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US streaming rivals team up to catch Netflix
US streaming rivals team up to catch Netflix
by  AFP

US video streaming companies are joining forces to attract new viewers, boost ad sales, and finally turn a profit -- something only Netflix has managed to accomplish so far. The alliances will group more viewers and attract advertising, which is back in favor, including at Netflix.

Japan inflation rises slightly to 2.6% in June
Japan inflation rises slightly to 2.6% in June
by  AFP

Japanese inflation was slightly higher in June, with prices rising 2.6 percent on-year compared with 2.5 percent in May, internal affairs ministry data showed Friday. Excluding fresh food and energy, Japanese prices rose 2.2 percent in June, following a 2.1 percent rise in May, the internal affairs ministry said. hih/kaf/cwl

Billionaire Ken Griffin revealed as $44.6m dinosaur fossil buyer
Billionaire Ken Griffin revealed as $44.6m dinosaur fossil buyer
by  AFP

The buyer who spent a record $44.6 million to buy a stegosaurus fossil at auction was Ken Griffin, CEO of the Citadel hedge fund, according to a person familiar with the acquisition. The skeleton, nicknamed Apex, is estimated to be 150 million years old and is the largest stegosaurus ever found, according to the auction house.

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