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UPDATE 2-U.S. judge hammers Qualcomm in antitrust case, shares sink 13%
(Adds FTC comment and shares)By Sayanti Chakraborty and Jan WolfeMay 22 (Reuters) - Qualcomm Inc illegally suppressed competition in the market for smartphone chips by threatening to cut off supplies and extracting excessive licensing fees, a U.S. judge ruled, a decision that could force the company to overhaul its business practices.The decision issued late Tuesday…
LIFESTYLE NEWS
Women entrepreneurs in Kenyan industry struggle to access credit – study...
Nita Bhalla, Thomson Reuters FoundationNAIROBI, Sept 29 (Thomson Reuters Foundation) - Raising start-up capital is one of the biggest challenges for women entrepreneurs in Kenya’s key manufacturing sector, with banks requiring collateral that most of them do not have, a study said on Tuesday.Manufacturing contributes about 10% of Kenya’s gross domestic product but women account…
Iran official dismisses U.S. sanctions against judges, courts – Reuters UK
FILE PHOTO: U.S. President Donald Trump displays an executive order imposing fresh sanctions on Iran in the Oval Office of the White House in Washington, U.S., June 24, 2019. REUTERS/Carlos Barria(Reuters) - A top Iranian constitutional official on Friday dismissed the imposition of U.S. sanctions on Iranian judges for alleged gross human rights violations and…
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TECH AND GADGETS
The CEO of $111 million birth control startup Nurx told us...
Last month, Varsha Rao started as the CEO of the trendy health-tech startup Nurx, which sells prescription drugs online. About 10 days later, a searing New York Times exposé dismantled the company's culture and practices. Nurx's offerings include birth control pills, which are prescribed by doctors and then delivered to your door. Founded by two…
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LVMH says submits disputed Tiffany takeover for EU clearance – Reuters...
PARIS (Reuters) - LVMH said on Friday it had submitted its troubled takeover of Tiffany, which is now at the centre of a legal dispute between the two groups, for EU approval as it seeks to counter accusations that it deliberately stalled antitrust proceedings.The French group’s $16 billion acquisition of the U.S. jeweller turned sour…
PERFORMANCE TRAINING
Here are the 24 countries that are least ready for a pandemic
The coronavirus can be a serious issue for countries with low access to healthcare and inadequate prevention measures.Research from the Nuclear Threat Initiative, the John Hopkins Center for Health Security, and The Economist Intelligence Unit assessed how prepared 195 countries are for a major epidemic based on six health categories. The report found that overall, no…
DispatchTrack, a last-mile logistics platform, raises $144M in its first-ever funding
The current state of our COVID-19 world has underscored more than ever the need for reliable delivery and e-commerce services. Consumers sheltering in place are shopping at unprecedented levels online and getting items brought directly to their homes. Retailers urgently need web-based platforms that can help them manage, sell and bring their goods to those…
A top marijuana-focused fund is quietly raising $75 million to make venture investments in...
Morgan and Emily Paxhia, partners at Poseidon Asset Management. Courtesy of Poseidon Asset Management, Emily Paxhia A marijuana-focused investment firm started by a pair of Wall Street veterans just closed a $55 million fund While Pahxhia said that his firm has received a lot of interest from big funds, the fund will "touch the plant"…
Airbnb type business prompting county to consider nightly rental rules – The Daily World
In light of the success of Airbnb and other web-based lodging services, officials want to develop a set of rules for nightly rentals in unincorporated areas of Grays Harbor County. “We don’t really have a lot of common sense rules on how to govern these things because they’re fairly new,” Mark Cox, the county’s director…
Avalara Announces 17 Newly Certified Integrations Into Business Applications – Yahoo Finance
Avalara, Inc. (NYSE:AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced the release of 17 newly certified integrations with accounting, ERP, ecommerce, point-of-sale, mobile commerce, and CRM software applications." data-reactid="18" type="text">Avalara, Inc. (NYSE:AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced…
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ClauseMatch is targeting Asian expansion via Singapore (DB, BACHY, WBK)
click here. UK-based regtech ClauseMatch has launched Southeast Asian (SEA) operations out of Singapore, per a press release. Business Insider Intelligence The startup's Software-as-a-Service (SaaS) offering helps banks and financial institutions (FIs) manage regulatory compliance processes by streamlining internal policies, standards, and controls; one way it does this is through AI. ClauseMatch's Asia expansion via…
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