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Tencent and Guillemot Family Mull Buyout of ‘Assassin’s Creed’ Maker Ubisoft: Bloomberg News Reports
In a potentially game-changing move for the gaming industry, Tencent Holdings Ltd. and the Guillemot family, the founders of Ubisoft, are reportedly considering a buyout of Ubisoft Entertainment, the…
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Google Tests Verified Check Marks in Search Results: A Step Toward Fighting Misinformation
Google is testing a new feature that adds verified check marks to certain search results, a move aimed at enhancing trust and transparency on its platform. This experiment, spotted…
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Foxconn Beats Estimates with Record Third-Quarter Revenue on AI Demand Surge
In a landmark achievement, Foxconn, the world’s largest electronics manufacturer, surpassed market expectations by reporting record third-quarter revenue, driven by an unprecedented surge in demand for artificial intelligence (AI)-related…
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U.S. SEC Charges Mango Markets with Offering Unregistered Crypto Token
Introduction The U.S. Securities and Exchange Commission (SEC) has recently filed charges against Mango Markets, a decentralized finance (DeFi) platform, for allegedly offering an unregistered crypto token. The case…
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EU Privacy Regulator Fines Meta €91 Million Over Improper Password Storage Practices
Meta, the parent company of Facebook, Instagram, and WhatsApp, has been fined €91 million by the European Union’s privacy regulator over improper handling and storage of user passwords. The…
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Brazil to Propose Measures to Block Use of Social Benefits for Online Bets
The Brazilian government is preparing to introduce measures aimed at preventing the misuse of social benefits for online gambling and betting. This move comes amid growing concerns that recipients…
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Brazil’s Top Court Imposes New Fine on X Before Allowing Service to Resume
In a significant legal development, Brazil’s top court has imposed a hefty fine on X (formerly Twitter) before allowing the platform to resume its operations in the country. The…
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Trump Vows to Prosecute Google if He Wins 2024 Election
Introduction In a recent escalation of his long-running feud with Big Tech, former President Donald Trump announced that he would pursue legal action against Google if he wins the…
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OpenAI Projects $11.6 Billion Revenue in 2025, Offers Thrive Opportunity to Invest Again
Introduction OpenAI, the artificial intelligence research company known for its cutting-edge innovations, including language models like GPT-4, has projected an ambitious $11.6 billion in revenue for the next fiscal…
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FAA Chief Urges SpaceX to Operate at ‘Highest Level of Safety’ Following Recent Setbacks
The Federal Aviation Administration (FAA) has called on SpaceX to ensure that it operates at the “highest level of safety” as the aerospace company continues to develop and launch…
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