Lam Research unveils $10 billion buyback, 10-for-1 stock split
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Microsoft Invests $70 Million in South Africa for AI Advancement – News Bytes Bitcoin News
Microsoft South Africa (SA) has entered into a $70.5 million artificial intelligence (AI) investment agreement with the Southern African nation’s Department of Trade, Industry, and Competition (DTIC). The investment aims to support the development of black-owned small, micro, and medium enterprises (SMMEs) in both tech and non-tech sectors over the next 10 years. Approximately 200 […]
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Amazon to invest €15.7 billion in Spain, creating 17,500 local jobs annually
Amazon is investing €15.7 billion in Spain's Aragon region to bolster its AWS offerings. The company said the investment will contribute billions to the country's GDP and support around 17,500 jobs.
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Trump Media, valued at $7 billion, booked less than $1 million in first-quarter sales
Trump Media & Technology Group, a startup majority-owned by former President Donald Trump that is valued at nearly $7 billion after going public in March, said it booked $770,500 in revenue during the first quarter, down from $1.1 million during the year-ago period. The company, whose main asset is the social media network Truth Social, also reported losing $327.6 million during the first three months of 2024 due largely to a charge for a financial transaction, according to a Monday regulatory...