July 2025 - TrillionDollarClub

ThursdayJul 31, 2025 9:00 am

Key Considerations When Integrating Data Storage after a Merger and Acquisition

IT operations invariably encounter challenges after an M&A deal has been completed. Issues often relate around data reuse, security and privacy. While operations need to be integrated quickly, extreme care has to be exercised during data storage integration so that the shift is as smooth as possible. For starters, it is helpful to be clear on whether the merger and acquisition was undertaken in order to extend the scope of the business or scale that business. These two are different in terms of the challenges they present during data integration. For M&A deals geared at expanding the scope of the…

TuesdayJul 29, 2025 9:00 am

Insurance Giant Reveals Most of its American Customers’ Data Was Accessed During Cyberattack

Allianz Life has revealed that a recent cyberattack resulted in the data of the vast majority of its customers in the U.S. being compromised. This revelation was contained in the company’s filing to Maine’s attorney general. According to the company, the incident occurred on July 16 when malicious actors used social engineering to access a third-party CRM system that Allianz relies on. In the filing, the firm said the data accessed included the personally identifiable information of its customers, company employees and professionals in the financial industry. This particular data breach impacted only the U.S. operations of the company and…

FridayJul 25, 2025 9:00 am

Trump Unveils AI Plan That Hinges on Deregulation

On Wednesday, the White House published an AI Action Plan containing policy recommendations and initiatives that the administration says will cement the position of the U.S. as the AI global leader. The administration largely hopes to achieve its lofty AI goals by rolling back regulation for the industry. The package is widely regarded as favoring Silicon Valley. Under the plan, three major pillars are expected to work in tandem to make the U.S. the undisputed leader in the AI industry. One pillar is accelerating AI innovation within America, the second is ramping up the establishment of artificial intelligence infrastructure within…

ThursdayJul 24, 2025 9:00 am

More Teens Are Saying They Use AI for Friendship and Advice

More teens in the U.S. are admitting that they turn to artificial intelligence for friendship, advice, and to avoid having to think about different things. These admissions are in line with what experts are observing and the few studies that have been undertaken on the subject. 15-year old Kayla Chege, a high schooler in Kansas, is an example of those who revealed the different reasons for which they use AI tools. She says that she uses ChatGPT to get advice on a variety of issues, such as low-calorie food choices, make-up colors, birthday party ideas and back-to-school shopping. The teen…

TuesdayJul 22, 2025 9:00 am

Israel Comes Under Increasing Pressure as #GazaIsStarving Hashtag Dominates Social Media

A hashtag #GazaIsStarving has taken social media by storm around the world as many users post disturbing images and videos showing how Israel’s restrictions on aid reaching starving Palestinians have worsened the humanitarian crisis in the enclave. Yesterday (Sunday), X had at least 227,000 posts having that hashtag in Arabic a short while after the hashtag was trending the most on the platform that was formerly known as Twitter before it was acquired by Elon Musk and renamed X. Instagram has recently had more than 5,000 posts featuring that hashtag. Today’s wars aren’t only conducted on the battlefield. The internet…

FridayJul 18, 2025 9:00 am

China Moves to Address “Irrational Competition” as Price War Threatens Domestic EV Industry

As a fierce price war threatens the trajectory of the electric vehicle industry in China, officials are considering imposing strict policies to curb what they call “irrational competition” within the industry. The Chinese government has supported EV development by pouring billions of dollars into the industry over the past decade in order to enable local firms to develop new energy vehicles (NEVs) that can compete globally. This support has allowed many startups to sprout in the industry and develop a variety of low-cost EVs that are competing for dominance on the local market. However, the competition between those brands has…

ThursdayJul 17, 2025 9:00 am

Nvidia to Restart H20 Chip Sales to Chinese Firms

US tech giant Nvidia Corp. has revealed that it will soon restart selling its H20 AI chips in China. These chips are high-end and are critical to AI development. According to Nvidia, the American government gave the company assurance that the U.S. would provide the needed licenses to enable the firm to resume AI chip sales in the Asian country. This announcement marks a reversal from a ban that was imposed by the U.S. federal government restricting the tech firm from selling its H20 chips to companies in China. The ban was issued in April on concerns that the technology…

TuesdayJul 15, 2025 9:00 am

The EU is Concerned About Low-Value Goods Entering the Bloc Via Online Platforms

Over the years, shipments of small items entering the EU have increased significantly. These imports, whose value is less than €150 ($175) for each item, have increased from 1.4 billion items back in 2012 to 4.6 billion items in 2024. The European Parliament is concerned that these small items may be contravening established consumer safety and quality standards. The concerns of the Parliament come given the rise of Chinese ecommerce retailers like Shein and Temu that specialize in selling low-cost items, such as apparel. In 2024, at least 91% of the low-value items shipped into the EU originated from China,…

FridayJul 11, 2025 9:00 am

How Private AI Models Can Help Businesses to Strengthen Data Privacy

As more businesses consider integrating AI systems into their operations, there are growing concerns about risks to data privacy as sensitive business information is shared to these artificial intelligence tools. Common AI tools like ChatGPT require users to upload or share files in order for the large language model to perform the desired task, such as generating financial reports. When this data is uploaded to the cloud, the user cannot be sure how that data will be used or who else can access it. This raises serious data privacy and security questions. This is where private AI models come in.…

ThursdayJul 10, 2025 9:00 am

The Global Semiconductor Industry Risks Being Hampered by Looming Copper Shortage, PwC Report Says

According to a recently published report by PwC, one third of semiconductor production around the globe risks being compromised by copper supply shortages connected to climate change. As water shortages increase, many countries that produce copper, including Chile, will have difficulties producing the critical mineral that manufacturers depend on. Recently, there was a chip shortage resulting from supply chain disruptions triggered by factory closures when the Covid-19 pandemic nearly brought the global economy to a standstill. During that supply crunch, the auto industry and other sectors that depended on chips were severely impacted. Glen Burm, the project lead at PwC,…

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Month: July 2025