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Global Business Daily: EU funds, U.S. Greenland row, COVID-19 tracker

"It must be possible to do things quickly in a crisis situation and then, of course, conduct a refinancing in the years after."German Finance Minister Olaf Scholz was speaking to a TV station in his

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SoftBank-backed Oyo cuts salaries, furloughs employees

Oyo is furloughing more employees globally and levying a 25% pay cut across the board through July this year as the Indian budget lodging startup looks to reduce its expenses to deal with the coronavi

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EU privacy body urges anonymization of location data for COVID-19 tracking

The European Data Protection Board (EDPB) has published guidance for the use of location data and contacts tracing tools intended to mitigate the impact of the COVID-19 pandemic.Europe’s data pr

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The Air Force wants you to hack its satellite in orbit. Yes, really

When the Air Force asked hackers to break into a F-15 fighter jet at last year’s Def Con security conference, the results were both eye-opening and eye-watering.It was the first time hackers wer

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Whatever happened to 'give me your tired and your huddled masses'?

Editor's note: Andrew Korybko is a Moscow-based American political analyst. The article reflects the author's opinion, and not necessarily the views of CGTN.Trump's surprise tweet on Monday night

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The Dipp, a subscription-only entertainment news startup, is springing to life despite the pandemic

There is no shortage of coverage about the sprawling entertainment industry. There is a shortage of coverage for die-hard fans of reality TV shows, according to Kate Ward and Lindsay Mannering.That op

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Pulumi brings support for more languages to its infrastructure-as-code platform

Seattle-based Pulumi has quickly made a name for itself as a modern platform that lets developers specify their infrastructure through writing code in their preferred programming language — and

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Houzz lays off 155 employees, cuts executive salaries

Houzz, an online platform for home renovation and design, has laid off 155 employees, roughly 10 percent of its staff, per an internal memo obtained by TechCrunch. Executive salaries also took a cut.T

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Dear Sophie: How can we support our immigrant colleagues during layoffs?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies.“Your questions are vital to the spread of knowledge t

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8 top fintech VCs discuss COVID-19 trends, signals and opportunities

In recent years, fintech’s revolution has felt like a rising tide.Behemoths like Stripe and Square edged out banks while newbies like Brex nonchalantly raised nine-figure rounds. Today, however, the s

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Feature: Pakistani students recall life in Wuhan's lockdown

Calling Wuhan their "second home," many Pakistani students answered their government's call to stay in the central Chinese city during the 76-day lockdown, volunteerin

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Instagram founders launch COVID-19 spread tracker Rt.live

Instagram founders Kevin Systrom and Mike Krieger have teamed up to launch their first product together since leaving the Facebook mothership. Rt.live is an up-to-date tracker of how fast COVID-19 is

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Trump’s hype for state lockdown protests puts Twitter and Facebook’s new COVID-19 policies to the test

A new flurry of tweets from President Trump is pushing the limits of social platform policies designed explicitly to keep users safe from the spread of the novel coronavirus, both online and off.In a

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EU lawmakers set out guidance for coronavirus contacts tracing apps

The European Commission has published detailed guidance for Member States on developing coronavirus contacts tracing and warning apps.The toolbox, which has been developed by the e-Health Network wit

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Clearbanc cuts staff to navigate ‘long-term economic impacts’ of COVID-19

Clearbanc, a Toronto-based company that funds startups through equity-free investments, has laid off 17 employees to help it navigate the long-term economic impact of COVID-19, TechCrunch has learned

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More than 10% of US carrier's crew test positive for coronavirus

USS Theodore Roosevelt, July 15, 2005. /AP More than 10 percent of the 4,800 crew of the USS Theodore Roosevelt aircraft carrier have tested positive for the coronavirus, the Navy said Saturda

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Fauci says ‘rolling reentry’ of US economy possible in May

New cases of the coronavirus are certain to arise when restrictions imposed to limit the spread of the virus are eased, said Dr. Anthony Fauci, the top infectious disea