ECONOMY
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PayPal shutters Malaysia office as part of customer service reorg
Payment giant PayPal has closed its office in Malaysia as part of a restructuring of its customer support teams. The…
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Trends
Warung Pintar raises $27.5M to digitize Indonesia’s street vendors
The digital revolution in Indonesia, Southeast Asia’s largest economy, continues to attract big money from investors. Hot on the heels…
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Business
Backing Culture Genesis, T.I. launches Tech Cypha, an investment syndicate for tech deals
With an inaugural investment into the Los Angeles-based entertainment startup Culture Genesis, Clifford Harris Jr., who’s better known as “T.I.”, has launched…
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Finance
VC funding of cybersecurity companies hits record $5.3B in 2018
2018 wasn’t all bad. It turned out to be a record year for venture capital firms investing in cybersecurity companies.…
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Finance
Redpoint Ventures is raising another $400M to invest in Chinese companies
Redpoint Ventures is doubling down on China. The firm, headquartered in Menlo Park, has filed documents with the U.S. Securities…
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Trends
Mobileye is using its sensors to create detailed maps of the UK
Mobileye, the Israeli-based automotive sensor company acquired by Intel in 2017, is leveraging the huge amounts of data it can…
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STARTUPS
Four ways to bridge the widening valley of death for startups
Shahin Farshchi Contributor More posts by this contributor Building a great startup requires more than genius and a great invention…
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Finance
Stock markets suffer their worst Christmas Eve trading day
Twas the last trading day before Christmas, and on the trading floor, Most stocks were falling, and then falling some…
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Trends
LetsTransport raises $13.5M to digitize and improve last mile logistics in India
India’s B2B supply chain is slowly shifting into the digital era. Following a $23 million investment for Moglix, which helps…
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Finance
SEC slaps startups Wealthfront and Hedgeable with fines for making false disclosures
The Securities and Exchange Commission appears to be keeping a close eye on financial services startups, with today’s news that…
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