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Pompeo says Huawei CEO lying over ties to China government: CNBC

Pompeo says Huawei CEO lying over ties to China government: CNBC

WASHINGTON (Reuters) – U.S. Secretary of State Mike Pompeo said on Thursday the chief executive of China’s Huawei Technologies was lying about his company’s ties to the Beijing government, and he believed more American companies would cut ties with the tech giant. The United States placed Huawei Technologies Co Ltd on a trade blacklist last [...]

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Veteran German auto boss joins board of U.S. self-driving software startup

Veteran German auto boss joins board of U.S. self-driving software startup

NEW YORK (Reuters) – A company working to make open-source self-driving software reliable enough to be used in commercially available vehicles said it had hired a former German car boss as it seeks to expand its reach. Palo Alto, California-based Apex.AI has added Karl-Thomas Neumann, an industry veteran who in the past served as the [...]

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TransferWise closes $292 million secondary funding round at $3.5 billion valuation

TransferWise closes $292 million secondary funding round at $3.5 billion valuation

(Reuters) – Money transfer startup TransferWise has closed a $292 million secondary funding round which doubles its valuation to $3.5 billion, the company said on Wednesday. The round was led by growth capital investors Lead Edge Capital, Lone Pine Capital and Vitruvian Partners, TransferWise said. Existing investors including Baillie Gifford and Andreessen Horowitz expanded their [...]

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