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Trump asks court to pause law that could ban TikTokStock market today: Wall Street slips as technology stocks drag on the marketBSE & NSE Fine Go Digit For Delay In Furnishing Data
Stock market today: Wall Street slips as technology stocks drag on the marketB.C. Premier David Eby says the NDP government and BC Green Party have reached a consensus of legislative priorities to work on together when a new session of Parliament begins next year. Eby said in a statement released Friday that he knows British Columbians expect political parties to work together, and that’s just what the NDP will be doing with the BC Green Party, who hold 47 seats and two seats, respectively, in the B.C. Legislature, while the opposition Conservatives hold 44. Eby said the shared priorities include strengthening the party’s health care system, affordable housing and a sustainable economy. “We are two distinct parties with two distinct identities, and we won’t always agree. We also have many shared values. The agreement lays out specific areas of action we will work together to achieve,” Eby said. The premier said the agreement helps stabilize government so that legislative priorities can be delivered. More to come...
Joseph McBride – Liverpool Former Egypt defender Haytham Farouk has claimed that Mohamed Salah has signed a new Liverpool contract after the club agreed to his demands. Farouk, who played for Egypt between 1993 and 1999, shared an old photo of himself with Salah and congratulated the winger on apparently renewing his deal at Liverpool. In a post on X, Farouk wrote: “Congratulations on renewing your contract with the number you like and the period you want. The Egyptian king rules with his own judgments.” Farouk is also a popular analyst on beIN Sports, and has excited Liverpool fans due to his connection with Salah. Farouk’s post was published on Dec. 4, the same day that Liverpool drew 3-3 with Newcastle United. In that game, Salah scored twice as he took his Premier League goal tally to 13 for the season. After the game, head coach Arne Slot spoke about Salah’s importance at Liverpool, and appeared to place pressure on the board to resolve his situation. “We are hoping and expecting he can continue this for a long time,” Slot said. “He was outstanding in the second half, he did many special things for us.” Slot has been asked constantly about the future of Salah, due to his contract expiring at the end of the season. The Liverpool head coach has been reluctant to discuss the situation since joining the club in the summer, but let his guard down on Wednesday night. The head coach then added: “I have seen many games of last season but it is always difficult to judge a player if you are not there. What I did most was [look at] style of play and team performance and not that much the individual performance and what I noticed from the start, when he came in [in preseason was] how fit he was, how ready he was to make it a very good season for him.Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here . This week in startup news, we have some contrarian bets, funding rounds from all around the world, new VC funds, and a final word of warning. Most interesting startup stories from the week Several stories this week remind us that just because something didn’t work earlier doesn’t mean it isn’t worth trying from a different angle. Plus, one M&A that gives us a break from other WordPress news. New wave : A new wave of desalination startups is working on deep-sea reverse osmosis , a technology that’s becoming easier to deploy and could bring savings, with projections that it could produce water using 30% to 50% less energy than onshore reverse osmosis. Filling the gap : YC’s latest batch had plenty of AI startups, and some interesting enterprise ones , but the accelerator has reduced its focus on developing markets. In Africa, local accelerators backed by African YC alumni are taking this as an opportunity with new programs. Bett(h)er : WaveForms AI, a new audio large language model (LLM) company, hopes to make AI more personable with its own foundational models. Its founder, Alexis Conneau, is obsessed with the movie “Her,” but also thinking hard about how not to create a dystopia . “We want to do precisely the opposite of what the company in that movie does,” he told TechCrunch. Automatic for the bots : WPAI, a startup that builds AI solutions for WordPress, is getting acquired by Automattic . Its team will lead WordPress’ AI efforts. Most interesting fundraises this week With the end of the year fast approaching, this week brought us many funding rounds, so here’s a sample that also showcases their range, both in size and in geographic distribution. Taking off : Archer Aviation, a startup building vertical takeoff and landing (VTOL) aircraft, raised $430 million in fresh equity funding that brought its total financing to nearly $2 billion. Archer also closed an exclusive partnership with Anduril to jointly build defense aircraft. Stealthy no more : Berlin-based startup Upvest, which makes a stock-trading API used by some of Europe’s biggest fintech companies, raised a €100 million Series C round ($105 million) led by once-secretive VC firm Hedosophia. Robot steps : Swiss robotics company Anybotics, an ETH Zürich spinout building quadruped autonomous inspection robots for industrial applications, raised another $60 million , bringing its