Day: January 26, 2023

SAP’s revenue rose 11% in 2022 with the cloud component of that climbing 33%, but net income dropped 68%, prompting restructuring and layoffs in its CRM activities. The company is also exploring selling its majority stake in Qualtrics, the experience management platform it bought for $8 billion in 2018, to refocus on its core business. SAP already sold a minority stake in Qualtrics in an IPO in early 2021 and CEO Christian Klein said he expected to continue to partner with Qualtrics going forward, but the sale would allow SAP to reinvest in other areas of its business. The layoffs — affecting … Read More “SAP plans layoffs and selloff with cloud revenue up but profit down”

By Courtesy of Liger Mobility While a two-wheeler is naturally stable at high speeds, it is less so at low speeds or when stationary. Equipped with new technology that allows them to remain balanced in any situation, a new range of electric scooters seemingly defy the laws of physics. While a two-wheeler is naturally stable at high speeds, it is less so at low speeds or when stationary. Equipped with new technology that allows them to remain balanced in any situation, a new range of electric scooters seemingly defy the laws of physics. Indian manufacturer Liger Mobility is behind this innovati… Read More “How artificial intelligence can help keep your scooter stable”

By Danni Button Good luck getting this one out of your head. A good, catchy jingle can cement a product in the public’s mind spanning across generations. That means they’re more likely to hum the “I’m Lovin’ It” McDonald’s (MCD) – Get Free Report tune as they pull into the drive-thru or take the family out for some of Brinker International’s (EAT) – Get Free Report restaurant Chili’s “baby back, baby back, baby back…” You know the rest. The first advertising jingle to go “viral” was in 1926, when General Mills (GIS) – Get Free Report brand cereal Wheaties broadcast an ad with a catchy song, an… Read More “Burger King’s Whopper Is Going Viral For Entertaining Reasons”

By Rami Amichay BEIT SHEMESH, Israel (Reuters) – Ehudith Bracha Serchook narrowly escaped death when her family fled Nazi-allied forces storming the Crimean city of Odesa in 1941, saved only by a lost sandal which made her miss her place on a passenger ship shortly before it was bombed. A lifetime later, 86-year-old Serchook is retelling her story via an artificial intelligence (AI) service generating images that will leave an enduring record of her trauma for future generations. Serchook is one of 19 Israelis who have so far used AI to record their memories of the Holocaust, in which 6 millio… Read More “Holocaust survivors use AI imagery to keep stories alive”

QUESTION: For starters, what is your take on 2022 in terms of business and leadership trends? ANSWER: 2022 has been a year mixed with both great positive growth, prospects and optimism in the business community following the full opening up of the economy in January after the Covid-19 restrictions. The positives notwithstanding, we are at the tail-end of a year that was filled with enormous ongoing global challenges like climate change, the rise in fuel prices and inflation which led to an increase in the cost of doing business. There were other challenges like the rising debt burden, the Russ… Read More “StanChart’s Rughani opens up on business trends to watch in 2023”

By Tilman Blasshofer LUDWIGSBURG, Germany (Reuters) – Germany’s top Nazi hunter, Thomas Will, is hopeful of securing further convictions over the Holocaust even as the remaining suspects, many now in their late 90s, die. Will told Reuters that he has handed over five cases to local prosecutors in Germany that he believes still have a chance of going to trial. “Murder is not subject to a statute of limitations. So as long as perpetrators are still alive, we will pursue the cases,” he said from his office outside Stuttgart in southwestern Germany. Will heads Germany’s Central Office of State Jud… Read More “Race against the clock for Germany’s top Nazi hunter”

By peepo / Getty Images Artificial intelligence is increasingly carving out a place for itself in the visual arts. Software is now able to generate images from a simple sentence or a series of prompts. The results are striking, but the use of such programs raises many questions about the future of creation and creativity. We look at the phenomenon in our latest After Calendar, our trend book for 2023. Artificial intelligence is increasingly carving out a place for itself in the visual arts. Software is now able to generate images from a simple sentence or a series of prompts. The results are s… Read More “The After Calendar: When AI takes on the role of artist”