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2. Yahoo is pulling out of China. It's axing 200 employees in the country - bringing the total laid off since October up to between 700 and 900. It's part of CEO Marissa Mayer's cost-cutting efforts.
3. A top Silicon Valley investor claims software will replace doctors and lawyers. Keith Rabois says that "one of the most interesting things we've noticed over the last decade is the ability of math and machines to replace human judgement, particularly expert judgement... and it's finally possible now to use data and machine learning techniques to replace the judgement of experts in law and in healthcare."