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Ireland’s election delivers pro-business continuity despite voter discontent
Ballot papers are counted at the Dublin RDS centre, in Dublin, on December 1, 2024, on the second day of counting ballots in the Irish General Election. Ben Stansall | Afp | Getty Images Ireland’s election looks set to have secured victory for the incumbent center-right parties which have dominated the country’s politics for nearly […]
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Why Amazon sellers and retailers are flocking to TikTok Shop despite looming U.S. ban
A file photo of a livestreamer selling handbags at a TikTok Livestreaming E-commerce Base on October 12, 2021 in Wuhan, China. Visual China Group | Getty Images Sporting a sparkly dress and a Santa hat atop her distinctly pink hair, Sarah Potempa stood in front of her smartphone at her haircare company’s warehouse in Waukegan, […]
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Elon Musk asks court to block OpenAI from converting to a for-profit
Elon Musk is asking a federal court to stop OpenAI from converting into a fully for-profit business. Attorneys representing Musk, his AI startup xAI, and former OpenAI board member Shivon Zilis filed for a preliminary injunction against OpenAI on Friday. The injunction would also stop OpenAI from allegedly requiring its investors to refrain from funding […]
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‘Small caps are going to become more in favor in 2025:’ VettaFi’s research head doubles down on winning group
ETF Edge ‘Small caps are going to become more in favor in 2025:’ VettaFi’s research head doubles down on winning group Published Sat, Nov 30 202411:00 AM EST Krysta Escobar WATCH LIVE Source
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In the new space race, hackers are hitching a ride into orbit
The unoccupied space-facing port on the International Space Station’s Harmony module is pictured several hours before the SpaceX Dragon Freedom spacecraft would relocate there after undocking from Harmony’s forward port. NASA Johnson Space Center In the race to conquer the cosmos, the greatest challenge to space exploration might be the vastness of the unknown, but […]
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Oracle is on pace for the best year since 1999. What led to the meteoric rise
Bets on artificial intelligence and the buildout of large language models have hoisted shares of a once ubiquitous megacap technology stock to its best year in a quarter century. Oracle has soared 75% this year, headed for its second-best year on record and best since 1999, when shares roughly quadrupled in price. ORCL YTD mountain […]
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Buy Big Tech firms with exposure to emerging markets, says veteran investor Mark Mobius
U.S. tech companies with a focus on emerging markets offer the best investment opportunities for the coming year, according to veteran emerging markets investor Mark Mobius. “The U.S market will continue to do well. As you know, tech has already done well. So, what I would do is focus on companies and industries that are […]
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CNBC’s Inside India newsletter: The causes and costs of India’s brain drain
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. Four years ago, Keshav Raj graduated with a degree in computer science from the prestigious SRM Institute […]
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These economists say artificial intelligence can narrow U.S. deficits by improving health care
Can artificial intelligence be so transformative as to solve one of the U.S. economy’s biggest problems: its skyrocketing fiscal deficit? According to three economists at the Brookings Institution, the answer is yes — AI could prove a positive “critical shock” for the country’s fiscal health. A working paper released last month by the Center on […]
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OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
Sam Altman, chief executive officer of OpenAI, during an event in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images OpenAI is allowing employees to sell roughly $1.5 billion worth of shares in a new tender offer to SoftBank, CNBC has learned. The new financing will allow the Japanese […]
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