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The Morning Hustle

5:00 am 9:00 am

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The Morning Hustle

5:00 am 9:00 am


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After much speculations and rumors, Microsoft has officially declared war against what’s is being touted as ‘Future of Facebook (Meta)’. On Tuesday, Microsoft agreed to acquire Activision Blizzard, the video game company behind popular games like “Candy Crush” and “Call of Duty” for a whopping $68.7 billion in cash. This is the biggest acquisition by Microsoft in […]

The case relates to Facebook’s data collection practices between 2015 and 2019 (PA Archive) Meta, the parent company of Facebook, faces a surprise class action lawsuit in the UK seeking at least £2.3 billion in damages. Lawyers have written to Meta informing it of a class action claim in the UK based on the company’s […]

Rating Action: Moody’s assigns Baa1 rating to Genuine Parts proposed $1.0 billion notes offeringGlobal Credit Research – 06 Jan 2022New York, January 06, 2022 — Moody’s Investors Service (“Moody’s”) today assigned a Baa1 rating to Genuine Parts Company’s (Genuine Parts) proposed $1.0 billion senior unsecured notes rating. All other ratings remain unchanged including the company’s […]

NEW YORK CITY (WABC) — John F. Kennedy International Airport is about to get some much-needed renovations thanks to a privately funded investment. Governor Kathy Hochul announced Monday that private partners will be investing $9.5 billion to overhaul Terminal 1, Terminal 2 and the old Terminal 3 at the airport. Hochul said the Port Authority […]

President Joe Biden (Photo by Drew Angerer/Getty Images) Getty Images The ‘alarming’ restart of student loan payments may cost you $85 billion. Here’s what you need to know. Student Loans Student loan payments for federal student loans are scheduled to restart beginning February 1, 2022. (Prepare for the end of student loan relief). If these […]

A Filipino monetary know-how startup, First Circle, has raised P1.four billion ($26 million) to enhance its monetary choices to small and medium enterprises (SMEs) within the nation. The corporate plans to increase to extra areas within the Philippines and to extend its capital base to greater than P5 billion ($100 million). The Sequence A spherical […]

That test from Fb for violating Illinois’ Biometric Info Privateness Act by cataloging faces with out permission isn’t within the mail but. It may nonetheless be some time. Regardless of that, the case seems to be having different impacts. Fb customers positioned in Illinois after June of 2011 had been eligible to file a declare […]

Fintech firm Upgrade has raised a Collection F spherical simply 4 months after elevating its earlier spherical. At the moment, the corporate is announcing $280 million in new funding at a $6 billion pre-money valuation. In August, the corporate introduced its Series E round — $105 million at a $3.325 billion valuation. In different phrases, […]

The cash-and-stock deal will see the American platform purchase Weta Digital’s “instruments, pipeline, expertise, and engineering expertise,” the businesses mentioned in a statement on Tuesday. “This acquisition is designed to place Weta’s extremely unique and complex visible results instruments into the fingers of hundreds of thousands of creators and artists all over the world,” the […]

Lawrence Agcaoili – The Philippine Star November 7, 2021 | 12:00am MANILA, Philippines — Loans prolonged by banks to micro, small, and medium enterprises (MSMEs) used as compliance with the central financial institution’s reserve requirement ratio (RRR) practically hit P200 billion as of Sept. 23, in accordance with the Bangko Sentral ng Pilipinas. BSP Governor […]