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In recent years, the financial technology industry has undergone a significant transformation, with industry experts and investors suggesting that the sector has hit a “bottom.” At the Money20/20 event in Amsterdam, executives and investors expressed optimism about the industry’s outlook, pointing to a correction in valuations from the unsustainable highs of 2020 and 2021. This
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The discovery of famed British polar explorer Sir Ernest Shackleton’s last expedition ship, Quest, at the bottom of the Atlantic off Canada’s coast has made headlines, as searchers announced this significant find. The Royal Canadian Geographical Society boss, John Geiger, revealed the news during a press conference, stating that the shipwreck was located in the
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Sony Pictures made headlines recently with the announcement of its acquisition of Alamo Drafthouse, the seventh-largest movie theater chain in North America. This move marks the first time a major studio has purchased a theater chain since the Department of Justice’s antitrust division terminated certain restrictions in 2020. The Paramount Consent Decrees, enacted in 1948,
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President Joe Biden recently celebrated the latest inflation report that revealed consumer prices did not increase in May compared to April. This marked the first time since 2022 that the month-over-month inflation rate in the U.S. remained flat. This news was welcomed by the President, who acknowledged that while prices are still high, there has
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