Category: 3. Business

  • City streets, tech towers and electric docks: Here’s how Biscay is adapting to climate change

    City streets, tech towers and electric docks: Here’s how Biscay is adapting to climate change

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    At almost 7pm in Bilbao, the heat is still so strong that a group of tourists have huddled in the shadow cast by Maman’s sac of eggs. The nine-metre-tall spider sculpture stands in an exposed stretch of ground outside the Guggenheim Museum.

    Elsewhere, the city offers plenty of shelter for its residents and visitors during this late June heatwave. Plane trees make a cool tunnel of the Gran Vía, where screens announce the time and temperature; 25°C at 9pm stops me in my tracks. 

    There are 131 ‘climate shelters’ – air-conditioned buildings and green spaces where people can keep cool – publicised this year by an outreach team holding white parasols in addition to the usual channels. Temporary fountains have been set up in the busiest areas of the city. 

    I’m here to find out what goes on behind the scenes to make Bilbao and the Biscay province of the Basque Country an innovator in climate adaptation; a place that does things a little differently from the rest of Spain and Europe. 

    From static to dynamic urban planning

    Tecnalia, the largest applied research centre in Spain, resides in a leafy science park above ‘el bocho’ (the hole) as Bilbao is known, because of its position in the dip of the mountains. 

    Within this sleek R&D hub, the Energy, Climate and Urban Transition unit is busy applying advanced technology to some of the knottiest nodes in climate action.

    Patricia Molina oversees the City, Territory and Environment pillar within this unit. An urban planner by training, her practice has evolved with technological breakthroughs – bridging economic, social and other silos, and knitting together different scales to produce a dynamic analysis of the city. 

    “If you can see almost life on one hand and on the other hand you can make scenarios and anticipate those scenarios and take the measures in advance, I think this is going to completely change the urban planning system,” she says. 

    Her team can map cities in extraordinary detail. Including, for example, whether an apartment block has an elevator or air conditioning.  Combined with demographic stats, it helps them to see where residents are most vulnerable during extreme heat. 

    Given Bilbao’s vulnerability to river flooding, they have also mapped the city’s sewage system and road network, including the number of vehicles and access to alternative routes if a flood strikes.

    And with digital twins – virtual replicas of cities – they can test the efficacy of nature-based solutions, even down to which tree species will have the fastest growth rate under climate change.

    Climate proofing, explains Efren Feliu Torres, head of the climate change adaptation programme, is a crucial concept within their modelling. It means taking into account the fact that the climate is dynamic and will alter the outcome of adaptation measures.

    “The intention is improving decision-making. That is the ultimate objective,” he says. Tecnalia’s analysis feeds into mid- to long-term planning for authorities, helping them to see where investment is most needed and impactful. 

    “When we show the work we are doing to some municipalities in the south of Spain, they are just amazed because apparently we don’t have such a huge problem with heat here, but we are already planning for it,” says Molina. 

    A unique ecosystem of public and private partnerships

    Tecnalia is roughly half-and-half supported by private and public funding – a collaborative effort fostered by the regional government. 

    Another embodiment of this approach is the B Accelerator Tower (BAT), a public-private centre for entrepreneurship housed in Bilbao’s second-tallest building. The tallest is the Iberdrola Tower, the headquarters of the Spanish energy company, which dominates the skyline. 

    BAT’s 200 members include corporate powerhouses like Iberdrola and Triodos Bank, the Basque region’s main institutions, and dozens of start-ups. Global consulting firm PwC operates as a ‘matchmaker’ here, and says it has made 600 matches between entities big and small.  

    One such start-up is Woza Labs, which is developing deep-tech foundations to solve climate and sustainability challenges. The Bilbao-headquartered company has partnered with Iberdrola to smarten its grid management, identifying where power lines are most at risk in the short term, and where new ones should be built to maximise their resilience. 

    It does this by integrating disparate datasets – including geospatial intelligence and data from the energy company about its facilities and past incidents – into one predictive platform.  

    “What we’re seeing today is that companies, governments, public institutions, they are not ready for measuring climate […] their systems are not ready to work in a more volatile environment,” says CEO and co-founder Sebastián Priolo. With climate change causing fiercer storms, heatwaves and wildfires, “that volatility needs to be input in the systems.”

    One of the things that wooed Woza’s founders to Bilbao from London is what Priolo calls “the asymmetry between digitalisation and industry.” With a past rooted in heavy industry and an ongoing industrial presence, it’s a seller’s market for companies offering digital services. 

    The Bizkaian government has created a supportive environment for start-ups, he adds. 

    Exercising its tax autonomy, the Provincial Council of Bizkaia has incentives to encourage innovation and decarbonisation. The corporate tax deduction for investments in clean technologies has recently been increased to 35 per cent, for example. 

    “We want to be there among the main European countries concerning innovation,” Ainara Basurko Urkiri, deputy of economic promotion in the Bizkaia Government, tells Euronews Green. “We need public and private partnerships,” she emphasises. “If we go hand-in-hand together, we will move forward faster.”

    Chasing greener horizons at Bilbao Port

    Bilbao’s changing narrative is nowhere better illustrated than at its port, Spain’s fourth busiest.

    This, says Andima Ormaetxe, director of operations, commercial, logistics and strategy, is the port of the Atlantic. It is a gateway for the rest of Europe and America, and its history is also that of Bilbao, which was granted city status and control of maritime traffic entering its estuary in 1300.

    Iron ore had long been mined from the surrounding hills, furnishing the armouries of Spanish kings. But extraction became big business in the nineteenth century, spearheaded by British industrialists. 

    The meandering Nervión River was straightened en route to the Old Town docks (15 km upstream), which were eventually abandoned altogether as the superpuerto on the bay grew. The Guggenheim Museum was built on a derelict dock district.

    Now, hemmed in by those hills, there is no more room for Bilbao Port to expand. “So our generation is the generation in which we have to make the port more effective and efficient with the space that we’ve got,” says Ormaetxe.

    “It’s clear that decarbonisation is going to be a big opportunity,” he adds. The port has invested millions in electrifying its docks; a bank of onshore wind turbines, wave farms and solar panels are part of its plan to be self-sufficient and create an Onshore Power Supply (OPS).  

    In the chicken and egg game of working with shipping companies – which say they cannot transition without the infrastructure – Bilbao Port is aiming to make green electricity the cheap option, and raise ambitions around Europe.

    It is also collaborating with the industrial sites at its heels, affording them the space to develop green hydrogen, which is a major part of the region’s plans. Precisely because Biscay was a major cog in the industrial revolution, it is now busy building a greener future – working with what it’s got, to paraphrase Ormaetxe.

    The author was a guest of the Bizkaia government in Bilbao.

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  • 2 No-Brainer Artificial Intelligence (AI) Stocks to Buy Right Now

    2 No-Brainer Artificial Intelligence (AI) Stocks to Buy Right Now

    • The artificial intelligence (AI) revolution is creating a diverse selection of investment opportunities.

    • Alphabet is a well-known name in the AI space, but this popular tech stock still has a lot to offer.

    • Upstart has had a tough few years, but there are several green flags for this AI stock that bear watching.

    • 10 stocks we like better than Alphabet ›

    The artificial intelligence (AI) revolution is upon us, and with that a nearly endless array of businesses joining the fray and investing in the rapidly evolving world of AI. However, it’s more important than ever to take the time to discern the wheat from the chaff so you can find quality companies that have the ability to stand the test of time in your portfolio.

    There are opportunities to invest in the AI space for investors of virtually every experience level and zone of interest.

    If you’re looking for no-brainer AI stocks to buy right now, and you have the appropriate risk-tolerance and investment horizon to put cash into growth stocks, here are two names to consider for your portfolio in the near term.

    Image source: Getty Images.

    Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), Google’s parent company, is undoubtedly one of the most talked-about names when it comes to investments in the AI space. The company is heavily investing in and integrating AI across its various products and services. The tech giant is actively focused on developing its own AI models, like Gemini, and using AI to enhance existing products like YouTube and the flagship Search business.

    Alphabet is also building custom hardware like Tensor Processing Units (TPUs) to efficiently train and run AI models, and exploring new business opportunities with AI, in arenas ranging from self-driving cars (Waymo) to healthcare (Verily). The company is significantly increasing its investment in AI infrastructure, reflecting a strong commitment to the technology and its potential for the future growth of the business as it evolves in the next decade and beyond.

    In the company’s recent Q2 earnings, management elevated its projected capital expenditures for 2025 from a previous mouth-watering figure of $75 billion, up to an even more stunning $85 billion. This increased spending is primarily directed toward servers, accelerated data center build-outs, and overall cloud computing infrastructure to support Alphabet’s AI endeavors.

    Alphabet certainly has the robust financial profile to support its ambitious AI aims. The company’s Q2 2025 revenue of $96.4 billion represented a 14% increase year over year, while it remains highly profitable. Alphabet’s diluted earnings per share (EPS) of $2.31 were up more than 20% from the same period one year ago.

    Google Services revenue grew by approximately 12%. Meanwhile, YouTube ad sales increased by 13%, and Google Cloud sales surged by 32%. Alphabet also has a substantial cash balance, reporting $95.1 billion in cash, cash equivalents, and marketable securities at the end of its Q2.

    Whether you’re a beginner AI investor or simply want to put cash to work in a storied tech business, Alphabet satisfies on both counts. In my view, this remains a company you can truly buy, hold, and add to again and again through the years.

    Upstart (NASDAQ: UPST) is another way to capitalize on the potential of the AI revolution, albeit a company that is likely better suited to the more risk-tolerant of investors. Unlike the established business that underpins Alphabet, Upstart has been around for about 13 years and operates in a completely different industry, with entirely different growth levers.

    Upstart’s business model is based on a two-sided platform that connects borrowers with lending partners, using AI-driven underwriting to assess credit risk and improve loan access and pricing. The company earns revenue through fees charged to lending partners for loan originations, servicing, and referrals. Upstart monetizes its platform by selling loans to institutional investors, while it carries a smaller portion of loans on its business balance sheet.

