NEWS
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Microsoft in negotiations for $1 billion cloud tools deal with Amazon
18 Oct 2023
Microsoft wants to bring Amazon.com, as a customer, the 365 cloud productivity tools. The deal between them would reportedly be worth around $1 billion.
Foxconn and Nvidia partner together to build AI factories
18 Oct 2023
Foxconn will attempt to build artificial data factories using Nvidia chips and software, which will be used in products such as self-driving cars
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China’s Belt and Road Initiative will shift to a greener approach after a decade of big projects and big debt
17 Oct 2023
The Belt and Road Initiative, which was undertaken by China a decade ago, looks to become smaller and greener.
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Country Garden's offshore debt in default risk without payment
17 Oct 2023
If China's largest property developer, Country Garden, fails to make a $15 million coupon payment on Tuesday, October 17, 2023,
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LinkedIn will cut 668 more jobs amid slow revenue growth
17 Oct 2023
LinkedIn, which is owned by Microsoft, stated on Monday, October 16, 2023, that it would have to cut 668 jobs across various departments
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Australian regulatory committee fines Elon Musk's social media platform X for child abuse prevention failures
16 Oct 2023
Elon Musk’s social media platform X has been fined by an Australian regulator for failing to cooperate with a probe into anti-child abuse practices.
U.S. pharmacy store Rite Aid files for bankruptcy protection amid several lawsuits
16 Oct 2023
Rite Aid filed for Chapter 11 bankruptcy on Sunday, October 15, 2023, taking a step to suspend the lawsuits against the drugstore chain related to its alleged
Sir Jim Ratcliffe close to buy 25% of stake in Manchester United Football Club
16 Oct 2023
After months of negotiations and several bids being rejected, Qatari prince and investor Sheikh Jassim bin Hamad bin Khalifa Al Thani pulled out of the race
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Report: Record high U.S. electric vehicle sales lead to Tesla's market share decline
13 Oct 2023
The United States saw a drastic rise in the sale of electronic vehicles (EVs), with more than 300,000 units sold for the first time in the third quarter.
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Wadias to exit Go First, show no interest in bidding for grounded airline
13 Oct 2023
Go First Airlines former owners, Wadia Group, have no interest in making a bid for the airline amid legal disputes and insolvencies. According to reports, only two candidates have shown expressions
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Indian employers anticipate AI to generate new jobs in 1-5 years, with over 85% optimistic, reveals survey
13 Oct 2023
Indeed, a global hiring platform conducted a global survey on the potential of artificial intelligence (AI) being used in the workplace.
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The Government of India delays new PLI schemes until it verifies the success of the existing ones
12 Oct 2023
The Government of India has decided to delay the introduction of production-linked initiatives (PLI) for additional sectors until the existing initiatives produce positive results.
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