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D.C.-area cybertech companies persuade West Coast investors to head east

“All of that activity is persuading some well-known Silicon Valley investors to head east in search of opportunity” writes Aaron Gregg for washingtonpost.com. Cybersecurity companies in the District, Maryland and Virginia struck 47 deals with venture investors in 2017 compared with just 15 in 2011, according to an internal analysis by Paladin Capital, a D.C.-based venture capital firm. Source: washingtonpost.com Share This:

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China says open for trade with east Europe

“China has promised billions of dollars for development projects in central and eastern Europe as part of its Belt and Road strategy to carve out new export markets” writes Tsvetelia Tsolova for aol.com. More than 250 Chinese companies and 700 business people from central and eastern Europe were expected to attend an economic forum alongside the summit, seeking deals in trade, technology, infrastructure, agriculture and tourism.SOFIA, July 7 (Reuters) – China remains open for trade with foreign partners and can only benefit from an economically strong Europe, its leader said…

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Saudi denies tennis authorities’ allegation over pirated sports channel

“DUBAI (Reuters) – Saudi Arabia on Saturday denied allegations by the governing bodies of world tennis that a television channel illegally showing matches is based in the kingdom” writes Midwest Communications Inc for 95kqds.com. The statement was issued on the website of the Wimbledon grand slam tournament currently taking place in London, and followed similar complaints from world soccer body FIFA, European soccer body UEFA and Formula One. Source: 95kqds.com Share This:

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US braces for tropical storm this weekend

“A tropical storm is more likely to form in a low wind shear zone, rather than a high wind shear zone” writes Aol Staff for aol.com. Following Tropical Storm Alberto, which developed during Memorial Day weekend, there were no tropical storms over the Atlantic basin during June.The next names on the list of tropical storms for the 2018 Atlantic hurricane season are Beryl and Chris.”The only way this feature would impact the U.S. is if it became well-organized, such as a strong tropical storm,” according to AccuWeather Senior Meteorologist Dan…

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World tennis bodies accuse beoutQ of illegal Middle East broadcasts

“DUBAI (Reuters) – The governing bodies of world tennis called for the closure of television channel beoutQ on Thursday, saying it had illegally broadcast tennis content across the Middle East and North Africa without the right to do so” writes Midwest Communications Inc for 95kqds.com. “The world’s tennis governing bodies have joined forces to publicly condemn and call for the immediate closure of the illegal Saudi Arabian-based piracy operation, ‘beoutQ’,” the joint statement said.The International Tennis Federation (ITF), Association of Tennis Professionals (ATP), and other bodies said in a statement…

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SKorea drops max workweek to 52 hours to promote work-life balance…

“Under the law, which slashed the maximum weekly work hours to 52 from 68, workers in South Korea will be allowed to work 40 hours and an additional 12 hours of overtime” reports straitstimes.com. Before the change, South Koreans worked 52 normal hours and 16 hours of overtime, and were entitled to overtime pay for at least 16 hours a week. Source: straitstimes.com Share This:

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East Pittsburgh officer who shot and killed Antwon Rose charged with criminal homicide

“Michael Rosfeld, the East Pittsburgh police officer who shot and killed unarmed teenager Antwon Rose Jr. last week, has been charged with criminal homicide, court records show” writes Alex Horton Is for washingtonpost.com. Nationwide, police have shot and killed at least 491 people so far in 2018, according to a Washington Post database tracking such shootings. Source: washingtonpost.com Share This:

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