Day: June 1, 2024
South Africa’s ruling ANC loses majority in country’s most sweeping political shift in 30 years
Voters during the South Africa General Elections on May 29, 2024 in Johannesburg, South Africa. Gallo Images | Gallo Images | Getty Images South Africa’s governing African National Congress lost its parliamentary majority of 30 years, in the country’s most sweeping political shift since the end of the apartheid. Popular support for the ANC during […]
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Retired U.S. Navy admiral charged in bribery scheme with tech CEOs for $500,000 salary
Retired Navy Admiral Robert Burke. Courtesy: U.S. Navy A retired four-star U.S. Navy admiral, who was once the military branch’s second-highest-ranking officer, was arrested on Friday for a bribery scheme with two tech CEOs, the Department of Justice announced. From 2020 to 2022, Robert Burke, a 62-year-old resident of Coconut Creek, Fla., allegedly used his […]
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Boeing and NASA call off Starliner crew launch minutes before liftoff
[The livestream started at 8:15 a.m. ET. Please refresh the page if you do not see the video player above.] Boeing‘s first Starliner flight with astronauts on board was called off in the final minutes on Saturday. The cause of the launch delay was not immediately announced. The company was targeting a launch on June […]
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Japanese billionaire Maezawa cancels moon flyby mission
Japanese billionaire entrepreneur Yusaku Maezawa speaks at SpaceX’s headquarters in Hawthorne, California. Michael Sheetz | CNBC Japanese billionaire Yusaku Maezawa cancelled his “dearMoon” mission, which the project said would have been the first private flight around the moon, the mission announced on Saturday. The team had originally aimed to make the circumlunar flight with celebrities […]
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The SEC ruling on Ethereum ETFs could mark a historic shift in crypto investing
VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities and Exchange Commission’s approval of a rule change allowing for Ethereum exchange-traded funds. “This is really one of the most amazing things that I’ve seen in my career with respect to securities regulation,” van Eck […]
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The following generation of the ‘Internet of Bodies’ could meld tech and human bodies together
The upcoming era of the “Online of Bodies,” or IOB, could carry technological gadgets and the human overall body closer together than at any time prior to. Tutorial and author Andrea M. Matwyshyn, who coined the expression in 2016, describes it as “a community of human bodies whose integrity and functionality rely at the very […]
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Modi’s BJP-led alliance projected to win parliamentary majority in India’s election, exit polls show
Indian Prime Minister Narendra Modi addresses a public meeting at Jerenga Pathar in the Sivasagar district of India’s Assam state on Jan. 23, 2021. Biju Boro | AFP | Getty Images India’s Prime Minister Narendra Modi looks set for a rare third consecutive term in power, as local exit polls on Saturday suggested his Bharatiya […]
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Italy is bracing for a record wave of tourists, but is having trouble handling them
Tourists line a street in Venice, Italy, on Saturday, March 16, 2024. Venice collected €37 million in overnight tourist taxes in 2023, with hotels charging guests anywhere between €1 and €5. Nathan Laine | Bloomberg | Getty Images Bellagio, Lake Como, Italy — When boat drivers start complaining about the tourists overrunning this famous lakeside […]
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Bitcoin investors see sideways trading in June as focus turns to Washington
Markets are nearing the official start of summer, but bitcoin may languish in June. The flagship cryptocurrency jumped 13% in May, according to Coin Metrics, its eighth monthly gain in the past nine months and its best month since February, when it soared 44%. That’s thanks to last week’s ether-led rally ahead of the SEC’s […]
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Buy stocks like Nvidia and Apple, which have plenty of upside potential, Bank of America says
Further upside is in the cards for a slate of stocks, including Nvidia , according to Bank of America. The firm recently called out big-name stocks that it says are worth snapping up — and that includes the artificial intelligence darling, which has seen its shares more than double in 2024. CNBC Pro combed through […]
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