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Cyberdyne shares tumble after Citron targets firm

  Bloomberg Cyberdyne Inc., a Japanese maker of robot exoskeletons for patients with spinal difficulties, tumbled after short-seller Citron Research said the company’s stock is poised to plunge. Shares fell as much as 11 percent in morning trading in Tokyo after Andrew Left’s Citron said Cyberdyne is too expensive, citing declining growth in the company’s core assistive-limb product and valuations ...

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India’s Hike wins $1.4bn Tencent, Foxconn backing

    Bloomberg Hike Messenger became India’s newest internet unicorn after securing a round of funding at a valuation of almost $1.4 billion from investors including Tencent Holdings Ltd. and Foxconn Technology Group. The app, which seeks to compete with Facebook Inc.’s WhatsApp, raised more than $175 million via a series D round in which existing backers Tiger Global, SoftBank ...

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Targeting revival

  AFP Sitting cross-legged, 68-year-old Supadmi fires an arrow across a field into a small stick target and sets a bell ringing, taking the lead in the game — an ancient form of Indonesian archery. She was among sportsmen and women in colourful headdresses and sarongs who sent hundreds of arrows flying through the sky in unison at a recent ...

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