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Apple Overhauls Leadership Ranks To Move Beyond iPhone

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In an attempt to lower its reliance on the iPhone, Apple is overhauling its leadership ranks and changing its priorities so that it is focused more on services, artificial intelligence, hardware and retail, reported The Wall Street Journal. Appleā€™s moves come at a time when demand for its iPhones is starting to slow.

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Freelancer Banking App Lili Nets $15M For Expansion

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The new capital will be used to help Lili boost its ever-growing expansion and add to its product and engineering teams and boost customer adoption, the release says. The round was led by Group 11 , with major participation from Foundation Capital, AltaIR Capital, Primary Venture Partners, Torch Capital, and Zeev Ventures.

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Alphabet Fourth US Tech Firm To Hit $1 Trillion Value

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Google is one of those critical, important leaders in multiple areas,ā€ Michael Lippert, manager of Baron Capital Opportunity Fund, told the Wall Street Journal. You almost canā€™t live your life without Googling things.ā€. The two men founded Google out of a Menlo Park garage in 2006.

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Alphabet Market Cap Hits $1T

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Google is one of those critical, important leaders in multiple areas,ā€ Michael Lippert, manager of Baron Capital Opportunity Fund, told the Wall Street Journal. You almost canā€™t live your life without Googling things.ā€. The two men founded Google out of a Menlo Park garage in 2006.

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Shipt Gets $20 Million In Funding To Challenge Amazon, Google

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million in Series A funding that the company plans to use to expand into new markets and further compete with well-heeled online food delivery giants, like Amazon, Google and Instacart. Under CEO Bill Smith’s leadership, Shipt has quickly become a nationally recognized company in the home grocery delivery space.

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Zomato Notches $150M In Funding From Ant Financial

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Ant Financial has been a steadfast partner in our journey toward achieving market leadership in on-demand food delivery in India and dining out globally.” Zomato did not comment on how the capital would be used or on the firmā€™s expected valuation following the $500 million funding close.

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Namely Hires New CEO, Raises $60M In Funding

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Human resources (HR) and benefits software platform Namely has found a new CEO ā€” and $60 million in venture capital (VC). GGV Capital , a Menlo Park, California-based firm, led the round alongside Tenaya Capital. In addition, the company recently raised a $60 million investment, which will be used to expand its reach.

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