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MongoDB, a database startup with over $300 million in venture capital financing, has confidentially filed to go public, reports TechCrunch. At the time of its last private valuation in 2015, MongoDB was reportedly a $1.6 billion company. The Wall Street Journal reported in May that MongoDB had hired Goldman Sachs and Morgan Stanley to underwrite an IPO. A change to SEC regulations took effect earlier this summer, allowing any company to confidentially file to go public — a move intended to jump start the IPO market. Previously, this option had only been available to companies under a... [Read More]
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President Donald Trump melted down during a press conference at Trump Tower. The President defended his original statement on the violent white-nationalist protests in Charlottesville and even found time to plug his winery.During a trip to Virginia, I spent an afternoon at Trump Winery in Charlottesville. Donald Trump purchased the property in 2011, as well as the adjoining estate the following year. He subsequently handed over control of the enterprise to his son Eric. Even though the President-Elect said during a news conference in March that he owns it "a hundred percent," the winery's website states that it isn't... [Read More]
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LeBron James is eager to get back to basketball. Even though he played all the way into May while carrying the Cleveland Cavaliers to yet another NBA Finals appearance, LeBron James is ready for the 2017-18 season to get started so he can try and do it again. He said as much last week in a tweet, diagnosing himself with the "basketball Jones." Man I need some run!! Where y'all hooping at?? Off season please hurry up and end, I have basketball Jones!! — LeBron James (@KingJames) August 9, 2017 On... [Read More]
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With this armband, my things stay put and I can focus on running instead of juggling my phone and keys. Best of all? It's only $6. [Read More]
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The cryptocurrency market and ICOs are very complex and should not be something that investors jump into without a full understanding of what the risks are. [Read More]
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Here's how some of the biggest companies compare to each other and the US population. [Read More]
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"The NPS should reevaluate its decision and its capacity to protect the public during such a toxic rally." [Read More]
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"White people are pretty good at getting organized," said one. [Read More]
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President Donald Trump defended on Tuesday his decision to wait multiple days to condemn white-nationalist and neo-Nazi groups involved in violent clashes in Virginia, telling reporters, "before I make a statement, I like to know the facts." "I need the facts. I don't want to rush into a statement," he said at a press conference at Trump Tower in New York. But in reality, Trump has a long history of speculating on incidents both domestic and abroad before the facts have fully emerged. The following five moments show that when it comes to commenting on tragedy,... [Read More]
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Smartphones replaced TVs and computers as the dominant product in consumer electronics. But what will replace smartphones as the next king of the hill is still anybody's guess. Things like wearables, smart-home devices, and drones have all hit the consumer market with a bang, but no single technology has raced ahead of the others to be heralded as the next society-altering device. This chart from Statista used a recent forecast from the Consumer Technology Association to look at the various contenders and how they're expected to do this year. As the chart indicates, sales of wearables... [Read More]
Billionaire investor Warren Buffett's Berkshire Hathaway is having trouble figuring out how to spend its $100 million cash stockpile. [Read More]
The median home price in San Francisco hit $1.45 million in the second quarter. [Read More]
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If you're looking for dress clothes made to fit your body exactly, this is one of the easiest and most affordable ways to do so. [Read More]
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Republican lawmakers blasted President Donald Trump on Tuesday afternoon following a wild press conference where Trump doubled down on his claim that the violence at the Charlottesville "Unite the Right" rally was caused by "many sides." "The organizers of events which inspired & led to #charlottesvilleterroristattack are 100% to blame for a number of reasons," Sen. Marco Rubio tweeted. The rally was initially organized to protest the removal of a statue of Robert E. Lee, the Civil War general, but quickly grew into a confrontation between the alt-right and "antifa" or anti-fascist groups. "They... [Read More]
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The NBA released its schedule for the upcoming 2017-18 season on Monday, meaning we can finally begin to look forward to specific dates and matchups. The 2016-17 playoffs were marked by the dominance of the Golden State Warriors in the West and the Cleveland Cavaliers in the East, but things may be different this season. A lackluster offseason for Cleveland could lead to a wide-open conference, while several teams looking to challenge the Warriors in the West made aggressive deals to strike this year. With so many familiar faces on the move this offseason — as well... [Read More]
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President Donald Trump made a point to blame "both sides" for the violent protests in Charlottesville, Virginia over the weekend that resulted in three deaths. [Read More]
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Following his speech calling for unity after the weekend's violent white supremacist rally, President Donald Trump has resumed attacking his critics. [Read More]
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"The narrative about North Korea, a narrative I believe to be true and have since early March, is simple..." [Read More]
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Pool/Getty Images It's no secret that this White House tends to hemorrhage staff. But occupants of the West Wing aren't the only casualties of President Donald Trump's governing style. While Trump has repeatedly billed himself as pro-business, his rhetoric and actions around immigration policy, the environment, and the deadly white-supremacist rally in Charlottesville, Virginia, have alienated several business leaders. On Monday, Merck CEO Kenneth Frazier resigned from the president's manufacturing council in response to Trump's controversial initial response to the situation in Charlottesville. Frazier was the only black member of the manufacturing council.... [Read More]
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Intel released its mid-year diversity report on Tuesday, showing modest strides in company-wide efforts to support more women and minorities in its workforce by 2020. Almost seven out of ten US employees in "technical" jobs at Intel are white or Asian men. Women are just 26% of Intel's US workforce, up slightly from the 2015 level, but still well below the nearly 47% of the nation's workers that are women. And the number of African-Americans remained essentially unchanged at a mere 3.6% of the chipmaker's US workforce. This marks the half-way point in Intel's... [Read More]
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