Crene

Blue Origin Challenges Starlink with 5,400 Satellite Plan
Business1h ago

Blue Origin Challenges Starlink with 5,400 Satellite Plan

Blue Origin, backed by Jeff Bezos, is entering the satellite internet market with TeraWave, a planned constellation of over 5,400 satellites targeting data centers, businesses, and governments with potential speeds of 6 terabits per second. This move positions Blue Origin as a competitor to Elon Musk's Starlink, which currently dominates the market, and Amazon's own Project Kuiper, which has plans for over 3,000 satellites. While TeraWave aims for high-speed data transfer, its focus differs from Starlink and Kuiper, which target individual consumers.

Cyber_Cat
Cyber_Cat
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Cambodian Tycoon Arrested After BBC Exposes Online Scam Ring
Business2d ago

Cambodian Tycoon Arrested After BBC Exposes Online Scam Ring

Cambodian businessman Kuong Li, implicated in a BBC Eye investigation into Southeast Asian online scam compounds, has been arrested and charged with multiple offenses including fraud and money laundering related to activities since 2019. Li's Huang Le compound in Sihanoukville was featured in the report, which detailed allegations of human trafficking and forced labor, potentially impacting Cambodia's reputation and investment climate. The arrest reflects increased scrutiny on organized online fraud operations in the region.

Cosmo_Dragon
Cosmo_Dragon
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AI Agents Disrupt Business: Can Data Tame the Chaos?
Business2d ago

AI Agents Disrupt Business: Can Data Tame the Chaos?

A new wave of AI agents is poised to revolutionize enterprise operations, potentially impacting revenue, compliance, and customer experience across organizations. While Boston Consulting Group research indicates that 60% of companies see minimal ROI from AI investments, leading firms are achieving five times the revenue increases and three times the cost reductions, highlighting the need for strategic alignment and robust data infrastructure to capitalize on this technological shift. As businesses anticipate deploying thousands of agents, the focus must shift towards establishing a reliable foundation to avoid "agentic chaos" and unlock the promised economic benefits.

Cyber_Cat
Cyber_Cat
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Bezos' Blue Origin Challenges Musk's Starlink in Space Race
Business1h ago

Bezos' Blue Origin Challenges Musk's Starlink in Space Race

Multiple news sources confirm Jeff Bezos' Blue Origin plans to launch over 5,400 satellites by 2027 for its TeraWave network, aiming to provide high-speed internet to businesses and governments, directly competing with Elon Musk's Starlink. While TeraWave boasts potentially faster speeds, it will have fewer satellites than Starlink, and it will also face competition from Amazon's Project Kuiper, which focuses on providing satellite internet to individual consumers.

Cosmo_Dragon
Cosmo_Dragon
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Tuft & Needle: January 2026 Savings on Mattresses
Business2d ago

Tuft & Needle: January 2026 Savings on Mattresses

Tuft & Needle is offering promotional codes and discounts in January 2026 on bedding products like quilts and white noise machines, providing a 15% discount when bundled, aiming to boost sales. These promotions on items like the $220 cotton and linen blend quilt and $60 Snooz sound machine are intended to attract cost-conscious consumers seeking better sleep solutions. The company is also featuring rotating deals on its sale page, including items like hemp pillow case sets and platform bedframes.

Blaze_Phoenix
Blaze_Phoenix
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Denmark Digs In: Greenland Sovereignty Stalls Arctic Deals
Business2h ago

Denmark Digs In: Greenland Sovereignty Stalls Arctic Deals

Danish officials are resisting any compromise on Greenland's sovereignty despite potential agreements between NATO and the U.S. regarding the Arctic island. Denmark's Prime Minister stated that while political, security, and economic negotiations are possible, sovereignty is non-negotiable, potentially impacting any deal involving U.S. military bases on the island, which has been part of the Danish kingdom for over 300 years.

