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Nov 05 2024BUSINESS

OpenAI's Shift: From Non-Profit Pioneer to For-Profit Powerhouse

Imagine a tech giant considering a major move – that's what's happening with OpenAI. The AI innovator, led by Sam Altman, is in early discussions with California's attorney general to switch from a non-profit to a for-profit company. This isn't just a small change; it's a significant shift for a com

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Nov 05 2024BUSINESS

Inquis Medical Secures $40 Million to Boost Thrombectomy System

Inquis Medical, a company focused on improving medical devices, just got a big boost. They've raised $40 million in a Series B funding round. The lead investor is Marshall Wace, a globally recognized firm. Existing investors like ShangBay Capital and EnPointe Ventures also chipped in. This money wil

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Nov 05 2024BUSINESS

Top Events for Black Professionals in November: Boost Your Career!

As November nears, it's a prime time for Black professionals to make big career moves. With companies preparing for 2025, these seven top-notch conferences offer chances to learn, connect, and shine. Let's start with Houston's AfroTech Conference (Nov 13-16). This is the largest Black tech gatherin

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Nov 05 2024BUSINESS

Why China's Electric Vehicle Market is Hot Right Now

Have you heard about the boom in China's electric vehicle (EV) market? Analysts are buzzing about its growth and potential. Vincent Sun, an expert from Morningstar, said that China is leading the world in EV sales, with a huge jump to 8 million units sold by the end of September. That's almost half

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Nov 05 2024BUSINESS

Prepare for Price Hikes: Tech Gadgets May Get More Expensive After Election

Are you a fan of the latest gadgets? Get ready to dig deeper into your pockets after the upcoming election. Tech companies are gearing up for potential price increases on popular devices like laptops, smartphones, and game consoles. Why? Blame it on tariffs—a fancy word for taxes on imports. These t

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Nov 05 2024BUSINESS

Get Ready for Black Friday: Best Early Deals to Check Out

Black Friday is just around the corner, and some amazing deals are already available. Walmart Plus members can get first access to Walmart’s deals, including a year of Walmart Plus for just $49. REI is offering huge discounts on outdoor gear from top brands like Adidas and Columbia. For those lookin

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Nov 05 2024BUSINESS

Save Big on Microsoft Office 2024: A One-Time Investment

Tired of paying yearly expenses for Microsoft Office 365? Then check out this amazing offer: Microsoft Office Home & Business 2024 for just $160 (normally $250) from Stack Social. That's a hefty 36% discount! With this suite, you get lifetime access to essential apps like Word, Excel, PowerPoint, Ou

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Nov 05 2024BUSINESS

Microsoft Struggles to Keep Up with AI Data Center Demand

Microsoft's recent quarterly report showed impressive growth, but investors were underwhelmed. Despite a 16% increase in revenue and strong performance in cloud services, Microsoft is having trouble building data centers fast enough to meet the demand for artificial intelligence (AI). The tech gian

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Nov 05 2024BUSINESS

Microsoft's Big Surge: Gaming Leads the Way as Cloud and AI Shine

Microsoft just reported a whopping 16% increase in revenue for the first quarter of the fiscal year 2025, reaching a massive $65. 6 billion. This figure not only surpassed what analysts expected but also showed where Microsoft is placing its bets for the future. Instead of relying heavily on traditi

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Nov 05 2024BUSINESS

Dollar Tree’s CEO Steps Down: What Happened?

Dollar Tree recently announced that its CEO and chairman, Rick Dreiling, has decided to step down. This news comes just a few months after Dreiling joined the company as executive chairman in March 2022. He cited personal health reasons for his departure, expressing the need to focus on his well-bei

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