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The carrot and stick of data breaches

Data breaches are on the rise. Just recently we saw new reports confirming Yahoo! suffered another large, embarrassing breach (this time of more than one billion user accounts in August 2013). And the story continues to unfold around whether or not Russia breached United States cyber systems in hopes of ...

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WTF is a liquidation preference?

If you work in the tech industry, you’ve undoubtedly heard the term “liquidation preference” at some point. You may have experienced a chill as the words fell upon your ears, too. There’s a non-medical reason for this: liquidation preferences are created to ensure that investors get paid before anyone at a startup ...

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New regulations could limit Didi’s taxi on-demand service in China’s top cities

There’s trouble in China for ride-sharing services after authorities in Beijing and Shanghai agreed to institute new regulations that could significantly reduce the driver pool for services like Didi Chuxing and Uber. According to rules proposed in October that have now been adopted by both cities’ regulators, taxi on-demand services can only use drivers who are ...

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Uber losses expected to hit $3 billion in 2016 despite revenue growth

Uber’s losses are growing from $2.2 billion last year to an expected $3 billion this year, according to multiple reports this week from The Information and others. It’s hard to fathom Uber operating so far from profitability at a time when it feels like an established mainstream brand on the global stage. Hip hop stars like Drake or Wiz Khalifa ...

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Price f(x) raises €4M Series A for pricing optimization SaaS

Price f(x), a pricing optimization SaaS, has raised €4 million in Series A funding. Leading the round is Prague-based Credo Ventures, and London-based Talis Capital. Noteworthy, this is the first outside funding the European startup has taken since it was founded six years ago and despite being profitable for the ...

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The last frontier of consumerizing travel lives in the workplace

According to a 2014 study by Google, 74 percent of leisure travelers relied on the internet for travel planning. That’s not surprising; it’s generally understood that most consumers make travel plans online. But that same study found that 77 percent of business travelers also started their journey online. Similarly, 78 ...

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America’s problems are Silicon Valley’s next investment

Rounds versus appropriations. Term sheets versus term limits. Silicon Valley and Washington speak different languages, but we mostly understand each other. The same is less true of conversations between the economic and political elites and the constituencies they serve. President-elect Trump and members of the new administration met with tech ...

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