    Upstart uses proprietary AI algorithms to analyze a wide range of data points, going beyond traditional credit scores to assess risk more accurately. This allows the company to approve more borrowers and offer lower interest rates, while potentially reducing losses for lenders. Given the predictive qualities of Upstart’s platform, the last few years and the difficult lending environment have presented some unique challenges for the business.

    Upstart has approved fewer loans, fewer institutional investors have been inclined to purchase loans given the increased cost of doing so, and loan volume has remained down overall. However, that trend seems to be shifting. Upstart also continues to refine the accuracy of its platform while onboarding new bank and credit union partners. It recently expanded into home equity line of credit (HELOC) offerings, and across 1,000 loans in this product line in 2024, it experienced zero defaults.

    Fast-forward to 2025. Upstart had a strong first quarter, with total revenue reaching $213 million, a 67% increase year-over-year. The company also saw a significant improvement in its loss from operations, which narrowed to $4.5 million from $67.5 million in the same quarter last year. Its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) margin reached 20% for the first time in three years.

    Platform originations grew by 89% year over year, driven by model wins, improved borrower health, and more competitive capital, and personal loan originations jumped 83% from one year ago. Upstart’s HELOC product also saw strong growth, with originations increasing 52% quarter over quarter. In Q1, 92% of 241,000 funded loans were fully automated with no human intervention.

    For investors with a healthy appetite for volatility and an understanding of the cyclical dynamics of the lending space, Upstart could be a worthy contender for a well-diversified portfolio.

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    Rachel Warren has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and Upstart. The Motley Fool has a disclosure policy.

    2 No-Brainer Artificial Intelligence (AI) Stocks to Buy Right Now was originally published by The Motley Fool

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  • Record EPS and Operating Margin Amidst …

    Record EPS and Operating Margin Amidst …

    • EPS: $4.09, representing a 6% increase from the prior year.

    • Operating Margin: 30.1%, an all-time quarterly high, increased by 80 basis points year-over-year.

    • Operating Cash Flow: Grew 15% year-over-year.

    • Return on Capital (ROC): 25.1%, leading the industry.

    • Sales: $8.5 billion, a 3% increase over the prior year and 5% sequentially.

    • Underlying Sales Growth: 1% over the prior year and 3% sequentially, excluding acquisitions and FX impacts.

    • Volume Change: Down 1% from last year, with a 2% sequential increase.

    • Acquisitions Impact: Lifted sales by 1% over the prior year.

    • Capital Allocation: $6.5 billion deployed year-to-date, with $2.8 billion in investments meeting risk-reward criteria.

    • Guidance for Q3 EPS: $4.10 to $4.20, representing 4% to 7% growth over last year.

    • Full Year EPS Guidance: $16.30 to $16.50, indicating 5% to 6% growth, including a 1% currency tailwind.

    Release Date: August 01, 2025

    For the complete transcript of the earnings call, please refer to the full earnings call transcript.

    • Linde PLC (NASDAQ:LIN) achieved record quarterly EPS of $4.09 and an operating margin of 30.1%, despite a challenging macro environment.

    • Operating cash flows grew by 15%, and the return on capital (ROC) of 25.1% continues to lead the industry.

    • The sale of gas project backlog has doubled over four years, reaching $7.1 billion, with significant turnover and execution.

    • Linde PLC (NASDAQ:LIN) has strong customer commitments in the space sector, supporting double-digit growth in commercial space launches.

    • The company maintains a disciplined capital allocation policy, deploying $6.5 billion year-to-date, with a focus on investments that meet risk-reward criteria.

    • Volumes are down 1% from last year, primarily due to weaker base volumes in EMEA, offsetting contributions from the project backlog.

    • Europe is expected to continue experiencing softening demand, particularly in Western Europe, with no catalyst for economic improvement this year.

    • The electronics end market faces challenges, with helium pricing down high single digits due to oversupply, particularly in Asia.

    • Linde PLC (NASDAQ:LIN) remains cautious about the economic outlook, with guidance reflecting potential economic contraction and currency volatility.

    • The company faces challenges in Europe due to de-industrialization and potential plant closures, impacting long-term growth prospects.

    Q: Can you provide insights into the geographical and end-market performance expectations for the rest of the year? A: Sanjiv Lamba, CEO, explained that in the Americas, volumes are expected to be flat or slightly up, driven by resilient end markets like space launches, while Europe is likely to see continued demand softening, particularly in Western Europe. In Asia, China is expected to remain flat, with growth in EVs and electronics offset by weaker metals and chemicals. India shows strong growth potential, while the overall APAC region is expected to be flat.

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  • Free rides offered on Santander Cycles on Sundays in August

    Free rides offered on Santander Cycles on Sundays in August

    Londoners are being offered free unlimited 60-minute rides on Santander Cycles during Sundays in August, to celebrate Transport for London’s (TfL) Cycle Sundays.

    The Cycle Sundays scheme was created to encourage those new to cycling to give it a go, with beginner-friendly routes, leisure ride routes and cycle training tips provided, according to TfL.

    Routes include rides around Hampstead Heath and Primrose Hill, Hyde Park and Notting Hill, Tower Hamlets and more.

    The scheme begins on 3 August with free day passes available via the TfL website, which can be redeemed from the app, website or from one of the docking stations available across London.

    Fitness apps Strava and Komoot have partnered with TfL to help cyclists track and record their activities with routes across the capital.

    Riders will be able to see the route map in real time with directions being provided. They will also be able track the route length and see its difficulty level, elevation levels and how busy the road is.

    Santander e-bikes must be hired via the Santander Cycles app or with a membership key and are only available to registered members, TfL added.

    Rides exceeding 60 minutes will incur additional charges of £1.65 for each additional 60 minutes for pedal bikes and £3 for each additional 60 minutes for an e-bike.

    Will Norman, London’s walking and cycling commissioner, said: “Cycling can be for everyone and it really is the best way to explore London this summer, with more than 410km of cycling routes available for both beginners and experienced riders.”

    David Eddington, from TfL, said: “Cycling is not only brilliant for your physical and mental health but also is a great way of getting around and exploring London.

    “Whether you have never been on a bike, or are a regular user, we look forward to seeing many people claiming their free Santander cycle every Sunday in August.”

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  • Recent progress in nano-TCM active ingredient co-delivery systems for

    Recent progress in nano-TCM active ingredient co-delivery systems for

    Introduction

    Inflammation is an essential protective response of the immune system to harmful stimuli, such as allergens or tissue injury. However, the uncontrolled activation of inflammation, driven by an overproduction of pro-inflammatory mediators and oxidative stress, is a major factor contributing to tissue damage and the development of various chronic diseases.1 Inflammatory cells release reactive oxygen species (ROS), pro-inflammatory cytokines, transcription factors, and chemokines, which further amplify oxidative stress and disrupt the extracellular matrix, ultimately exacerbating the inflammatory response.2,3 A growing body of evidence supports the therapeutic potential of targeting inflammation to alleviate the progression of a wide range of diseases.4

    Although synthetic anti-inflammatory drugs are commonly prescribed, their use is often accompanied by significant adverse effects, raising concerns about their long-term safety. Nonsteroidal anti-inflammatory drugs (NSAIDs), the most widely used class of anti-inflammatory medications, are associated with serious gastrointestinal complications, including erosions, ulcers, bleeding, and perforations, affecting 1–2% of patients after three months of therapy.5 Furthermore, NSAIDs have been linked to the development of small intestinal strictures, and aspirin, in particular, may induce platelet apoptosis, leading to thrombocytopenia. These issues highlight the limitations of conventional anti-inflammatory therapies and underscore the need for safer alternatives.6 In contrast, TCM, with its rich array of bioactive compounds derived from natural sources, offers a promising alternative for the treatment of inflammatory diseases. TCM has garnered increasing attention in recent years, owing to its diverse pharmacological activities, including anti-inflammatory, anti-tumor, and immune-regulatory effects.7 Many active ingredients from TCM can simultaneously target multiple molecular pathways, thereby enhancing therapeutic efficacy and modulating immune responses in a more comprehensive manner.8–10 Despite its potential, the clinical application of TCM is limited by challenges such as poor solubility, unstable pharmacokinetics, non-specific side effects, and limited biofilm penetration of the active compounds. These obstacles have hindered the full therapeutic potential of TCM, highlighting the need for innovative approaches to improve the delivery and efficacy of TCM-based therapies.11,12

    To improve the utilization of TCM, researchers have focused on the medical applications of nanocarriers. TCM has long been delivered through decoctions, pills, powders, pastes, and tinctures. However, these delivery methods often result in low absorption efficiency (eg, for polysaccharides and proteins), poor stability (prone to degradation by light and heat), and weak targeting (resulting in systemic distribution that may cause side effects in non-target organs). Additionally, the complex composition of TCM formulas delivered by traditional methods poses challenges in quality control.13,14 In comparison to conventional drug delivery systems, nano-based TCM co-delivery systems offer superior safety and efficacy. These systems benefit from the inherent anti-inflammatory and antioxidant properties of the nanocarriers, as well as their specific physical/chemical targeting, and enhanced biocompatibility.15,16 Lipid-based nanocarriers have gained attention due to their amphiphilicity, high stability, and excellent biocompatibility.17 Polymeric nanoparticles have been widely studied for their high encapsulation efficiency.18 Biomimetic nanocarriers, such as cell-based nanocarriers and exosomes, are recognized for their low immunogenicity, extended in vivo circulation time, and strong targeting ability.19 Our review analyzes the anti-inflammatory mechanisms of various active components in TCM, introduces the classifications and properties of nanocarriers, and highlights the latest advancements in TCM delivery systems for treating inflammation-mediated diseases. It also discusses the advantages and unresolved issues of nanocarrier-based delivery of TCM, offering new perspectives for the development of this field.

