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2) Oil Giants' War Gains β€”

The world's largest oil companies report $281 billion in profits post-Ukraine invasion, spotlighting the energy sector's windfall amidst global crises. #EnergyProfits
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πŸ“° BizToc.com Hourly News Flash

1) Singapore's AI Leap Forward β€”

Singapore unveils a $740 million investment plan to bolster its AI capabilities, enhancing innovation and economic competitiveness. #AIInvestment
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πŸ‘‰πŸ» For more, visit biztoc.com and never miss a beat in the world of business news.
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4) EU Targets TikTok in Digital Crackdown β€”

The European Union launches a formal investigation into TikTok’s compliance with new digital rules, focusing on the protection of minors and harmful content. #TikTokEU
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3) Iconic Vegas Casino Bids Farewell β€”

An iconic Las Vegas Strip casino is slated for closure, hinting at possible shifts in the gambling and entertainment industries. #LasVegas
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2) Israeli Economy Hit Hard by Conflict β€”

Israel's economy faces a 20% contraction as the ongoing conflict impacts financial stability, highlighting the economic cost of geopolitical tensions. #IsraelEconomy
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πŸ“° BizToc.com Hourly News Flash

1) Biden Boosts Chip Manufacturing with $1.5B Grant β€”

The Biden administration grants $1.5 billion to GlobalFoundries to support semiconductor production in New York and Vermont, bolstering US tech infrastructure. #GlobalFoundries
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4) Autonomous Cars Backlash β€”

San Francisco sees a new trend of people 'blowing up' driverless cars, exposing the public's mixed reactions and regulatory challenges facing autonomous vehicle rollout. #DriverlessCars
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3) China's Aerospace Ambition β€”

China is soaring in the aerospace sector as Boeing and Airbus face new competition, marking a pivotal moment in aviation dynamics with implications for global markets. #Aerospace
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2) Musk Declines OpenAI Shares β€”

Elon Musk chose not to accept shares in OpenAI, citing ethical concerns, as the AI sphere continues to attract intense scrutiny and debate on corporate practices. #AIethics
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1) U.S. Semiconductor Surge β€”

The U.S. is bolstering its tech industry as billions begin to flow to chipmakers for new American factories, a strategic move to counter global shortages and dependency. #ChipFunding
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Hidden Value Gems
Please excuse me for a bit of marketing here, but with $JD confirming it is also taking a look at $CURY.L I thought I should flag that I discussed the unloved UK retail sector in December.

What got my initial interest was the acquisition spree of $FRAS.L

Another sign of a growing gap between public and private valuations in the UK market.

$CURY announced today it received an offer (preliminary and conditional) from Elliott which the board rejected on valuation grounds.

By 16 March, Elliott has to announce a firm intention to make an offer or formally withdraw.
- Hidden Value Gems
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Ben's Bites
AI Sound Effects by ElevenLabs

Generate realistic sound effects

Coming soon πŸ‘€

We were blown away by the Sora announcement but felt it needed something...

What if you could describe a sound and generate it with AI?
- ElevenLabs
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