economic landscapes, strategic repositioning driven by…
London, UK – The United Kingdom’s fashion sector experienced a notable uptick in consumer spending during the first quarter of 2025, posting a 5% increase, according to a new analysis of transaction data. The ‘State of Spend: Retail Report’, compiled by the advertising platform Cardlytics, reveals that this growth is fundamentally shaped by shifting consumer…
