WienerAI presale nears conclusion with $9M raised, whale invests heavily before potential price increase. The WienerAI presale is closing soon, with less than 48 hours remaining for investors to participate. The highlight was a whale who invested 114.15 ETH into the WienerAI presale, securing nearly 500 million $WAI. WienerAI’s AI-Enhanced Trading ChatbotWienerAI’s trading chatbot is powered by AI, functioning similarly to ChatGPT. With the WienerAI presale ending soon, now is the last chance to become an early investor in this transformative technology.

July 30, 2024 19:58 UTC

Photos by Daniela Sala for Foreign PolicyREDEYEF, Tunisia—In Tunisia’s Gafsa Valley, the desert takes on a different guise. In the late 19th century, the French military officer and geologist Philippe Thomas stumbled upon the Gafsa phosphate reserve, marking the beginning of a transformation in Tunisia’s southwest. “This black dust is everywhere,” said Abdelbaset Ben Hmida, a resident of the mining town of Redeyef. However, phosphate extraction comes with significant environmental costs: While fertilizers make Western fields green, phosphate mining dries up southern Tunisian soil. This blockade paradoxically has contributed to the air pollution in the sleepy mining town, as a massive open-air stock of phosphates has been sitting in the town’s center ever since.

July 30, 2024 19:22 UTC

L’Oréal said on Tuesday that second-quarter sales were up 5.3 per cent like-to-like at €10.88 billion, below consensus expectations of 6 per cent and down from the first quarter’s 9 per cent growth. By division, Dermatological Beauty (including Cerave and La Roche-Posay) led the charge, with sales up 10.8 per cent like-for-like, but missing consensus expectations of 17.4 per cent. Sales in North Asia, which includes China, were down 2.4 per cent cent like-for-like, a deceleration compared with the first quarter when sales in the region were down 1.1 per cent. The beauty market was negative in mainland China in the second quarter “on a tough comparison base, exacerbated by lasting low consumer confidence”, the company said. More from this author:Armani Group logs single-digit sales decline in H1Luxury’s 2024 outlook: Growth shrinks as Kering strugglesHermès bucks luxury slowdown with 13% growth in Q2

July 30, 2024 19:05 UTC

The startup, which has offices in Riyadh, Saudi Arabia; London, U.K.; and Boston, U.S. was founded back in 2021 but only launched its enterprise AI platform, EDIX, in March 2024. Yet even as the adoption of AI decision-making solutions takes off in business, there are plenty of challenges, as IBM has observed — including access to AI skills and expertise; data complexity; integration issues, high costs; lack of tools for AI model development; and ethical concerns. For regions such as MENA, uptake of automated decision-making has been slow, as most enterprise AI solutions are not customized to local needs, making them impractical for companies eyeing AI, argues Dr. Anas Alfaris, co-founder and CEO of Intelmatix. “[Rival AI enterprise] platforms are designed and trained on datasets from the U.S., and don’t digest data that includes the contexts of the MENA region. Intelmatix’s plan now is to shoot for greater scale by targeting large and medium businesses as well public entities in MENA.

July 30, 2024 17:35 UTC

Marvel is revisiting familiar territory in a bid to recapture its former glory, reuniting with franchise star Robert Downey Jr. and the Russo brothers, who directed Avengers: Infinity War and Avengers: Endgame, the studio’s most successful film. Variety indicates that Marvel is shelling out $80 million for Anthony and Joe Russo to direct Avengers: Doomsday and Avengers: Secret Wars. The Russos will also produce the films through their AGBO banner, a rare move for Marvel, which usually prefers in-house teams. Downey, whose portrayal of Tony Stark in Iron Man (2008) was pivotal to Marvel’s rise, enjoys a contract replete with perks. Their two Avengers films grossed a staggering $4.851 billion combined.

July 30, 2024 16:50 UTC





Enterprise-focused network operator BroadbandOne (BB1) expanded its infrastructure for mobile and IoT services as part of the release of a connectivity option for US businesses which includes a focus on rural areas. BB1 expanded infrastructure covering frequencies in the 28GHz band, local multipoint distribution service (LMDS) spectrum (which spans the 29GHz to 31GHz range) and 2.5GHz, along with CBRS and LoRaWAN for IoT use cases. The company stated it is “actively deploying” its network in 19 US states, “with a concentrated focus on tier-2, tier-3 and rural markets”. BB1 CEO Eric Watko said the service uses the “power of mmWave-licensed spectrum” through its telco-as-a-service model, providing businesses with “scalable and secure network” products. It stated its significant spectrum holdings are key to providing high-performing private 5G networks and roaming services, along with IoT connectivity.

