Author: Investor Empires
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Disney’s Pixar Animation to lay off about 14% of workforce By Reuters
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By Don Chmielewski (Reuters) – Pixar Animation Studios, which produced classic films such as Toy Story and Up, began laying off about 14% of its workforce on Tuesday as development of the original broadcast series is scaled back, according to a source familiar with the development. Approximately 175 people will…
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Velar And Bitlayer Collaborate To Launch The World’s First BTC-Based Perpetual Decentralized Exchange
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Defi has been around but for the first time there is something called Bitcoin DeFi. The cryptocurrency landscape has witnessed a significant shift over the past year, with Bitcoin (BTC) leading the charge. After starting 2023 with a valuation of around $25,000, the world’s largest cryptocurrency has risen more than…
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Tesla rushing to give rental companies big discounts amid plunging EV resale values
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Retail customers may approve of Tesla’s habit of announcing sudden, sharp price cuts on its electric cars. The same cannot be said for corporate customers such as rental and leasing companies, which rely on cars holding their value in the resale market. We’ve seen this in the US with Hertz,…
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Tesla rushing to give rental companies big discounts amid plunging EV resale values
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Retail customers may approve of Tesla’s habit of announcing sudden, sharp price cuts on its electric cars. The same cannot be said for corporate customers such as rental and leasing companies, which rely on cars holding their value in the resale market. We’ve seen this in the US with Hertz,…
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FMAS:24: “Interoperability Is Key in Creating an Ecosystem of Inclusive Payment Society”
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The Finance Magnates Africa Summit 2024 (FMAS:24) is currently being held in Johannesburg, South Africa, at the Sandton Convention Centre. This much-anticipated event brings together professionals for insightful discussions, networking opportunities and demonstrations of the latest innovations. FMAS:24 opened registration for attendees, who eagerly entered the venue today at 11…
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Avalanche Price Prediction | Is AVAX a Good Investment?
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On May 21, 2024, Avalanche (AVAX) saw a 12% jump, reaching $41.02, according to CoinMarketCap. This hike came after the avalanche Announce Successful tokenization of Wine Capital Fund by Oasis Pro, now listed on ATS via Avalanche C-Chain. While the current price is far from its peak of $146.22 in…
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Can trading support Kenya’s entrepreneurial spirit? – Business Daily
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The Kenyan economy has always been a great strength. As of 2020, it outperformed the economies of most African countries, and remains East Africa’s largest and most prosperous economy. Moreover, despite the significant challenges it has faced in recent years, the Kenyan economy is growing. In 2022, GDP growth reached…
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BofA turns bullish on EUR/CAD amid rate and commodity signals By Investing.com
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Bank of America (BofA) has shifted its stance to a bullish view on EURCAD () for the current week. The bank’s positioning analysis indicates that the immediate upside trend is expected to continue. In addition, Bank of America’s Cross-Asset Risk Analysis System (CARS) model supports a bullish outlook for the…
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COTI V2 Developer Network Goes Live, Unveils Privacy-Centric Possibilities
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Web3 infrastructure developer COTI has unveiled a developer network ahead of its upcoming launch of its Ethereum-based layer 2 network COTI V2. According to a press release sent to CryptoPotatothe COTI V2 developer network was launched, bringing a new layer of secrecy and advanced obfuscation protocols to the blockchain. COTI…
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COTI V2 Developer Network Goes Live, Unveils Privacy-Centric Possibilities
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Web3 infrastructure developer COTI has unveiled a developer network ahead of its upcoming launch of its Ethereum-based layer 2 network COTI V2. According to a press release sent to CryptoPotatothe COTI V2 developer network was launched, bringing a new layer of secrecy and advanced obfuscation protocols to the blockchain. COTI…
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UK Government Plans Training ‘Bootcamps’ to Address Worker Shortages Amid Immigration Cuts
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The UK government is set to introduce skills “boot camps” to train unemployed individuals for jobs in sectors such as hospitality, social care and logistics. The initiative, announced by Mel Stride, Secretary for Work and Pensions, aims to address the potential shortage of workers resulting from the crackdown on migrant…
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Canada April CPI 2.7% versus 2.7% expected
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Previous month 2.9% Consumer Price Index (CPI) monthly: 0.5% vs. 0.6% estimate Basic measures Bank of Canada Core Consumer Price Index (CPI) YoY +1.6% vs. 2.0% previously Bank of Canada Consumer Price Index (CPI) monthly core at 0.2% versus 0.5% previously Core CPI rose monthly YoY by 0.0% versus 0.1%…
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Expert Slams SEC Chairman For Lack Of Clarity On Ethereum’s Regulatory Status
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As a discussion regarding EthereumAs the Ethereum situation heats up, SEC Chairman Gary Gensler has come under fire from well-known cryptocurrency market observer and Cinneamhain Ventures founder Adam Cochran for the continued lack of clarity surrounding Ethereum regulations. Cochran Cash He focuses on what he believes is the SEC’s erratic…
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Loblaw boycott boosts independent stores and grocery alternatives
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Breadcrumb links Retail marketing News Edmonton’s feed market saw sales rise 57 per cent during the first half of May Article writer: Canadian Press Rosa Saba Posted on May 21, 2024 • Last updated 0 minutes ago • 4 minutes read You can save this article by registering for free…
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AstraZeneca shares rise as pharma group unveils 2030 revenue target By Investing.com
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Investing.com – UK-listed shares in AstraZeneca (LON:) rose in morning trade on Tuesday after the pharmaceutical giant announced a new revenue target of 2030. In a statement ahead of an investor event touting a “new era of growth,” AstraZeneca said it now expects to achieve total revenues of $80 billion…
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Institutional Bitcoin Adoption: Insights from Nathan McCauley, CEO of Anchorage Digital
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At the World of MicroStrategy: Bitcoin for Enterprise conference, Nathan McCauley, co-founder and CEO of Anchorage Digitalshared his thoughts on the increasing rate of institutional Bitcoin adoption. Anchorage Digital, the only federally chartered Bitcoin bank and leading institutional custodian, plays a critical role in facilitating this transformation of Bitcoin into…
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S&P sees slow recovery for Israel
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In a special update on the Israeli economy, international rating agency Standard & Poor’s expressed pessimism about the speed of the post-war recovery that can be expected, despite the jump in GDP announced in the first quarter. “Israel’s first-quarter GDP estimates released by the Central Bureau of Statistics (CBS) on…
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Bybit Crosses 30 Million User Threshold amid Sixfold Volume Jump
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Cryptocurrency exchange Bybit has surpassed 30 million registered users globally. The exchange, one of the largest by spot volume, has increased its customer base by 10 million over the past six months. Bybit exceeds 30 million registered users At the end of November last year, Bybit celebrated its fifth anniversary…
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BitMEX Founder Predicts ‘Crypto Valhalla’: When Will It Start?
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In his latest work article Titled “The Easy Button,” Arthur Hayes, founder of cryptocurrency exchange BitMEX, delves into the dynamics of global monetary policies and their subsequent connections to what he describes as the impending “Crypto Valhalla.” Hayes analyzes the political maneuverings of the world’s major economies, particularly Japan, the…
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IBM to roll out more open-source AI models, strikes deal with Saudi Arabia By Investing.com
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International Business Machines (NYSE:) announced on Tuesday that it will release a set of AI models as open source software and will help Saudi Arabia train its AI system in Arabic. Unlike competitors like Microsoft (NASDAQ:), IBM It adopts an open-access approach similar to Meta Platforms (NASDAQ:), making its “Granite”…