(Corrects dateline to Aug 29, no change to story text) BEIJING (Reuters) -China Petroleum & Chemical Corp on Sunday reported a 39.15 billion yuan ($6.05 billion) net profit for the first six months of 2021 on the back of renewed fuel demand and a rebound in oil prices amid a recovery from the impact of…
Urbanbase, a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 million (13 billion won) in a Series B+ round as it scales up. This round of funding was led by Hanwha Hotel & Resort, which is a subsidiary of South Korean conglomerate Hanwha…
Hurricane Ida made landfall in Port Fourchon, Louisiana, on August 29, the same day Hurricane Katrina struck the area 16 years ago.It currently has maximum sustained winds of 145 mph, making it a Category 4 hurricane. The storm surge could reach as high as 16 feet from Port Fourchon to the mouth of the Mississippi…
Sen. Mitt Romney on Sunday said that the current on-the-ground situation in Afghanistan is a consequence of policy failures made by President Joe Biden and former President Donald Trump.During an appearance on CNN’s “State of the Union,” the Utah Republican told host Jake Tapper that the rush to withdraw Afghan allies and Americans was “preventable”…
Dr. Yifat Aran is a visiting scholar at the Technion, Israel Institute of Technology, and an Assistant Professor in Haifa University Faculty of Law. She earned her JSD from Stanford Law School where her dissertation focused on equity-based compensation in Silicon Valley startups. More posts by this contributor The ownership of startups is often a…
Jennifer Fan is an assistant professor of law and director of the Entrepreneurial Law Clinic at the University of Washington School of Law. Startups have a seemingly intractable problem: a lack of diversity. Despite research showing that diverse founding teams have a higher rate of return than white founding teams, one characteristic of startups remains…
© Reuters. U.S. President Joe Biden arrives for a virtual briefing with FEMA Administrator Deanne Criswell on preparations for Hurricane Ida at the White House in Washington, U.S., August 28, 2021. REUTERS/Elizabeth Frantz WASHINGTON (Reuters) -U.S. President Joe Biden on Saturday said he has spoken to governors of states in the Gulf of Mexico region…
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by what the weekday Exchange column digs into, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here. The debate over remote work, office culture, how to manage teams of distributed staff and the like…
ATLANTA and NEW ORLEANS, Aug. 28, 2021 /PRNewswire/ — Due to documented reports of exponential spikes in new COVID-19 cases across Louisiana, including the spread of the highly infectious Delta Variant, the 2021 Bronner Bros. Int’l Beauty Show, scheduled to take place in New Orleans (NOLA) August 28-30, 2021, has been postponed. The new date…
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone.…
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