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Business News

Location American Business News for 22 January 2025
Competition watchdog role for ex-boss of Amazon UK 'a slap in face', say unions Business minister denies government 'in pocket of big tech' after hiring Doug Gurr to chair CMA The appointment of a former Amazon boss to lead the UK's competition watchdog as it launches a wave of investigations into t...
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Trump Appoints Crypto-Friendly Acting SEC Chair, Signaling Regulatory Shift President Trump's appointment of Acting SEC Chair signals a pro-crypto shift, with promises of clearer regulations to foster innovation and economic growth. Acting SEC Chair Pushes for Clearer Crypto Regulation, Replacin...
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Trump considers 10% tariff on China from February The new president accused China of sending fentanyl to Mexico and Canada which ends up in the US.
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Trump welcomes idea of Elon Musk buying TikTok -- if billionaire wants it "I met with the owners of Tiktok, the big owners, it's worthless if it doesn't get a permit," Trump said. "It's worth like a trillion dollars."
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TikTok is still running. Companies helping it could face $850 billion hit. While TikTok is operating for existing U.S. users thanks to an executive order signed Monday night by President Donald Trump, analysts are warning that his order doesn't look all that solid.
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DOGE has officially arrived, but it looks pretty different from what was promised President Trump signed DOGE into life through an executive order, and it's now in the White House.
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Bitcoin ETFs See Four Successive Days of Inflows Worth Over $3 Billion Consecutive days of inflows into U.S. spot bitcoin ETFs have seen the total net asset value of bitcoin ETFs rise to $123.59 billion. Bitcoin ETFs Continue Strong Inflow Performance Over the past four days, bitcoin spot e...
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Nikkei May Rise as Concerns About Borrowing Costs Ease

Wall Street Journal - 22 Jan 2025 01:47
Japanese stocks may rise as concerns about borrowing costs ease.
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Trump announces an up to $500 billion AI infrastructure investment involving OpenAI, Oracle, and SoftBank OpenAI, Oracle, and SoftBank will create a venture named Stargate, with President Trump calling it "the largest AI infrastructure project in history."
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Netflix is raising prices again. These charts show why.

Business Insider - 22 Jan 2025 00:42
Netflix is raising prices again. These charts show why. Netflix is raising prices in the US to $17.99 for its standard plan. The hike comes as the streamer crushed expectations for subscriber growth.
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Automakers Brace for Impact of Trump Tariff Plan for Canada and Mexico North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.
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Samsung just debuted its highly-anticipated new mobile phone line, the Galaxy S25. The company says it's ideal for creators and built for AI.
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The best Netflix alternatives: Top streaming services to beat the price hike Netflix just announced a price hike. Here are the best streaming service alternatives.
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The LA fires burned down my daughter's private school — and hurt business at my café. Now, I can't afford her tuition. Amara Barroeta has been trying to recover since the Los Angeles fires burned down her daughter's private school and hurt her business.
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Anthropologie's Secret to Retail Success With CMO Elizabeth Preis Retail is no longer just about selling products--it's about creating experiences that are relevant and resonate emotionally. In this episode of The Speed of Culture podcast, Matt Britton sits down with Elizabeth Preis, g...
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Unreal Engine superpowers a CG TV show

Venture Beat - 22 Jan 2025 23:38
Unreal Engine, which has been known in its various incarnations as the premiere -- perhaps even de facto -- game engine for over a decade, is already quite familiar to major game developers, especially those with AAA exp...
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Solana price rallies to $272, but what will it take for SOL to hit new highs? Solana rallied by 7% on Jan. 22, but a few data points suggest a move to SOL's all-time high could take longer than expected.
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How Davos leaders are responding to Trump's DEI crackdown Investment in diversity is unlikely to dry up because of Trump's moves, said bankers at World Economic Forum's annual meeting. President Donald Trump's escalating pressure on the private sector to ditch diversity program...
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These federal jobs are most at risk of being cut by Trump's executive orders Workers in DEI roles, new hires, and IRS employees are at risk as Trump culls the federal workforce.
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CME website hints at XRP, SOL futures debut in February

Coin Telegraph - 22 Jan 2025 23:21
CME website hints at XRP, SOL futures debut in February According to the CME, 29.4 million crypto futures contracts were traded in 2024, valued at over $1.7 trillion in notional figures.
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Government contractors told BI they feel secure in their jobs amid uncertainties related to federal funding and the DOGE commission.
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The S&P 500 climbed to 6,100 for the first time during Wednesday's session. Traders cheered strong earnings and an AI initiative Trump announced on Tuesday.
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