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Our event on blockchain will feature the CryptoKitties founder

TechCrunch is poised to break through the huge noise surrounding blockchain with a new event. Zug, the Swiss Canton just outside of Zurich, has come to be known as “Crypto Valley” because it’s become a regulatory haven where startups are increasingly filing their Initial Coin Offerings. It’s also turned into a place where Blockchain startups are actually putting people on the ground in order to deal with the fast-moving regulatory environment. But the location matters less than the people we will be assembling to speak at our special TechCrunch Session on Blockchain there. We have some amazing people lined up, but let me fill you in first. Our TC Sessions: Blockchain 2018 event will bring top figures in the blockchain technology world to the stage to discuss how and where blockchain technology is going to disrupt the status quo. Among them will be Roham Gharegozlou Founder and CEO of Axiom Zen . This award-winning venture studio specializes in emerging technology, but it’s best known for its public blockchain project, CryptoKitties. This quickly became the world’s most successful blockchain game and the first decentralized application to effectively engage a consumer audience. CryptoKitties has been covered by Fortune, Bloomberg, and the BBC, accounting for roughly a quarter of the Ethereum network’s traffic within a week of launch. It’s effect was to introduce hundreds of thousands of new users to blockchain technology.

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Sony announces Xperia XZ2 Premium with 5.8-inch 4K HDR display and dual cameras focusing on ultra-low-light performance, with photos of up to ISO…

Chris Welch / The Verge : Sony announces Xperia XZ2 Premium with 5.8-inch 4K HDR display and dual cameras focusing on ultra-low-light performance, with photos of up to ISO 51,200   —  ISO 51200 sensitivity  —  Less than two months after unveiling the Xperia XZ2 at Mobile World Congress, Sony is back again with the Xperia XZ2 Premium.

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Amidst tariffs brawl with US, China is delaying reviews of Qualcomm’s NXP deal and Bain’s acquisition of Toshiba’s chip unit, raising fears both deals…

Wall Street Journal : Amidst tariffs brawl with US, China is delaying reviews of Qualcomm's NXP deal and Bain's acquisition of Toshiba's chip unit, raising fears both deals may fail   —  Qualcomm and Bain Capital are most at risk if the delays scuttle their respective deals  —  BEIJING—China is slowing reviews …

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Swiss staffing and workforce development company Adecco acquires NY-based coding school General Assembly for $412.5M; General Assembly had raised…

Dan Primack / Axios : Swiss staffing and workforce development company Adecco acquires NY-based coding school General Assembly for $412.5M; General Assembly had raised ~$120M   —  Coding school General Assembly has agreed to be acquired for $412.5 million in cash by Swiss staffing and workforce development company Adecco.

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Spotify traded down 10% on first day, achieved $26.5 billion market cap

Spotify is done with its long-awaited “direct listing” experiment. The music streaming company went public without the IPO. After completing its first trade halfway through the day at $165.90, Spotify fell to $149.01, 10 percent beneath the open. It was a down day on the stock market, but at a $26.5 billion market cap, it’s up from the private market trading that happened in the months leading up to the IPO. The top end of that range, $132, was used as a “reference point,” valuing the company at $23.5 billion. Because there was no IPO price, that demarcation is being used to say that Spotify traded up about 13 percent on its first day. Yet while it achieved a desirable market cap, some on Wall Street are puzzled as to why Spotify would want to go public without raising money. One myth that’s been floating around is that Spotify did this to avoid paying bankers. In fact, they worked with Morgan Stanley, Goldman Sachs and Allen & Co. in the lead up to the debut. They did not eliminate the investment banks, but they did manage to avoid the dreaded “lock-up” expiration, which is when most employees and insiders are allowed to sell shares. This is usually about six months after an IPO, and it often puts downward pressure on the stock in anticipation of the event. Some are wondering if Spotify’s debut will be replicated in the future. “The direct listing is really interesting as a potential roadmap for future companies because the price that Spotify now trades it as a real price without any of the distortions which come from a lockup or a banker-managed process,” said Chi-Hua Chen, managing partner at Goodwater Capital

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36 female VCs launch All Raise, an initiative to increase funding for women from 15% to 25% in 5 years and double the percentage in partner roles in…

Forbes : 36 female VCs launch All Raise, an initiative to increase funding for women from 15% to 25% in 5 years and double the percentage in partner roles in 10 years   —  AILEEN LEE STARED at the email in her drafts folder for nearly a month, unsure what to do.  The summer of 2017 had been brutal for venture capital.

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36 female VCs launch All Raise, an initiative to increase funding for women from 15% to 25% in 5 years and double the percentage in partner roles in…

Forbes : 36 female VCs launch All Raise, an initiative to increase funding for women from 15% to 25% in 5 years and double the percentage in partner roles in 10 years   —  AILEEN LEE STARED at the email in her drafts folder for nearly a month, unsure what to do.  The summer of 2017 had been brutal for venture capital.

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Dell debuts a new range of lower-priced G Series gaming laptops and refreshes XPS, Alienware, and Inspiron lines, some with new 6-core Intel chips…

Adrian Kingsley-Hughes / ZDNet : Dell debuts a new range of lower-priced G Series gaming laptops and refreshes XPS, Alienware, and Inspiron lines, some with new 6-core Intel chips   —  Dell unveils a huge refresh of the Inspiron PC line, as well as the XPS and Alienware line, as well as introducing a new, lower-priced G series gaming laptops.

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Intel sells embedded software unit Wind River to TPG for an undisclosed sum, after acquiring the company in 2009 in a deal valued at $884M (Larry…

Larry Dignan / ZDNet : Intel sells embedded software unit Wind River to TPG for an undisclosed sum, after acquiring the company in 2009 in a deal valued at $884M   —  Terms of the deal weren't disclosed.  Wind River gets more investment and Intel gets more focus.  Intel bought Wind River in 2009 in a deal valued at $884 million.

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