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Thursday, August 17, 2017

ThoughtSpot raises $60 million, ends funding round for artificial intelligence technology

SAN FRANCISCO (Reuters) - Silicon Valley technology company ThoughtSpot has completed a $120 million funding round to fuel the start-up's new artificial intelligence...

U.S. e-sports platform to launch $100 million cryptocurrency sale in September

NEW YORK (Reuters) - Unikrn, a U.S. sports betting digital platform backed by some of the biggest names in media, entertainment and sports,...

Pershing Square’s Ackman says ADP needs to streamline

BOSTON/NEW YORK (Reuters) - Activist investor William Ackman laid out his case for changes at Automatic Data Processing Inc (ADP.O) on Thursday, saying...

U.S. appeals court rules for Uber in arbitration dispute

NEW YORK (Reuters) - A U.S. appeals court on Thursday ruled in favor of Uber Technologies Inc in a lawsuit over whether...

Apple’s Cook says he disagrees with Trump, vows donations to rights groups

(Reuters) - Apple Inc (AAPL.O) CEO Tim Cook has joined a chorus of business leaders who have voiced their opposition to President Donald...

Sixt CEO hints at car-sharing merger talks between BMW and Daimler

FRANKFURT (Reuters) - German carmakers Daimler and BMW may be in talks to combine their car-sharing services Car2Go and DriveNow, the chief executive...

China’s Alibaba outstrips revenue estimates with online sales growth

(Reuters) - Alibaba, China's top e-commerce firm, beat analyst's estimates with a 56 percent rise in first-quarter revenue, driven by growth in online...

Wisconsin lawmakers debate billions in incentives for Foxconn plant

(Reuters) - The Wisconsin State Assembly on Thursday will consider a $3 billion incentive package for a proposed liquid-crystal display factory by Taiwan's...

Ericsson could shed 25,000 jobs in cost-cutting drive: report

STOCKHOLM (Reuters) - Mobile telecom gear maker Ericsson may lay off around 25,000 employees outside Sweden as part of its savings program, Swedish...

China targets Alibaba’s Taobao, other e-commerce sites, in VPN crackdown

BEIJING (Reuters) - Chinese authorities have issued a warning to the country's top e-commerce platforms, including Alibaba Holding Group Ltd's Taobao.com, over the...

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