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Strategy News
HRKatha
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Ramana Kumar is Paytm’s new CEO, Middle East
- Ramana Kumar has been appointed as the new CEO for the Middle East at Paytm.
- Kumar previously worked at Magnati, a payments subsidiary of First Abu Dhabi Bank, where he served as the founding CEO.
- With a background in consulting and management roles, Kumar holds an MBA from the Indian Institute of Technology, Kanpur.
- At Paytm, Kumar will lead the company's expansion in the UAE and the broader Middle East by developing digital payment solutions tailored to local needs.
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Pcgamer
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Warhammer 40,000's space dwarfs will make their videogame debut in turn-based tactics sequel Mechanicus 2 this year
- Warhammer 40,000's space dwarfs, also known as squats, will be making their first videogame appearance in Mechanicus 2, a turn-based tactics sequel set to release later this year.
- Initially introduced in the 1980s, the space dwarfs fell out of the Warhammer lore due to the tyranid invasion in the second edition, but were reintroduced as 'the kin' with a revamped look and backstory in recent years.
- Despite their previous absence in Warhammer 40,000 videogames, Mechanicus 2 will feature the space dwarfs as the non-playable mercenary faction, the Leagues of Votann, alongside playable factions like cybernetic tech-priests and robotic necrons.
- Mechanicus 2 is set to be released on Steam and Epic later this year, while the original game is currently free to play on Steam until May 26.
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Livebitcoinnews
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Strategy to Raise $2.1B to Fund Bitcoin Plans with Preferred Stock
- Strategy, formerly known as MicroStrategy, plans to raise $2.1 billion through the issuance of 10.00% Series A perpetual preferred stock called Perpetual Strife Preferred Stock (STRF) to fund its Bitcoin plans.
- The company currently holds 576,230 BTC, which is 2.9% of the total Bitcoin supply, and aims to use the funds raised for general corporate needs and to purchase more Bitcoin.
- The preferred stock offers a 10% annual yield and does not dilute the voting power of common shareholders, showcasing the company's commitment to Bitcoin despite the associated risks.
- To facilitate the sale of STRF shares, Strategy has partnered with financial firms like Barclays Capital, The Benchmark Company, and TD Securities, with the stock trading at $100.65 on the Nasdaq exchange.
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Forbes
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Best Bank Bonuses And Promotions Of 2025
- SoFi Checking and Savings Account has been ranked as the best bank bonus for 2025, offering a 4.8-star rating and a potential bonus of up to $300 by fulfilling specific requirements.
- The account requires opening a new account and receiving $5,000 or more in direct deposits within 25 days to qualify for the bonus.
- SoFi's checking and savings accounts feature low fees and competitive annual percentage yields (APYs), making them an attractive option beyond just the bonus.
- All the accounts on the list have low fees and some offer high APY, providing value for customers even after they have received the initial bonus.
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Pcgamer
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Dawn of War, the undisputed king of Warhammer 40k RTS games, is getting a remaster, but Relic isn't changing too much: 'We don't want to fix something that isn't broken'
- Warhammer 40,000: Dawn of War is hailed as a classic RTS game that revitalized the genre with its traditional base-building mechanics amidst the shift to 3D games in the early 2000s.
- Developed by Relic, known for Homeworld, Dawn of War introduced innovative elements like 3D terrain, cover mechanics, and squad-based combat, attracting fans with its Warhammer 40k setting.
- Despite spawning sequels, the original Dawn of War remains a favorite among players, prompting the decision for an HD remaster by Relic to make it accessible on modern hardware.
- The remaster aims to maintain the classic experience while updating it for widescreen monitors and modern PCs, ensuring compatibility with existing mods and preserving its legacy.
- The focus is on enhancing the game's performance and visuals without altering its core gameplay, with a commitment to keeping it familiar to long-time fans.
- The remaster will support mods from the original game, and efforts have been made to work closely with mod makers to ensure a smooth transition for players.
