Did you see the viral videos of yesterday’s flooding in New York City subways? In one, riders waded through brown, waist-deep water; another video showed a cascade rushing down a flight of stairs to a subway platform where passengers waited for a train. Infrastructure doesn’t attract much attention until it fails. Domain name services (DNS),…
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As a young girl growing up in Northern Ireland during the Troubles, Sarah Friar witnessed the bombing campaign and the windows of her family home shattering from the blasts. But Friar also saw the best of human nature. In her small village, which was founded by Quakers strongly opposed to segregation, Catholics and Protestants lived…
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Hello, my name is Henry, and I am an addict. It has been approximately 90 seconds since I last checked Twitter. Nearly every journalist is on Twitter, and nearly every journalist feels bad about it. We scroll in meetings and at social gatherings. We read other people’s tweets even when we’re right in front of…
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Lidiya Dervisheva Contributor As a partner at Next47, Lidiya Dervisheva works in the areas of robotics, AI and machine vision, as well as broader industrial and enterprise verticals. Fady Saad Contributor Fady Saad is the co-founder and strategic partnerships vice president of MassRobotics, the first and largest robotics/AI startup escalator in the world. Bilal Zuberi…
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Indonesian ecommerce company Bukalapak is aiming to raise up to $1.5bn for an initial public offering, in what is set to be country’s biggest equity listing in more than a decade. The online marketplace — whose investors include US technology giant Microsoft, Chinese tech company Ant Group and Singaporean sovereign wealth fund GIC — plans…
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President Xi Jinping is finally addressing what his administration has long seen as a nagging national security risk and a glaring weakness in China’s capital markets — their inability to attract the country’s best tech companies, which have instead streamed to New York to raise capital. That steady flow of business and prestige for US…
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This article is an on-site version of our Swamp Notes newsletter. Sign up here to get the newsletter sent straight to your inbox every Monday and Friday I have been amazed by ecommerce giant Amazon’s attempts to try to scupper the appointment of the new chair of the Federal Trade Commission, Lina Khan. The claim…
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This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives. Monday Ilias Hatzis our Greece-based crypto entrepreneur (Founder & CEO at Kryptonio a “keyless” non-custodial bitcoin and cryptocurrency wallet, that lets users manage bitcoin and crypto, without private keys or passwords and Weekly Columnist at Daily Fintech) @iliashatzis…
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Japanese technology group SoftBank is in talks to buy a 10 per cent stake in Yanolja, a leading South Korean hotel booking platform, ahead of the company’s expected US listing, people familiar with the matter said on Friday. The deal, in which SoftBank’s Vision Fund is likely to invest about Won1tn ($870m) in Yanolja, is…
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Online grocery startups around the world continue to pull in major investment, underscoring how much they have all grown especially in the last year of pandemic living. In the latest development, Kurly — a startup in South Korea that provides next-day grocery delivery services across the country — has closed $200 million in funding, a…
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