Airbnb is giving away $10 million to build the craziest places on the planet.

Airbnb Inc. has launched a $10 million fund to inspire the creation of the wackiest and most unique property destinations on the planet.The vacation-rental site will offer 100 people $100,000 to create unforgettable stays, like a “livable donut in the desert,” according to the application form....

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Amazon opens its largest delivery station in Abu Dhabi, creates hundreds of jobs.

Amazon on Thursday announced the opening of its largest delivery station in Abu Dhabi in time for the upcoming Prime Day event this July.The 4,700 sqm state-of-the-art delivery station is the second largest in the country and provides same-day and one-day deliveries to customers across the city, including...

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Warren Buffett gives over $ 4 billion to charity as part of his annual pledge.

Warren Buffett gave Berkshire Hathaway Inc. shares valued at about $4 billion to charities including the Bill & Melinda Gates Foundation, part of the annual plan he started more than a decade ago.The more than 14 million Berkshire Class B shares were donated to a total of five philanthropies, including...

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SpaceX raises $1.68 billion, under its targeted financing goal.

Elon Musk’s SpaceX raised $1.68 billion in fresh financing, less than what it had offered investors for a stake in the closely held rocket launch and satellite company. Hawthorne, California-based Space Exploration Technologies Corp., as it’s formally known, sold the equity to a group of 74 investors...

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Google loses defamation case against Australian politician, to pay $500,000 in damages.

Australia's federal court ordered Google on Monday to pay more than $500,000 in damages to a politician after finding he had been defamed by a comedian's videos hosted on YouTube. John Barilaro was deputy premier of the state of New South Wales in 2020, when an Australian comedian known as friendlyjordies...

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Apple App Store blocks $1.5 billion worth of fraudulent transactions.

There are some big numbers to process as part of Apple’s annual fraud prevention analysis report for 2021. The tech giant recently informed that last year, the various mechanisms in the App Store stopped nearly $1.5 billion worth of fraudulent transactions, and more than 1.6 million risky and vulnerable...

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Global learning platform Homi Lab raises ₹5 cr in round of funding.

Global co-curricular learning platform Homi Lab has raised ₹5 crore in a round of funding by startup investing platform Inflection Point Ventures. The funds raised are to be used for development of cutting-edge technology to democratise knowledge for young learners and exclusive content creation,...

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Twitter to pay $150 million penalty over privacy of users’ data.

Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy of users’ data over a six-year span.The Justice Department and the Federal Trade Commission announced the settlement with Twitter on Wednesday....

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General Atlantic plans $2 billion investment in India, Southeast Asia over the next 2 years.

Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two years after falling valuations made the region's startups more attractive, a senior executive told Reuters.General Atlantic is in early-stage investment talks with about 15 companies...

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Infosys reappoints Salil Parekh as CEO and MD for next 5 years.

Infosys Limited, India's second-largest IT services company, on Sunday said it has reappointed Salil Parekh as its chief executive officer (CEO) and managing director (MD) for a five-year term ending March 2027.The decision was taken in the meeting of the company's Board of Directors held on May 21, 2022....

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