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Mortgage Demand Takes a Hit as Interest Rates Rise for the First Time in Five Weeks
Mortgage demand experienced its first decline in five weeks, dropping by 0.7% compared to the previous week, according to the Mortgage Bankers Association (MBA). This downturn coincides with an increase in the average contract interest…
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South Korea’s Financial Markets in Turmoil as Emergency Measures are Implemented
South Korea’s financial markets experienced significant turbulence on Tuesday, grappling with the fallout from political chaos that unfolded in recent days. The turmoil prompted the Bank of Korea (BOK) to convene an emergency meeting, where…
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Y Combinator’s Demo Day Returns to the Stage: What You Need to Know
Y Combinator (YC) is one of the most prestigious startup accelerators in the world, known for nurturing innovative ideas and helping entrepreneurs turn their visions into reality. Established in 2005, YC has funded thousands of…
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Amazon and Orbital: A Game-Changing Partnership to Capture CO2
In an innovative move to combat climate change, Amazon has announced a partnership with Orbital, an AI startup that specializes in designing advanced materials. This collaboration focuses on testing a cutting-edge material aimed at capturing…
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Indian Startups: Navigating a Shifting Funding Landscape in 2024
In the first half of 2024, the Indian startup ecosystem witnessed notable changes in funding dynamics. Startups raised a total of $11.3 billion, reflecting a 6% increase compared to the same period last year. However,…
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Accelerate Africa: Paving the Way for Startups in a Shifting Investment Landscape
As Y Combinator (YC) retreats from the African market, a new wave of homegrown accelerators is emerging to fill the void. One notable player in this space is Accelerate Africa, an innovative initiative aiming to…
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What You Need to Know about SpinLaunch’s Recent Funding
SpinLaunch, a company specializing in innovative space launch technologies, has recently raised $11 million in funding. However, this amount fell short of its expectations, as sources indicate the company hoped to secure a significantly larger…
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UCLA’s AI-Powered Comparative Literature Course is Revolutionizing the Classroom
UCLA has taken a bold step into the future of education by introducing a comparative literature course developed through artificial intelligence (AI). This innovative approach, pioneered by Professor Zrinka Stahuljak and facilitated by the Kudu…
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Rethinking Connection: How a Former Bonobos Founder is Transforming Social Media
Maggie Stamets is a prominent Podcast Producer for TechCrunch, based in Denver, Colorado. With a background as the Brand and Content Manager for BUILT BY GIRLS, she has cultivated a strong interest in technology and…
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Valuations Unveiled: The $500 Million Mystery of Pre-Product Startups
Valuing a startup can be a perplexing task, especially when that valuation skyrockets into the hundreds of millions before a product even hits the market. Understanding how companies achieve these lofty figures is crucial for…
