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All of today’s top news stories from BizToc. Get the full analysis behind how media bias impacts breaking news.

Ground News has come across 422 headlines reported on by BizToc during the past 3 months.

BizToc’s aggregated media bias check is unknown. Ground News is unable to assign a bias rating and does not have ratings available from Ad Fontes Media, All Sides, and Media Bias/Fact Check.

BizToc’s factuality rating is unknown. Ground News calculates this rating using a combination of the fact and reliability ratings from Ad Fontes Media and Media Bias/Fact Check.

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All of today’s top news stories from BizToc. Get the full analysis behind how media bias impacts breaking news. Ground News has come across 422 headlines reported on by BizToc during the past 3 months.

BizToc’s aggregated media bias check is unknown. Ground News is unable to assign a bias rating and does not have ratings available from Ad Fontes Media, All Sides, and Media Bias/Fact Check. BizToc’s factuality rating is unknown. Ground News calculates this rating using a combination of the fact and reliability ratings from Ad Fontes Media and Media Bias/Fact Check.

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Top BizToc News

Adani Group

MSCI seeks feedback on Adani Group over Hindenburg report

45% Center coverage: 9 sources

MSCI says it is aware of a report issued by short-seller Hindenburg Research. Seven listed companies of the Adani conglomerate have lost a combined $48 billion. U.S. bonds of Adani firms have fallen since Hindenburg flagged concerns about debt levels and the use of tax havens.See the Story

Mark Zuckerberg · California

Meta posts lower Q4 profit, announces huge stock buyback

65% Center coverage: 28 sources

Facebook parent company Meta posted lower fourth-quarter profit and revenue on Wednesday, hurt by a downturn in the online advertising market and competition from rivals such as TikTok.See the Story

Elon Musk · San Francisco

Elon Musk is trying to build a Twitter payments system --- and crypto may be part of it: report

67% Center coverage: 9 sources

Twitter is moving ahead with plans to introduce payment tools across the social media app, according to a Monday report. Per The Financial Times, the platform’s CEO Elon Musk says the system would initially use fiat currencies and eventually add cryptocurrency functionality. See the Story

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Mark Zuckerberg · New York

America's Richest Lost $660 Billion Collectively in 2022 — Elon Musk Lost the Most

50% Right coverage: 10 sources

U.S. billionaires’ net worth shrank the most compared to those in other countries, reports Forbes.

See the Story

Mark Zuckerberg · Menlo Park

Meta plans to cut thousands of jobs as soon as this week

52% Center coverage: 53 sources

Meta Platforms Inc will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on Monday, only a few months after the Facebook-parent reduced more than 11,000 people from its workforce.

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Business · Redmond

Is Bing too belligerent? Microsoft looks to tame AI chatbot

69% Center coverage: 112 sources

Users have reported that Microsoft’s new Bing AI chatbot is providing inaccurate and sometimes aggressive responses, in one case insisting that the current year is 2022 and calling the user that tried to correct the bot “confused or delusional.”

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Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022 – Featured Bitcoin News

Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a new report by Crypto.com shows. The number of bitcoin owners reached 219 million in December, the report adds. The strongest growth for bitcoin ownership in 2022 happened in April when the Central African Republic became the second country to adopt the cryptocurrency as legal tender.

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Interest Rates

DCG's crypto exchange Luno to cut 35% jobs amid harsh crypto winter

80% Center coverage: 5 sources

Luno, a London-based cryptocurrency exchange, is slashing 35% is global workforce. The company cited "an incredibly tough year for the broader tech industry" The firm is owned by Digital Currency Group ("DCG"), the crypto-focused conglomerate. On Jan. 20, crypto broker Genesis filed for bankruptcy protection.

See the Story

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