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TikTok parent ByteDance’s founder Zhang Yiming reclaims spot as China’s richest person, thanks to firm’s AI push

Beijing — ByteDance founder Zhang Yiming reclaimed the top spot on a list of China’s richest people, driven by his company’s push into artificial intelligence. The rankings released by The Hurun Research Institute on Tuesday reflected that the country’s high-tech sectors were rising while others, like the consumer sector and real estate, were under pressure….

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Online betting companies lavish losers with rewards while capping winners

As greater scrutiny is falling on online sports betting companies for the way they offer extravagant perks to customers who are losing large sums of money, there is another question emerging about this fast-growing industry: how the companies treat their biggest winners. States and state lawmakers have raised questions about a practice called “limiting” —…

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U.S. designates helium a critical material following 60 Minutes report on supply chain crisis

The Energy Department designated helium as a critical material Friday, days after a 60 Minutes report that examined the impact of the Iran war on the world’s helium supply. The designation, which makes more federal financing available for helium producers, cited its “essential role in semiconductor manufacturing and advanced energy technologies.” Even though the U.S….

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Democrats demand tougher standards for companies running Medicaid systems

A group of Democratic senators is demanding that the federal agency overseeing Medicaid — the health coverage program for people with low incomes or disabilities — institute tougher standards for government contractors running complex computer systems that millions of people rely on to get benefits. Three Democratic senators issued recommendations a year after launching an…

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Sally Rooney’s books withdrawn in U.K. over author’s support for designated terror group Palestine Action

London — World-renowned Irish author Sally Rooney’s books will no longer be supplied to booksellers in the U.K. due to her public support for Palestine Action, a group banned as a terrorist organization in Britain. Rooney, the bestselling novelist behind “Normal People” and “Conversations with Friends,” both of which have been adapted into television shows,…

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U.S. may have withheld warnings to Ukraine of Russian strikes that killed 6, cut power to 600,000, sources say

The U.S. may have intentionally withheld early warnings this week of Russian strikes on Ukraine, multiple sources familiar with the matter told CBS News. President Volodymyr Zelenskyy said Ukraine “received no advance warning from our partners” when Russia launched a ballistic missile barrage at Kyiv and other locations early Tuesday.  The sources said American officials told…

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