The inflation crisis has gripped the economy of 2022 for many reasons, including geo-political reasons. But recent studies by International Monetary Fund (IMF) predict the recession is a slowdown. Although the outlook is not that rosy since significant headwinds await ahead.

Reports by the IMF note that global growth is expected to drop from estimated 3.4 percent in 2022 to 2.9 percent in 2023 and again rise to 3.1 percent in 2024. In 2023, the progress in October is estimated to be 2.7 percent as IMF no longer sees a global downturn, with fewer countries facing recession in 2023.

The research by IMF also anticipates global inflation to come down to 6.6 and 4.3 percent in 2023 and 2024, respectively. It is lower than the 8.8 percent…

The rapidly growing power of AI is the need of the hour. The reports show companies like tech giant Tencent and search engine provider Baidu. The companies mentioned above are ahead of U.S. firm IBM, South Korea's Samsung, former AI patent leader Microsoft and Chinese insurance provider Ping An.

Recently, Microsoft has seen significant AI investments coming into reality fruitfully, as the conversational AI bot ChatGPT by Microsoft has been making waves, as the reports say. Holding more than 9,000 active patent families each, Tencent and Baidu became the most prominent AI and machine learning owners in 2021.

According to data, the global AI market was valued at $59.7 billion in 2021 and is expected to reach $422.4 billion by 2028. In 2023,…

Tesla is one of the biggest automotive industries in the world. Despite the sales problem in the China markets, Tesla doubled its earnings in comparison to 2022. In 2023, Tesla has been selling tons of cars in the first quarter, unlike in the Q1 of past years. It has continued to grow strongly over the globe.

With the rapidly growing capacity, new products will launch in 2023. According to reports, the stored energy growth will kick in quickly and be the company's game-changer. Again, due to short-term price cuts, Tesla will harm the auto's efforts to get the taste of the EV pie.

The company's auto demands have grown at a tremendously rapid rate. As per the data, the increased production facilities will come in North America in 2023 and…

Renewable energy is expected to maintain progress and achieve desired results in 2023 along with technology upgradation and cash flow. The major driving factor for growth will be the government’s support with futuristic measures.

According to reports, the future of renewables looks brighter and more attractive. The Russian- Ukraine war has been an eye opening for countries especially Europe, to value renewable energy’s benefits.

As per the data, renewables may account for 38 percent of global electricity in comparison to 30 percent from coal by 2027. Almost 33 percent of global electricity will come from renewables by 2024. The sustainability of renewables is more, and in 2023, it will make good sense in business.

Based on research and…

2023 is seeing major tech layoffs in some of the world's biggest tech companies. Microsoft, Alphabet, Amazon, and Salesforce are the companies ahead in this layoff in 2023. Among these, Microsoft and alphabet are the latest companies to announce significant job cuts, per the reports.

Big companies like Microsoft, Amazon, etc., and smaller tech firms face declining revenue. This decline is happening since these companies hired binge during the pandemic when lockdowns forced remote work and were suitable for e-commerce.

Digital healthcare is a broad discipline, an amalgamation of technology and healthcare. It deals with the healthcare field. The concerned area provides digital information that incorporates hardware, software, and services. It includes mobile health apps, electronic medical reports, electronic health records, wearable devices, telemedicine, and telehealth.

Technology is crucial in everything from doorstep delivery to healthcare services. Digital healthcare technology has even pervaded many telehealth services like wearable watches to various healthcare companies in recent years.

Thus, investment in the digital healthcare industry has risen in the past decade because consumers saw technology as an essential aspect of optimizing things in…

Smoking is an enemy of health still popular among the masses. Smoking is addictive and kills, but it is challenging when it comes to quitting it.

According to reports, tobacco kills more than 8 million people annually, including smokers and partial smokers who inhale the smoke indirectly. Tobacco is also the leading cause of disability and death in the United States.

