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Norway’s sovereign wealth fund is celebrating a $138 billion profit from the first half of the year, but has put the champagne on ice. The $1.6 trillion fund credited the returns to investments in tech. Driven by surging demand for AI, technology stocks surged during early 2024. Norway’s sovereign wealth fund — the largest in the world — reaped the benefits. Its equity portfolio gained 12% in the six months through June. Nvidia provided the largest cash injection. Microsoft, Google, Amazon, and TSMC also ch
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Mexico's President Claudia Sheinbaum Pardo said her country would go after the US with its own tariffs if Donald Trump pushed ahead with his. Read more ›
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Walmart is ramping up its efforts this holiday season to get people to shop while watching TV with its "Jingle Bell Love" movie. Read more ›
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Dragon Age writer David Gaider has continued sharing stories on the series' most beloved characters in the wake of The Veilguard's release, most recently focusing on the origins of gay mage Dorian. Read more Read more ›
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A Sniper Elite battle royale spin-off has reportedly been cancelled, after Chinese gaming giant Tencent pulled funding. Read more Read more ›
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Donald Trump's team said the prospect of a Republican president returning to office in the US helped get the deal over the line. Read more ›
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It's "nice for both of them to have fun," Maye Musk said about the bromance between the world's richest person and the incoming US president. Read more ›
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Zhaoxin's KaiXian KX-7000/8 processor tested in various applications: still cannot compete against modern x86 processors from AMD and Intel. Read more ›
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I was used to daily hugs and cuddles, but that ended when I divorced my partner. I still craved touch, so I turned to my friends and dogs. Read more ›
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Rolls-Royce is not the first automaker typically thought of when referencing pickup trucks, which makes a luxury-first truck an unusual proposition. Read more ›
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Elon Musk's "fully autonomous" cars will, like other robotaxi vehicles, rely on remote human pilots. Read more ›
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After going on over 30 safaris in South Africa, there are a few things I wish someone would have told me before my first one. Read more ›
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Your Apple TV really is part of your Apple ecosystem. The proof is that you can use your iPhone or iPad as a remote control -- and it's easy to do. Read more ›
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Donald Trump's new trade proposals target China, Mexico, and Canada. Read more ›
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Plus, get one last look at Superman & Lois as the show prepares for its final end. Read more ›
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I keep having this feeling we’re missing something big: that none of the explanations for Donald Trump’s victory in the 2024 election are capturing the whole story. Most of the explanations for what happened have focused on recent events in the US — like Biden staying in the race too late, or Democrats being alienated […] Read more ›
395 fresh
In the U.S., the Apple Card offers a high-yield savings account option, allowing you to earn far more interest on your money compared to the average bank's basic savings account. Apple's account offers an APY of 4.1% as of writing, and while that is a competitive rate, it is not the absolute best offer available at this time. The chart below compares the Apple Card saving account's rate to some... Read more ›
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Activision has said it is conducting "hourly sweeps" of Call of Duty: Black Ops 6's Ranked Play mode and leaderboards, as work to try and combat the game's cheating problem continues. Read more Read more ›
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The Next Web
Zurich-based startup Poncho has officially launched its weather insurance platform — and bagged some fresh funding to boot. Founded in 2023, the company aims to transform how the travel and hospitality industries handle unpredictable weather. Poncho’s tech integrates with booking systems, allowing customers to opt for weather protection at checkout. If bad weather, such as heavy rain or wind, occurs during their scheduled event or trip, a refund is processed... Read more ›
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Vertical Aerospace has been thrown a crucial lifeline, staving off potential bankruptcy at the cash-strapped air taxi startup. The UK-based company — which makes electric vertical take-off and landing (eVTOL) aircraft — secured the fresh funds from its largest creditor, American debt investor Mudrick Capital. The agreement, announced Monday, includes a $50mn cash injection and a substantial debt-to-equity swap. Mudrick will invest $25mn upfront and guarantee another $25mn in future... Read more ›
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Amsterdam-based startup Skytree is set to deploy its carbon-sucking machines on a newly announced carbon capture and storage project in Texas, US. Dubbed “Project Concho,” the $100mn Direct Air Capture (DAC) plant aims to initially vacuum up 30,000 tonnes of carbon from the atmosphere annually, eventually scaling to 500,000 tonnes. This carbon will be permanently stored underground, on site. The facility is set to enter operation in 2028, a Skytree... Read more ›
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Candela is flying high — and across the Atlantic. The Swedish startup has secured $14mn, marking the close of its Series C round at a cosy $40mn. This puts its total funding at just shy of $90mn. Candela has also sold its first P-12 ferry in the US, amid burgeoning demand for what is the world’s fastest and longest-range electric passenger vessel. FlyTahoe, the company that will operate the service,... Read more ›
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London-based startup Lighthouse just raised a hefty $370mn from American investment giant KKR at a valuation of over $1bn, making it Europe’s latest unicorn tech company. The funding will supercharge the company’s ambitions to shake up the $15bn travel tech market. What’s on the to-do list? Refining its AI tools, expanding globally, and snapping up competitors through mergers and acquisitions (it has already made four). Lighthouse’s platform crunches over 400... Read more ›
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Most popular sources
Business Insider
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25% 6 |
The Verge
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9% 3 |
Tech Wire Asia
|
8% 1 |
Android Authority
|
8% 5 |
Tom's Hardware
|
8% 5 |
| View sources » | |
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27.11.2024 11:29
Last update: 11:21 EDT.
News rating updated: 18:22.
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