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Pulse of the Hour
Elon Musk teases charging for X; Cisco acquires Splunk
Elon Musk threatens to monetize Twitter's X, as OpenAI launches DALL-E 3. Meanwhile, tech giant Cisco moves to acquire software company Splunk.
HSBC-backed Startup Silent Eight Eyes IPO
Financial crime fighting startup Silent Eight, backed by banking giant HSBC, is considering an initial public offering, indicating strong growth potential.

U.N. Bid to Revive Black Sea Grain Deal Dismissed
Russian Foreign Minister Lavrov has dismissed an effort by the U.N. to revive a grain deal between Ukraine and the Black Sea nations, impacting global grain supply.

Google Pixel 8 Camera Features Revealed
Promotional video leaks exciting new camera features for Google's Pixel 8 and Pixel 8 Pro, setting the stage for intense competition in the smartphone market.

12h Briefing
Amazon Injects Ads in Prime Video
Amazon will integrate advertisements into Prime Video content starting next year, with a promise of significantly fewer ads than traditional TV channels and other streaming platforms.

Rite Aid Ponders Bankruptcy, Plans Store Closures
Pharmacy giant Rite Aid is considering a bankruptcy plan that could result in the closure of a significant number of its 2,100-plus outlets, in ongoing talks with creditors.

Tech Import Licensing Delayed by India
India postpones the imposition of import licensing for laptops and tablets following push back from US and the industry, showing caution to not escalate trade discrepancies.

Venture Capital Surges in Deep Tech
Venture capital investments in regional startups focusing on Web3 applications, carbon control, and blockchain reflect a significant increase, highlighting the region's role as a tech innovator.

Fed Trims Workforce Amid Economic Optimism
Despite Federal Reserve Chair Jerome Powell's assurance about the state of the US economy, the Federal Reserve shows uncertainty, cutting about 300 jobs by the end of this year.

Intel Slapped with New $400M EU Antitrust Fine
Intel faces a fresh $400 million fine from EU anti-trust regulators, following a court overturning an original 1.06 billion-euro precedent-setting fine in the long-running legal battle.

Oracle's Ellison Now World’s Third-Richest Man
Larry Ellison, co-founder and chairman of Oracle, is now the world’s third-richest man, thanks to artificial intelligence and cloud-computing advancements and market performance.

EU Trade Chief: No Decoupling from China
The EU has no plans to sever ties with China but needs to protect itself, according to the EU Trade Chief, illustrating the complexity of balancing geopolitical and economic interests.

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Wikipedia Current Events
Armed conflicts and attacks
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- UNIFIL intervenes to prevent the outbreak of a confrontation between the Lebanese Army and the Israeli Army near the Shebaa Farms. (Jerusalem Post)
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- At least 20 people are killed in a suicide car bombing at a checkpoint in Beledweyne, Hiran, Somalia. (Xinhua)
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Disasters and accidents
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- Tropical Storm Ophelia makes landfall in North Carolina, United States. (CNN)
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