June 10, 2023
London CNN — When Africa needs medicine, too often the continent has to look abroad. African countries consume about 25% of the world’s vaccines, but import almost 99% of their stocks. according to the African Union Development Agency. For packaged medicines, only 36% of demand is produced locally, and only 3% comes from regional trade,
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China must play a key role in shaping artificial intelligence barriers needed to secure transformative new systems, Open AI CEO Inc. Sam Altman said. “With the advent of increasingly powerful AI systems, the stakes for global collaboration are higher than ever,” Altman, whose company sparked an AI frenzy in China by launching ChatGPT last year,
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Open AI CEO Sam Altman is set to meet with South Korean President Yoon Suk-yeol and about 100 local startups on Friday as the country seeks to encourage domestic AI competitiveness. After traveling across Europe last month, meeting with lawmakers and national leaders to discuss the prospects and threats of artificial intelligence, Altman has traveled
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DFNN Inc., a technology provider to the gaming industry, announced the appointment of Ricardo F. Banaag as its new President and CEO. Banag, the company’s former chief operating officer, replaces Calvin Lim, who became the company’s chief operating officer. Their appointments took effect on June 2. “I am honored to have the opportunity to put
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Advertising spending on the Indian Premier League (IPL) on television and digital fell by a fifth from last year, Viacom18 Sports chief executive said. Anil Jayaraj ET said. “Generally, IPL ad spend fell 20% year-over-year because some categories such as betting, cryptocurrency, educational technology, etc. were completely absent, and IPL TV viewership plummeted last year.”
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Hyperlocal e-commerce firm magic pin plans to open 20,000 fashion stores on its platform by December this year, a senior company official said. The company claims to have added over 150 fashion brands and 10,000 fashion stores in the last 12 months. Fashion as a category currently accounts for 25 percent of the company’s total
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infosys Executive Director Salil Parekhremuneration fell 21% to Rs 56.4 crore in fiscal year 2022-23, according to the second-largest Indian software exporter’s annual report released on Friday. The difference was due to fewer share options being exercised compared to the previous year. Parekh’s compensation included share options of Rs 30.6 crore as he exercised 1,24,783
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(This story originally appeared in June 02, 2023) There has been buzz around the government-backed open digital commerce network (ONDC), which is waging a price war against Zomato And Swiggy. ONDC, which spent several crores of rupees on discountsbelieves the network cannot scale with unemployment benefits and they will be phased out in a few
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Tata Consulting Services‘ new boss Ying Kritivas, in his first letter to employees after taking the position, spoke briefly about the future rates of the company, and also talked about his positive experience in 34 years with the company. ET reviewed the copy of the email. “As we enter the next phase tkswe will continue
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Boston University President Robert Brown issued a statement Wednesday condemning the alumni. whistle and scream at Warner Bros. Discovery CEO David Zaslav during the opening ceremony. Zaslav, a Boston University alumnus, was asked to give the commencement speech ahead of the 2023 graduation on May 21, causing controversy among students as well as members of
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