EU Parliament Gives Final Approval to Historic AI Regulation The European Parliament today officially passed the final version of its landmark Artificial Intelligence Act, a pivotal moment establishing comprehensive rules for the development, deployment, and use of AI systems within the European Union. The vote marks the culmination of years of legislative work, positioning the…
Kering Commits to Ambitious Sustainability Goals and Significant Investment Paris, France – June 7, 2025 – Kering Group, one of the world’s leading luxury conglomerates, today announced a comprehensive and ambitious new sustainability strategy, underscored by significant investment, signaling a heightened commitment to environmental responsibility and ethical practices within its global operations. The announcement, made…
LVMH Acquires EcoWear Tech in Pivotal Sustainable Fashion Move Paris, France – LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury conglomerate, today announced a significant strategic acquisition, signalling a major acceleration of its commitment to sustainable innovation within the high-fashion and luxury goods sectors. The group has successfully acquired EcoWear Tech, a pioneering startup…
US Government Files Major Antitrust Lawsuit Against AlphaTech Corp. Washington D.C. – The United States Department of Justice (DOJ) today filed a significant antitrust lawsuit against AlphaTech Corp., one of the world’s leading technology companies. The complaint, lodged in the U.S. District Court for the Northern District of California, alleges that AlphaTech has illegally maintained…
Luxury Fashion Embraces Tech: Maison Celeste and InnoFab Unveil Revolutionary ‘Chromaweave’ Paris, France – In a move poised to redefine the landscape of luxury apparel, iconic fashion house Maison Celeste formally announced a groundbreaking partnership with leading material science innovator, InnoFab Corp. The highly anticipated revelation took place on June 4th, 2025, at Maison Celeste’s…
European Parliament Sanctions Detailed Implementation Framework for AI Act Strasbourg, France – In a pivotal move underscoring the European Union’s commitment to regulating artificial intelligence, the European Parliament today gave its crucial approval to the detailed implementation framework for the EU Artificial Intelligence Act (AI Act). This vote marks a significant step in translating the…
EU Parliament Solidifies Path for AI Regulation with Key Implementation Vote Strasbourg, France – The European Parliament today marked a pivotal moment in the global regulation of artificial intelligence, voting overwhelmingly to approve crucial implementing measures for the ambitious Artificial Intelligence Act. This vote is not merely procedural; it lays the essential groundwork for the…
LuxCorp Global Unveils Landmark $500 Million Circular Fashion Innovation Fund Paris, France – On May 23, 2025, LuxCorp Global, a leading luxury conglomerate renowned for its diverse portfolio of prestigious fashion and lifestyle brands, announced a substantial strategic investment aimed at accelerating the transition towards a more sustainable and circular economy within the luxury sector….
Google Introduces Gemini Ultra 2.0 with Major Multimodal Reasoning Claims MOUNTAIN VIEW, CA – Google today announced the next generation of its flagship artificial intelligence model, Gemini Ultra 2.0, during the keynote address at its annual I/O 2025 developer conference held on Friday. The reveal positions Gemini Ultra 2.0 as a significant step forward in…
Senate Passes Landmark AI Bill Washington, D.C. — The U.S. Senate today took a significant step towards establishing federal oversight of artificial intelligence technologies, passing the “Artificial Intelligence Transparency and Accountability Act of 2025”. The landmark legislation, aimed at addressing the potential risks and societal impacts of rapidly advancing AI systems, received bipartisan support, passing…
