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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts. via MDDI Online.

Capital 78
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GOP Leader Demands Twitter CEO Testify In Antitrust Probe

PYMNTS

Jim Jordan , ranking member of the House Committee on the Judiciary, said in a letter , “there is bipartisan interest to hear from Twitter about its power in the marketplace, its role in moderating content on its platform, and the causes for its recent highly publicized security breaches.”. The letter was addressed to Democratic U.S.

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Lawmakers Eye Increased Libra Oversight

PYMNTS

Sylvia Garcia, Democrat of Texas, and Lance Gooden, Republican of Texas, introduced a bill that would put the would-be crypto under the oversight of the Securities and Exchange Commission (SEC). The move, according to the publication, would subject the digital coin to “a set of extensive and well established regulations.”.