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4) NEV Taxi Boom Ahead —

The NEV taxi market is poised to exceed $20.9 billion by 2031, growing at 22.5% CAGR, signaling greener urban mobility. #NEVTaxiGrowth
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3) Alibaba's Gulf Strategy —

Alibaba expands its reach, partnering with Saudi and UAE firms as China seeks to strengthen ties with Gulf nations. #AlibabaGulf
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2) UK Crypto Alert Overdrive —

The UK's financial watchdog raises alarms with 450 alerts on illegal crypto promotions, intensifying regulatory scrutiny. #CryptoRegulation
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📰 BizToc.com Hourly News Flash

1) Tesla's Mexico Move Rattles Washington —

Elon Musk's big Tesla factory in Mexico sources Chinese suppliers, stoking fears in DC amidst tense U.S.-China relations. #TeslaMexico
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Ben's Bites
Andrej @karpathy leaves OpenAI to focus on personal projects (likely open-source and YouTube videos)

⤵️

Hi everyone yes, I left OpenAI yesterday. First of all nothing "happened" and it’s not a result of any particular event, issue or drama (but please keep the conspiracy theories coming as they are highly entertaining :)). Actually, being at OpenAI over the last ~year has been really great - the team is really strong, the people are wonderful, and the roadmap is very exciting, and I think we all have a lot to look forward to. My immediate plan is to work on my personal projects and see what happens. Those of you who’ve followed me for a while may have a sense for what that might look like ;) Cheers - Andrej Karpathy
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4) Nvidia Surges in Value —

Nvidia's market cap soars, overtaking Alphabet to become the third most valuable U.S. company driven by AI advancements. #AI
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3) Cisco Slashes Outlook —

Tech giant Cisco reduces annual revenue forecast, shares dip post-earnings amid broader tech industry struggles. #Tech
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2) Microsoft Catches Hackers —

Microsoft thwarts cyber threats, catching hackers from China, Russia, and Iran exploiting its AI technology. #Cybersecurity
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📰 BizToc.com Hourly News Flash

1) Cisco Announces Massive Layoffs —

Cisco Systems to cut 5% of its workforce, facing a downturn with Q2 revenue dropping 6% YoY and restructuring plans underway. #Layoffs
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4) Epic in the Metaverse 🎮 —

While Meta plots the course for the metaverse, Epic Games is quietly making virtual worlds a reality. #Metaverse
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3) Bezos Cashes Out 🤑 —

Jeff Bezos sells off $2 billion in Amazon stock. Is he gearing up for another giant leap in space or tech? #Amazon
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2) TikTok for Kids: Still On Air 📱 —

Virginia legislators hit pause on the TikTok ban for children, keeping the app accessible for young social media enthusiasts. #Legislation
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📰 BizToc.com Hourly News Flash

1) Rental Record Alert 🏠 —

The cost of putting a roof over your head just hit new heights, with the average rent reaching $2,196 in January! #Housing
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4) Museum Workers Unionize —

Employees at the Museum of Contemporary Art kickstart a union drive, signaling a shift in the museum sector's labor movement. #LaborUnion
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3) Shell Predicts LNG Boom —

Shell forecasts a 50% surge in global LNG consumption, highlighting the growing energy demand and opportunities in the LNG market. #LNGGrowth
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