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Warning issued over financial sector's reliance on cloud computing

Providers such as Amazon and Microsoft dominate large swathes of the cloud data market.

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Nasir Qadree just announced one the largest debut funds for a solo VC

Nasir Qadree entered the world of venture capital six years ago, beginning with a role at Village Capital in Washington, then as an associate director of social investments at ATT.Qadree encountered e

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Lychee farming promotes people's livelihoods in Guangdong

03:02 With a striking red abundance on branches with a soothing scent, lychee, the popular Chinese fruit, has come to its harvest season in the southeastern city of Gua

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Achieving digital transformation through RPA and process mining

Understanding what you will change is most important to achieve a long-lasting and successful robotic process automation transformation. There are three pillars that will be most impacted by the chang

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Fed keen to be 'well positioned' to act on inflation, other risks, minutes show

Federal Reserve officials last month felt substantial further progress on the U.S. economic recovery "was generally seen as not having yet been met," but agreed they sh

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Corporate net debt seen rising as companies spend pandemic cash piles

Global corporates' net debt will increase by as much as $600 billion this year as they start to spend some of the cash piles accumulated during the pandemic, a study by

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Box takes fight with activist investor public in SEC filing

The war between Box’s current leadership and activist shareholder Starboard took a new turn today with a detailed timeline outlining the two groups’ relationship, thanks to an SEC filing and companion

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Nobody wins as DoD finally pulls the plug on controversial $10B JEDI contract

After several years of fighting and jockeying for position by the biggest cloud infrastructure companies in the world, the Pentagon finally pulled the plug on the controversial winner-take-all $10 bil

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Nansen raises $12M from a16z to help investors make sense of crypto markets

While the ambitions of crypto investors have swelled even faster than the market has in recent months, institutional players have had a mountain of blockchain data to try to make sense of without part

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U.S. stocks strike new highs, Europe sinks

U.S. stocks hit new highs on Monday although elsewhere there was little steam left in last week's rally spurred by easing concerns over inflation. After another record

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Circle wants to help companies access DeFi lending markets with new API

Cryptocurrency company Circle has announced that it plans to launch a new API for companies using Circle accounts to manage crypto assets — and in particular USDC stablecoins. The new API will let com

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Chinese scientists 'reinvent' potatoes to solve global food crisis

03:37 Chinese scientists have developed a generation of "pure and fertile potato lines" with genome editing technologies in a groundbreaking achievement.The experiment,

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Putin Says NATO Keeps Building Up Military Near Russia's Borders and Continues to Reject Dialogue

Russia is concerned about the build-up of NATO's military infrastructure near its borders, as well as the fact that the alliance is reluctant to constructively consider

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In its first funding in 7 years, profitable fintech Lower raises $100M Series A led by Accel

Lower, an Ohio-based home finance platform, announced today it has raised $100 million in a Series A funding round led by Accel.This round is notable for a number of reasons. First off, it’s a large S

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Canoo wants to connect owners to all of their vehicles — not just Canoo’s

Electric vehicle startup Canoo detailed some of the features that may be on its app on Thursday, foremost of which is a one-stop shop functionality that customers could use for their Canoo vehicles —

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Hydrosat raises $5M seed round to deliver ground temperature data to customers

A lot of information can be gleaned about a surface area just by taking the ground temperature data. If a crop field is under stress, for example, the ground temperature will be elevated long before t

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Wall Street closes lower as Fed officials project rate hikes for 2023

Traders work on the floor of the New York Stock Exchange, May 18, 2021. /CFP The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investo