    Advantages and Limitations of TCM Active Ingredients in the Treatment of Inflammation-Mediated Diseases

    Resveratrol

    Resveratrol, a natural polyphenolic compound, demonstrates a wide range of biological activities, including free radical scavenging, regulation of antioxidant enzyme expression and activity, anti-inflammatory, anti-aging, anti-glycation, anti-cancer, neuroprotective, and cardioprotective effects.20,21 In high-fat diet-induced obesity (DIO) mice, resveratrol exhibits potent anti-inflammatory and antioxidant properties,22 alleviating allergic asthma by inhibiting JNK and NF-κB signaling pathways.23 Furthermore, resveratrol effectively reduces insulin resistance and macrophage infiltration in adipose tissue, improving inflammation in both the peripheral and central nervous systems of DIO mice.24 Recent studies have shown that the anti-inflammatory effects of resveratrol are linked to SIRT1 activation. For instance, resveratrol modulates the SIRT1/NF-κB signaling pathway to suppress the expression of pro-inflammatory factors such as COX-2, IL-1, and IL-6, thereby alleviating colitis.25 Additionally, resveratrol has demonstrated therapeutic effects on osteoarthritis (OA) and vasculitis.26,27 Despite its high absorption rate, the low solubility, poor stability, short half-life, and rapid metabolism of resveratrol contribute to its low bioavailability, which limits its clinical application.28

    Quercetin

    Quercetin, a polyphenolic flavonoid predominantly found in fruits and vegetables, exhibits anti-inflammatory, antioxidant, and autophagy-inducing properties. Consequently, it has been investigated for the prevention and treatment of cancer, cardiovascular diseases, chronic inflammation, oxidative stress, and neurodegenerative disorders.29 In vitro studies demonstrate that quercetin inhibits TNF-α-induced inflammation in macrophages and adipocytes by modulating MAPK (JNK and ERK) and nuclear factor-kappa B(NF-κB) pathways.30 In vivo, it alleviates experimentally induced hepatitis and interstitial nephritis by suppressing macrophage M1 polarization.31,32 In OA animal models, quercetin acting as a SIRT1 agonist activates the AMPK signaling pathway to suppress inflammation and apoptosis in chondrocytes,33 while promoting cartilage repair through M2 polarization of synovial macrophages.34 Conversely, quercetin has also been shown to reduce excessive extracellular matrix accumulation in renal interstitial cells by inhibiting M2 polarization via antagonism of the TGF-β1/Smad2/3 signaling pathway.31 Given these complex effects on macrophage polarization, further studies are required to elucidate its precise mechanisms of action. Additionally, quercetin significantly reduces plasma histamine levels and serum IgE concentrations, thereby alleviating peanut-induced allergic responses in rats.35 However, its high first-pass elimination rate—resulting in rapid excretion within 24 hours—and inherent hydrophobicity limit its bioavailability and therapeutic potential.36,37

    Curcumin

    Curcumin, a polyphenolic compound extracted from the rhizome of Curcuma longa (turmeric), exhibits regulatory effects on inflammation, oxidative stress, and various cellular processes including proliferation, differentiation, and survival.38 Recent studies have demonstrated that the anti-inflammatory properties of curcumin are primarily mediated through the modulation of several key signaling pathways, such as NF-κB, peroxisome proliferator-activated receptor gamma (PPAR-γ), and Toll-like receptor (TLR)/myeloid differentiation protein 2 (MD2) pathways. For example, curcumin mitigates colitis and rheumatoid arthritis by inhibiting IκB kinase (IKK) activity and IκB-α phosphorylation, thereby blocking NF-κB pathway activation,39,40 In addition, upregulation of PPAR-γ expression has been shown to attenuate inflammation and reduce ROS production.41 Acting as a PPAR-γ agonist, curcumin suppresses angiotensin II–induced inflammation in vascular smooth muscle cells.42 Moreover, aberrant activation of TLR signaling complexes serves as an upstream trigger of inflammatory responses. Curcumin and its analogs competitively bind to MD2, thereby inhibiting the TLR4-MD2 complex and reducing the secretion of pro-inflammatory cytokines. This mechanism has been implicated in the amelioration of acute lung injury (ALI) and sepsis.43 Furthermore, curcumin modulates macrophage polarization by inhibiting M1 phenotypes while promoting M2 polarization, contributing to its immunomodulatory effects.44,45 Despite its broad therapeutic potential, the clinical application of curcumin remains limited due to its low water solubility, poor bioavailability, rapid metabolic degradation, and fast systemic elimination.46

    Honokiol

    Honokiol is a natural polyphenolic compound extracted from the bark and leaves of Magnolia species belonging to the Magnoliaceae family. It exhibits low toxicity and a broad spectrum of biological activities, including anti-inflammatory, antioxidant, anti-tumor, anti-obesity, and neuroprotective effects.47 The anti-inflammatory effects of honokiol are closely associated with the activation of SIRT3, a mitochondrial deacetylase that plays a crucial role in maintaining mitochondrial function and redox homeostasis.48,49 For instance, honokiol alleviates osteoarthritis by targeting the SIRT3–COX4I2 axis, thereby reprogramming mitochondrial respiratory chain complexes.48 Additionally, honokiol regulates the differentiation of T helper 17 (Th17) cells by activating SIRT3, which in turn inhibits the STAT3/RORγt signaling pathway, leading to decreased expression of IL-17 and interleukin-21 (IL-21), and ultimately reducing intestinal inflammation in colitis models.50 Furthermore, honokiol exerts anti-colitic effects through modulation of the PPARγ/NF-κB, AMP-activated protein kinase (AMPK), and nuclear factor erythroid 2–related factor 2/heme oxygenase-1 (NRF2/HO-1) signaling pathways.51 Recent findings also suggest that honokiol can activate SIRT1, expanding its regulatory effects on cellular stress responses.52 Moreover, honokiol has been shown to attenuate lung inflammation by regulating AMPK and superoxide dismutase 2 (SOD2) signaling pathways.53,54 Taken together, these findings highlight honokiol as a promising therapeutic candidate for inflammation-related diseases. However, its clinical application is substantially hindered by poor physicochemical properties, including low aqueous solubility, instability, and rapid metabolic degradation. These factors result in an oral bioavailability of approximately 5%, significantly limiting its therapeutic potential.55,56

    Bergenin

    Bergenin, an isocoumarin compound derived from Bergenia species, exhibits diverse biological activities, including anti-inflammatory, antioxidant, antiviral, antifungal, and organ-protective effects.57 As a SIRT1 agonist, bergenin alleviates asthma by modulating the NF-κB pathway in macrophages, thereby suppressing the expression of IL-1β, IL-5, IL-6, and MMP-9.58 Additionally, it mitigates OA by regulating macrophage M1/M2 polarization.59 PPAR-γ, an upstream regulator of SIRT1, can be activated by bergenin, leading to upregulated SIRT1 expression. This mechanism reduces oxidative stress and inflammation, offering therapeutic benefits for colitis and Alzheimer’s disease-related dementia.60,61 Furthermore, bergenin’s anti-inflammatory effects are associated with the PI3K/AKT signaling pathway.62 However, its clinical application is hindered by low water solubility, poor permeability, and limited biofilm penetration,63 as well as instability and susceptibility to degradation in neutral and alkaline environments.64 These limitations contribute to its low bioavailability, necessitating higher doses to achieve effective therapeutic blood concentrations.65

    Ginsenosides

    Ginsenosides (G), the primary bioactive constituents of ginseng, regulate diverse cellular processes by interacting with cell membranes, kinases, and transcription factors.66 Specifically, G-Rb1, G-Rb2, G-Rd, G-Re, G-Rg1, G-Rg3, Rh1, and compound K (CK) exhibit potent anti-inflammatory effects in vivo and in vitro by suppressing the activity of IL-1 receptor-associated kinase (IRAK-1), NF-κB, and MAPK signaling pathways.67–73 Notably, G-Rb2,74 G-Rc,75 G-Rg1,76 G-Rg3 exert anti-inflammatory actions via SIRT1 activation.77 For example, G-Rg3 mitigates microglial inflammation by modulating the SIRT1/NRF2/NF-κB and AMPK/PI3K/AKT pathways.78 Given that mitochondrial dysfunction is a key driver of inflammation,79 G-Rg3 further ameliorates inflammatory responses by enhancing mitochondrial biogenesis through AMPK-mediated mitophagy and upregulation of PGC-1α and related genes.80,81 Additionally, G-Rg6 suppresses TLR4-mediated systemic inflammation,82 while G-Rh1 modulates the ERK and STAT (STAT1/STAT3) pathways to attenuate inflammation.83 However, the therapeutic potential of ginsenosides is limited by their susceptibility to degradation or transformation in gastric acid and intestinal bacteria, with metabolites potentially inhibiting the absorption of parent compounds. Although their lipophilicity aids biofilm penetration, poor oral absorption and low bioavailability remain major challenges (Figure 1).66,84

    Figure 1 The anti-inflammatory molecular mechanisms of TCM active ingredients. Resveratrol, quercetin, curcumin, bergenin, and ginsenosides exert anti-inflammatory effects by targeting membrane receptors (TLR4, MD2), nuclear regulators (PPARγ, SIRT1), and AMPK, thereby suppressing pro-inflammatory NF-κB, MAPK, and PI3K/AKT signaling pathways while mitigating oxidative stress and promoting mitochondrial biogenesis. Additionally, honokiol, as a SIRT3 agonist, modulates immune responses by inhibiting Th17 cell differentiation through suppression of the STAT3/RORγt pathway.

