News
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CNN+ streaming service will shut down weeks after it started
The shutdown is an ignominious end to an operation into which CNN sank tens of millions of dollars: from a nationwide marketing campaign to hundreds of newly hired employees to big contracts for name-brand
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Elon Musk says he has financing to take Twitter buyout bid to investors
Musk's filing pointed to a $13 billion debt facility from a financing consortium led by Morgan Stanley, a separate $12.5 billion margin loan from the same bank, as well as $21 billion from Musk's personal fortune
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WHO 'strongly recommends' Pfizer's Covid pill
The World Health Organization said it strongly recommended the Pfizer antiviral pill Paxlovid for patients with milder forms of the disease who were still at a high risk of hospitalisation
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Barack Obama calls for tighter reins on big tech
The former US president called out Silicon Valley, urging tech companies to stop dividing society and undermining democracy
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China axes 15 coal plants abroad after Xi pledge, but loopholes remain
The cancelled projects would have generated 12.8 gigawatts of electricity — or the total power generation capacity in Singapore, a new study finds, but a lack of clear rules has allowed Chinese developers to continue to build new coal power projects despite the ban
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From the Wolf of Wall Street to a self-styled crypto wolf
Jordan Belfort is best known for "The Wolf of Wall Street", a tell-all memoir about his debauched 1990s career in high finance. These days, he's a consultant and sales coach, charging tens of thousands of dollars for private sessions to blockchain enthusiasts and crypto entrepreneurs at his Miami beach
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Mystery persists after initial report into China Eastern jet crash
A preliminary report released Wednesday by China's aviation safety regulator failed to dispel much of the mystery about why a China Eastern jet suddenly went into a nosedive in clear weather last month and crashed into a muddy hillside, killing all 132 people aboard
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IMF, World Bank chiefs warn of pandemic, war impact on poor nations
IMF managing director Kristalina Georgieva told reporters that 60 percent of low-income countries were in or near "debt distress'' — an alarming threshold reached when their debt payments equal half the size of their national economies
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Big agriculture, climate slashing insect populations 'by half'
The study published in Nature found that the double whammy of global warming and shrinking habitats has not just hit population numbers, but also provoked a 27 percent drop in the diversity of species
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Bitcoin's new puzzle: How to ditch fossil fuels and go green
In the world of bitcoin mining, access to cheap and reliable electricity is everything. Many economists and environmentalists have warned that the process of mining digital currencies is becoming increasingly energy intensive and potentially unsustainable
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Twitter, analysts wary of Elon Musk takeover bid
The global one-to-many messaging platform is moving to prevent the Tesla boss from getting his hands on all of Twitter's outstanding shares, signaling that worries about where the Tesla boss would lead the company outweigh the proffered payoff