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Day: March 20, 2025

Apple losing over $1 billion a year on streaming service, the Information reports
Business

Apple losing over $1 billion a year on streaming service, the Information reports

March 20, 2025

(Reuters) -Apple is losing more than $1 billion a year on its streaming service, the Information reported on Thursday, citing two people familiar with the

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Nvidia-backed CoreWeave targets up to $32 billion valuation in test for AI IPOs
Business

Nvidia-backed CoreWeave targets up to $32 billion valuation in test for AI IPOs

March 20, 2025

By Manya Saini and Niket Nishant (Reuters) -CoreWeave is targeting a valuation of up to $32 billion on a fully diluted basis in its U.S.

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Meta to seek disclosure on political ads that use AI ahead of Canada elections

Meta to seek disclosure on political ads that use AI ahead of Canada elections

March 20, 2025

(Reuters) -Meta Platforms will ask advertisers to disclose the use of AI or other digital techniques to create or alter a political or social issue

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NBA-Reigning champion Celtics agree to record-breaking $6.1 billion sale

NBA-Reigning champion Celtics agree to record-breaking $6.1 billion sale

March 20, 2025

(Reuters) – The reigning NBA champion Boston Celtics have agreed to a $6.1 billion sale to a group headed by private equity firm Symphony Technology

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