    Berberine

    Berberine (BBR), an isoquinoline alkaloid derived from various medicinal plants, exhibits potent anti-inflammatory properties. BBR and its derivatives demonstrate therapeutic efficacy in inflammatory diseases affecting the gut, lungs, skin, and bone.85,86 Mechanistically, BBR suppresses the expression of pro-inflammatory genes (eg, IL-1β, IL-6, and iNOS) by activating the AMPK signaling pathway and inhibiting MAPKs phosphorylation in macrophages.87 Its anti-inflammatory effects further involve modulation of the Nrf2 and NF-κB pathways.88 Notably, BBR significantly inhibits IgE production, highlighting its potential in managing food allergies. This immunomodulatory effect is linked to BBR’s ability to suppress IκB phosphorylation and regulate gut microbiota composition.89,90 Despite demonstrating multiple beneficial pharmacological activities against various diseases, the therapeutic application of berberine is substantially limited by several pharmacokinetic challenges, including poor oral bioavailability, low gastrointestinal absorption, and extensive first-pass elimination.91,92

    Advantages of Nano-TCM Active Ingredient Co-Delivery Systems

    Improve the Bioavailability of TCM Active Ingredients

    Most TCM preparations suffer from poor water solubility, chemical instability, rapid first-pass metabolism, and limited biofilm penetration, all of which significantly compromise their oral bioavailability.17 These pharmacokinetic limitations present major challenges for clinical translation of TCM therapies.

    Recent advances in nanomedicine have demonstrated that nanocarriers can effectively overcome these delivery challenges. Engineered nanocarriers enhance the solubility, stability, and absorption efficiency of TCM active ingredients while simultaneously reducing their potential toxicity. Compared to free TCM compounds, nano-TCM co-delivery systems show significantly improved bioavailability and enhanced therapeutic effects, including superior anti-inflammatory and antioxidant activities.93–96 Notably, certain nanocarriers such as nanoemulsions and dendrimers exhibit exceptional biofilm penetration capabilities through fusion or permeation mechanisms.97,98 Biomimetic nanocarriers, characterized by their low immunogenicity and high biocompatibility, show particular promise for overcoming biological barriers and avoiding immune system clearance.99 Furthermore, these nano-TCM delivery platforms offer flexible administration routes, including intravenous, oral, transdermal, and various mucosal (ocular, nasal) delivery options.100,101

    Enhance Drug Delivery Targeting Inflammation

    Extensive research has confirmed that nanocarriers can significantly alter drug biodistribution patterns.102,103 A key advantage of nanocarriers is their preferential accumulation in inflamed tissues. For example, cationic liposomes demonstrate significantly higher accumulation in lung tissues of inflamed animal models compared to healthy controls.104 This enhanced permeability and retention (EPR) effect, mediated by pathophysiological vascular leakage, represents the passive targeting mechanism of nanocarriers.105 Beyond passive targeting, nanocarriers can be engineered for active targeting of specific molecules or cellular phenotypes within inflammatory microenvironments. Liposomes, for instance, can be designed to target specific macrophage phenotypes, thereby modulating phagocytic activity and cytokine secretion profiles.106 Macrophage-derived extracellular vesicles show particular promise for neuroinflammation therapy due to their enhanced blood-brain barrier (BBB) penetration capabilities.107 Surface modification strategies further expand nanocarrier targeting potential. Functionalization with surfactants, antibodies, polymers (synthetic or natural), silicon dioxide, metals, or other materials can precisely enhance targeting specificity.108 Galactose and folic acid-modified resveratrol, which shows improved intestinal absorption and transcellular transport, enhancing its anti-inflammatory efficacy both in vitro and in vivo.109,110 Lactoferrin-conjugated resveratrol, demonstrating enhanced BBB penetration and neuroprotective effects.111 Mannose-modified albumin, which effectively targets mannose receptors overexpressed on inflammatory cells.112

    Control Drug Release

    Many TCM active ingredients suffer from poor water solubility, short half-lives, and rapid first-pass elimination. Patients frequently require high-dose regimens to attain therapeutic efficacy, decreasing medication adherence while increasing adverse event risks.17,113,114 Nanocarrier-based delivery systems have emerged as a promising solution to overcome these limitations. Recent studies demonstrate that engineered nanocarriers can significantly prolong drug release profiles. For example, Silica nanoparticles enable sustained release of silymarin for up to 72 hours.115 Liposome-encapsulated cryptotanidone administered every 48 hours shows comparable efficacy to daily pirfenidone dosing.116 Advanced nanocarrier systems can be designed with stimulus-responsive properties for site-specific drug release. Conventional liposomes maintain stability under physiological conditions but release payloads upon encountering specific internal/external triggers. Functionalized liposomes incorporating thermosensitive or pH-sensitive polymers enable precise control of drug release in response to local microenvironment changes.117 Magnetic nanoparticles have also been investigated for controlled drug release under external magnetic field influence.108 These controlled-release strategies provide multiple therapeutic advantages, including minimization of direct drug-mucosa contact, prevention of mucosal irritation caused by local drug accumulation, maintenance of optimal therapeutic drug concentrations, reduction in dosing frequency.17,118

    As Carriers to Co-Deliver Active Ingredients or Therapeutic Agents to Enhance Efficacy

    Nanocarrier-mediated co-delivery systems leverage the principle of pharmacological synergy to simultaneously transport multiple TCM active ingredients or therapeutic agents. This strategy enables concurrent modulation of diverse molecular pathways while minimizing toxicity and adverse effects through reduced dosage requirements. Curcumin serves as an exemplary combination partner due to its dual capacity to inhibit drug resistance-associated transcription factor activation and downregulate drug transporter activity.119 For instance, Curcumin-quercetin nanoemulsions showing superior antiviral efficacy with reduced doses and improved targeting specificity compared to monotherapies.120 Macrophage membrane-coated curcumin-platycodin systems achieving significant anti-inflammatory effects in ALI murine models (Figure 2).121

    Figure 2 Nanocarrier systems offer significant advantages for delivering TCM active ingredients. The clinical translation of TCM active ingredients is often hindered by inherent limitations, including poor solubility, low stability, rapid clearance, unfavorable pharmacokinetics, and nonspecific side effects—all contributing to low bioavailability. Functional benefits of nanocarriers, such as intrinsic anti-inflammatory/antioxidant properties, enhanced solubility, controlled release, targeted delivery, and co-delivery of therapeutic agents, position them as powerful platforms for TCM delivery.

    Classification of Nanocarriers

    Exogenous Nanocarriers

    Lipid Nanocarriers

    Liposomes

    Liposomes are stable spherical vesicles with a bilayer structure formed by phospholipids and cholesterol. Their unique amphiphilic nature, combined with high biocompatibility, structural stability, and ease of surface modification, makes them particularly valuable for overcoming the delivery challenges of TCM compounds.17 Numerous studies have demonstrated the effectiveness of liposomes for encapsulating and delivering TCM bioactive components including quercetin, resveratrol, and curcumin.122–124

    Solid Lipid Nanoparticles (SLNs)

    SLNs represent another important class of nanocarriers, featuring a solid lipid core that maintains crystalline structure at room temperature. These nanoparticles offer several advantages over liposomes, including greater physical stability and lower production costs.125 A distinctive characteristic of SLNs is their tendency to adsorb drugs primarily on the particle surface rather than encapsulating them within the core.126 This property, along with their ability to load both hydrophilic and lipophilic drugs, provide targeted delivery, protect payloads from degradation, and enable controlled release, makes SLNs attractive for TCM applications.17 However, a significant limitation arises during preparation – the formation of highly crystalline structures in the lipid matrix can lead to drug expulsion and consequently reduced drug loading capacity.127

    Nanostructured Lipid Carriers (NLCs)

    To address these limitations of SLNs, researchers developed NLCs by incorporating liquid lipids (oils) into the solid matrix. This modification disrupts the perfect crystalline structure of SLNs, resulting in improved nanoparticle stability and minimized drug leakage.125 NLCs have shown particular promise for delivering various TCM compounds such as bergenin,128 quercetin,129 and ginsenosides.130

    Nanoemulsions

    Nanoemulsions, consisting of two immiscible liquid phases stabilized by surfactants and co-surfactants, offer another promising delivery platform. These systems are thermodynamically stable and can maintain their stability for extended periods (up to 3 months) at room temperature.105 The large interfacial surface area of nanoemulsions facilitates efficient drug release and absorption. Furthermore, their versatility allows administration through multiple routes including oral, topical, and parenteral delivery.100

    Polymeric Nanocarriers

    Polymeric Micelles

    Polymeric micelles represent an important class of nanocarriers characterized by their core-shell architecture, formed through the self-assembly of amphiphilic block copolymers.131 The hydrophobic core serves as an effective compartment for encapsulating hydrophobic drugs through either covalent conjugation or physical entrapment, providing protection against degradation while significantly improving drug solubility. Meanwhile, the hydrophilic shell contributes several advantageous features, including excellent biocompatibility, prolonged blood circulation time,18 enhanced permeability, active targeting capability, and stimuli-responsive properties to temperature and pH changes.17,28 With their relatively small size range (10–200 nm), superior solubilization capacity, and straightforward preparation and sterilization processes, polymeric micelles offer distinct advantages over other nanocarrier systems. However, their clinical translation faces challenges due to stability limitations that require further optimization.131

    Polymeric Nanoparticles

    Polymeric nanoparticles are submicron-sized colloidal particles fabricated from either natural or synthetic polymers such as Poly(lactic-co-glycolic acid) (PLGA), Polylactide (PLA), silk fibroin (SF), chitosan, inulin, and gelatin. These nanoparticles share many beneficial properties with polymeric micelles, including both active and passive targeting mechanisms, as well as temperature- and pH-responsive behaviors.132 Among these materials, PLGA has emerged as one of the most versatile and widely investigated polymers in nanomedicine applications.

