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That seems to be what the paper’s leadership has announced, using different words. Here they are, via its CEO/publisher, Will Lewis: Related stories This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. I am excited to let you know that later this year we will be launching a new division of the newsroom entirely dedicated to better serving audiences who want to consume and pay for news differently from traditional offerings. This third newsroom will be comprised of service and social media journalism and run separately from the core…

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Quantum computing is a gnarly technical challenge that tech giants have been hacking away at for more than a decade.Microsoft isn’t giving up, according to an internal memo detailing cuts in other parts of the company’s operations.Business Insider broke the news on Monday that Microsoft is cutting hundreds of jobs from its Azure cloud business. Executive Jason Zander blamed the cuts on Microsoft’s need to purse AI investments, according to an internal memo obtained by BI. In that memo, Zander also discussed other areas where Microsoft is doubling down, although he still described this as part of the company’s broader…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets could be in for a choppy ride on Tuesday, with investors unsure whether to interpret Monday’s steep fall in U.S. Treasury yields and the dollar as an encouraging sign for risky assets or a warning that growth is evaporating. Given that Asian shares on Monday posted their biggest rise this year, before the weak ISM U.S. manufacturing report triggered the slide in yields, investors may err on the side of caution and pare back risk exposure, not add to it. If so, it will…

Nano Dimension (NASDAQ:), a leading player in the additive manufacturing sector, has reported a strong performance in the first quarter of 2024. The company’s focused reshaping initiative, aimed at profitability, has yielded a 36% increase in gross margins and a significant reduction in operating expenses. Cash burn has been notably reduced, while the company has also made strides in securing new customers in the defense and advanced electronics sectors. Nano Dimension’s CEO, Yoav Stern, provided insights into the company’s strategic plans, including a breakeven target by the second half of 2025, and the ongoing share buyback program.Key TakeawaysGross margins increased…

A new Utah lawsuit accuses TikTok of enabling the sexual exploitation of children through its livestreaming feature. TikTok live allows users to post live videos to the platform, where they can interact with viewers and respond to comments in real time. TikTok also allows viewers to send monetary “gifts” — often represented by colorful emojis — to users conducting livestreams. TikTok does not allow users under the age of 18 to host livestreams. But the lawsuit, filed by Utah Attorney General Sean Reyes in state court in Utah, alleges that TikTok Live operates “like a virtual strip club” where children may be…

Keith Gill is back to disclose huge position in GME shares. GameStop stock reaches above $40 in Monday premarket. GME stock closed on Friday at $23.14. US PCE report leaves market optimistic for lower inflation, more rate cuts. GameStop (GME) stock soared 74% in Monday’s premarket after Keith Gill, aka Roaring Kitty, disclosed a large position in GameStop short-term, in-the-money call options. GME stock closed on Friday at $23.14 but is trading north of $40 at the time of writing. Both the NASDAQ and S&P 500 futures are rising early Monday as traders consider a continuance with Friday’s mini-rally following…

The US Securities and Exchange Commission (SEC) approving Ethereum spot ETFs was a big step for the cryptocurrency market. The regulator’s decision followed the earlier approval of Bitcoin spot ETFs, which led to a massive inflow of capital into BTC. Ethereum ETFs Could Record Massive Inflows After Launch A prominent crypto researcher Bobby Banzai forecasts monthly inflows of $569 million for Ethereum ETFs once trading begins. His prediction is based on international ETF values and Chicago Mercantile Exchange (CME) futures open interest data, which show that ETH’s value is around 19% relative to BTC. “With Bitcoin flows amounting to $13.6…

The prominent OPEC+ oil producers’ alliance is awaiting concrete central bank action on interest rates before factoring in the potential impact on the energy demand landscape, according to Saudi Arabia’s energy minister.”Central banks, with all respect, they’re flip-flopping [on their messaging],” Prince Abdulaziz bin Salman said during a Sunday press briefing, in response to a question on whether OPEC+ supply cuts could reinject inflationary pressures worldwide, at a time when central banks are reining in consumer price increases and shyly inching toward possibly cutting interest rates.Earlier on Sunday, the OPEC+ group — which combines the Organization of the Petroleum Exporting…

A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Last week, President Joe Biden was defending the justice system as a “cornerstone” of society. “It’s dangerous, it’s irresponsible for anyone to say this was rigged just because they don’t like the verdict,” Biden said at the White House after Republicans tried to undercut the process that led to former President Donald Trump’s conviction in New York on state charges. This week, the president will have to remember those words while his son Hunter faces federal gun charges at…