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Massivelyop

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Star Citizen highlights the new Meteor combat ship arriving in alpha 4.2.1

  • Star Citizen introduces the Meteor combat ship in alpha 4.2.1, resembling RSI Mantis with increased firepower and focus on combat capabilities.
  • The Meteor is a medium-sized fighter designed for daily space travel and missions, featuring two size 5 ballistic cannons, repeaters, gatling guns, missile racks, and hidden compartment for FPS weapons.
  • The release date for alpha 4.2.1 and the Meteor ship is yet to be announced, but backers can currently test the new build in the PTU, offering a glimpse at new features like the Volt pistol and ship escort missions.
  • Star Citizen remains in alpha development since its Kickstarter in 2012, now crowdfunded with over $800M, facing delays in its completion and criticism, while also being the highest-crowdfunded video game of all time.

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Siliconangle

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LGND raises $9M to help AI models analyze geospatial data

  • LGND AI Inc. secures $9 million in funding to upgrade its cloud platform for processing satellite images using AI models.
  • The seed round was led by Javelin Venture Partners with participation from various investors and angel investors.
  • LGND's platform converts satellite images into embeddings for AI analysis without requiring code, allowing customization and data enrichment.
  • The company plans to enhance features for processing geospatial data, including support for Anthropic PBC’s MCP protocol.

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Bloomberg Quint

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Italy Qualifies For 2026 T20 World Cup For First Time

  • Italy's men's cricket team, led by former Australian opener Joe Burns, qualifies for the 2026 T20 World Cup for the first time.
  • They secured the qualification in the ICC T20 Men's Europe Region final, despite losing to the Netherlands, based on a superior net run rate over Jersey.
  • Key players like Burns, Grant Stewart, Emilio Gay, and Jaspreet Singh contributed to Italy's success, with dynamic performances in crucial matches.
  • While Italy celebrates their cricketing milestone, their national football team's qualification for the 2026 FIFA World Cup in the Americas remains uncertain.

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Bloomberg Quint

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Ruoming Pang: The Data Engineer Who Meta Paid Over $200 Million To Poach From Apple

  • Former Apple's 'Distinguished Software Engineer', Ruoming Pang, was hired by Meta Platforms Inc. for over $200 million to join its superintelligence team.
  • Meta's offer surpassed Apple's compensation norms, as Apple reportedly does not pay its department heads similar packages.
  • Pang spent four years at Apple working on foundation models and had a notable career at Google before.
  • His contributions include co-founding Zanzibar, leading Google Brain's speech recognition research, and working on key projects like the Babelfish/Lingvo framework and Tacotron 2.

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Bloomberg Quint

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Buy, Sell Or Hold: Trent, Vedanta, Ashok Leyland, SpiceJet, Ireda — Ask Profit

  • Market analysts provided insights on the stocks Trent, Vedanta, Ashok Leyland, SpiceJet, Ireda, and Bajaj Housing Finance on NDTV Profit's Ask Profit show.
  • Trent: Analyst suggests wait and watch due to recent price crash and expensive valuations.
  • Vedanta: Analyst recommends holding the stock for its diversification and demerger opportunity.
  • SpiceJet: Analyst advises against buying given high volatility and selling pressure.
  • Ireda: Analyst advises holding the stock for a potential bounce back.

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Bloomberg Quint

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Jane Street: Questions Linger

  • SEBI's action against Jane Street raises concerns about India's financial market integrity.
  • Accusations of market manipulation and regulatory failures cast doubts on market oversight.
  • Allegations of biased treatment and questionable policies urge for a thorough institutional cleanup.
  • Structural flaws in market design demand multi-pronged reforms for restoring faith in markets.
  • Bold actions are necessary for maintaining a fair, transparent, and rigorously policed market.

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TechBullion

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FundingPips: Revolutionizing the Prop Firm Landscape with Innovation and Trader-First Approach

  • FundingPips is transforming prop firm landscape by prioritizing traders' success and innovation.
  • The firm ensures no payout denials, different professional platforms, and instant withdrawal processes.
  • With a community-driven approach and transparency, FundingPips takes prop trading to new heights.
  • Emphasizing continuous innovation, the firm remains a strong partner for trader success and growth.
  • FundingPips leads with $125 million paybacks, diverse user base, and trader-first services.

