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Wang Yi: Internet is not a 'new battleground' for digital iron curtain

The core concept of the internet is openness, and the network is not a "new battleground" for the digital iron curtain, said Wang Yi, director of the Office of the Fore

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China slams U.S. approval of arms sale to Taiwan

China on Saturday expressed firm opposition to the U.S. State Department's approval of an arms sale to China's Taiwan region, and urged the U.S. to earnestly abide by t

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2 prosecutors leading Manhattan DA's Trump probe resign, leaving charges in doubt

Two prosecutors leading the criminal investigation into former President Donald Trump and his family real estate business have resigned, the Manhattan District Attorney

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Canva CEO Melanie Perkins will tell us about the journey to a $15B valuation at Disrupt

The design space has undergone major changes in the last decade. What once was dominated by a single player in Adobe has now become a burgeoning software landscape, with a handful of major players ans

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Zomato’s losses widen in first quarterly earnings since IPO

Zomato’s losses more than tripled in its first quarterly earnings report since its listing last month as the company’s expenses grew and the pandemic hit the firm’s dining-out business.The

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Cannabis giant Leafly is going public through a SPAC merger

Leafly is turning to a SPAC with Merdia Merger Corp. I to go public. The deal, valued at about $532 million and expected to generate proceeds of up to $161.5 million, i

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Microsoft in talks to back India’s Oyo

Indian budget hotel chain Oyo may have lost a significant portion of its business amid the pandemic, but it is inching closer to finding a new investor: Microsoft.Microsoft is in advanced stages of ta

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Duolingo’s IPO could cast golden halo on edtech startups

Edtech giant Duolingo set an initial price range for its impending IPO today. The unicorn expects to price in its public debut at $85 to $95 per share, selling 3,700,000 in the deal.Another 1,406,113

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Blackstone acquires majority stake in Simplilearn for $250 million

Blackstone is acquiring a majority stake in Bangalore and San Francisco-headquartered edtech startup Simplilearn for $250 million.Simplilearn operates an eponymous online bootcamp to help people learn

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Thales Alenia Space to develop pressurized modules for Axiom’s private space station

More details are beginning to emerge on Houston-based Axiom Space’s ambitious project to build and operate the world’s first commercial space station.Thales Alenia Space, a European aerospace manufact

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Gogo in-flight internet has been renamed Intelsat

The next time you’re on a plane, searching for a Wi-Fi connection while soaring thousands of feet above the ground, don’t look for the Gogo name. The longstanding standard of in-flight int

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Tiger Global in talks to back BharatPe at $2.5 billion valuation

Indian fintech startup BharatPe is in advanced stages of talks to raise about $250 million in a new financing round led by Tiger Global, two sources familiar with the matter told TechCrunch.The new ro

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Tata Digital to acquire majority stake in online pharmacy 1mg

Tata Digital, the subsidiary of Tata Sons, said on Thursday it is acquiring a majority stake in digital health startup 1mg, the latest in a series of investments as the salt-to-steel Indian conglomera

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Indian giant Tata Digital to invest $75 million in fitness startup CureFit

Tata Digital, a subsidiary of Indian conglomerate Tata Sons, said on Monday it has signed a deal to invest up to $75 million in fitness startup CureFit. As part of the deal, CureFit co-founder and chi

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Clubhouse to expand Android app worldwide in a week

Voice social network Clubhouse said on Sunday it will expand its Android app worldwide in a week, days after launching a beta version of its service on Google-owned mobile operating system for users i

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Chime has agreed to stop using the word “bank,” after a California regulator pushed back

Chime can apparently call itself the “fastest-growing fintech in the U.S.” but it has agreed to stop referring to itself as a “bank,” per a new report out of American Banker.Ev

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Brex raises $425M at a $7.4B valuation, as the corporate spend war rages on

Mere weeks after rival corporate spend startup Ramp announced that it raised a two-part round worth $115 million at a $1.6 billion valuation, this morning Brex disclosed a $425 million Series D led by