The Chinese digital economy can’t be slowed down. Heres a look at how and why.

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Image: Photo by Wolfram K from Pexels Anyone who regularly reads business news will recognize the Chinese companies consistently making headlines: Alibaba, Baidu, Tencent, and Xiaomi. These companies have established a major role in the global economy. Today, they dominate everything from e-commerce to the Chinese entertainment industry. One of the reasons these organizations have […]

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FabFitFun surpasses $200 million in revenue as it hits million-subscriber milestone

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“When we think of the potential behind the business … there are a few businesses in the world for whom membership is a no brainer.  FabFitFun expands its video reach with a new experiment in live programming The company’s reach spans demographics and geography, according to co-chief executives (and brothers) Daniel and Michael Broukhim, with […]

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Elon Musk says ‘Teslaquila’ is ‘coming soon’ as Tesla files trademark

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Billionaire tweets visual approximation of bottle as company applies to use the name for tequila branded after the electric cars Elon Musk is hitting the bottle well, probably. Tesla has trademarked Teslaquila, a tequila branded after his electric car company. The product started as an April Fools joke when Musk claimed Tesla was going bankrupt […]

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Cannabis capitalism: who is making money in the marijuana industry?

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Marginalized groups that championed legalization struggle to compete with corporate refugees jumping on the bandwagon Two hours north of San Francisco, in Mendocino county, orderly roadside vineyards give way to the rugged forests and misty coast of the Emerald Triangle, Americas most celebrated marijuana growing region. In June, more than 300 cannabis industry insiders gathered […]

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Asshole Client Bullies This Artist To Make A Halloween Costume For His Son Without Paying For His Time

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This parent, in a post shared by Imgur user Ashontez, is clearly feeling the pressure. Or perhaps he is just an asshole. Either way, the post clearly highlights the kinds of situations that people who work for commission regularly find themselves in, overworked and underappreciated by customers who expect personalized, custom made work done for […]

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Whole Foods v vegans: Berkeley store gets restraining order against activists

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The order is the latest in a tense standoff with an animal rights group that has staged protests at the store for several years For a full week, a big black banner was posted from a sidewalk in Berkeley, California. OCCUPY WHOLE FOODS, it declared in large, white block letters. But the protesters who created […]

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Amazon investigates claims staff are leaking data for bribes

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Employees are offering confidential information to sellers, according to report Amazon is investigating claims that employees have taken bribes for leaking confidential sales information, particularly in China, as it the Wall Street Journal reported, citing sellers, brokers and people familiar with internal investigations. The practice violates company policy and is common in China, where the […]

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US economists win Nobel prize for work on climate and growth

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William Nordhaus and Paul Romer honoured over two of most basic and pressing issues Two American economists at the forefront of work on climate change and the role of governments in boosting growth have been jointly awarded the prestigious Nobel Memorial prize for economics. The Royal Swedish Academy of Sciences said William Nordhaus and Paul […]

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