WHO

Cypriot tech company takes a bold leap into mixed reality

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Cypriot tech company takes a bold leap into mixed reality

– Ascation was founded by George Tziazas and Minas Kyriakou in 2015.
– They started with game development but transitioned to mixed reality in 2018.
– Ascanio aims to revolutionize mission-critical training across industries using mixed reality technology.
– They received support from Kinisis Ventures and Fameline Holding Group for investment and networking opportunities.
– Ascanio’s technology provides immersive training for high-risk scenarios in various industries.
– They focus on safety, real-time feedback, and comprehensive debriefing in their training solutions.
– Ascanio’s platform integrates biosensing and haptic feedback for a realistic training experience.
– They have developed a physiotherapy module in collaboration with the University of Nicosia for Parkinson’s patients.
– George and Minas actively support the tech community in Cyprus through mentorship and participation in internship programs.
– Ascanio plans to expand into industries like shipping, aviation, construction, and telemedicine to revolutionize training methods.
– George and Minas believe in the transformative power of mixed reality technology in reshaping industries.

‘, Massive’ French police deployment arrives to secure New Caledonia

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‘, Massive’ French police deployment arrives to secure New Caledonia

French police reinforcements have arrived in New Caledonia to regain control of the capital Noumea. The number of police and gendarmes on the island will increase to 2,700 from 1,700. Rioting began on Monday, resulting in four deaths and hundreds of arrests. Operations are underway to supply food and medicine to the public, with road barricades being removed by specialists in mine clearing. France has declared a state of emergency on the island and banned TikTok. The riots erupted over a new electoral reform bill that will allow French residents who have lived in New Caledonia for 10 years to vote in provincial elections.

4 considerations for companies seeking compliance with the corporate alternative minimum tax – Thomson Reuters Institute

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4 considerations for companies seeking compliance with the corporate alternative minimum tax - Thomson Reuters Institute

The corporate alternative minimum tax (CAMT) was reintroduced in 2022 as part of the Inflation Reduction Act, imposing a 15% minimum tax on large corporations with three-year average annual adjusted financial statement income (AFSI) exceeding billion. This new CAMT is based on AFSI, not taxable income, and impacts about 150 companies according to the U.S. Congress’ Joint Committee on Taxation. Corporate tax departments need to understand CAMT rules, analyze tax liability, consider financial reporting implications, and engage in strategic planning to navigate the complexities of remaining compliant with the new regulations.

Here’s what the economy could look like with a Biden or Trump presidency

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Here's what the economy could look like with a Biden or Trump presidency

The text discusses the potential impact of a Biden or Trump presidency on the US economy. The analysis covers eight major economic categories, including domestic manufacturing, higher education, healthcare, housing, labor, taxes, tariffs, and trade. Biden and Trump have different plans and approaches to these economic categories based on their past records as president and their campaign promises. Biden focuses on issues like lowering prescription drug costs, investing in the future, supporting workers and small businesses, and ensuring fair taxation. Trump, on the other hand, has proposed plans such as protecting American car manufacturers, imposing tariffs on foreign-made cars, and focusing on fossil fuels. The text also highlights the differences in their views on student loan debt, healthcare, housing costs, labor unions, taxes, tariffs, and trade policies.

Are Billionaire Taxes Falling? That Depends On Who You Think Pays Corporate Taxes

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Are Billionaire Taxes Falling? That Depends On Who You Think Pays Corporate Taxes

Fact: Berkeley economist Gabriel Zucman calculated that the highest-income Americans pay only about 23% of their income in taxes, resulting in billionaires having a lower effective tax rate than working-class Americans for the first time in US history.

Cyprus is never really talked about anymore, says John Malkovich

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Cyprus is never really talked about anymore, says John Malkovich

John Malkovich, the acclaimed American actor, participated in an open discussion at the THOC Theatre in Nicosia. He mentioned that he believes regret and guilt are essential components of life. Theater is his home, and he prefers it over cinema because it reminds him of life. The second performance of “The Infamous Ramirez Hoffman” will take place at the Pattichio Theatre on Thursday, May 16.

Cyprus: 30% of women with breast cancer pause treatment for fertility reasons

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Cyprus: 30% of women with breast cancer pause treatment for fertility reasons

30% of Cypriot women with breast cancer stopped treatment to preserve their fertility, with 73% concerned about the impact on their ability to conceive. Europa Donna Cyprus called for an awareness program to inform cancer patients about fertility preservation options like oocyte or sperm cryopreservation. The cost of these procedures is estimated at €2,000 to €2,500, with discussions on potentially having the state cover these expenses for cancer patients.

Government spokesman: Ankara, ’s role crucial in Cyprus talks

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Government spokesman: Ankara, ’s role crucial in Cyprus talks

Ankara is key to the efforts aimed at solving the Cyprus problem, according to government spokesman Konstantinos Letymbiotis. EU-Turkey relations can play a significant role in this effort. Through dialogue, answers can be given to the concerns and worries of both Greek Cypriots and Turkish Cypriots. Initiatives and measures are being taken to create positive conditions for the resumption of peace talks. Diplomatic efforts will continue to play a role in resolving the issue.

Auditor-general to object removal bid in court

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Auditor-general to object removal bid in court

Fact: The formal objection filed by the lawyer for Auditor-General Odysseas Michaelides consists of 75 pages.

Turkey convicts former pro-Kurdish party officials over 2014 Kobani protests

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Turkey convicts former pro-Kurdish party officials over 2014 Kobani protests

Fact: Former pro-Kurdish party leader Selahattin Demirtas was sentenced to more than 40 years in jail for instigating protests in 2014 triggered by an Islamic State attack on the Syrian Kurdish town of Kobani.