
Until now, Ms Weinstein has been the US firm’s vice president and managing director in the UK and Ireland, having previously worked at Unilever. She said her focus will be on “unlocking AI-powered growth for everyone”, calling the current AI boom a “pivotal” time for the tech giant. Google has joined many of its rivals in launching a string of high-profile generative AI products in recent times, led by the firm’s generative AI-powered assistant, Gemini. “Europe, the Middle East and Africa is an amazingly diverse and varied region, but the enormous growth opportunity that AI can create is universal,” she said. “My focus will be on unlocking that AI-powered growth for everyone – users, businesses, partners and governments across every part of the region. “I’m excited to be stepping into this role at a pivotal time, in a company where I’ve spent the last ten years and leading a region where I’ve spent much of my life.” Google employs more than 29,000 people across Europe, the Middle East and Africa, with 56 offices across 35 countries in those regions working on many of the firm’s largest products, including its search engine, the Android mobile operating system and its Chrome web browser. Its AI research arm, at Google DeepMind, is also led from London. Philipp Schindler, Google senior vice president and chief business officer, said: “This is the AI era and we are only just beginning to see its transformative impact on business and society. “In such a pivotal moment for technology, I’m thrilled we’ve appointed a visionary leader to be our President of Google EMEA. “Debbie brings a track record of unlocking growth that benefits everyone, alongside the passion and focus needed to help our customers succeed, as we bring the best of Google’s Gemini-era to everyone across EMEA.”
LOS ANGELES , Dec. 16, 2024 /PRNewswire/ -- Roblox Corporation and Epic Games were sued in Los Angeles Superior Court in a lawsuit alleging negligence on the part of these game makers for implementing programing that increased the known risks video games pose to minors. The lawsuit also alleges fraud , product liability, intentional misrepresentation and more. Roblox is an online game platform created by Roblox Corporation allowing uses to program and play games created by themselves or other users. Epic Games created a game called Fortnite which is another online video game. In both games, users can make in-game purchases of varying dollar amounts to further they advancement through the game. The suit was filed on behalf of a mother of a minor who started playing these games at 8-years-old, and who is alleged to have developed an increasing, incontrollable, compulsive and addictive behaviors. According the lawsuit, the makers of Roblox and Fortnite failed to warn parents or minors of the potential risks or create any proper safeguards. The lawsuit further alleges that the more time an individual spends playing these games, there is an increased likelihood that individual will make in-game purchases which increases the game-makers' revenues. The lawsuit alleges these game-makers manipulate younger minds to cause them to further purchase varying features. "Roblox Corporation and Epic Games are transforming children into ATMs by failing to implement simple safety measures such as adequate parental controls, warnings, or even something as simple as opt-in limits on time minors can spend in these games," said lead attorney Kiley Grombacher of Bradley Grombacher . "Studies clearly show the dangers posed to young minds, but these corporations are putting profits over children every single day." The lawsuit sites a study done over decades the clearly shows the addictive nature of video games on young minds. This study, from The Oxford Handbook of Digital Technologies and Mental Health, states "excessive gaming can have potentially damaging effects on individuals who appear to display compulsive and/or addictive behavior similar to other more traditional addictions." The suit further sites various studies that point out how video games severely impact adolescent minds, including a loss of grey matter. The case is Evette Gibson v. Roblox Corp, Epic Games, Los Angeles Superior Court, Case No. 23STCV32897. SOURCE Bradley/Grombacher
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Trade Finance Market Size, Share 2024, Impressive Industry Growth Report 2031 12-28-2024 03:04 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Orion Market Research Trade Finance Market The global trade finance market is anticipated to grow at a CAGR of 7.5% during the forecast period. Trade finance can help reduce the risk associated with global trade by reconciling the divergent needs of an exporter and importer. The rise in the need for safety and security of trading activities, surge in adoption of trade finance by SMEs and MSMEs in developing countries, increased competition, and new trade agreements are the major factors driving the growth of the trade finance market. The key advantage of trade finance is that it facilitates an easy way to arrange short-term finance and can improve efficiency and boost revenue. Get Free Sample link @ https://www.omrglobal.com/request-sample/trade-finance-market However, the high cost associated with trade finance may hamper the growth of the market in developing countries due to the lower profit margin and currency hedging cost. This report will further analyze all the primary and secondary factors that are directly or indirectly influencing the growth of the trade finance market during the forecast period. Impact of COVID-19 Pandemic on the Global Trade Finance Market The COVID-19 pandemic has had a devastating effect on global economies due to which exporters are facing difficulties accessing trade financing in the market. Due to this reason a 60% increase in rejected applications for trade credit insurance. In addition, the International Chamber of Commerce (ICC) reports a retrenchment of banks from financial sectors deemed "high risk" as well as increases in the price of trade financing for SMEs. However, as the situation got normalized the market had bounced back to its pre-COVID-19 pandemic level. Full report of Trade Finance Market available @ https://www.omrglobal.com/industry-reports/trade-finance-market Segmental Outlook The global trade finance market is segmented based on the type and service providers. Based on the type, the market is sub-segmented into letters of credit, guarantees, supply chain finance, factoring, documentary collection, and others. Among these types, the supply chain finance segment is expected to grow fastest during the forecast period as it provides the advantage of working capital efficiency and cash conversion period to the corporates. It also provides the advantage to the service-providing bank to maintain a long-term partnership with the corporate and do cross-sell of services. Based on service providers, the market is sub-segmented into banks, trade finance companies, insurance companies, and others. Among these service providers, the banks are the most trusted source for availing trade financing facilities, which is a major factor driving the growth of this segment. However, the trade finance companies are emerging as the fastest-growing segment with their customized offerings as per the varying customer requirements. These segments can further be customized as per the requested research requirements. Regional Outlooks The global trade finance market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can also be analyzed for a particular region or country level as per the requirement. Reasons to Buying From us - 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/trade-finance-market Media Contact: Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +91 780-304-0404 Company Name: Orion Market Research About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies. This release was published on openPR.