Bloomberg Beta used predictive analytical tools and research to arrive at a list of 350 employees who could be future founders of startups, TechCrunch reported.
Industry
Bitcoin Remains Small in Comparison to Payment Processors and Currencies - Fitch
Despite significant increases in its use as a payment system and attention in the marketplace, Bitcoin is small relative to both traditional payment processors and global currencies, according to a Fitch Ratings Why Forum commentary published today.
US Supreme Court to tackle software patent protections
The US high court will be hearing an oral argument on the eligibility of software patent protection on Monday and will decide on the matter by the end of June, Reuters reported.
National Assembly passes foreign investment law for Cuba
The National Assembly of Cuba has approved a new foreign investment law via a unanimous vote held through a special session, Reuters reported citing the country's official media.
BlackRock adds list to investors in warning of environmental dangers to Great Barrier Reef ecosystem
BlackRock, the world's biggest fund manager, has joined the growing list of investors that have warned against the risks faced by the Great Barrier Reef, Bloomberg News reported.
Latest News
As Microsoft pulls out support for Windows XP next month, financial firms and ATM operators are now looking to Windows 7 and Linux to power their machines, TechCrunch reported.
Heads of the six biggest Internet companies in the US met with President Barack Obama and senior White House aides to talk about the government's data collection practices, Reuters reported.
Twenty-five tech companies have turned to Senator Ron Wyden asking his help to oppose the Trans-Pacific Partnership or TPP that could potentially limit online freedoms, VentureBeat reported.
A survey done by AsiaHedge showed that Asian hedge funds were able to add assets of nearly $20 billion in 2013, representing a strong performance after three years, Reuters reported.
Y Combinator President Sam Altman has renewed the call that Paul Graham made five years ago on "founders visa" to encourage international startups to establish their firms in the US, TechCrunch reported.
The foreign direct investment of China went up 10.4% from January to February this year but the holidays of the Lunar New Year caused February figures to drop, Reuters reported.
As predictive technology and the rise of wearable technology grows, concerns also abound about their use and the privacy and related issues that they bring, VentureBeat reported.
Three developers whose real identities are not yet revealed have created and launched Potcoin, a cryptocurrency that can be used by the marijuana community to conduct transactions with dispensaries.
Venture capital investors are competing with each other to support promising startups, particularly those outside the US, as young companies now have more access to capital, VentureBeat reported.
