Month: March 2024
Reddit searching for a valuation of up to $6.5 billion in IPO
In this photograph illustration, the Reddit brand is shown on a mobile telephone and computer keep an eye on on February 13, 2024 in Los Angeles, California. Mario Tama | Getty Illustrations or photos Reddit is seeking a valuation of up to $6.5 billion in its approaching IPO, according to a particular person acquainted with […]
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NASA shuts down $2 billion satellite refueling project after Maxar is cited for poor performance
A “grapple test” of the spacecraft’s robotic servicing arm. NASA NASA is shutting down a $2 billion project to test satellite refueling in space, it announced on Friday, after the agency’s auditor criticized the program’s lead contractor Maxar for poor performance. The space agency said in a statement that the OSAM-1, or “On-orbit Servicing, Assembly, […]
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Nissan, Fisker in advanced talks on financial investment, partnership, resources explain to Reuters
A Nissan badge is connected to the grill of a 2013 Nissan Pathfinder on December 3, 2012 in Niles, Illinois. Nissan Motor Co is recalling extra than 300,000 SUVs in the United States around an concern in which the hood out of the blue opens, obstructing the driver’s look at and growing the threat of […]
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Judge rejects AstraZeneca’s challenge to Medicare drug price negotiations
Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services building in Washington, D.C., on Oct. 6, 2022. Anna Moneymaker | Getty Images A federal judge on Friday rejected AstraZeneca‘s legal challenge to Medicare’s new power to negotiate the prices of certain costly prescription drugs with […]
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Biden announces U.S. will airdrop food support into Gaza
Palestinians maintain out their empty containers to be stuffed with foods, dispersed by charity corporations, driving bars considering that they are unable to get hold of primary food items provides owing to the embargo imposed by Israeli forces in Rafah, Gaza on February 25, 2024. Abed Zagout | Anadolu | Getty Pictures President Joe Biden […]
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OpenAI rival Cohere states some AI startups build Bugatti sports automobiles, 'We make F-150s'
Omar Marques | Lightrocket | Getty Illustrations or photos Cohere President Martin Kon suggests a ton of the scorching artificial intelligence startups on the current market currently are constructing the equal of extravagant athletics automobiles. His product, he claims, is much more like a significant-obligation truck. “If you are hunting for automobiles for your discipline […]
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Dell shares have finest day given that return to inventory market place in 2018
Dell CEO Michael Dell. Getty Photographs Dell is acquiring its best working day given that founder Michael Dell introduced the firm again to the inventory current market in 2018. Shares of the Computer system and server maker surged 29% on Friday to $121.88, immediately after the corporation posted fiscal fourth-quarter benefits that defeat estimates. That […]
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Navalny's funeral in images: Mourners acquire in Moscow as riot law enforcement consist of crowds
Crowds collected in Moscow on Friday to notice Alexei Navalny’s funeral, with allies of the deceased Russian opposition politician declaring in excess of 1,000 individuals had congregated. CNBC could not independently verify the variety. Stays of snow clutched to the streets in a gray Moscow, as persons lined up outside the house the church where […]
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CDC updates Covid isolation guidelines for people who test positive
Using COVID 19 rapid self-test at home. wayra | E+ | Getty Images People who test positive for Covid no longer need to isolate for five days, the Centers for Disease Control and Prevention said Friday. The CDC’s new guidance now matches public health advice for flu and other respiratory illnesses: Stay home when you’re sick, but return […]
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Wall Street is worried about NYCB's loan losses and deposit levels as stock sinks below $4
A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters Regional lender New York Community Bank finds itself in an apparently worsening predicament just as the anniversary of last year’s banking turmoil nears. Shares of the troubled lender plunged 25% on […]
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