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First Citizens stock price surges after Silicon Valley Bank deal: Shares of the Raleigh, North Carolina-based bank hit an intraday high of over $880 ...
markets.businessinsider.com/news/stocks/first-citizens-stock-price-silicon-valley-bank-svb-deal-news-2023-3
First Citizens stock price surges after Silicon Valley Bank deal
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Stock market news today: Regional banks rally on SVB deal: First Citizens has bought more than 20 other firms since 2008, and it now owns 17 branches of Silicon ...
markets.businessinsider.com/news/stocks/stock-market-news-today-regional-lenders-rally-svb-deal-citizens-2023-3
Stock market news today: Regional banks rally on SVB deal
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SVB's failure will cost FDIC's private insurance fund $20 billion: The FDIC's Deposit Insurance Fund balance stood at $128.2 billion as of late 2022.
markets.businessinsider.com/news/stocks/svb-failure-cost-fdic-private-insurance-fund-20-billion-2023-3
SVB's failure will cost FDIC's private insurance fund $20 billion
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First Citizens stock price surges after Silicon Valley Bank deal: Shares of the Raleigh, North Carolina-based bank hit an intraday high of over $880 ...
markets.businessinsider.com/news/stocks/first-citizens-stock-price-silicon-valley-bank-svb-deal-news-2023-3
First Citizens stock price surges after Silicon Valley Bank deal
Profile picture of Insider (news website)
Stock market news today: Regional banks rally on SVB deal: First Citizens has bought more than 20 other firms since 2008, and it now owns 17 branches of Silicon ...
markets.businessinsider.com/news/stocks/stock-market-news-today-regional-lenders-rally-svb-deal-citizens-2023-3
Stock market news today: Regional banks rally on SVB deal
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SVB's failure will cost FDIC's private insurance fund $20 billion: The FDIC's Deposit Insurance Fund balance stood at $128.2 billion as of late 2022.
markets.businessinsider.com/news/stocks/svb-failure-cost-fdic-private-insurance-fund-20-billion-2023-3
SVB's failure will cost FDIC's private insurance fund $20 billion
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What Congress Should Ask Regulators in SVB’s Aftermath: Some lawmakers blame a bipartisan 2018 reform law for the bank’s collapse. That’s so nonsensical ...
wsj.com/articles/queries-for-congress-silicon-valley-bank-cleanup-fdic-fed-fiscal-policy-interest-rate-risk-2018-8f48edc7
What Congress Should Ask Regulators in SVB’s Aftermath
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'The Billionaire Bailout': FDIC Chair Says the Biggest Deposit Accounts at SVB Held $13 Billion
commondreams.org/news/billionaire-bailout-fdic-svb
'The Billionaire Bailout': FDIC Chair Says the Biggest Deposit ...
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What Ordinary Investors Can Learn From Recent Bank Failures: Turns out, banks fail fairly routinely. Here's what investors can learn from the most recent ...
forbes.com/sites/nataliecolley/2023/03/26/what-ordinary-investors-can-learn-from-bank-failures/
What Ordinary Investors Can Learn From Recent Bank Failures
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Consider yourself lucky if your small business worked with Silicon Valley Bank: Yes, there were some scary moments, it was poorly regulated and your bank failed ...
theguardian.com/business/2023/mar/26/silicon-valley-bank-us-small-businesses
Consider yourself lucky if your small business worked with Silicon Valley ...
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What First Citizens Didn't Pay for Silicon Valley Bank: Hi, it’s Matthew Monks in New York, delving into the small print on First Citizens’ takeover of SVB ...
bloomberg.com/news/newsletters/2023-03-27/how-much-did-first-citizens-pay-for-silicon-valley-bank
What First Citizens Didn't Pay for Silicon Valley Bank
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FDIC Is Probing Management’s Conduct in SVB, Signature Bank Failures: A top US banking regulator has launched investigations into managers’ conduct in the ...
bloomberg.com/news/articles/2023-03-27/fdic-probing-management-conduct-in-svb-signature-bank-failures
FDIC Is Probing Management’s Conduct in SVB, Signature Bank Failures
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The Fed’s Role in the Bank Failures | by Raghuram G. Rajan & Viral V. Acharya - Project Syndicate
project-syndicate.org/commentary/federal-reserve-qe-role-in-svb-signature-bank-failures-by-raghuram-rajan-and-viral-acharya-2023-03
The Fed’s Role in the Bank Failures | by Raghuram G. Rajan & Viral V ...
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Analysis: US bank trading and deposits in focus after rollercoaster month: As U.S. banks prepare to close the books on a tumultuous quarter, analysts say trading ...
reuters.com/business/finance/us-bank-trading-deposits-focus-after-rollercoaster-month-2023-03-27/
Analysis: US bank trading and deposits in focus after rollercoaster month
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Silicon Valley was fastest bank collapse in nearly 30 years, says Bank of England governor – video
theguardian.com/business/video/2023/mar/28/silicon-valley-was-fastest-bank-collapse-in-nearly-30-years-says-bank-of-england-governor-video
Silicon Valley was fastest bank collapse in nearly 30 years ...
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What Does Silicon Valley Bank’s Collapse Mean for Canadians?: The collapse of SVB is sending shockwaves across the tech and banking industry ...
canadianbusiness.com/ideas/svb-collapse-what-happened/
What Does Silicon Valley Bank’s Collapse Mean for Canadians?
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Bank crisis: SVB loaned insiders record $219 million as troubles built: In the lead-up to Silicon Valley Bank's failure, directors and other insiders borrowed a ...
markets.businessinsider.com/news/stocks/banking-crisis-svb-loans-insiders-tripled-record-silicon-valley-bank-2023-3
Bank crisis: SVB loaned insiders record $219 million as troubles built
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Why some Silicon Valley CEOs don't blame SVB for its crash: 'I still fundamentally believe' nothing was 'wrong with the bank'
cnbc.com/2023/03/23/why-some-silicon-valley-ceos-dont-blame-svb-for-its-crash.html
Why some Silicon Valley CEOs don't blame SVB for its crash: 'I still ...
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SVB employee explains his disappointment and anger with the company: An SVB employee shared what it was like inside the bank's downfall and why it was extra ...
businessinsider.com/svb-employee-explains-disappointment-anger-with-the-company-2023-3
SVB employee explains his disappointment and anger with the company
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AI could be as consequential to the economy as electricity, says Jamie Dimon: Jamie Dimon believes artificial intelligence will have a huge impact on global ...
cnn.com/2024/04/08/investing/jamie-dimon-shareholder-letter-ai-future/
AI could be as consequential to the economy as electricity ...
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
  • JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.

  • Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.

  • Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.

  • Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
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OpenAI bids for Japan business as it opens Tokyo office: Microsoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as ...
reut.rs/3TXmsee
OpenAI bids for Japan business as it opens Tokyo office
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What to expect from bank earnings as high interest rates pressure smaller players
cnbc.com/2024/04/11/bank-earnings-high-interest-rates-set-to-pressure-small-players.html
What to expect from bank earnings as high interest rates pressure smaller ...
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What’s the cheapest way to the edge of space? Ride a balloon: Spanish startup HALO Space hopes to begin commercial flights to near-space in 2026 ...
cnn.com/2024/04/16/travel/halo-space-near-space-balloon-trip/
What’s the cheapest way to the edge of space? Ride a balloon
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Rivian (RIVN) hits a milestone after its 100,000th EV rolls off the production line
electrek.co/2024/04/03/rivian-rivn-100000th-ev/
Rivian (RIVN) hits a milestone after its 100,000th EV rolls off the ...
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OpenAI makes ChatGPT's accessible without requiring sign ups: OpenAI will start allowing users to access its free-to-use ChatGPT generative AI chatbot without ...
reuters.com/technology/openai-makes-chatgpts-accessible-without-requiring-sign-ups-2024-04-01/
OpenAI makes ChatGPT's accessible without requiring sign ups
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Coinbase partner ClearBank posts first full-year of profit as revenue almost doubles
cnbc.com/2024/04/04/coinbase-partner-clearbank-posts-first-full-year-of-profit.html
Coinbase partner ClearBank posts first full-year of profit as revenue ...
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Mystery about Bayer Leverkusen: Why do the fans sing SVB?: During Bayer Leverkusen's championship, the abbreviation SVB could be read again and again ...
rnd.de/sport/raetsel-um-bayer-leverkusen-warum-singen-die-fans-svb-UYOJKDSV4JHD5PBYE7SH24FFWA.html
Mystery about Bayer Leverkusen: Why do the fans sing SVB?
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Ibotta goes public today. We spoke to its CEO about riding the tech IPO wave: Ibotta founder and CEO Bryan Leach on why it's going public now and its AI ...
qz.com/ibotta-ipo-ceo-bryan-leach-interview-ai-walmart-1851416943
Ibotta goes public today. We spoke to its CEO about riding the tech IPO ...
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Trump Media (DJT) Plunges After Registering Shares, Warrants for Sale: Donald Trump’s social media startup tumbled on Monday, extending a two-week slump ...
bloomberg.com/news/articles/2024-04-15/trump-media-plunges-after-registering-shares-warrants-for-sale
Trump Media (DJT) Plunges After Registering Shares, Warrants for Sale
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
  • The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.

  • Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.

  • The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.

  • Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
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Citadel-Backed Prime Brokerage in Talks to Raise Fresh Capital - Bloomberg: A startup prime brokerage backed by Citadel Securities is the latest firm looking to ...
bloomberg.com/news/articles/2024-04-17/citadel-backed-prime-brokerage-in-talks-to-raise-fresh-capital
Citadel-Backed Prime Brokerage in Talks to Raise Fresh Capital - Bloomberg
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Trump Mastered The Art of the SPAC Deal. Cashing Out Is Harder: The value of Donald Trump’s stake in his media startup may have shrunk since going public through ...
bloomberg.com/news/articles/2024-04-16/trump-mastered-the-art-of-the-spac-deal-cashing-out-is-harder
Trump Mastered The Art of the SPAC Deal. Cashing Out Is Harder
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Canoo spent twice its annual revenue on CEO’s private jets last year: EV startup Canoo paid $1.7 million for CEO Tony Aquila’s private jet bills ...
electrek.co/2024/04/04/canoo-spent-twice-its-annual-revenue-on-its-ceos-private-jets-last-year/
Canoo spent twice its annual revenue on CEO’s private jets last year
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Elon Musk's xAI is luring more investors via SPVs with high fees: Musk's AI startup was built out of Twitter. Now it's looking to get investors to chip in at ...
businessinsider.com/elon-musk-xai-luring-more-investors-spv-high-fees
Elon Musk's xAI is luring more investors via SPVs with high fees
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Meet The AI Entrepreneur Who Used LinkedIn To Raise $13.8 Million: Benjamin Harvey, the CEO of AI Squared, says he’s added investors including former TIAA CEO ...
forbes.com/sites/jabariyoung/2024/04/17/meet-the-ai-entrepreneur-who-used-linkedin-to-raise-138-million/
Meet The AI Entrepreneur Who Used LinkedIn To Raise $13.8 Million
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Fisker adds new US dealer and several more in Europe as extreme price cuts take effect
electrek.co/2024/04/15/fisker-adds-new-dealers-extreme-price-cuts-take-effect/
Fisker adds new US dealer and several more in Europe as extreme price cuts ...
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AI startup Stability lays off 10% of staff after controversial CEO's exit: Read the full memo
cnbc.com/2024/04/18/ai-startup-stability-lays-off-10percent-of-employees-after-ceo-exit.html
AI startup Stability lays off 10% of staff after controversial CEO's exit: ...
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The payment of more interest on deposits hurts the bottom line of large US banks: The profit of the six main entities falls 3% in the first quarter despite the ...
english.elpais.com/economy-and-business/2024-04-17/the-payment-of-more-interest-on-deposits-hurts-the-bottom-line-of-large-us-banks.html
The payment of more interest on deposits hurts the bottom line of large US ...
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Italy Frugal Pharma Billionaire Eyes Global Leader Spot in Drug Injection: If you got a Covid or flu shot this winter, the vaccine may well have come out of a ...
bloomberg.com/news/articles/2024-04-13/italy-frugal-pharma-billionaire-eyes-global-leader-spot-in-drug-injection
Italy Frugal Pharma Billionaire Eyes Global Leader Spot in Drug Injection
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How to balance two jobs at the same time: Danielle Shultz, 36, is a dancer at The Metropolitan Opera. She also runs a startup that works with Google, Meta ...
businessinsider.com/how-to-balance-two-jobs-at-same-time-side-hustles-2024-4
How to balance two jobs at the same time
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Britishvolt ‘gigafactory’ site sold for £110m to US private equity firm: Blackstone’s plans for data centre unlikely to generate thousands of jobs failed startup ...
theguardian.com/business/2024/apr/15/britishvolt-gigafactory-site-sold-110m-us-private-equity-firm-blackstone-data-centre-northumberland
Britishvolt ‘gigafactory’ site sold for £110m to US private equity firm
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One of Elon Musk's newer companies is eyeing an $18 billion valuation: A new report found that investor are in talks to raise $3 billion for Elon Musk's AI ...
thestreet.com/technology/xai-artificial-intelligence-elon-musk-companies-valuation-investors-report
One of Elon Musk's newer companies is eyeing an $18 billion valuation
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Cache’s Swap Fund Offering Seeks to Help Tech Millionaires Chase Tax Shields: Soaring stock prices have turned thousands of tech workers into millionaires whose ...
