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Negotiatus, looking to help businesses optimize purchasing, raises $10 million

Negotiatus, a SaaS business meant to optimize and streamline the purchasing and procurement process for businesses, has today announced the close of a $10 million Series A round.The funding was led by

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SoftBank-backed Brandless shuts its doors for good

It was a roller coaster ride — a short one.Brandless, a San Francisco-based e-commerce company that made and sold an assortment of “cruelty-free” products in beauty and personal care

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WeWork plans to name real estate industry veteran Mathrani CEO

Softbank-backed office sharing firm WeWork plans to name real estate industry veteran Sandeep Mathrani as its new chief executive, people familiar with the matter said on Saturday.Sebastian Gunnin

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IPO pricing for One Medical and Casper will set the tone for 2020’s unicorn debuts

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.As One Medical looks to become the first venture-backed company to price its IPO i

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Layoffs reach 23andMe after hitting Mozilla and the Vision Fund portfolio

Layoffs in the technology and venture-backed worlds continued today, as 23andMe confirmed to CNBC that it laid off around 100 people, or about 14% of its formerly 700-person staff. The cuts would be n

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Trump, Greta and unicorns - What to watch for at Davos on Tuesday

The annual meeting of the World Economic Forum kicked off on Tuesday in the Swiss ski resort of Davos.Here’s what to watch for on the opening day:Trump: As the impeachm

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Don’t be a selfless startup

One of the enduring truths of big companies is that they aren’t innovative. They are “innovative” in the marketing sense, but fail to ever execute on new ideas, particularly when those ideas cannibali

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Tesla surges past $500 on back of analyst upgrade, China momentum

Today in regular trading, shares of American electric car manufacturer Tesla surged past the $500 mark.Tesla, perhaps the most famous electric vehicle company in the world, has had tumultuous last tw

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The WeWork effect: Disappointing IPOs put pressure on Wall Street

WeWork launched in 2010 quickly becoming a leader of shared work spaces for startups and freelancers.Since then, it's gone from startup darling to an imploding brand.CGTN's Karina Huber reports.