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December 5, 2019
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CNBC Business

‘Surgeon Simulator’ game creator raises up to $30 million in fundraising led by China’s NetEase

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A key purpose of the recent fundraising effort will be to fuel an expansion into China, sources say. Source link: Click here for more
CNBC Business

Once ambitious to expand into the US, some Chinese firms are now scaling back

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Chinese businesses have quietly scaled back from expanding in the U.S. amid the trade war and some are looking to places like Saudi Arabia, Russia and Japan. Source link: Click here for more
CNBC - Real Estate

Lost $1.25 billion on $934 million in revenue

CNBC Real Estate
Corp. Chief Executive Officer Masayoshi Son speaks during a joint announcement with Toyota Motor Corp. to make new venture to develop mobility services in Tokyo, Japan, 04 October 2018. Alessandro Di Ciommo | NurPhoto | Getty Images WeWork’s losses continued to mount in the third quarter, reflecting a fast-growth strategy...
CNBC Business

A new $400 million tech fund wants to help Europe compete with Silicon Valley and China

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Venture capital firm Balderton Capital has raised a new $400 million fund, which will be used to invest in early-stage European start-ups. Source link: Click here for more
CNBC Business

Rapper Chamillionaire launches $100,000 competition for minority start-ups

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To bring more awareness to a demographic of startup companies that have been historically underrepresented in the investment world, Chamillionaire, E40, and Republic.co, will be investing $100,000 in a minority or woman founded startup company. Source link: Click here for more
CNBC Business

Afrotech conference draws biggest names in tech to help Silicon Valley’s diversity problem

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Afrotech, a tech conference held in Oakland, Calif., aims to help black professionals network with some of the biggest companies in Silicon Valley. Source link: Click here for more
CNBC Business

Goldman Sachs leads $50 million investment in millennial credit-card start-up Deserve

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Most of the card industry still relies on 1970’s era technology, including mainframes and the COBOL programming language. Source link: Click here for more
CNBC Business

Lionel Richie and Jeb Bush back a start-up that aims to upend the $3 trillion US health-care system

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Heal is a start-up that delivers doctor services to one’s home through an app and provides all key medical tests. It has raised $75 million in venture capital and attracted such celebrity backers as Lionel Richie and former Florida Gov. Jeb Bush. Source link: Click here for more
CNBC Business

How a Tinder date helped YouTuber Caspar Lee launch his own marketing agency for influencers

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YouTube star Caspar Lee helped launch Influencer, a marketing agency for online celebrities, back in 2017. Source link: Click here for more

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