Apple is building a new European Silicon Design Center in Munich, expanding its current operations in the German engineering hub with an investment of over 1 billion euros ($ 1.19 billion). In an announcement Wednesday, Apple said it plans to add hundreds of new employees,...
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March 10, 2021 albert
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Another major VC firm has closed two major rounds, underscoring the long-term confidence investors continue to have for backing privately held companies in the tech sector. Early-stage VC firm Bessemer Venture Partners announced Thursday the close of two new funds totaling $ 3.3 billion that...
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February 26, 2021 albert
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The Chinese Uber for trucks Manbang announced Tuesday that it has raised $ 1.7 billion in its latest funding round, two years after it hauled in $ 1.9 billion from investors including SoftBank Group and Alphabet Inc’s venture capital fund CapitalG. The news came fresh...
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November 24, 2020 albert
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David Chao, the cofounder of the cross-border venture firm DCM, speaks English, Japanese, and Mandarin. But he also knows how to talk to founders. It’s worth a lot. Consider that DCM should see more than $ 1 billion from the $ 26.4 million it invested...
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September 12, 2020 albert
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Abu Dhabi-based sovereign firm Mubadala has become the latest investor in Mukesh Ambani’s Reliance Jio Platforms, joining five American firms including Facebook and Silver Lake that have secured stakes in India’s biggest telecom operator at the height of a once-in-a-century global pandemic. Mubadala said it...
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June 5, 2020 albert
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Two years ago I attended an “Innovation in Immersive Storytelling” event at Industrial Light & Magic, featuring the Chief Game Wizard of Magic Leap. I should have known then, from all the strained corporate sorcery in that sentence, that their demise was inevitable. But in...
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April 26, 2020 albert
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Read more… More about Star Wars, Box Office, Star Wars The Rise Of Skywalker, Entertainment, and Star Wars Mashable
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January 15, 2020 albert
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The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Visa is acquiring Plaid for $ 5.3 billion, 2x its final...
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January 14, 2020 albert
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Instagram’s future growth depends on the developing world, so it’s built a version of its app just for them. “Instagram Lite” for Android appeared today in the Google Play App Store without any announcement from the company. “The Instagram Lite app is small, allowing you to...
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June 28, 2018 albert
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The nature of work is changing on a global level at a rapid pace. Sure, it’s not the first time work has been dramatically impacted by technology, but the growth of automation, robotics, AI and the like have the potential to displace jobs at an...
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October 12, 2017 albert
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