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Luckin Coffee’s board initiates investigation into $300M potential fraud

China-based Luckin Coffee, the fastest growing growing coffee brand in the world, has dazzled VCs, public market investors and frankly us over the years with its dizzyingly high growth, expanding fro

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WTF is the denominator effect?

The last few weeks have just been dreadful for asset managers. Not only have the markets tanked the past few weeks (if slightly recovered from their lows since the signing of the U.S. stimulus bill),

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Pistons Christian Wood tests negative, 'fully recovers' from COVID-19

Christian Wood #35 of the Detroit Pistons dunks in the game against he New York Knicks at the Madison Square Garden in New York City, New York, March 8, 2020. /VCG Fans of the NBA's Detroit Pi

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As coronavirus cases increase, Defense Secretary Mark Esper places new restriction on Pentagon

Defense Secretary Mark Esper said Monday he is again raising the protection condition on the Pentagon, which will further restrict access to one of the world’s largest

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Another seven from NBA test positive for COVID-19

The NBA just had another bad day because of the COVID-19 pandemic. Seven players and organization members from four teams – the Los Angeles Lakers, the Boston Celtics, the Philadelphia 76ers, the

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International narrative on China's COVID-19 response might be shifting

Editor's note:CGTN's First Voice provides instant commentary on breaking stories. The daily column clarifies emerging issues and better defines the news agenda, offering a Chinese perspective on t

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Slack shares plummet 20% after its growth forecast fails to excite investors

Today after the bell, Slack, a popular workplace communication product, reported its FQ4 2020 earnings, the three-month period ending January 31 2020. The company’s results came in ahead of exp

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Tree planting search engine Ecosia is getting a visibility boost in Chrome

Ecosia, a not-for-profit search engine which uses ad generated revenue to fund planting trees, is set to get a visibility boost in Chrome. A change Google is making to its chromium engine will see it

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Yahoo Mobile is a $39.99 unlimited phone and data plan

As a cell phone plan, Yahoo Mobile seems pretty straightforward — there’s just one pricing tier, where you pay $39.99 per month for unlimited calls, data and mobile hotspot usage.But you may be

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Despite earnings beat and upbeat forecast, Zoom shares fall after reporting Q4 results

Today after the bell, Zoom reported its Q4 earnings. The company’s recorded revenue of $188.3 million and its adjusted per-share profit of $0.15 were ahead of expectations, including $176.55 mil

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SendBird’s messaging platform gets new moderation tools, full-text search and more

SendBird is announcing a major update to its chat API for web and mobile today. With this, SendBird is adding numerous new features to its service that will make it easier for its customers to modera

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Michelle Obama petitioned to run as vice-president to stop Bernie Sanders, report says

Fearing the selection of Bernie Sanders as the Democrats’ 2020 presidential nominee, a growing number of establishment party officials are reportedly considering Sherro

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SaaS earnings bump Dropbox, Box and Sprout Social

A quick hit as we have a podcast to record, but a few public companies in the broader SaaS market reported earnings in the past week. Their results are worth unpacking as they paint a good picture of

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Founders Factory backs Creator Fund, student-led VC to back EU student startups

It seems like everyone wants student entrepreneurs. Entrepreneur First makes startups out of raw student material, for instance. Most countries want high-skilled students to stick around and make new

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Rallyhood exposed a decade of users’ private data

Rallyhood says it’s “private and secure.” But for some time, it wasn’t.The social network designed to help groups communicate and coordinate left one of its cloud storage bucke

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VCs to antitrust officials: We’d rather take our chances than see tech regulated

Last week at Stanford, antitrust officials from the U.S. Department of Justice organized a day-long conference that engaged numerous venture capitalists in conversations about big tech. The DOJ wanted

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Prince Harry and Meghan Markle reportedly laid off staff and closed their Buckingham Palace office

Prince Harry and Meghan Markle laid off their staff and closed their Buckingham Palace office, the Daily Mail reported.Most of the 15 staff members in their Buckingham