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Magma Partners scores $50M to build the a16z of Latin America

Magma Partners has more than doubled the size of its investable capital with the close of its latest $50 million fund. The Santiago, Chile-based venture firm founded in 2013 had secured $21 million th

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LG’s latest has an optional second screen and a headphone jack

One thing you can say for sure about 2020’s smartphone landscape: There’s no shortage of options. Sales have taken a dip in the last few years, causing a number of manufactures to get creative with th

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New York’s BounceX reaches $100M ARR, rebrands

Welcome to the $100 million ARR club, BounceX.This morning (evening, timezone depending), BounceX, a New York-based marketing technology startup, announced that it has reached the $100 million annual

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Stonly grabs $3.5 million to make customer support more interactive

Stonly is building a service for customer support teams so that they can share step-by-step guides to solve the most common issues. The startup just raised a $3.5 million funding round led by Accel wi

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British food critic backs local Chinese community, opposes racism over coronavirus

A British writer and food critic on Sunday expressed his solidarity with the local Chinese community, dismissing racial discrimination linked to coronavirus. Jay Rayner, a journalist, writer and res

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VC firm Oxx says SaaS startups should avoid high-risk growth models

Oxx, a European venture capital firm co-founded by Richard Anton and Mikael Johnsson, this month announced the closing of its debut fund of $133 million to back “Europe’s most promising SaaS companies

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Reporters ask for WSJ apology over racist headline

"It is about the mistaken choice of a headline that was deeply offensive to many people, not just in China," 53 members of the Wall Street Journal's China staff and colleagues involved said in an

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Feature: Chinese consulate general joins Auckland girls in singing for Wuhan

Chinese Consulate General in Auckland Ruan Ping joined Auckland girls in singing for Wuhan on Monday. The song, titled "Together with You" is aimed to lift the spirits

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DSP Concepts raises $14.5M for its Audio Weaver platform

DSP Concepts — a startup whose Audio Weaver software is used by companies as varied as Tesla, Porsche, GoPro and Braun Audio — is announcing that it has raised $14.5 million in Series B funding.The st

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China, Laos pledge to further develop bilateral ties to score greater achievements

China and Laos have pledged to work together to further develop the bilateral relations in a bid to score greater achievements. The pledge was made during a meeting be

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Founders Fund confirms $3 billion in new capital across two funds

Founders Fund, the investment firm led by its controversial co-founder Peter Thiel and partners Keith Rabois and Brian Singerman, has closed on $3 billion in new capital across two investment funds, T

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Italian students write Chinese slogans to support anti-epidemic fight

'Isolate the virus but not love', a handwritten slogan by Italian students in Chinese, shows their solidairty with China in the fight against the #coronavirus outbreak

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Bolton issues plea that his new book isn't 'suppressed' by White House

Former U.S. National Security Adviser John Bolton, abruptly fired by President Donald Trump last September due to disagreements over foreign policies, said on Monday that he was now fighting "censors

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The UEFA Champions League returns with a night of heroes and villains

Round 16 of the 2019/20 Champions League season kicks off on February 19 with two intense clashes. At the Westfalenstadion in Germany, the nouveau riche of Ligue 1, Paris Saint-Germain (PSG), will fa

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HSBC to shed assets worth $100 bln, slash 35,000 jobs

HSBC Holdings said on Tuesday it would shed 100 billion U.S. dollars in assets, slashing the size of its investment bank and revamping its U.S. and European businesses - in a drastic overhaul that

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Feature: In Wuhan, heroes deserve a decent cup of coffee

On a quiet, deserted street in Wuhan, a cafe is filled with the mixed smells of coffee beans, disinfectant and medical alcohol. While most businesses remain shuttered i

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Astronomers warn of ‘worrisome’ light pollution from satellite constellations

The International Astronomical Union has issued the preliminary results from a study on the potential effects of multi-thousand satellite constellations like that being built by StarLink. Finding that