At its apex, Tumblr had more users than both Instagram, now estimated to be worth close to $200 billion to parent
Facebook,
and
Pinterest,
which has a market cap of nearly $18 billion. In 2013, Tumblr sold to
Yahoo
for $1.1 billion. On Monday, the pa…
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Cape Cod’s New Normal: Sharks Are Everywhere
WELLFLEET, Mass.During a recent morning surf at a town beach here, Andy Jacob spotted a dark shadow in the water just a few feet away. He assumed it was a gray seal because they are everywhere these daysuntil he got a better view.As clear as day, it was a gre…
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Fight Over For-Profit Colleges’ Funding Centers on Veterans
Jose Diaz-Buttler, a trained mechanic three years removed from the Navy, was seeking steady work in the Bay Area when the 2008 financial crisis hit. After initially contacting Heald College, a nearby for-profit school, to boost his job prospects, he found him…
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North Korea’s Missile Tests Fail to Provoke Response From Washington
SEOULNorth Koreas flurry of missile launches has unfolded with a familiar pattern, coming just days apart and reaching for similar goals. The tests grab international attention, boost domestic morale and flash anger at South Korea, Japan and the U.S.But the s…
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U.S. Issues Warrant to Seize Iranian Oil Tanker in Gibraltar
LONDONThe U.S. launched new legal action to detain an Iranian tanker in Gibraltar that has become a symbol of tensions between Tehran and the West, unveiling a warrant to seize the ship for alleged violations of American sanctions.In a federal warrant issued …
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SoftBank to Lend Founder and Employees Billions to Invest in Fund
SoftBank Group
9984 -1.11%
is leaning on its employees, including Chief Executive
Masayoshi Son,
for cash as the firm rushes to raise an ambitious technology fund amid volatile markets.The Japanese company plans to lend up to $20 billion to its employe…
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Silicon Valley Looks North as Tech Giants Expand in Toronto
TORONTOSilicon Valley is invading Toronto.Intel Corp.
has announced plans to build a graphics-chip design lab in Canadas largest city. Car-hailing service
Uber Technologies Inc.
will be opening an engineering hub. Googles parent,
Alphabet Inc.,
propose…
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Trump Administration Plans to Give Huawei More Time to Work with U.S. Customers
WASHINGTONThe Trump administration is preparing to extend the length of a license that has enabled Huawei Technologies Co. to continue working with U.S. customers despite national-security concerns that landed the Chinese telecom company on an export blacklis…
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