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The Internet of Things is worth $7T market opportunity - IDC
Internet of Things (IoT) is poised to become a $7-trillion market over next five years on the most conservative basis and 50 billion new connections during the same period. Some other project the mobile wallet industry will be worth $14.4-trillion market in the near future.
Richest man in Asia acquires World Triathlon Brand for $650M
Wang Jianlin, head of Dalian Wanda Group, agreed to buy the Ironman Triathlon races organizer in a deal amounting to $650 milion. The deal was announced Thursday in a move for Asia's richest man to diversify his sports fortfolio. The developer also mentioned the possibility of another sports related purchase before the year ends.
Mobile TeleSystems tied up with Google for a voice command mobile internet service in Russia
Russia's Mobile TeleSystems (MTS) partnered with Google to improve its mobile internet service. The deal will highlight Google Now voice search, advertising and promoting it on MTS outlets. The voice command app would be pre-installed on Android devices available on MTS retail chains.
Uber Closing In on $1B Fundraising Campaign
Uber Technologies China is drawing near their $1 billion goal of raising funds to help support their fight against wealthier Chinese rival Didi Kuaidi Joint Co.