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Goldman Sachs’s CEO just called WeWork’s pulled IPO — which Goldman was underwriting — proof that the market works

It’s hard to put a positive spin on terrible situation, but that didn’t stop Goldman Sachs CEO David Solomon earlier today. Asked during a session at the World Economic Forum in Davos abo

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Canonical’s Anbox Cloud puts Android in the cloud

Canonical, the company behind the popular Ubuntu Linux distribution, today announced the launch of Anbox Cloud, a new platform that allows enterprises to run Android in the cloud.On Anbox Cloud, And

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Snyk snags $150M investment as its valuation surpasses $1B

Snyk, the company that wants to help developers secure their code in a modern context, announced a $150 million investment today. The company indicated the investment brings the company valuation to o

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African fintech firm Flutterwave raises $35M, partners with Worldpay

San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa.With the funding, Flutterwave wi

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Over 30,000 homes without power after wild thunderstorms lash Australia's east coast

SYDNEY, Jan. 21 (Xinhua) -- A mammoth clean-up has been underway since Tuesday after freak thunderstorms lashed Australia's east overnight, leaving around 30,000 homes without power. Rolling through

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Man United goalkeeper Romero unhurt after crashing Lamborghini

Manchester United's Argentine goalkeeper Sergio Romero escaped unhurt after crashing his Lamborghini on his way to training on Monday, a club source told AFP.32-year-old Romero was seen in images

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First-ever UK-Africa investment summit held amid Brexit challenges

British Prime Minister Boris Johnson hosted Monday the first ever UK-Africa Investment Summit here as part of the government's efforts to tackle challenges as Britain is set to depart from the Europe

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Pompeo Demands End to Maduro’s ‘Tyranny’ as Guiado Leaves Venezuela for Trip to Colombia, Davos

The long-running Venezuelan political crisis began last January, when opposition lawmaker Juan Guiado proclaimed himself the country’s ‘interim president’, but has fail

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The marketplace of ideas is a weapons market now

The most interesting thing I saw online this week was Venkatesh Rao’s “Internet of Beefs” essay. I don’t agree with all of it. I’m not even sure I agree with most of it.

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World's richest 1% has twice the wealth of the rest of humanity: Oxfam

The world's richest one percent have more than twice as much wealth as 6.9 billion people, according to Oxfam, underlining that "economic inequality is out of control." In a new report called "Tim

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Google takes on AWS and Azure in India with Airtel cloud deal

Google has inked a deal with India’s third-largest telecom operator as the American giant looks to grow its cloud customer base in the key overseas market that is increasingly emerging as a new cloud

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Billionaires richer than 60 percent of the world's population: Oxfam

The world's billionaires have doubled in the past decade and are richer than 60 percent of the global population, the charity Oxfam said Monday.It said poor women and g

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Economic Watch: A new epic -- Chinese economy in 2020s

BEIJING, Jan. 19 (Xinhua) -- With the arrival of a new decade, one predictable thing about China in the 2020s is that it is shifting into a higher-quality economy that is more open and abounds with n

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Catalyst Fund gets $15M from JP Morgan, UK Aid to back 30 EM fintech startups

The Catalyst Fund has gained $15 million in new support from JP Morgan and UK Aid and will back 30 fintech startups in Africa, Asia, and Latin America over the next three years.The Boston based accele

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England in South Africa: Joe Root takes four wickets in Port Elizabeth

Captain Joe Root took four wickets to push England closer to victory on the fourth day of the third Test against South Africa in Port Elizabeth.Root's best figures in T

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England in South Africa: Joe Root takes four wickets in Port Elizabeth

Captain Joe Root took four wickets to push England closer to victory on the fourth day of the third Test against South Africa in Port Elizabeth.Root's best figures in T

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France announces 4 bln euros' foreign investment ahead of forum

France announced Sunday nearly 4 billion euros (4.4 billion U.S. dollars) of foreign investment was coming into the country, as President Emmanuel Macron prepared to host a major business forum.Se