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China VCs Challenged By Increased Competition, Cautious Investors

China VCs Challenged By Increased Competition, Cautious Investors
China VCs Challenged By Increased Competition, Cautious Investors
January 10, 2020  |  Investments

Foreign venture capital (VC) is not doing well in China, according to reports, amid the pulling out of Silicon Valley accelerator Y Combinator, and changing...

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Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
January 09, 2020  |  Security & Fraud

A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. Get...

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AGI Firm Soul Machine Snags $40M To Advance Human-Machine Connections
AGI Firm Soul Machine Snags $40M To Advance Human-Machine Connections
January 09, 2020  |  Artificial Intelligence

Autonomous animation platform Soul Machines has raised $40 million in a Series B funding round led by Temasek, with new participation from Lakestar and Salesforce...

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Hillbilly Elegy’s J.D. Vance Raises $93M To Fund Science, Tech Startups
Hillbilly Elegy’s J.D. Vance Raises $93M To Fund Science, Tech Startups
January 09, 2020  |  Investments

Bestselling author J.D. Vance, who penned the popular memoir “Hillbilly Elegy,” has started a VC fund called Narya Capital, according to a report Thursday (Jan....

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WeChat Pay Service Simplifies Cross-Border Tuition For Chinese Students
WeChat Pay Service Simplifies Cross-Border Tuition For Chinese Students
January 09, 2020  |  International

Tencent’s WeChat Pay has introduced a payment service aimed at Chinese students who want to pay their tuition fees at universities in South Korea, according...

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Mastercard Launches AR App To Highlight Card Benefits
Mastercard Launches AR App To Highlight Card Benefits
January 09, 2020  |  Mobile Applications

Mastercard, in an effort to help customers better understand the benefits available to them, has launched an augmented reality (AR) program to highlight that information....

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US Chamber Leader Criticizes Presidential Candidates
US Chamber Leader Criticizes Presidential Candidates
January 09, 2020  |  Politics

The head of the U.S. Chamber of Commerce, the largest and most powerful business lobbying group in the country, criticized presidential candidates challenging President Donald...

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China Sees 18 Pct. Jump In iPhone Sales
China Sees 18 Pct. Jump In iPhone Sales
January 09, 2020  |  Apple

There was an 18 percent spike in iPhone sales in China in the month of December, according to a report by Reuters. Get the Full...

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Survey: CFOs Warn Of Slowing Economy In 2020
Survey: CFOs Warn Of Slowing Economy In 2020
January 09, 2020  |  Economy

Deloitte did a survey of chief financial officers (CFOs) at major U.S. companies, and CFOs say the economy is headed toward a slowdown and the...

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