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Big tech IPOs look like the buildup to a bubble

A few years ago, with funding for startups surging, some people worried that the US was in the midst of a new technology bubble. Calmer heads realised that even if venture capitalists were being a little too carefree with their cash, the result probably wouldn’t look anything like the dot-com bubble and crash of 2000. Price-to-earnings multiples for public tech ...

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Fintech ‘predator’ might just end up as roadkill

France’s Ingenico Group SA straddles two fintech worlds: An old-school one of credit card payment terminals, and a shiny new one of all-digital financial transactions. The company’s expensive attempts to focus on the latter have helped knock about a quarter off its share price this year, while upstarts like Adyen NV have soared. The decline in Ingenico’s value has opened ...

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Twitter’s misguided barriers to academic research

Last month, Twitter’s chief executive, Jack Dorsey, told the Senate Intelligence Committee he believes “the people use Twitter as they would a public square and they often have the same expectations that they would have of any public space.” But for all his vows of openness, the platform is making it increasingly difficult and expensive for academics to access tweets ...

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