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Apple releases torrent of updates, and Wall Street yawns

Today’s WWDC keynote from Apple covered a huge range of updates. From a new macOS to a refreshed watchOS to a new iOS, better privacy controls, FaceTime updates, and even iCloud+, there was some

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Analysis: Will massive U.S. stimulus trigger inflation in China?

02:13 With the latest $1.9 trillion COVID-19 relief bill signed into law, the U.S. government spending has topped $5 trillion since the health crisis began last year. That was a quarte

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Bitcoin is rallying

Just in case you hadn’t heard, or are annoyed that folks aren’t writing about it: Bitcoin is rallying, up around 16% in the last week to a value of a little more than $18,000 as of this m

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Apple’s stock dips and Verizon’s recovers during iPhone event

Earlier today Apple announced a slew of new hardware. In case you’ve not yet caught up, there’s a $99 HomePod Mini coming, new iPhones, a new method for shouting at your electronics, the r

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Venture capital gets less diverse in 2020

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. You

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YCharts sells to PE firm in all-cash transaction as it looks to pass $15M ARR this year

This morning, YCharts, a financial data and charting service, announced that it has been purchased by LLR Partners, a private equity firm.The companies are dubbing the transaction a “growth reca

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Tesla shares rally for no reason

Tesla shares surpassed $1,800 for the first time today, the latest in an eye-popping run up of the stock that has propelled the company’s valuation to more than $341 billion.Let’s put thes

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Why aren’t Rackspace and BigCommerce worth more?

This week has brought with it two tasty pieces of IPO news — Rackspace’s return to the public markets and BigCommerce’s debut will be far more interesting now that we know what a first-dra

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Treasury Prime raises $9M to bring its banking APIs to market

Treasury Prime, a startup that built software tooling to help banks automate and accelerate routine tasks, announced today that it has closed a $9 million Series A. The new capital was sourced from Am

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SaaS stocks drop over 8%, reaching bear-market territory

Today was an awful day for the stock market, with global and domestic equities falling sharply as the world digested a collapse in oil prices, and yet another weekend of the spread of COVID-19. All ma

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What is going on with Tesla?

Shares of American electric car company Tesla are sharply higher again this morning, adding $122.40 (or 15.69 percent ) to their value before regular trading today. The gains come after Tesla has rap