Cloudflare will launch its own eSIM card alternative, claiming to be the world's first "Zero Trust" SIM card. This new functionality may assist businesses in defending against mobile-based cyber threats. The new Cloudflare SIM follows the zero-trust security model, which stipulates a "never trust, always verify" approach in which devices are never automatically trusted, even if they have been verified or are already connected to a gated corporate network. It's not surprising that there's interest in such technology; mobile devices remain an extremely popular endpoint for hackers attempting to gain access to corporate networks; and in 2022, cybersecurity firm Zimperium examined over 500,000 phishing sites and discovered that the number of…

Farming is one of the oldest businesses on which livelihood depends. With time, the methods and approaches to agriculture have also changed. Agricultural production is changing drastically with advancing technology and new farming methods.

According to reports, the global crop production market will be USD 5,813.66 billion in 2023 at a CAGR of 10.3 percent, which rose from USD 5,271.98 billion as compared to its value in  2022. Further, the crop production market is supposed to grow to USD 8,483.55 billion by 2027 at a CAGR of 9.9 percent.

The World Grain reveals that the total estimated grain crop in the EU-27 and the UK would increase to 304.4 million tonnes in 2023, as forecasted by COCERAL. The demand for fresh fruits and vegetables…

The AI Collaborative brings together executives from Leading Health Systems in an experience community focused on the responsible, efficient, and future-oriented deployment of artificial intelligence and machine learning.

The rise of artificial intelligence (AI) and machine learning (ML) in healthcare indicates that these technologies will increasingly enhance clinical decision-making, workforce support and planning, patient experience, and overall business strategy. The Health Management Academy (The Academy) has collaborated with Nuance, a Microsoft company, to launch The AI Collaborative, which brings together senior leaders from the nation's Leading Health Systems (LHS) who are deploying these technologies in clinical and operational…

In September 2022, the LoRa® devices from Semtech and the LoRaWAN® standard will have been integrated into the Intent Platform by Intent Technologies, a leading provider of services for smart properties, and Nexity Group, a leading French provider of real estate services, according to a statement from Semtech Corporation. This will improve performance, improve service quality, and reduce the carbon footprint in residential and commercial properties.

For Nexity Group, the 10% operating cost reduction from the IntentPlatform smart building solution is already a success. The system has been successfully installed throughout French territory, covering more than 1.2 million residential units and more than 6 million square metres of office…

In December 2022, SynSense, the top commercial provider of ultra-low-power neuromorphic hardware and application solutions, has released two hardware and application development kits. These kits are for their Speck and Xylo -Audio chip families. The boards are driven by SynSense's Speck, an ultra-low-power dynamic vision system-on-chip, and Xylo, an ultra-low-power ISP. Industry clients can create an extremely low-power vision and audio processing applications using SynSense's open-source development platforms. Dr. Dylan Muir, SynSense's VP of Global R&D, said, "The firm are creating a user community around their cutting-edge technology, not just focusing on commercial applications but also incorporating research users. "The firm…

Accurate Background, the biggest privately held provider of compliant background checks, drug and health screening, and monitoring solutions, has signed and concluded the takeover of Vero Screening Ltd., the United Kingdom's largest independent employment screening service. Accurate's global expansion strategy is being maintained with this acquisition, which expands its EMEA market reach and offerings of compliance-driven and service-focused employment screening products. Accurate's global expansion continues with the addition of Vero Screening to meet the needs of global multinational organisations as they effectively onboard personnel and manage risk through industry-leading screening and monitoring services.

The merger brings together…

Hard Seltzers, a type of beverage called highball drink are made with a combination of carbonated water, alcohol, and fruit flavoring. The alcohol in the drink is achieved with the help of fermentation by yeast through which the sugar added turns to alcohol. However, the method of preparation differs with the brand to brand. The low calorie, keto-compatibility, and less alcoholic content of the hard seltzer are driving its popularity in the beverages market. The Asia-Pacific Hard Seltzers market with high growth potential is booming with the new launches.

Pursue Hard Selzer

In August 2022, Mandovi Distilleries & Breweries Private Limited has its PURSUE brand Hard Seltzer in Mumbai in four new variants namely Mosambi and Mint; Peach and…