Australian miner Fortescue expands battery electric powertrain output in UK

The Banbury facility will open in 2024 and operate alongside Fortescue's other Oxfordshire facilities including the Kidlington factory which will open later this year.

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Silicon Valley Bank subsidiary sold to management team

Healthcare investment firm SVB Securities announced Sunday that its management team would buy out the company from parent Silicon Valley Bank, the California-based lender whose brisk collapse in March shook financial markets.

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JLR taps Everstream Analytics' AI to dodge supply chain problems

The new AI technology, JLR said, will allow it to monitor its supply chain in real-time and protect the production of its current models and next generation of electric vehicles (EVs).

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India likely to bag 40% of jobs lost to layoffs globally; Mojocare funders flag financial finagling

Some good news to chase away the Monday blues. Remember the thousands who lost their jobs globally? According to experts, a big chunk of those roles could move to outsourcing hubs like India in the coming months. This and more in today’s ETtech Morning Dispatch.

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Coinswitch plans to launch platform for trading of Indian stocks

Coinswitch had earlier announced plans to offer conventional investment products like mutual funds, US stocks, etc., widening its scope beyond cryptocurrencies, which have taken a battering over the last few years.

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Everyone says social media is bad for teens but proving it is another thing

There have been increasingly loud public warnings that social media is harming teenagers' mental health but there is little research to prove that social media is harmful - or to indicate which sites, apps or features are problematic.

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Reddit's average daily traffic fell during subredditor's protest: report

Daily visitors dropped below 55 million by the end of the first day of the protest. Less than 53 million daily visitors on the platform were then recorded at the end of June 13.

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