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LVMH Commits \u20AC5 Billion to Fuel Green Luxury Transition, Targets 2035 Net-Zero for Key Brands

HypeNa_Admin10 months ago09 mins

LVMH Unveils Major \u20AC5 Billion Sustainability Acceleration Plan Paris, France \u2013 April 18, 2025 \u2013 LVMH Mo\u00ebt Hennessy Louis Vuitton SE, the world’s leading luxury conglomerate, today announced a landmark commitment marking a significant escalation in its environmental strategy. The group is dedicating an unprecedented \u20ac5 billion investment over the next five years specifically towards…

EU Fast-Tracks AI Act Overhaul: New Rules Target GPT Models, Mandate Transparency & Risk Assessment

HypeNa_Admin10 months ago08 mins

EU Commission Unveils Sweeping AI Act Amendments Amid Rapid Model Evolution Brussels, Belgium – In a significant move underscoring the European Union’s determination to keep pace with the accelerating landscape of artificial intelligence development, the European Commission today unveiled comprehensive draft amendments to its landmark EU AI Act. This proposed legislative overhaul directly addresses the…

AlphaTech Unveils Groundbreaking ‘Orion 3’ AI, Igniting Urgent Global Regulatory Response

HypeNa_Admin10 months ago08 mins

Introduction In a development poised to reshape the global technology landscape and accelerate the urgent debate surrounding artificial intelligence governance, AlphaTech today announced the unveiling of its highly anticipated ‘Orion 3’ AI model. The announcement, highlighting capabilities demonstrated just days prior on April 14th, has immediately triggered significant reactions from legislative bodies on both sides…

EU Digital Textile Passports Mandated July 1, 2025: Global Fashion Supply Chains Face Deadline

Jackson Reed11 months ago010 mins

EU Mandates Digital Textile Passports from July 2025 The European Union has reached a pivotal moment in its ambitious push towards a sustainable and circular economy. On March 15, 2025, following extensive negotiations and legislative procedures, the European Parliament and the Council formally adopted the landmark measures outlined in the EU Textile Strategy. Central to…

Bipartisan AI Safety & Transparency Act Introduced in Senate, Proposing Mandatory Testing for Advanced Models

HypeNa_Admin11 months ago010 mins

Washington D.C. – A significant legislative effort aimed at establishing federal guardrails for the rapidly evolving field of artificial intelligence was formally launched in the U.S. Senate on March 28th. Spearheaded by Senators Maria Cantwell (D-WA) and Todd Young (R-IN), the bipartisan “AI Safety & Transparency Act of 2025” was introduced, signaling a serious intent…

EU Hits Globex Corp. with Record EUR 5 Billion Fine Over DMA Gatekeeper Violations

HypeNa_Admin11 months ago010 mins

EU Regulators Levy Record Fine on Globex Corp. for DMA Violations Brussels, Belgium – The European Commission today announced a landmark decision that will resonate across the global technology sector, levying a monumental fine of EUR 5 billion against tech giant Globex Corp. This historic penalty stems from findings that the company engaged in practices…

LVMH Launches Major Blockchain-Powered Supply Chain Transparency Initiative ‘LVMH Trace’

HypeNa_Admin11 months ago09 mins

LVMH Announces Groundbreaking Supply Chain Transparency Program Paris, France – LVMH Moët Hennessy Louis Vuitton SE, the world’s leading luxury group, today, March 26, 2025, announced the launch of a comprehensive new program designed to significantly enhance transparency across the supply chains of its extensive portfolio of brands. The initiative, formally dubbed “LVMH Trace,” marks…

FTC Unleashes Major Antitrust Investigation into AI Chip and Cloud Dominance

HypeNa_Admin11 months ago08 mins

FTC Launches Sweeping Antitrust Probe into AI Supply Chain Washington D.C. – In a significant move signaling heightened regulatory scrutiny over the burgeoning artificial intelligence industry, the U.S. Federal Trade Commission (FTC), under the leadership of Chair Lina Khan, announced on Tuesday, March 25, 2025, the initiation of a broad antitrust investigation. The probe is…

Major Fashion Coalition Urges Amendments to NYC Sustainability Bill, Citing Compliance Burden and Scope 3 Deadline Concerns

HypeNa_Admin11 months ago09 mins

Major Fashion Coalition Raises Alarms Over NYC Sustainability Bill’s Compliance Requirements Washington D.C. – The American Fashion Alliance (AFA), a prominent coalition representing over 50 major U.S. fashion brands, today issued a formal and detailed statement expressing significant concerns regarding New York City’s recently proposed Fashion Sustainability and Social Accountability Act (SASA). While acknowledging and…

Global Consortium Achieves Major Quantum Computing Breakthrough in Qubit Stability

Kendra Lane11 months ago07 mins

Global Consortium Achieves Major Quantum Computing Breakthrough in Qubit Stability March 22, 2025 – A landmark achievement in the field of quantum computing was announced today by the ‘Qubits Beyond Limits’ consortium, a global research collaboration encompassing leading institutions including MIT, Oxford University, and Japan’s RIKEN institute. On this date, the consortium publicly shared details…