Thai billionaire entrepreneur Sarath Ratanavadi plans to merge his energy and telecoms companies in a new firm, which will be worth around $20.5 billion. Ratanavadi, with a net worth of $10.8 billion as of July 17, owns Gulf Energy Development, one of Thailand’s largest power producers by installed capacity. The businessman, number 5 on Forbes’ list of Thailand’s richest persons and number 200 on the Forbes Billionaires list, also owns Intouch Holdings, the conglomerate that owns Thailand’s most valuable mobile phone operator.

Thai Tycoon to create $20 billion firm with energy and telecoms merger

PYMNTS

Klarna is reportedly weighing financial advisors for its U.S. initial public offering (IPO). Goldman Sachs, J.P. Morgan Chase and Morgan Stanley were the top contenders to advise the Swedish payments FinTech, the Financial Times (FT) reported Tuesday (July 16), citing sources familiar with the matter. The company, a pioneer in...

Klarna Reportedly Prepping for Possible 2025 US IPO

HIT Consultant 

– Huma Therapeutics Limited, a leading global healthcare AI company, today announced the closing of its Series D funding round, securing over $80M to fuel the launch of its revolutionary Huma Cloud Platform. – The Huma Cloud Platform is a first-of-its-kind GenAI-powered ‘Shopify-like’ experience for the digital health ecosystem to...

Huma Secures $80M, Launches ‘Shopify Style’ GenAI Platform

Anthropic and Menlo Ventures are teaming up to back early-stage startups, and get them using the artificial intelligence company's technology. The $100 million Anthology Fund is modeled after the iFund, a 2008 partnership between Apple and Kleiner Perkins. "That was wildly successful — it really gave Apple a lens into...

Anthropic launches $100 million AI fund with Menlo Ventures, ramping up competition with OpenAI

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

One of the most dominant tech companies in the world, Google is continuing to make moves in order to continue its influence as well as its nearly unbeatable value. At the rate it’s going, it seems that their perceived strategy is not that far off. Currently, Google is reportedly in advanced talks to acquire a cybersecurity startup firm named Wiz for approximately $23 billion. If this deal does indeed come to fruition, this would be Google’s largest-ever acquisition so far.

Google Is Rumored To Be in Talks To Acquire Wiz

Alameda, CA

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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Alameda Post

New this morning in Episode 108 , topics include: City Council moves ahead with a new library branch, and repeals a ban on natural gas in new construction; a Father’s Day fire burns a 130-year old home; Alameda Police turn a parking violation into a major drug bust; the USS Hornet expands their operating hours; Get to know a local voice artist; the PostCast crosses another milestone; plus weekend events. https://www.buzzsprout.com/1978056/15286963-june-21-2024-episode-108.mp3.

Alameda PostCast for June 21, 2024

Indiana State

Franklin, IN

A wave of closures is hitting Pizza Hut, a pizza chain known for its iconic slanted-roof buildings, with 6,775 locations feeling the pinch in the tough restaurant industry landscape.

A well-known pizza chain with over 6K locations has begun closing some of its stores

Google is considering spending $23 billion to buy Wiz, a cloud cybersecurity startup with partners that include Amazon and Oracle, reports The Wall Street Journal. At close to twice what it spent for Motorola Mobility in 2012, it would be the most Google has ever paid for another company. The...

Google is reportedly planning its biggest startup acquisition ever

In the race to infuse artificial intelligence (AI) into every corner of the digital world, Microsoft has set its sights on conquering the final frontier of office productivity: the humble spreadsheet. The tech giant’s latest creation, SpreadsheetLLM, aims to change how businesses crunch numbers and make decisions. By harnessing the...

Excel’s AI Makeover: Microsoft’s Billion-Dollar Bet on Smarter Spreadsheets

Redbox, the iconic movie rental company with over 34,000 locations nationwide, has announced the closure of its operations following its parent company's filing for Chapter 11 bankruptcy. This decision has left many of its loyal users saddened, marking the end of an era for physical media enthusiasts.

A rental company with 34,000 locations has closed its doors

Entrepreneur

AMD's deal is set to close later this year.

Nvidia's Biggest Rival Agrees to Buy an AI Startup for Over Half a Billion Dollars in Cash

Business Insider

Supreet Kaur said that companies' expectations around the experience needed to land an AI job changed in the last two years.

She interviewed for 15 AI roles before landing a Microsoft offer. It made her realize how the job market has changed.

Broward County, FL

Margate, FL

Edmond Thorne

MARGATE, FL. - A sophisticated lottery scam targeting vulnerable seniors across the United States has been uncovered, with a Margate man at its center. The elaborate scheme defrauded victims of approximately $9.5 million, leaving a trail of financial and emotional devastation in its wake.

Broward Man Arrested by Feds in $9.5 Million Lottery Scam: Targets Seniors Nationwide.

Anika Jindal

The workforce is transforming due to automation, artificial intelligence, and shifts in market demands, resulting in the obsolescence of certain professions. Millions of people are left wondering whether Artificial Intelligence (AI) will replace the careers they are pursuing or not. We’ll explore jobs at risk of extinction due to automation and evolving industry demands, possibly disappearing shortly.

17 Jobs That Are Slowly Disappearing from the Workforce

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

U.K. regulators have initiated a formal investigation into Microsoft’s recent hiring spree from Inflection AI, a move that saw the majority of Inflection’s staff join Microsoft’s new AI division. The Competition and Markets Authority (CMA) announced the phase one merger investigation, with a deadline of September 11th to decide if the probe will advance to a more in-depth phase two.

UK Regulators Probe Microsoft’s Hiring of Inflection AI Staff

FIS has launched a new automated matching and execution platform for securities finance trades in the UK. The Securities Finance Matching Platform uses automated matching technology to facilitate secure, scalable, and cost-effective straight-through processing of securities finance trades. The cloud-native solution aims to increase resilience and identify the best-match scenario...

FIS launches new trade matching platform

North Carolina State

Charlotte, NC

Town Talks

Harper’s Restaurant, a beloved fixture in SouthPark since 1992, will close its doors for the last time on July 20. This closure marks the end of an era for the popular dining spot, which has served the Charlotte community for more than three decades.

One of North Carolina’s Classic Eats restaurants is unexpectedly closing — to make way for a bank

NewsBreak

Predictive AI Company SymphonyAI Aims for 2025 IPO

Artificial intelligence firm SymphonyAI is reportedly planning to go public next year. The company, whose predictive and generative AI tools can help financial services firms spot...

Predictive AI Company SymphonyAI Aims for 2025 IPO

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