Series B round of financing to a total of $110 million. The capital will help it expand in the U.S., where it recently opened an office in San Francisco. Strong credentials : Flare, a Canadian threat exposure management startup, closed a $30 million Series B round of funding led by Base10 Partners . The company wants to help SMBs and mid-market companies thwart the rise of info-stealer malware, or software that collects login credentials, as happened in the Snowflake incident earlier this year. Crossing the Channel : Aqemia, a French startup in the hot AI-enabled drug discovery space, raised its second fundraise of the year: a new $38 million round led by Cathay Innovation, which it will use to hire and open an office in London. Letting VCs in : Numia, a startup from Argentina that brings offline and online customer interaction data into one place, announced a $3.5 million seed round led by Cometa. CEO Gustavo Lauria said the company is already profitable but decided to raise outside capital for the first time to reach customers that are also limited partners in venture funds. Most interesting VC and fund news this week Open to confusion : The OpenAI Startup Fund raised over $44 million for its fifth special purpose vehicle (SPV), which a spokesperson said “will be used to support a variety of existing portfolio companies and to make new investments.” Despite its name, the fund says it doesn’t have OpenAI as an investor but that its backers include Microsoft and other OpenAI partners. New dimension : Dimension Capital raised an oversubscribed $500 million fund to keep on investing at the intersection of tech and life sciences. Portfolio companies include AI biotech companies Chai Discovery and Enveda Biosciences. Paper tiger : Known for the “spray and pray” strategy that led it to invest in over 315 startups in 2021 alone, the 15th fund of hedge fund Tiger performed particularly poorly, with paper losses standing at more than 15% , according to a recent disclosure. Last but not least In an interview, Lead Edge Capital founder and managing partner Mitchell Green told TechCrunch editor-in-chief Connie Loizos that there is “too much money chasing too few companies that are overvalued.” This makes his firm increasingly steer away from typical venture capital deals and toward buyout-like “control deals” more commonly associated with private equity. “I also refuse to invest in companies at 100 times or 200 times or 500 times revenue. That game will end badly,” he predicted.
Stocks closed higher on Wall Street as the market posted its fifth straight gain and the Dow Jones Industrial Average notched another record high. The S&P 500 rose 0.3%. The benchmark index’s 1.7% gain for the week erased most of its loss from last week. The Dow rose 1% as it nudged past its most recent high set last week, and the Nasdaq composite rose 0.2%. Markets have been volatile over the last few weeks, losing ground in the runup to elections in November, then surging following Donald Trump’s victory, before falling again. The S&P 500 has been steadily rising throughout this week to within close range of its record. It’s now within about 0.5% of its all-time high set last week. “Overall, market behavior has normalized following an intense few weeks,” said Mark Hackett, chief of investment research at Nationwide, in a statement. Several retailers jumped after giving Wall Street encouraging financial updates. Gap soared 12.8% after handily beating analysts’ third-quarter earnings and revenue expectations, while raising its own revenue forecast for the year. Discount retailer Ross Stores rose 2.2% after raising its earnings forecast for the year. EchoStar fell 2.8% after DirecTV called off its purchase of that company’s Dish Network unit. Smaller company stocks had some of the biggest gains. The Russell 2000 index rose 1.8%. A majority of stocks in the S&P 500 gained ground, but those gains were kept in check by slumps for several big technology companies. Nvidia fell 3.2%. Its pricey valuation makes it among the heaviest influences on whether the broader market gains or loses ground. The company has grown into a nearly $3.6 trillion behemoth because of demand for its chips used in artificial-intelligence technology. Intuit, which makes TurboTax and other accounting software, fell 5.7%. It gave investors a quarterly earnings forecast that fell short of analysts’ expectations. Facebook owner Meta Platforms fell 0.7% following a decision by the Supreme Court to allow a multibillion-dollar class action investors’ lawsuit to proceed against the company. It stems from the privacy scandal involving the Cambridge Analytica political consulting firm. All told, the S&P 500 rose 20.63 points to 5,969.34. The Dow climbed 426.16 points to 44,296.51, and the Nasdaq picked up 42.65 points to close at 2,406.67. European markets closed mostly higher and Asian markets ended mixed. Crude oil prices rose. Treasury yields held relatively steady in the bond market. The yield on the 10-year Treasury fell to 4.41% from 4.42% late Thursday. In the crypto market, bitcoin hovered around $99,000, according to CoinDesk. It has more than doubled this year and first surpassed the $99,000 level on Thursday. Retailers remained a big focus for investors this week amid close scrutiny on consumer spending habits headed into the holiday shopping season. Walmart, the nation’s largest retailer, reported a quarter of strong sales and gave investors an