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Venture firm Atomico signs up ex-Uber and Google managers
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LONDON (Reuters) – Atomico, which runs Europe’s largest independent venture fund, has hired former managers from Google and Uber to help drive international expansion for its portfolio of more than 50 start-ups and growth stage firms, it said on Thursday. Jambu Palaniappan and Steve Crossan who have both just been employed by Atomico, which runs […]

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Toyota to invest $1 billion in Southeast Asian ride-hailing firm Grab
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SINGAPORE (Reuters) – Toyota Motor Corp has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in the company’s ongoing financing round, which was launched after it bought the regional business of Uber Technologies Inc [UBER.UL]. FILE PHOTO: A logo of Toyota Motor Corp is seen at the company’s […]

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U.S. enterprise telecoms firm Avaya trades again after bankruptcy
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(Reuters) – Avaya Holdings Corp (AVYA.N) shares started trading on Wednesday on the New York Stock Exchange, the first time the enterprise telecommunications provider has been public in more than a decade. Shares ended down 0.9 percent at $20.80. Avaya spent the past year sorting its financials in a Chapter 11 bankruptcy process before listing […]

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Mapping firm HERE looks beyond driverless cars
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FRANKFURT (Reuters) – HERE, the digital mapping company controlled by Germany’s premium carmakers, aims to expand its business not only to offer navigation for self-driving cars but also drones and advanced robotics, Chief Executive Edzard Overbeek told Reuters. “We are expanding our strategy not just in autonomous driving but also in autonomous things,” Overbeek said […]

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