Author: i2wtc

Where should the hospitality industry direct its technology investments? Cloud computing? Artificial intelligence? Retiring legacy technology? What are the priorities? Is enough investment being made? A recent Amadeus survey on technology investment trends in the hospitality industry revealed that 70% of IT decision makers plan to make a “medium” investment in technology in the next year, while 24% plan to make a “significant” investment. The rapid pace of change, coupled with the many existing technological challenges facing the industry, makes for some interesting discussions at industry events.At Mews Unfold held in Amsterdam last week, several issues and challenges were discussed,…

OntexJune 3, 2024, Aalst, Belgium – Ontex Group NV [EURONEXT: ONTEX]Ontex, a leading international developer and manufacturer of care products and solutions, has announced that it has completed the sale of its Pakistan operations to ASAIA Holding FZ. The transaction includes Ontex’s factories and operations in Pakistan.Ontex CEO Gustavo Calvo Paz said:I “We are pleased to have completed this sale and strengthened our focus on our core retail brands and the healthcare market. I would like to thank our team in Pakistan for their contributions to our business and wish them all the best as they embark on this new…

China’s top intelligence agency has Espionage The case of a Chinese couple who, while working for the government, passed information to the British Secret Intelligence Service (MI6).This is China’s Ministry of State Security (MSS) The first incident involved MI6, and came amid a national movement against espionage in the country.Besides the US Central Intelligence Agency (CIA), the only other spy agency the MSS has publicly named is MI6 – otherwise the description used was simply “some country” or “a foreign spy agency”. 05:29China executed scientists for espionage in 2016, documentary reveals 10 ‘shocking’ casesChina executed scientists for espionage in 2016,…

India Lok Sabha elections live coverage: Clashes broke out between supporters of the Trinamool Congress (TMC), Indian Secular Front (ISF) and the Bharatiya Janata Party (BJP) across India during the seventh and final phase of the Lok Sabha elections on June 1. (PTI)Live updates on 2024 Lok Sabha elections: Welcome to our live blog! The lengthy process of India’s 18th Lok Sabha elections concluded on Saturday. The seventh phase of voting across seven states and the union territory of Chandigarh took place in 57 constituencies, including the high-profile Varanasi constituency in Uttar Pradesh, where Prime Minister Narendra Modi is seeking…

This article is an onsite edition of the FirstFT newsletter. Subscribers can sign up for the Asia, Europe/Africa or Americas edition to receive the newsletter every weekday morning. See all newsletters here.Good morning. We start the week with exclusive news about Russia’s stalled attempts to conclude a major gas pipeline deal with China.Moscow’s efforts have stalled over what it considers to be unreasonable Chinese demands on price and supply levels, according to three people familiar with the matter. China wants to be paid closer to Russia’s heavily subsidized domestic prices and has pledged to buy only a tiny fraction of…

As the night went on, Mexico City’s main square, the Zócalo, gradually filled up with Scheinbaum’s supporters. By nightfall, crowds had yet to gather in Mexico City’s main square, the Zocalo.In the square The leading candidate, Claudia Scheinbaum, The crowd that had gathered to celebrate her victory was pumped by music blaring from the speakers rather than the hum of the crowd that had yet to arrive. Mexicans gathered in the plaza late into the night to celebrate. The ultimate victory of her political leader, the president Andres Manuel Lopez Obrador.Throughout the campaign, Scheinbaum He failed to generate the same…

CNN — The political spotlight in a presidential election engulfed in unprecedented legal drama will shift this week from the criminal trial of a former president to that of the sitting president’s son, as the race enters a fierce new phase. Four days after presumptive Republican nominee Donald Trump was convicted of 34 counts in a hush-money trial in New York, President Joe Biden’s son Hunter is facing federal firearms charges in Wilmington, Delaware. The trial is sure to be a moment of intense personal anguish for the president, and comes as he seeks a political breakthrough after weeks of…

Credit: Yurii Kibalnik/Adobe Stock A federal judge in Newark, New Jersey, has ruled that the COVID-19 pandemic is a single event for purposes of determining payouts to policyholders under infectious disease business income insurance coverage. U.S. District Judge Jamel Semper rejected arguments by the Count Basie Theatre, a nonprofit in Red Bank, New Jersey (the policyholder), that a series of executive orders by New Jersey Governor Phil Murphy closing entertainment venues during the pandemic each counted as a separate event and covered Zurich American Insurance Co.’s $100,000-per-event award. The judge also rejected the theater’s argument that it was entitled to…

Trend Micro announced on Sunday that it is collaborating with AI chip giant Nvidia to develop new artificial intelligence-powered cybersecurity tools to protect AI data centers. Trend Micro plans to unveil the tools on Sunday at its Computex conference in Taiwan. The tools are designed to help ensure that only those authorized to access data can see it and to detect intrusions. The tools are designed to run on Nvidia chips. Many businesses are training AI systems to assist employees with HR and customer service-related tasks. But to make this happen, they often consolidate data from different departments within the…

The offseason was a time of transition for the Virginia Tech women’s basketball team, with three-time ACC Player of the Year Liz Kitley using up her eligibility to play in the WNBA, Kenny Brooks taking the head coaching job at Kentucky, All-American point guard Georgia Amoore and junior cornerback Clara Strzok both transferring to Kentucky, and Kayla King and Olivia Samiel finishing their collegiate careers. The Hokies then hired Marquette University head coach Megan Duffy to replace Brooks and lead the team into a new era, looking to build on Brooks’ winning foundation. Since then, Duffy has mainly inherited a…