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And for sellers, the standardized barcode system will help streamline inventory management, operations and logistics.

And Cranfield University and Harbin Engineering University will explore potential synergies in the installation and operation of different off shore energy facilities, with the aim of lowering overall costs.

And sometimes they hustle, as Reisman — the late ping-pong legend whose autobiography pulled Hodges into the orbit of the little ball — had done.

And then because of the changing economy, you want companies with the capacity to invest in this, to invest in upscaling, to create opportunities for their employees to learn new skills so that they can find jobs that are higher paying. We have been doing this for a long time with our Career Choice Program. We just announced this 0 million investment to upskill a hundred thousand Amazonians over the next several years. That’s not just fulfillment center workers. That’s software developers who want to learn new skills. Some of the skills they learn will mean that they’ll stay at Amazon. Sometimes they’ll learn skills that take them elsewhere and that’s okay too. But that’s what you want companies to do and companies of scale, like Amazon, can do something like that and have a broader impact.

And this isn’t the first time that Microsoft and TechStars have joined forces. You may recall that the two organizations came together last year to form a new Kinect Accelerator program where developers can hack away on new applications that utilize the company’s popular technology. (Microsoft and TechStars recently expanded the application deadline for the three-month Seattle program to February 8th).