Category: Specialized & Regional
Specialized & Regional Networks
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Market research firm AlphaSense nearly doubles valuation to $7.5 billion in new funding round
June 3 : Market intelligence platform AlphaSense said on Wednesday it has raised $350 million at a valuation of $7.5 billion, nearly double that of its previous funding round.The round was led by Vitruvian Partners, Accenture Ventures, and J.P. Morgan Asset Management, with new investors including D. E. Shaw
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EU targets Big Tech dependence with ‘made-in-Europe’ drive
BRUSSELS, June 3 : The European Commission proposed new laws on Wednesday to boost domestic cloud, AI and semiconductor industries, aiming to cut reliance on U.S. Big Tech in a move that could ratchet up transatlantic tensions.The Cloud and AI Development Act and Chips Act 2.0 form part of Europe’s push for t
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EU plans energy standards for data centres amid concerns over soaring power use
BRUSSELS, June 3 : The European Union will develop minimum energy-efficiency standards for data centres, it said on Wednesday, as concerns grow over their rapidly rising power use.EU data centre capacity is expected to more than double in the coming years, reaching 28 gigawatts by 2030 from 12 GW last year. T
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Deadly drone strike on Kuwait airport as Iran, US trade fire
KUWAIT CITY: An Iranian drone strike on a passenger terminal in Kuwait’s international airport killed one person and wounded 63 more on Wednesday (Jun 3), Kuwaiti officials said, as conflict escalated between Tehran a
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GOP Sen. Tillis slams Trump intelligence pick Pulte: ‘Don’t think he has a prayer’
Pulte is widely viewed as a Trump loyalist who has targeted the president’s political foes during his tenure leading the housing regulatory agency.
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Here are Wednesday’s biggest analyst calls: Nvidia, Apple, Micron, SanDisk, IBM, Viking, Yum, Meta & more
Here are Wednesday’s biggest calls on Wall Street.
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Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
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Trump sanctions force Meliá to quit 15 hotels in Cuba
Meliá has announced that it is halting operations at 15 Cuban hotels. Iberostar did so on 1 June at 12 hotels, bowing to US sanctions on Gaesa, the military group controlling tourism.
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The three reasons why oil is staying below $100 a barrel
Power Insider: With so many problems still around Iran and the Strait of Hormuz, why are oil prices so far off from their recent highs?
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Video. Empty stations and cancelled trains as nationwide strike hits Portugal
Video. A general strike in Portugal disrupted transport, schools and hospitals as unions protested labour reforms they say weaken workers’ rights.
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