Venture capitalists poured less money into U.S. start-ups in the third quarter and split this among more companies, signaling that investors are trying to be more economical with their funds, Reuters reported. According to a study set to be released Friday, start-up investments declined 7 percent to $4.8 billion in the July-September period, compared with [...]
Venture capitalists poured less money into U.S. start-ups in the third quarter and split this among more companies, signaling that investors are trying to be more economical with their funds, Reuters reported. According to a study set to be released Friday, start-up investments declined 7 percent to $4.8 billion in the July-September period, compared with [...]
Singapore Telecommunications , Southeast Asia’s largest telecom, said it plans to set up a 200 million Singapore dollar ($150 million) corporate venture capital unit that will invest in new technologies and solutions, Reuters reported. SingTel’s Innov8 will focus its investments on technologies and solutions that lead to quantum changes in network capabilities, next generation devices [...]
From Ashlee Vance at Bits: Jonathan Schwartz, the former chief executive of Sun Microsystems, has put down his servers, chips and software and decided to tackle something new – health. Rather than trying to find a spot at another mega-corporation, Mr. Schwartz has opted for the start-up route in his next endeavor. On Thursday, he [...]
The United States initially welcomed China’s $3.4-billion investment to develop Afghanistan’s largest copper mine. But today, three years later, China has made little progress on the roads and power plants it promised for Afghanistan, and some U.S. experts worry China is repeating the lax business practices they’ve seen in other international Chinese projects.Security in Afghanistan [...]
Obscured by political battles over health care and financial regulation, President Barack Obama has “turned the government into the chief financier of a manufacturing base for clean-energy technology,” Bloomberg Businessweek wrote. The comment by Businessweek was published Thursday, the same day the Obama administration made a $1 billion pledge to fund the capture of carbon [...]
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