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Placer.ai, a location data analytics startup, raises $12 million Series A

Placer.ai, a startup that analyzes location and foot traffic analytics for retailers and other businesses, announced today that it has closed a $12 million Series A. The round was led by JBV Capital,

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Boeing partners with Tactical Robotics to develop VTOL tech

Boeing has signed a new agreement with Israel-based Tactical Robotics, an exploratory deal that will see the two companies work together jointly on “developing, producing and marketing” ai

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ServiceNow acquires Loom Systems to expand AIOps coverage

ServiceNow announced today that it has acquired Loom Systems, an Israeli startup that specializes in AIOps. The companies did not reveal the purchase price.IT operations collects tons of data across a

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Hong Kong reports 1st highly-suspected case of novel coronavirus pneumonia

The Hong Kong Special Administrative Region (HKSAR) government on Wednesday confirmed the first highly-suspected case of novel coronavirus pneumonia in Hong Kong. The

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San Francisco reports lowest rate of homicide in 50 years

San Francisco witnessed the lowest rate of homicides in about 50 years, while other violent crimes continue to fall in the city, authorities said Tuesday. The San Francisco Police Department (SFPD) r

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1.87 mln daily entry, exit trips predicted for Spring Festival holiday

The upcoming Spring Festival holiday will see a daily average of 1.87 million trips made by passengers through China's entry and exit frontier inspection stations, the

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Seeing China through the lens of U.S. photographers at San Francisco photo show

San Francisco Public Library on Tuesday held a photo exhibition that showcased the latest achievements including urban construction of Wuhan city in Central China recorded by seven American photogra

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Women's Olympic football qualifiers moved from Wuhan to Nanjing

Wang Shuang #7 of China dribbles the ball in the game against Chinese Taipei at the EAFF E-1 Football Championship in South Korea, December 17, 2019. The Chinese Football Association (CFA) and

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China's national legislature, political advisory body welcome press to cover annual sessions

China's national legislature and political advisory body invite journalists at home and abroad to report their annual sessions to be held in March, an official stateme

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WHO experts visit Wuhan for pneumonia epidemic

A group of experts from the World Health Organization (WHO) visited Wuhan on Monday and Tuesday to inspect work related to the pneumonia epidemic caused by the novel c

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Backgrounder: Opening up among China's major policies over past year

Opening up has been among the major policies that China holds dear despite mounting protectionism and downward pressures, and the country has expedited its pace of ope

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Tencent to grow gaming empire with $148M acquisition of Conan publisher Funcom in Norway

Tencent, one of the world’s biggest videogaming companies by revenue, today made another move to help cement that position. The Chinese firm has made an offer to fully acquire Funcom, the games

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China names new special envoy for Afghanistan affairs

China has recently named a new special envoy for Afghanistan affairs and will continue to play a constructive role in achieving peace and stability in Afghanistan at a

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Trump likely to visit Pakistan soon: Pakistani official

File Photo: U.S. President Donald Trump speaks at the WorldEconomic Forum (WEF) annual meeting in Davos,Switzerland, Jan. 21, 2020. (Xinhua/Guo Chen)U.S. President Dona

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Government to cushion GDP growth's slip past 6%

Editor's Note: Xu Bin is a Professor of Economics and Finance at China Europe International Business SchoolAccording to the National Bureau of Statistics, China's manufacturing Purchasing Managers

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Italy's Di Maio to quit as 5-Star leader

Luigi di Maio will step down as leader of Italy's co-governing 5-Star Movement on Wednesday, a senior party source said, as it seeks to stem a wave of defections that threatens the government's major

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3M China says it will maintain mask production during Spring Festival

American health care company 3M's Shanghai factory has been busy with production recently due to the rapid spike in demand for masks in China due to the novel coronavirus that recently appeared in Wu