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Food fraud siphons up to $50 billion from the global food industry every year and endangers public health. When deployed rigorously and realistically, blockchain could prevent this shadowy crime.The problem? It comes with a high price tag. Scalability, cost, interoperability and integration pose significant barriers. Not to mention the privacy concerns, regulatory uncertainty and long path to stakeholder adoption.But food fraud isn’t going anywhere. As David Carvalho, CEO of Naoris Protocol, observed: “Most people would be surprised to hear that food fraud is an issue, but it’s a major one, costing the global food industry between $30 billion and $50 billion…
Europe markets rise as EU trade chief says U.S. talks ‘advancing in the right direction’European stock markets rose as the EU trade chief said talks with the U.S. were ‘advancing in the right direction’.The pan-European Stoxx Europe 600 index provisionally closed higher by 0.5%. Other major indexes were also in the black. The U.K.’s FTSE 100 rose 0.2%, Germany’s DAX was up 0.7%, and France’s CAC 40 gained 0.5%.— Ganesh RaoU.S. private sector hiring rose by lowest rate in more than two years in May, ADP saysPrivate sector job creation slowed to a near-standstill in May, hitting its lowest level…
In 2023, co-founders Karim Jouini and Jihed Othmani sold their expense management startup Expensya to Swedish procurement software firm Medius in what is widely considered to be one of the largest acquisitions of an African startup. Some sources say the sum was just over $120 million, although deal terms were not disclosed. Success achieved, both founders swore off entrepreneurship, never intending to do another startup again and Jouini became a CTO role in the merged software company, with other acquisitions spanning three continents. But the pull of a new technological wave – generative AI – and the thought that they…
Every expedition in Elden Ring Nightreign is different from the last, no matter how many things you keep the same about your party, characters, and relics. While it’s not clear at first, Nightreign keeps a record of all your expeditions, and you can go back to see all sorts of details from any run. If you end up randomly matchmaking with other players, it can be a roll of the dice for how good your party members are. If you happen to have a great party member but forget to add them after the expedition, you can use your expedition…
Meta has inked a deal to keep an Illinois nuclear power plant running for the next 20 years so it can power its artificial intelligence and data center ambitions.The deal sees the tech giant purchasing 1.1 gigawatts of power from nuclear power provider Constellation from its Clinton Clean Energy Center in southern Illinois starting in 2027, Meta said on June 3.“As we look toward our future energy needs in advancing AI, we recognize the immense value of nuclear power in providing reliable, firm electricity,” Meta added.Meta, like other tech giants, is heavily leaning into AI amid the continuing hype around…
Windsurf, the popular vibe coding startup that’s reportedly being acquired by OpenAI, said Anthropic significantly reduced its first-party access to its Claude 3.7 Sonnet and Claude 3.5 Sonnet AI models. Windsurf CEO Varun Mohan said in a post on X that Anthropic gave Windsurf little notice for this change, and the startup now has to find other third-party compute providers to run several of Anthropic’s most popular AI models on its platform. “We have been very clear to Anthropic that this is not our desire – we wanted to pay them for the full capacity,” said Mohan on X. “We…
CNN — Since last sitting down with Ukraine to talk peace, Russia has launched four of its five largest drone attacks against the country, killed more than 340 of its civilians and continued to peddle its false narrative about the unprovoked war it has been waging for more than a decade. Now, Moscow wants to talk. Again. Russian Foreign Minister Sergey Lavrov said the next round of talks between Russia and Ukraine would take place in Turkey on Monday. On Sunday, Kyiv confirmed that it would be sending a delegation to the meeting, as Russian state media reported that a…
While CNBC’s Jim Cramer on Tuesday affirmed his confidence in Salesforce’s business and management, he detailed what’s been weighing on the stock — namely worries that the cloud software outfit’s agentic artificial intelligence isn’t growing fast enough and skepticism about its costly new acquisition.”This is a moment where you need to have some faith in management,” Cramer said. “I have faith, but you need to decide for yourself if you’re willing to trust Marc Benioff and his team, because, ultimately, that’s all this comes down to, and for many I know, that’s just not enough.”Last week, Salesforce reported a solid…
In earlier expansions for World of Warcraft, there was a lot of downtime between major patches. In some cases, there was nothing new to do in the game for over a year. To prevent that sort of situation from happening anymore, Blizzard now releases smaller patches more frequently with side content that helps keep players busy. In addition to the Revisited Horrific Visions of Stormwind and Orgrimmar, there is a limited-time event called Dastardly Duos. In this activity, you get to fight against old dungeon bosses and try to get the best possible score for bragging rights. There are even…
A film that will portray the chaotic time at OpenAI, when co-founder and CEO Sam Altman was both fired and rehired within a span of just five days, is reportedly in the works. According to The Hollywood Reporter, the movie is titled “Artificial,” and it’s in development at Amazon MGM Studios. While details aren’t finalized, sources told THR that Luca Guadagnino, known for “Call Me By Your Name” and “Challengers,” is in talks to direct. The studio is considering Andrew Garfield to portray Altman, Monica Barbaro (“A Complete Unknown) as former CTO Mira Murati, and Yura Borisov (“Anora”) for the…