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Ford Motor recently reinstated its 2023 guidance after withdrawing it the previous month due to labor strikes and negotiations with the United Auto Workers (UAW) union. The updated guidance includes adjusted earnings before interest and taxes (EBIT) of $10 billion to $10.5 billion and adjusted free cash flow of $5 billion to $5.5 billion. This
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Over the past two decades, the world order has relied heavily on the United States-led institutions, the growing influence of China, and Europe’s economic ties with various nations. However, the absence of a prominent European leader since Angela Merkel’s retirement in 2021 has created a significant void felt across all regions. Europe’s position has been
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The book controversy surrounding author Omid Scobie’s latest release, “Endgame,” has caused quite a stir in recent days. Dutch copies of the book were pulled from circulation after allegedly naming two members of the royal family who raised concerns about the skin color of Prince Harry and Meghan Markle’s son, Archie. In this critical analysis,
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Artificial intelligence (AI) reached new heights on 30 November 2022 with the launch of ChatGPT. This marked a breakthrough year for AI, capturing the attention of millions worldwide. ChatGPT quickly went viral, garnering significant social media engagement and amassing an astonishing 13 million unique daily users by January. OpenAI, the creator of ChatGPT, experienced unexpected
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Microsoft’s involvement with OpenAI has taken a new turn as the company announced that it will secure a non-voting board seat at the startup. This move comes after a turbulent month for OpenAI, which saw the firing and re-hiring of CEO Sam Altman. Microsoft’s investment of $13 billion into OpenAI has made its involvement in
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