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The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

There were, of course, those who used the opportunity to make a marketing push or pitch a story. The on-demand shuttle startup raised $400 million, TechCrunch learned. Moovit, an Israeli-based Mobility as a Service startup, launched an Emergency Mobilization On-Demand service. ” Layoffs in a time of COVID-19.

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International Rectifier To Close El Segundo Plant

socalTECH

The firm blamed weak demand in its markets for the move, which came after it its results showed a 15 percent decrease in year-to-year, fourth quarter results. The firm cited weak end-market demand, particularly in Asia and Europe, for the move, and also said it is looking at resizing its Newport, Wales fabrication facility.

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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

Although his focus is naturally on bigger companies, I contend that his recommended strategies apply equally well to entrepreneurs and startups: Demand a mindset of deep thinking for the long term. These days, the market is moving so fast that it is rarely adequate to rely only on internal development to keep up with change.

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Body Language is Half of Business Communication

Startup Professionals Musings

This total rate now exceeds 7 billion texts sent per day, according to a new mobile marketing website (more than one per day for every person on earth). An example would be sitting down to meet with a key vendor, rather than standing to deliver demands. But are these text messages an efficient and appropriate business tool?

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Wag Buys Back Stake From SoftBank, Now Seeking Buyer

socalTECH

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, and is now seeking a sale, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund.

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Wag Buys Back Stake From SoftBank

socalTECH

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund.

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Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. Things have already plunged so quickly at the signal of a recession that insiders fear a lengthy bear market could hit crypto far more brutally than expected — tearing tokens to lows far below the highs of the 2017 bull run. Welcome back to Chain Reaction. crash redux.