As we step into 2025, the fashion industry is mourning the loss of one of its distinctive voices. The luxury label Y/Project has announced its immediate closure, bringing an end to a remarkable journey that spanned 14 years. The news, shared on the brand’s official Instagram account, was met with a wave of gratitude and…

The global luxury market, once a bastion of unassailable growth, now finds itself at a significant crossroads. According to the newly released report by Business of Fashion and McKinsey & Co., titled “The State of Luxury 2025,” the sector is experiencing a notable slowdown, prompting luxury brands to reassess their strategies amidst shifting consumer dynamics…

On Monday, Nvidia, a leading force in AI development, set the stage for transformative changes in healthcare at this year’s J.P. Morgan Healthcare Conference in San Francisco. With a series of announcements geared towards scaling AI models, Nvidia is forging powerful collaborations that aim to redefine the intersection of technology and medicine. Among the highlights…

In an era marked by rapid advancements in biotechnology and pharmaceuticals, major players in the industry are consistently seeking ways to expand their portfolios and enhance their competitive edge. Recent moves by Johnson & Johnson (J&J) and GlaxoSmithKline (GSK) exemplify this trend, as both companies have made significant acquisitions, buoyed by promising drug candidates that…

The year 2024 has marked a noteworthy period for U.S. digital health startups, as reported by Rock Health, which indicates a total of $10.1 billion in venture funding across 497 deals. While this figure demonstrates a robust commitment to digital health innovation, it also reveals a slight decline from 2023’s total of $10.8 billion raised…

In recent weeks, the intersection of technology and finance has been marked by significant developments, with major corporations facing critical decisions that could reshape their futures. From TikTok’s potential sale to Elon Musk’s X (formerly Twitter) to the burgeoning ambitions of JPMorgan Chase in Europe, these stories highlight the complexities and uncertainties within both sectors….

A noteworthy incident unfolded at JPMorgan Chase, where employee unrest over the return-to-office mandate prompted management to disable comments on an article discussing the backlash. Employees expressed a range of concerns, particularly regarding the increased commuting costs, child-care challenges, and the overall impact on work-life balance. The discourse raised questions about the future of workplace…

As investors set their sights on 2025 as a pivotal year for healthcare AI fundraising, recent developments indicate that this forecast is already taking shape. On Thursday, Innovaccer, a San Francisco-based healthcare AI developer, announced the successful closure of a substantial $275 million Series F funding round. This impressive investment saw participation from notable organizations,…

Fixed deposits (FDs) have emerged as a go-to financial tool for many, particularly for risk-averse investors seeking stability. Offering assured returns and minimal risk to capital, fixed deposits promise a secure avenue for wealth growth. However, while they may seem like a foolproof investment option, it’s essential to be aware of the potential risks associated…