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B2B marketing company Metadata.io raises $6.5M

Metadata.io announced today that it has raised $6.5 million in Series A funding.It’s been more than four years since I wrote about the startup’s $2 million seed funding. At the time, co-fo

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Zymergen raised $300 million because synthetic biology is so hot right now

Zymergen, one of the companies that’s developing biomanufacturing technologies which could reshape any number of industries, said it has raised $300 million in financing yesterday.It’s pa

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TikTok joins Europe’s code on tackling hate speech

TikTok, the popular short video sharing app, has joined the European Union’s Code of Conduct on Countering Illegal Hate Speech.In a statement on joining the code, TikTok’s head of trust a

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PandaDoc employees arrested in Belarus after founders protest against Lukashenko regime

Yesterday the four employees (pictured) of US-headquartered enterprise startup PandaDoc were arrested in Minsk by the Belarus police, in what appears to be an act of state-led retaliation, after the c

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DoD reaffirms Microsoft has won JEDI cloud contract, but Amazon legal complaints still pending

We have seen a lot of action this week as the DoD tries to finally determine the final winner of the $10 billion, decade long DoD JEDI cloud contract. Today, the DoD released a statement that after re

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Stocks are selling off again, and SaaS shares are taking the biggest lumps

It was just days ago that cries of “stocks only go up,” and “no it makes sense that Tesla is going up because it split” and other bits of unironic stupidity were the only thing

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Merkel Reiterates That Berlin's Reaction to Navalny Case 'Depends on Russia'

German Chancellor Angela Merkel reaffirmed Thursday that her government's reaction to the Navalny case, including possible sanctions, will depend on Russia's reaction t

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Oracle loses $10B JEDI cloud contract appeal yet again

Oracle was never fond of the JEDI cloud contract process, that massive $10 billion, decade-long Department of Defense cloud contract that went to a single vendor. It was forever arguing to anyone who

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Twitter and Facebook wrestle with Trump telling Americans to vote twice

President Trump’s recent suggestion that North Carolina voters should cast multiple ballots has run afoul of Twitter’s election integrity rules. In a series of tweets Thursday morning, th

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What happens when public SaaS companies don’t meet heightened investor expectations?

Late last week we discussed how, this deep into the earnings cycle, it appeared that public SaaS and cloud companies had largely made it through the Q2 gauntlet unscathed. Sure, through last week ther

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Global Business Daily: Australian recession, Swiss trouble

"An awful and heart-breaking blow to Australians and their families."That's the straightforward way Australian Prime Minister Scott Morrison addressed the country's first recession since 1990 and its

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Iran hails support for nuclear deal against US

Iran's President Hassan Rouhani on Wednesday hailed the show of unity by parties to a 2015 nuclear deal, after they defeated US efforts to restore international sanctio

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Samsung’s got a new budget 5G handset and a fitness tracker with a two-week battery

Yesterday’s overflow Galaxy Unpacked event was about one thing and one thing alone: the Galaxy Z Fold 2. Honestly, it was a bit anticlimactic after its predecessor found Samsung unveiling five new dev

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The IPO parade continues as Wish files, Bumble targets an eventual debut

Last Monday will go down in the books as a historic day for unicorn liquidity, as company after company dropped their IPO filings onto the internet for the world to read. It was great.But this week is

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What will a Wish IPO look like? Seems we’ll find out sooner than later

Wish, the San Francisco-based, 750-person e-commerce app that sells deeply discounted goods that you definitely don’t need but might buy anyway when priced so low — think pool floaties, gu

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Russia cases top 1m, Ireland's measures 'working': COVID-19 bulletin

TOP HEADLINES•Russia's total number of coronavirus cases passed the one million mark on Tuesday, with 4,729 new infections taking the tally to 1,000,048. Russia's coronavirus crisis center said 123 n

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OfferUp and letgo combine marketplaces, post-acquisition

Earlier this year, online marketplace OfferUp raised $120 million and acquired a top competitor, letgo as a part of the fundraise led by letgo’s majority investor, OLX Group. As a part of the deal, Of