Unilever is spending billions to boost its India presence

New Delhi (CNN Business)Unilever is boosting its presence in India by buying some of the country’s top nutritional drinks. Unilever will also be getting its hands on Boost, another of India’s most popular malted drinks. It has endorsement deals with some of India’s biggest sports celebrities, including cricket icon Sachin…

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Cross-border fintech startup Instarem raises $20M for global expansion

Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The round is led by MDI Ventures — the VC arm of Indonesian telecom operator Telkom — and Beacon — the fund belonging to Thai bank…

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Startup Rocket Lab puts 6 small satellites into orbit

New York (CNN)A scrappy American rocket startup just set the bar in the red-hot market for companies that launch small satellites. “[My team] built a beautiful machine,” Rocket Lab CEO Peter Beck told CNN Business on Sunday. Why smallsats? Just as cell phones have shrunk, similar technological advancements have made…

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Francis Fukuyama: Trump instinctively picks racial themes to drive people on the left crazy

In 1989, the economists essay The End of History? asked whether liberalism had triumphed over ideology. History, however, had other ideas and his new book responds to the return of extremism Every thought-leader needs a catchy leading thought. Francis Fukuyama made his name and fortune with the definitive one-liner political…

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Melinda Gates’ New Research Reveals Alarming Diversity Numbers

Executives at tech companies say gender diversity matters. They opine that there aren’t enough women in tech, and express outrage and frustration that just 11 percent of senior tech leaders are women. But in reality they spend very little of their philanthropic dollars attempting to close this gender and race…

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Europe’s New Copyright Law Could Change the Web Worldwide

The European Parliament passed sweeping copyright legislation Wednesday that, much like its privacy regulations, could have impact far beyond Europe. Critics argue that the most controversial part of the proposal will effectively force all but the smallest website operators to adopt "upload filters" similar to those used by YouTube, and…

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Share buybacks boom as Trump lifts all

Analysis shows just 6% of corporate gains from Trumps tax cuts have trickled down to workers as raises, bonuses and investments US stock markets keep hitting record highs as anyone who follows Donald Trumps Twitter account cant help but notice. And according to a paper by NYU economist Edward Wolff.…

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Schools Are Mining Students’ Social Media Posts for Signs of Trouble

Aaah, the traditions of a new school year. New teachers, new backpacks, new crushes—and algorithms trawling students’ social media posts. Blake Prewitt, superintendent of Lakeview school district in Battle Creek, Michigan, says he typically wakes up each morning to twenty new emails from a social media monitoring system the district…

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Tesla Board WeighsMusk’s Go-Private Gambit Doubted by the Market

Wall Street and Washington have the same question for Elon Musk: Where’s the money? Two days after he vowed on Twitter that he had “funding secured” for a spectacular $82 billion deal to take Securities and Exchange Commission starts investigating the matter. Regulators have asked the company if what Musk…

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Godfather of GMOs Wants Consumers to Be Less Afraid of His Food

Three decades ago, Robert T. Fraley helped invent the genetically modified seeds that have become a $17 billion global industry and ushered in a new era of agricultural productivity. So it’s little surprise that this longtime Source: International Service for the Acquisition of Agri-Biotech Applications * sugar beet, potato, apple,…

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China Begins to Question Whether Its Ready for a Trade War

Xi Jinping vowed to match fell below forecasts last month and economists warnings about a repeat of the market’s collapse in 2015, the last time China saw such open criticism of economic policymakers. “People are going to look back at this year as the pivot point when Xi Jinping overreached…

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Friday’s Massive Comcast Outage Shows How Fragile the Internet Is

Widespread internet outages around the United States on Friday afternoon quelled productivity and sent irate customers to Twitter to complain. Comcast and Xfinity suffered the biggest service interruptions across its internet, cable, and landline products. The company, which has more than 29 million business and individual customers, said on Friday…

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