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4) Haleon Accelerates Growth —

Haleon reports accelerated revenue growth, defying market challenges and bolstering consumer health confidence. #HaleonGrowth
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3) China Cracks Down on High-Frequency Trading —

China tightens its grip on market fairness by punishing a hedge fund for high-frequency index futures trades. #ChinaHFT
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2) Sony-Zee Merger Plans Scrapped —

In a major industry twist, Sony withdraws from merger discussions with Zee, signaling shifts in media alliances. #SonyZee
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📰 BizToc.com Hourly News Flash

1) Morgan Stanley Faces SEC Fraud Charges —

SEC charges Morgan Stanley and ex-exec Pawan Passi with fraud in block trading, shaking trust in banking integrity. #MorganStanley
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4) Tech Trio Validates RAN Virtualization —

SoftBank, NEC, Broadcom validate RAN modernization, paving the way for a new era in virtualization tech. #NetworkTechnology
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3) Meta's Data Use Under Fire —

Consumer groups accuse Meta of 'massive, illegal' data handling practices in the EU. #PrivacyConcerns
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2) European Carmakers vs. BYD —

Europe's car giants gear up for a high-voltage showdown with China's electric titan BYD. #ElectricVehicles
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📰 BizToc.com Hourly News Flash

1) Reliance-Disney India Media Megamerger —

The Reliance-Disney merger is set to dominate streaming with 85% market control and half of India's TV audience. #MediaConsolidation
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4) Tesla Roadster Set to Zoom! —

Elon Musk announces Tesla's high-end Roadster sports car is finally hitting the roads in 2024. #TeslaLaunch
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3) Coupang Dons Luxury —

South Korea's e-commerce giant Coupang taps into luxury goods market following its first reported profit. #LuxuryEcommerce
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2) 7-Eleven Expands Shelves! —

7-Eleven experiments with larger stores and more product variety, reinventing convenience shopping. #RetailInnovation
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📰 BizToc.com Hourly News Flash

1) Disney's Multibillion-Dollar India Move! —

Disney merges its India business in a whopping $8.5bn deal, eyeing revival in the dynamic Indian media landscape. #MediaMerger
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The Long Investor
RT @BigBullCap: $BABA Citi Says Buy PT $126

Today AliCloud announced a new round of price cuts on its core products on average of 20%, with a maximum of 55%. Recall that the previous round of price cuts was announced in Apr 2023. Given the longer-term plans will enjoy a deeper discount, we believe the new round of price cuts likely aims to attract new customers and locking them in for a longer contract term by lowering their infrastructure costs amid competition and possible higher switching costs for AI Cloud offerings. We believe competitors might follow to remain competitive, which could further squeeze the infrastructure cloud margin for the industry. Nevertheless, by up-selling more value-added services including model-as-a-service and other generative AI applications and higher usage of cloud services, we believe the initiative is likely to help AliCloud capture new demand arising from higher productivity and efficiency needs in the next era of AI computing.
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The Long Investor
RT @TheLongInvest: I can't believe I am saying these words but Dogecoin might be ready to join the Crypto party

Price is $0.08c now as an ease of reference when I repost this later... $DOGE
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