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YouTube will reportedly tackle TikTok with upcoming ‘Shorts’ video feed
There’s no doubt that TikTok and its format of short, music-backed video clips has been a runaway success, filling the void left behind by the likes of Vine years before it. Now, YouTube wants in. According to sources speaking with The Information, the Google-owned video giant is planning a Shorts…
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“A perfect storm for first time managers,” say VCs with their own shops (and who have advice)
Until very recently, it had begun to seem like anyone with a thick enough checkbook and some key contacts in the startup world could not only fund companies as an angel investor but even put himself or herself in business as a fund manager. It helped that the world of…
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Proposed amendments to the Volcker Rule could be a lifeline for venture firms hit by market downturn
In the wake of the financial crisis, Congress passed regulations limiting the types of investments that banks could make into private equity and venture capital funds. As cash strapped investors pull back on commitments to venture funds given the precipitous drop of public market stocks, loosening restrictions on the how…
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Detroit to be first to deploy Abbott Lab’s 5 minute Covid-19 test, mayor says
Detroit Mayor Mike Duggan said today on Wolf Blitzer’s CNN show that the city of Detroit is on track to be the first city to deploy Abbott Lab’s 5 minute Covid-19 test. The mayor said that the test would be available for first responders. The goal, he said, was to…
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Amazon’s Prime Video iOS app finally lets you purchase TV shows and movies
Apple and Amazon seem to have made nice, with the Prime Video app on iOS, iPadOS and tvOS now supporting in-app purchases. Apple device users, be it an iPhone, iPad or Apple TV, will now be able to rent or purchase anything from the Prime Video library directly from the…
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Facebook and Fox News hosting virtual town hall on coronavirus pandemic using Portal devices
Facebook and Fox News will be hosting a virtual town hall tomorrow at 7PM ET about the coronavirus pandemic using Facebook’s Portal video-calling devices, the two companies announced today. To allow people to participate virtually, Facebook is shipping a Portal Plus device to every audience member so they can attend…
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