Category: Business
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OpenAI sees $11.6 billion revenue next year, offers Thrive chance to invest again in 2025
[ad_1] By Krystal Hu and Kenrick Cai (Reuters) – Thrive Capital is investing more than $1 billion of OpenAI’s current $6.5 billion fundraising round, and it has a sweetener no other investors are getting: the potential to invest another $1 billion next year at the same valuation if the AI firm hits a revenue goal,…
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Threads joins X in blocking posts to apparently leaked documents about JD Vance
[ad_1] Threads is blocking links to an article that may contain links to leaked documents about JD Vance. X had already blocked links to the same article earlier this week. Meta told BI its policy doesn’t “allow content from hacked sources.” Thanks for signing up! Access your favorite topics in a personalized feed while you’re…
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Recent hurricanes have caused over $200 billion in damage
[ad_1] The most recent major hurricanes to hit the U.S. left hundreds of people dead and caused billions of dollars worth of damage. HURRICANE BERYL – 2024 Hurricane Beryl was the first of the 2024 Atlantic hurricane season, according to the National Oceanic and Atmospheric Administration. Exceptionally warm ocean temperatures caused it to strengthen into a…
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Stock Markets Today: US markets cool from records
[ad_1] U.S. markets were less sunny at close on Friday than in Asia, where stocks continued to rally on economic stimulus measures out of Beijing amid news that Japan’s former Defense Minister Shigeru Ishiba would become the country’s next prime minister. Still, all U.S. indexes were up from where they were five days ago as optimism…
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Officials warn that EVs could catch fire if inundated with saltwater from Hurricane Helene
[ad_1] Electric vehicles can catch fire if they are inundated by saltwater, so owners who live in the path of a major storm like Hurricane Helene should take precautions and prepare for the possibility that they’ll be unable to charge their cars during a power outage. What can EV owners do? Florida Gov. Ron DeSantis…
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Shailene Woodley doesn’t know any more about ‘Big Little Lies’ season 3 than you do
[ad_1] Shailene Woodley reacted to the news about a potential season three of “Big Little Lies.” Woodley told Business Insider that she doesn’t have much information about it and remains skeptical. She said the cast wants it to happen, but for now, it “feels a little bit like a fun fantasy dream.” Thanks for signing…
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Poverty in Argentina soars to over 50% as Milei’s austerity measures hit hard
[ad_1] Argentina’s poverty rate has soared to almost 53% in the first six months of Javier Milei’s presidency, offering the first hard evidence of how the far-right libertarian’s tough austerity measures are hitting the population. The new poverty rate, reported by the government’s statistics agency on Thursday, is the highest level for two decades, when…
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Promise of ‘glass skin’ drives surge in sales of K-beauty products in UK
[ad_1] We’ve had South Korean pop, film, fashion and food, and now the latest trend is K-beauty, with sales of Korean skincare brands taking off in the UK as consumers are seduced by products that promise to conjure a radiant complexion. Britons are cutting back in other areas, but they are still chasing what the…
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Titanic shipbuilder Harland & Wolff collapses into administration
[ad_1] Harland & Wolff, the Belfast-based shipbuilder that produced the Titanic, has collapsed into administration. The company has appointed administrators from Teneo to oversee the process after failing to find new funding to stay afloat. So far only the parent company, Harland & Wolff Group Holdings plc, is in administration, and its shipyard subsidiaries are…
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Becoming an accountant: 5 steps to start your career
[ad_1] If you’re a number cruncher, accounting can be an enticing career that can bring long-term job security with a decent salary. The field can put you on the front lines working with clients of all sizes—from families to multinational corporations—in helping make financial decisions. However, becoming a CPA is not as easy as simply…