    Dendrimers

    Dendrimers constitute a unique class of highly branched, monodisperse macromolecules with well-defined core-shell nanostructures. Their distinctive architecture features discrete dendritic branches that radiate outward in concentric layers from a central core, creating abundant surface functional groups for drug conjugation or chemical modification, along with internal cavities for drug encapsulation.133 The precise control over dendrimer synthesis allows for tailored adjustment of molecular weight, surface functionality, and hydrophilicity, enabling optimization of drug-loading capacity, biocompatibility, and pharmacokinetic profiles.134 Furthermore, dendrimers offer administration route flexibility,101 making them particularly attractive for delivering both small molecule drugs and larger biomolecules. Nevertheless, potential cytotoxicity associated with cationic surface charges remains an important consideration that requires careful evaluation during dendrimer design.133

    Inorganic Nanoparticles

    Inorganic nanoparticles are nanoparticles prepared from inorganic materials such as metals, oxides, semiconductors and carbon-based structures. Owing to their excellent physical stability, large surface area, and sensitivity to light, magnetic fields, and ultrasonic signals, inorganic nanoparticles facilitate drug delivery through light/heat and magnetic field therapy.135 At present, widely used inorganic nanoparticles include gold nanoparticles, silica nanoparticles, magnetic nanoparticles, and nanotubes.17,136

    Nanocrystals

    Drug nanocrystals represent a unique class of nanocarriers consisting of pure drug particles with diameters below 1 μm, typically stabilized in nanosuspension formulations. These nanocrystals can be prepared through two principal methodologies: top-down approaches involving mechanical size reduction techniques such as high-pressure homogenization or milling, and bottom-up approaches utilizing antisolvent crystallization processes. In the latter method, carefully selected antisolvents (including various surfactants and polymers) are employed to induce controlled solute supersaturation and subsequent crystallization. The exceptionally high surface area-to-volume ratio of nanocrystals constitutes their most distinctive physicochemical characteristic, which directly contributes to enhanced dissolution rates and improved bioavailability. However, due to their prolonged persistence in biological environments, factors such as nanotoxicity and dose must be considered during their interaction with biological tissues.137

    Heparin Based Nanocarriers

    Heparin, a naturally occurring glycosaminoglycan, exhibits remarkable biocompatibility and contains abundant chemically modifiable functional groups along its backbone.138 The low-molecular-weight derivatives of heparin (LMWHs) demonstrate enhanced multifunctionality, including anticoagulant activity, anti-inflammatory effects, angiogenesis inhibition, and antitumor properties.139 These unique characteristics have positioned heparin-based nanomaterials as promising drug delivery platforms. For instance, LMWH-conjugated polymeric micelles have shown significant potential in reducing atherogenesis in murine models by simultaneously addressing vascular inflammation and dyslipidemia.140 Additionally, heparin’s specific binding affinity for heparanase enables effective regulation of the PI3K/AKT/mTOR signaling pathway,141 a critical cascade involved in mediating inflammatory processes.142

    Bionic Nanocarriers

    Protein-Based Nanoparticles

    Serum proteins represent a class of naturally occurring biomacromolecules that possess several advantageous characteristics for drug delivery applications, including exceptional biocompatibility, inherent biodegradability, intrinsic targeting capabilities, minimal toxicity, and low immunogenicity. These proteins contain abundant surface-exposed functional residues such as amino and carboxyl groups, which facilitate chemical conjugation with therapeutic agents and imaging probes. Among the most extensively studied serum protein-based nanocarriers are albumin, ferritin/apoferritin, transferrin, low-density lipoprotein, high-density lipoprotein, and hemoglobin, each demonstrating unique advantages for targeted drug delivery.143,144

    Red Blood Cell (RBC)-Based Nanocarriers

    As the most abundant circulatory cells, RBCs are easily accessible and exhibit several advantageous biological characteristics, including prolonged circulation time, low immunogenicity, and high deformability.145 Their natural ability to freely traverse vascularized tissues makes them ideal candidates for drug delivery applications. Recent studies have shown that functional modification of RBC membranes can significantly enhance their targeting specificity and controlled drug release capabilities.146 Currently, three main approaches are employed for drug loading onto RBCs: drug internalization through hypotonic preswelling techniques;147 drug anchoring on RBC membrane surfaces via covalent or non-covalent coupling methods;145 and drug encapsulation within membrane-derived vesicles.148 Notably, research has demonstrated that selective placement of intravascular catheters combined with intravenous injection of RBC-drug co-delivery systems can significantly enhance drug uptake in downstream target organs.149 However, this delivery system has limitations – RBCs cannot actively deliver drugs to extravascular targets.150 And the loaded drugs may disrupt normal RBC function, potentially leading to hemolysis and cellular aggregation.151,152

    Macrophage-Based Nanocarriers

    Macrophages, as natural immune cells, possess inherent anti-inflammatory properties through their phagocytic activity and innate inflammatory homing capabilities, making them promising cellular carriers for anti-inflammatory therapy. Current research has identified two primary approaches for drug loading into macrophages. The first approach relies on macrophage-mediated phagocytosis to internalize therapeutic agents.153 However, this method faces challenges due to potential drug cytotoxicity to macrophages and drug degradation by lysosomal enzymes. To overcome these limitations, researchers have developed strategies where drugs are first encapsulated within protective nanocarriers such as liposomes or polymeric nanoparticles before being loaded into macrophages.154,155 The alternative approach involves surface conjugation of drugs or drug-loaded nanoparticles to macrophages through covalent or non-covalent interactions.153 While this method avoids lysosomal degradation, it may interfere with critical cellular functions including signaling pathways and adhesion mechanisms.156

    Exosomes

    Exosomes are nanoscale extracellular vesicles (40–160 nm in diameter) secreted by nearly all cell types. These natural vesicles contain a diverse cargo of biologically active components, including proteins, nucleic acids, lipids, cytokines, enzymes, signal transduction proteins, and adhesion molecules.157 Their endogenous composition confers several advantageous properties for drug delivery, such as low toxicity, high biocompatibility, intrinsic targeting ability, and the capacity to cross biological barriers while avoiding immune clearance. However, significant challenges remain in the clinical translation of exosome-based therapies, primarily due to the inefficient isolation from biological fluids and cell culture media, as well as their inherent heterogeneity and complex composition.99 Interestingly, recent studies have identified milk as a promising alternative source of exosomes, as these vesicles demonstrate cross-species tolerance and minimal immunogenicity or inflammatory responses (Figure 3).158

    Figure 3 Classification of nanocarriers and possible drug loading methods. This figure summarizes two major categories of nanocarriers (exogenous and bionic systems) for delivering TCM active ingredients, along with surface modification strategies (antibodies, peptides, monosaccharides, polysaccharides, folic acid, and ligands) to enhance targeting capability in co-delivery systems.

    Nano-TCM Active Ingredient Co-Delivery Systems in Inflammation-Mediated Diseases

    Neuroinflammatory Diseases

    The BBB presents a significant challenge for drug delivery to the central nervous system, particularly for TCM active ingredients.159 To overcome this limitation, various nano-TCM delivery systems have been developed to enhance neuroprotective efficacy.

    Research demonstrates that resveratrol-loaded PLGA and Polyethylene glycol (PEG) nanoparticles effectively cross the BBB, attenuating neuroinflammation and oxidative stress while providing neuroprotection.111,160 Similarly, exosome-encapsulated resveratrol exhibits potent anti-inflammatory effects in both central and peripheral nervous systems.107 These therapeutic benefits appear mediated through modulation of critical signaling pathways including STAT3, NF-κB, MAPK, and AKT.161,162

    In Alzheimer’s disease (AD) pathology, characterized by extracellular amyloid-β (Aβ) aggregation.163 Nanocarrier systems have shown particular promise. Polymeric and silica nanoparticles significantly improve quercetin bioavailability, reducing neuronal apoptosis and Aβ plaque formation in AD models.164,165 Plasma exosome-delivered quercetin similarly ameliorates cognitive deficits in AD mice.166

    Curcumin nanoformulations demonstrate multimodal neuroprotection by inhibiting M1 microglial activation, suppressing pro-inflammatory cytokines (TNF-α, IL-1β), and preserving BBB integrity during cerebral ischemia-reperfusion injury.167

    Honokiol delivery systems exhibit excellent oral bioavailability and potent anti-AD effects, including reduced neuroinflammation (TNF-α, IL-6, IL-1β), suppressed glial activation, and decreased Aβ deposition.168 Intravenous honokiol nanocapsules additionally show efficacy in autoimmune encephalomyelitis models.169

    While ginsenosides possess inherent neuroprotective properties, their poor BBB penetration limits clinical application.170 Innovative solutions include transferrin receptor-targeted nanoparticles for sustained Rg1 release in diabetic cerebral infarction,171 and macrophage membrane-coated G-Rg3 delivery systems that enhance brain targeting in ischemic injury (Table 1).172,173

    Table 1 Nano-TCM Active Ingredient Co-Delivery Systems for Neuroinflammatory Diseases

    Inflammatory Lung Disease

    The lipid core nanocapsule-resveratrol co-delivery system demonstrates remarkable stability, enhanced oral bioavailability, and preferential lung accumulation. This formulation effectively mitigates ALI in murine models by suppressing ERK and PI3K/AKT pathway activation, thereby reducing both inflammatory responses and oxidative stress.174 Further enhancing targeting precision, folate-modified exosomes have been engineered to specifically deliver resveratrol and celastrol to M1 macrophages. This approach significantly inhibits M1 polarization in pulmonary macrophages, attenuates cytokine storm severity, and improves survival rates in septic mice.175

    Macrophages’ innate capacity for inflammation-directed phagocytosis enables their effective accumulation in inflamed tissues. When employed as quercetin carriers, macrophages demonstrate significant efficacy in alleviating acute pneumonia in murine models.176 An alternative strategy utilizing nanoemulsions co-encapsulating quercetin and curcumin achieves a 99% viral inhibition rate following intranasal administration.120

    Advanced targeting has been achieved through receptor-binding peptide (RBP)-modified exosomes, which selectively deliver curcumin to inflamed lung tissues.177 In ovalbumin (OVA)-induced asthma models, curcumin-loaded nanomicelles exhibit 9.24-fold greater oral bioavailability than free curcumin, accompanied by significantly enhanced anti-inflammatory effects.178

    The bovine serum albumin-bergenin co-delivery system displays exceptional stability while effectively ameliorating ALI through multiple mechanisms: reducing pulmonary inflammatory cell infiltration, suppressing TNF-α production, and enhancing myeloperoxidase activity.179

