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“Singles Day” Breaks Alibaba Records – But Regulation Knocks Chinese Stocks

November 11, 2020

Alibaba, the Chinese tech giant, has pulled in record sales figures. Yet not all is rosy for the firm. In previous years “Singles Day”—a Chinese Black Friday—has been measured in 24-hour frames.…

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Cellwize Raises $32m Round to Accelerate 5G Adoption

November 9, 2020

Israeli startup Cellwize has won a $32 million Series B funding round, as it continues its project to accelerate deployment of 5G networks worldwide. The round, led by Intel Capital and Qualcomm…

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Dutch EIT Kicks Off Bid to Build $118bn Green Hydrogen Economy

November 5, 2020

Dutch enterpreneurship hub EIC InnoEnergy has launched the European Green Hydrogen Acceleration Center (EGHAC), as part of the European Union’s so-called ‘Green Deal.’ The organization hopes its move will contribute to efforts…

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Wall Street Tech Stocks Face Slide No Matter Who Wins Election

November 2, 2020

Tech stocks are expected to fall following tomorrow’s US Presidential election – no matter who emerges victorious. Incumbent Donald Trump faces Democrat challenger Joe Biden for the country’s leadership. Yet despite the…

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Intel Shares Slip on Revenue Shortfall

October 23, 2020

Intel’s share price has dropped 10%, as the Coronavirus pandemic continues to take a toll. The Californian chipmaker’s value took a dive on underwhelming revenues, which analysts blame on the pandemic’s freezing…

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Deutsche Bank Ponders Tata Consultancy Tech Sale

October 22, 2020

Deutsche Bank is in talks to sell one of its major technology units to Tata Consultancy Services Ltd, a Mumbai-based conglomerate, according to a report by Bloomberg. Postbank Systems AG, a Bonn-based…

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Financing Startup Wayflyer Wins $10.2m Seed Funding

October 21, 2020

Wayflyer, a startup that connects e-commerce platforms with funding, is the recipient of a $10.2 million seed round. The backing, led by Washington, DC-based QED Investors, will help Wayflyer scale its product…

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Italy’s Phononic Vibes Raises $2.7m for Noise-Reduction Tech

October 8, 2020

Italian deeptech startup Phononic Vibes, which creates solutions for noise and vibration reduction, has secured a €2.3 million ($2.7m) funding round led by compatriot firm EUREKA! Venture SGR. The round, which builds…

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Latest US Huawei Sanctions “Lethal Blow” Against Firm – Analyst

August 18, 2020

Fresh US sanctions will deny Huawei access to chipmakers, dealing a “fatal blow” to the Chinese giant, one expert says. Eurasia Group head of geotechnology Paul Triolo wrote on Monday (8/17) that…

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Leading Japanese Firms Plan Digital Transformation

August 10, 2020

Japan’s largest corporations are planning a massive investment in digital technology, to ensure the country stays ahead of the curve amid the COVID-19 pandemic. The 765 companies’ $4.45 billion funding represents an…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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