- Dawn of War captures Warhammer 40k at 4th Edition and stands as a snapshot of that specific time, even as the Warhammer 40k universe has evolved over the years.
- The upcoming Dawn of War: Definitive Edition promises improved graphics and performance, maintaining the essence of the beloved classic for nostalgic and new players alike.
- Expected to release this year, the remaster aims to offer an enhanced gameplay experience while preserving the iconic elements that made Dawn of War a standout title.
- The evolution of Warhammer 40k over the past two decades is notable, but the appeal of reliving the original Dawn of War experience in modern settings remains strong for fans.
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Rockpapershotgun
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Relic reveal Warhammer 40,000: Dawn Of War Definitive Edition with full DLC and mod support
- Relic Entertainment announced Warhammer 40,000: Dawn of War - Definitive Edition with full DLC and mod support.
- The upgraded version includes original DLC, is 64-bit optimized, and compatible with community mods.
- The Definitive Edition features four campaigns, upscaled textures, improved lighting, optimized HUD layout, and over 200 maps.
- The announcement comes after Relic's plans for diversified game releases and coincides with an ongoing sale on the Anniversary Edition on Steam.
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Bitcoinmagazine
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Michael Saylor’s Strategy (MSTR) Opens $2.1B ATM Program for Strife Preferred Stock
- Michael Saylor's Strategy has launched a $2.1 billion ATM program for its Strife preferred stock to build a Bitcoin-backed financial architecture.
- The firm has seen strong year-to-date results from Bitcoin-linked securities Strike and Strife, with BTC yield at 16.3% and on track toward a $15 billion target.
- Both Strike and Strife have outperformed expectations since launch, with increases in value. Strike is up 24% and Strife trades around $98.80, emphasizing liquidity profile with high trading volumes.
- Strategy now operates three ATM programs totaling $21 billion each for MSTR equity and Strike, and $2.1 billion for Strife, enabling optimization of Bitcoin acquisition and capital deployment.
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Rockpapershotgun
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The Leagues Of Votann are coming to Warhammer 40,000: Mechanicus 2
- The Leagues Of Votann's codex for Warhammer 40,000 had broken rules, prompting an apology and rules errata from the company.
- In Warhammer 40,000: Mechanicus 2, The Leagues Of Votann may appear as potential allies or foes, likely avoiding the broken rules issue seen before.
- The original Mechanicus game had issues with balance but was overall entertaining with unique features like its action economy and soundtrack.
- Warhammer 40,000: Mechanicus 2 release date is TBD on Steam, but it is expected to be out sometime this year, promising improvements from the first game.
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Forbes
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Latest HELOC & Home Equity Loan Rates: May 22, 2025
- Home equity loans and home equity lines of credit (HELOCs) let homeowners access their home's value through fixed-rate lump-sum loans or variable-rate second mortgages, respectively.
- HELOCs offer flexibility for projects with options like $100K, $250K, or $500K limits, each with different benefits based on borrowing needs and risk tolerance.
- Different term lengths such as 5, 10, 15, 20, and 30 years cater to varying financial goals, offering options for quicker payoffs, balanced payments, or long-term affordability.
- Building home equity involves property value appreciation and mortgage balance reduction, with borrowing against equity supporting major financial needs through HELOCs or lump-sum home equity loans.
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Forbes
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Mortgage Rates Today: May 22, 2025 – 30-Year Rates Steady, 15-Year Rates Up
- Today's average 30-year fixed-rate mortgage is at 6.94%, up from last week's 6.9%, with an APR of 6.97%.
- Consider a 15-year fixed mortgage with an average rate of 6.06% for lower overall interest costs, despite higher monthly payments.
- Experts do not anticipate a significant decrease in mortgage rates soon, with various economic factors affecting rate fluctuations.
- When considering mortgage options, factors affecting rates include Federal Reserve decisions, U.S. Treasury bond yields, and global events disrupting financial markets.
