Tag: fast
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Mancini says ‘double contract’ during Man City tenure ‘not my concern’
Sept 28 : Roberto Mancini, who led Manchester City to their first top-flight title in over four decades in 2012, has brushed aside concerns over a “double contract” the Italian is alleged to have had in his four-year spell as the Premier League club’s manager.German magazine Der Spiegel reported in 2018 that
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Apple, Amazon face revived UK consumer lawsuit over product sales
LONDON, Sept 28 : Britain’s Competition Appeal Tribunal allowed part of a revived consumer lawsuit against Apple and Amazon to proceed on Monday over claims they restricted competition.The lawsuit alleges Apple and Amazon agreed in 2018 to limit which sellers could offer Apple and Beats-branded products on Am
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AI agent firm Instinct raises $1 billion in latest funding round
Sept 28 : AI agent firm Instinct said on Monday it has raised $1 billion at a $10 billion valuation in a Series C funding round. The round drew investments from Sequoia Capital, Benchmark Capital and Coatue, Instinct said in a statement. San Francisco, California-based Instinct is developing a personal
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Satellite firm Astro Digital to go public in $587 million SPAC deal
Sept 28 : Satellite maker Astro Digital said on Monday it had agreed to go public through a merger with blank-check company Proem Acquisition Corp I, in a deal valuing the company at about $587 million.Here are some details:• Early-stage space companies are increasingly turning to SPAC mergers to tap
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Defense tech firm REDLattice strikes SPAC deal to go public in US
Sept 28 : REDLattice has agreed to go public in the US through a special purpose acquisition deal with blank-check firm Bold Eagle Acquisition, the companies said on Monday. The transaction values the US-based defense technology company at a pre-money enterprise value of $1.25 billion.Here are some det
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SpaceX’s Starship launches on 14th flight, first headed to orbit
STARBASE, Texas, Sept 28 : – SpaceX’s next-generation Starship rocket lifted off from Texas on Monday for its debut flight to orbit and first operational release of satellites, marking its 14th launch ahead of a routine service that Elon Musk’s company expects to begin later this year.
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Seligman Ventures doubles capital to $1 billion as AI boom revives hardware bets
Sept 28 : Seligman Investments has doubled the deployable capital of its venture arm to $1 billion less than a year after launching it, betting that the physical bottlenecks of the artificial intelligence buildout will produce the next wave of large technology companies, its executives told Reuters.Seligma
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Cerebras to supply AI systems to cloud computing startup Gimlet Labs
SAN FRANCISCO, Sept 28 : Cerebras Systems plans to supply AI chips and hardware with capacity to consume roughly 100 megawatts to startup Gimlet Labs to help run its cloud computing business, the companies said on Monday.The deal between Gimlet and Cerebras is part of rising interest from AI companies in proc
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Stocks fall; bond market flips to ‘higher for longer’ mode
LONDON, Sept 28 : Global stocks fell on Monday, as oil jumped on the stalemate in US-Iranian talks and action in the Treasury market pointed to investors preparing for interest rates to rise and remain higher for a protracted period of time.Over the weekend, US President Donald Trump rejected an Iranian prop
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Trump Jr.-backed Unusual Machines, US asset manager invest $10 million in Canada’s Draganfly
Sept 28 : Donald Trump Jr.-backed Unusual Machines and an unnamed US asset management company have invested $10 million in Canadian drone services firm Draganfly, as defense sector investments gather pace amid persistent geopolitical tensions.Draganfly said on Monday it would use the proceeds to accelerate th
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