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Friday, Oct 17

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$500 purple cables put this little-known company in the middle of the AI boom

www.cnbc.com

Credo's stock has more than doubled this year after soaring 245% in 2024 as the AI boom makes its way downstream.

NCDC MD Visits Manufacturing Company In Jos, Pledges Collaborations

newtelegraphng.com

The Managing Director of the North Central Development Commission (NCDC), Dr Cyril Yiltsen Tsenyil, has assured that the Commission will foster a close partnership with the private sector in boosting the economy of the region through…

VILE: NBC Showcases 'Health' Company that Offers Eugenics Screenings

www.newsbusters.org

During Wednesday’s NBC Today airing, correspondent Morgan Radford shared the heart-warming story of a company that offers a service anyone would want: choosing which babies get to live. The “future of fertility,” eerily reminiscent of…

Sora A.I. Video Exposes Netflix Star's Chest, Company Says They're Working on It

www.tmz.com

The Sora A.I.-generated video tool may be the hot new toy from OpenAI ... but it’s already creating an explosion of drama -- with one influencer speaking out about how someone used it to fake a clip that made it look like she was flashing…

23

Flagstar's shareholders approve plan to dissolve holding company

www.americanbanker.com

Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's…

Greater Manchester Companies named and shamed for underpaying their staff

aboutmanchester.co.uk

A number of businesses in the region have been named as part of a Government crackdown on enterprises that fail to pay the National Minimum wage Among those named were Red Contract Solutions (Back Office Support) Ltd, Salford who failed to…

Natasha Lyonne’s AI Company Asteria Produces New Animated Short ‘All Heart’ (Exclusive)

Oscar-winning directors Michael Govier and Will McCormack are behind the project, with the team planning an awards campaign.

Public companies hold $110B BTC, but which are profiting from the Bitcoin standard?

cointelegraph.com

Public companies now hold over 1 million Bitcoin worth $110 billion on their balance sheets, but only early adopters with disciplined strategies have seen major gains.

Swiss sneaker company sued over squeaky shoes

www.nbcnews.com

Swiss sneaker company sued over squeaky shoes

22

Honeywell prepares for the first part of its split into 3 companies. Here's what you get

www.cnbc.com

Later this month, Honeywell will separate its Solstice Advanced Materials unit.

Instead of Cuts, This $28 Billion Dollar Design Company's Response to AI Is To Hire More People

www.entrepreneur.com

Figma CEO Dylan Field says AI is ultimately more about growth rather than cutting costs.

Minnesota brewery and hot sauce company unveil unexpected collaboration

bringmethenews.com

Two Minnesota companies have fused in an unexpected collaboration.

21

Wolverhampton roadside assistance company drives business forward with five-figure funding boost

www.expressandstar.com

A rapidly growing roadside assistance and vehicle recovery company has secured £50,000in funding from ART Business Loans to expand its operations and strengthen its position in the market.

Ex-lidar CEO makes a bid to reclaim his company

www.theverge.com

Earlier this year, Luminar founder and CEO Austin Russell abruptly resigned from his position after it was revealed he was the target of an ethics inquiry. Now, the 30-year-old billionaire is trying to wrest back control of his old company…

20

Doctors sound the alarm about insurance company ‘downcoding’

theweek.com

With the red tape of health insurance already causing frustration for millions of Americans, doctors are helping to shed light on a common industry practice: downcoding. Insurance companies change claims to save money, and according to…

Sources: Revolut is nearing the completion of a $3B fundraising round that values the company at $75B, up from $45B in a 2024 secondary share sale (Bloomberg)

www.techmeme.com

Sources: Revolut is nearing the completion of a $3B fundraising round that values the company at $75B, up from $45B in a 2024 secondary share sale — Revolut Ltd. and its backers are nearing the end of a $3 billion fundraising spree that…