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In a notable development, British oil major Shell has announced a considerable downturn in its annual profits for the year 2024. The company’s adjusted earnings fell to $23.72 billion, which marks a decline from the previous year’s $28.25 billion. This significant decrease prompts a deeper exploration of the factors contributing to the lower financial performance
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The competitive landscape of artificial intelligence has recently been amplified by allegations from OpenAI about the practices of DeepSeek, a Chinese tech firm that recently launched its open-source R1 AI model. According to OpenAI, evidence suggests that DeepSeek may have utilized outputs from its own AI models to enhance their product, raising serious ethical and
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Satellite imagery and data analysis company Planet has recently made headlines with the announcement of a significant $230 million contract. This contract is pivotal for Planet’s growth as it marks a substantial venture into the satellite services sector, a move that could redefine their operational strategy and market standing. CEO Will Marshall emphasized the importance
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In an exciting development for the British royal family, Princess Beatrice has welcomed a new addition, a daughter named Athena Elizabeth Rose Mapelli Mozzi. The announcement comes from Buckingham Palace, confirming that Athena arrived several weeks earlier than expected, following a scheduled birth due in early spring. The news has sparked celebrations and heartfelt messages
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Norway’s Government Pension Fund Global, known as the largest sovereign wealth fund globally, has recently demonstrated impressive financial performance by achieving a remarkable profit of 2.5 trillion kroner (approximately $222.4 billion) for the year 2024. This substantial profit marks an increase over the previous year’s record of 2.22 trillion kroner. With such significant returns, the
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