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Hulu Drops Prices After Netflix Raises Prices

January 26, 2019 | Meg Add to my favorites Just a few days after Netflix announced they’ll be raising prices on all streaming plans, Hulu just announced that they are dropping prices on their Basic Streaming Plan. Starting February 26th, Hulu will be dropping their Basic Streaming Plan down to …

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Memo by Trump’s attorney general pick raises alarms on Russia probe’s future By Reuters

© Reuters. U.S. Attorney General Jeff Sessions and Deputy Attorney General Rod Rosenstein hold a news conference By David Shepardson and Lisa Lambert WASHINGTON (Reuters) – Top Democrats in the U.S. Senate are sounding alarms about the special counsel’s investigation into possible Russia election meddling, saying President Donald Trump’s pick …

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Fed’s Mester raises GDP outlook, still thinks gradual rate increase path appropriate

Cleveland Federal Reserve President Loretta Mester raised her outlook for the economy and gross domestic product for 2018, adding that the central bank’s plan for gradual interest rate increases is appropriate. “I’ve been upping my forecast. I’m now at 2.75 percent to 3 percent for the year, probably closer to …

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Slack raises $427 million funding round at $7.1 billion valuation

Slack, maker of the popular business messaging app, is now worth more than $7.1 billion. The San Francisco-based company said on Tuesday that it closed a $427 million funding round, padding its balance sheet as it takes on some of the world’s biggest tech companies, including Google, Microsoft and Cisco. …

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Wells Fargo raises Nvidia price target to $315 from $140 in rare double upgrade

Wells Fargo Securities is now a big believer in Nvidia’s prospects. In a rare move, the firm raised its rating two notches to outperform from underperform for Nvidia shares, citing the strength of its artificial intelligence and cloud computing markets. It also raised its per-share price target to $315 from …

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NewTV raises $1 bln, and Kodiak scores funding 

Naspers is putting more money into LetGo, a mobile marketplace for used goods that competes with Craigslist, eBay, and Facebook Marketplace, along with start-ups like OfferUp. Naspers has committed to pour $500 million more into LetGo, with $150 million invested so far. LetGo was earlier backed by NEA, Insight Venture …

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WeWork raises $1 billion from SoftBank as revenue — and losses — surge

WeWork, the fast-growing coworking company gobbling up commercial office leases, said on Thursday its second-quarter sales more than doubled from a year earlier as it added new members at a quickening pace, but losses also mounted. The company also said it raised an additional $1 billion from Japan’s SoftBank. In …

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