Big Business

Aliko Dangote, founder of the Dangote Group and Africa's richest man, has announced plans to establish a major steel production company. This development was revealed during his speech on Wednesday at the Afreximbank Annual Meetings (AAN) and AfriCaribbean Trade & Investment Forum in Nassau. Dangote emphasized the importance of domestic...

Mukesh Ambani has secured a significant win in the competition against Elon Musk for satellite internet dominance. India's space regulator has granted approval for a satellite internet service run by Orbit Connect India, a joint venture between Ambani's Reliance Industries' Jio Platforms and Luxembourg-based SES. Musk's perceived snub of the...

This week, Samsung Electronics Chairman Jay Y. Lee engaged in strategic discussions with top executives from Meta, Qualcomm, and Amazon, aiming to forge new collaborations in artificial intelligence, cloud computing, and semiconductor technology. The South Korean tech leader announced on Thursday that Lee's meetings were centered on strengthening partnerships with...

We live in an interconnected world, and staying in touch with others around the globe has become more critical than ever. There has been an increase in the number of people who can work from anywhere in the world post-pandemic. Many employees realized that “work from home” could mean “work...

Carlos Slim, the wealthiest individual in Latin America, has acquired a 3.2% stake in BT, a move that analysts consider a surprising yet strong endorsement of the British telecom company's prospects. Slim, whose net worth is approximately $93 billion, now holds a stake worth around $512 million in the FTSE...

Cybersecurity is a central focus of company IT departments. Stakeholders at SMEs across the board are invested in the safety and security of company security. And for good reason – cybercrimes are on the rise. Infiltrations of company IT networks can render a business inoperable, destroying its credibility, finances, and...

OpenAI, renowned for its AI breakthroughs like ChatGPT, has announced the addition of two significant executives to its team. In a blog post, OpenAI highlighted that these appointments are aimed at enhancing the company's ability to scale and meet the demands of its expanding customer base and the complexities of...

Markus Zetterström has taken the helm as CEO of Sinonus, a promising spinout from Chalmers University of Technology and KTH, which is part of the Chalmers Ventures portfolio. In his new role, Zetterström will steer the company towards commercializing its innovative carbon fiber technology that serves dual purposes as battery...

NVIDIA, a leader in the AI chip industry, has surged past Apple to become the second most valuable publicly traded company globally, achieving a market capitalization exceeding $3 trillion. This milestone, recorded on June 6, 2024, positions NVIDIA right behind Microsoft. The company's meteoric growth in market value has elevated...

In a world where the necessity of remote work is transitioning from a temporary solution to a long-term remote/hybrid working strategy, businesses are continually seeking ways to optimize their operations and maintain a cohesive and productive workforce. My conversation with Marco Costa, CEO of Exclaimer, a leading email signature management...