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Tech startups see their share of venture investing pie shrink

  Bloomberg Venture capitalists have more cash on hand to invest than ever before, but private technology firms are seeing a shrinking share of the pie. “Tech privates continue to lead the total VC investment landscape, but other primary verticals such as healthcare, consumer, financials, industrials and energy continue to occupy roughly 40 percent of VC investment,’’ Goldman Sachs Group ...

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Spotify-Universal deal lets musicians limit free play

  Bloomberg Spotify Ltd. struck a long-term licensing deal for songs from Vivendi SA’s Universal Music Group, the world’s biggest record label, agreeing to limit free play on some new albums. Universal artists including Taylor Swift will be able to offer new albums to paid subscribers only for two weeks, with singles available on the free service, the companies said ...

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Korea’s high-tech economy threatened by Chinese catch-up

  Bloomberg South Korea is famous as a high-tech powerhouse, from Samsung’s smartphones, the world’s fastest internet connection speed and world-beating innovation. And while presidential hopefuls are laying out plans to develop new technology to drive the economy over the next five years, here is a reality check: the advantage of Korean companies over their Chinese competitors is closing fast. ...

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