Italy Nears Sale of PagoPa E-Pay to State Firms for €500 Million

X, the social media platform owned by Elon Musk, has introduced a new feature called 'About this account' that reveals the country of origin for user profiles, enhancing transparency about user locations. This initiative aims to clarify the origins of accounts, particularly those labeled as 'US,' which may actually be operated from abroad.

South Korea successfully conducted its first rocket launch led by a private company, marking a significant milestone in its ambitions to enhance its role in the global space race. This event underscores the country's commitment to developing its space capabilities and fostering a competitive commercial space sector.

Three councils in London have been impacted by a cyberattack, leading to significant disruptions in their services and prompting the activation of emergency plans. This incident underscores the increasing vulnerability of public institutions to cyber threats.

The United States is facing a potential electricity crisis this decade, as a surge in demand from data centers threatens to overwhelm aging and vulnerable power grids. This situation has been highlighted by Schneider, emphasizing the risks associated with insufficient energy supply for technological advancements.

Italy's competition authority has expanded its investigation into WhatsApp's AI policy, focusing on a new policy introduced in October and the integration of AI features by the messaging platform. This scrutiny reflects ongoing regulatory concerns regarding tech companies' practices in the European market.

Europe’s equivalent of NASA is requesting €22 billion ($25.5 billion) from its member states over the next three years, marking a 36% increase from its previous budget as countries enhance their military capabilities in space.

Nigeria is set to transition its stock market to settle trades within two business days following the transaction date, a move aimed at enhancing market liquidity and attracting a larger pool of investors.

McKinsey & Co. has recently cut approximately 200 tech jobs globally as part of a strategic shift towards utilizing artificial intelligence to automate certain roles within the company. This decision aligns with a growing trend among consulting firms to leverage AI technologies for operational efficiency.