September 3, 2021 By Lawrence Hurley WASHINGTON (Reuters) – During a 2016 presidential debate, then-candidate Donald Trump made a statement that seemed brash at the time: If he were elected and got the chance to nominate justices to the U.S. Supreme Court, the Roe v. Wade ruling that legalized abortion would be overturned. By this […]
Australia’s TechnologyOne acquires UK-based higher-ed platform Scientia for $16.6M
TechnologyOne, an Australian SaaS enterprise, has agreed to acquire UK-based higher education software provider Scientia for £12 million /$16.6 million in cash. TechnologyOne claims to have 75% of Higher Education institutions in Australia using its software, while Scientia claims 50% market share in the UK. The acquisition includes an initial payment of £6m and […]
Analysis: U.S. Supreme Court’s rightward lurch put Roe v. Wade on the brink
September 3, 2021 By Lawrence Hurley WASHINGTON (Reuters) – During a 2016 presidential debate, then-candidate Donald Trump made a statement that seemed brash at the time: If he were elected and got the chance to nominate justices to the U.S. Supreme Court, the Roe v. Wade ruling that legalized abortion would be overturned. By this […]
MLB roundup: Giants end skid, move into tie for NL West lead
September 3, 2021 Darin Ruf broke an eighth-inning tie with a double after video review overturned what would have been the third out and Thairo Estrada followed with a three-run home run as the San Francisco Giants salvaged one win in their four-game series against the visiting Milwaukee Brewers with a 5-1 victory on Thursday […]
European bank stocks suffers brief dip after U.S. jobs data
September 3, 2021 LONDON (Reuters) – European shares briefly extended losses with a widely watched gauge of banking shares dipping 1% after data showed U.S. jobs growth in August missed estimates by a wide margin, fuelling fears that bets of a robust economic recovery may be overdone. The weakness in U.S. data rippled across markets […]
Cricket-Pope and Bairstow rebuild England innings after Yadav blows
September 3, 2021 LONDON (Reuters) – England’s Ollie Pope and Jonny Bairstow forged an unbroken 77-run partnership for the sixth wicket to guide the hosts to 139-5 against India at lunch on day two of the fourth test on Friday. England lost two wickets in the morning session to slump to 62-5 but Pope and […]
Extra Crunch roundup: cohort analysis, YC Demo Day recaps, building your supply chain
The ongoing fintech revolution continues to level the playing field where legacy companies have historically dominated startups. To compete with retail banks, many newcomers are offering customers credit and debit cards; developer-friendly APIs make issuance relatively easy, and tools for managing processes like KYC are available off the shelf. To learn more about the low […]
Apple delays plans to roll out CSAM detection in iOS 15
Apple has delayed plans to roll out its child sexual abuse (CSAM) detection technology that it chaotically announced last month, citing feedback from customers and policy groups. That feedback, if you recall, has been largely negative. The Electronic Frontier Foundation said this week it had amassed more than 25,000 signatures from consumers. On top of […]
Barbershop technology startup theCut sharpens its platform with new $4.5M round
TheCut, a technology platform designed to handle back-end operations for barbers, raised $4.5 million in new funding. Nextgen Venture Partners led the round and was joined by Elevate Ventures, Singh Capital and Leadout Capital. The latest funding gives theCut $5.35 million in total funding since the company was founded in 2016, founder Obi Omile Jr. […]
The Loot project flips the script on NFTs
Editor’s note: Kyle Russell is the founder of Playbyte, a startup building an app that lets people make games on their phones. Last Friday, Dom Hofmann tweeted the launch of Loot, one of his new projects looking at games and game creation through the lens of NFTs: LOOT – randomized adventurer gear– no images or stats. […]
Exclusive-FedEx faces labor union challenge over billionaire CEO’s pay
September 3, 2021 By Jessica DiNapoli (Reuters) – FedEx Corp shareholders should reject founder and CEO Fred Smith’s $54 million pay package because the logistics company gave him stock options after scrapping a cash bonus in the wake of the COVID-19 pandemic, only to reinstate it later, the Teamsters labor union said on Friday. Smith, […]
As U.S. unemployment benefits end, firms hope for a wave of applicants
September 3, 2021 By Ben Klayman and Timothy Aeppel (Reuters) – Joe Perkins, head of Michigan-based auto supplier Mobex Global, marked Labor Day weekend this year as more than a holiday or a symbolic nod to U.S. workers. It now carries real-world significance as the lapse of federal unemployment benefits on Sept. 4 brings hope […]
Soccer-Pjanic joins Besiktas on loan as Barcelona exits continue
September 3, 2021 BARCELONA (Reuters) – Miralem Pjanic has joined Besiktas on loan from Barcelona until the end of the season, the Turkish side confirmed on Friday as the Bosnian midfielder became the latest player to leave the Catalan club. Besiktas announced that they will pay 2.7 million euros ($3.2 million) in order to secure […]
Chevron braces for activist challenge; meets Engine No.1 representatives- WSJ
September 3, 2021 (Reuters) – Chevron Corp is preparing to defend itself against a potential challenge from activist investors and met with representatives of the pro-environment fund at the center of similar events at Exxon earlier this year, the Wall Street Journal reported on Friday, citing people familiar with the matter. Chevron shared some of […]
Customer experience startup Clootrack raises $4M, helps brands see through their customers’ eyes
Getting inside the mind of customers is a challenge as behaviors and demands shift, but Clootrack believes it has cracked the code in helping brands figure out how to do that. It announced $4 million in Series A funding, led by Inventus Capital India, and included existing investors Unicorn India Ventures, IAN Fund and Salamander […]
Canadian dollar forecasts turn less bullish as economy stumbles
September 3, 2021 By Fergal Smith TORONTO (Reuters) – There is less upside for Canada’s dollar over the coming year, according to analysts who are weighing the effect of a surprise contraction in the economy and signs of a cooler housing market on the Bank of Canada’s policy outlook, a Reuters poll showed. With about […]
Global equity funds see biggest inflow in 10 weeks -Lipper
September 3, 2021 (Reuters) – Global equity funds received large inflows in the week through Sept. 1 as dovish remarks from the Federal Reserve bolstered optimism in an economic rebound and eased fears of a sudden tapering in monetary stimulus. According to Lipper data, investors bought $19.19 billion in global equity funds in the week […]
Beijing city looks to take Didi under state control, Bloomberg News reports
September 3, 2021 (Reuters) -Beijing city is considering taking Didi Global under state control and has proposed that government-run firms invest in the Chinese ride-hailing company, Bloomberg News reported. The central thrust of the Beijing city government’s proposal is to regain control over one of its largest corporations, and particularly the data it holds, Friday’s […]
Analysis-Afghan Taliban victory brings new challenge: governing a country in crisis
September 3, 2021 By Gibran Naiyyar Peshimam (Reuters) – After a lightning military triumph and the departure of the last U.S. flight on Monday, the Taliban faces the challenge of forming a government that can unite different factions and rebuild Afghanistan after 40 years of war. The movement is expected to announce the makeup of […]
Brazil FX helped by solid trade surplus as domestic tensions intensify
September 3, 2021 By Gabriel Burin and Tushar Goenka BUENOS AIRES/BENGALURU (Reuters) – Brazil’s real will continue to get some aid this year from solid trade surpluses and further interest rate hikes that should help avoid bigger losses for the currency as domestic tensions intensify, a Reuters poll showed. The real has been rangebound, trading […]
