Tag: fast
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Wall Street gains as healthcare stocks rally, oil prices fall
NEW YORK: Wall Street’s main indexes climbed on Tuesday (Oct 20) as healthcare stocks hit a record high and easing oil prices boosted investor sentiment, while markets continued to stabilise following last week’s technology-led selloff.Brent crude was trading 1.3 pe
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Meta’s global affairs officer Joel Kaplan to leave company after 15 years
Oct 20 : Meta Platforms’ chief global affairs officer Joel Kaplan will leave the company next year after 15 years there, a spokesperson told Reuters on Tuesday.President and Vice Chairman Dina Powell McCormick will add external affairs to her portfolio, the spokesperson said. • The move comes ahead o
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Meta tells Brazil court it treats Lula and Bolsonaro campaigns equally
BRASILIA, Oct 20 : Meta Platforms, owner of Facebook, Instagram and WhatsApp, told Brazil’s Superior Electoral Court on Tuesday that it has adopted measures to ensure equal treatment of President Luiz Inacio Lula da Silva’s and Senator Flavio Bolsonaro’s presidential campaigns on its platforms.The filing cam
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German regulator fines Nomura over Commerzbank disclosure breaches
Oct 20 : German financial regulator Bafin said on Tuesday it had fined Japanese investment firm Nomura Holdings €320,000 ($359,000) for failing to disclose voting rights in Commerzbank as UniCredit built its stake in the German lender.• The regulator said Nomura did not submit voting rights notifications
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South Africa seize control as captain Bavuma provides the heroics
GQEBERHA, South Africa, Oct 20 : South Africa captain Temba Bavuma led a record-breaking run feast for his side, scoring 179 as the home side turned around their fortunes against Australia before declaring on 425 for nine wickets on the third day of the second test on Tuesday.Australia lost a wicket in the fi
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Otter.ai raises $320 million in non-equity financing to expand enterprise business
Oct 20 : AI meeting-transcription company Otter.ai said on Tuesday it had closed $320 million in growth financing from General Catalyst’s Customer Value Fund to expand its enterprise business and international reach.The financing is repayable rather than equity, avoiding shareholder dilution, CEO Sam Liang to
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AI startup ASI valued at $3 billion in latest funding round
Oct 20 : Artificial intelligence startup ASI said on Tuesday it had raised $325 million in a funding round valuing the company at $3 billion, amid growing investor appetite for AI software used in real-world applications.Here are more details:• The Series C round was led by Spark Capital, with partic
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UEFA demands answers from FIFA over Infantino presidency
Oct 20 : UEFA has sent a letter to FIFA seeking answers by November 2 about Gianni Infantino’s presidency, including questions over the FIFA Forward Enterprise (FFE) project and the FIFA Peace Prize.European soccer’s governing body UEFA has led calls for Infantino to resign since he proposed the now-abandoned
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Dollar dips on AI worries, euro edges up despite French unrest
NEW YORK, Oct 20 : The US dollar slipped on Tuesday as doubts over the AI trade resurfaced, while the euro edged up despite traders’ lingering worries about unrest in France.Shares in South Korean AI services firm Elice Group plunged 32 per cent in their Seoul market debut, a sign that negative sentiment towa
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Villa’s Wan-Bissaka sidelined for weeks, Manzambi out with minor knock
Oct 20 : Aston Villa right-back Aaron Wan-Bissaka will be out for three to four weeks with a hamstring injury, while midfielder Johan Manzambi has also been sidelined with a minor knock, manager Unai Emery said on Tuesday.Both players were injured in Saturday’s 1-0 Premier League win at Newcastle United, wher
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