Author: dumbcapital

California laws protecting low-wage workers inhibit telework, new report by business groups suggests

Coronavirus cases are rising again in California and business groups are calling for relaxed enforcement of labor regulations so that lower-wage workers can get equal access to telework during the remainder of this months-long pandemic and beyond. But labor unions say it would only leave workers more vulnerable. A new report by the Center for…

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Gaming rules the entertainment industry, so why aren’t investors showing up?

As gaming’s popularity reaches epic heights, venture investors’ activity in the industry doesn’t seem to equate with the overall size of the games market. Spurred by an unreal year where traditional entertainment has been upended by the COVID-19 pandemic and consumers find unity in virtual worlds like Animal Crossing and Fortnite, gaming has never been…

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Indonesian logistics platform Logisly raises $6 million Series A to digitize truck shipments

Indonesia’s logistics industry is very fragmented, with several large providers operating alongside thousands of smaller companies. This means shippers often have to work with a variety of carriers, driving up costs and making supply chains harder to manage. Logisly, a Jakarta-based startup that describes itself as a “B2B tech-enabled logistics platform,” announced today it has…

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