encouraging financial forecast. Target, though, reported weaker earnings than analysts’ expected and its forecast disappointed Wall Street. Consumer spending has fueled economic growth, despite a persistent squeeze from inflation and high borrowing costs. Inflation has been easing and the Federal Reserve has started trimming its benchmark interest rates. That is likely to help relieve pressure on consumers, but any major shift in spending could prompt the Fed to reassess its path ahead on interest rates. Also, any big reversals on the rate of inflation could curtail spending. Consumer sentiment remains strong, according to the University of Michigan’s consumer sentiment index. It revised its latest figure for November to 71.8 from an initial reading of 73 earlier this month, though economists expected a slight increase. It’s still up from 70.5 in October. The survey also showed that consumers’ inflation expectations for the year ahead fell slightly to 2.6%, which is the lowest reading since December of 2020. Wall Street will get another update on how consumers feel when the business group The Conference Board releases its monthly consumer confidence survey on Tuesday. A key inflation update will come on Wednesday when the U.S. releases its October personal consumption expenditures index. The PCE is the Fed’s preferred measure of inflation and this will be the last PCE reading prior to the central bank’s meeting in December.US alleges China hacked calls of 'very senior' political figures, official says
New 2025 laws hit hot topics from AI in movies to rapid-fire gunsJalandhar: Although the reasons for the prevailing crisis in Shiromani Akali Dal (SAD) and the upheaval within the Sikh polity are usually projected as religious, they fundamentally stem from issues of justice and equitable law enforcement. Law was not allowed to take its own course in multiple cases and at multiple levels. Rather, the govt and law enforcement agencies helped those who were on the wrong side of the law. In the four points outlined by the SAD Sudhar Lehar leaders in their complaint to Akal Takht, which were read out by the Akal Takht Jathedar to SAD former president Sukhbir Singh Badal as charges against him, only one — pardon to Sirsa dera chief by the Akal Takht — pertained to the religious domain. That too was a case of using state and political influence over religious affairs. The other three points — withdrawing the 2007 blasphemy case against the Sirsa dera chief, failure to find and punish the accused in sacrilege cases of 2015, police firing at peacefully protesting Sikhs and killing two of them at Behbal Kalan, appointment of Sumedh Saini as DGP and rewarding former DGP Izhar Alam despite serious allegations of fake encounters against them — pertained to the justice delivery system . In the blasphemy case of May 2007, in which Sirsa dera chief Gurmeet Ram Rahim was accused of imitating Guru Gobind Singh and there was huge turmoil in the state, even the state home department gave sanction for his prosecution. But the justice delivery system was blocked and the charge-sheet was never filed in the trial court, even as a senior Punjab Police officer filed an affidavit in the Punjab and Haryana high court stating that the case was registered against the dera chief after investigations and they had enough evidence to prosecute him. Instead, police filed a cancellation report in a Bathinda court just ahead of the 2012 assembly elections. In Aug 2014, the district and sessions judge, Bathinda, discharged the dera chief on the ground that the charge-sheet was not presented against him within the stipulated time of three years and accepted the cancellation report. In the case of sacrilege, the issue was primarily of enforcement of law as initially it was a case of theft of “bir” of Guru Granth Sahib from the gurdwara of Burj Jawahar Singh Wala village, Faridkot district, on June 1, 2015. The final act of sacrilege happened well after four months on Oct 12, that too after an abusive warning through posters, at least two weeks before the final act. In this connection, Sudhar Lehar’s allegation was that there was a failure in finding the culprits and getting them punished. The police firing at Behbal Kalan on Oct 14, 2015, was also found blatantly illegal and even a murder case was registered against unidentified police officials initially, and action against them happened during the Congress regime. The issue of appointment of Sumedh Saini as Punjab DGP and the induction of former DGP Izhar Alam in the SAD and giving his wife an assembly ticket, even though both the top officers faced allegations of extrajudicial killings in Punjab, also pertained to helping or rewarding those who faced allegations of gross illegalities, whereas before coming to power in 1997, Parkash Singh Badal promised justice in such cases. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword .Should children be banned from social media? Have your say
MIAMI — Jimmy Butler took some time away from basketball for a different game Thursday evening. The Heat superstar and his coffee brand, Bigface, partnered with Bacardi to debut the Miami Rum Room Domino Club one-night popup at Byblos in Miami Beach. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Stock market today: Wall Street slips as technology stocks drag on the market2 No-Brainer Mining Stocks to Buy With $200 Right Now
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