Category: News
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Protesters storm parliament, set sections on fire
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Sections of Kenya’s parliament caught fire on Tuesday as protesters overpowered police to storm the complex where lawmakers had just passed a controversial bill that would impose a raft of new taxes. A medic outside Parliament said that at least 50 people were injured by gunshots, while police clashed with…
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HSBC Joins UK Banks in Cutting Mortgage Rates
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HSBC has announced cuts to its mortgage interest rates, joining Barclays and NatWest in a move that follows hints from the Bank of England about the possibility of a key interest rate cut over the summer. Barclays cut fixed-rate home loan costs for new deals on Tuesday, with HSBC’s cuts…
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JFrog buys Israeli AI co Qwak for $230m
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JFrog (Nasdaq: FROG) is purchasing a startup Your strength For $230 million in a purely Israeli deal in the field of artificial intelligence. JFrog is acquiring the Qwak AI platform in order to expand its activities in AI in general and MLOps (maintenance) in particular, in addition to managing and…
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Safety Shot Announces Strategic Partnership with Chip Quigley and Ari Freedman By Investing.com
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executive managers will support Company with Deep experience in the entertainment fieldDevelopment and distribution Jupiter, Florida., June 25, 2024 /PRNewswire/ — Safety Shot (Nasdaq: SHOT) today proudly announces a strategic partnership with… Chip QuigleyFounder and CEO of Kingdom Entertainment GroupAnd Ari Friedmanan experienced executive at Surge Brands, to advise across…
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Nasdaq jumps as Nvidia turns a corner
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US stocks were broadly flat on Tuesday, with artificial intelligence chipmaker Nvidia (NVDA) eyeing a cautious comeback from a three-day slide, as investors unloaded their portfolios at the end of the quarter. The Nasdaq Composite (^IXIC) rose nearly 0.7%, while the S&P 500 (^GSPC) rose 0.2%. The Dow Jones Industrial…
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Wolfspeed’s new factory reaches milestone, Durham plant incident affects outlook
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TomekD76/iStock via Getty Images wolf speed(New York Stock Exchange: Wolf) A new silicon carbide manufacturer in Mohawk Valley, New York, has reached 20% chip start-up, a critical milestone, but an incident at its Durham, North Carolina, facility prompted the semiconductor company to update its guidelines. Involved decreased 1% during Pre-market…
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Nvidia: over $500bn wiped off value in 3 days in record drop
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Nvidia’s Jensen Huang began learning the meaning of the phrase “the higher they go, the harder they fall.” After briefly outperforming Microsoft and Apple last week – and indeed entire European stock markets – the company behind the AI chip boom saw the fastest single divestment in history. Over the…
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Police fire teargas as Kenya anti-tax protesters demonstrate nationwide
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Police fired tear gas to disperse demonstrators in the capital, Nairobi, on Tuesday, as a nationwide demonstration against proposed tax increases began. Organizers also called for a general strike against the finance bill, which aims to collect $2.7 billion in additional taxes as part of an attempt to tame a…
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UK Children’s Parliament Top Team Interviews AI Visionary Emad Mostaque, Sparking Groundbreaking Taskforce
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At a landmark meeting in the House of Lords, the UK Children’s Parliament senior team took part in a thought-provoking dialogue with Imad Mushtaq, co-founder of Stability AI and now Schelling AI, an AI visionary. This unprecedented interaction between young minds and a leading figure in the development of artificial…
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Paul Singer Is Pitching Wall Street’s Own Brand of MAGA
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Breadcrumb Trail Links PMN Business Manhattan Institute raised nearly $200 million over the past decade to wage its war on “wokeness” Author of the article: Bloomberg News Simone Foxman, Emily Birnbaum and Jeff Green Published Jun 25, 2024 • 10 minute read You can save this article by registering for free…
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Google leases 20 floors in new Tel Aviv tower
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Income-producing real estate companies Amot Investments Ltd. announced. (TASE:AMOT) and Bayside Land Corp. Ltd. (Gav Yam) (TASE:BYSD1), which is currently building the ToHa2 tower in Tel Aviv, has officially signed an agreement with Google to lease 60,000 square meters in the tower for NIS 155 million annually. The agreement is…
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Lantronix to Demo Percepxion Edge AI Solution Prototype at Qualcomm AI Workshop on June 25, 2024 By Investing.com
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Lantronics (NASDAQ:) will preview Percepxion’s seamless integration with the Qualcomm (NASDAQ:) AI Hub IRVINE, Calif., June 25, 2024 (GLOBE NEWSWIRE) — Lantronix Inc. announced… (NASDAQ: LTRX), a global leader in computing, connectivity and IoT solutions, today announced that it will demonstrate the seamless integration of the Percepxion™ Edge AI Solution…
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Vietnam’s VinFast looks to tiny EV, priced at less than $10,000, to change its fortunes
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HANOI, Vietnam (AP) — Vietnamese automaker VinFast, briefly the world’s third-most valuable automaker, has a big problem: It can’t sell enough cars. Idle factories are bleeding money and the company’s financial health is at stake. Finding the U.S. market difficult to penetrate, Vinfast hopes its smallest and cheapest car to…
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PwC survey: Next Great Resignation wave driven by overworked, underpaid employees
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More people are now considering their options as they increasingly feel overworked and underpaid amid continuing cost pressures. Employees feel so engaged at work that far more people are considering quitting now than during the mass resignations we saw in 2022, audit firm PwC found in its global survey of…
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PwC survey: Next Great Resignation wave driven by overworked, underpaid employees
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More people are now considering their options as they increasingly feel overworked and underpaid amid continuing cost pressures. Employees feel so engaged at work that far more people are considering quitting now than during the mass resignations we saw in 2022, audit firm PwC found in its global survey of…
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How big businesses dodged Sh150 billion in taxes
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The Kenya Revenue Authority (KRA) has failed to collect more than Sh150 billion in taxes, as 3,674 taxpayers, most of them major companies, failed to report business transactions worth nearly half a trillion shillings, exposing the scams used by the companies. To evade taxes. The Auditor-General revealed that in the…
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Emma Bridgewater’s Pottery Empire Faces £1.4m Loss Amid Rising Costs
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Iconic British pottery designer Emma Bridgewater has announced a loss of nearly £1.4 million for her homewares brand, due to deep discounts and increased online competition. This contraction follows a £1.1m profit the previous year. The Stoke-on-Trent-based company, which Bridgewater founded herself, saw a 9% rise in sales to £36.2m…
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Bunker Hill Announces Election to Issue Shares in Satisfaction of Debenture Interest Payment Obligations
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on June 24, 2024 • 6 minute…
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Timora Fund appoints Yossi Mautner as VP business development
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Temora Real Estate Fund has appointed Yossi Mautner to the position of Vice President of Business Development as it continues to expand its activities and strengthen its management team. Mautner, whose most recent positions (2018-2022) were CEO and Business Development Director of the Selena Hotel chain in Israel, will lead…
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Salesforce executive sells over $15k in stock By Investing.com
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Share CEO of Salesforce, Inc. (NYSE:) Sundeep G. Reddy, the company’s executive vice president and chief accounting officer, recently entered into transactions related to the company’s stock, according to its latest SEC filings. Reddy sold a total of 65 shares of common stock at an average price of $242.3233, resulting…