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| Calling all TikTokers: Newsletter platform Substack is launching a $20 million fund to lure creators from TikTok and other social media outlets. Silent partner: MGX, an Abu Dhabi-based venture firm, is among the investors backing Stargate, the US joint venture led by OpenAI, SoftBank and Oracle to build artificial intelligence projects in the US. Pressure on app stores: India wants Apple and Google to open their mobile app stores to the state-backed GOV.in so people can directly access the government's suite of apps. Both companies are resisting the request. | |
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| Disney thinks CEO Bob Iger was worth 30% more in fiscal 2024 than a year earlier. The entertainment and media company bumped Iger's total compensation to $41.1 million in the year that ended in September, from $31.6 million in fiscal 2023. The increase came primarily in the form of a bigger bonus, along with greater stock and option awards. | |
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| Chinese-made drones are facing a ban in the US. While enthusiasts may not muster the political clout of 170 million TikTok users, they hope President Donald Trump will take up their cause as well, Drake Bennett writes in today's Tech In Depth. For more tech coverage from Bloomberg, subscribe here. | |
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| Johnson Controls suffered a damaging ransomware attack in 2023, but Chief Executive Officer George Oliver learned one major lesson: be transparent, Jordan Robertson writes in this week's Cyber Bulletin. To see more of Bloomberg's cybersecurity coverage, subscribe here. | |
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