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Dr. Fauci Warns South Africa The Covid Pressure May Pose A Menace To Antibodies • MV TELEGRAPH

Anthony Fauci, director of the National Institute for Allergies and Infectious Diseases, sits before a Senate Working and Retirement Committee hearing on

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GM Has Little Interest In Following Tesla And Investing In Bitcoin • MV TELEGRAPH

The reflection of bitcoins on a computer hard drive.

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Israel Will Give Pfizer Covid Booster Vaccinations To Aged Individuals • MV TELEGRAPH

A man receives his third dose of the COVID19 vaccine on July 14, 2021 at Sheba Medical Center in Ramat Gan, Israel.

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freerepublic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freerepublic.com Daily Mail and Mail on Sunday newspapers.

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Spirit and Frontier Are Merging Into a Massive Discount Airline. Here's What That Means for Travelers

Spirit and Frontier overlap on more than 500 routes.

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Bitcoin Evangelist Michael Saylor Says Clear Crypto Regulations Would Speed Institutional Adoption

The MicroStrategy CEO told CNBC on Wednesday he’s looking for “clear, bright line definitions” around a digital security versus a digital currency.

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Bitcoin Evangelist Michael Saylor Says Clear Crypto Regulations Would Speed Institutional Adoption

The MicroStrategy CEO told CNBC on Wednesday he’s looking for “clear, bright line definitions” around a digital security versus a digital currency.

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Dow Tumbles 680 Points in Worst Decline Since January as Hot Inflation Reading Spooks Investors

By Yun Li, CNBC •
Updated 2 hours ago
CNBC
U.S. stocks declined sharply on Wednesday as hotter-than-expected inflation data triggered massive selling, especially in technology shares.
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The Dow Jones Industrial Average fell 681.50 points, or 2%, to 33,587.66, posting its worst day since January. The blue-chip benchmark tumbled as much as 713 points at its session low. The S&P 500 lost 2.1% to 4,063.04 for its biggest drop since February, while the tech-heavy Nasdaq Composite slid 2.7% to 13,031.68, bringing its weekly decline to more than 5%.
Inflation accelerated at its fastest pace since 2008 last month with the Consumer Price Index spiking 4.2% from a year ago, compared to the Dow Jones estimate for a 3.6% increase. The monthly gain was 0.8%, versus the expected 0.2%. Excluding volatile food and energy prices, the core CPI increased 3% from the same period in 2020 and 0.9% on a monthly basis. The respective estimates were 2.3% and 0.3%.

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Today in European Tech: OneWeb secures $550 million, MessageBird extends round to $1 billion to bankroll a US acquisition, and more

Today in European Tech: OneWeb secures $550 million, MessageBird extends round to $1 billion to bankroll a US acquisition, and more
Deals
- Through an extension of a previous round,
Dutch omnichannel communications platform MessageBird has now raised a whopping $1 billion. Continuing their shopping spree, MessageBird has entered a definitive agreement to purchase Colombia, Maryland-based predictive email platform SparkPost for $600 million.
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London-based bring-the-internet-to-everyone provider OneWeb has secured $550 million in financing from Parisian Eutelset, bringing the rounds’ total funding to $1.9 billion. Eutelsat is one of the world’s leading satellite operators, and with this funding of OneWeb, the company is obtaining an approximate 24% equity stake in the latter.

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