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Authors of Controversial ‘Seattle Minimum Wage’ Study Revise Their Conclusions

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Seattle’s building up within the minimal salary “brought benefits to many workers employed at the time, while leaving few employed workers worse off,” experiences the New York Times — bringing up a brand new find out about through the similar researchers who’d claimed closing 12 months that staff had been …

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Beem It is coming for Australian businesses

Beem It is coming for Australian businesses

Instant bills will now be conceivable for businesses the usage of the unfastened app. The corporate at the back of immediate fee app Beem It has introduced it’s going to be bringing its product to the enterprise area with Beem It for Business. With a majority of small- and medium-business …

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Tesla Reports Third-Quarter Profit That Beats Market Expectations

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Rei writes: When Tesla introduced past due final yr that it used to be focused on sustained profitability in the second one part of 2018, reaffirming this goal throughout the year, the markets reacted with skepticism. Indeed, in spite of repeated insistence that the corporate had no use for a …

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Australia now has fewer female founders and almost half our startups are in Sydney

Australia now has fewer female founders and almost half our startups are in Sydney

Startup Muster’s 2018 document has discovered the collection of ladies founding startups to be not up to it used to be in 2016. The Startup Muster 2018 survey, which supplies a complete snapshot of Australia’s startup ecosystem, has discovered the glass ceiling has remained neatly and in reality in position …

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Samsung is Suing Its Brand Ambassador For Using an iPhone in Public

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Samsung is suing its Russian emblem ambassador for the usage of an iPhone X, challenging up to $1.6m in repayment, media reports submitted by readers said Wednesday. From a document: Russian emblem ambassador for Samsung, Ksenia Sobchak, is reportedly being sued via the South Korean smartphone manufacturer, for allegedly being …

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‘We Expected VR To Be Two To Three Times as Big’, Says CCP Games CEO

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CCP Games, the Icelandic studio identified for his or her long-running MMO Eve: Online (2003), shuttered their VR manufacturing studios in a marvel transfer final 12 months, promoting off their Newcastle-based department in the back of their multiplayer house dogfighter EVE: Valkyrie (2016), and entirely shutting down their Atlanta studio …

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Uber Planning Fleet of Food Delivery Drones ‘As Soon As 2021’

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At this yr’s Uber Elevate Summit in May, CEO Dara Khosrowshahi discussed the likelihood of a drone-based meals supply carrier. Now, it seems like a role posting has hinted that the corporate is looking to launch the service in 2021. Engadget studies: According to the Wall Street Journal, Uber is …

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Silicon Valley’s Dirty Secret: Using a Shadow Workforce of Contract Employees To Drive Profits

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An nameless reader stocks a document: As the gig financial system grows, the ratio of contract employees to common workers in company America is transferring. Google, Facebook, Amazon, Uber and different Silicon Valley tech titans now make use of hundreds of contract employees to do a host of purposes — …

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Richard Branson Steps Down As Chairman of Virgin Hyperloop One

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Richard Branson is stepping down as chairman of Virgin Hyperloop One — “the company that plans to build a supersonic transport system in the United Arab Emirates and other countries,” reviews Reuters. The reason why is since the corporate wishes a extra actively concerned chief. From the document: The Financial …

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Netflix To Raise $2 Billion In Debt To Fund More Original Content

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According to a press release posted these days, Netflix is planning to raise $2 billion to help fund new content, together with “content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.” TechCrunch experiences: The budget might be raised within the type of senior …

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