The venture capital industry has been careening from crisis to crisis spurred by a series of sexual harassment allegations. Firms are now looking inward, and so is the lead trade group. Bobby Franklin, the head of the National Venture Capital Association, the lobby and official voice of the spread-out industry, said his Washington-based organization is […]
Read moreA Wisconsin company is offering its workers the chance to toss their employee ID card and chuck all their passwords. If that sounds appealing—especially for people who frequently lose or forget those staples of modern-day office life—it comes with a catch. In exchange, each employee will insert a tiny microchip: Under their skin. As it […]
Read moreThe Philippine central bank on Sunday sought to soothe frayed nerves in the foreign exchange market after the peso hit an 11-year low, saying it was not in a freefall and assuring it would be on guard against excessive volatility. “Let’s calm down,” Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla said in a statement, […]
Read moreCurrency, United States Finance
Top UK ministers say Brexit transition cannot be back door to staying in EU
Britain needs a transition period to soften its exit from the European Union, but it cannot be used to stop Brexit, two senior ministers said on Saturday, signalling a truce between rival factions in Prime Minister Theresa May’s cabinet. May’s Brexit strategy has been the subject of open debate among her top team ever since […]
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'We are ready' says Britain, launching push to break Brexit stalemate
Britain says it is ready to move to the next phase of Brexit talks and set out details of the future relationship it wants with the European Union. Opening rounds of talks with Brussels have made little headway, with EU negotiators demanding greater clarity from the British delegation. The EU has warned that an already-tight […]
Read moreSoftBank has begun approaching other investors besides Benchmark in a continuing effort to acquire a piece of Uber, according to people briefed on the moves. As has been widely reported, the giant Japan-based investor and conglomerate has offered to buy shares in the car-hailing company owned by the Silicon Valley venture firm, but has been […]
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This week’s stock market’s tumble may signal a much bigger downside lies ahead. Technician Scott Redler is noticing an ominous trend in the charts that could temporarily pull the S&P 500 Index down by three to five percent. “We could be at a short-term top,” T3Live.com’s chief strategic officer recently said on “Futures Now.” Redler […]
Read moreThe digital currency bitcoin vaulted to a new record high above $4000 on Saturday, boosted by strong Japanese demand on its way to multiplying its value fourfold this year. Bitcoin traded as high as $4,000.93, more than 7 percent higher near $3,941 in Saturday dealings, according to CoinDesk. The digital currency has now quadrupled in […]
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“Is that a Chrysler?” my friend asks when I pull up in the G90. Hmm, no. But if you’re still asking that question, then Hyundai corporate hasn’t done enough to impart the Genesis brand on the American consciousness. Does that mean I have to? Well, they gave me one to test for the week, so […]
Read moreSnapchat is snapping up people’s attention. The social media platform, which is based on sharing pictures, has 173 million daily users. Yet eyebrows are being raises over a new feature, which allows users’ to share location information. Its call Snap Map and lets users see when their friends are driving, listening to music or even […]
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