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Thrasio raises $1b in funding round

Bloomberg Thrasio Holdings Inc, an aggregator of Amazon.com Inc products, has raised more than $1 billion in a private funding round led by technology investor Silver Lake. Silver Lake, a new investor in Thrasio, was joined by existing investors including Advent International, Upper90, Oaktree Capital Management and Peak6 in the Series D financing, according to a statement. The round valued ...

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US support for Taiwan poses ‘huge risks’ to relations: China

Bloomberg China condemned the US’s latest overture towards Taiwan, warning that ties between the two countries faced “huge risks” just weeks after Presidents Joe Biden and Xi Jinping agreed to hold a video summit. US Secretary of State Antony Blinken’s call for greater participation by Taiwan in UN organisations violated the “one China” understanding between Beijing and Washington, Foreign Ministry ...

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Assange won’t face supermax prison if extradited, says US

Bloomberg Julian Assange won’t face solitary confinement or supermax prison in Colorado if he’s jailed in the US, as lawyers for the country argued his extradition shouldn’t have been blocked by a London judge on mental health grounds. The US laid out several assurances over his potential confinement and access to psychological treatment at the start of the London appeal ...

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