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BlackBerry is buying Cylance for $1.4 billion to continue its push into cybersecurity

BlackBerry was best known for keyboard-totting smartphones, but their demise in recent years has seen the Canadian firm pivot toward enterprise services, and in particular, cybersecurity. That strategy takes a big step forward today after BlackBerry announced the acquisition of AI-based cybersecurity company Cylance for a cool $1.4 billion. Business Insider reported that a deal […]

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Facebook has other ties to Definers, the GOP-led opposition research group

In the wake of a fairly catastrophic behind the scenes glimpse into Facebook’s high-level decision making, one question remains: Who brought a controversial Republican opposition research firm into the fold? In a long call with reporters on Thursday, Mark Zuckerberg denied any knowledge of his company’s own dealings with Definers Public Affairs, the firm in […]

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China’s Craigslist continues growth after netting 100 million small-town users

58.com, the Craigslist of China, is making a massive push to pick up rural users as it hedges China’s economic uncertainties. During the third quarter, revenues grew 33.2 percent, to $527 million, and net income jumped 106 percent, to $106 million year-over-year.  The classifieds giant said in Thursday’s earnings call that it added more than 100 million […]

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Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies Kenya’s Twiga Foods has raised $10 million from […]

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Alibaba and Amazon move over, we visited JD’s connected grocery store in China

The arms race to build the future of grocery stores is heating up in China. To no one’s surprise, the main contestants are the country’s ecommerce titans Alibaba and JD.com, which are turning offline for growth. Online retail has flourished in China, but it still accounts for less than 20 percent of the nation’s overall consumption, according […]

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