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Bloomberg Quint

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GIFT City Unlocks $5-Billion Opportunity Annually For Domestic Aviation Industry: Naidu

  • GIFT City in Gandhinagar has unlocked a $5-billion opportunity annually for the domestic aviation industry by providing ease of aircraft leasing.
  • Aircraft leasing in GIFT City offers tax benefits and a relaxed, cost-effective leasing process, leading to a reduction in leasing costs by 10 to 15%.
  • Civil Aviation Minister K Ramamohan Naidu highlighted that with 80% of the commercial fleet in India currently on lease, GIFT City presents a significant opportunity for the Indian aviation industry.
  • Naidu emphasized that aviation plays a crucial role in economic transformation, with airports serving as hubs of economic activity and growth drivers.

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Bloomberg Quint

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Japan's Ambassador, Minister Of Economic Development Meet Gujarat CM To Discuss Economic Ties

  • Japan's Ambassador to India and Minister of Economic and Development Affairs met Gujarat Chief Minister to discuss economic ties.
  • The Ambassador highlighted Japan's intent to deepen ties with Gujarat and appreciated the state government's support to Japanese companies.
  • The Chief Minister emphasized the supportive environment in Gujarat for Japanese businesses and the successful implementation of past agreements between India and Japan.
  • Focus was on the growth of semiconductor industries, with Japan expressing interest in investing in Dholera Special Investment Region and exploring opportunities in electric vehicle manufacturing in Gujarat.

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Bloomberg Quint

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TCS Q1 Highlights: Revenue Declines, Profit Beats; AI Momentum Builds, Outlook Cautiously Optimistic

  • TCS reported mixed results in Q1 FY26 with revenue decline but profits above expectations.
  • The company remains optimistic about a stronger fiscal year 2026, especially in international markets.
  • AI-led services are gaining traction, and TCS continues to invest in capacity and long-term growth.
  • While facing challenges like deal delays and cautious client spending, TCS sees early AI traction and profitability as positive indicators.

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Bloomberg Quint

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Devendra Fadnavis Says Work On Offshore Vadhvan Airport Likely To Commence Next Year

  • Maharashtra Chief Minister Devendra Fadnavis announced that work on the offshore Vadhvan Airport, the country's first, is expected to begin next year.
  • The government has already appointed an agency to prepare a detailed project report (DPR) for the airport.
  • Fadnavis mentioned that the Vadhvan Airport will be the third airport in the Mumbai Metropolitan Region.
  • The chief minister highlighted the importance of airport development in attracting investment and promoting economic growth in the region.

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Bloomberg Quint

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DDA Approves Reforms To Revive Delhi's Commercial Real Estate Sector

  • The Delhi Development Authority has approved reforms to revitalize Delhi's commercial real estate sector, including reducing amalgamation charges for commercial properties and lowering multiplication factors for property auctions.
  • The reforms aim to make Delhi more attractive for investment, exploit underutilized commercial plots, and align property valuations with market realities to enhance competitiveness within the National Capital Region.
  • In addition to commercial policy changes, DDA approved a shift in land use in Narela to create an educational hub and sports complex. They also announced a premium housing scheme offering residential flats in prime locations.
  • The DDA's decisions are expected to trigger a new wave of commercial development in Delhi, attract more investment, and accelerate planned growth in Narela sub-city.

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Bloomberg Quint

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Prada Keen To Launch Limited-Edition 'Kolhapuri-Inspired' Collection: MACCIA

  • Prada plans to launch a limited-edition Kolhapuri-inspired collection in collaboration with local artisans.
  • The collection will be made in India and a technical team from Prada will visit India to identify local supply chain partners.
  • Prada has committed to including 'Kolhapuri' in all publications and meeting geographical indication requirements before commercializing the collection.
  • MACCIA has requested Prada to expand the collaboration to include other heritage crafts beyond Kolhapuri chappal.

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Eu-Startups

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Founders first: Venture.Community’s new co-fund reshapes early-stage investment access

  • Venture.Community, a co-operative of entrepreneurs and Founders, has launched its first co-fund aimed at Pre-Seed and Seed-stage startups, part of a €115 million investment mission.
  • The co-fund offers more than just capital, providing guidance, mentorship, and connections to commercial networks, aiming to reshape early-stage investment access.
  • Venture.Community's accelerator program has seen success with six startups participating, spanning industries like manufacturing, HealthTech, and social impact.
  • The Investor Hub at the Advanced Manufacturing Park in South Yorkshire aims to connect Founders with mentors and provide direct access to funding, addressing the region's need for early-stage capital and startup education.

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TechBullion

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How Market Momentum and Burn Sync Made $FUN Soar, Proving Once Again Timing Is Everything

  • FUNToken's recent surge in price showcases the power of strategic timing in crypto.
  • Strategically timed deflation and ecosystem activation led to a rally validating the project's roadmap.
  • A strategic burn event and market momentum boosted FUNToken's value, demonstrating sustainable growth.
  • The project's roadmap, user engagement, and deflation model contributed to market success.

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