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Tech

Fortnight raises $144 million in Ukraine aid

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Fortnight maker, Epic Games raises $144 million in aid money to support Ukraine victims

Epic announces it will be donating all its raised funds to charities and organizations like Direct Relief, UNICEF, World Food Program, the UN refugee agency, and the Word Central Kitchen.

The money was raised over a two-week period starting from March 20 through April 3.

Epic previously announced its plan to donate all its fortnight proceeds from purchases of battle passes, cosmetic packs, and subscriptions processed during these two weeks.

Xbox joined Epic in its fundraising effort, pledging to “contribute net proceeds for Fortnight during this time.”

Epic and Xbox’s support for Ukraine comes after fellow competitors and game companies like Square Enix and Bandai Namco also donated money and CD Projekt Red halted sales in Russia and Belarus to show solidarity.

Rijul Baath contributed to this report

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Leaders

Brazil bans X in a sign of politics and tech colliding

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Brazil top court justices to vote on a total ban of Elon Musk’s X social media platform in the region.

X was taken down in Brazil, one of its largest markets, following a decision by Justice Alexandre de Moraes, who has been locked in a months-long feud with Elon Musk. #featured #trending

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Shows

Experts provide key strategies to safeguard businesses in the face of cyber threats

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Exploring the causes of the Crowdstrike outage, the potential for exploitation, and strategies for strengthening your corporate security posture.

The Tech Edge is a captivating business IT talk show delving into the latest industry trends and their significance in today’s landscape.

Hosted by Director of Information Management of AvePointAlyssa Blackburn.

In this episode, Alyssa is joined by Dan Weis, Practice Lead at Nexon. #tech edge

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Money

Nvidia loses $200 billion in market value, AI interest drops

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Nvidia’s latest financial forecast has sent ripples through the tech industry, particularly impacting AI-related stocks.

The company’s projections, which fell short of analysts’ expectations, reflect broader concerns about the future growth of AI technologies.

Investors, previously optimistic about Nvidia’s pivotal role in AI development, are now cautious amidst signs of potential slowdown in demand. #featured #trending

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