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Pee-wee’s Hollywood Hills playhouse is up for sale for $5 million after actor Paul Reubens’ death
03 Jun

Pee-wee’s Hollywood Hills playhouse is up for sale for $5 million after actor Paul Reubens’ death

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Paul Reubens bought his Los Feliz home for $415,000 with earnings from "Pee-wee's Big Adventure."Now, a year after his death from cancer, the estate has been listed for sale at $4.995 million.Built in 1957, the midcentury modern home features sweeping views of LA and the Hollywood Hills. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the…
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Top MBAs are flocking to search funds. One Harvard grad explained why he founded a $600,000 fund to buy tech companies.
03 Jun

Top MBAs are flocking to search funds. One Harvard grad explained why he founded a $600,000 fund to buy tech companies.

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During his MBA at Harvard Business School, Gaurav Singh pursued a tennis coaching app that didn't gain much traction with venture capitalists.The app ultimately failed, and after graduation, he worked for a year and a half at an artificial intelligence startup in Toronto before exploring other avenues. He landed on an option that's becoming increasingly popular with top MBAs and entrepreneurs: launching his own search fund.In February, Singh, 31, founded Guddi Growth. The Toronto-based search fund focuses on buying software-as-a-service companies with annual recurring revenue of at least $5 million.Lower salary — but a big potential paydayA search fund founder…
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Chinese companies are setting up shop anywhere but China — and the US
03 Jun

Chinese companies are setting up shop anywhere but China — and the US

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As China's economy struggles to recover from the pandemic, Chinese companies are looking for new growth opportunities — and many are finding them overseas.Chinese companies like social media giant TikTok and IT giant Lenovo are already globally competitive behemoths with compelling products.Others are now following in their footsteps. They include electric vehicle-makers BYD and Chery, as well as consumer brands like Luckin Coffee. Even behemoths like Alibaba are looking outside China for opportunities as growth slows at home."The current economic climate, characterized by increasing competition and market saturation within China, incentivizes companies to explore and establish a presence in international…
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Meta’s election tools have been blocked over privacy concerns ahead of European Parliament elections
02 Jun

Meta’s election tools have been blocked over privacy concerns ahead of European Parliament elections

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A Spanish data watchdog has put the brakes on two election products from Meta that were meant to roll out ahead of the upcoming European election.The Spanish Data Protection Agency suspended Meta's Election Day Information and Voter Information Unit products amid concerns that they collected unnecessary election data from Facebook and Instagram users, the agency announced on May 31.The products would have provided reminders to Facebook and Instagram users about the European Parliament elections, which are set to begin June 6. But the Spanish Data Protection Agency said Meta would be able to "process personal data such as, among others,…
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Trump once backed a TikTok ban. Now he’s joined the app as he races Biden for young voters.
02 Jun

Trump once backed a TikTok ban. Now he’s joined the app as he races Biden for young voters.

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Trump has joined TikTok — nearly four years after he sought to ban the app in the US as president."It's my honor," the ex-president said in his first video.Both Trump and Biden are looking to reach young voters through the popular video-sharing app. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. As president, Donald…
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