bloomberg.com/news/articles/2024-04-11/tech-millionaires-chase-billionaire-tax-shields-with-swap-fund
Cache’s Swap Fund Offering Seeks to Help Tech Millionaires Chase Tax ...
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'Bitcoin Sign Guy' Is Auctioning His Bitcoin Sign: Christian Langalis, whose 2017 photo-bombing of Janet Yellen became a viral meme, will use the proceeds to ...
coindesk.com/business/2024/04/11/bitcoin-sign-guy-is-auctioning-his-bitcoin-sign/
'Bitcoin Sign Guy' Is Auctioning His Bitcoin Sign
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Patent dispute: Amazon should pay half a billion US dollars in fines - Golem.de: A court has ruled that Amazon Web Services has infringed several patents.
golem.de/news/patentstreit-amazon-muss-eine-halbe-milliarde-us-dollar-strafe-zahlen-2404-184039.html
Patent dispute: Amazon should pay half a billion US dollars in fines - ...
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AI startup Mistral launches a 281GB AI model to rival OpenAI, Meta, and Google: Available through an open-source format, Mistral's newest LLM model arrives ...
zdnet.com/article/ai-startup-mistral-launches-a-281gb-ai-model-to-rival-openai-meta-and-google/
AI startup Mistral launches a 281GB AI model to rival OpenAI, Meta ...
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India's Ola to stop ride-hailing operations in international markets: Ola said on Tuesday it was exiting its ride-hailing businesses in the UK ...
reuters.com/world/india/indias-ola-stop-ride-hailing-operations-international-markets-2024-04-09/
India's Ola to stop ride-hailing operations in international markets
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With Tech Breakthroughs on the Horizon, Startups Can Revitalize Japan
japannews.yomiuri.co.jp/editorial/political-pulse/20240413-180106/
With Tech Breakthroughs on the Horizon, Startups Can Revitalize Japan
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The 11 startups most likely to IPO in 2024, according to analysts: There are signs that the IPO market could be coming back to life. Here are the 11 top ...
businessinsider.com/the-11-startups-most-likely-to-ipo-in-2024-2024-3
The 11 startups most likely to IPO in 2024, according to analysts
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Neuralink rival Synchron is recruiting patients for a big brain chip clinical trial
qz.com/synchron-elon-musk-neuralink-brain-chip-clinical-trial-1851394934
Neuralink rival Synchron is recruiting patients for a big brain chip ...
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Google CEO Sundar Pichai on start-ups: ‘Always susceptible to someone in a garage…’ | Mint
livemint.com/companies/people/google-ceo-sundar-pichai-on-start-ups-always-susceptible-to-someone-in-a-garage-11712911605023.html
Google CEO Sundar Pichai on start-ups: ‘Always susceptible to someone in a ...
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London's Olympic Village thrives: Twelve years after the Games, the district is growing with apartments, museums, universities and tech companies ...
faz.net/aktuell/wirtschaft/londons-olympisches-dorf-blueht-auf-19637154.html
London's Olympic Village thrives
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See inside an NYC townhouse where 28 roommates pay up to $2,700/month: Coliving startup Cohabs owns 14 NYC locations where people pay for furnished rooms with ...
businessinsider.com/cohabs-harlem-new-york-townhouse-tour-coliving-costs-benefits-photos-2024-4
See inside an NYC townhouse where 28 roommates pay up to $2,700/month
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AI Firm Is Best Performing Ex-SPAC, Surging Past Trump Media: Vertiv Holdings Co. has captured the title of the best-performing company to go public in a ...
bloomberg.com/news/articles/2024-04-08/ai-firm-is-best-performing-ex-spac-surging-past-trump-media
AI Firm Is Best Performing Ex-SPAC, Surging Past Trump Media
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‎HBR IdeaCast: A Roadmap for Today's Entrepreneurs on Apple Podcasts: Many people aspire to entrepreneurship but we all know it's a high-risk endeavor ...
podcasts.apple.com/us/podcast/a-roadmap-for-todays-entrepreneurs/id152022135
‎HBR IdeaCast: A Roadmap for Today's Entrepreneurs on Apple Podcasts
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Elon Musk’s xAI poaches another engineer from Tesla in a clear conflict of interest
electrek.co/2024/04/03/elon-musk-xai-poaches-engineer-tesla-clear-conflict-of-interest/
Elon Musk’s xAI poaches another engineer from Tesla in a clear conflict of ...
Quick Glance: Potential Risk: Tesla Stock Price Faces Dramatic Decline
  • Per Lekander labels Tesla as the largest stock market bubble in modern history.

