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How Salesforce Became Silicon Valley's Best Late-Stage Tech Investor
Salesforce reported a $2.2 billion gain in 2020 from strategic investments, after the IPOs of Snowflake and nCino.
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More Restaurant Jobs and the Stimulus Package Foreshadow the Industry's Coming Recovery
Restaurants and bars gained 286,000 workers in February, the latest sign that the industry’s recovery is on the horizon after a long, cold winter.
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Central Banks Around the World Want to Get Into Digital Currencies—Here's Why
Intense interest in cryptocurrencies and the Covid-19 pandemic have sparked debate among central banks on whether to issue digital currencies of their own.
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Okta CEO Defends $6.5 Billion Deal for Rival Auth0 After Shares Fall
Okta CEO Todd McKinnon said rival identity management company Auth0 was on a path to go public and that the acquisition would be growth accretive to Okta.
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Okta CEO Defends $6.5 Billion Deal for Rival Auth0 After Shares Fall
Okta CEO Todd McKinnon said rival identity management company Auth0 was on a path to go public and that the acquisition would be growth accretive to Okta.
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Virgin Galactic Drops 10% After Chairman Chamath Palihapitiya Dumps His $213 Million Personal Stake
Virgin Galactic Chairman Chamath Palihapitiya sold his remaining personal stake in the space tourism company earlier this week.
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Detroit Mayor Rejects Initial J&J Vaccine Shipment, Saying Pfizer and Moderna Are ‘the Best'
Detroit Mayor Mike Duggan said the city had enough supply of Pfizer and Moderna vaccines to cover demand from eligible residents.
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Cramer's Week Ahead: Build a Cash Position for the Next Stock Sell-Off
“Mad Money” host Jim Cramer gave his reaction to the February jobs report and Friday’s market activity, telling investors to expect more declines on the market.
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Covid Updates: Arizona, West Virginia Lift Capacity Limits on Businesses; FDA Greenlights At-Home Test
The U.S. is recording at least 62,900 new Covid-19 cases and at least 1,770 virus-related deaths each day, based on a seven-day average of JHU data.
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Jeff Bezos Visited the New Headquarters of Relativity Space, the 3D-Printing Rocket Builder
Jeff Bezos stopped by the new headquarters of Relativity Space on Friday, a person familiar with the visit told CNBC, and met with CEO Tim Ellis.
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Demand for Composite Decking Is Rising Thanks to a DIY Boon, Trex CEO Says
Trex CEO Bryan Fairbanks said sales for the company’s wood-alternative products have increased as consumers take on more home-improvement projects.
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Virginia Gets Close to Legalizing Recreational Weed as Other States Eye Cannabis Tax Windfalls
Virginia finalizing its legalization of marijuana, while other states are calling for similar measures.
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Boeing Awards CEO $21 Million in Total Compensation for 2020
Boeing’s CEO Dave Calhoun forgoes $3.6 million in compensation.
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Cannabis Stocks Slump for Second Straight Week as Prospects Dim for Nationwide Legalization
Shares in cannabis growers and distributors dropped for a second straight week, falling with the broader market and on rising concerns about partisan sniping.
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U.S., EU to Suspend Tariffs in Effort to Resolve Boeing-Airbus Subsidy Dispute
The U.S. and EU have agreed to suspend billions of dollars in tariffs in hopes of resolving a 17-year-old dispute over government subsidies.
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WHO Says Pandemic Has Caused More ‘Mass Trauma' Than WWII
“And when there is mass trauma, it affects communities for many years to come,” WHO Director-General Tedros Adhanom Ghebreyesus said.
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VW Expects Half of U.S. Sales to Be Electric Vehicles by 2030
Volkswagen is accelerating plans to increase sales of all-electric vehicles globally in the U.S., Europe and China.
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Retailers Pay More to Fly Everything From Bikes to Hot Tubs From China as U.S. Port Backup Delays Deliveries
Hot tubs, vacuum cleaners and Peloton bikes are being shipped by air, which can take a couple of days from China instead of two to three months by ocean.
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CDC Finds Easing Mask, Restaurant Rules Led to Higher COVID Deaths, Cases
A new CDC study published on Friday found that local mask requirements and limited dining at restaurants can help reduce the spread of Covid-19.
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The Cost of Mining for Cryptocash
Bitcoin and ethereum have been on record runs higher in 2021, but mining for cryptocash is getting more expensive.