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Alibaba shares jump on Jack Ma’s first appearance in 3 months – TechCrunch

Alibaba’s billionaire founder resurfaced as he spoke to 100 rural teachers through a video call, three months after his last public appearance in October, sending the e-commerce firm’s shares up more than 8% in Hong Kong. A recording of the call was first posted on a news portal backed by …

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Trump Administration adds Xiaomi to military blacklist – TechCrunch

Chinese smartphone maker Xiaomi is the latest to be added to the Trump Administration’s military blacklist. On Thursday, the Department of Defense added nine more companies to its list of alleged Chinese military companies, including Xiaomi. Xiaomi was the world’s third-largest smartphone maker as of Q3 last year, coming ahead …

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Winnoz’s vacuum-assisted Haiim makes finger prick blood draws more efficient – TechCrunch

Winnoz’s Haiim is designed to make collecting blood from fingertips easier, increasing the volume drawn so it can be used for more types of tests. The New Taipei City, Taiwan-based company’s vacuum-assisted device can collect up to 150 to 500 microliters of blood from a finger prick, depending on the …

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U.S. government should consider regulating news algorithms

(Subscribe to CNBC Pro to watch the full interview with Twilio CEO Jeff Lawson.) The U.S. government should consider regulating social media algorithms that drive “what we as consumers see and read every day,” Twilio CEO Jeff Lawson said in an interview with CNBC. Twilio, a cloud communications platform, is …

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U.S. government should consider regulating news algorithms

(Subscribe to CNBC Pro to watch the full interview with Twilio CEO Jeff Lawson.) The U.S. government should consider regulating social media algorithms that drive “what we as consumers see and read every day,” Twilio CEO Jeff Lawson said in an interview with CNBC. Twilio, a cloud communications platform, is …

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Sumner Redstone, billionaire media tycoon, dead at age 97

Sumner Redstone, the media mogul who built his family’s drive-in theater chain into a multibillion-dollar empire encompassing CBS and Viacom and later became the center of a jilted lover’s lawsuit that nearly cost his family his financial legacy, has died. He was 97. Redstone, who often boasted that he would …

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Stock Markets, Business News, Financials, Earnings

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Netflix, AT&T, Verizon and Comcast were the decade’s media kingmakers

A man browsing the channel selections on TV at his home in Las Vegas. Getty Images In 1996, Bill Gates said “content is king,” and his words became a truism in the media and telecommunications industry. But over the last ten years, it turned out that content distributors — AT&T, …

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Adobe stock hits new record as investors cheer move to cloud

Shantanu Narayen, President and CEO of Adobe Systems. Hemant Mishra | Mint | Getty Images Adobe’s six-year transition from packaged software to the cloud has turned it into one of the hottest names in technology and lifted the stock to a record. Shares of the software maker, known for products …

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Lyft announces car rental service; Hertz and Avis shares plunge

Lyft went pubic on Friday, March 29, 2019, with a value above $20 billion. Lyft Lyft said on Thursday that it’s introducing a car rental service, allowing customers to rent a vehicle without having to go to the counter. Hertz and Avis shares plunged on the news. “With Lyft Rentals, …

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