    For COVID-19-related pathologies, the PEG-albumin-ginsenoside system improves survival in animal models by concurrently inhibiting thrombosis, vasculitis, and cytokine storms via modulation of NF-κB and SREBP2 signaling pathways.180

    Innovative cell membrane-based approaches have utilized MLE-12 pulmonary epithelial cells, selected for their ROS-responsive properties. MLE-12 membrane-coated berberine nanomicelles achieve targeted pulmonary delivery, demonstrating superior therapeutic outcomes compared to free berberine. This system significantly downregulates inflammatory mediators and ameliorates LPS-induced lung injury in mice (Table 2).181

    Table 2 Nano-TCM Active Ingredient Co-Delivery Systems for Inflammatory Lung Disease

    Inflammatory Bowel Disease (IBD)

    Galactose- or folate-modified nanocarriers significantly improve colitis treatment by enhancing resveratrol’s intestinal absorption and transcellular transport.109,110 Similarly, milk-derived exosomes effectively protect resveratrol from degradation in the harsh gastrointestinal environment while maintaining its bioactivity, leading to notable colitis alleviation in rat models.182 The SF nanoparticle-resveratrol system demonstrates therapeutic efficacy against colitis comparable to dexamethasone.183

    ROS-mediated oxidative stress plays a pivotal role in IBD pathogenesis, making ROS targeting a promising therapeutic strategy. The pH/ROS dual-responsive PEG-chitosan nanomicellar system encapsulating quercetin shows minimal drug release under physiological conditions but achieves nearly complete quercetin release in inflamed intestinal regions of IBD mice. This targeted release profile results in significant suppression of pro-inflammatory mediators including TNF-α, IL-6, and iNOS.184

    The CXCL12-CXCR4 axis represents another important target for IBD therapy, as CXCL12 is markedly upregulated in inflamed tissues. Researchers have developed CXCR4-rich cell membrane vesicles that naturally home to inflammatory intestinal regions. These biomimetic vesicles not only facilitate targeted delivery of curcumin but also help evade immune clearance and prolong circulation time due to their native membrane composition (Table 3).185

    Table 3 Nano-TCM Active Ingredient Co-Delivery Systems for IBD

    In both dextran sulfate sodium (DSS)-induced ulcerative colitis and LPS-stimulated macrophage inflammation models, berberine-loaded PLGA nanoparticles (BPL-NPs) exhibit superior water solubility and bioactivity compared to free berberine. The BPL-NPs effectively reduce intestinal epithelial cell apoptosis and restore gut barrier function through selective modulation of the IL-6/IL-6R signaling axis.186

    Rheumatoid Arthritis (RA) and Osteoarthritis (OA)

    The nano-resveratrol co-delivery system demonstrates excellent transdermal penetration capability, efficiently delivering resveratrol into joint cavities to alleviate RA symptoms.187 When administered via intra-articular injection, this system significantly reduces TNF-α levels in knee joints, providing therapeutic benefits in rat OA models.188

    Cadmium telluride semiconductor nanoparticles have been developed to enhance quercetin delivery, showing remarkable efficacy in promoting cartilage regeneration in OA rats through dual mechanisms of augmenting antioxidant enzyme activity and suppressing inflammatory mediator expression.189

    Another promising approach involves the exosome-curcumin system, which targets the regulatory gene hsa-miR-126-3p in chondrocyte metabolism. In IL-1β-induced OA mice, this system effectively reduces chondrocyte catabolism and inflammation by upregulating hsa-miR-126-3p expression and subsequently inhibiting ERK1/2, PI3K/AKT, and p38 phosphorylation.190 Combination therapy using PLGA nanoparticles co-loaded with curcumin and meloxicam demonstrates superior anti-inflammatory effects compared to single-drug treatments in joint inflammation models.191

    The xanthan gum-silver nanoparticle-bergenin system represents an innovative low-dose therapeutic approach, exhibiting enhanced immunomodulatory and antioxidant properties compared to free bergenin.64 This formulation significantly ameliorates OA symptoms in rats through multi-target inhibition of ROS, pro-inflammatory cytokines (IL-1β, IL-6, TNF-α), and Toll-like receptors (TLR-2, TLR-4).

    Similarly, the nanocarrier-CK system effectively mitigates cartilage defects in OA mice by modulating gene expression patterns – downregulating cartilage degradation, inflammation, and lipogenesis markers while upregulating PPAR expression (Table 4).192

    Table 4 Nano-TCM Active Ingredient Co-Delivery Systems for RA and OA

    Conclusion and Future Prospects

    This review systematically summarizes the anti-inflammatory mechanisms of key TCM active ingredients (resveratrol, quercetin, curcumin, bergenin, honokiol, ginsenosides, and berberine), which primarily involve modulation of SIRT1/SIRT3-mediated regulation of NF-κB, MAPK, PI3K/AKT, STAT3, and NRF2/HO-1 signaling pathways. We further elucidate the critical relationship between mitochondrial oxidative stress and inflammatory responses. While these compounds show significant therapeutic potential, their clinical translation has been limited by poor bioavailability, necessitating the development of nano-TCM delivery systems to enhance their pharmacokinetic profiles and therapeutic efficacy.

    Current research on nanocarrier systems demonstrates considerable promise for pharmacological applications. These systems offer several advantages, including established safety profiles, flexible administration routes, and both passive and active targeting capabilities that significantly improve the bioavailability of TCM compounds. Among exogenous nanocarriers, lipid-based systems are particularly valuable for targeted delivery due to their amphiphilic nature, structural stability, biocompatibility, and ease of surface modification. Similarly, polymeric nanoparticles are widely utilized for their high drug encapsulation efficiency. However, potential nanotoxicity associated with certain carriers (eg, inorganic nanoparticles and nanoemulsions) requires careful evaluation. Studies have documented that inorganic nanoparticle accumulation may lead to hepatotoxicity,193 with slow hepatic metabolism and prolonged retention being major contributing factors.194 For instance, 28-day oral administration of silver nanoparticles in rats caused dose-dependent chronic liver injury, evidenced by altered alkaline phosphatase and cholesterol levels, along with inflammatory infiltration in hepatic tissues.195 Comparable findings show that magnetite iron oxide nanoparticles induce chronic pulmonary inflammation and granuloma formation in mice.196 At the molecular level, mesoporous silica and titanium dioxide nanoparticles activate inflammasome pathways,197,198 while repeated silver nanoparticle exposure leads to thymic atrophy, splenomegaly, and lymphocyte suppression.199

    Compared to synthetic nanocarriers, biomimetic nanocarriers utilize endogenous components (eg, erythrocytes, leukocytes, macrophages) through surface functionalization to achieve “self-camouflage”, exhibiting superior properties such as reduced immunogenicity, enhanced biocompatibility, prolonged circulation time, and targeted accumulation at disease sites.19 However, the limited availability of natural source materials poses substantial challenges for large-scale production. Artificial exosomes have emerged as a promising alternative to natural exosomes and warrant further exploration.200 Current technological constraints continue to impede the translation of nanocarrier systems from preclinical research to industrial-scale manufacturing.201 There is an urgent need for comprehensive characterization of nanocarrier properties, including physicochemical parameters, enzymatic stability, morphological characteristics, and storage stability. Parallel research efforts should focus on developing nanocarriers with optimal safety profiles, structural stability, biocompatibility, controlled release kinetics, and high drug-loading capacity. To enhance targeting precision, various surface modification strategies have been investigated, employing ligands, macromolecules (monosaccharides, polysaccharides, peptides, folic acid, antibodies), surfactants, synthetic/natural polymers, and metallic components for nanocarrier functionalization.202

    In inflammation-related diseases, numerous studies have reported nanocarrier systems delivering resveratrol, quercetin, and curcumin. However, research on nanocarriers incorporating honokiol, bergenin, and ginsenosides, and berberine remains limited despite their potent anti-inflammatory and antioxidant properties. Notably, clinical studies evaluating nano-formulated TCM active ingredient delivery systems are still insufficient. Importantly, nanocarriers co-delivering multiple active ingredients and/or therapeutic agents demonstrate superior efficacy compared to single-component formulations. This finding suggests a novel therapeutic strategy: combining nano-formulated TCM systems with conventional medications may achieve enhanced therapeutic outcomes at reduced and safer doses. For functionalized nanocarriers, a key challenge remains the identification of specific receptors and cytokines at lesion sites to enable precise targeting.

    Data Sharing Statement

    Data sharing is not applicable to this article as no new data were created or analyzed in this study.

    Author Contributions

    All authors made a significant contribution to the work reported, whether that is in the conception, study design, execution, acquisition of data, analysis and interpretation, or in all these areas; took part in drafting, revising or critically reviewing the article; gave final approval of the version to be published; have agreed on the journal to which the article has been submitted; and agree to be accountable for all aspects of the work. Chaoqun Sun, Ju Chen, and Shuyou Bai shared the first authorship.

    Funding

    This work was supported by the Youth Science Fund Project of National Natural Science Foundation of China (81600698), Science and Technology Planning Project of Guangdong Province (2023A1414020048), Medical Science and Technology Research Fund Project of Guangdong Province (B2024006), Medical Science and Technology Research Fund Project of Guangdong Province (B2024110).

    Disclosure

    The authors declare no conflicts of interest.

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  • Asian markets dip after Trump’s tariff announcement, PSX soars to record high

    Asian markets dip after Trump’s tariff announcement, PSX soars to record high

    WASHINGTON/KARACHI  – Global financial markets reacted sharply on Monday following U.S. President Donald Trump’s announcement of new tariffs, with Asian stock markets experiencing a notable downturn. However, in a contrasting development, the Pakistan Stock Exchange (PSX) surged to an all-time high.

    The US media reported that the Asia-Pacific markets mostly traded in the red.

    Japan’s Nikkei 225 Index fell by 0.6% during early trading hours. South Korea’s stock index witnessed a sharp decline of 3.2% while Taiwan and Australia’s markets dropped by 0.4% and 0.7% respectively. Hong Kong’s market was an exception as it witnessed a marginal gain of 0.2%.

