Startups Weekly: Squads screen-shares and Slacks swastika

We’re three weeks into January. We’ve recovered from our CES hangover and, hopefully, from the CES flu. We’ve started writing the correct year, 2019, not 2018. Venture capitalists have gone full steam ahead with fundraising efforts, several startups have closed multi-hundred million dollar rounds, a virtual influencer raised equity funding and yet,…

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TNB Aura closes $22.7M fund to bring PE-style investing to Southeast Asias startups

TNB Aura, a recent arrival to Southeast Asia’s VC scene, announced today that it has closed a maiden fund at SG$31.1million, or around US$22.65 million, to bring a more private equity-like approach to investing in startups in the region. The fund was launched in 2016 and it is a joint effort…

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Helipads and everything else Amazon is getting out of its deals with New York and Virginia

Washington D.C. (CNN Business)When Amazon started looking for a second headquarters location more than a year ago, the company asked cities to put their best offers on the table in cash. Amazon’s requested perks include not just money, but a helipad at its planned new locations in Long Island City…

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Young people are rewiring capitalism with their McStrike | Owen Jones

A precarious and exploited workforce has had enough: young employees are demanding to be heard, writes Guardian columnist Owen Jones The day McDonalds workers walked out on strike was the best day of Shen Batmazs life: she has even tattooed the date on her arm. I was so tired and…

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‘Sorry I’m scuba diving’: Salesforce CEO criticized over response to border contract backlash

Emails obtained by the Guardian raise questions about Marc Benioffs handling of protests over links to US immigration agency The technology company Salesforce is facing mounting pressure to cancel its contract with US Customs and Border Protection (CBP), with protests targeting its CEO, Marc Benioff, on Tuesday. Emails from Benioff,…

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Weak economic recovery was down to flawed policies, not secular stagnation | Joseph Stiglitz

Lesson to be learned from 2008 financial crisis is that the challenge was and is – political In the aftermath of the 2008 financial crisis, some economists argued that the US, and perhaps the global economy, was suffering from secular stagnation an idea first conceived in the aftermath of the…

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As Tesla ConsidersGoing Private, Wall Street Wonders How

Elon Musk might have a clear plan for taking Tesla Inc. private. Analysts aren’t convinced. Reactions to the chief executive officer’s tweet Tuesday that he was considering going private have widely varied on Wall Street. While some analysts say the $420 per share value cited by Musk is too low…

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Godfather of GMOs Wants Consumers to Be Less Afraid of His Food

Three decades ago, Robert T. Fraley helped invent the genetically modified seeds that have become a $17 billion global industry and ushered in a new era of agricultural productivity. So it’s little surprise that this longtime Source: International Service for the Acquisition of Agri-Biotech Applications * sugar beet, potato, apple,…

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