Since the recent presidential election, a new player has captured the attention of the social media landscape: Bluesky. This platform, which has swiftly gained traction, presents itself as a formidable competitor to established giants like Elon Musk’s X (formerly Twitter) and Meta’s Threads. With a user base that has surpassed 21 million, Bluesky is certainly
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Baidu, the prominent Chinese technology firm, recently reported a mixed but optimistic financial performance for the third quarter of 2023. Despite facing a 3% decline in revenue compared to a year ago, the company’s earnings for the quarter ending September 30 reached a commendable $4.78 billion. Notably, this figure exceeded analyst expectations, which estimated revenues
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Billionaire Gautam Adani, the chairman of the Adani Group, finds himself at the center of a significant controversy as he faces serious legal challenges in the United States. Accusations of a multibillion-dollar bribery and fraud scheme have led to an indictment that includes Adani and several other prominent figures. The charges suggest a coordinated effort
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MUBI’s latest cinematic endeavor, “Bring Them Down,” set to release in theaters on February 7, 2025, emerges as a striking exploration of human psyche and familial struggle. Directed by Christopher Andrews—his feature debut—the film bravely delves into the harsh realities faced by rural families as they grapple with legacy, conflict, and devastating secrets. Starring Oscar
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The recent sentencing of Gary Wang, co-founder of FTX and its former technology chief, marks an important moment in the unfolding drama surrounding the collapsed cryptocurrency exchange. Last week, Wang received a sentence of time served followed by three years of supervised release on four counts, including conspiracy and wire fraud. This outcome solidifies his
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The promise of AI in customer service is alluring: round-the-clock availability, lightning-fast responses, and the ability to handle countless inquiries simultaneously. But for customers, the reality doesn’t always live up to the hype. A new study from Acquire BPO suggests that AI may be skating on thin ice with consumers: 70% of people said they’d
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In response to ongoing pressures from investors and a challenging pharmaceutical landscape, Pfizer has announced the appointment of Chris Boshoff as its new Chief of Research and Development (R&D). This decision marks a significant strategic move for the New York-based pharmaceutical giant, especially following criticism from activist investors regarding its previous practices and acquisitions. As
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Recent comments from Federal Reserve Governor Lisa Cook highlight a significant shift in the U.S. economic landscape, marked by a persistent easing of inflation rates. According to Cook’s analysis, the economy is demonstrating a disinflationary pattern, suggesting that price increases are slowing. The dynamics within the labor market are also contributing to this trend, as
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In a groundbreaking move for a pharmaceutical company, Acurx Pharmaceuticals has recently authorized the acquisition of up to $1 million in Bitcoin to serve as a treasury reserve asset. This decision, made on Wednesday, reflects a growing trend among corporations to diversify their financial portfolios with cryptocurrencies. Following this announcement, Acurx’s stocks experienced a drop
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