Cobo, a cryptocurrency wallet startup headquartered in Beijing, has raised a $13 million Series A to enter new international markets. The round was led by DHVC and Wu Capital, a family office based in China. Cobo plans to expand in the United States and Southeast Asia, in particular Vietnam and Indonesia. Cobo is also now […]

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Several major Facebook shareholders have submitted a proposal calling for CEO Mark Zuckerberg to step down as chairman of the company’s board. The filing is mainly symbolic, since Zuckerberg has almost total voting control, an arrangement that has earned the company’s board structure comparisons to a “dictatorship.” The proposal is still noteworthy, however, because of […]

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Twitter is trying out a small new change to Moments that would provide contextual information within its curated stories. Spotted by Twitter user @kwatt and confirmed by a number of Twitter product team members, the little snippets appear sandwiched between tweets in a Moment. 👀Annotations adding context 🧐 https://t.co/ks6TUw8uYF — Gasca 🔥🦉 (@gasca) October 18, […]

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Virtually every modern computer processor was thrown under the bus earlier this year when researchers found a fundamental design weakness in Intel, AMD and ARM chips, making it possible to steal sensitive data from the computer’s memory. The Meltdown and Spectre vulnerabilities — which date back to 1995 — punched holes in the walls that […]

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Oh My Green has raised $20 million from Initialized Capital, Powerplant Ventures and others to bring healthier foods to offices around the U.S.

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Many entrepreneurs assume that an invention carries intrinsic value, but that assumption is a fallacy.

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It’s amazing how quickly things can change. Exactly a week ago, we wondered if Saudi Arabia’s money might finally become radioactive in light of the disappearance of Saudi journalist and Washington Post columnist Jamal Khashoggi. Almost no one we reached for comment wanted to participate in the story, though behind the scenes, we heard the same […]

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3D printing for manufacturing is one of those things that gets talked about a lot, but we’ve yet to see a lot of truly mainstream applications for the technology. A new partnership between Gillette and MIT-born startup Formlabs offers an interesting potential peek into such a future. Granted, customized razor handles is probably more of […]

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It’s been four months since Facebook launched IGTV, with the goal of creating a destination for longer-form Instagram videos. Is it shaping up to be a high-profile flop, or could this be the company’s next multi-billion-dollar business? IGTV, which features videos up to 60 minutes versus Instagram’s normal 60-second limit, hasn’t made much of a […]

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HTML5 almost ruined Facebook when baking in the mobile web standard to speed up development slowed down the performance of the social network’s main iOS and Android apps. For a brief moment in 2011, Facebook even tried to build an HTML5 gaming platform codenamed Sparta to escape the taxes of Apple and Google’s mobile operating […]

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The big accounting firms are under pressure from digital disruption just like every industry these days, but PwC is trying a proactive approach with a digital accelerator program designed to train employees for the next generation of jobs. To do this, PwC is not just providing some additional training resources and calling it a day. […]

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Homebodies across the U.S. have reason to celebrate. Postmates — the on-demand food delivery service so popular in major cities that it’s a verb now — just launched in 134 new markets. Those 134 additional cities mean that Postmates has a presence in 550 cities total across the U.S, including places like Lubbock, Texas; Athens, […]

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Lensabl, the company that has built a business putting prescription lenses into any style of glasses frame, has raised $3.7 million in a new round of funding.  Lensabl makes it easy to put new lenses in a favorite pair of shades or glasses Based in Los Angeles, Lensabl already has an agreement inked with the […]

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Layoffs are never an easy pill to swallow, but for Essential, it seems the writing was on the wall for a while with this one. After months of reports highlighting its struggles, the Andy Rubin-led smartphone startup has announced some major layoffs. All told, the company will be losing around 30 percent of its staff. […]

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Tesla has secured the rights to about 210 acres of land in Lingang, Shanghai, the site of the electric automaker's planned factory and its first outside of the U.S.

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