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What Square’s smashing earnings tell us about consumer bitcoin demand

Shares of Square are up more than 6% today after the American fintech company reported a staggering $5.06 billion in revenue in its Q1 2021 earnings report, far ahead of an expected tally of $3.36 bil

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China's service trade deficit continues to shrink in Q1

China recorded a service trade deficit of 66.69 billion yuan (about 10.3 billion U.S. dollars) in the first quarter of 2021, down by 74.7 percent from the same period a year ago, data from the Minist

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Why did Bill.com pay $2.5B for Divvy?

As expected, Bill.com is buying Divvy, the Utah-based corporate spend management startup that competes with Brex, Ramp and Airbase. The total purchase price of around $2.5 billion is substantially abo

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Online share of retail sales jumps to 19 percent amid lockdowns: UN

Online sales accounted for nearly a fifth of total retail turnover last year as lockdowns to combat the spread of the coronavirus pandemic fueled a boom in e-commerce, a United Nations study released

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Online share of retail sales jumps to 19 percent amid lockdowns: UN

Online sales accounted for nearly a fifth of total retail turnover last year as lockdowns to combat the spread of the coronavirus pandemic fueled a boom in e-commerce,

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Analytics as a service: Why more enterprises should consider outsourcing

With an increasing number of enterprise systems, growing teams, a rising proliferation of the web and multiple digital initiatives, companies of all sizes are creating loads of data every day. This da

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Smartphone shipments jumped 27% globally in Q1

More good news from a smartphone market currently rebounding from the far reaching impacts of the pandemic. New numbers from Canalys put global shipments for Q1 2021 at 27% above where they were the s

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Palace museum releases picture books on ancient Chinese architecture

China's Palace Museum has released a series of picture books for children, giving young readers a glimpse into ancient Chinese architecture.The four-volume series is a co-production of the Forbidd

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Apple introduces a colorful new iMac

After years of waiting, Apple has finally given the world a dramatic new iMac redesign, aimed at the company’s long-standing goal of “making the computer disappear.” That, of course,

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Goldman Sachs leads $23M in funding for Brazilian e-commerce startup Olist

Olist, a Brazilian e-commerce marketplace integrator, has raised $23 million in a Series D round extension led by new investor Goldman Sachs Asset Management that brings its total Series D financing t

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Sugar tax plummets sale of sweetened beverages in South Africa

A health tax imposed to curb rising cases of obesity, diabetes and related diseases by reducing consumption of sugary beverages and ultra-processed food has started showing positive results in Sou

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Global PC shipments up 55% in Q1 2021 due to 'unfulfilled demand'

Global shipments of PCs rise 55.2 percent in Q1 2021. /CFP Global shipments of traditional personal computers (PCs), including desktops, notebooks, and workstations, rose by 55.2 percent year

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SpaceX launches 60 more Starlink satellites, making 240 launched this month alone

SpaceX has added yet more Starlink satellites to its existing constellation on orbit, with a successful delivery of 60 spacecraft this morning from Cape Canaveral in Florida. The mission used a Falcon

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Stock trading app Freetrade raises $69 million

U.K. challenger stockbroker Freetrade has raised a $69 million Series B round led by Left Lane Capital. The growth fund of L Catterton and existing investor Draper Esprit also participated. Freetrade

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Biz leaders look to green transformation of economic development

A view of solar panels at a village in Huaian City, east China's Jiangsu Province, September 11, 2018. /CFPInternational cooperation and positive actions are advocated

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Vega raises $5M to give anyone the ability to launch a derivatives market

Vega, a startup that is building a decentralized protocol for creating and trading on derivatives markets, has raised $5 million in funding.Arrington Capital and Cumberland DRW co-led the round, which

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Relativity Space lands first Department of Defense launch contract

Relativity Space already has a significant volume of launch contracts on the books – more pre-sales for its Terran 1 rocket than any other launch vehicle in history, in fact, according to CEO and co-f