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Silicon Valley Revs Up for a ‘Hot Startup’ Summer

Venture capitalists behave a bit like oracles. They imagine the future, make prophecies about how we get there, and decide the fate of founders and startups. Usually, these divinations take the form of cash, showing where the VCs are placing their bets. But occasionally, they also share the prophecies with the rest of us, in the form of public writings. “Coronavirus is the black swan of 2020,” the venture firm Sequoia told its founders in a memo posted March 5. It was time to cut spending, reconsider purpose, and plan for the worst. “We suggest you question every assumption about your business.”

The last year proved intense for many startups: Many went out of business, others had to lay off tens of thousands of employees. Those…

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Pakistan set to elevate Gilgit Baltistan to provincial status

Resa airport data systems, Amadeus IT Group, Rockwell Collins, INFORM, Siemens, IBM, Ultra Electronics Holdings, Northrop Grumman Corporation, SITA, Thales Group, IKUSI, – SoccerNurds