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Amazon holiday quarter delivers, threatens profit squeeze for UPS and FedEx

by The Editor | Jan 31, 2020 | News

(Reuters) – Amazon.com Inc’s (AMZN.O) rapid expansion of one-day shipping delivered a strong holiday quarter and showed the rising ambition of the company, which in six years has created a network that handles nearly as many packages as FedEx Corp (FDX.N). FILE...

Trump signs executive order aimed at preventing sales of counterfeit goods from overseas

by The Editor | Jan 31, 2020 | News

WASHINGTON (Reuters) – President Donald Trump signed an executive order on Friday aimed at preventing counterfeit products from abroad from being sold to U.S. citizens who shop online using Amazon.com, Walmart.com or other ecommerce websites, the White House...

As coronavirus misinformation spreads on social media, Facebook removes posts

by The Editor | Jan 31, 2020 | News

SAN FRANCISCO (Reuters) – Facebook Inc said it will take down misinformation about China’s fast-spreading coronavirus, in a rare departure from its usual approach to dubious health content that is presenting a fresh challenge for social media companies. FILE...

Legacy, a sperm testing and freezing service, just raised $3.5 million to send the message to men: get checked – TechCrunch

by Connie Loizos | Jan 31, 2020 | News

Legacy, a male fertility startup, has just raised a fresh, $3.5 million in funding from Bill Maris’s San Diego-based venture firm, Section 32, along with Y Combinator and Bain Capital Ventures, which led a $1.5 million seed round for the Boston startup last year. We...

Loft raises $175M, Softbank invests in Mexico’s Alphacredit and Rappi pulls back – TechCrunch

by Anna Escher | Jan 31, 2020 | News

Brazil’s famously-tricky real estate market has long drawn international investors to the region in search of tech solutions. This time, Brazilian startup Loft brought in a $175M Series C from first-time investor in the region, Vulcan Capital (Paul Allen’s investment...
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