New Study Finds that Female CEOs Get Only 3% of Venture Capital Funding

8 years ago0460 Gender discrimination in the world of venture capitalism has been going on for a good long while as recent reports have shown. But now, an increasing number of incidents are coming to light and more women are willing to speak up. According to data from PitchBook, VCs put $64.9 billion into male-founded startups in 2016 while...

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Post-IPO Shakeup Sees Blue Apron COO Step Down

8 years ago0631 Earlier this year in June, meal kit delivery company Blue Apron launched its IPO. However, the company struggled to gain momentum on the NYSE. Its shares opened up at $10, but closed on Wednesday at $7.50. Per a statement issued by the company, co-founder Matthew Wadiak will be assuming the post of Senior Advisor after stepping down...

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Facebook Funding Program at Harvard to Fight Hacking of Elections

8 years ago0418 Facebook recently announced initial funding of $500,000 for a nonprofit organization at Harvard University that will “help protect political parties, voting systems and information providers from hackers and propaganda attacks.” The organization is called Defending Digital Democracy. Its efforts are led by Democrat Hillary Clinton...

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Tech Executives Blast Trump’s Ban on Trangenders in the Military

8 years ago0446 President Donald Trump is not afraid to voice his opinion. In a recent post on Twitter, he announced that he has decided not to allow transgenders to serve in the military after speaking with generals and experts on the topic. This did not go unnoticed as many of Silicon Valley's CEOs rushed to social media to voice their disapproval of...

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Romio Hires New COO and Communications Head

8 years ago0422 Romio, the new startup service that allows users to share and discover neighborhood recommendations from local experts and friends, has hired Chris Budden to lead the company's marketing and operations departments and help to better establish its brand and growth. Romio is scheduled to launch in early fall of 2017. With Budden’s...

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Let’s Count the Zeroes: Amazon Is Worth Half a Trillion Dollars

8 years ago0363 Amazon has officially reached the $500 billion mark as its market cap exceeds half a trillion in profits. The company’s updated value put its CEO Jeff Bezos above Microsoft co-founder Bill Gates as the richest man in the world for only a few hours last week. As a result of the 2.4% rise in Amazon’s stock price, Bezos’ net worth...

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Google Wants You to Have a Job and It’s Pledging $50 Million to Do It

8 years ago0350 Google is serious about lowering the unemployment rate in the United States and various parts of Europe with a $50 million initiative that aims to aid potential job seekers in being well-prepared for work and also in improving the working conditions of currently employed individuals. This initiative was launched by Google’s...

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Cleo Raises £2 Million in Additional Funding

8 years ago0443 Cleo, a London-based startup that offers an AI chatbot to help handle and manage finances, raised £2 million in a round led by LocalGlobe with participation from existing investors. Cleo grabbed the attention of various successful companies and individuals including Skype founder Niklas Zennström. Cleo is essentially a digital...

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Twitter Shares Take Hard Fall in Second Quarter

8 years ago0450 Twitter released its second quarter reports last Thursday, and it showed a lower-than-expected number of monthly active users. The company expected to increase its monthly users over the previous quarter, but the number remained unchanged, standing at 328 million. The company share prices also fell by 13% in midday trading, after the...

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An Increasing Number of Bosses Want Employees Back in the Office

8 years ago0398 In 2013, Best Buy cancelled its remote working policies and the company was criticized for the decision. However, after four years, an increasing number of companies are adopting a similar policy. The Wall Street Journal reported on “the shifting views of remote work at big employers, noting that companies like International...

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Bezos Reigned as the Richest Man in the World – But Only for 4 Hours

8 years ago0335 On Thursday, as Amazon stocks opened at $1071.30, founder and CEO Jeff Bezos became the richest man in the world, breaking Bill Gates’ 22-year record of occupying the position. He enjoyed his reign in the number one spot on Bloomberg’s Billionaire Index, but it was short lived. Amazon share prices rose to $1,083.31, but then as...

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Former CIO of Wal-Mart to Head IT at GlaxoSmithKline

8 years ago0383 GlaxoSmithKline announced on July 25 that Karenann Terell would join the company as its new Chief Digital & Technology Officer, with anticipation that she can transform how new technologies are used to improve the company’s performance. Terell will assume this new role on September 4th and will become a member of the corporate...

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