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The secretary of State said he was traveling to Saudi Arabia and the United Arab Emirates to make sure that the U.S. is "strategically aligned" with its allies.Politicsread more
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Goldman Sachs helped state firm 1MDB to raise $6.5 billion in 2012 and 2013, and collected higher-than-typical fees of $600 million for the deals.Financeread more
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Indonesian Trade Minister Enggartiasto Lukita said all 16 countries negotiating a mega Asia-Pacific trade agreement should remain in the framework.World Economyread more
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Trump's comments come after he called off strikes against the Islamic Republic this week over concerns that a military response would kill scores of people.Politicsread more
Instacart said on Tuesday it hired Bangaly Kaba as vice president of growth from Facebook's Instagram as the grocery delivery startup tries to make itself a household name.
Kaba, who had been with Facebook since 2014, said in a statement to Reuters that his team helped double Instagram's monthly users to more than 1 billion in about two years, and he saw the opportunity for similar growth at Instacart.
"While the two 'Instas' are inherently different products, I see the same growth potential in Instacart that I saw in Instagrams early days," he said.
As part of Instacart's product organization, Kaba's unit will be focused on attracting customers and turning them into paying members of a grocery service that competes with Amazon.com Inc and several boutique players to bring online grocery orders direct to Americans' doorsteps.
Instacart's previous growth chief left in September.
The company raised $871 million from investors, including U.S. hedge fund Tiger Global Management, in recent weeks, valuing the startup at nearly $7.9 billion.