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E-Commerce Giant JD.com Launches Blockchain Startup Accelerator

JD.com, one of China’s largest e-commerce platforms, is launching an accelerator program to foster the development of blockchain-focused startups. According to an announcement Tuesday, the program, starting in March and dubbed “AI Catapult,” aims to incubate young blockchain firms – helping them scale their applications through integrations with JD.com’s various businesses in China, including e-commerce and… Read More »

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Twitter writes off $70 million SoundCloud investment

Twitter has written off a $70 million investment it made in SoundCloud, the music streaming service. Twitter put the money into SoundCloud in in 2016, via its Twitter Ventures unit, in a deal that valued the company at $700 million. Now Twitter, via its 2017 annual report, says it has written off $66.4 million it… Read More »

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Female Software Engineer Sues Google for encouraging ‘Bro-culture’ that led to sexual

A female software engineer at Google sued the tech giant for creating a ‘bro culture’ where she was sexually harassed at work, a lawsuit claimed.  Lee’s lawsuit – filed in Santa Clara County Superior Court – alleges that the company did not protect her, saying, “Google’s bro-culture contributed to (Lee’s) suffering frequent sexual harassment and… Read More »

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Nokia acquires mesh WiFi startup Unium

To coincide with MWC in Barcelona and a bigger step into the WiFi business, Nokia has announced that it has acquired Unium, a startup out of Seattle that builds technology for mesh WiFi for home networking services. Unium’s tech is used to address one of the biggest pain-points in home WiFi today: it helps fill… Read More »

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VMware Buys Cloud Security Startup CloudCoreo

VMware will acquire CloudCoreo to help customers get a better understanding of their risks in the cloud. The small Seattle team — less than ten employees — will join VMware’s Cloud Services unit and CloudCoreo’s flagship configuration-management product will get folded into that group, said Milin Desai, general manager for VMware Cloud Services. Terms of… Read More »

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Cryptocurrency startup LoopX exit scams with $4.5M in ICO

Another day, another cryptocurrency scam. LoopX, the latest cryptocurrency startup/walk-out/up-in-smoke, has pulled an exit scam, leaving town with $4.5 million of investors’ money. LoopX was pretty barebones, judging by a cached page of its web site as of Saturday and from the description of social media commentators who’ve been keeping an eye on it. Here’s… Read More »

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How Apple Hopes to Eliminate iPhone Bugs

Apple (aapl, +1.00%) is making a big change to the way it updates its software for iOS devices such as iPhones and iPads, by relaxing its development schedule. The company will continue to update its software annually, but internally engineers will have more discretion to push back features that aren’t as polished to the following year. … Read More »

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Apple Trails Samsung in Smartphone Market

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Apple might make billions on the sale of its smartphones every year, but Samsung still reigns supreme in sales. Samsung ended 2017 with 21.9% market share in the worldwide smartphone market, according to new data released on Tuesday by researcher TrendForce. Samsung shipped more than 310 million units during the period, according to TrendForce. That… Read More »

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