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What's the State of the Union?

02:20 The U.S. State of the Union address takes place in Washington on Tuesday.President Donald Trump delivers his speech at the Capitol – in what will be a historic address.One politi

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Lesotho PM's wife Maesaiah Thabane faces murder charge

Lesotho's first lady, Maesaiah Thabane./Picture courtesy of social media The wife of the prime minister of Lesotho is due to be charged with killing his previous wife.Earlier First Lady Maesai

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Global Business Daily: Alphabet and BP's mixed fortunes

"We are confident in the resilience of China's economy."That was the message from Kristalina Georgieva, managing director of the IMF, who today sent her support to China and praised its response to t

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Layoffs hit another Softbank co as $3.2B Flexport cuts 50

Fearing weak fundraising options in the wake of the WeWork implosion, late stage startups are tightening their belts. The latest is another Softbank-funded company, joining Zume Pizza (80% of staff la

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Buttigieg takes lead in Iowa caucuses, Sanders second

Democratic White House candidate Pete Buttigieg seized a shock lead in the chaotic Iowa caucuses, closely trailed by leftist senator Bernie Sanders, according to partia

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As a top manager leaves amid fundraising woes, SoftBank’s vision looks dimmer — and schadenfreude abounds

Every once in a while, an organization implodes so fantastically that it’s hard in retrospect to understand why another outcome once seemed possible. With every passing day, SoftBank — w

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UN chief highlights exacerbating climate crisis, citing huge jump in ocean heat

UN Secretary-General Antonio Guterres on Tuesday highlighted the exacerbating climate crisis during his New Year press conference, citing recent studies including one that reveals a huge jump in oce

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After closing its $2.2 billion latest tech fund, KKR adds top Cisco exec to its leadership team

KKR, the multibillion dollar multistrategy investment firm, is beefing up its technology practice with the appointment of Rob Salvagno as a co-head of its technology growth equity business in the U.S.

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Snapchat hits 218M users but big Q4 losses sink share price

Snapchat still isn’t profitable nearly two years after its IPO. In Q4 2019, Snap lost $241 million on 560.8 million in revenue that’s up 44% year-over-year and an EPS of $0.03. That comes

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Here’s why so many fintech startups are loaning to small businesses

Everyone wants to lend to small businesses, as the fintech boom continues to bring constituent players closer together in feature-terms. Thinking broadly, the rising focus on small-business lending am

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Disney+ already has 26.5M subscribers

The Walt Disney Company just announced that its streaming service Disney+ has 26.5 million paying subscribers — ahead of the already-impressive 25 million predicted by Wall Street analysts.Disney+ lau

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Real estate startup Homie plans to expand to more cities with $23 million in Series B funding

Homie has made an impression among younger, first-time home buyers in the Utah and Arizona markets for cutting out the traditional closing costs, 6% real estate commissions and arduous paperwork assoc

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Ancestry.com rejected a police warrant to access user DNA records on a technicality

DNA profiling company Ancestry.com has narrowly avoided complying with a search warrant in Pennsylvania after a search warrant was rejected on technical grounds, a move that is likely to help law enfo

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Shopping via smart speakers is not taking off, report suggests

U.S. consumers aren’t adopting voice-based shopping as quickly as expected, according to a new report today from eMarketer. While consumers have been happy to bring smart speakers into their hom

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Google’s Glass dreams live on with the arrival of enterprise hardware

Google Glass was ahead of its time. That’s not to say that the people who wore it out in public didn’t look like giant dorks, of course, but in hindsight it seems safe to say that the world just wasn’

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Koch Industries acquires Infor in deal pegged at nearly $13B

Infor announced today that Koch Industries has bought the company in a deal sources peg at close to $13 billion.Infor, which makes large-scale cloud ERP software, has been around since 2002 and count

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Chargebee offers free subscription billing to Extra Crunch members for up to $100K in revenue

Extra Crunch is excited to announce a new community perk from automated subscription billing startup Chargebee. Starting today, annual and two-year members of Extra Crunch can receive free subscriptio