[ad_1] As milestones go, being at the forefront of a country’s banking sector for 50 years, and driving economic growth and championing customer-centric innovation, is something to celebrate. “From our early days to becoming Egypt’s leading private sector bank and the preferred financial partner for over 500 of the nation’s …
Read More »TimeLine Layout
August, 2025
-
10 August
Former Googlers’ AI startup OpenArt now creates ‘brain rot’ videos in just one click
[ad_1] AI-generated “brain rot” videos are popping up all over the internet and getting a lot of attention. Currently gaining traction among younger users, these clips feature wild characters, like a shark wearing sneakers and a ballerina with a cappuccino for a head. One startup driving this trend is OpenArt, …
Read More » -
10 August
Will Reshoring Survive Trump’s Shifting Tariff Policy?
[ad_1] Can companies realistically pivot their manufacturing based on policy winds, or is this strategy more complicated than policymakers suggest? As trade tensions escalate under US President Donald Trump, the reshoring narrative is becoming more complicated. While companies across virtually all industries once embraced the idea of bringing manufacturing closer …
Read More » -
10 August
RIP, Microsoft Lens, a simple little app that’s getting replaced by AI
[ad_1] Sometimes it’s nice to have a simple app that does one thing well without a lot of fuss. Microsoft Lens was that type of app: a mobile document scanner that turned paper documents, business cards, receipts, and anything else into easily readable digital files. Now that app is being …
Read More » -
10 August
Giovanni Ferrero Scoops Up WK Kellogg
[ad_1] Breakfast is the most important meal of the day, and Giovanni Ferrero knows it. Scion and executive chairman of Ferrero Group, the company behind favorites like Nutella, Kinder, and Ferrero Rocher, Ferrero announced plans in July to acquire WK Kellogg, maker of Frosted Flakes and Froot Loops, in a …
Read More » -
10 August
Sam Altman addresses ‘bumpy’ GPT-5 rollout, bringing 4o back, and the ‘chart crime’
[ad_1] During a Reddit ask-me-anything session on Friday, OpenAI CEO Sam Altman and key members of the GPT-5 team were peppered with questions about the new model and requests to bring back its previous model, GPT-4o. They also asked Altman about the most embarrassing — and perhaps funniest — snafu …
Read More » -
10 August
Japan: Prime Minister’s Waning Power Jolts Stability
[ad_1] Prime Minister Shigeru Ishiba’s grip on power weakened further after his Liberal Democratic Party (LDP) and coalition partner Komeito lost their majority in Japan’s upper house elections on July 20. The vote marks a historic shift: For the first time since 1955, the LDP does not control either house …
Read More » -
10 August
Impersonators are targeting companies with fake TechCrunch outreach
[ad_1] Hi, thanks as always for reading TechCrunch. We want to talk with you quickly about something important. We’ve discovered that scammers are impersonating TechCrunch reporters and event leads and reaching out to companies, pretending to be our staff when they absolutely are not. These bad actors are using our …
Read More » -
10 August
Seven & i Acquisition Falls Through
[ad_1] The proposed $47 billion acquisition of Japan’s Seven & i Holdings by Canada’s Alimentation Couche-Tard (ACT) would have been the largest foreign takeover in Japanese history. Instead, after nearly a year of overtures, negotiations, and political maneuvering, ACT withdrew its offer in mid-July, citing a persistent lack of engagement …
Read More » -
10 August
Christopher Hodge, Natixis: Inside The Economic Crosswinds
[ad_1] Christopher Hodge, chief US economist at investment bank Natixis, shares his thoughts regarding the forces shaping the US economy. With a career spanning the Federal Reserve Bank of New York, the US Department of the Treasury, and hedge funds, he offers a rare public and private perspective on today’s …
Read More »