July 30, 2024 16:49 UTC

France has expressed a clear-cut support for Morocco’s territorial integrity and sovereignty over the Sahara territory, while backing the autonomy plan as “the only basis” to find a lasting solution to the conflict. France will act according to this position in support of Morocco’s territorial integrity “domestically and at the international level,” President Macron said. “For France, autonomy under Moroccan sovereignty is the framework within which this issue (Sahara issue) must be resolved. France will support it in this process for the benefit of the local populations.”“It’s time to move forward. These should be the beginning of a renewed regional integration process, promoting cooperation, stability and prosperity in the Maghreb,” President Macron said.

July 30, 2024 16:25 UTC

North Korean leader Kim Jong Un is reportedly facing serious health issues due to obesity, with recent intelligence suggesting he weighs around 140 kilogrammes. File Image/ReutersRecent reports indicate that North Korean leader Kim Jong Un is facing significant health challenges due to his increasing weight. Both his father, Kim Jong Il, and grandfather, Kim Il Sung, died from heart-related issues. Kim Jong Un’s health is not just a personal concern; it carries significant political implications, especially since he has not officially designated a successor. Kim Jong Un’s weight gain, coupled with his family history and lifestyle, poses serious health risks.

July 30, 2024 15:56 UTC

Cairo – July 30, 2024: With the highest number of total winners, Egyptian startups and influential figures secured 11 wins at this year’s North African portion of the Global Startup Awards (GSA). These startups will compete at the regional level with African finalists to be crowned in October at the GSA Africa Summit in Addis Ababa, Ethiopia – GSA Africa’s host nation for 2024. A premier stage for startups, the GSA aims to showcase innovative solutions, helping starups attract investments and gain international visibility. Egypt’s Jadeed Climate Tech was named as Startup of the Year and Best Mobility & Logistics, followed by Neqabty as Best Newcomer. The GSA awarded PharmacyMarts as HealthTech Startup of the Year, AgriCash as Best AgriTech, and Ultrateb as Youth Startup of the Year.

July 30, 2024 15:49 UTC

South Africa’s Trade Minister Parks Tau has expressed confidence that his country will maintain preferential trade status with the U.S. Lawmakers have criticized South Africa for its relationship with Russia and its criticism of Israel in the Gaza conflict. Need to Step Up Engagement“I am confident that AGOA will continue and that South Africa will stay in AGOA,” Tau told media persons. In addition, U.S. trade officials said on Monday that they had positive discussions with the South African delegation. Joy Basu, U.S. State Department’s Deputy Assistant Secretary for African Affairs, said that South African partners have heard the concerns.

July 30, 2024 14:19 UTC

As an example, steam turbines will soon be assisting Sappi Saiccor to generate 45MW of its own electricity. Steam turbine technology. Steam turbines – FAQsWhat does a steam turbine do? Coupled with a generator, steam turbines convert steam energy in steam into rotary motion which is then converted into electricity. Steam turbines have a higher thermal efficiency than gas turbines.

July 30, 2024 13:18 UTC

Tunisian energy minister Fatima Thabet Chiboub chairs a meeting with senior executives from the foreign developers that signed the MoUs. Photo: Ministry of Industry, Mines and Energy, Tunisia

July 30, 2024 12:24 UTC

NewSpace Systems Announces Leadership Changes and Expansion | In In News | By By Mustapha IderawumiJames Barrington-Brown, NewSpace Systems Global Chairman. Source: NSSNewSpace Systems (NSS), a multinational manufacturer of spacecraft components and sub-systems, has announced significant leadership changes as part of its ongoing growth and expansion strategy. Tanya Lerm, NewSpace Systems CEO at the South African headquarters. Thus, interested candidates can explore open positions and join the team shaping the future of GNC products at NSS. About NewSpace SystemsNewSpace Systems (NSS) is a leading manufacturer of spacecraft components and subsystems, focusing on Guidance, Navigation, and Control (GNC) products.

July 30, 2024 12:13 UTC

AMSTERDAM – In the first half of 2024, Stellantis Pro One captured the top spot (vs. 2023) in Europe 30 (EU 30), South America and now the Middle East & Africa region. “Today’s results reflect the soundness of our commercial vehicles strategy,” said Xavier Peugeot, Stellantis Senior Vice President of Commercial Vehicles Business. 1 company in three regions, Stellantis Pro One and Stellantis’ brands recorded several other highlights in the first half of 2024, including:EU 30:Stellantis Pro One No. 1 in commercial vehicles with a 22.2% market share and with a 30.8% segment share in the van segmentFIAT No. 5 Ram; FIAT LCV brand leader with 39.7% market share; Ram Top 5 pickups with 7.3% market share led by RampageNorth America:Stellantis Pro One No.

July 30, 2024 12:03 UTC

Six intercontinental power links that want to reshape the world of energyThe next generation of interconnectors will be not just international but intercontinental, with huge implications for renewable energy

July 30, 2024 12:01 UTC