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Forbes
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CD Rates Today: May 22, 2025 – Earn As Much As 5.02%
- CD rates today are as high as 5.02%, significantly higher than rates from previous years.
- Certificates of Deposit (CDs) offer fixed interest rates and require a maturity period.
- The longer the CD term, the harsher the early withdrawal penalty, often costing a significant amount of interest.
- Rates for different CD terms vary, with the highest rates for three-month, six-month, and one-year CDs.
- For example, the highest rate on one-year CDs is currently at 5.02%.
- Jumbo CDs, requiring larger deposits, also offer competitive rates, with some starting at 4.94% for a 6-month term.
- Digital banks tend to offer higher CD rates due to lower costs and the need to attract customers.
- CDs provide a safe investment option with insurance coverage up to $250,000 from FDIC or NCUA.
- CDs outperform high-yield savings accounts and are considered a secure place for your money.
- It's essential to consider early withdrawal penalties before investing in a CD to avoid loss of principal.
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Forbes
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High-Yield Savings Account Rates Today: May 22, 2025 – Rates Are Steady
- Savings account rates have remained steady compared to last week, with the highest yield standing at 5.84% for standard savings accounts with a $2,500 minimum deposit.
- The average APY for traditional savings accounts is currently at 0.22%, reflecting the annual return including compound interest.
- High-yield savings accounts offer significantly more interest, with the best rate currently at 4.88% for a $10,000 minimum deposit account, and 4.40% for a $25,000 minimum deposit account.
- Interest rates on savings accounts are influenced by Federal Reserve rate changes, with rates fluctuating based on economic conditions and inflation. The Fed adjusts rates eight times a year based on the FOMC meetings.
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Forbes
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Today’s Mortgage Refinance Rates: May 22, 2025 – Rates Move Up
- Today's mortgage refinance rates saw an increase, with the 30-year fixed refinance rate rising to 7.02%.
- For a 15-year financed mortgage, rates averaged 5.98% and for a 20-year financed mortgage, it averaged 6.88%.
- The average rate for a 30-year fixed-rate mortgage refinance is now 7.02%, up from last week's 5.93%.
- The APR for a 30-year fixed-rate mortgage currently stands at 7.05%.
- The 20-year fixed mortgage refinance average rate is 6.88%, with an APR of 6.92%.
- On a 15-year fixed refinance, the interest rate is 5.98% and the APR is 6.03%.
- The average interest rate on a 30-year fixed-rate jumbo mortgage refinance is 7.59%.
- For a 15-year fixed-rate jumbo mortgage refinance, the rate is 6.4% on average.
- Refinance rates are typically slightly higher than mortgage rates, varying by program.
- Consider factors like APR, refinance type, and loan program before refinancing your mortgage.
- Expect little change in mortgage rates in the first half of 2025; potential decline in the second half.
- Improving credit score and reducing loan balance can help secure lower rates when refinancing.
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HRKatha
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Walmart to cut 1,500 corporate jobs in the US
- Walmart is set to lay off approximately 1,500 corporate employees in the US as part of cost-cutting measures.
- The job cuts will impact positions at Walmart's headquarters in Bentonville, Arkansas, and other US offices, with a focus on roles in the global technology division.
- The downsizing has sparked discussions on the H1B visa program, with concerns raised about potential links between job cuts and hiring foreign workers, particularly from India.
- The situation underscores the complex interplay between corporate restructuring, employment practices, and immigration policies within the US workforce.
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HRKatha
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Vaibhav Global increases equity capital following ESOP allotment
- Vaibhav Global issued 1,02,294 equity shares to its Employee Stock Option Welfare Trust for employee-benefit schemes.
- The allotment aims to enhance employee ownership and engagement by aligning interests with organizational goals.
- Total paid-up equity share capital of the company increased to Rs 33,27,68,722 with 16,63,84,361 equity shares.
- Employee stock option schemes are gaining popularity in Indian corporate strategy for talent retention and motivation.
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