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Advisory firm co-founded by Peter Mandelson to close after Epstein scandalThe public affairs agency set up by former British ambassador to Washington Peter Mandelson is set to shut down after an outcry over Mandelson’s links with convicted sex offender Jeffrey Epstein. Staff at Global Counsel, the firm co-founded by Mandelson in 2010, were told in an all-hands meeting in London Thursday that the firm is being placed into administration, according to five...0 Comments 0 Shares 393 Views
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Australian EV conversion firm collapses, Ford blamedThe parent company of AUSEV has gone into receivership, and Ford’s revised global strategy has been given the blame.Established in 2012 in Queensland, BossCap is the owner of AUSEV, best known for importing electric Ford F-150 Lightning pickups and converting them to right-hand drive in Brendale, Queensland. The subsidiary claims Brisbane Airport and BHP among its customers.In a statement...0 Comments 0 Shares 236 Views
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Black Cube, leaked tapes and corruption: Israeli spy firm crashes Slovenia’s electionBlack Cube, leaked tapes and corruption: Israeli spy firm crashes Slovenia’s election Foreign interference looms over the vote after accusations that a private intelligence company meddled in the campaign. By ALI WALKER, SEBASTIAN STARCEVIC and ANTOANETA ROUSSIin Ljubljana Illustration by Natália Delgado/POLITICO...0 Comments 0 Shares 393 Views
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Blackstone backs Applecart in US$100 million round valuing firm at US$700 millionTHE WHAT? Marketing technology startup Applecart has raised US$100 million in a minority funding round led by Blackstone’s growth equity business. THE DETAILS The deal values Applecart at around US$700 million, according to sources. Founded in 2013, the company provides software used by senior executives to identify and engage influential business, media and policy stakeholders,...0 Comments 0 Shares 284 Views
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Chinese brands claim a quarter of Aussie auto market, but accounting firm says boom won’t lastChinese car brands are taking an ever-larger slice of the Australian new-vehicle market, but accounting firm BDO has warned the current pace of dealer expansion is unlikely to be sustainable.Presenting at today’s Australian Automotive Dealer Association (AADA) event, BDO automotive partner Sam Venn said Chinese automakers accounted for 24 per cent of the market over the first two months...0 Comments 0 Shares 387 Views
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Defective Ford F-150 Lightning EVs from collapsed conversion firm can now be fixed... at a costThe owners of 146 battery-powered Ford F-150 pickups produced by a failed Brisbane converter have been thrown a lifeline by a fellow Queensland company – but they’ll have to pay for a recall fix to prevent their fingers being burned, literally.Following the end of F-150 Lightning production in the US, local converter AUSEVwent into receivership on March 17, a week before it issued a...0 Comments 0 Shares 245 Views
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Electric Ford utes converted by defunct Aussie firm resurface at Eagers dealersFord F-150 Lightning electric pickup trucks converted to right-hand drive by Australian firm AUSEV, which went into receivership in March, are now available to purchase from Eagers-owned business, easyauto123.The dealer franchise says it has obtained a bulk order of F-150 Lightnings, which it’s selling under its ‘Factory Fresh’ program and backing with a three-year vehicle...0 Comments 0 Shares 240 Views
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EU vows ‘firm’ response to new Trump tariffs over GreenlandThe EU will discuss how to respond to a new wave of costly export barriers imposed on the bloc’s members by U.S. President Donald Trump, as the White House steps up its campaign to take control of Greenland from Denmark. Trump’s imposition of a 10 percent tariff on NATO allies that have opposed his move against Greenland — including France, Germany, Denmark, the...0 Comments 0 Shares 313 Views
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European Parliament ditches Google for French search firm over privacy concernsBRUSSELS — Move over, Google. Qwant is taking over as the European Parliament’s default search engine. Starting Thursday, the European Parliament will replace Google with the French search engine as the default search tool on in-house computers, according to an internal communication seen by POLITICO. As of Thursday June 4, “Qwant will replace Google as default search...0 Comments 0 Shares 268 Views
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Former Global Counsel staff say they were left out of pocket after firm’s collapseLONDON — U.K. staff at the collapsed lobbying firm co-founded by Peter Mandelson were not given a paid consultation period before they lost their jobs, the company’s administrators have confirmed to POLITICO. Former employees of Global Counsel say that they are each thousands of pounds out of pocket after their roles and salaries ended last month. Some former staff, granted...0 Comments 0 Shares 470 Views12
