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Facebook is buying the developer behind VR shooter ‘Onward’

After a steady stream of studio acquisitions in late 2019 and early 2020, Facebook has been a little quieter in recent months when its come to bulking up their VR content arm.Today, the social media g

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Vivid Money raises $73 million to build a European financial super app

German startup Vivid Money has raised a new $73 million Series B funding round (€60 million) led by Greenoaks with existing investor Ribbit Capital also participating. Following today’s funding round,

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Developing Asia's economy growth forecast to 7.3%: ADB report

The Asian Development Bank (ADB) on Wednesday projected a growth of 7.3 percent on gross domestic product (GDP) for developing Asia this year, according to the Asian Development Outlook (ADO) 2021.

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Learn how to create an effective earned media strategy with Rebecca Reeve Henderson at TC Early Stage 2021

TechCrunch’s Early Stage 2021 is back for part two of our bootcamp-for-entrepreneurs event, with a focus on marketing and fundraising. Building on the first half of the event in April, this two-

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Wang Yi urges against unilateralism in COVID-19 conference

Chinese State Councilor and Foreign MinisterWang Yi on Tuesday urged against unilateralism, protectionism, and bullying in a virtual meeting on the fight against the COVID-19 with foreign ministers f

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China says open to India, others to join COVID-19 conference

China is open to participation by India and other South Asian countries in a virtual conference on fighting COVID-19, Chinese Foreign Ministry spokesperson Wang Wenbin said on Tuesday.The foreign min

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#BizBeat Ep.110: Can America's emissions reduction target be achieved?

03:25 During the virtual Leaders Summit on Climate, the Biden administration promised to reduce U.S. greenhouse gas emissions by 50%-52% by 2030 compared to 2005. But can this target be

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Two investors weigh in: is your SPAC just a PIPE dream?

This past year has brought many new developments to a historically traditional process: taking a company public. Many of the standard levers in an initial public offering (IPO) are being redefined as

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De-coupling from China would be the wrong way to go, Germany warns

The European Union needs to engage with China despite many differences instead of opting for a more isolationist approach, Germany said on Wednesday."In the EU, we have been describing China as a par

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Chinese President Xi Jinping to attend climate summit via video link

Chinese President Xi Jinping will attend a virtual summit on climate change on Thursday at the invitation of his U.S. counterpart Joe Biden, Chinese Foreign Ministry sp

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‘Bowl food’ startup Poke House closes $24M Series B led by Eulero Capital to expand in Europe

The FoodTech industry is effectively now going into fast food. Sweetgreen in the US is a ‘fast-casual’ restaurant chain that serves healthy “bowl food”. It’s raised $478.6M. A similar firm

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Payhawk raises $20 million to unify corporate cards, payments and expenses

Fintech startup Payhawk has raised a $20 million funding round. QED Investors is leading the round with existing investor Earlybird Digital East also participating. Payhawk is building a unified syste

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Kenya calls for enhanced conflict resolution efforts in Africa

Kenyan President Uhuru Kenyatta. /VCG Kenyan President Uhuru Kenyatta on Monday decried the rising number of conflicts in Africa and called for enhanced conflict resolution efforts on the cont

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China, U.S. vow joint efforts to implement Paris Agreement

The United States and China are committed to cooperating with each other and with other countries to tackle the climate crisis, according to a joint statement issued on

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PBOC: No specific schedule for full implementation of digital currency

China has no specific schedule for the full implementation of its digital currency across the country, a high-ranking central bank official said on Sunday.The second-largest economy has moved quic

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China, Germany, France have more to cooperate on climate change

02:04 Climate change is an important area of China's international cooperation. Chinese President Xi Jinping attended a virtual summit on climate change on Friday with French President

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Nigeria pledges to strengthen support for Lake Chad region projects

Boko Haram's violent activities in Nigeria, Cameroon, Chad and Niger has created a humanitarian crisis, increasing the number of internally displaced persons and refugees within the Lake Chad reg