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Judge halts Microsoft work on JEDI contract after AWS request

A sealed order from a judge today has halted the $10 billion, decade long JEDI project in its tracks until AWS’s protest of the contract award to Microsoft can be heard by the court.The order s

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Eight Sleep CEO says his startup is more than a mattress company

Matteo Franceschetti, CEO of Eight Sleep, would prefer that you don’t call his startup a mattress company.Eight Sleep does sell mattresses, albeit smart ones packed with sensors and temperature

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Roundup: 465 petroleum companies participate in Egypt Petroleum Show "EGYPS 2020"

CAIRO, Feb. 11 (Xinhua) -- The fourth edition of the Egypt Petroleum Show "EGYPS 2020" kicked off on Tuesday in Cairo, with the participation of some 465 petroleum companies. Egyptian President Abdel

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Israel bans export of Palestinian agricultural products abroad: Palestinian officials

Israel banned the export of Palestinian agricultural products from the West Bank and Gaza to the world, Palestinian officials said on Friday. The Palestinian Authority Ministry of National Economy sa

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China's gold reserves at 62.64 mln ounces by end-January

China's gold reserves stood at 62.64 million ounces at the end of January 2020, unchanged from that at the end of December 2019, central bank data showed Friday. Total

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In a gloomy portent for 2020 debuts, Casper lowers its IPO price range

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Casper, the well-known D2C mattress company, has lowered its IPO price range in a

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LA-based Retina raises $2.5 million in new funding to expand its customer analysis software

Casting a cold eye on customer behavior and their future lifetime value has brought the Los Angeles-based startup Retina $2.5 million in new funding.The new financing was anchored by previous seed rou

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China launches research on combination of TCM, Western medicine in treating coronavirus patients

China on Monday launched a research program to evaluate the clinical value of traditional Chinese medicine (TCM) combined with Western medicine in the prevention and t

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Over 900 ancient items discovered in China Buddhist temple site

Chinese archeologists in southwest China's Chongqing Municipality have unearthed more than 900 pieces of cultural relics in a local stone Buddhist temple. According to

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First thoughts on One Medical’s IPO pricing

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Today we’re digging into One Medical’s IPO pricing, especially as it

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Amazon surge as sales beat targets and Prime membership soars

The online retail giant saw sales over the last quarter climb by $10bn on the year before in North America alone.

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ManoMano raises $139 million for its home improvement e-commerce platform

French startup ManoMano is raising another mega round of funding. The company operates an e-commerce website for DIY, home improvement and gardening products. This time, ManoMano is raising $139 mill

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One Medical targets IPO valuation of up to $2B as we unpack its Q4 results

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Today we’re digging into One Medical’s updated IPO filing released thi

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Metro do Porto signs contract with China's CRRC Tangshan Co.Ltd. for new trains

Metro do Porto on Tuesday signed a contract for the acquisition of 18 light rail vehicles from China's CRRC Tangshan Co. Ltd., with the maintenance for five years. The total value of the contract re

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China contributes to sustainable global development, says Chinese vice premier

Chinese Vice Premier Han Zheng said here on Tuesday that China is a beneficiary of economic globalization, and more importantly, a contributor to sustainable global development. Han, also a member of

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Personio, the German HR platform for SMEs, raises $75M Series C at a $500M valuation

Personio, the Germany-founded HR platform for SMEs, has raised $75 million in Series C funding in a round led by Accel. I understand the investment values the company at around $500 million.Also joini

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China cuts energy costs by $22 bln in 2019

China stepped up efforts to cut energy, logistics and administrative costs for enterprises in 2019 and achieved fruitful results, said the National Development and Reform Commission (NDRC) on Sund