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China drops tariffs on animal feed from Asian countries as U.S. dispute escalates

China will remove import tariffs on animal feed ingredients including soybeans, soymeal and rapeseed from five Asian countries, the Ministry of Finance said on Tuesday, a sign Beijing is seeking alternative supplies of the commodities as a trade dispute escalates with the United States. China will drop tariffs on soybeans, soymeal, soybean cake, rapeseed and fishmeal originating from Bangladesh, India, Laos, South Korea and Sri Lanka from July 1, the ministry said. …read more […]

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Salesforce employees are upset over the company's work with U.S. Customs and Border Protection as Silicon Valley grapples with the government's use of tech (CRM)

More than 650 Salesforce employees reportedly sent a letter to CEO Marc Benioff criticizing the company’s work with the U.S. Customers and Border Protection agency. The letter said the company’s values were imperiled by working with the border agency, at a time when parents and children of migrants illegally crossing the border are being separated. Salesforce is the latest tech company to come under fire as Silicon Valley struggles to reconcile its progressive ethos with much coveted and highly-valuable government contracts. …read more […]

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Salesforce Staff Ask CEO to Revisit Ties With Border Agency

Hundreds of Salesforce.com Inc. employees signed a letter to Chief Executive Officer Marc Benioff criticizing the company’s contracts with the U.S. Customs and Border Protection agency, the latest in a series of staff protests at technology firms over government work. The letter said staff recently learned that the CBP is using three Salesforce products to recruit and “manage border activities.” The agency is one of several that implement and enforce Trump administration immigration policies at the U.S.-Mexico border, including one that separated families. President Donald Trump signed an order stopping the practice last week, although there’s confusion over …read more […]

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This ex-Googler pawned her 24-karat gold jewels she inherited from her mother and sold some of her Google stock to launch her new startup

Chia-Lin Simmons is a seasoned veteran in Silicon Valley’s tech sphere, with more than 20 years of experience at tech giants like Google and Amazon’s Audible. Simmons is the founder of a new startup called LookyLoo, which will launch its first product later this year: an AI-powered social platform that helps women find the right fit while shopping for clothing. Simmons sold some of her Google stock and pawned the 24-karat gold jewels given to her by her mother to get her startup rolling. …read more […]

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U.S. approves first marijuana plant-derived drug for epilepsy

The drug’s approval permits https://www.accessdata.fda.gov/drugsatfda_docs/label/2018/210365lbl.pdf its use in patients aged two years and older with Dravet Syndrome (DS) and Lennox-Gastaut Syndrome (LGS), rare childhood-onset forms of epilepsy that are among the most resistant to treatment. “This approval serves as a reminder that advancing sound development programs that properly evaluate active ingredients contained in marijuana can lead to important medical therapies,” said Food and Drug Administration Commissioner Scott Gottlieb. The drug, Epidiolex, is made up of cannabidiol (CBD), one of the hundreds of molecules found in the marijuana plant, and contains less than 0.1 percent of tetrahydrocannabinol (THC), the …read more […]

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Tesla's Tent Put to the Test as Time Runs Out for Musk

Jun.25 — Elon Musk has six days to make good on his pledge that Tesla Inc. will be pumping out 5,000 Model 3 sedans a week by the end of the month. If he succeeds, it may be thanks to the curious structure outside the company’s factory. It’s a tent the size of two football fields that Musk calls “pretty sweet” and that manufacturing experts deride as, basically, nuts. Bloomberg’s David Welch has more on “Bloomberg Markets.” …read more […]