    The market analysts attributed the negative sentiment to investor concerns over escalating trade tensions sparked by the new US tariff policies.

    In stark contrast, Pakistan’s stock market defied the global trend.

    The PSX reached a historic milestone as the benchmark KSE-100 Index crossed the 141,000-point mark for the first time in the country’s history. The index was seen trading at 141,061 points during the session, signaling growing investor confidence in Pakistan’s economic outlook.

    The financial experts believed the strong performance of the PSX is driven by improved macroeconomic indicators, investor optimism and positive policy measures taken by the government to stabilize the economy.

    US imposes 19% tariff on Pakistan, giving concession compared to India

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  • Openreach engineers trial panic alarms as incidents of abuse and assault soar | Telecommunications industry

    Openreach engineers trial panic alarms as incidents of abuse and assault soar | Telecommunications industry

    From scissors being brandished as weapons to verbal abuse and being trapped during a home visit, the number of reported incidents of abuse and assault on telecoms engineers is on the rise.

    Openreach, the BT subsidiary that maintains the vast majority of the broadband network serving UK homes and businesses, recorded 450 reports of abuse and assault in the year to the end of March.

    The number of incidents involving Openreach employees was up 8% year-on-year, a 40% increase on 2022-23 and seven times the volume reported almost a decade ago.

    Abuse and assault has for the first time become the largest cause of injury to Openreach office staff and its 22,000 field engineers. Managers believe the number of incidents is even higher, as many cases are not reported by staff.

    “I used to be worried about people falling off ladders, road traffic accidents or tripping over potholes,” said Adam Elsworth, health and safety director at Openreach. “But actually we have seen a steady increase in violence and abuse.

    “A quarter of all the accidents we record are now someone being attacked or abused, and it is continuing to rise. And when I look at these incidents I struggle to see the rationale behind the level of escalation.”

    Incidents reported by engineers include being shouted at, sworn at or spat it, the blocking of vehicles, being shaken off stepladders, or pushed down stairs while working at someone’s home.

    There are also reports of racial abuse, inappropriate and threatening behaviour towards female engineers, homeowners preventing staff from leaving and specific incidents such as scissors being brandished like a weapon and a customer repeatedly slamming a vehicle door on an engineer’s leg.

    For Openreach, around half of incidents are in public locations, 45% are at homes and the remainder occur at the company’s yards or estate.

    Elsworth said Openreach was trialling a “panic alarm” on engineers’ mobile phones, which connects them in seconds to a monitoring centre that has the power to directly dispatch emergency services if required.

    “If an engineer is at someone’s home, that is quite a vulnerable space to be,” he said. “Some of the incidents are quite disproportionate and have created a wariness among engineers. When someone has been attacked, they are then thinking every time they knock on a door what could be coming next.

    “A number of these cases do get reported to police, particularly in the case of the more severe ones. It is difficult when there is a threat element.”

    While Openreach faces the largest number of incidents, it is also a growing issue for other telecoms operators.

    Virgin Media O2, which has around 4,000 employees working on its cable network and cell masts, reported 26 incidents last year covering physical encounters, verbal abuse and threatening behaviour.

    However, so far this year the reported number of incidents is up significantly, tracking at a rate that would mean the number doubling for the full year.

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    “Our frontline teams work tirelessly to provide reliable mobile and broadband services millions of customers rely on every day,” said a spokesperson. “A single incident of abuse or threatening behaviour is one too many, and we’re committed to ending workplace violence and keeping our people safe.”

    At Sky the number of incidents involving engineers in the field reached 99 last year, although the company said it was not seeing any upward trend this year.

    Sky said it was back to pre-Covid levels of incidents after an increase during the pandemic, with a peak of 392 reported incidents in 2021.

    The newly-formed VodafoneThree collated about 40 to 50 incidents, while BT-owned EE did not reveal numbers but said that the figure was low.

    Last month, the major telecoms companies were among 100 co-signatories of an open letter from the Institute of Customer Service (ICS) calling on the government to amend the crime and policing bill.

    The bill will make it a standalone offence for assault on a retail worker, the sector that has been the most vocal about the safety and security of staff.

    As it stands the bill does not offer any protection for customer-facing workers across other sectors – including telecoms and infrastructure – with the ICS estimating that about 60% of the UK workforce operates in some form of customer-facing role.

    “You hear about the situation in sectors such as retail, trains, public transport but telecoms is a bit of a forgotten child in this,” said Elsworth. “But when you are talking about engineers in someone’s home, well that’s quite a unique challenge.”

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  • OpenAI CEO Sam Altman warns ChatGPT users’ personal questions could be used in lawsuits | World News

    OpenAI CEO Sam Altman warns ChatGPT users’ personal questions could be used in lawsuits | World News

    ChatGPT may be quick and convenient, but using it for legal questions could backfire in serious ways. Many users aren’t aware that anything they type into the chatbot, even deleted messages, can be retained and used as evidence in legal proceedings. Unlike lawyers, AI tools are not bound by confidentiality or ethical obligations. This means that sharing sensitive legal concerns with a chatbot doesn’t just offer unreliable advice; it may also create a discoverable digital trail, potentially compromising privacy, increasing legal exposure, and causing unintended consequences. Before you confide in AI, it is important to understand these risks and why human legal counsel is still essential for safe, accurate guidance.

    Your ChatGPT conversations are not legally confidential

    In a recent appearance on the This Past Weekend podcast hosted by comedian Theo Von, OpenAI CEO Sam Altman made a candid admission: conversations with ChatGPT are not protected under any kind of legal privilege. “Right now, if you talk to a therapist or a lawyer or a doctor, there’s legal privilege for it,” Altman explained. “There’s doctor-patient confidentiality, there’s legal confidentiality. And we haven’t figured that out yet for when you talk to ChatGPT.” This means if you type out a sensitive legal scenario, say, describing an incident that might amount to a crime or seeking strategic legal advice, that chat can potentially be disclosed in court. According to Altman, OpenAI could be legally compelled to hand over your conversations, even if they’ve been deleted.The consequences of this are serious. Legal experts like Jessee Bundy from Creative Counsel have warned users not to mistake AI for actual legal representation. “If you’re pasting in contracts, asking legal questions, or asking [the chatbot] for strategy, you’re not getting legal advice,” Jessee E. Bundy posted on X (formerly Twitter). “You’re generating discoverable evidence. No attorney-client privilege. No confidentiality. No ethical duty. No one to protect you.” She added that ChatGPT may feel private and helpful, but unlike a licensed attorney, it has no legal obligation to act in your best interest, and it can’t be held accountable for any incorrect advice it generates.

    AI-Generated legal advice isn’t actually legal advice

    When Malte Landwehr, CEO of an AI company, suggested that ChatGPT could still provide useful legal input even if it’s not confidential, Bundy strongly pushed back.“ChatGPT can’t give you legal advice,” she replied. “Legal advice comes from a licensed professional who understands your specific facts, goals, risks, and jurisdiction. And is accountable for it. ChatGPT is a language model. It generates words that sound right based on patterns, but it doesn’t know your situation, and it’s not responsible if it’s wrong.” Calling it “legal Mad Libs,” Bundy stressed that relying on ChatGPT for legal issues is both risky and potentially self-incriminating.

    Deleted chats with AI aren’t safe from legal scrutiny

    User conversations with AI chatbots, including those that have been deleted, may still be stored and subject to disclosure in legal proceedings. As highlighted by ongoing litigation, some companies are required to retain chat records, which could be subpoenaed in court. This includes potentially sensitive or personal exchanges.At present, there is no legal obligation for AI platforms to treat user chats as confidential in the same way communications with a lawyer or therapist are protected. Until laws are updated to account for AI interactions, users should be aware that anything typed into a chatbot could, in some cases, be used as evidence.

    Why it’s best to speak with a human lawyer instead of ChatGPT

    For legal concerns, whether it’s about a contract, criminal matter, or a rights dispute, it’s essential to consult a licensed professional. Unlike AI, lawyers are bound by strict confidentiality, legal privilege, and ethical duties. AI-generated responses may feel private and helpful, but they are not protected, verified, or accountable. While it may be tempting to turn to AI for convenience, doing so for legal issues could expose you to unnecessary risk.As artificial intelligence becomes more common in everyday use, it’s important to recognise its limitations, especially in areas involving legal or personal stakes. Conversations with AI are not protected under legal privilege, and in the eyes of the law, they can be accessed like any other form of communication. Until privacy and legal frameworks are in place for AI, it’s safest to avoid using chatbots for legal questions. For advice you can trust and that will remain confidential, always consult a qualified legal professional.Also Read: Microsoft reveals AI chatbots are rapidly impacting 40 jobs like writers, translators and more; is yours on the list


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  • The inside story of the Murdoch editor taking on Donald Trump | Wall Street Journal

    The inside story of the Murdoch editor taking on Donald Trump | Wall Street Journal

    The danger posed to Donald Trump was obvious. It was a story that not only drew attention to his links to a convicted sex offender, it also risked widening a growing wedge between the president and some of his most vociferous supporters. The White House quickly concluded a full-force response was required.

    It was Tuesday 15 July. The Wall Street Journal had approached Trump’s team, stating it planned to publish allegations that Trump had composed a crude poem and doodle as part of a collection compiled for Jeffrey Epstein’s 50th birthday.

    The claim would have been damaging at any moment, but the timing was terrible for the president. The Epstein issue was developing into the biggest crisis of his presidency. Strident Maga supporters had been angered by the Trump administration’s refusal to release government files relating to the late sex offender.

    Trump and his loyal press secretary, Karoline Leavitt, reached for the nuclear option. From Air Force One, they called the Journal’s British editor-in-chief, Emma Tucker.

    Emma Tucker. Photograph: Bryan Olin Dozier/NurPhoto/Rex/Shutterstock

    They turned up the heat. Trump fumed that the letter was fake. Drawing wasn’t his thing. Threats were made to sue, a course of action he had previously unleashed against other perceived media enemies.

