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ByteDance Now Has A Valuation That Surpasses Uber

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ByteDance , the Chinese media company, closed a $3 billion funding round led by SoftBank , making it the largest privately backed startup in the world. According to the report, proceeds from the fundraising are expected to go for expansion beyond Chinese companies. While the company has earned more than $2.5

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Didi Chuxing And Alibaba’s Ant Financial Offer $2B for Bike-Sharing Startup Ofo

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The ridesharing firm and the Chinese eCommerce powerhouse are poised to mark the most recent deal in a wave of consolidations in the Chinese bike-sharing market, as thousands of bikes have littered major cities in recent years amid a large number of startups. The joint bid was originally reported by local Chinese media.

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Bitcoin Daily: US Treasury’s Mnuchin Says ‘Significant’ New Crypto Rules In Works; Spain’s FC Barcelona To Create Team Token

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In other news, soccer powerhouse Barcelona is teaming with Chiliz, a FinTech platform, with the intent of creating its own blockchain-based token for the team. Chiliz has created a coin called Barca Fan Token due to its partnership with the Spanish sports giant, which can be used on its social media app Socios.

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Didi Chuxing Spinoff Buys Hiservice

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14) that it has acquired Hiservice, a company that provides after-service care for car owners. The joint bid was originally reported by local Chinese media. However, according to local media reports, the company has either scaled back or shut down operations in two key markets, India and Australia.

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Facebook Takes On Zillow With Dynamic Ads For Real Estate

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According to reports, the social media giant has launched “Dynamic Ads For Real Estate,” a new advertising feature that might just challenge Zillow’s supremacy in the digital retail arena. Facebook is using targeting technology similar to Amazon’s to display user-specific real estate listings as people utilize the social media network.

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Can The New England Patriots Brand Survive Losing Tom Brady?

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Brady announced on social media that he won’t re-sign with the Pats for the 2020 season after 20 years with the team, although he didn’t say where he’ll play instead. But then Stewart went to prison for five months in connection with an insider trading scandal, and by 2015, the company sold for just $353 million. “Of

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Tech Center: Los Angeles On The Brink Of Becoming Tech Power Player

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For quite some time, Silicon Valley has been the technology powerhouse of California in terms of both up-and-coming startups and big-named companies, like Google and Facebook. There are more than 3,800 startups and tech companies. With over 150 tech companies in Los Angeles, the city is looking to host its first tech job fair.