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"US Peacekeeper Because Of Tariffs": Trump's Big Claim On India-Pak Truce
US President Donald Trump has reiterated his claim that he brokered a peace deal between neighbours India and Pakistan using trade threats.
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Lutnick’s Cantor in Talks With Tether About $2 Billion Bitcoin Lending Project
Tether currently uses Cantor’s custody business to hold the billions of dollars of US Treasuries that support the value of its dominant USDT stablecoin. That custody relationship earns Cantor tens of millions of dollars a year, according to people familiar with the matter.
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Nokia Said to Be in Talks With Bharti Airtel for Multi-Billion Dollar 5G Contract
The deal with Airtel would be for Nokia's latest AirScale mobile radios that support upgrading an existing network to 5G-Advanced and reduces energy costs, according to the sources.
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Fired From Facebook, Man Starts Own Tech Company, Earns Rs 27 Crore A Year
Mr Kagan said he always dreamed of being rich and knew that the pathway to riches ran through the world of tech.
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Indian Creators Hail X's Ads Revenue Scheme, Share Screenshots Of Money They Earned
Several users posted screenshots of the amount deposited in their bank accounts by X and expressed their excitement and happiness.
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This Rare Asteroid May Make Everyone A Billionaire On This Earth
Each person would earn roughly several billion dollars if NASA were to retrieve this asteroid and divide it among the population.
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Microsoft Says Q4 2022 Sales Slowed, Profits Slumped as Cloud Computing Revenue Sees Growth
Microsoft on Tuesday announced its earnings for Q4 2022, revealing that sales slowed and profits slumped in the last quarter of the year. Overall sales rose just two percent in the October-to-December period, the slowest rise in six years, according to the Redmond company.
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Spotify to Lay Off 6 Percent of Workforce as Job Cuts in Technology Sector Continue
Spotify is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs. The music streaming giant has about 9,800 employees, according to its third-quarter earnings report.
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Avatar: The Way of Water Box Office Nears $1 Billion Mark in Global Ticket Sales
Well into its second week, Avatar: The Way of Water is close to hitting the $1 billion (about Rs. 8,285 crore) mark at the global box office. Through late Tuesday, the James Cameron-directed sequel has collected an outstanding $955 million (about Rs. 7,909 crore) — tied for third place in 2022, against Doctor Strange in the Multiverse of Madness....
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Xi Jinping Meets Saudi Crown Prince Salman On High-Stakes Visit
Chinese President Xi Jinping met Saudi Arabia's powerful crown prince on Thursday on an Arab outreach visit that will yield billions of dollars in deals and has earned a rebuke from Washington.
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Bitcoin Patron Michael Saylor and MicroStrategy Face US Lawsuit Over Tax Fraud Allegations
MicroStrategy CEO Michael Saylor is facing a lawsuit on allegations of tax fraud, Washington D.C. Attorney General Karl Racine announced Wednesday. Racine added that Washington D.C. was also suing MicroStrategy "for conspiring to help [Saylor] evade taxes he legally owes on hundreds of millions of dollars he’s earned while living in DC."
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Nasdaq Falls With Dollar, Oil Rises; Earnings, Fed In Focus
Nasdaq closed lower on Monday after a choppy session for U.S. equities ahead of a big week of technology earnings reports while oil prices rose and treasury yields edged higher as investors braced for a Federal Reserve interest rate hike.
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Meta Loses $2.8 Billion on Metaverse Division Despite the Mammoth Re-Branding Step
In Meta’s Q2 earnings call, its chief Mark Zuckerberg announced that the company’s metaverse-focussed ‘Facebook Reality Labs’ division has reported losses of a whopping $2.81 billion (roughly Rs. 22,410 crore). Despite the financial setback, Zuckerberg has exuded confidence that in the coming years, all the trials and errors that are costin...
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Microsoft Q2 Earnings Fall Short of Expectations Amid China Production Holdups, Strong Dollar Hits Sales
Microsoft’s second quarter earnings fell shy of expectations, the tech giant announced on Tuesday. The announcement comes on the back of production holdups in China in May, and weakening demand for PCs among users. The company also said that the earnings dive was due to foreign exchange rates and shutdowns of PC factories in China. However, Micro...
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IBM Warns of $3.5 Billion Forex Hit as Quarterly Earnings Beat Estimates
IBM announced that it had beat quarterly revenue expectations on Monday. However, the 110-year-old IT firm warned that foreign exchange could cause a revenue hit of 6 percent this year on the back of a strong dollar. Other firms like Microsoft and Salesforce have also tempered expectations thanks to a hawkish Federal Reserve and heightened geopolit...
