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Distance Technologies, a promising Finnish startup, is stealing the spotlight with its innovative approach to mixed-reality technology. Recently, the company successfully secured funding amounting to 10 million euros (approximately $11.1 million). This financial infusion came from GV, the venture capital branch of Alphabet Inc., alongside contributions from existing investors such as FOV Ventures and Maki.vc.
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In the evolving landscape of finance, blockchain technology and tokenization are paving the way for innovative investment opportunities that challenge conventional financial models. This shift is epitomized by recent developments from Janus Henderson, which has announced a partnership with Anemoy Limited and Centrifuge to launch the Liquid Treasury Fund (LTF). This pioneering on-chain fund seeks
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The Women’s National Basketball Association (WNBA) has undergone a remarkable transformation during the 2024 season, witnessing an unprecedented rise in viewership and attendance that has set new benchmarks for women’s sports. With the emergence of dynamic young players such as Caitlin Clark and Angel Reese, the league has captivated the attention of basketball fans and
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In a surprising turn of events, New World Development, a significant player in Hong Kong’s real estate sector, experienced a notable increase in share prices following the resignation of Adrian Cheng, a prominent figure within the company’s founding family. The stock rose by 23% as trading resumed, highlighting how pivotal leadership changes can influence market
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In a dynamic landscape dominated by rapid advancements in artificial intelligence, OpenAI stands out as one of the most regarded names in the industry. However, recent executive departures have sparked concerns among investors regarding its stability and future prospects. The resignation of Chief Technology Officer Mira Murati, coupled with the exit of two prominent research
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In a landmark decision, the Food and Drug Administration (FDA) has granted approval for Cobenfy, a medication developed by Bristol Myers Squibb, marking a significant breakthrough in the treatment of schizophrenia. This approval is particularly momentous as it introduces the first novel class of schizophrenia medication in over seventy years. Schizophrenia is a chronic psychiatric
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