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This week: The hot unicorn summer is here
Once upon a time a startup that attained a $1 billion valuation was a rare feat - rare enough that those that achieved it were called unicorns. Today, unicorns are seemingly everywhere and new ones are being created all the time.
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Impossible, right? After all, Amazon is currently facing the most intense antitrust scrutiny in its nearly three decades of existence. And the FTC's new chairwoman, Lina Khan, is an avowed Amazon skeptic (so much so that Amazon is trying to force her to sit out any proceedings involving the company).
Spinoffs and acquisitions are all just hypotheticals of course. Far less speculative is a stronger alliance between AWS and Salesforce, building on their 2016 partnership. That's because each party provides something the other doesn't currently have in their product offerings. Together (particularly once Salesforce's acquisition of Slack closes) they can offer a more well-rounded alternative to their mutual enemy: Microsoft.
Insider obtained emails and other documents through freedom of information requests to piece together the makings of a curious deal that raised eyebrows when it was hastily announced this month.
The documents show how starstruck city officials turned to a tech-industry celebrity to solve a difficult problem and - for the moment at least - ended up instead agreeing to buy something they hadn't been looking for, and may not really need.
Some 3,800 Sony PlayStations were discovered in the facility, located in a town about three hours outside the capital of Kyiv, along with 5,000 computers, 50 processors and an assortment of notebooks, phones and flash drives.
For their alleged theft of electricity, water and thermal energy, the crypto miners now face criminal proceedings. And investigations are underway to identify other conspirators.
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Uber's CEO says he 'nearly got killed' while delivering for UberEats on bike in San Francisco
A rare first-edition copy of 'Super Mario 64' just sold for over $1.56 million, making it the most expensive video game in the world - here's why it cost so much
Some Apple staff have quit because of the company's stance against remote working, a report says