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A year ago, renowned investor Roger McNamee had much of Silicon Valley baffled. McNamee had made his name as a tech investor in the ’80s and ’90s before cofounding the private equity firm Silver Lake Partners, then cofounding the venture capital firm Elevation Partners with singer Bono. A musician himself, McNamee had taken to spending
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The technology sector awards women and same-sex couples the most comprehensive fertility benefit packages, according to a survey by FertilityIQ, an online platform for fertility patients to review doctors and research treatments. The company asked 30,000 in vitro fertilisation (IVF) patients across industries about their employers’ — or their spouse’s employer’s’ — 2019 fertility treatment policy, and
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Mary Ann Azevedo Contributor Mary Ann Azevedo covers startups and tech at Crunchbase News. 2019 has been good to the Austin startup scene so far. Combined, Austin startups have raised $240.3 million in January. That’s not much less than the nearly $300 million raised in all of Q4 2018. And since the beginning of the year,
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Mark Minevich Contributor Japan, still suffering the consequences of its ‘Lost Decade’ of economic stagnation, is eyeing a transformation more radical than any the industrialized world has ever seen. Boldly identified as “Society 5.0” Japan describes its initiative as a purposeful effort to create a new social contract and economic model by fully incorporating the
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Nintendo held off on building smartphone games for years, but now they just can’t stop. They started with a little stumble with the short-lived Miitomo, but then found an audience with Super Mario Run. Then came Fire Emblem Heroes. Then Animal Crossing: Pocket Camp, and Dragalia Lost. Next up? Dr. Mario. Nintendo announced this afternoon
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The Tesla Model Y — the SUV electric vehicle that CEO Elon Musk has been teasing and talking about since 2015 — will begin volume production by the end of 2020, the company said Wednesday in a letter to shareholders. The automaker, which has yet to show a prototype of the vehicle, said it will
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AT&T just released its earnings report for the fourth quarter of 2018. The company generated $47.99 billion in revenue with adjusted earnings per share of 86 cents that exclude special items. Wall Street analysts had expected earnings per share of 86 cents and $48.5 billion in revenue. In other words, earnings per share are right
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WeChat isn’t the only one doubling down on lite apps. Ever since China’s messaging titan introduced “mini programs” two years ago, a handful of its peers including Alibaba and Baidu have followed with their own manifestations. Alipay, the payments solution affiliated with China’s ecommerce juggernaut Alibaba, today announced it surpassed 230 million daily active users and
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Samsung Electronics said Sunday it will replace plastic packaging used for its bevy of products from mobile phones and tablets to home appliances and wearables with paper and other environmentally sustainable materials like recycled/bio-based plastics. Samsung will start making the switch in the first half of the year. The company aims to only use paper packaging materials
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It’s Huawei vs. the U.S., the U.K., Canada, Australia, New Zealand, and most of Europe and Japan. It’s almost as if the world’s biggest surveillance superpowers don’t want Huawei cell tower and networking router equipment inside critical networks in their countries, amid concerns of the company’s links to the Chinese military. Huawei, they say, could
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Tinder recently agreed to settle a $23 million class-action age discrimination lawsuit. The lawsuit, filed last April in California, alleged Tinder charged people over 30 years old twice the amount for its subscription services. The class consists of every person, 29 years of age or older at the time, who subscribed to Tinder Plus or
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Tencent has finally come out of a prolonged freeze on game approvals as Beijing granted licenses to two of its mobile games this month. According to a notice published by China’s State Administration of Press, Publication, Radio, Film and Television on January 24, Tencent is one of nearly 200 games assigned licenses in January. That’s
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Okta, the Nasdaq-listed cloud identity management company, has recruited former Charles Schwab chief marketing officer Becky Saeger to its board of directors. The latest appointment comes one month after the company named Shellye Archambeau, former chief executive officer of MetricStream, to its board. Saeger becomes Okta’s third female board member. Michelle Wilson, a former senior
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TaxScouts, the U.K. “tax preparation” startup founded by TransferWise and Marketinvoice alumni, has created some new paperwork of its own. The London-based company has raised £1.2 million in seed funding. Leading the new round is SpeedInvest, with participation from Finch Capital and SeedCamp. It adds to £300,000 in pre-seed investment that TaxScouts announced six months
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AIESEC, a non-profit that bills itself as the “world’s largest youth-run organization,” exposed more than four million intern applications with personal and sensitive information on a server without a password. Bob Diachenko, an independent security researcher, found an unprotected Elasticsearch database containing the applications on January 11, a little under a month after the database
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The digital revolution in Indonesia, Southeast Asia’s largest economy, continues to attract big money from investors. Hot on the heels of a $50 million round for Bukalapak, a billion-dollar company helping street stall traders to tap the internet, so Warung Pintar, another startup helping digitize the country’s vendors, has pulled in $27.5 million for growth. Bukalapak