Table of Contents

• What lies in store for tennis' revamped future?

• Transforming the grid: How AI and sustainability a …

• Top Tickers

• Meta sparks tech selloff as AI splurge spooks Wall …

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What lies in store for tennis' revamped future?

More money, equal pay, fewer tournaments

As tennis continues to evolve, the discussion about including Saudi Arabia in hosting premium tours alongside the ATP, WTA, and Grand Slams is gaining momentum. What does this mean for the future of the sport? Saudi Arabia's role could offer new venues and substantial funding, but it also raises questions about the strategic direction of tennis globally.

The world of tennis is poised at a significant crossroad with the introduction of premium tours and revamped Grand Slam payouts. Recent discussions reveal plans to reshape the economic landscape, aiming to offer more lucrative winnings and potentially fewer tournaments.

The involvement of heavyweight investors, including interest from Saudi Arabia, suggests a seismic shift towards more commercially driven events. These changes are expected to elevate the sport's global profile while ensuring equitable pay—a long-standing issue in tennis circuits.

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Transforming the grid: How AI and sustainability are redefining bitcoin mining

A sustainable future powered by AI and crypto?!

The landscape of bitcoin mining is undergoing a transformative shift with the integration of artificial intelligence (AI) and sustainability practices. This approach not only enhances the efficiency of mining operations but also aligns them with global sustainability goals, promising a greener and more sustainable future for the crypto industry.

Recent advancements in AI technology are optimizing energy consumption and improving the cost-effectiveness of mining operations. These innovations are crucial as the industry faces increased scrutiny over its environmental impact.

Moreover, the adoption of renewable energy sources (e. g. in African countries like Kenya, Malawi or Zambia) in mining facilities is proving that profitability and environmental responsibility can go hand in hand. This shift is not just a necessity but an opportunity for investors and stakeholders to pioneer in a rapidly evolving market.

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Top Tickers

Some of the most active and relevant securities and quotes (compared to previous day's closing price)

Meta sparks tech selloff as AI splurge spooks Wall Street

Shares fell more than 15% in after-market trading after it revealed AI investment plans while reporting record revenue

Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta weighed heavily on the tech sector.

Meta Platforms' shares fell on Thursday as the social media firm's comments around prolonged spending on artificial intelligence unnerved investors. However, despite a sharp investor sell-off, some analysts welcomed the move, while others had a mixed view on the extended spending.

Meta's CEO Mark Zuckerberg has announced a continued increase in the company's spending on artificial intelligence. This decision comes at a time when operational expenses are soaring, yet the focus remains steadfast on leading the AI revolution.

As competitors also ramp up their AI efforts, Zuckerberg's strategy emphasizes not just keeping pace, but setting the pace. The initiative is aimed at cementing Meta's position at the forefront of AI development, which Zuckerberg believes is crucial for long-term success in an increasingly digital economy.

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Ski hero Marcel Hirscher after his retirement from the racing circuit 5 years ago: "At the beginning, I asked myself the really difficult question: 'What am I going to do now? In the last two years, I've found a good path, a great balance that makes me feel good."

Among other things, he is driving forward his self-founded ski company "Van Deer". His long-time rival Henrik Kristoffersen won the gold medal in the World Championship slalom in France—on Marcel’s Van Deer.

Now, at a meeting with the "Krone" newspaper in Vienna, he also spoke about the fact that people in Austria meet him differently than they did a few years ago:

"A lot of people still recognize me, hardly anything has changed. But it's still different. I used to hear 'Look, it's Hirscher' or sayings about the last races. Now some people even say 'Hello, Mr. Hirscher, how are you? Somehow I no longer feel like Austrian state property, I feel more appreciated by people. And that's a very nice feeling."

Now, Mr. Hirscher’s comeback!! An interesting story to drive and build the Mr. Hirscher-legacy. However, it is also very complex to steer this in the right direction so as not to damage the legacy…

Have a great Thursday!

Irg

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