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Año: 2024

Coco Gauff Named Team USA Flagbearer for Paris Olympics

Coco Gauff Named Team USA Flagbearer for Paris Olympics

Coco Gauff has been chosen to carry the Team USA flag at the 2024 Paris Olympics opening ceremony, becoming the first tennis player to receive the honor. She will share the distinction with basketball legend LeBron James. At just 20 years old, Gauff, the world No. 2 and reigning U.S. Open champion, will become the youngest American flag bearer in Olympic history, surpassing Cindy Nelson, who held the role at the 1976 Innsbruck Winter Games. Gauff expressed her gratitude on social media, saying, "I just want to thank my fellow Olympians/Team USA for voting and choosing me for this incredible…
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Jeff Bezos’ Family Office Increases Investment in AI

Jeff Bezos’ Family Office Increases Investment in AI

Sun Valley, Idaho — Jeff Bezos, known for his lavish acquisitions, such as a $165 million estate in Los Angeles and a $500 million yacht, is now making major inroads into artificial intelligence through his family office, Bezos Expeditions. According to exclusive data from FINTRX, a private wealth intelligence platform, every investment made by Bezos Expeditions this year has been in artificial intelligence. While exact amounts were not disclosed, Bezos Expeditions has participated in funding rounds totaling more than $1 billion. In January, Bezos invested in Perplexity AI, an AI search engine company, in his $73.6 million Series B round…
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How Hydrogen-Powered Planes Could Transform Aviation

How Hydrogen-Powered Planes Could Transform Aviation

As the aviation industry ramps up efforts to reduce carbon emissions, hydrogen has emerged as a promising solution. But how exactly would hydrogen-powered planes work? According to the International Energy Agency, aviation contributed 2% of global energy-related CO2 emissions in 2022. In response to the urgent need for greener alternatives, the International Air Transport Association (IATA) has committed to achieving net zero emissions by 2050. This ambitious goal involves the collaboration of IATA’s 330 member airlines, which will use sustainable aviation fuel, carbon offsets and capture, and innovative technologies. Hydrogen and electric technologies are expected to play a crucial role,…
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Can a new sports streaming service justify its price tag?

Can a new sports streaming service justify its price tag?

Washington DC — Sports streaming service Venu, priced at $42.99 a month, faces a major marketing challenge: finding its audience. Venu, jointly owned by Disney, Fox and Warner Bros. Discovery, announced Thursday that it will launch this fall. While it’s more expensive than services like NetflixMax and Peacock, it costs less than YouTube TV at $73 a month or a standard cable package, but those include a wider variety of entertainment, not just sports. Venu will provide access to a selection of networks: ESPN, ESPN2, ESPNU, SECN, ACCN, ESPNEWS, ABC, Fox, FS1, FS2, BTN, TNT, TBS, and truTV. Subscribers will…
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Singapore’s central bank forms task force to revive stock market

Singapore’s central bank forms task force to revive stock market

Singapore — The Monetary Authority of Singapore (MAS) has launched a new review committee aimed at rejuvenating the city-state’s stock market. Announced on Friday, the MAS said the panel will focus on improving market vitality by addressing current challenges, promoting listings and revitalizing market activity. The initiative also aims to improve regulations to promote market growth and boost investor confidence. One of the main objectives of the panel is to encourage greater participation by the private sector, including capital market intermediaries, investors and listed companies. “A vibrant equity market is a crucial component of the capital formation value chain,” MAS…
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