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New State Legislation, Agency To Regulate Fantasy Sports Industry

Oct 28, 2015 15:08 pm UTC| Business

Illinois state Rep. Mike Zalewski announced today that a new legislation has been introduced to regulate fantasy sports sites. TechCrunch said that the legislation intends to regulate popular fantasy sports sites like...

Nike Self-Lacing Shoes Available Via Auction In 2016

Oct 28, 2015 09:08 am UTC| Business

Nike announced limited edition Back to the Future shoes, Nike Mag, last week in an online post. The feature that makes the sneakers sospecialis power laces an individually responsive system that senses the wearers motion...

Israeli CyberSecurity Firm Raises USD22 Million To Provide Novel Approach in Data Protection

Oct 28, 2015 02:54 am UTC| Business

Today, cybersecurity firm Illusive Networks announced a significant USD22 million Series B round. Bizjournals said that the Israeli firm raised the amount just four months shy of its Series A, which picked up USD5 million...

Curacity Picks Up USD1.4 Million in Seed Round for Travel Booking Portal

Oct 28, 2015 02:53 am UTC| Business

A new startup is aiming to provide a booking portal for travel sites that want to skip costs on building their own. Curacity, which is founded by EveryDay Health cofounder Michael Keriakos, has raised USD1.4 Million in its...

KFC, Pizza Hut Owner Yum Foods To Spin China Business Unit

Oct 28, 2015 02:53 am UTC| Business

On Tuesday, Yum Foods announced that it would be spinning off its China food business as a separate franchise by the end of next year. Nations Restaurant News said the spin-off would entail separating the operations of the...

United Technologies Announces USD12 Billion Buyback Plan

Oct 28, 2015 02:53 am UTC| Business

On Tuesday, United Technologies Corp (UTC) Chief Executive announced the companys USD16 billion share buyback plan, Bloomberg reported. The buyback plan seems to have replaced the companys initial plans to make large...

TeamHealth Rejects USD5.3 Billion AmSurg Merger Proposal

Oct 28, 2015 02:52 am UTC| Business

TeamHealth has shut down a private merger offer from AmSurg Corp. TeamHealth is a hospital staffing company while AmSurg aids in running clinics and surgery centers, Bloomberg said. This was announced shortly after the...

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Economy

Former IEA Official Criticizes Agency’s Green Focus, Calls for Oil and Gas Prioritization

The International Energy Agency (IEA) is facing criticism for its shift toward clean energy policies. Former IEA oil market chief Neil Atkinson, along with Mark Mills of the National Center for Energy Analytics, released a...

Wall Street Futures Fluctuate as Fed Maintains Rates, Signals Extended Pause

Wall Street futures saw volatile movement Wednesday night after the Federal Reserve held interest rates steady, as expected, while signaling a prolonged pause in rate cuts. U.S. stock indexes reacted negatively, closing...

Stock Market Dips as Fed’s Hawkish Pause Dampens Sentiment; Big Tech Earnings Await

The SP 500 closed lower Wednesday as investors reacted to the Federal Reserves hawkish stance and awaited earnings from major tech firms. The Dow Jones Industrial Average fell 137 points (0.3%), while the SP 500 and NASDAQ...

Federal Reserve Set to Hold Rates Steady: Balancing Inflation and Political Pressure

The Federal Reserve will hold a meeting today and is thought to take off its interest rate range of between 4.25% and 4.50%. The decision has come as a response to several interest-rate cuts unveiled at the tail end of...

Tech Stocks Rally in Asia-Pacific as Dollar Remains Resilient

Technology stocks led gains in Asia-Pacific markets on Wednesday, mirroring Wall Streets rally as concerns eased over the emergence of a low-cost Chinese AI model. Investors reconsidered the impact of DeepSeeks AI,...

Politics

Netanyahu Meets U.S. Envoy Witkoff Amid Gaza Ceasefire Talks

U.S. Middle East envoy Steve Witkoff visited Gaza on Wednesday before meeting Israeli Prime Minister Benjamin Netanyahu, as efforts to solidify a ceasefire and advance regional diplomacy continue. His visit, confirmed by a...

Ahmed al-Sharaa Takes Charge as Syria’s Transitional President Amid Power Shift

Ahmed al-Sharaa has been declared Syrias transitional president, cementing his authority less than two months after leading the offensive that ousted Bashar al-Assad. The announcement, made by the military command...

Lee Zeldin Confirmed as EPA Chief, Set to Roll Back Climate Regulations

The U.S. Senate confirmed former Republican Congressman Lee Zeldin as the new head of the Environmental Protection Agency (EPA) in a 56-42 vote. Zeldin, appointed by former President Donald Trump, will focus on rolling...

Trump Signs Executive Order to Combat Antisemitism, Vows to Deport Pro-Palestinian Protesters

U.S. President Donald Trump signed an executive order targeting antisemitism and pledging to deport non-citizen college students involved in pro-Palestinian protests. The order directs the Justice Department to prosecute...

Bob Menendez Sentenced to 11 Years for Bribery and Corruption

Former U.S. Senator Bob Menendez was sentenced to 11 years in prison for bribery and corruption, including accepting gold bars and cash in exchange for political favors to Egypt and New Jersey businessmen. U.S. District...

Science

It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

Every day, about 48.5 tonnes of space rock hurtle towards Earth. Meteorites that fall into the ocean are never recovered. But the ones that crash on land can spark debates about legal ownership. Globally, meteorite hunting...

Most of us trust scientists, shows a survey of nearly 72,000 people worldwide

Public trust in scientists is vital. It can help us with personal decisions on matters like health and provide evidence-based policymaking to assist governments with crises such as the COVID pandemic or climate change. In...

Astronauts on NASA’s Artemis mission to the Moon will need better boots − here’s why

The U.S.s return to the Moon with NASAs Artemis program will not be a mere stroll in the park. Instead it will be a perilous journey to a lunar location representing one of the most extreme environments in the solar...

Why Africa’s young scientists should help check the quality of climate change research

Scientific research is essential for addressing the climate crisis. The Intergovernmental Panel on Climate Change (IPCC), a United Nations body, assesses the science on climate change through its regular assessment...

Technology

DeepSeek AI Disrupts Market, Challenging U.S. AI Giants

Chinese AI startup DeepSeek is making waves, with its AI assistant surpassing OpenAIs ChatGPT on Apples U.S. App Store. Using Nvidias lower-capability H800 chips, DeepSeek claims to have trained its model for under $6...

Chinese AI Startup DeepSeek Exposed Sensitive Data, Wiz Reports

Israeli cybersecurity firm Wiz has uncovered a major security lapse in the infrastructure of Chinese AI startup DeepSeek. According to a blog post published Wednesday, Wiz detected that DeepSeek had inadvertently exposed...

DeepSeek Surpasses ChatGPT in Downloads, Boosting China’s AI Ambitions

Chinese AI startup DeepSeek has surged past OpenAIs ChatGPT in Apples App Store downloads, sparking national pride and raising concerns for U.S. tech giants. The company recently launched a free AI assistant that operates...

Tesla to Launch Cheaper EVs and Autonomous Ride-Hailing in 2025

Tesla (NASDAQ: TSLA) announced plans to roll out new, more affordable electric vehicles (EVs) in early 2025 while launching an autonomous ride-hailing service in June. Despite missing Wall Street revenue expectations, the...

Tesla Stock Jumps as EV Maker Signals Growth in 2025

Tesla Inc (NASDAQ: TSLA) shares surged 4% in after-hours trading despite missing Wall Streets fourth-quarter revenue estimates. The electric vehicle (EV) giant reported revenue of $25.71 billion, below analysts...