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French authorities probe Israeli firm’s alleged interference in local electionsPARIS — France’s interior minister vowed the country will take “legal action” after a government agency said it had uncovered evidence that an Israeli firm ran a disinformation campaign aimed at pro-Palestinian candidates during municipal elections in March. Anne-Sophie Dhiver, the deputy head of Viginum — France’s agency for fighting online...0 Comments 0 Shares 369 Views
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Germany’s spy agency picks French AI firm over PalantirBERLIN — Germany’s domestic intelligence agency has picked a French AI firm over the U.S. security giant Palantir, in a push to make Europe less reliant on American tech, according to German media reports. The Federal Office for the Protection of the Constitution, known as the BfV, plans to use ChapsVision’s ArgonOS software to sift through structured and...0 Comments 0 Shares 231 Views
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Integrácia AI vo firmách: Ako dosiahnuť merateľné výsledkyOtázka dnes nie je, či vaša firma bude musieť začať pracovať s umelou inteligenciou. Otázka je, kedy a ako. Na Slovensku sa podľa posledných údajov pohybujeme na 22 percentách adopcie AI za Českom, Poľskom aj Maďarskom. A väčšina toho, čo slovenské firmy dnes nasadzujú, nie sú integrované riešenia....0 Comments 0 Shares 200 Views
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Israeli missile firm to buy Volkswagen factory - reportRafael Advanced Defence Systems, the company behind Israel’s Iron Dome missile system, will reportedly buy the Volkswagen plant in Osnabrück.According to sources who spoke anonymously to Reuters, Rafael has signed a letter of intent regarding the purchase. Both companies have refused to comment on the matter, but at Volkswagen’s most recent earnings call on April 30 CEO Oliver...0 Comments 0 Shares 236 Views
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OkCupid Gave 3M Users’ Photos to AI Firm, FTC SaysIf you're tired of censorship and dystopian threats against civil liberties, subscribe to Reclaim The Net. Nearly three million people uploaded photos to OkCupid expecting those images would stay on a dating app. Instead, the photos ended up training facial recognition software, handed over by the company’s own founders to an AI firm they’d personally invested in. Match Group...0 Comments 0 Shares 182 Views
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Príležitosť pre podnikateľov: SZRB prináša úvery, ktoré môžu firmám pomôcť investovať do rastuNie každá firma však vie získať komerčný úver za podmienok, ktoré jej umožnia bezpečne investovať. Práve na túto potrebu reaguje Slovenská záručná a rozvojová banka (SZRB), ktorá prichádza s finančnými nástrojmi zameranými na podporu rastu, modernizácie...0 Comments 0 Shares 70 Views
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Russian Owners Agree to Sell Stake in Sanctioned Serbian Oil FirmSerbia’s energy minister said on Monday that the Russian majority owners of the country’s largest oil company, which is under U.S. sanctions, have agreed in principle to sell their stake to Hungarian energy group MOL. The move is aimed at preventing another sanctions-related shutdown of Serbia’s only oil refinery. Energy Minister Dubravka Đedović Handanović said that MOL...0 Comments 0 Shares 327 Views
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South Korean Private Equity Firm Moves to Acquire French Cosmetics Manufacturer COSBELLETHE WHAT? South Korean private equity firm PTA Partners has signed a memorandum of understanding (MOU) to acquire a 70% controlling stake in French premium cosmetics manufacturer COSBELLE, marking the first acquisition of a French cosmetics producer by a South Korean investment fund. THE DETAILS PTA Partners, a Seoul-based mid-market private equity firm, is pursuing the acquisition of...0 Comments 0 Shares 146 Views
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Travel Booking Giant to Buy Biometrics Firm for €1.2 Billion, Linking Face Scans Across JourneysIf you're tired of censorship and dystopian threats against civil liberties, subscribe to Reclaim The Net. The world’s largest travel booking system wants your biometric data to follow you from the moment you search a flight to the moment you check out of a hotel. Amadeus, which already sits behind a huge share of airline reservations and hotel bookings, has announced plans to acquire...0 Comments 0 Shares 336 Views
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UK must decide future of deal with firm linked to Russia’s gasLONDON — Keir Starmer’s government has a crunch decision to make: Whether to keep heating much of the British state via a firm linked to Russian fossil fuels. Under an existing public sector deal, TotalEnergies Gas & Power — a U.K. subsidiary of French energy giant TotalEnergies — supplies the gas used to...0 Comments 0 Shares 285 Views
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Zmena na trhu expresných zásielok: Nová regulácia platná od leta 2026 môže slovenským firmám predražiť dopravu o desiatky percentPán Štefánik, logistický sektor stojí pred implementáciou prísnejšej regulácie tachografov pre ľahké úžitkové vozidlá. Prečo vnímate túto zmenu ako kritický moment pre slovenské firmy práve teraz? Z našich analýz vyplýva, že trh si zatiaľ dostatočne...0 Comments 0 Shares 332 Views