Marcus Smart’s Net Worth in 2025: NBA Earnings, Endorsements, Business Ventures, & More
21 Jul
Business News

Marcus Smart’s Net Worth in 2025: NBA Earnings, Endorsements, Business Ventures, & More

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Business When it comes to building a fortune in the NBA, Marcus Smart’s journey proves that smart decisions—on and off the court—are just as valuable as talent. From the moment he was drafted by the Boston Celtics in 2014, Smart’s career has steadily moved upward, punctuated by lucrative contracts and high-profile trades. Along the way, he’s donned the jerseys of the Celtics, the Memphis Grizzlies, the Washington Wizards, and now the Los Angeles Lakers—an itinerary that speaks to the demand for his skills and the significant NBA income he’s banked through each transition. This summer, the 2022 Defensive Player of the Year added a new chapter to his career by signing a two-year, $11 million contract with the Lakers, filling a vital role for Los Angeles while securing his own future with a player option for 2026....
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5 tips for building foundation models for AI
21 Jul
Business News

5 tips for building foundation models for AI

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Business imaginima/GettyMany businesses are just beginning to grapple with the impact of artificial intelligence, but some have been using machine learning (ML) and other emerging technologies for over a decade. Also: Most AI projects are abandoned - 5 ways to ensure your data efforts succeed For Manish Jethwa, CTO at Ordnance Survey (OS), the UK's national mapping service, the priority is to combine his organization's AI and ML experiences with recent advances in generative AI to refine, distribute, and apply its treasure troves of data. Jethwa explained to ZDNET how language models (LLMs) are helping OS users find and query geospatial data. One of the key elements here is the organization's foundation models for AI, which serve as a base for building more specialized applications. Also: 4 questions to ask yourself before betting on AI in your business...
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Reckitt sells majority stake in Air Wick and Cillit Bang arm
18 Jul
Business News

Reckitt sells majority stake in Air Wick and Cillit Bang arm

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Business Friday 18 July 2025 7:33 amReckitt, the owner of brands such as Dettol, has struggled with growth headwinds over the past two yearsReckitt Benckiser has agreed to sell its Essential Home business to private equity investor Advent International for $4.8bn (£3.6bn). Essential Home includes the brands Air Wick, Calgon, Woolite and Cillit Bang. The FTSE 100 giant, which will retain a 30 per cent equity stake in the business, has been reshaping its business to focus on “11 high-growth, high-margin Powerbrands” as part of a simplification drive. Kris Licht, Reckitt chief executive, said the company was “executing strategic plan at pace”. “The divestment of Essential Home represents a significant step forward in unlocking the substantial value in our business. “This moves Reckitt towards becoming a simpler, more effective world-class consumer health and hygiene company and it will enable us...
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UK’s mid-sized firms at fastest growth since Labour elected
18 Jul
Business News

UK’s mid-sized firms at fastest growth since Labour elected

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Business Friday 18 July 2025 6:00 am|Updated:Thursday 17 July 2025 4:47 pmMid-market businesses are growing at the fastest rate since Labour came into power. Middle-market businesses are growing at their fastest rate since Labour was elected last July, fresh research has suggested, as UK bosses shake off cost increases in taxes and utility bills. Labour has made economic growth a central mission in government, with small and medium-sized firms highlighted as key to driving national income. Fresh research by Natwest has suggested that mid-market service providers saw their strongest rate of growth in 15 months in June. The tracker, which uses data from S&P Global’s purchasing managers’ index (PMI), suggested the service sector was “solely responsible” for the upturn. Middle-market firms benefitted from more sales projects and new product launches, performing better than smaller firms struggling with higher costs...
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