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Companies that engage in aggressive tax avoidance may be saving money in the short term, but they are paying a hidden price in the eyes of investors. According to a new study by the University of Portsmouth, tax transparency is rewarded in capital markets while secrecy raises the cost of finance.
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This article is crossposted from IEEE Spectrum’s careers newsletter. Sign up now to get insider tips, expert advice, and practical strategies, written in partnership with tech career development company Taro and delivered to your inbox for free!Don’t squander the reverse interviewAt the end of every…
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Robinhood rolls out updates to its AI assistant and prediction market offerings. Robinhood CEO Vlad Tenev addressed concerns about integrity and consumer protection in prediction markets. He said that sports-prediction markets are regulated entirely differently from sports betting, and have had the …
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OpenAI Group PBC is in talks to raise at least $10 billion from Amazon.com Inc., The Information reported late Tuesday. The retail and cloud giant is no stranger to investing in large language model startups. It’s the biggest backer of Anthropic PBC, OpenAI’s top rival. A few weeks ago, Amazon Web S…
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Warner Brothers Discovery has rejected Paramount Skydance's hostile takeover bid, saying it carries many risks and is inferior to Netflix's offer.  The company's board said the Ellison family that controls Paramount "consistently misled" them about guarantees and urged shareholders not to sell them …
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Creators and publishers have long worried about Meta's ability to throttle links to outside content. Now, the company is testing out a new scheme that effectively puts link-sharing behind a paywall for creators on Facebook.Under the test, a Meta Verified subscription will determine how many links a …