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FTX’s Bankman-Fried still facing campaign finance charges: prosecutors

Indicted FTX founder Sam Bankman-Fried arrives at the United States Courthouse in New York City, July 26, 2023. Amr Alfiky | Reuters Campaign finance charges against Sam Bankman-Fried are still on the table and will be included in an indictment next week against the founder of failed crypto exchange FTX, …

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Bitcoin rises from a two-week trading lull as Moody’s downgrade hits U.S. banking sector

Jaap Arriens | NurPhoto | Getty Images Cryptocurrencies rose broadly on Tuesday in opposition with the stock market after the ratings agency Moody’s put the U.S. banking sector on watch. Bitcoin advanced about 1.5% and was last trading at $29,523.51, according to Coin Metrics. The price of the flagship cryptocurrency …

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Palantir’s AI ambitions divide analysts. A bull and bear make their cases

Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the 2023 CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 7, 2023. Aaron M. Sprecher | Bloomberg | Getty Images Palantir Technologies raised its annual revenue target on Monday as it sees an opportunity to …

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India job seekers value flexibility over pay, Indeed survey shows

Workers in India are far from ready to return to the pre-pandemic days of working in an office, five days a week. That’s according to a new survey by employment site Indeed, which found that 71% — or about two in three — Indian professionals chose flexibility as the top …

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China needs to boost productivity given ‘demographic challenge’

Fears are growing that China’s economy is tethering on the verge of deflation after yet another slate of underwhelming economic data July 17 provided more evidence that the stall in growth momentum may turn out more severe without more meaningful policy intervention. Xinhua News Agency | Xinhua News Agency | …

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Palantir (PLTR) Q2 earnings report 2023

Alex Karp, CEO of Palantir Technologies, leaves a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 13, 2023. Kevin Dietsch | Getty Images Palantir reported a 13% increase in second-quarter revenue on Monday and issued a forecast for the current period that …

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Kickstarter CEO Everette Taylor credits his success to 2 soft skills

If you ask Everette Taylor how he became CEO of crowdfunding platform Kickstarter, he’ll tell you: “I got lucky.” The 34-year-old spent a chunk of his teen and young adult years battling homelessness and hustling to make ends meet, he says. He dropped out of Virginia Tech and founded an …

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shares jump 13% in Shanghai debut

Visitors visit the stand of Huahong Group at an exhibition in Shanghai, China, June 15, 2023. On August 7, 2023, Huahong Group, the world’s sixth largest foundry semiconductor manufacturer, officially landed on the A-share science and technology innovation board, and the opening price rose by more than 13% on the …

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Australia urges China to remove all trade restrictions after barley tariffs lifted

Australia has urged China to abolish all remaining trade restrictions after Beijing lifted tariffs on its barley imports, pointing to signs of a normalization in bilateral ties. Canberra is expecting its largest trading partner to next drop tariffs on Australian wine imports that were introduced in March 2021. At the …

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Over a $1 trillion needed for developing nations climate transition

Smoke billows from an unauthorized steel factory, foreground, on November 4, 2016 in Inner Mongolia, China. To meet China’s targets to slash emissions of carbon dioxide, authorities are pushing to shut down privately owned steel, coal, and other high-polluting factories scattered across rural areas. (Photo by Kevin Frayer/Getty Images) Kevin …

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