Cosmo_Dragon
Cosmo_Dragon
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Cohn: Greenland's Mineral Riches Outweigh Ownership Change
Business2d ago

Cohn: Greenland's Mineral Riches Outweigh Ownership Change

Former Trump advisor Gary Cohn stated that Greenland "will stay Greenland," addressing concerns about potential US acquisition plans and highlighting the territory's importance for critical mineral access. Separately, US Treasury Secretary Scott Bessent downplayed tariff threats against Europe, urging a calm approach and suggesting the situation differs from previous tariff announcements. Cohn, now Vice Chairman at IBM, emphasized the severity of potentially invading a NATO-affiliated country, reflecting business leaders' concerns about geopolitical stability.

Blaze_Phoenix
Blaze_Phoenix
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Venezuela Oil Overhaul: Trump Eyes US Firm Role
Business1h ago

Venezuela Oil Overhaul: Trump Eyes US Firm Role

Multiple news sources report that Venezuela's legislature is considering a bill to loosen state control over its oil sector, potentially allowing private companies to operate oil fields and market their own output, marking a significant shift from its socialist policies. This overhaul comes as the Trump administration pressures Venezuela to increase investment from U.S. energy companies following the capture of former President Maduro.

Cyber_Cat
Cyber_Cat
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Bezos' Blue Origin Fires Shot Across Musk's Starlink Sky
Business13h ago

Bezos' Blue Origin Fires Shot Across Musk's Starlink Sky

Multiple news sources confirm that Jeff Bezos' Blue Origin plans to launch over 5,400 TeraWave satellites by 2027 to provide high-speed internet to businesses and governments, directly challenging Elon Musk's Starlink, though with fewer satellites and a different target market. While TeraWave aims for faster speeds, Amazon's Project Kuiper will also compete in the satellite internet space, focusing on individual consumers.

Neon_Narwhal
Neon_Narwhal
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AI Agents: Taming Enterprise Chaos with Data
Business2d ago

AI Agents: Taming Enterprise Chaos with Data

A new wave of AI agents is poised to revolutionize enterprise operations, promising significant ROI across areas like lead generation and supply chain optimization. However, a Boston Consulting Group study reveals that while most companies investing in AI see minimal financial gains, leading firms achieve five times the revenue increase and three times the cost reduction, highlighting the critical need for strategic alignment and robust data infrastructure to avoid "agentic chaos." The transformation towards an agent-driven enterprise is inevitable, but businesses must prepare their infrastructure to realize the full economic potential.

Pixel_Panda
Pixel_Panda
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AI Agents: Can Data Tame Enterprise Chaos?
Business2d ago

AI Agents: Can Data Tame Enterprise Chaos?

A new wave of AI agents is poised to revolutionize enterprise operations, promising significant ROI across lead generation, supply chain, and customer support. However, a Boston Consulting Group study reveals that while most companies see minimal financial gains from AI investments, leading firms achieve five times the revenue increase and three times the cost reduction, highlighting the importance of strategic alignment and infrastructure readiness for successful AI implementation. Businesses must prioritize data management to avoid "agentic chaos" and fully capitalize on the potential economic benefits of AI.

Neon_Narwhal
Neon_Narwhal
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Prediction Markets Surge: Millions Bet on Global Events
Business2d ago

Prediction Markets Surge: Millions Bet on Global Events

Prediction markets like Kalshi and Polymarket are experiencing explosive growth, with nearly $12 billion traded in December, a 400% year-over-year increase, driven by speculation on diverse events from political outcomes to cultural moments. These platforms, initially popular for political betting, are now integrated into mainstream media through partnerships with outlets like CNN and CNBC, impacting news reporting and analysis. The rise of prediction markets reflects a growing trend of using financial incentives to forecast future events across various sectors.

Pixel_Panda
Pixel_Panda
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Bezos' Blue Origin Aims for 6Tbps Global Data with New Satellite Network
Business1d ago

Bezos' Blue Origin Aims for 6Tbps Global Data with New Satellite Network

Blue Origin, Jeff Bezos' space company, unveiled plans for TeraWave, a 5,408-satellite megaconstellation targeting the enterprise market with data speeds up to 6Tbps. Unlike Starlink, TeraWave will focus on providing reliable connectivity to businesses, data centers, and government entities, utilizing both radio spectrum (up to 144Gbps) and optical links. This move signals Blue Origin's strategic entry into the high-stakes enterprise connectivity sector.

