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4) EU Targets TikTok in Digital Crackdown —

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 —

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 —

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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📰 BizToc.com Hourly News Flash

1) Biden Boosts Chip Manufacturing with $1.5B Grant —

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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👉🏻 For more, visit biztoc.com and never miss a beat in the world of business news.
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4) Autonomous Cars Backlash —

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 —

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 —

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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📰 BizToc.com Hourly News Flash

1) U.S. Semiconductor Surge —

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 👀

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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Ben's Bites
today in AI:

1/ @Reddit is getting serious about AI and its upcoming IPO. And looks like they've signed a deal for $60M every year to let an AI company (name’s hush-hush) use their content for model training. But that number feels small. Here's why: bensbites.beehiiv.com/p/redd…

2/ @OpenAI’s fundraising deal valuing it at $80B seems to have been completed. This deal has been in limbo since @sama’s firing in late November. No official comments though.

3/ Groq (not the Elon one) is serving AI models at insanely fast speeds. The claim is that using their new LPUs (stands for Language Programming Units) is faster than GPUs for serving LLMs. @mattshumer_ built a demo with Groq’s instant answers, check it out: twitter.com/mattshumer_/stat…
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4) African E-Scooters Hit Nigeria —

Despite policy risks, an African startup forges ahead, launching an e-scooter service in Nigeria as the country embraces new mobility solutions. #EcoMobility
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3) C919's International Debut —

China's C919 airliner takes off on its first international flight, marking a key milestone in the country's ambition to enter the global aviation market. #Aviation
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