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Adobe acquires Indian market intelligence startup Rilo

Adobe has acquired India-based marketing intelligence startup Rilo in a deal involving licensing and team acquisition, TechCrunch learned and the company confirmed. This is Adobe’s second acquisition from India after it bought video platform Rephrase.ai in 2023. The companies didn’t disclose the deal’s terms. Beyond confirming the deal, Adobe declined to comment. The acquisition gives…

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What is Hedera Hashgraph and how does HBAR work?

Summary Hedera Hashgraph is a public distributed ledger that replaces the block-and-chain model with a directed acyclic graph, reaching asynchronous Byzantine fault tolerance without miners or energy-intensive proof of work. The native token HBAR pays for transaction fees, funds network staking, and secures the ledger through a weighted proof-of-stake mechanism capped at 50 billion fixed…

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John Ternus Faces AI Test

The man who shepherded Apple to a market capitalization of more than $4 trillion has ended his 15-year run as chief executive, handing the company to hardware chief John Ternus with an emotional farewell memo. After 15 years as chief executive, Tim Cook officially stepped down on Sept. 1, passing the reins to John Ternus,…

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Kiyosaki Says He’s $1.2B in Debt

Key Takeaways Kiyosaki says $1.2 billion in debt backs roughly 1,500 apartment units and several hotels. The debt is shared among a group of investors; Kiyosaki’s personal share is far smaller. Kiyosaki remains a vocal bitcoin holder, calling it a hedge against inflation and dollar risk. Kiyosaki Doesn’t Care Robert Kiyosaki, the 79-year-old author of…

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Gold Just Erased All Its August Gains

The Treasury Department’s announcement led to major gains for several assets. Gold, though, has lost its own. Financial markets experienced enhanced turbulence in the middle of August after the US Treasury Department’s Scott Bessent announced a major monetary pivot. Bitcoin and gold were among the most significant beneficiaries, posting substantial gains in the first…

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U.K. bond yields hit 18-year high as Bitcoin holds above $76K

Former U.K. Prime Minister Liz Truss warned on Sept. 2 that rising government debt and borrowing costs could eventually force Britain to introduce emergency spending cuts. Summary U.K. 10-year gilt yield reached 5.268%, its highest level in approximately eighteen years on Wednesday. Thirty-year borrowing costs remained near 5.9%, increasing pressure on Britain’s upcoming October budget…

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