Tuesday, 7 December 2021

Business

Picasso oil painting sells for over $100m

An oil painting by Pablo Picasso sold for US$103.4 million at a Christie’s auction in New York, smashing its presale estimate of US$55 million. The portrait of Picasso’s French lover Marie-Therese, Femme assise près d’une fenêtre (Marie-Thérèse), or “Woman sitting near a window”, led the 20th Century Evening Sale. Keith ...

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Ireland rejects Facebook bid to block regulatory data probe

AFP Photo DUBLIN – Ireland’s High Court rejected Facebook’s bid to block an investigation that could potentially stop data transfers from the European Union to the United States. “I refuse all of the reliefs sought by (Facebook Ireland) and dismiss the claims made by it in the proceedings,” read a ...

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China completes historic Mars spacecraft landing

An uncrewed Chinese spacecraft successfully landed on the surface of Mars on Saturday, state news agency Xinhua reported, making China the second space-faring nation after the United States to land on the Red Planet. The Tianwen-1 spacecraft landed on a site on a vast plain known as Utopia Planitia, “leaving a Chinese ...

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Microsoft’s Surface Duo is down to $599

Microsoft LONDON – As folding phones gained momentum last year, Microsoft released its own take. The Duo is unique, and today, you can grab one for $599 on Woot – the lowest price for it we’ve seen so far. To be clear, even at $599, this probably isn’t a phone ...

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UK economy, gearing up for recovery, grows more than expected in March

Photo: Reuters LONDON (Reuters) – Britain s pandemic-battered economy grew more strongly than expected in March as it gathered speed for a bounce-back from its coronavirus slump of 2020, official data showed. The 2.1% growth from February was led by the reopening of schools which, alongside COVID-19 testing and vaccinations, pushed ...

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SpaceX signs deal with Google Cloud for satellite broadband

WASHINGTON – Elon Musk’s SpaceX announced that Google would team up with its Starlink satellite internet service to deliver cloud computing services to business customers. Under the partnership, SpaceX will place its Starlink ground stations within Google data center properties, which can help the service support businesses requiring cloud-based applications. ...

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Melinda Gates breaks silence in first twitter post

Bill and Melinda Gates Foundation Last week, the Microsoft co-founder and his wife announced they were divorcing after 27 years of marriage, noting they don’t believe they can “grow together as a couple” anymore. They later stated that their joint philantropic work via the Bill and Melinda Gates Foundation will ...

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Governor of Georgia suspends gas taxes

Mandatory Credit: Photo by John Amis/AP/REX/Shutterstock Georgia Governor Brian Kemp signed an executive order that temporarily suspends gas taxes in the state to prevent a hike in fuel prices in the aftermath of the Colonial Pipeline cyberattack. “Today Governor Brian P. Kemp signed an executive order to temporarily suspend gas ...

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Cryptocurrency Ethereum breaks $4,000 to hit record high

REUTERS/Dado Ruvic/Illustration/File Photo LONODON – Cryptocurrency Ethereum broke $4,000 for the first time on Monday, climbing to a new peak for a third day in a row on bets it may find new uses, although some analysts said it was overvalued at current levels. Ethereum, the second-largest coin by market ...

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