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Global Investors Eye AltFin, HR Tech With B2B Investments

“The company, based in Singapore, saw the Series B investment led by FMO, based in the Netherlands” reports pymnts.com. Fuel Ventures led the investment round, reports said, with CreditDigital aiming to use the investment to strengthen its product offering and position in the U.K. market.With new funding led by SFW Capital Partners, Greenshades Software said it will focus on expanding its portfolio of products, which currently includes payroll, tax and human capital management services for its corporate customers.Finturi hasn’t officially launched its platform, but reports said the company continues to…

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Sketch Secures $20M in Series A Funding

“Sketch, a The Hague, Netherlands-based provider of a digital design tool kit, secured $20m in Series A funding” reports finsmes.com. The company intends to use the funds to continue to build the product and scale the best version of its platform.Founded in early 2008 by Pieter Omvlee and Emanuel Sá, the company provides a tool for designing user interfaces, websites, and icons for desktop and mobile devices.Over one million designers — from freelancers, to some of the largest companies in the world — use Sketch to share and collaborate on…

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GOP looking to curtail Trump’s emergency powers

“Trump and White House officials have been heavily pressuring GOP lawmakers to stick together and not vote in favor of the resolution revoking the national emergency” reports washingtonexaminer.com. Majority Leader Mitch McConnell, R-Ky., said GOP lawmakers are in discussions to narrow the law after Trump used it to redirect $3.6 billion that Congress had dedicated to military construction funding. Source: washingtonexaminer.com

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Waymo Seeks Funding To Boost Valuation

“However, while the funding would help limit costs, Waymo parent company Alphabet does not want to give up too much equity in the business” reports pymnts.com. Waymo is looking to raise outside capital for the first time to boost its valuation past that of Cruise, the General Motors-owned autonomous vehicle business worth almost $15 billion.California will join our driverless testing program that’s already been happening in Phoenix, Arizona since last year,” the company wrote in a blog post at the time.Since then, we’ve driven over 10 million autonomous miles on public…

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Federal court upholds law on Planned Parenthood funding

“A federal appeals court on Tuesday upheld an Ohio law that restricts government funding of Planned Parenthood and other abortion providers” reports washingtonexaminer.com. In an 11-6 ruling, the full 6th U.S. Circuit Court of Appeals reversed a ruling from the lower court and ruled against two Planned Parenthood affiliates that challenged the law.Leana Wen, president of Planned Parenthood, said the appeals court’s ruling will hurt women’s and children’s health.In reversing the lower court’s ruling, the appeals court said that while the law does impose a condition on receipt of government…

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Cloudflare, a startup that secretly runs the internet, raises $150 million — meaning its long-awaited IPO probably isn’t happening soon

“Along with the funding, Cloudflare also announced that Nike Foundation co-chair Maria Eitel and veteran tech exec Stan Meresman have joined its board of directors” writes Matt Weinberger for businessinsider.com. Cloudflare, a startup that quietly underpins much of the modern internet, has raised $150 million in funding in a round led by investment firm Franklin Templeton.When Cloudflare last raised funding in 2016, it was valued at $3.2 billion, though it declined to share an updated figure with today’s news.All told, Cloudflare has raised over $330 million in funding to date,…

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Appeals court rules Ohio can defund Planned Parenthood

“For several years, Planned Parenthood clinics received public funding to participate in Ohio initiatives targeting sexually transmitted diseases, breast cancer and cervical cancer, teen pregnancy, infant mortality and sexual violence” writes Alice Miranda Ollstein for politico.com. A majority of the 6th Circuit Court of Appeals ruled Tuesday that Ohio can cut state funding to Planned Parenthood because the organization performs abortions, overturning a lower court ruling that blocked the state from stripping about $1.5 million of annual support from the network of clinics.The Supreme Court in December declined to review…

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House Democrats said Tuesday they will fight this year to make sure funding increases for defense and domestic budgets are equal this year and will oppose any Republican effort to boost defense spending above domestic accounts.

“Like past deals, Democrats have pushed to ensure domestic spending gets exactly the same increase as the defense budget gets” reports washingtonexaminer.com. Republicans in the past have sought to increase defense spending while slashing domestic budgets.Cuts to defense and domestic spending are required under the Budget Control Act of 2011, and while Congress has moved to lift the caps most years, the two parties are likely to spar over exactly how to do that. Source: washingtonexaminer.com

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The Health 202: HIV prevention is the part of Trump’s budget Congress might pass

“Rosa DeLauro (D-Conn.) holds the key to the HIV funding Trump wants” writes March At Am for washingtonpost.com. “It’s pretty simple — we can’t end the AIDS crisis by cutting programs proven to fight this disease.” Carl Schmid, deputy executive director of the AIDS Institute, told me he’s frustrated by those proposed cuts.As Politico’s Dan Diamond notes, the HHS budget would provide $20 million for a mobile children’s hospital project at Miami’s Nicklaus Children’s Hospital.Despite the president’s vows to protect Medicare funding, Trump’s budget also calls for a marked cut for the…

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