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Blind loyalty

There is a secret behind every open office in Silicon Valley — and it isn’t the drain on productivity. Tech companies have been the vanguards for pushing corporate culture forward toward “radical transparency.” Mark Zuckerberg works in a fully transparent four-walled glass office surrounded by the rest of Facebook. Valve …

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Twilio came ahead of expectations and the stock is going nuts

Twilio today reported a positive quarter that brought it to profitability — on an adjusted basis — ahead of schedule for Wall Street, sending the stock soaring 16 percent in extended hours after the release came out. While according to traditional accounting principles Twilio still lost money (this usually includes …

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July sets a record for number of $100M+ venture capital rounds

In July 2018, the tech sector’s leisure class — venture capitalists — kicked investments into overdrive, at least when it comes to financing supergiant venture rounds of $100 million or more (in native or as-converted USD values). With 55 deals accounting for just over $15 billion at time of writing, July likely …

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India may become next restricted market for U.S. cloud providers

Data sovereignty is on the rise across the world. Laws and regulations increasingly require that citizen data be stored in local data centers, and often restricts movement of that data outside of a country’s borders. The European Union’s GDPR policy is one example, although it’s relatively porous. China’s relatively new …

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