The theme of the release is the new big idea of ​​venture capitalists. The venture capital market is at a crossroads. While early-stage investors pour tens of billions of dollars into startups every quarter, there are early signs of stagnation and uncertainty. At this point, venture capitalists could use a big new investment idea. And, as often happens, representatives of Andreessen Horowitz, the company that gave the world the previous one, spoke with it.

Venture investors are in search of new ideas: the billionth rounds of Vision Fund, who first stumbled with Uber, and then failed with WeWork, inspire less and less, and entire market sectors show signs of overheating. Peter Levine from Andreessen Horowitz, the valley venture fund of the valley, under the control of which there are assets of $ 10 billion, is sure that the “next big thing” is commercialization of the open source codes.

The military operation “Source of Peace”, which the Turkish army launched in northeast Syria on October 9, is “an invasion of the territory of an Arab state and aggression against its sovereignty,” said Ahmed Abul Gheit, Secretary General of the Arab League (LAS). On October 12, countries gathered in an emergency session convened by Egypt to discuss Ankara's military operation against the Kurdish YPG. What's happened? The actions of President Recep Tayyip Erdogan were also condemned in Europe.

The Chinese automaker Great Wall will become a sponsor of the football club "Arsenal", according to the website of the government of the Tula region. The amount of the contract is not called. The team's sponsorship clause is contained in a memorandum on the development of sports in the Tula region, which was signed by the head of the board of directors of Great Wall, Wei Jianjun, and the Tula governor, Alexei Dyumin.

Bitcoin fell from $8,373 to $8,225 on the night of October 12, according to data from CoinDesk. This happened after the US authorities suspended the ICO of Gram tokens, the cryptocurrency of Telegram founder Pavel Durov. fell Other popular cryptocurrencies also in price. Ethereum fell to $179 from a daily high of $185; Bitcoin Cash - up to $219 from $224; Litecoin was at a low of $55 against $56 in trading on the afternoon of October 11th.

The American and Chinese authorities will make concessions to stop the "trade war". Representatives of both countries announced this on Friday. Washington promised to postpone the introduction of duties on Chinese products, in return, Beijing will increase the purchase of agricultural goods from the United States.

Facebook's project to create its own cryptocurrency Libra Association continues to lose partners. their exit from the project Visa, MasterCard, Stripe and EBay announced . At the same time, representatives of the companies said that they had not lost faith in the project and were ready to return to it at later stages of development. On Friday, the US Securities Commission banned the issuance of another cryptocurrency - Pavel Durov's TON.

The Bank of Russia is dissatisfied with the idea of ​​the Ministry of Economic Development (MED) to limit the period during which the regulator owns banks undergoing reorganization to five years. This is reported by Vedomosti, which has read the Central Bank’s response to the Ministry of Economic Development’s amendments to the competition law. What happened. The head of VTB, Andrei Kostin, proposed that the Central Bank limit the period of ownership of shares in rehabilitated banks.

Economists studying the labor market have long ignored personality characteristics. But recent studies show that the influence of personal qualities on salaries can be comparable to the presence of higher education, writes Ksenia Rozhkova, an employee of the Labor Research Labor Labor Studies, writes for ECons. The Bell publishes excerpts from the study.

The U.S. Securities and Exchange Commission (SEC) announced that it has secured a restraining order against two offshore companies that allegedly conduct unregistered token offerings in the U.S. and abroad, in which they raised more than $1.7 billion from investors. Speech is about Telegram Group Inc. and its 100% subsidiary TON Issuer Inc. Details.