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British museum employees fired over stolen artifacts

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The renowned British Museum has terminated the employment of a staff member in connection with the disappearance, theft, and damage of items from its prized collection.

The incident has prompted legal action against the individual involved, as well as a comprehensive security review. The London Metropolitan Police have also been called in to investigate the matter, underlining the gravity of the situation.

The British Museum, revered as one of the globe’s most frequented cultural institutions, disclosed that the incident primarily revolved around diminutive pieces housed within a storeroom.

These artifacts encompassed an array of valuables, such as gold jewelry, gems, semi-precious stones, and glass items dating back from the 15th century BC to the 19th century AD.

“Not showcased”

The majority of the pilfered items were not showcased to the public eye in recent times, instead being reserved mainly for scholarly and research purposes. While the financial value of the missing pieces is yet to be fully assessed, their historical significance is indisputable.

Hartwig Fischer, the Director of the British Museum, expressed deep concern and underscored the institution’s commitment to safeguarding its collections. Fischer stated, “This is a highly unusual incident. I know I speak for all colleagues when I say that we take the safeguarding of all the items in our care extremely seriously.”

Increased security

The museum has taken swift measures to bolster its existing security protocols.

Collaborating with external experts, the institution aims to meticulously document the extent of the loss, damage, and theft. This comprehensive accounting will serve as a foundation for the recovery efforts undertaken.

The Chair of the British Museum, former finance minister George Osborne, expressed the trustees’ profound apprehension upon learning of the theft earlier this year. This incident casts a shadow over the revered institution, prompting it to redouble its commitment to protecting its rich cultural heritage.

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Celebrating creativity and innovation at the 2024 Pause Awards

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The atmosphere was electric as the 79 finalists in this year’s 7th annual awards were recognised for their achievements.

With categories like Women in Business, On the Rise, and Going Gree*, the awards highlighted the game-changing breakthroughs that define Australia’s startup ecosystem.

Last night, Ticker was honoured to be the official broadcast partner of the Pause Awards 2024, held at the stunning Club Pandora in South Melbourne.

The celebration of innovation, creativity, and entrepreneurial excellence brought together the brightest minds shaping Australia’s future.

Ticker CEO Ahron Young with host Mike Loder at the 2024 Pause Awards.

Pause Awards founder and CEO George Hedon summed it up perfectly: “In an era defined by economic challenges and the rapid rise of AI, this year’s entrants have made a real impact by zeroing in on customer needs. These businesses are breaking through the noise and proving their capabilities.”

From rising stars like Atticus, Greener, and Applied EV to inspiring leaders such as Sophie Walker of Australian Birth Stories and Verity Tuck of Goldee, this year’s finalists reflect Australia’s growing focus on tech, sustainability, and innovation.

Want to see who took home the awards? Head to the Pause Awards website to see the winners list.

 

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AI deepfakes cause billions in global fraud losses

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Artificial intelligence is transforming industries, but its dark side is fueling a massive surge in fraud, especially through the use of deepfakes.

As the sophistication and accessibility of “AI” expands–so does the challenge of combating deepfake-driven crime.

A new report highlights how scammers are using hyper-realistic AI-generated content, often impersonating high-profile figures like Elon Musk, to swindle billions from unsuspecting victims.

Fraud tied to deepfakes has already reached $12 billion globally and is projected to hit $40 billion in just three years.

So, what can businesses, individuals, and governments do to combat this growing trend?

Oz Sultan, the Chief Strategist with the Sultan Interactive Group joins Veronica Dudo to discuss.

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Biden heads to Africa following controversial pardon

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President Biden’s trip to Angola highlights U.S. efforts to counter China’s growing influence through trade and infrastructure investment.

President Joe Biden has embarked on his first trip to Africa as president, heading to oil-rich Angola in a move that underscores America’s push to bolster trade and infrastructure partnerships on the continent.

The visit follows Biden’s signing of a controversial pardon for his son, an action that has sparked political debate back home.

In Angola, the 82-year-old president aims to emphasize U.S. commitments to economic development and investment in Africa, signaling a direct counter to China’s expanding presence in the region.

With Africa emerging as a key battleground for global influence, Biden’s trip reflects the administration’s focus on fostering strategic alliances through infrastructure projects and trade agreements.

Analysts view this visit as a pivotal moment in U.S.-Africa relations, showcasing efforts to compete with China’s dominance while addressing Africa’s growing economic importance on the global stage.

The trip marks a significant step in redefining America’s engagement with the continent.

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