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Coatue to close European office / VC investors reduced crypto dealmaking in 2023 / French VC funding dips to lowest level since 2016

Plus, Thrive Capital plans to raise $3B fund Inside Venture Capital For January 09, 2024 Thank you to our sponsor Here's a look at today's VC briefing. * 🇪🇺 Tech downturn forced Coatue Management to close its European office  * 📉 VC investors drastically reduced their crypto dealmaking in 2023  * 🇫🇷 French VC funding dipped to the lowest level since 2016  Thank you. Karan p/karan-chafekar 1 Investment firm Coatue Management is shutting down its European office due to the global technology downturn. The news comes just two years after it established an office in Europe. Despite the closure, Coatue remains committed to European ventures, per an internal memo seen by Bloomberg.  More: * The firm cited the need to streamline its investment approach and prioritize domain expertise over regional coverage as the core reasons for its withdrawal from Europe.  * Coat

Accenture buys Work & Co. / Deep Dive: U.S. candy makers face sugar shortage / J&J acquires Ambrx for $2B in cancer drug deal

Plus, Radio thrives amid media evolution Inside Business For January 09, 2024 Thank you to our sponsor Here's your daily business briefing. * 🤝 Accenture buys Work & Co., a marketing and tech agency * 🍬 Deep Dive: U.S. candy makers face sugar shortage * 💊 J&J acquires Ambrx for $2B in cancer drug deal Thanks for reading!! Shriram p/Shriram 1 Accenture Song, Accenture's ($ACN) creative services division, is acquiring digital design and technology agency Work & Co., known for prominent clients like Apple, Google, Pfizer, and the PGA Tour. The anticipated deal, set to close this month, seeks to bolster Accenture's expertise in crafting digital products, including apps, chatbots, and e-commerce platforms. More: * Founded in 2013, Work & Co. broadened its scope during the pandemic, concentrating on developing digital goods and revamping customer e-comm

Waymo gears up for highway testing / Jet Blue CEO steps down / Kia showcases new EV lineup at CES

Plus, VW adds ChatGPT Inside Transportation For January 09, 2024 Thank you to our sponsor Here is your Transportation briefing:  * 🚁 Joby Aviation revealed plans to construct eVTOL charging stations in Southern California. * 🚚 Kia unveiled its latest lineup of EV truck models. * 🚗 Waymo announced plans to test self-driving cars on highways in Arizona. Thanks for reading!  Robel p/Robel-Kelkile 1 Waymo announced plans to initiate highway testing for its driverless passenger vehicles in Phoenix, a significant advancement that could lead to expanded commercial operations if successful. The company's Jaguar I-Pace SUVs will begin autonomously shuttling employees on freeways after extensive testing with operators behind the wheel. More: * Driverless highway services will start with employee shuttles before extending to regular customers in Phoenix, although no specific timelin

Carta to shut secondary market business / AppDirect raises $100M debt from CDPQ / Flexe lays off 38% of its workforce

Plus, Ant Group to acquire MultiSafepay for $200M Inside Startups For January 09, 2024 Thank you to our sponsor Here’s a look at today’s Startups briefing. * 🚫 Carta to shut secondary market business for misusing client’s information. * 🏦 Canadian pension fund provides $100M debt to AppDirect.  * 🤝 Ant Group to continue expanding into Western markets with MultiSafepay acquisition.  Thank you. Karan p/karan-chafekar 1 Fintech startup Carta Inc. is closing down its secondary share trading division after it received backlash for misusing clients' information. The firm allegedly used confidential cap table data of clients to facilitate trades.  More: * Software startup Linear Orbit Inc.'s CEO Karri Saarinen accused Carta of using its investors' data to approach them about selling shares on the secondary market.  * Saarinen wrote on LinkedIn, "As a founder, it fe

Sycamore acquires Chico's / Amer to list on NYSE / Amazon's "dangerous partnership"

Plus, Ant Group plans to acquire MultiSafepay Inside Ecommerce For January 09, 2024 Thank you to our sponsor Today's e-commerce briefing digs into: * Sycamore's $1B acquisition of Chico's * Amer Sports' IPO filing * Amazon's alleged "dangerous partnership" with virtual casinos Enjoy! Gregory p/Gregory_Bridgman 1 Sycamore Partners closed its $1B acquisition of Chico's. Sycamore has made several previous attempts to acquire the women's apparel retailer. More: * Sycamore agreed to acquire Chico's FAS for $7.60 per share in September. * The deal was set to close by the end of Q1 2024, subject to shareholder approval. * Chico's and Sycamore announced on Friday that the deal closed after no other suitors came forward.  * Chico's will join Sycamore's KitWell group, which includes brands such as Talbots and Loft. * KnitWell

Online earnings: Man reveals lucrative job commenting on blogs, earn up to n13k daily on fiverr

A tiktok user has shared an exciting online job opportunity on fiverr that allows individuals to make a daily income of $15 (equivalent to n13,000) simply by commenting on blog posts. the disclosed method involves becoming a commenter on fiverr, where skilled individuals offer their services to bloggers seeking comments to enhance their google ranking.  the process, outlined in a tiktok video by user @makemoneyonlineinnigeria, details how interested individuals can create fiverr accounts, list themselves as commenters, and kickstart their online earning journey. upon listing their commenting service, individuals stand a chance to be hired by bloggers who provide blog posts for them to comment on.  further investigation reveals that several professional commenters are already offering their services on fiverr, charging fees such as $15 (n13,000) for 15 comments under blog posts. this revelation opens up a promising avenue for those looking to work from home and capitalize on the va

VinFast eyes India for next factory / Uber pilots flex pricing / Truck jobs up slightly

Plus, Tesla updates its range Inside Transportation For January 08, 2024 Thank you to our sponsor Here is your start of the week Transportion briefing:  ✈️ The FAA mandated a temporary grounding of Boeing 737 Max 9s. ⚙️ VinFast revealed intentions to establish a car factory in India. 🚗 Tesla modified the Model Y's advertised driving ranges. Thanks for reading!  Robel p/Robel-Kelkile 1 The FAA ordered a temporary grounding of Boeing 737 Max 9s after an incident on an Alaska Airlines flight.  The move led to inspections affecting 171 planes worldwide: More: FAA issued an emergency directive for inspections after a hole blew out mid-flight on an Alaska Airlines plane. No serious injuries were reported among 171 passengers and six crew members. Alaska and United Airlines grounded their Boeing 737 Max 9 fleets as a precautionary measure. An investigation by the NTSB started; they sought public help to find the