Tech Archives - Page 25 of 48 - MediaCatalyst : News - Opinion

03 Sep

CRDA to acquire 1,800 acres in Amaravati for capital development

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CRDA to acquire 1,800 acres in Amaravati for capital development P. Narayana appealed to small group of farmers in Amaravati to part with their lands under the Land Pooling Scheme (LPS) He said land pooling would provide them significantly higher long-term benefits compared to land acquisition . Read full story: Source

03 Sep

Which came first — Madras or Chennai?

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Which came first — Madras or Chennai? Madras and Chennai were first mentioned in Venkatadri Nayak’s land grant of 1639 . Madras was to the north of the fort, Chennapatnam was the name of the land on which Fort St. George came to be built . In 1672, a fresh grant was needed, this time from the new power, namely Golconda . By 1802, a Marathi manuscript reversed history and the fort became Madras . Read full story: Source

03 Sep

Bitcoin bucks stock market downtrend but lags gold rally

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Bitcoin bucks stock market downtrend but lags gold rally The price of digital gold rose more than 1% to reclaim the $110,000 level after dropping to a low last seen in July . The moves came amid a sell-off in stocks and a jump in bond yields . Meanwhile, ether fell 2% to about $4,200 . Read full story: Source

03 Sep

Starbucks to launch protein-packed cold foam, lattes later this month

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Starbucks to launch protein-packed cold foam, lattes later this month Protein cold foam will be available in a variety of flavors starting Sept. 29 . The protein cold foam has become one of the most popular modifications that Starbucks customers can make to their drinks . Read full story: Source

03 Sep

Anthropic raises $13 billion funding round at $183 billion valuation

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Anthropic raises $13 billion funding round at $183 billion valuation Artificial intelligence startup Anthropic announced it has closed a $13 billion funding round at a $183 billion post-money valuation . The most recent funding round was led by Iconiq, Fidelity Management & Research Co. and Lightspeed Venture Partners . Read full story: Source

03 Sep

Paramount and Activision partner on Call of Duty live-action film

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Paramount and Activision partner on Call of Duty live-action film The studio announced Tuesday that it had inked a deal with Microsoft-owned Activision to develop, produce and distribute a live-action feature film based on the first-person shooter game . Call of Duty has been the best-selling video game series in the U.S. for 16 consecutive years, with more than 500 million copies sold globally . Read full story: Source

03 Sep

Airplane leasing world shrinks with $7.4 billion takeover of Air Lease

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Airplane leasing world shrinks with $7.4 billion takeover of Air Lease Air Lease agreed to sell itself in a deal that would take it private to a group of investors for $7.4 billion . Shareholders would receive $65 per share, a nearly 8% premium to Friday's close . A shortage of aircraft in recent years has pushed rental rates to records for both new and older models alike . The take-private deal underscores a wave of consolidation in the industry . Read full story: Source

03 Sep

OpenAI acquires Statsig for $1.1 billion, brings on CEO as applications executive

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OpenAI acquires Statsig for $1.1 billion, brings on CEO as applications executive Statsig helps OpenAI test features and use real-time data in their operations . Statsig CEO Vijaye Raji joins OpenAI as technology chief in the applications unit . The acquisition is still subject to customary closing conditions, including regulatory approval . Read full story: Source

03 Sep

Salesforce CEO confirms 4,000 layoffs ‘because I need less heads’ with AI

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Salesforce CEO confirms 4,000 layoffs ‘because I need less heads' with AI Salesforce CEO Marc Benioff revealed the layoffs during an interview published Friday on The Logan Bartlett Show podcast . Salesforce has been on the front lines of the AI revolution and has built what it calls an "Agentforce" of customer service bots . Analyst: AI is being blamed by tech companies that over hired during pandemic . Read full story: Source

03 Sep

The hidden gem of Home Depot’s over $22 billion of deals to boost its pro sales

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The hidden gem of Home Depot's over $22 billion of deals to boost its pro sales California-based Reflect Roofing launched its business nearly two years ago and promptly opened its first line of credit with building products supplier SRS Distribution. The $50,000 limit allowed Reflect to jumpstart its early projects. Co-owner Christy Silva told CNBC her company plans to continue using the interest-free financing option to scale the business. "A lot of their stuff is more expensive. But it's the convenience of them delivering it, accounting for what's there, and the ability to schedule with them. They're super helpful," Silva…