Pulling $325 Billion
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Crypto Startups Pull $2.4 Billion in Venture Funding in First Quarter of 2024
Data from Pitchbook shows a 40 percent jump in investments in crypto startups from the last three months of 2023.Inc. - Business -
Boy pulled from river remains critically ill
A teenager remains in a critical condition after a second boy died in the River Tyne in Ovingham.BBC News - Top stories -
FirstFT: Investors pull money from Starwood $10bn property fund
Also in today’s newsletter, Shein switches IPO plans from New York to London and Pfizer hopes to settle thousands of lawsuitsFinancial Times - World -
'Pulled off the impossible': Behind the scenes of the Chargers' Sims-themed schedule release
The Los Angeles Chargers 2024 schedule release video is set in the world of "The Sims," a life simulation video game series.ESPN - Sports -
US to pull troops out of Niger by mid-September: Pentagon
The U.S. military will pull all of its assets out of Niger by mid-September, the Pentagon announced Sunday, after days of talks with the country’s military junta finalized a timeline. A group of military leaders executed a coup in Niger last year, ...The Hill - Politics -
Are consumers pulling back on spending? It depends which CEO you ask
With higher prices and elevated interest rates stubbornly sticking around, Chipotle burrito bowls and European vacations are still on the table for many consumers.NBC News - Top stories -
Are consumers pulling back on spending? It depends on which CEO you ask
Companies like PepsiCo have warned about a weak low-income consumer, while Delta Air Lines and Chipotle have benefited from their high-income customer bases.CNBC - Business -
Trump pulling away from Biden in Florida, Arizona: CBS News poll
New CBS News polling finds Donald Trump leads President Biden by as much as 9 points among likely Florida voters. In Arizona, Biden trails Trump by as much as 5 points despite winning that state four years ago. CBS News executive director of ...CBS News - Top stories - Joe Biden -
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RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
Unified API Recall pulls conversational data from Zoom and Google Meet to power AI bots
Since its launch, Recall has roped in over 300 companies from different industries, ingesting millions of hours of conversational data and powering downstream AI applications.VentureBeat - Tech - Google -
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OpenAI pulls ChatGPT AI voice over its resemblance to Scarlett Johansson in the movie 'Her'
OpenAI on Sunday announced it would pause one of the voices of ChatGPT, "Sky," which had made waves for its resemblance to actress Scarlett Johansson's voice.CNBC - Business -
Water investors have withdrawn billions, says research
A report suggests shareholders have taken billons but failed to invest as water bills look set to rise.BBC News - Top stories -
AstraZeneca Plans $1.5 Billion Manufacturing Facility In Singapore
The Anglo-Swedish pharmaceutical giant plans to build a $1.5 billion manufacturing facility in Singapore to boost its global supply of cancer-killing treatments.The Wall Street Journal - World -
We're Spending Billions on This Work-From-Home Indulgence
Without the boss nearby, who can resist placing that Amazon order?The Wall Street Journal - World -
Peloton Interactive Gets $1.4 Billion In Fresh Credit
The company will enter a $1 billion five-year term loan facility and a $100 million five-year revolving credit facility.The Wall Street Journal - World -
AstraZeneca Targets $80 Billion Revenue by 2030
AstraZeneca has set out a new revenue target as it aims to bolster its investment in technologies and platforms, and said it would develop 20 new medicines throughout the next six years.The Wall Street Journal - World -
'Time is of the essence': £210,000 interim infected blood payment announced
Some 30,000 NHS patients were infected with hepatitis and HIV - the compensation could hit £10bn in total.BBC News - Top stories -
Amazon, Meta back Scale AI in $1 billion funding deal that values firm at $14 billion
Scale AI has raised $1 billion in a Series F funding round that values the enterprise tech company at $13.8 billion — almost double its last reported valuation.CNBC - Business -
Amazon, Meta back Scale AI in $1 billion funding deal that values firm at $14 billion
Artificial intelligence startup Scale AI said Tuesday that it has raised $1 billion in a Series F funding round that values the enterprise tech company at $13.8 billion — almost double its last reported valuation.NBC News - Top stories -
Honda Motor Plans to Invest Over $60 Billion on EV Strategy
The Japanese automaker plans to invest on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - Business -
Siemens to Sell Innomotics to KPS Capital Partners for $3.8 Billion
Siemens agreed to sell its Innomotics large motors business to private-equity firm KPS Capital Partners, the latest move by the German industrial giant to reshuffle its portfolio.The Wall Street Journal - Business -
China pledges $42 billion in a slew of measures to support the struggling property sector
Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments.CNBC - Business - China -
CoreWeave Raises $7.5 Billion in Debt for AI Computing Push
The deal is one of the largest-ever private debt financings.The Wall Street Journal - Tech -
China pledges $42 billion in a slew of measures to support the struggling property sector
Chinese authorities pledged new support for state-owned enterprises to enable them to buy unsold apartments, in an effort that could help developers get more funding to finish construction on pre-sold properties.NBC News - Top stories - China -
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Poland invests $2.5 billion into fortifying border with Russia and Belarus
Poland's prime minister says it is investing about $2.5 billion to step up security and deterrence on its border with Russia and its ally BelarusABC News - World - Russia -
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UK government set to pay billions to victims in blood scandal
Compensation expected to be announced after conclusion of seven-year public inquiry on MondayFinancial Times - Business - United Kingdom -
A $10 Billion Real-Estate FundIs BleedingCash and Running Out of Options
A long line of investors in Starwood Real Estate Income Trust, known as Sreit, want their money back.The Wall Street Journal - World -
Texas-based Independent Bank to be bought for $2 billion by Florida’s SouthState
Independent Bank Group will no longer be independent, after the Texas-based bank announced Friday an agreement to be acquired by Florida’s SouthState Corp. in an all-stock deal valued at about $2 billion.MarketWatch - Business -
New York AG announces $2 billion settlement with crypto lender Genesis
New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion to make defrauded investors whole again.CNBC - Business - New York -
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Genesis to pay $2 billion to victims of alleged cryptocurrency fraud
New York prosecutors allege that bankrupt crypto lender Genesis hid more than $1 billion in losses.CBS News - Top stories -
AstraZeneca targets $80 billion in total revenue by 2030 in 'post-Covid era'
Pharmaceutical company AstraZeneca is planning to increase its total revenue by 75% and release 20 new medicines by 2030, including cancer treatments.CNBC - Business -
CyberArk to Acquire Venafi for $1.5 Billion as Cyber Market Shows Signs of Recovery
Vendors are eyeing acquisitions and IPOs as the cybersecurity market regains investor interest.The Wall Street Journal - World -
Inside the NYC kitchen fueling Shake Shack's $4 billion burger empire
Every new menu item is developed in the basement of the chain's West Village restaurant.CNBC - Business -
Warren Buffett Just Revealed a Secret $6.7 Billion Investment, and the Reason Why Is Eye-Opening
Learn your history, and focus on your strengths.Inc. - Business