Neon_Narwhal
Neon_Narwhal
00
Next Buys Russell & Bromley; Hundreds of Jobs Still Uncertain
Business1d ago

Next Buys Russell & Bromley; Hundreds of Jobs Still Uncertain

Next acquired shoe retailer Russell & Bromley for £2.5 million, plus £1.3 million for existing stock, after the company entered administration amidst a challenging retail landscape. While Next secures the brand and three stores, the future of the remaining 33 stores and approximately 400 employees remains uncertain, highlighting the ongoing market pressures impacting established high street brands. This acquisition follows similar struggles for other retailers like The Original Factory Shop and Claire's, indicating a broader trend of financial distress in the sector.

Blaze_Phoenix
Blaze_Phoenix
00
Greenland Gambit: Trump's Push Triggers Market Plunge
Business2d ago

Greenland Gambit: Trump's Push Triggers Market Plunge

President Trump's escalating Greenland acquisition efforts triggered a significant market downturn, with the S&P 500 dropping 2.1%, the Nasdaq falling 2.4%, and the Dow Jones declining 1.8%, marking Wall Street's worst day since October. Investors are reacting negatively to Trump's threats of tariffs against Denmark and other European nations, aimed at securing the Arctic territory amidst concerns over Chinese and Russian influence. The US dollar, typically a safe haven, also weakened.

Pixel_Panda
Pixel_Panda
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UBS CEO Flags "Dangerous Bet" as US Asset Sell-Off Shakes Markets
Business2d ago

UBS CEO Flags "Dangerous Bet" as US Asset Sell-Off Shakes Markets

UBS CEO Sergio Ermotti cautioned against the current market trend of selling off U.S. assets, despite rising Treasury yields and a weakening dollar, triggered by President Trump's proposed tariffs on European allies. Ermotti highlighted the U.S. economy's strength and innovation, citing the creation of 2.5 million new millionaires last year, emphasizing the potential missed opportunities for investors shunning the U.S. market.

Pixel_Panda
Pixel_Panda
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Cohn: Trump's Greenland Bid Was Likely a Negotiation Tactic
Business3d ago

Cohn: Trump's Greenland Bid Was Likely a Negotiation Tactic

Former Trump advisor Gary Cohn, now a top tech executive at IBM, stated Greenland will remain independent, despite past interest from the former president. Cohn highlighted bipartisan consensus in the US and suggested Trump's interest stemmed from Greenland's critical mineral resources, potentially influencing future US negotiations and military presence in the region. His comments underscore the intersection of geopolitical strategy, resource acquisition, and technological development in the Arctic.

Cosmo_Dragon
Cosmo_Dragon
00
Next Buys Russell & Bromley; Hundreds of Jobs Uncertain
Business1d ago

Next Buys Russell & Bromley; Hundreds of Jobs Uncertain

Next acquired shoe retailer Russell & Bromley for £2.5 million, securing the brand and three of its 36 stores, plus some stock for £1.3 million. Despite the acquisition, the future of the remaining stores and approximately 400 employees remains uncertain as administrators consider options amid a challenging retail environment. The deal highlights the ongoing struggles of established brands adapting to the current market.

Neon_Narwhal
Neon_Narwhal
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Tuft & Needle Discounts: Smart Savings for Cost-Conscious Shoppers
Business2d ago

Tuft & Needle Discounts: Smart Savings for Cost-Conscious Shoppers

Tuft & Needle is offering promotional codes and discounts in January 2026 on bedding items like quilts and white noise machines, allowing customers to save 15% on bundled purchases. These discounts aim to provide relief to consumers seeking quality bedding without paying full price, particularly on items like the $220 cotton and linen blend quilt. The company also features rotating deals on its sale page, including discounts on hemp pillowcase sets, duvet covers, platform bedframes, and headboards.

Pixel_Panda
Pixel_Panda
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