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Friday, 31 July 2020

Rakuten confirms it is shutting its US online retail store, originally known as Buy.com, over the next two months; Rakuten bought Buy.com for $250M in 2010 (Devin Coldewey/TechCrunch)

Devin Coldewey / TechCrunch:
Rakuten confirms it is shutting its US online retail store, originally known as Buy.com, over the next two months; Rakuten bought Buy.com for $250M in 2010  —  Japanese conglomerate Rakuten has pulled the plug on its U.S. online retail store, originally known as Buy.com …



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...