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Elizabeth Warren, big tech’s sworn foe, drops out of 2020 race

After a campaign characterized by early stratospheric highs and devastating recent lows, Massachusetts senator Elizabeth Warren will drop out of the 2020 Democratic race.Warren vaulted to the top of

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Citing Star Wars, Kleiner Perkins closes a $700M fund for early-stage companies

After going “back to the future” with a $600 million fund last year, VC firm Kleiner Perkins is aiming for some “returns of the Jedi” with its freshest (and refocused) fund. With Star Wars references

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Spotlight: Media, experts question validity of U.S. coronavirus infection numbers

The real number of COVID-19 cases in the United States could be much higher than the official data, according to U.S. researchers. WASHINGTON, March 5 (Xinhua) -- The real number of COVID-19 cases

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Coronavirus unmasks America's depressing sick leave system

VCG A lot of hand-wringing is taking place in America over the shocking absence of a federal law that guarantees paid family or sick leave.In interim guidelines issued to businesses in the adv

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5G inquiry to examine 2025 deadline promise

The government has pledged to bring gigabit-speed broadband to the whole of the UK in the next five years.

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Spotlight: U.S. Democratic candidate Biden endorsed by Bloomberg, to clash with Sanders

WASHINGTON, March 4 (Xinhua) -- Former U.S. Vice President Joe Biden, who won most states in critical Super Tuesday's Democratic primaries, grabbed the endorsement of former New York City Mayor Micha

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U.S. is ramping up its COVID-19 testing capacity. Here's why.

After weeks of delay and faulty test kits, the U.S. is now scaling up capacity to conduct COVID-19 testing. At a press conference on Wednesday, U.S. Vice President Mike Pence announced that the Cente

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Study: Novel coronavirus has mutated

The novel coronavirus, which has caused the widespread epidemic COVID-19 since late December 2019, has evolved into two major subtypes, a Chinese study has revealed.To detect whether the virus, na

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'Putin's cook' seeks to distance himself from U.S. election meddling

A Russian businessman dubbed “Putin’s cook” for his close ties to Russia’s president sought in a court filing on Wednesday to distance himself and his company from accu

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Boosted lays off ‘a significant portion’ of team as it looks for a buyer

Boosted, the startup behind the Boosted Boards and, more recently, the Boosted Rev electric scooter, has laid off “a significant portion” of its team, the company announced today. The com

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Quibi closes on $750 million as its date with destiny approaches

With just over one month to go until its official launch date, the short-form, subscription streaming service, Quibi has closed on $750 million in new financing, according to a report in the company&

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SoftBank-backed Indian startup Oyo to cut 5,000 jobs globally

Oyo said on Wednesday it is laying off 5,000 people from its global workforce as the Indian budget hotel startup looks to cut its spendings and chase profitability.The latest round of job cuts would r

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Netlify nabs $53M Series C as microservices approach to web development grows

Netlify, the startup that wants to kill the web server and change the way developers build websites, announced a $53 million Series C today.EQT Ventures Fund led the round with contributions from exi

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Uber driver reclassified as employee in France

France’s Court of Cassation, a court of last resort, has ruled that a former Uber driver should have been considered an employee instead of a self-employed partner. As the Court of Cassation is the su

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International order in the time of pneumonia

An Iranian couple wear face masks at the Grand Bazaar in Tehran, Iran, February 20, 2020. /Reuters Editor's note: Ren Zheng is a Ph.D. student, majoring in American politics and international

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South Korea and its religious web of intrigue

Lee Man-hee, founder and leader of the Shincheonji Church of Jesus (SCJ), apologizes. / Reuters On his knees and amid screams of insults and slogans demanding that he takes responsibility. Tha

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Fed's official says COVID-19 outbreak weighs on U.S. economic growth

The ongoing COVID-19 outbreak "will weigh on U.S. economic growth at least during the first half of this year, with a pullback in spending by households and businesses," a senior U.S. Federal Reserv