BizToc
📰 BizToc.com Hourly News Flash

1) Hedge Fund Trader Gets 8-Year Sentence —

Trader involved in a major Danish tax fraud scandal sentenced to 8 years in prison, highlighting the risks of complex financial crime. #TaxFraud
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👉🏻 For more, visit biztoc.com and never miss a beat in the world of business news.
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4) Thailand Expands Air Hub —

Bangkok's airport is set to bolster its capacity to 150M passengers, aiming to become a leading aviation hub. #AviationExpansion
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3) Dell's AI Server Spike —

Dell's server sales surge by capitalizing on the growing excitement and demand for AI technologies. #TechGrowth
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2) Tesla vs BYD: Price War —

Tesla introduces new discounts in China to stay competitive as BYD intensifies the electric vehicle price war. #EVCompetition
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📰 BizToc.com Hourly News Flash

1) Meta Halts News Payments —

Meta is ending payments for news content in Australia, France, and Germany, prioritizing different content investments. #PlatformStrategy
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👉🏻 For more, visit biztoc.com and never miss a beat in the world of business news.
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4) Endo's $465M Settlement Clears Chapter 11 Path —

Pharmaceutical company Endo International reaches a $465 million settlement, marking a significant step toward resolving its bankruptcy proceedings. #Pharma
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3) Tesla Intensifies China Strategy with New Incentives —

Tesla unveils new incentives for Chinese buyers amid escalating price wars, aiming to maintain its competitive edge in the world's largest EV market. #Tesla
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2) Larry Culp's Masterstroke in GE's Breakup —

How Larry Culp's strategic dismantling of General Electric could be the saving grace for the once monolithic corporation, creating focused and leaner business units. #GE
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BizToc
📰 BizToc.com Hourly News Flash

1) India Bolsters Green Energy with $9B Rooftop Solar Project —

India's Cabinet approves a massive $9 billion initiative to boost the rooftop solar sector, signaling a significant investment in renewable energy infrastructure. #Solar
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AkhenOsiris
$200 $AMD UPVOTE PARTY 🎉

(oops, thought I was on reddit)
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Ben's Bites
Elon Musk sues OpenAI and Sam Altman for betraying the agreement from @OpenAI's founding to remain a non-profit company

More info: courthousenews.com/elon-musk…
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Ben's Bites
Meta is planning to launch Llama 3 in July

The goal is to get it to answer more “unsafe” questions

More info: theinformation.com/articles/…
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Hidden Value Gems
RT @HiddenValueGems: Ray Dalio thinks we are not in a bubble based on the following six criteria.

"When I look at the US stock market using these criteria, it—and even some of the parts that have rallied the most and gotten media attention—doesn’t look very bubbly."
🧵👇🏽

1/9
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BizToc
👉🏻 For more, visit biztoc.com and never miss a beat in the world of business news.
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