The Competition and Markets Authority (CMA) has preliminarily concluded that Adobe’s proposed $20 billion acquisition of the cloud-based product design platform Figma would have a negative impact on the product design software market. Consequently, the authority has effectively halted the deal until
The New York Times reports that on Thursday, advertisers announced that they had no intentions to return X, the social media company formerly known as Twitter. This decision follows an incident where the platform’s owner, Elon Musk, insulted brands by using swear
As the business landscape undergoes constant transformation, the Biz Conference stands as a local beacon for industry professionals looking to navigate the evolving world of marketing and communication, providing a platform for experts, thought leaders, and practitioners to share insights and strategies
Financial Times reports that OpenAI intends to seek additional financial support from its major investor, Microsoft, as CEO Sam Altman advances his vision to create artificial general intelligence, aiming for computer software that matches human intelligence. During an interview with the Financial
In a recent development, Romania’s National Agency for Fiscal Administration (ANAF) has published a guide outlining new methodologies for taxing salaries in the Information Technology (IT) sector. This guide references changes in the social insurance contribution (CAS) rate, specifically addressing the reduction
In the first half of the year, Romania stands out with the lowest cost of living among EU member states, recording a score of 38.4. Surpassing countries like Bulgaria (40.3) and even non-EU nations such as Montenegro (42.4), Serbia (40.5), and Albania
Ming-Chi Kuo, one of the most reputable Apple analysts from TF International Securities stated that, under favourable conditions, Apple plans to increase the proportion of iPhones manufactured in India to represent 20% to 25% of its global shipments by next year. Kuo’s
Banca Transilvania, in collaboration with Microsoft, is bringing artificial intelligence into online communication by launching the AI Search feature on the Întreb BT platform. This feature is based on Microsoft Azure OpenAI Service. Întreb BT serves as an informative, educational, and guidance
In an unexpected turn of events, Finnish telecom heavyweight, Nokia, revealed its intentions to cut as many as 14,000 jobs as a part of a broad restructuring move. The announcement, made on Thursday, has been linked to efforts to navigate a “weaker”
Small enterprises, including micro-enterprises and small to medium-sized businesses (SMEs), have a golden opportunity to secure grants ranging from 200,000 to 8 million euros per project. This opportunity has been made possible by the new grant scheme tailored for SMEs in six