  • He warns that the absence of growth endangers Tesla's stock price and poses a risk of collapse.

  • Lekander forecasts a potential drop in the stock price to just $14 per share, reflecting a 91% decrease. He critiques Tesla's business model and highlights current demand challenges.
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Evaluation of CB Insights: These AI start-ups are the most invested in worldwide: Despite the generally difficult economic situation, many AI start-ups can ...
horizont.net/tech/nachrichten/auswertung-von-cb-insights-in-diese-ki-start-ups-wird-weltweit-am-meisten-investiert-219105
Evaluation of CB Insights: These AI start-ups are the most invested in ...
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UK startup achieves major breakthrough in quest for space-based solar power: A UK startup has claimed a major breakthrough in its plans to beam solar energy from ...
thenextweb.com/news/uk-startup-breakthrough-space-based-solar-energy
UK startup achieves major breakthrough in quest for space-based solar ...
Quick Glance: Breakthrough for UK Startup in Space-Based Solar Energy
  • A British company has announced a significant advancement in transmitting solar energy from space to Earth.

  • In a laboratory in Belfast, Oxford's Space Solar illuminated an LED sign by wirelessly transmitting energy through the air from all directions, marking a milestone as the world's first 360-degree wireless energy transmission.

  • The crucial aspect for space-based solar satellites is the capability to transmit energy to Earth from all angles.

  • Space Solar aims to establish the first commercial solar power plant in space within the next decade to provide enough power for a large town.
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US selects Nigerian startup for AI programme: A Nigerian startup, GFA Technologies, has been selected by the US Department of State to participate in the ...
punchng.com/us-selects-nigerian-startup-for-ai-programme/
US selects Nigerian startup for AI programme