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03Dec

Lumexa Imaging targets up to $1.89 billion valuation in US IPO

Lumexa Imaging is aiming for a valuation of more than $1.89 billion in its U.S. initial public offering, the Welsh, Carson, Anderson & Stowe-backed company said on Tuesday. Private equity…
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03Dec

RTX secures $1.6 billion sustainment contract for F135 engines

RTX said on Tuesday it has secured a $1.6 billion sustainment contract related to its F135 engines, which power variants of Lockheed Martin's F-35 fighter jets. The contract includes depot-level…
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03Dec

Dell family to donate $6 billion to ‘Trump accounts’ of 25 million US children

Entrepreneur Michael Dell and his wife, Susan, will deposit $250 in the individual investment accounts of 25 million American children in a $6.25 billion philanthropic pledge as part of the…
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03Dec

YouTube to comply with Australia Teen Social Media Ban, lock out users under 16

Google's YouTube shared a "disappointing update" to millions of Australian users and content creators on Wednesday, saying it will comply with a world-first teen social media ban by locking out…
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03Dec

Ireland’s media regulator began investigations into TikTok and LinkedIn

Ireland's media regulator began investigations into TikTok and LinkedIn on Tuesday over concerns that their illegal content reporting mechanisms are not easy to access or do not allow people to…
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03Dec

CVS Health to pay $37.76 million to settle allegations over insulin pens

CVS Health will pay $37.76 million to settle allegations it dispensed too many insulin pens to patients, and then obtained improper reimbursements from Medicare, Medicaid and other government healthcare programs,…
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03Dec

San Francisco sued Kraft, Mondelez, Coca-Cola over ultra-processed foods 

The city of San Francisco sued Kraft, Mondelez, Coca-Cola and other makers of ultra-processed foods on Tuesday, accusing them of knowingly sickening California residents with addictive and harmful products. City…
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03Dec

Vultr to invest $1 billion in Ohio AI cluster using AMD chips

Cloud infrastructure company Vultr said on Tuesday it would invest more than $1 billion to launch a new artificial intelligence cluster powered by Advanced Micro Devices' processors at a new…
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03Dec

CrowdStrike tops revenue Q4 on AI product adoption. shares +1%

CrowdStrike forecast fourth-quarter revenue above analysts' estimates on Tuesday, as the cybersecurity firm benefits from growing adoption of AI across its product suite. Shares of the company rose about 1%…
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03Dec

Fintech firm Wealthfront seeks up to $2.05 billion valuation in US IPO

Automated digital wealth management firm Wealthfront is targeting a valuation of up to $2.05 billion in its U.S. initial public offering, it said on Tuesday, becoming the latest to test…
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