Delcie Bean Contributor Share on Twitter Delcie Bean is founder and CEO of Paragus IT. As the CEO of a tech company for 15 years, I have seen employees come and go for many reasons. But in the last four months, we have seen more turnover than in the previous two years combined. We’ve lost […]
Aurora Propulsion Technologies closes €1.7M seed for spacecraft maneuvering and deorbiting tech
More spacecraft will be sent to orbit this year than ever before in human history, and the number of satellite launches is only anticipated to increase through the rest of the decade. Under these crowded conditions, being able to maneuver satellites in space and deorbit them when they reach the end of their useful life […]
Proxy advisor ISS seeks vote against Zoom-Five9 deal on growth doubts
September 17, 2021 (Reuters) – Proxy advisory firm Institutional Shareholder Services on Friday recommended a vote by shareholders against Zoom Video Communications Inc’s $14.7 billion deal for cloud-based call center operator Five9 Inc, citing growth concerns. Though the combined company will have access to a larger market, ISS said, “The all-stock deal exposes Five9 shareholders […]
RBC unit resolves U.S. SEC charges over bond abuses, is fined
September 17, 2021 By Jonathan Stempel (Reuters) -A Royal Bank of Canada unit was censured and will pay more than $863,000 to resolve U.S. regulatory charges it broke rules meant to give retail and institutional investors priority in buying new municipal bonds. In a civil settlement announced on Friday, the U.S. Securities and Exchange Commission […]
WHO’s Tedros seen running unopposed for top job despite Ethiopia snub – sources
September 17, 2021 By Emma Farge, Francesco Guarascio and Giulia Paravicini GENEVA (Reuters) – The World Health Organization’s chief looks set to run unopposed for a second term at the helm as tries to guide the world through its biggest health crisis in a century, sources said. However, Tedros Adhanom Ghebreyesus lacks the support of […]
U.S. to target ransomware payments in cryptocurrency with sanctions – WSJ
September 17, 2021 (Reuters) – The Biden administration is preparing to take actions, including sanctions, to make it more difficult for hackers using digital currency to profit from ransomware attacks, the Wall Street Journal reported https://ift.tt/3hKs2yb on Friday. The U.S. Treasury department plans to impose sanctions as soon as next week, the report said, citing […]
IMF chief in spotlight after China rigging report
September 17, 2021 By Leigh Thomas PARIS (Reuters) – The International Monetary Fund’s ethics committee and board need to look into a report alleging its chief Kristalina Georgieva pressured staff to boost China’s ranking in a flagship report while at the World Bank, a French finance ministry source said on Friday. Georgieva has headed the […]
Factbox-Trump’s revenge endorsements drive Republican congressman from race
September 17, 2021 WASHINGTON (Reuters) – Former President Donald Trump has endorsed challengers to five congressional Republicans, part of his effort to assert dominance over the party after losing his November re-election bid to Democrat Joe Biden. Trump’s fire has been focused on the handful of Republican lawmakers who voted to impeach him on a […]
Second Dutch minister resigns over Afghan refugee crisis
September 17, 2021 AMSTERDAM (Reuters) – Dutch Defence minister Ank Bijleveld on Friday said she would resign over her handling of the evacuation of refugees from Afghanistan last month, following a similar move by Foreign minister Sigrid Kaag. A majority of parliament on Thursday said both ministers bore responsibility for the government’s slow response to […]
Extra Crunch roundup: Adtech investing, Intuit buys Mailchimp, ideal customer profiles
Major gains in online advertising have boosted valuations for adtech startups since the pandemic began, but one insider says investors are missing the party. “Adtech is having a moment,” writes industry veteran Casey Saran. “And while much of the oxygen has been soaked up by large legacy companies hitting the public market, there have been […]
Olympics – ‘Together for a Shared Future’ unveiled as motto for Beijing 2022 Games
September 17, 2021 (Reuters) – The Beijing 2022 Winter Olympics unveiled its official motto, “Together for a Shared Future”, during a ceremony at the city’s Capital Museum on Friday. Chen Ning, director general of Beijing 2022’s Culture and Ceremonies Department, said that the slogan was a commitment towards overcoming global challenges as a community with […]
Almost 90% of people in India’s financial capital have COVID-19 antibodies: survey
September 17, 2021 MUMBAI (Reuters) – Nearly 90% of people in India’s financial capital, Mumbai, are estimated to have COVID-19 antibodies, according to the civic body survey released on Friday. The fifth blood serum survey which tests for antibodies, known as a sero survey conducted between August and early September included 8,674 adults out of […]
A knock against bootstrapping
Natasha and Mary Ann and Alex were all aboard this week under the guidance of Chris and Grace, which meant we had the full team. And speaking of teams, Mary Ann is joining the Friday show on a weekly basis now. She’s been a friend for years, and a colleague now twice-over for Natasha and Alex and we could not be more […]
The value of software revenue may have finally stopped rising
Startups are raising record sums around the world, thanks to several contributing factors. As The Exchange explored yesterday, historically low interest rates have helped venture capitalists raise more capital than ever, to pick an example. Low rates have helped startups in another manner: As yields fell for certain assets, investors chased returns by betting on […]
Exclusive: China Evergrande’s lenders weigh up loan losses, rolling over credit – sources
September 17, 2021 BEIJING/HONG KONG (Reuters) – One of China Evergrande Group’s main lenders has made provisions for losses on a portion of its loans to the embattled property developer, while some creditors are planning to give it more time to repay, four bank executives told Reuters. The Chinese banks’ measures, reported for the first […]
U.S. sanctions several Hong Kong-based Chinese entities over Iran -website
September 17, 2021 (Corrects to clarify sanctions) WASHINGTON (Reuters) – The United States issued Iran-related sanctions targeting several Hong Kong-based Chinese entities, according to a notice posted on the U.S. Department of Treasury website on Friday. The entities listed include Black Drop Intl Co Ltd, China 49 Group Co Ltd, Damineh Optic Ltd, PCA Xiang […]
Canadian dollar clings to weekly gain as China injects liquidity
September 17, 2021 TORONTO (Reuters) – The Canadian dollar edged higher against its U.S. counterpart on Friday as the central bank of top commodity consumer China moved to calm markets, while Canada’s 10-year yield climbed to a five-week high. Copper prices rose after the People’s Bank of China infused liquidity to ease nerves caused by […]
November? December? Fed’s ‘taper’ timeline tied to volatile jobs data
September 17, 2021 By Howard Schneider WASHINGTON (Reuters) -The Federal Reserve, facing a labor market that may be stalling or on the cusp of a surge, is expected next week to open the door to reducing its monthly bond purchases while tying any actual change to U.S. job growth in September and beyond. Fed officials, […]
Pelosi predicts ‘what’s his name’ would fail in a 2024 White House run
September 17, 2021 (Reuters) – Former U.S. President Donald Trump might make another White House run in 2024, but if he does, he will take his place in American history as a two-time loser, House of Representatives Speaker Nancy Pelosi predicted on Thursday. Visiting England for a meeting of parliamentary leaders from G7 countries, the […]
Biden urges countries to join pledge to reduce methane emissions in climate fight
September 17, 2021 By Jeff Mason and Alexandra Alper WASHINGTON (Reuters) -U.S. President Joe Biden urged world leaders on Friday to join the United States and the European Union in a pledge to cut methane emissions to help build momentum ahead of an international summit on climate change later this year. Biden held a virtual […]