    Washington DC began to hum with rumours that the Journal had a hot story on its hands. When no article materialised on Wednesday, some insiders perceived a growing confidence within the White House that their rearguard action had killed the story. They were wrong.

    DC’s gossip mill had reached fever pitch by Thursday afternoon. The article finally emerged in the early evening. The city collectively stopped to read.

    In the hours that followed publication, the tension intensified. Trump revealed he had confronted Tucker, stating the story was “false, malicious, and defamatory”. By Friday, he had filed a lawsuit suing the Journal and its owners for at least $10bn (£7.6bn).

    Tucker was at the centre of a maelstrom of stress and political pressure. It was the greatest challenge of her two and a half years heading the Journal, but far from the first.

    Two months in, having been parachuted in from London, she was fronting a campaign to have the reporter Evan Gershkovich returned from a Russian prison. She had also faced denunciations from journalists as she pushed through a modernisation drive that included brutal layoffs. Her plans focused on giving stories a sharper edge. On that metric, the Trump call suggested she was overachieving.

    Throughout her rise, an enigmatic quality has surrounded Tucker. Friends, colleagues and even some critical employees describe an amiable, fun and disarmingly grounded person. Many regarded her ability to retain such qualities in the treacherous terrain of the Murdoch empire as uncanny. The puzzle is exacerbated by the assumption she does not share the rightwing, pro-Brexit views of Rupert Murdoch, News Corp’s legendary mogul.

    Yet Murdoch doesn’t hand the Journal to just anyone. While the pro-Maga Fox News is his empire’s cash cow, the Journal is his prized possession, giving him power and respectability in wider US political circles, as the Times does in the UK. So, why Tucker?

    The answer, according to people who have worked with her, is her possession of two qualities Murdoch rates highly: a willingness to make unpopular decisions for the sake of his businesses and a lust for a politically contentious scoop.

    A message calling on Donald Trump to release all files related to Jeffrey Epstein is projected on to the US Chamber of Commerce opposite the White House on 18 July. Photograph: Alex Wroblewski/AFP/Getty

    Lionel Barber, a former Financial Times editor who also worked with Tucker for the FT in Brussels, said: “She has a very sharp nose for a good news story – always did.”

    Tucker edited the University of Oxford’s student magazine, the Isis, and joined the FT as a graduate trainee. “She was a very convivial colleague, great company and good on a night out, but you knew when it came down to the work, she would nail it,” said a colleague. “Very hard-nosed.”

    After stints in Brussels and Berlin, she won a powerful ally in Robert Thomson, then the FT’s foreign editor. Thomson became a close friend to Murdoch, a fellow Australian, while working in the US for the FT. Thomson jumped ship to edit the Times of London in 2002 and in 2008 was dispatched to New York to oversee Murdoch’s freshly acquired Journal. Before he went, Thomson helped lure Tucker to the Times, where she eventually became deputy editor.

    It was her elevation to editor of the Sunday Times in 2020 that seems to have impressed Murdoch. She showed a willingness to make difficult staffing decisions and widened the Sunday Times’s digital ambitions, recasting the pro-Brexit paper to appeal to a wider audience.

    It was there she made an enemy of her first populist world leader. Just months into her tenure, the Sunday Times published a damning account of how Boris Johnson, the then UK prime minister, had handled the Covid pandemic.

    Downing Street erupted, taking the unusual step of issuing a lengthy rebuttal, denouncing “falsehoods and errors”. The paper was called “the most hostile paper in the country” to Johnson’s government, despite having backed him at the previous year’s election. Rachel Johnson, the former prime minister’s sister, is one of Tucker’s closest friends.

    A New York City vendor poses with a copy of the Wall Street Journal on 29 March 2024 with a mostly blank front page to mark the one-year anniversary of the imprisonment in Russia of the reporter Evan Gershkovich. Photograph: Timothy A Clary/AFP/Getty

    “I don’t think she was ever reckless,” said one Sunday Times staffer. “But I think she absolutely wanted to push the boundaries of getting as much into the public domain as she possibly could.”

    Many assumed Tucker’s destiny was to edit the Times, but she was catapulted to New York to run the Journal at the start of 2023, immediately embarking on a painful streamlining process.

    Senior editors were axed. Pulitzer prize winners ditched. The DC bureau, the most powerful, was particularly targeted with layoffs and new leadership.

    One reporter spoke of people crying, another of the process’s serious mental impact. It made Tucker’s editorship divisive, leading to the extraordinary spectacle of journalists plastering her unoccupied office with sticky notes denouncing the layoffs.

    Even some who accepted cuts questioned the methods. Several pointed to the use of “performance improvement plans”, with journalists claiming they had been handed unrealistic targets designed to push them out the door. One described it as “gratuitously cruel”.

    A Journal spokesperson said: “Performance improvement plans are used to set clear objectives and create a development plan that gives an employee feedback and support to meet those objectives. They are being used exactly as designed.”

    The Tucker enigma re-emerged at the Journal, as staff noted the same mix of personable demeanour, enthusiasm for stories and willingness to make cuts.

    Wall Street Journal editors and reporters listen to Emma Tucker speaks about the release of Evan Gershkovich in a successful prisoner exchange in Turkey between the US and Russia on 1 August 2024. Photograph: Chase Gaewski/Wall Street Journal/WSJ/Reuters

    “She’s very emotionally intelligent – like, the 99th percentile,” said one. They said morale had improved more recently. New hires have followed.

    A cultural shift on stories also arrived. What emerges is a Tucker Venn diagram. At its overlapping centre lie stories with two qualities: they cover legitimate areas of public importance and aim squarely at eye-catching topics with digital reach.

    Tucker gave investigative reporters the examples of Elon Musk and China as two potential areas. Some complained the topics were “clickbaity”. However, one journalist who had had reservations conceded: “Musk turned out to be a pretty good topic.” Tucker’s use of metrics around web traffic and time spent reading a story irked some reporters.

    Headlines were made more direct. Honorifics such as “Mr” and “Mrs” were ditched. There was a ban on stories having more than three bylines. “She loosened a lot of the strictures that we had,” said one staffer. “We’re encouraged to write more edgy stories.”

    Positioning the Journal as a punchy rival to the liberal New York Times juggernaut may be a good business plan, but doing so while not falling foul of Murdoch’s politics remains a delicate balance.

    “There’s a particular moment now where the Wall Street Journal has to prove its mettle as the pre-eminent business and financial markets media organisation,” said Paddy Harverson, a contemporary of Tucker’s at the FT, now a communications executive. “They’re up against Trump, yet they have an historically centre-right editorial view. She has guided the paper along that tightrope really well.”

    Allies said Tucker laid a marker of intent in terms of punchy stories when she published an article on the alleged cognitive decline of Joe Biden. It was initially described as a “hit piece” by the Biden administration. Some see the Epstein story as the latest evidence of Tucker’s shift.

    There are journalists, however, who blame Trump’s response for giving the story attention it simply didn’t warrant. Others disagree about the extent of Tucker’s changes, pointing to the Journal’s history of breaking contentious stories, including the hush money paid to Stormy Daniels. However, the net result of the Epstein letter saga has been to draw attention to Tucker’s attempted change in tone.

    Trump’s lawsuit means the furore may only just be beginning. Many seasoned media figures assume Murdoch, who does not respond well to bullying, will not back down. However, neither billionaire will relish having to face depositions and disclosures. Any settlement from Murdoch could put pressure on Tucker, depending on its details.

    Dow Jones, which publishes the Journal, has said it has “full confidence in the rigour and accuracy of our reporting, and will vigorously defend against any lawsuit”. The courts may yet reject Trump’s case.

    “I don’t think [Murdoch] will just flop over,” said Barber. “The issue here is that Trump went around boasting that he killed the story … For an editor, that’s very difficult. But I’m pretty damn confident there’s no way [Tucker] would publish without having it properly sourced.”

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  • Meta to share AI infrastructure costs via 2bn dollars asset sale

    Meta to share AI infrastructure costs via 2bn dollars asset sale

    (Reuters) – Meta Platforms (META.O) is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to power artificial intelligence, disclosing plans in a filing on Thursday to offload $2 billion in data center assets as part of that strategy.

    The strategy reflects a broader shift among tech giants — long known for self-funding growth — as they grapple with the soaring cost of building and powering data centers to support generative AI.

    The social media giant said earlier this week that it was exploring ways to work with financial partners to co-develop data centers to help finance its massive capital outlay for next year.

    “We’re exploring ways to work with financial partners to co-develop data centers,” Meta Chief Finance Officer Susan Li said on a post-earnings conference call on Wednesday.

    While the company still expects to fund much of its capital spending internally, some projects could attract “significant external financing” and offer more flexibility if infrastructure needs shift over time, Li said.

    The company did not have any finalized transactions to announce, she said.

    The disclosure in Meta’s quarterly filing, however, signals that plans are firming up.

    In its quarterly filing on Thursday, Meta said it had approved a plan in June to dispose of certain data center assets and reclassified $2.04 billion worth of land and construction-in-progress as “held-for-sale”.

    These assets were expected to be contributed to a third party within the next twelve months for co-developing data centers.

    Meta did not record a loss on the reclassification, which values the assets at the lower of their carrying amounts or fair value less costs to sell. As of June 30, total held-for-sale assets stood at $3.26 billion, according to the filing.

    Meta declined to comment for this story.

    CEO Mark Zuckerberg has laid out plans to invest hundreds of billions of dollars into constructing AI data center “superclusters” for superintelligence.

    “Just one of these covers a significant part of the footprint of Manhattan,” he said.

    The Instagram and WhatsApp owner on Wednesday raised the bottom end of its annual capital expenditures forecast by $2 billion, to $66 billion to $72 billion.

    It reported stronger-than-expected ad sales, boosted by AI-driven improvements to targeting and content delivery. Executives said those gains were helping offset rising infrastructure costs tied to its long-term AI push.


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