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Amazon turns to deforestation in Africa

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2 years ago

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Amazon’s founder and CEO is no stranger to making headlines, and his latest venture is sure to turn some heads.

Bezos is looking to help reverse deforestation on 100 million acres of land in Africa by 2030.

The billionaire’s philanthropic organisation, the Bezos Earth Fund, is championing the cause and working with African Union countries to make it happen.

If successful, it would be a major win for the environment and help preserve some of Africa’s most biodiverse and threatened ecosystems.

So why is Bezos focusing on Africa?

Well, the continent is home to some of the world’s most endangered species and its ecosystems are under immense pressure from human activity.

His organisation’s efforts could help to protect these animals and their habitats, while also providing a much-needed boost to the local economy.

It comes as the Earth Fund’s CEO says richer countries are going to have to step up the support for their struggling counterparts…

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William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Warner Brothers & Discovery considers splitting up to boost stock value

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1 week ago

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July 19, 2024

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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1 week ago

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July 18, 2024

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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1 week ago

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July 18, 2024

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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