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"US Peacekeeper Because Of Tariffs": Trump's Big Claim On India-Pak Truce
US President Donald Trump has reiterated his claim that he brokered a peace deal between neighbours India and Pakistan using trade threats.
-
Lutnick’s Cantor in Talks With Tether About $2 Billion Bitcoin Lending Project
Tether currently uses Cantor’s custody business to hold the billions of dollars of US Treasuries that support the value of its dominant USDT stablecoin. That custody relationship earns Cantor tens of millions of dollars a year, according to people familiar with the matter.
-
Nokia Said to Be in Talks With Bharti Airtel for Multi-Billion Dollar 5G Contract
The deal with Airtel would be for Nokia's latest AirScale mobile radios that support upgrading an existing network to 5G-Advanced and reduces energy costs, according to the sources.
-
Fired From Facebook, Man Starts Own Tech Company, Earns Rs 27 Crore A Year
Mr Kagan said he always dreamed of being rich and knew that the pathway to riches ran through the world of tech.
-
Indian Creators Hail X's Ads Revenue Scheme, Share Screenshots Of Money They Earned
Several users posted screenshots of the amount deposited in their bank accounts by X and expressed their excitement and happiness.
-
This Rare Asteroid May Make Everyone A Billionaire On This Earth
Each person would earn roughly several billion dollars if NASA were to retrieve this asteroid and divide it among the population.
-
Microsoft Says Q4 2022 Sales Slowed, Profits Slumped as Cloud Computing Revenue Sees Growth
Microsoft on Tuesday announced its earnings for Q4 2022, revealing that sales slowed and profits slumped in the last quarter of the year. Overall sales rose just two percent in the October-to-December period, the slowest rise in six years, according to the Redmond company.
-
Spotify to Lay Off 6 Percent of Workforce as Job Cuts in Technology Sector Continue
Spotify is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs. The music streaming giant has about 9,800 employees, according to its third-quarter earnings report.
-
Avatar: The Way of Water Box Office Nears $1 Billion Mark in Global Ticket Sales
Well into its second week, Avatar: The Way of Water is close to hitting the $1 billion (about Rs. 8,285 crore) mark at the global box office. Through late Tuesday, the James Cameron-directed sequel has collected an outstanding $955 million (about Rs. 7,909 crore) — tied for third place in 2022, against Doctor Strange in the Multiverse of Madness....
-
Xi Jinping Meets Saudi Crown Prince Salman On High-Stakes Visit
Chinese President Xi Jinping met Saudi Arabia's powerful crown prince on Thursday on an Arab outreach visit that will yield billions of dollars in deals and has earned a rebuke from Washington.
-
Bitcoin Patron Michael Saylor and MicroStrategy Face US Lawsuit Over Tax Fraud Allegations
MicroStrategy CEO Michael Saylor is facing a lawsuit on allegations of tax fraud, Washington D.C. Attorney General Karl Racine announced Wednesday. Racine added that Washington D.C. was also suing MicroStrategy "for conspiring to help [Saylor] evade taxes he legally owes on hundreds of millions of dollars he’s earned while living in DC."
-
Nasdaq Falls With Dollar, Oil Rises; Earnings, Fed In Focus
Nasdaq closed lower on Monday after a choppy session for U.S. equities ahead of a big week of technology earnings reports while oil prices rose and treasury yields edged higher as investors braced for a Federal Reserve interest rate hike.
-
Meta Loses $2.8 Billion on Metaverse Division Despite the Mammoth Re-Branding Step
In Meta’s Q2 earnings call, its chief Mark Zuckerberg announced that the company’s metaverse-focussed ‘Facebook Reality Labs’ division has reported losses of a whopping $2.81 billion (roughly Rs. 22,410 crore). Despite the financial setback, Zuckerberg has exuded confidence that in the coming years, all the trials and errors that are costin...
-
Microsoft Q2 Earnings Fall Short of Expectations Amid China Production Holdups, Strong Dollar Hits Sales
Microsoft’s second quarter earnings fell shy of expectations, the tech giant announced on Tuesday. The announcement comes on the back of production holdups in China in May, and weakening demand for PCs among users. The company also said that the earnings dive was due to foreign exchange rates and shutdowns of PC factories in China. However, Micro...
-
IBM Warns of $3.5 Billion Forex Hit as Quarterly Earnings Beat Estimates
IBM announced that it had beat quarterly revenue expectations on Monday. However, the 110-year-old IT firm warned that foreign exchange could cause a revenue hit of 6 percent this year on the back of a strong dollar. Other firms like Microsoft and Salesforce have also tempered expectations thanks to a hawkish Federal Reserve and heightened geopolit...
