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Colombia’s Merqueo bags $50M to expand its online grocery delivery service across Latin America

Merqueo, which operates a full-stack, on-demand delivery service in Latin America, has landed $50 million in a Series C round of funding.IDC Ventures, Digital Bridge and IDB Invest co-led the round, w

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Suspect in Atlanta area spa shooting pleads guilty

01:39 The gunman who went on a killing spree at a series of spas in March has pleaded guilty to four counts of murder --- part of a plea deal negotiated by prosecutors.Robert Aaron Long

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Snapchat adds My Places feature to Snap Map, recommending spots to visit

As more people are venturing out into the world this summer (safely, we hope!), Snapchat wants to make it easier for people to find restaurants, stores, parks, and other interesting spots in their nei

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Study shows 60% of U.S. COVID-19 cases may have gone unreported

A COVID-19 testing site along a street in the Brooklyn borough of New York City, July 26, 2021. /CFP Researchers at the University of Washington estimate that approximately 60 percent of U.S.

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China’s regulatory crackdown is good news for startups aligned with CCP goals

Watching the Chinese technology sector over the last week has been a fascinating exercise. The Chinese government took on entire industries like edtech while also coming down on individual companies (

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Relief looks to negotiate on behalf of users struggling with debt

Jason Saltzman is a serial entrepreneur. He first cofounded SeamlessDocs and then went on to found The Alley, a coworking space based out of New York City. Following Alley’s joint venture partne

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Several high-profile websites including HSBC, Airbnb and British Airways hit by outages

The websites of several high-profile companies including HSBC, Airbnb and British Airways were hit by outages on Thursday.A message on the BA website read: "Service Unavailable - DNS failure. The ser

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Many U.S. sectors struggling to adjust to reopening: Fed's Kashkari

The Federal Reserve in Washington, United States. /CFP Minneapolis Federal Reserve President Neel Kashkari said many U.S. economic sectors faced rapidly rising prices and were struggling to ad

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Viktor Orban accuses EU of 'legalized hooliganism' over LGBT+ action

Viktor Orban and the European Commission's Ursula von der Leyen, pictured here in February 2020. /Reuters Hungary's Prime Minister Viktor Orban has accused the European Commission of "legalize

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Revolut’s 2020 financial performance explains its big new $33B valuation

News broke this morning that Revolut, a U.K.-based consumer fintech player, raised a Series E round of funding worth $800 million at a valuation of $33 billion. Those figures are breathtaking not only

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Scaling CockroachDB in the red ocean of relational databases

Most database startups avoid building relational databases, since that market is dominated by a few goliaths. Oracle, MySQL and Microsoft SQL Server have embedded themselves into the technical fabric

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Brazil's Bolsonaro, stabbed in 2018, may need emergency surgery

A presidential convoy with an ambulance transporting Brazil's President Jair Bolsonaro leaves the armed forces hospital (HFA) in Brasilia, Brazil, July 14, 2021. /Reuters Brazilian President J

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China approves Tencent's $3.5b deal to take Sogou private

China approves tech giant Tencent's plan to take Sogou private in a $3.5 billion deal. /CFPChina's market regulator on Monday unconditionally approved tech giant Tencen

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Apple introduces a $99 MagSafe Battery Pack for the iPhone 12

The addition of MagSafe to the iPhone 12 line introduced all manner of fun avenues for accessory makers, but there’s a strong case (so to speak) to be made that a snap on battery pack might be the mos

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Twitter appoints resident grievance officer in India to comply with new internet rules

Twitter has appointed a resident grievance officer in India days after the American social media firm said to have lost the liability protection on user-generated content in the South Asian nation ove

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The Art of the Party: Battle of Pingxing Pass

01:45 This woodcut print, “Battle of Pingxing Pass,” was created by Chinese artist Jiang Feng in 1938.It depicts the first major victory for the Communist army in its f

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India’s IT and Broadcasting ministers resign

India’s IT minister Ravi Shankar Prasad and information and broadcasting minister Prakash Javadekar resigned from their roles on Wednesday, adding to the list of high-profile politicians who have vaca